The World Bank’s New Environmental and Social Policies Fail to Tackle Climate Change

Over the last two years, the Bank has been reviewing its environmental and social safeguard policies. The review process presents an important opportunity for the Bank to adopt best practices for promoting low-carbon and resilient development by establishing strong policy language on climate change. Nonetheless, a draft of proposed new policies does not address climate issues systematically.

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Peak Coal: why the industry’s dominance may soon be over

The coal industry has achieved stunning growth in the last decade, largely due to increased demand in China. But big changes in China’s economy and its policies are expected to put an end to coal’s big boom. After a decade in which coal has been grabbing an ever-larger share of the world’s energy supply, could coal’s boom be about to turn to bust? Both the United States and China are planning to curb coal, and analysts say the repercussions for the global industry could be dramatic. The world may soon breathe a great deal easier, as the biggest contributor to both urban smog and climate change goes into decline.

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