How does the World Bank fit into the climate conversation?

As one of the world’s largest international organizations, the World Bank’s economic development activities have far reaching implications for the environment. Of course, the World Bank has done plenty to help the environment, but they also fund projects that contribute to fossil fuel growth, biodiversity loss, and land degradation, all while preaching a steadfast commitment to climate change mitigation and sustainable development. Today, we go over what the World Bank is, why some of their work has led to environmental problems, and how they can improve moving forward. With special guest Dr. Teresa Kramarz: Associate Professor of Global Affairs at the University of Toronto and author of Forgotten Values: The World Bank and Environmental Partnerships.