World Bank Now Can Commit to Leading on Climate Finance
World Bank President David Malpass is stepping down, a move called for by NRDC (Natural Resources Defense Council) and others because of Malpass’s insufficient commitment to address climate change.
WASHINGTON, D.C. – World Bank President David Malpass is stepping down, a move called for by NRDC (Natural Resources Defense Council) and others because of Malpass’s insufficient commitment to address climate change.
The following is a comment from Jake Schmidt, Senior Strategic Director for International Climate at NRDC (Natural Resources Defense Council):
"Malpass’s departure allows the World Bank to hit the reset button and finally commit to the leadership needed in the climate finance space. The world needs more and better climate finance to meet the scale of the climate crisis and the needs of developing countries. With new leadership, the World Bank now needs to rapidly evolve as a growing chorus of countries and experts have been urging."
NRDC Blogs addressing World Bank leadership are here:
NRDC (Natural Resources Defense Council) is an international nonprofit environmental organization with more than 3 million members and online activists. Since 1970, our lawyers, scientists, and other environmental specialists have worked to protect the world's natural resources, public health, and the environment. NRDC has offices in New York City, Washington, D.C., Los Angeles, San Francisco, Chicago, Bozeman, MT, and Beijing. Visit us at www.nrdc.org and follow us on Twitter @NRDC.