The World Bank has Allegedly Lost Track of $24 Billion

World Bank Has Allegedly Lost Track of $24,000,000,000 As Insider Warns Banks’ Records ‘Routinely Made Up’ At least $24 billion in World Bank funds for climate initiatives are unaccounted for, according to a new report. Somewhere between $24 billion and $41 billion in climate financing – potentially 40% of all the funds sent to the World Bank for climate change initiatives – has gone missing due to poor record-keeping practices, reports the international aid organization Oxfam. Oxfam says it conducted an audit of the banks’ 2017-2023 climate finance portfolio and found there is no clear public record showing where the climate funds…