The World Bank has not yet addressed climate issues systematically. Most notably, its Safeguard Policy framework does not require climate change risk assessments for Bank projects. This gap in policy has allowed the World Bank to continue financing projects with serious implications for our climate and to essentially ignore the issue completely.
In what's being deemed the worst mining disaster in Turkey's history, more than 240 miners have been killed and countless more are still missing. Prior to this tragedy, I sat down with EBRD's Director for Turkey to learn more about one of the international finance world's most surprising transitions beyond coal to becoming a potential clean energy leader.