The World Bank has lost no time in acting on its partnership with the C40 Cities Climate Leadership Group, announced at their annual conference last week.
“The World Bank will suggest a global levy on jet and shipping fuel in recommendations to G20 governments later this year on raising climate finance,” World Bank Special Envoy for Climate Change Andrew Steer told Reuters in an interview on Sunday after the C40 Conference. The World Bank confirmed the proposal for Breaking Energy. Keep reading →