Adani coalmine 'covertly funded' by World Bank, says report

The bank’s private sector arm is accused of subsidising loans that funded the Indian firm’s Queensland exploration bidAdani’s Carmichael mine has been “covertly funded” by the World Bank through a private arm that is supposed to back “sustainable development”, according to a US-based human rights organisation.Adani Enterprises acquired exploration rights for Australia’s largest proposed coalmine in 2010 with a US$250m loan from banks including Indi