Business Maverick: World Bank’s Malpass Says He Won’t Resign Over Climate Comments

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World Bank President David Malpass said he hasn’t considered resigning and isn’t under pressure from member countries to do so, after critics slammed him for dodging questions on whether he accepted the scientific consensus that the burning of fossil ...

Malpass, speaking Friday at an event hosted by Politico, said he “really wasn’t prepared” for the line of questioning Tuesday when former Vice President Al Gore labeled Malpass a “climate denier” and Malpass said he was “not a scientist.”“It was a poorly chosen line,” the World Bank chief said Friday. “I regret that because we as an organization are using the science every day in terms of finding the most impactful projects.

Malpass, 66, who was nominated to the post in 2019 by then-President Donald Trump, has been in damage-control mode since that event. His remarks raised eyebrows within the Biden administration and sparked renewed criticism of both the bank and its chief. Environmental activists had already been calling on the World Bank and other multilateral lenders, including the International Monetary Fund, to do more to accelerate clean-energy ventures and halt funding for fossil-fuel projects.

 

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Good on you!!! GretaThunberg

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