Consider the World Bank’s allegedly nuanced ban on coal absolute now.
World Bank President Jim Yong Kim stated last week the organization has “made a very firm decision” to not extend partial risk guarantees for the construction of a new 500-megawatt coal power plant in Kosovo. This new coal plant is to replace the older of Kosovo’s two coal plants, considered by the World Bank to be Europe’s “worst single-point source of pollution.”
The World Bank’s stated policy is to help finance coal power projects “only in rare circumstances … such as meeting basic energy needs in countries with no feasible alternatives to coal and a lack of financing for coal power.”
If Kosovo doesn’t meet that criteria, it’s hard to imagine what would.
See at: https://www.dailysignal.com/2018/10/17/kosovo-should-get-the-coal-plan-it-needs/
