As Ajay Banga settles into his new role as World Bank president, all eyes are on his efforts to adapt the bank’s mission to address the climate crisis. It is encouraging that he has already declared a strategic focus on both gender and climate as levers for development, equity and sustainability.
In fact, on his first day in office, Mr Banga expressed the need for annual investments of trillions of dollars to arrest the forces of climate change and fragility, while simultaneously building up human capital and fighting inequality in health, education and financial access.