The bank said it would no longer abide by its commitment to direct 45 percent of its financing to climate-related projects.
Sara Schonhardt is a Reporter at E&E News. She covers climate and energy developments globally, with a particular focus on international climate negotiations, finance, and the transition to cleaner economies. Sara's work has been featured in prominent outlets such as RealClearEnergy, POLITICO, and Scientific American, highlighting her expertise in climate policy, energy sustainability, and renewable energy.








