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AmericasSeptember 30 2022

Spotlight falls on development banks’ climate role

The World Bank chief’s awkward stance on global warming has accelerated calls for multinational development banks to get an overhaul. Philippa Nuttall reports.
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Spotlight falls on development banks’ climate roleImage: Getty Images

World Bank president David Malpass caused controversy at New York Climate Week when asked his opinion on global warming. During a panel discussion on September 20, when questioned if he accepted the scientific consensus that humans burning fossil fuels were “rapidly and dangerously warming the planet”, Mr Malpass said: “I don’t even know – I’m not a scientist and that is not a question.”

Mr Malpass side-stepped attempts by the moderator to get a fuller answer, but former US vice-president and long-time climate activist Al Gore was more forthcoming, saying: “This is ridiculous to have a climate denier as the head of the World Bank.”  

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