10. Speeches of World Bank Presidents [collection under construction]
376 items available
Permanent URI for this collection
Sub-collections of this Collection
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A. Speeches by David R. Malpass (2019 to present) -
B. Speeches by Jim Yong Kim (2012-19) -
C. Speeches by Robert B. Zoellick (2007-12) -
D. Speeches by Paul Wolfowitz (2005-07) -
E. Speeches by James D. Wolfensohn (1995-2005) -
F. Speeches by Lewis Preston (1991-95) -
G. Speeches by Barber Conable (1986-91) -
H. Speeches by Alden W. Clausen (1981-86) -
I. Speeches by Robert S. McNamara (1968-81) -
J. Speeches by George Woods (1963-68)
Items in this collection
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Remarks by World Bank Group President David Malpass at the U.S. Treasury’s MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization
(World Bank, Washington, DC, 2022-10-18)These remarks were delivered by the World Bank Group President David Malpass at the U.S. Treasury’s MDB Governors Roundtable on the Partnership for Global Infrastructure and Investment (PGII) and Private Capital Mobilization on October 18, 2022. He mentioned three of the World Bank activities as follows: (i) First is World Bank's trust funds and Financial Intermediary Funds, such as Global Infrastructure Facility and Public-Private Infrastructure Advisory Facility, which the Bank established as an Umbrella program to increase their upstream advisory support; (ii) Second, the World Bank actively use guarantees to increase capital flows to infrastructure and is working on ways to catalyze more private capital through appropriate de-risking instruments; and (iii) Third, World Bank's work on Quality Infrastructure Investment (QII) is key to increasing private investment opportunities. He also shared the following three updates: (i) First, he was pleased to see that the G20 adopted the Compendium of QII Indicators; (ii) Second, the World Bank works closely with client countries and development partners at the upstream level to improve the enabling environment for the private sector; and (iii) Third, The World Bank is of course working on new ideas and he welcomed their engagement here too. He said that importantly, the World Bank introduced the SCALE trust fund at last week’s Annual Meetings. He concluded by saying that he wants to be using the full suite of World Bank, IFC, and MIGA financing instruments and capabilities to unlock larger volumes of private finance for quality, sustainable infrastructure. -
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Remarks by World Bank Group President David Malpass at the 2022 Annual Meetings Opening Press Conference
(World Bank, Washington, DC, 2022-10-13)These remarks were delivered by World Bank Group President David Malpass at the 2022 Annual Meetings Opening Press Conference on October 13, 2022. The World Bank is the biggest funder of climate action. We are proposing at these meetings a new trust fund called SCALE that will allow the world and the global community to put funding into global public goods. That's the connection that needs to be set up within the global system to have an impact on greenhouse gas emission reduction. We're putting out the CCDRs, the Country Climate and Development Reports, at a rapid clip. China's came out yesterday; Vietnam's, earlier in September; and a host of others. We've done 10 countries and there will be another 20 by the time of COP27, which we're building up for. We were very pleased to have a major contribution from the U.S. to the Clean Technology Fund, which is one of the climate trust funds. To summarize, the world is facing a very challenging environment because of the advanced economies, and that has serious implications for developing countries. -
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Remarks by World Bank Group President David Malpass at the Eighth Ministerial Meeting of the Coalition of Finance Ministers for Climate Action – Annual Meetings 2022
(World Bank, SpeeWashington, DC, 2022-10-12)These remarks, as prepared, were delivered by World Bank Group President David Malpass at the Eighth Ministerial Meeting of the Coalition of Finance Ministers for Climate Action, during the Annual Meetings on October 12, 2022. The remarks focus on major challenge of climate change and the global outlook. The World Bank Group (WBG) can help in many ways, and is working closely with the IMF and with other multilateral development banks (MDBs). We are implementing our Climate Change Action Plan with clear, intense, and focused measures to help our client countries fully integrate climate and development. They require diagnostics, impactful projects, WBG resources, and large-scale financing. A principal goal of the action plan is to build financing mechanisms to help the global community support global public goods, such as climate action in developing countries. -
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Remarks by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors
(World Bank, Washington, DC, 2022-10-11)These remarks were delivered by World Bank Group President David Malpass to the G24 Meeting of Ministers and Governors on October 11, 2022. The developing world is facing an extremely challenging outlook shaped by sharply higher food, fertilizer, and energy prices, rising interest rates and credit spreads, currency depreciation, capital outflows, and higher level of debts that adds to higher inflation, impacting especially the poor. With the current trends, the risks of a global recession in 2023 are high. The World Bank Group, together with the IMF, stands ready to continue working with the G20 to make progress in the debt agenda and we look forward to working with India’s upcoming G20 Presidency on this. -
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Annual Meetings 2022 Media Roundtable Opening Remarks by World Bank Group President David Malpass
(World Bank, Washington, DC, 2022-10-07)Transcript of the remarks delivered by President David Malpass at the 2022 World Bank Group annual meetings media roundtable. He outlines the most urgent current crises facing development, and answers questions from participants. -
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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)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 David Malpass on World Environment Day 2022 - Mobilizing Communities for Sustainability: The Role of the Indian State
(World Bank, Washington, DC, 2022-06-05)These were the remarks delivered by World Bank Group President David Malpass on World Environment Day 2022 about Mobilizing Communities for Sustainability : The Role of the Indian State on June 5, 2022. He said that on the occasion of the world’s environment day and in honor of Prime Minister Modi’s focus on Lifestyle for the Environment (LiFE) and his call for papers, he was guided to the ancient texts of India and enlightened by their great respect for the natural world and the environment. He focused on the question of what the state can do to mobilize communities at scale for sustainable economic growth and development. He mentioned that localizing decisions to the community level has been an important part of India’s development philosophy. He highlighted on getting prices right remains a vital prerequisite for changing behaviors of communities and strengthening the economy. He said that getting institutions right is also a vital prerequisite. He mentioned that alongside community motivators, mobilizing communities around development and climate-related issues will require more effective local governments and local administration. He said that to help support change, India has an impressive system of cash and non cash transfers that forms the foundation of a strong social protection system using a unique ID mechanism. He also added that it is vitally important, the state must get pricing policies and institutions right in order to credibly invite communities to participate in development programs as part of a mass movement. He said that they look forward to supporting this with a whole of World Bank approach combining the full resources and energy of the IBRD, IDA, IFC and MIGA. He highlighted that call for papers offers the opportunity to use scholarly work to understand better how policies and institutions matter in incentivizing and leveraging communities around development issues. He concluded by saying that let us not lose this learning opportunity being offered here that day by Prime Minister Modi, who said recently that once people are determined to do something together, they do wonderful things. -
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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)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 African Consultative Group at the 2022 Spring Meetings
(World Bank, Washington, DC, 2022-04-22)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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Spring Meetings Press Conference Opening Remarks by World Bank Group President David Malpass
(World Bank, Washington, DC, 2022-04-20)These opening remarks were delivered by World Bank Group President David Malpass at Spring Meetings Press Conference on April 20, 2022. He said that we are facing COVID-19, inflation, and the war in Ukraine. He spoke about the World Bank Group has been acting fast in the face of the crises: first the Coronavirus (COVID-19) surge financing in over the last two years, which was one of the fastest and largest in our history; and now putting money into Ukraine and have moved quickly both to commitments and disbursements, including nearly 1.5 billion dollars that he announced in Poland last week. He mentioned that the World Bank Group is also working actively on climate, through its Climate Change Action Plan and the formation of Country Climate and Development Reports (CCDRs), which will identify the high priority items country by country, in their efforts to mitigate and to adapt to climate change. He was intrigued to see and welcomed India's moves the day before and that day to begin to sell from its stockpiles. He said that one of the solutions for the world is to recognize that markets are forward looking. He mentioned that the central banks can use tools that add to supply and that allow capital allocation to be improved. He concluded by saying that as interest rates rise, the debt pressures are mounting on developing countries, and we need to move urgently towards solutions.