US Pressures World Bank to Fund Fossil Fuels, Nuclear, Deep-Sea Mining; Halt China, Poland Lending

Washington is pushing the World Bank to finance oil, gas, nuclear, and deep-sea mining projects, reversing prior climate-focused lending priorities, and to accelerate the end of lending to China and Poland. The US also urges the IMF to monitor global imbalances and exchange rates. This signals a shift in US multilateral development bank policy, potentially reshaping global energy finance and geopolitical alignments.