in World News $41 Billion of World Bank’s ‘Climate Change’ Fund Has Gone Missing
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The globalist World Bank has “misplaced” a staggering $41 billion in “climate change” funds, an investigation has revealed.
Oxfam launched an investigation into the World Bank’s handling of the funds and found that billions in “misplaced funds” had gone missing.
Investigators revealed that there is “No clear public record showing where this money went or how it was used.”
The World Bank was created, in part, to help alleviate extreme poverty.
Roughly 10% of the world’s population, 700 million people, are living on less than $2 a day.
The bank gets its funding from taxpayer-funded contributions made by rich nations.
However, the World Bank recently decided to divert 45 percent of its development funds from poverty programs to globalist “climate change” schemes.
About $40 billion a year from the World Bank is now earmarked to fund green agenda efforts.
Yet, since the money shifted to “climate change” initiatives, vast sums of cash have become mysteriously “misplaced.”
An investigation by Oxfam of the World Bank’s finances shows that anywhere between $24 and $41 billion of “misplaced funds” are now missing.
There is no way of locating the missing money due to “poor record-keeping practices,” says Oxfam.
These funds were most likely stolen.
“An Oxfam audit of the World Bank’s 2017-2023 climate finance portfolio found that between $24 billion and $41 billion in climate finance went unaccounted for between the time projects were approved and when they closed,” according to Oxfam.