Not good.

International Finance Corporation piloted its green equity policy with an Indonesian bank, which went on to fund a coal complex with emissions the size of Spain.

World Bank branch indirectly backs coal megaproject despite green pledge climatechangenews.com/2020/10/22/wor… International Finance Corporation piloted its green equity with an Indonesian bank, which went on to fund a coal complex with emissions the size of Spain @WorldBank @IFC pic.twitter.com/JTeemjxiOn

Two enormous coal-fired power projects, Java 9 & 10, are being built in #Indonesia, with massive funding from the International Finance Corporation (IFC), the private lending arm of the World Bank Group.

Embarrassing for World Bank private lending arm @IFC_org, they didn't seem to know the bank that piloted their new green policy went on to back a massive coal plant in Indonesia