Remarks at the COP26 B3W Event Co-Hosted by Presidents Joseph Biden and Ursula von der Leyen
World Bank Group President David Malpass discussed how the World Bank Group can play a leading role in tackling climate change by bringing together all parties, by helping design the transitions, by quantifying the costs and benefits, by drawing in private sector investment to the bankable portions...
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| Format: | Speech |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/676971635912290840/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-COP26-B3W-Event-Co-Hosted-by-Presidents-Joseph-Biden-and-Ursula-von-der-Leyen http://hdl.handle.net/10986/36491 |
| Summary: | World Bank Group President David Malpass discussed how the World Bank Group can play a leading role in tackling climate change by bringing together all parties, by helping design the transitions, by quantifying the costs and benefits, by drawing in private sector investment to the bankable portions of projects, and by providing key portions of the funding, including IDA’s grant and zero-rate financing for the poorest countries. IDA has been a main source of funding and preparedness for vulnerable countries and explicitly supports climate action. |
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