Globalisation
The World Bank has a poor environmental record and its activities can be directly linked to the many causes of global warming.
The World Bank
carbon-info.org
5) Globalisation
The globalisation of international trade has had a negative effect on global warming. The economic growth of the airline industry is just one of many sectors that have contributed increasing amounts of CO2.
Global Companies
The bank continues to support projects, which aim to identify and commercialise new sources of fossil fuels - coal, oil and gas - despite the scientific evidence that this leads to global warming and climate change on an unpresendented scale.
The bank also continues to cripple developing countries, who can scarcely afford to repay their loans without this involving them having to commercially exploit their often only commodity - prime tropical forest, without thought for the lasting damage logging causes.
However, large multinational corporations have started to realise that unless they embrace global warming and start to reduce their impact on the planet, they will be left behind and overtaken by more 'green' organisations. Hence, the fear of the competition getting an edge is driving forward change. Even US businesses - though not supported by the US President - have started to change their ways.
Lately, Boeing have launched major green initiatives, which will lead to reduced CO2 emissions from the airline industry in the future.
