World Bank Drops Climate Target as U.S. EV Transition Stalls and Emerging Markets Push Ahead

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World Bank Drops Climate Target as U.S. EV Transition Stalls and Emerging Markets Push Ahead | Lavamgam

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World Bank Drops Climate Target as U.S. EV Transition Stalls and Emerging Markets Push Ahead

The World Bank scrapped its 45% climate-finance target after US pressure, even while keeping a broader climate plan. US EV sales hit a pothole: Ford and GM reported Q2 EV sales down 40% and 41%, and a forecast now sees just 17% of US car sales as plug-ins by 2030. China and Nigeria are pressing ahead with green paths.