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    Remarks by World Bank Group President David Malpass at the State of Global Learning Poverty 2022 Update Report Launch
    (World Bank, Washington, DC, 2022-06-28) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass at The State of Global Learning Poverty 2022 Update Report Launch on June 28, 2022. He said that the COVID-related school closures and disruptions have deepened the learning crisis and worsened inequalities in education. He highlighted that the World Bank estimates that the share of 10-year-old children in developing countries who are unable to read and understand a basic text is now at 70 percent. He insisted that it’s urgent for political leaders to act decisively to recover and accelerate learning and avoid a human capital catastrophe. He suggested that they can do that by prioritizing four learning recovery strategies and investments: First, re-enroll and retain children in school; Second, focus on foundational learning; Third, assess students’ learning levels; and Fourth, support teachers with the practical training and learning materials that are proven to help students recover lost learning rapidly. He mentioned that the World Bank is committed to working with partners in support of countries to achieve more equal, effective, and resilient education, particularly for girls. He concluded by saying that it’s critical that children and youth of this generation have the opportunity to shape the future they deserve.
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    Remarks by World Bank Group President David Malpass at the Sina Finance 2022 ESG Global Leaders’ Summit
    (World Bank, Washington, DC, 2022-06-28) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass at the Sina Finance 2022 ESG Global Leaders’ Summit on June 28, 2022. He mentioned that in response to Russia’s invasion of Ukraine, countries are shifting their energy policy priorities in ways that may slow down the energy transition and affect global climate goals and the achievement of electricity access. He said that the increased price of natural gas is already causing increased use of coal, diesel, and heavy fuel oil in the developing world. He insisted that it will be important to identify, fund and implement the most impactful projects in terms of GHG emissions and resilience in adapting to major climate vulnerabilities. .He said that to help focus efforts in developing countries, the World Bank Group has launched a new core diagnostic called Country Climate and Development Reports, or CCDRs. He described that constant innovation will be needed as the private sector applies significant funding to global public goods. He highlighted that the World Bank promotes global transparency on climate metrics, targets, and outputs so that we can create opportunities, tackle challenges, and help countries maximize positive outcomes in their climate transition. He mentioned that China’s role as a major global creditor gives it additional responsibility to support the global shift toward investments with high ESG standards. He concluded by saying that a commitment to high standards of transparency and environmental and social risk management, similar to the standards that the World Bank Group and other MDBs follow, would help recipient countries achieve sustainable development while also significantly lowering risks for Chinese investors themselves.
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    Remarks by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security
    (World Bank, Washington, DC, 2022-06-24) Malpass, David
    These remarks were delivered by World Bank Group President Malpass at the G7 Ministerial Conference on Uniting for Global Food Security on June 24, 2022. He said food systems were fragile even before Russia invaded Ukraine, and the war has now accelerated a global food crisis. He recommended the following actions that countries should take to mitigate impacts of higher food prices and make sure that the most vulnerable continue to have food: First, support vulnerable households through social safety nets and well-targeted cash transfers; Second, enhance the next season's production by facilitating farmers’ access to agriculture inputs such as fertilizers; Third, invest in strengthening the resilience of food systems; and fourth, and most importantly, facilitate increased trade by building international consensus. He said that to help countries taking these actions, the World Bank Group is making up to thirty billion available over the next fifteen months. He highlighted that together with the G7 Presidency, the World Bank has co-convened the Global Alliance for Food Security – an alliance for countries and organizations to support existing initiatives and catalyze an immediate and concerted response. He concluded by saying that he looks forward to more opportunities to work with G7 member countries and other organizations.
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    Transcript of Conversation with David Malpass and Samantha Power on the Way Forward
    (World Bank, Washington, DC, 2022-06-21) Malpass, David ; Power, Samantha
    These remarks were delivered by the World Bank Group President David Malpass in conversation with Samantha Power, USAID Administrator on June 21, 2022. They discussed about the impact of overlapping global crises on the poorest and most vulnerable people. The world, as people know, is in a very complicated situation, especially for people in poorer countries and the poor worldwide. It has to do with inflation, with food, with conflict, fragility, issues that we work with every day at the World Bank and USAID does, too. As people know, the World Bank works on an array of development issues and including and especially right now food and fertilizer. We have announced 30 billion dollars of assistance in the food-related areas as part of our response to the current set of crises. And one of the challenges is, in specific country areas, to find the right program. And we work very, very closely with development assistance agencies around the world, including and especially USAID.
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    Remarks by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting
    (World Bank, Washington, DC, 2022-06-09) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass at the 2022 Nordic Baltic Governors Meeting on June 9, 2022. He spoke about the following: war in Ukraine; the World Bank Group is responding, with increased financial support to FCV countries, and with more staff on the ground. Addressing the challenges of fragility, conflict and violence requires strengthened international cooperation and deeper collaboration with governments, with partners such as the UN, with civil society, and the affected populations themselves, and climate action.
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    Transcript of Conversation with David Malpass and Masood Ahmed on the Way Forward
    (World Bank, Washington, DC, 2022-05-26) Malpass, David ; Ahmed, Masood
    These remarks were delivered by the World Bank Group President David Malpass in conversation with Masood Ahmed, the President of the Center for Global Development on May 26, 2022. They both discussed on the following topis: (i) respond to the COVID crisis and now to the latest set of crises from Russia's invasion of Ukraine; (ii) the world moves away from the dependence on Russian energy, then new supplies will be vital; (iii) COVID Vaccination; (iv) fighting climate change; (v) global public goods; (vi) climate change action plan; (vii) climate financing; (viii) sustainable debt finance process; (ix) food security and infrastructure development; (x) possible global recession; (xi) education sector; (xii) human capital index; (xiii) the G7 communique; and (xiv) low-income households.
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    Remarks by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum
    (World Bank, Washington, DC, 2022-05-25) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum on May 25, 2022. He spoke about the world is facing a dangerous period of overlapping crises of the COVID-19 pandemic, inflation, debt, and Russia’s invasion of Ukraine. He explanied that Africa is particularly vulnerable to the impacts of the overlapping crises. He spoke about climate interventions and projects offer large global public good benefits, but many require substantial external funding as well as a comprehensive policy framework. He emphasized the importance of strong governance and sound institutions to confronting climate challenges in Africa, the area which is at the core of the Mo Ibrahim Foundation’s work. He highlighted that the Ibrahim Index of African governance is vital in understanding the overall trajectory of governance in Africa and informing decision-making processes, including in response to climate change. He said that building a more climate-resilient Africa does not mean slowing down development or the progress toward achieving SDG7. He concluded by saying that various steps will be essential in Africa’s transition from subsistence farming to productive economic activity in agriculture, services, industry, and public sectors.
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    Remarks by World Bank Group President David Malpass to the Europe Institute at the University of Zurich
    (World Bank, Washington, DC, 2022-05-16) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass to the Europe Institute at the University of Zurich. He discusses on: Churchill symposium; Ukraine, refugees, and fragility; energy realignment; inflation, debt, and growth; the challenge of global public goods; and Swiss partnership.
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    Remarks by World Bank Group President David Malpass to the African Consultative Group at the 2022 Spring Meetings
    (World Bank, Washington, DC, 2022-04-22) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass to the Development Committee at 2022 Spring Meetings on April 22, 2022. The war in Ukraine is an added challenge to catastrophic droughts, the surge in food prices, and disruptions of food supply chains. An estimated 100 million people in Sub-Saharan Africa are expected to face food insecurity in the coming months. In Ethiopia, South Sudan and Madagascar, there were no rains for the past three years. In the Horn of Africa alone, twenty-five million people are facing famine. The Sahel faces drought, environmental degradation, displacement, poor trade integration, and the deteriorating security situation are key factors. Cameroon, the Gambia, Sudan, Tanzania, Kenya, and South Africa were major importers of agri-food products originating from Russia. Djibouti, Egypt, and Tunisia have already been experiencing high food price inflation over the past year owing to the region’s dependence on cereal imports.
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    Remarks by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine
    (World Bank, World Bank, 2022-04-21) Malpass, David
    These remarks were delivered by World Bank Group President David Malpass at World Bank Group 2022 Spring Meetings Ministerial Roundtable for Support to Ukraine on April 21, 2022. He said that he has been deeply horrified and shocked by Russia’s invasion of Ukraine, the atrocities committed against the civilian population, and the loss of life and livelihoods for millions of Ukrainians. He mentioned that since the invasion, the World Bank Group has provided fast-disbursing financial support to help the government provide critical services, pay wages for hospital workers, public servants, and the elderly. He insisted that It will be important for all partners to continue coordinating their support for Ukraine’s budget needs. He described that the World Bank Group is working toward three phases of the recovery effort of relief, recovery, and resilience. He said that as the war continues, the World Bank Group will work to build confidence in Ukraine’s financial, monetary, and fiscal institutions, fostering currency stability as they go forward. He mentioned that rebuilding will take hard work, determination, and struggle, but he remains optimistic. He concluded by saying that with our collective support, Ukraine can achieve a brighter future.