Global: 'Don't leave it to the World Bank'

Leading environment groups have opposed plans to hand over financing to check climate change to the World Bank. Industrialised countries may be required to provide more than 100 billion dollars for developing countries to build low-carbon economies, according to unofficial estimates. This money should not be handled by the World Bank, 142 organisations fighting for climate justice said in a joint statement Tuesday (Dec. 9) at the UN climate talks under way in the Polish city Poznan.