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Behind-the-Scenes Debate on Clean Tech Fund Reveals Deep Divisions, Shifting Attitudes

As the World Bank moves closer to launching the Clean Technology Fund (CTF), serious questions remain over how the money will be spent. The political headwinds in Washington have shifted since June, when the Congress began to consider contributing to the fund. While the result is still uncertain, it appears increasingly likely that the CTF will ultimately focus on truly clean technology while generally avoiding investments in coal and other high-carbon fossil fuels.