In this week’s episode, host Daniel Raimi talks with Afsaneh Beschloss, founder and CEO of RockCreek Group. Before founding RockCreek, Beschloss worked with the World Bank and other financial institutions to develop energy projects around the world. As pressure mounts on banks to move away from fossil fuels, Beschloss and Raimi discuss the special role of multilateral development banks in the transition to clean energy. They also talk about recent guidance from the US Treasury Department that seeks to curb fossil fuel financing at these institutions, and what it all means for the future.

References and recommendations:

“They Knew: The US Federal Governments Fifty-Year Role in Causing the Climate Crisis” by James Gustave Speth; https://mitpress.mit.edu/books/they-knew