SunStar Publishing Inc.
CLIMATE advocacy groups gathered anew in front of the World Bank office in Taguig City on Friday, October 13, 2023, to call on the bank to stop fossil fuel financing. Leading the climate campaigners were members from Sanlakas, Philippine Movement for Climate Justice, Oriang, Asian People's Movement on Debt and Development, and other allied groups.
Rally organizers called out the WB on its 'continuous support for fossil fuels, as they continue to finance gas-fired power stations, pipelines and LNG regasification around Asia, despite its pledge to align its operations to the 2015 Paris Alignment to phase out coal.''In the Philippines, there are 19 coal power plants funded by the WB through its private sector arm, International Finance Corporation,' the advocacy groups said in a statement.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The climate crisis is not gender-neutralIN a recent report, the United Nations Population Fund (UNFPA) said that while women and girls are among the most vulnerable to climate change, few governments have incorporated in their climate adaptation agenda the upholding of their rights and well-being.
Read more »
Climate 'countdown clock' report launched ahead of key UN talksTop scientists have launched a yearly report series to plug knowledge gaps ahead of crunch climate talks, with their global warming 'countdown clock' vying for the attention of world leaders and ordinary citizens alike.
Read more »
Climate financing hits record $61 billionClimate finance provided by multilateral development banks to low and middle-income economies hit a new record high of nearly $61 billion last year, according to a new report.
Read more »
'Climate change, kalamidad dapat tutukan ng BSKE candidates'Isinulong na isama sa pagkilatis ng mga pipiliing lider ng komunidad ang programa nila sa paghahanda at pagtugon sa kalamidad.
Read more »
Maiden Hoop Nation Inter-Bank hoopla gets underway todayThe inaugural Hoop Nation Inter-Bank Basketball League will kick off today at the City Sports Club-Cebu gym.
Read more »
Maroons’ battlecry: Stop UST’s CabaneroDefining the News
Read more »