US must halt the World Bank's foolish climate fantasies

After the Paris Climate Agreement was signed in 2015, the World Bank declared a perilous “new course,” vowing to lead the way on green financing.

Today, it funnels 44% of its funds — $42.6 billion annually — into climate projects, siphoning resources from the world’s most desperate needs.

As its largest shareholder, the United States cannot continue to ignore this climate fixation.

At Monday’s World Bank Annual Meeting, Treasury Secretary Scott Bessent must demand that it explicitly scrap its wasteful climate targets — and redirect its attention to its true objective.

Remember, the Bank’s purpose has always been lifting poor people out of poverty .

But as the climate-change narrative took hold, poverty was implausibly linked to 100-year temperature changes.

The World Bank, misrepre