Economic development of African nations is hamstrung when bank’s ‘green’ policies create energy poverty
By Bjorn Lomborg , Wall Street Journal, May 17, 2025
Rich Western nations and their development banks love to parade their climate virtue and wag their fingers at Africa. They insist that the continent leapfrog from no energy to trendy renewables like solar and wind, even as wealthy nations run mostly on fossil fuels. With the biggest voting share in the World Bank, the U.S. has effective veto power over major decisions at the globe’s largest multilateral organization—and the moral duty to put its foot down.… Read more