The World Bank, an institution that aspires to achieve global sustainable development, now wants to position itself as an environmental bank. This role does not seem like a natural fit and is inconsistent with the implementation of its policies. So, for example, its climate investment funds' criteria are not ambitious enough to realise a transition to (real) renewable energy.
Take yourself on a trip back in time. Go to Mar del Plata, Argentina, in the year 1977. A high profile international conference is taking place under the auspices of the United Nations, full of hope and burdened with lofty aims. In that year, only 20% of the world's rural population in developing countries had access to safe drinking water.