Don't mention the climate: Trump creates 'beyond absurd' situation at global finance talks
Developing countries face possible shelving of crucial green action plan at IMF and World Bank spring meetings
The International Monetary Fund (IMF) and the World Bank Group (WBG) spring meetings take place this week amid a fragile ceasefire in Iran and upended geopolitics. One of the priorities was to forge a new climate change action plan (CCAP) for the worlds biggest provider of funds to developing countries, to replace the current strategy, which expires in June.
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With the oil crunch still biting, the delegates from up to 189 countries at the conference in Washington DC might have been expected to discuss investments in renewable energy, which many see as crucial to energy security and an antidote to volatility. Climate finance is also a pressing issue for poor countries already paying billions each year to repair the damage from droughts, floods and storms.
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Other countries, including large developed economies, have reacted with alarm. Senior staff of several international finance and development institutions have said the US has piled pressure on the World Bank, the IMF and other publicly funded institutions over the climate.
They said that, although the climate was still on the agenda, people at a senior level were self-censoring and removing the term from reports and projects. The Guardian understands some leading countries prefer not to push for a new CCAP.
https://www.theguardian.com/environment/2026/apr/13/dont-mention-the-climate-trump-creates-beyond-absurd-situation-at-global-finance-talks