Publication: Remarks by World Bank Group President David Malpass at the 2022 Annual Meetings Opening Press Conference
Date
2022-10-13
ISSN
Published
2022-10-13
Author(s)
Malpass, David
Abstract
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.
Citation
“Malpass, David. 2022. Remarks by World Bank Group President David Malpass at the 2022 Annual Meetings Opening Press Conference. © World Bank, Washington, DC. http://hdl.handle.net/10986/38176 License: CC BY 3.0 IGO.”