Climate Warehouse News


Dont understand what the World Bank does and what The Climate Warehouse is.

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The world bank is an international non-government owned bank that is a subsidy organization of the United Nations. In an oversimplified sense, it’s job is to help handle funding between member nations of the UN, especially in the case of providing loans and support to developing nations to help them reinforce their economies.

As a byproduct of it’s nature of being part of the UN and not beholden to any one nation, it was selected as part of the Paris Climate agreement to be the entity responsible for monitoring the exchange of carbon credits between the signatories of the Paris Climate Accord and to track the entire thing as a matter of official (and public) record… that portion is what’s referred to as the Climate Warehouse.


My article on the topic