World Bank to limit financing of coal-fired plants

http://uk.reuters.com/article/2013/07/16/us-worldbank-climate-coal-idUKBRE96F19U20130716

(Reuters) – The World Bank’s board on Tuesday agreed to a new energy strategy that will limit financing of coal-fired power plants to “rare circumstances,” as the Washington-based global development powerhouse seeks to address the impact of climate change.