86: Kyle Ash Explains Challenges and Progress in Climate Finance

Published: Nov. 29, 2022, 1:11 a.m.

Matt Matern interviews Kyle Ash from the Bank Information Center (BIC). Ash discusses BIC\u2019s efforts to promote transparency in development finance, particularly with the World Bank. They monitor around 30-40 projects globally, pushing for environmental and social protections.\xa0
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\nDespite some policy progress, Ash criticizes the World Bank\u2019s slow move towards climate-friendly financing and ongoing indirect fossil fuel support. He advocates for direct air capture (DAC) and emphasizes sustainable, accountable development models.