World Bank Group & United States — Presidency of Donald Trump
2 shared events · Importance 3 · Last updated Jul 03, 2026
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World Bank Group: The World Bank Group approved $265 million in financing for the Ifahsa Pumped Hydropower Storage Project in Morocco, two days after retiring its climate lending target. This action demonstrates its continued support for climate-related projects despite policy changes.
United States — Presidency of Donald Trump: The United States — Presidency of Donald Trump exerted pressure on the World Bank Group Group to retire its goal of devoting 45% of lending resources to climate benefits, influencing the bank's policy change.
Feb 07, 2026 · 6 articles
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