The World Bank's Betrayal: How Climate Finance Collapse Dooms the Clean Energy Transition

The World Bank's abandonment of its 45% climate-lending goal marks a structural failure in global climate governance, directly undermining the $300 billion COP29 pledge and accelerating the trajectory toward irreversible warming. This retreat, driven by US political pressure, signals a critical weakening of institutional support for developing nations, threatening to derail the clean energy transition and exacerbate biodiversity loss at a catastrophic pace.