Just like that: World Bank bureaucrats lost track of $24 to $41 billion “fighting climate change”
The World Bank — Who We Are. As they say — we’re “Accountable to ourselves”.
By Jo Nova
The World Bank is the largest climate funding multinational blob on Earth, and the world is about to end, the oceans are about to boil, but no one at the World Bank can explain where billions of dollars worth of the Earth saving funds have ended up. It’s almost as if no one there gives a toss about the climate. Indeed, if the World Bank was a giant parasitic squid feeding off the taxpayers of the West, it might look just like this.
A new Oxfam report shows that over six years, $24,000 million dollars (at least) has probably gone missing off the balance sheets, but it could be as much as $41 billion. Essentially, the World Bank budgeted to spend a lot of money, but no one bothered to track whether that money was spent, whether the budget blew out, or whether it never happened and the team went surfing in Costa Rica. Imagine if we could do our taxes this way? Indeed, it’s a bit rich to say the money was “missing off balance sheets” because apparently there […]
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