Huge Mystery as World Bank ‘Loses” $41 Billion in Global Warming Funds

Brian A Jackson / shutterstock.com
Brian A Jackson / shutterstock.com

Auditors have discovered that there is at least $41 billion missing from the World Bank’s Climate Change Fund. The auditors have revealed that “poor record-keeping practices” at the World Bank have made it basically impossible to tell where the money is going after it is allocated to various global warming boondoggles. There’s also no way to track how the money is spent on a project or what the final cost is with the World Bank’s shoddy accounting practices. For an entity that purports to be a “bank,” the World Bank doesn’t seem to have much interest in keeping track of its clients’ money.

Oh, and the auditors think there could be as much as $410 billion missing, but it’s impossible to tell based on the World Bank’s rinky-dink recordkeeping. Almost half a trillion dollars!

Oxfam is an international group of non-governmental organizations (NGOs) that focuses on humanitarian aid and development of poor countries. Like most left-wing charitable groups, Oxfam has stopped focusing on helping poor people in recent years and started focusing on the fake and nonexistent problem of global warming. They’re the ones who conducted the audit of the World Bank.

While we disagree with their premise entirely, Oxfam wanted to see how the World Bank’s investment in climate change projects was actually impacting the climate. Oxfam discovered that this is difficult when the money just seems to vanish from the World Bank’s coffers.

You might be thinking, “Why should I care about the World Bank being a bunch of obvious UN crooks and oligarchs?”

You should care because the World Bank has lost your money. The World Bank is a UN subsidiary and it doesn’t have individual clients like a normal bank. Its funds all come from wealthy countries like the US and the countries in the EU, so it can distribute that money to poor countries because that will somehow be “fair.” Your tax dollars flow to the World Bank and then the World Bank is supposed to distribute the money for global warming projects for that communist utopian idea of “the greater good.”

Is anyone noticing a pattern here?

The politicians send your tax dollars to Ukraine and then there’s no accounting for where the cash ends up. Just pretend it’s a coincidence when Vladimir Zelensky buys the former summer home of Prince Charles and Princess Diana in the UK, or he purchases a luxury resort on an island in the Mediterranean Sea. Likewise, when the politicians send hundreds of billions to the World Bank and the money intended for the global warming nonsense just “disappears” … well, these things happen, right?

Oopsie!

Oxfam investigators say that the World Bank only keeps track of what it plans to spend on global warming projects in poor countries. It doesn’t keep track of what it finally spends or whether any projects are ever even completed. A skeptical person might look at this situation and think that a bunch of tinhorn dictators and oligarchs are just pocketing the money for themselves.

The scandal also tells us that none of the people involved in the climate scam believe in the global warming Kool-Aid they’re trying to sell everyone else. If they really believed in “GLOBAL BOILING”—as Rep. Alexandria Ocasio-Cortez calls it—then they would be ripping off the climate funds and pocketing the cash for themselves. They’re probably buying beachfront mansions next to the Obamas at Martha’s Vineyard with the money.