The World Development Movement has found that the World Bank Clean Technology Fund, originally promoted by George W Bush, will be funding coal fired power stations in developing countries. The clause in the funding rules mean that many coal fired power stations pass the weak emissions criteria in the rules. In order to get funding, A coal power station project only needs to produce 0.005 tonnes of CO2 less than the current average for existing power stations.

Alarmingly the UK government is planning to put hundreds of millions of pounds into the fund.

World Development Movement article
New Scientist