‘Gaps And Inconsistencies’: Up To $41 Billion In World Bank Climate Handouts Unaccounted For, New Report Finds
Up to $41 billion of the funds distributed to climate causes by the World Bank between 2017 and 2023 are unaccounted for due to poor accounting standards, according to an audit from Oxfam International published…
Reporting · 1 source · Jul 1, 2026Read it
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About World Bank
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. The group is the largest development bank in the world. It is headquartered in Washington, D.C., United States. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Historically, within the group, the IBRD and IDA were collectively known as the World Bank due to their emphasis on global lending.
Everything about World Bank →- Country
- United States
- Headquarters
- World Bank Headquarters
- Inception
- December 27, 1945
- Website
- https://www.worldbank.org/, https://www.banquemondiale.org/, https://www.albankaldawli.org, https://www.vsemirnyjbank.org/
