He said that was “the president’s decision” but went on to criticise the World Bank’s climate record. But there is precedent for World Bank presidents to leave the job early. In his resignation letter, he said he was leaving to make a bigger impact on climate change and the infrastructure deficit. Under Malpass, the World Bank reportedly watered down a joint climate statement with other banks ahead of the Cop26 climate summit. A World Bank spokesperson said: “The World Bank Group is the largest multilateral funder of climate investments in developing countries.

Source: New York Times September 22, 2022 15:30 UTC