Financing Climate Change World Bank continues lending money to highly pollutant projects http://www.radiomundoreal.fm/Financing-Climate-Change?lang=es

Environmentalist organizations Earthlife Africa Johannesburg and Groundwork Friends of the Earth South Africa regret the World Bank´s decision to loan 3 billion dollars to state energy company Eskom to install a coal power plant in Lephalale, Limpopo province.

“By making this decision, the World Bank has shown, quite clearly, that it has no regard for the state of the world’s climate and environment, the future of South Africa, and economic principles of transparency and corruption” state the organizations in a communiqué issued Thursday. “The World Bank is not a responsible lender”, they add.