Publication: Remarks by World Bank Group President Ajay Banga at the Lowy Institute in Sydney, Australia
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2024-09-13
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2024-09-13
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World Bank Group President Ajay Banga delivered remarks at the Lowy Institute in Sydney, Australia. He discussed the World Bank's efforts to address global challenges such as climate change, inequality, and fragility. Banga highlighted the reforms the World Bank has implemented to become more effective and impactful, including expanding its mission and vision, shortening project-approval processes, integrating operations, and increasing lending capacity. He also emphasized the importance of securing a significant replenishment of the International Development Association (IDA) and the need for collaboration with the private sector to close the financing and jobs gap. Banga mentioned specific initiatives focused on climate financing, healthcare, energy access, and social protection programs. He concluded by expressing the World Bank's commitment to ongoing reforms and greater ambition in achieving its development goals.
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“Banga, Ajay. 2024. Remarks by World Bank Group President Ajay Banga at the Lowy Institute in Sydney, Australia. © World Bank. http://hdl.handle.net/10986/42151 License: CC BY-NC 3.0 IGO.”
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