Published October 24, 2024 7:42 PM EDT | Updated October 24, 2024 7:42 PM EDT
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We are constantly being told that climate change is an existential threat to humanity, threatening our very ability to continue to support life on Earth. Everything from typical hurricane activity to moderately warm days in July is blamed on climate change by economically minded “experts” and their media partners.
So you would think that an organization that claims to “fight” climate change would be tracking where billions of dollars are being spent, right? Wrong.
The World Bank, a Washington, DC-based organization, reportedly lost between $24 billion and $41 billion in funds that would have been earmarked for climate change research. $24 billion to $41 billion. Gone.
An investigation by Oxfam found that “inadequate record-keeping practices” and “lack of traceable expenditure” led to a woeful lack of transparency. Even the $24 billion to $41 billion figure may be completely inaccurate, according to World Bank officials who spoke to the New York Post. “There is a possibility that it will double or even 10 times,” the official said.
“All numbers are routinely fabricated,” the official explained. “No one knows who used it and what it was used for.”
Sounds exactly like what you would expect from the “climate change” lobby.
WASHINGTON, DC – April 19, 2024, IMF – Protesters gather to participate in a march outside the World Bank Spring Meetings. (Photo courtesy of Kent Western/Getty Images)
Climate change funds are probably not actually in short supply
The newspaper also received comments from Niall Gardiner, director of the Margaret Thatcher Freedom Center at the Heritage Foundation, who expressed a healthy dose of frustration.
“This is an outrageous waste of American taxpayer money on a useless woke political cause. It is an insult to the American people,” Gardiner said. “The World Bank and all international institutions need to be held fully accountable. Huge amounts of wasteful spending on left-wing, progressive causes is fundamentally contrary to U.S. interests.”
It’s not just the World Bank. The billions of dollars wasted on “climate” research have turned out to be completely useless and woefully wasteful. But this particular incident is yet another example of how left-wing movements have consistently become black boxes of financial waste.
The Black Lives Matter organization has been rocked by a series of scandals in which officials used funds for personal gain. It would be surprising if exactly the same scenario did not play out at the World Bank.
If these problems are as life- and species-threatening as activists claim, then funds would actually be directed toward addressing them. Instead, the money magically disappears. They are actually telling us how indifferent they are. And we don’t need to worry too much either.
