Not surprising, just another underhand scam.
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Only £31Bn, no one will miss it.
Poor record-keeping perhaps, but that is the result of poor oversight and no plan in which every pound is accounted for in advance.
Politicians are going to have a hard time convincing the public to continue to write checks, especially when the program is controversial, unless they can show that funds were spent in a very specific way that yielded desirable outcomes.
Otherwise, it’s called fraud.
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No surprise here that the only “news” coverage of this that I can easily find is from GB News. And no surprise either that GB News completely failed to represent the issue that the Oxfam report highlighted. And even less of a surprise that the posts on this thread quickly veered towards a tone of “net zero is bad”.
So, some here have swallowed the GB News claim without checking and reacted in the way GB News hoped - to decry climate change actions and the whole net zero issue.
For info, and you can easily read the Oxfam report, it highlights one problem with the World Bank reporting on funds made available for climate change initiatives. The problem is that the reporting only shows planned investment amounts, and not actual investment amounts. It estimates that the difference over the last 7 years might be as much as £31 billion - but it does not know, it does not know if this actual investment is above or below the original planned level. And the £31bn is a guess. It might all cancel out with some above and some below. Without the reporting Oxfam is clear that it cannot be sure of the number.
The report does not say that the investment is not tracked or measured or accounted for. It simply says post-project investment numbers are not being reported. The problem that Oxfam finds with this is that its not possible to determine if the actual spend by the World Bank is above or below target spend on climate change projects. It does not criticise the climate change projects or their effectiveness. It does not criticise how the World Bank is tracking investments or the impact of these investments.
So, sorry, but this is all hogwash from GB News.
I think we all knew that, and are just waiting for others to report something more factual. I did google it and there’s an X post on the subject but it’s it’s just silly comments a bit like mine above. Anyway thanks @Lincolnshire, I can’t wait for more details to come out. And an apologetic explanation from GB News.
[Quote]
- Why the phrase “net zero” means nothing without context. (Does it mean eliminating 98% of emissions and finding ways to absorb the remaining 2%? Or eliminating only 50% while absorbing the remaining 50%? These two are not the same!)
- Why offset markets, bioenergy, and direct air capture are outright false solutions.
- How even ecosystem restoration to absorb excess emissions can be an unjust solution if implemented in a top-down, profit-driven way instead of being driven by Indigenous and local communities.
- Why, ultimately, there is no alternative to aggressively eliminating emissions at source.
[Unquote]
All meaningless if…The war in Ukraine is about to become World War Three
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It’s all a load of bull excretia anyway and people just can’t see that they are being conned big style. But some are beginning to wake up…
The question is Foxy what do we do about it? 
Not a lot we can do Chilli, except don’t vote in any party who are prepared to see poverty and unrest caused by wasting all our tax payers money on pie in the sky projects in the name of science despite an ever growing national debt.
.
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Clutching at straws alas!
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How do you get from a report about the reporting of investments in green initiatives around the world to net zero moaning? The initiatives are things like flood defenses or irrigation, not about swapping carbon based energy to alternatives. Try to keep on topic. Or just do as GB News wants you to do - moan about net zero.
Actually most of the funding goes into someones pocket and they laugh all the way to the bank. Swiss bank at that…Of course they have to make token gestures…
Think about the UK’s impact to Climate change and the removal of green house gasses from the atmosphere, virtually nil. and then think about the poor people who have to decide between heating and eating and paying other bills…
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So much for GB News been the only reporter on green money and net zero crime… 
“Never in the field of human finance have so many been fleeced by the few”…