"Governments desperate for cash to protect their citizens from the growing impacts of the climate crisis are being put in a beyond absurd situation this week at global finance talks: they are being urged not to mention the climate, even as they address the current oil crisis."
"Insiders have told the Guardian the White House is forcing countries to choose between opening up a potentially unbridgeable rift or playing down the climate crisis and trying to squeeze in green priorities by the back door."
"The US Treasury secretary, Scott Bessent, demanded the removal of some climate finance targets from the World Bank's aims and insisted it must finance all affordable and reliable sources of energy with an all-of-the-above approach to energy that includes financing for gas, oil and coal."
Governments are facing pressure to avoid climate discussions during global finance talks, even as they address the oil crisis. The IMF and WBG meetings aim to create a new climate change action plan, but this may be sidelined. Delegates from 189 countries are expected to discuss renewable energy investments, crucial for energy security. However, the US administration is influencing these discussions, pushing for a focus on traditional energy sources and limiting climate finance targets, causing concern among other nations.
Read at www.theguardian.com
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