{"id":12121,"date":"2018-11-30t13:20:26","date_gmt":"2018-11-30t13:20:26","guid":{"rendered":"http:\/\/dpetrov.2create.studio\/planet\/wordpress\/commentary-youth-future-at-stake-with-world-bank-post-2020-climate-goals\/"},"modified":"2023-03-07t19:39:34","modified_gmt":"2023-03-07t19:39:34","slug":"world-bank-climate-goals-commentary","status":"publish","type":"post","link":"\/\/www.getitdoneaz.com\/story\/world-bank-climate-goals-commentary\/","title":{"rendered":"commentary: youth future at stake with world bank post-2020 climate goals"},"content":{"rendered":"

on dec. 5, the world bank will announce its post-2020 climate goals<\/a><\/u>. as a member of generation z, this is personal.<\/p>\n

unless the bank makes an unprecedented shift toward renewable energy, 2.4 billion people will face climate catastrophe. bank officials acknowledged this reality but refuse to act.<\/p>\n

most of generation z lives in countries particularly vulnerable to future droughts, floods and extreme climate events in a world 2\u00b0 c warmer. a world that the bank is almost ensuring through its continued finance of oil and gas projects in these countries through intermediaries and infrastructure that directly enables extraction.<\/a><\/u> <\/p>\n

while most of my peers come from client countries of the bank, i do not. rather my country, the u.s., is the largest bank shareholder and thus has the most influence on the global development agenda. i feel compelled to speak up as a member of sustainus<\/a><\/u>, u.s. youth advancing justice and sustainability. the u.s. has a big stake in whether the bank locks in runaway climate change or limits warming to 1.5\u00b0 c. with annual investments totaling $60 billion,<\/a><\/u> a staff of 10,000 spread across the world, and the explicit mission<\/a><\/u> to end poverty, the bank has the resources, influence, and mandate to lead the way on climate change. yet, failed to fully divest <\/a><\/u>from fossil fuels or set a portfolio emissions target that aligns with the 1.5\u00b0 c goal.<\/p>\n

i thought this would change when the ipcc report came out last month. i attended the annual meetings last month in indonesia to find out.<\/p>\n