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The World Bank Is Indirectly Funding Lots of Coal Even After Committing to Slow Its Support

The Daily Star: World Bank Secretly Funds Asian Coal Boom The World Bank is indirectly financing a boom in some of Asia's dirtiest coal-fired power generation despite commitments to end most funding for the sector, a development advocacy group charged yesterday. The power plants, which contribute to climate change and deforestation as well as premature deaths due to illness, are cropping up from Bangladesh to the Philippines, all with financing provided by financial intermediaries supported by the Bank, said a report produced by the organization Inclusive Development International.
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