Elites argue that development institutions like the World Bank should spend a lot more money on climate policies.
It’s easy to treat reducing carbon output as the world’s priority when your life is comfortable. But 84% of the global population doesn’t live in rich countries. Their focus is understandably on crucial issues such as food, childhood mortality, education, energy poverty and other urgent challenges.
In his latest op-ed for The Wall Street Journal, Lomborg argues that the World Bank should keep its focus on poverty because that is where it can do the most good and fastest:
Most of the world population that still lives in poverty deserves a shot at a better life. We should all stand up for that right, but especially developmental institutions. Their job is to speak for the world’s poorest—not the political hobbyhorses of elites in Washington, London and Paris.