Remarks to the Spring Meetings 2021 Development Committee

World Bank Group President David Malpass spoke about how the Development Committee plays an essential and unique role in the international cooperation architecture. He highlighted the actions taken by World Bank to respond quickly to the Coronavirus (COVID-19) pandemic, which includes new COVID-rela...

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Main Author:	Malpass, David
Format:	Publications & Research
Language:	English
Published:	Washington, DC: World Bank 2021
Subjects:	INEQUALITY PRIVATE SECTOR FINANCE CORONAVIRUS VACCINATION COVID-19 VACCINATION FINANCE GREENHOUSE GAS EMISSIONS CLIMATE CHANGE RESILIENT RECOVERY GREEN GROWTH INCLUSIVE DEVELOPMENT DEBT SUSTAINABILITY DEBT SERVICE BURDEN CLIMATE CHANGE ACTION PLAN
Online Access:	http://documents.worldbank.org/curated/en/837461618216027058/Remarks-by-World-Bank-Group-President-David-Malpass-to-the-Spring-Meetings-2021-Development-Committee http://hdl.handle.net/10986/35456

id	okr-10986-35456
recordtype	oai_dc
spelling	okr-10986-354562021-06-14T09:54:38Z Remarks to the Spring Meetings 2021 Development Committee Malpass, David INEQUALITY PRIVATE SECTOR FINANCE CORONAVIRUS VACCINATION COVID-19 VACCINATION FINANCE GREENHOUSE GAS EMISSIONS CLIMATE CHANGE RESILIENT RECOVERY GREEN GROWTH INCLUSIVE DEVELOPMENT DEBT SUSTAINABILITY DEBT SERVICE BURDEN CLIMATE CHANGE ACTION PLAN World Bank Group President David Malpass spoke about how the Development Committee plays an essential and unique role in the international cooperation architecture. He highlighted the actions taken by World Bank to respond quickly to the Coronavirus (COVID-19) pandemic, which includes new COVID-related emergency health programs in 112 countries, vaccination operations that are expected to reach four billion dollars in commitments available in fifty countries by mid-year, and a quick doubling of trade and working capital finance to help fill the banking vacuum that hit private sectors. He urged all to consider how we can restore growth in developing countries and help reverse the growing inequality, in terms of access to vaccinations, unsustainable debt, and adverse climate impacts. He was very pleased with the G20’s endorsement of advancing the IDA replenishment cycle to 2021. He mentioned that the main elements of the World Bank Group’s Climate Change Action Plan were presented last week. He discussed the three topics of Debt, Coronavirus (COVID-19) Vaccines, and Green Resilient and Inclusive Development which are critical to a sustainable recovery. He concluded we can generate a recovery that ensures a broad and lasting rise in prosperity, especially for the poorest and most vulnerable. 2021-04-20T14:30:09Z 2021-04-20T14:30:09Z 2021-04-09 http://documents.worldbank.org/curated/en/837461618216027058/Remarks-by-World-Bank-Group-President-David-Malpass-to-the-Spring-Meetings-2021-Development-Committee http://hdl.handle.net/10986/35456 English Delivered April 9, 2021 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: President's Speech
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	INEQUALITY PRIVATE SECTOR FINANCE CORONAVIRUS VACCINATION COVID-19 VACCINATION FINANCE GREENHOUSE GAS EMISSIONS CLIMATE CHANGE RESILIENT RECOVERY GREEN GROWTH INCLUSIVE DEVELOPMENT DEBT SUSTAINABILITY DEBT SERVICE BURDEN CLIMATE CHANGE ACTION PLAN
spellingShingle	INEQUALITY PRIVATE SECTOR FINANCE CORONAVIRUS VACCINATION COVID-19 VACCINATION FINANCE GREENHOUSE GAS EMISSIONS CLIMATE CHANGE RESILIENT RECOVERY GREEN GROWTH INCLUSIVE DEVELOPMENT DEBT SUSTAINABILITY DEBT SERVICE BURDEN CLIMATE CHANGE ACTION PLAN Malpass, David Remarks to the Spring Meetings 2021 Development Committee
relation	Delivered April 9, 2021
description	World Bank Group President David Malpass spoke about how the Development Committee plays an essential and unique role in the international cooperation architecture. He highlighted the actions taken by World Bank to respond quickly to the Coronavirus (COVID-19) pandemic, which includes new COVID-related emergency health programs in 112 countries, vaccination operations that are expected to reach four billion dollars in commitments available in fifty countries by mid-year, and a quick doubling of trade and working capital finance to help fill the banking vacuum that hit private sectors. He urged all to consider how we can restore growth in developing countries and help reverse the growing inequality, in terms of access to vaccinations, unsustainable debt, and adverse climate impacts. He was very pleased with the G20’s endorsement of advancing the IDA replenishment cycle to 2021. He mentioned that the main elements of the World Bank Group’s Climate Change Action Plan were presented last week. He discussed the three topics of Debt, Coronavirus (COVID-19) Vaccines, and Green Resilient and Inclusive Development which are critical to a sustainable recovery. He concluded we can generate a recovery that ensures a broad and lasting rise in prosperity, especially for the poorest and most vulnerable.
format	Publications & Research
author	Malpass, David
author_facet	Malpass, David
author_sort	Malpass, David
title	Remarks to the Spring Meetings 2021 Development Committee
title_short	Remarks to the Spring Meetings 2021 Development Committee
title_full	Remarks to the Spring Meetings 2021 Development Committee
title_fullStr	Remarks to the Spring Meetings 2021 Development Committee
title_full_unstemmed	Remarks to the Spring Meetings 2021 Development Committee
title_sort	remarks to the spring meetings 2021 development committee
publisher	Washington, DC: World Bank
publishDate	2021
url	http://documents.worldbank.org/curated/en/837461618216027058/Remarks-by-World-Bank-Group-President-David-Malpass-to-the-Spring-Meetings-2021-Development-Committee http://hdl.handle.net/10986/35456
_version_	1764483073771044864

Remarks to the Spring Meetings 2021 Development Committee

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