World Bank Projects 216 Million Climate Refugees by 2050

World Bank Projects 216 Million Climate Refugees by 2050

By Amy Lupica, ODP Daily Editor A new report published by the World Bank, titled Groundswell Part II, warns that 216 million people could be displaced by climate change by 2050. People in places with rapidly rising sea levels, water scarcity, and increasing crop failure face higher risk of displacement. The report also found that […]

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Head of World Bank Steps Down, Goes Green

Head of World Bank Steps Down, Goes Green

The head of the World Bank, Jim Yong Kim, is stepping down three years early to join the investment firm Global Infrastructure Partners, which focuses on investing in renewable power generation assets in developing countries, according to the Financial Times.  News of his departure next week caught many in the financial world by surprise, but it also signals the growing importance and profitability of the development of green infrastructure.  

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