WASHINGTON, March 2, 2025—The World Bank has released a statement on claims that between $24 and $41 billion in World Bank climate finance were not being properly tracked or misplaced due to poor record-keeping practices:
Despite some claims, $41 billion in climate funds did not go missing in the World Bank. Any claims of missing or unaccounted money are simply false. The Bank accounts for every dollar budgeted across all its operations, and its lending benefits from strict oversight. Bank financials are independently audited annually and are available publicly.
