World Bank leader accused of climate denial says he’s stepping down When asked about climate change, David Malpass said he’s “not a scientist.” Soon he won’t be a World Bank president ...

The World Bank deserves a passionate leader who fully appreciates the threat that climate change poses to reducing poverty, improving living standards and sustainable growth. ...

"We need climate leaders in the World Bank, we need climate leaders in the Federal Reserve, we need climate leaders in every high aspect of office," said Thanu Yakupitiyage, a spokesperson for 350 ...

David Malpass' departure from the World Bank presents an opportunity for President Biden to select a new leader fully committed to boosting financing. The next Bank's next must be someone who is ...

And while the World Bank has not instituted the sort of sweeping overhaul envisioned by its most ardent critics, Mr. Banga, an Indian-born American, has over the past six months made a series of ...

WASHINGTON — President Joe Biden has tapped a new head of the World Bank after the bank's current leader, David Malpass, announced his resignation last week amid criticism over statements he ...

World Bank chief Ajay Banga said the lender needs to speed up project-approval times as it works to address global challenges such as climate change and inequality.

President Biden’s pick to lead the World Bank, former Mastercard CEO Ajay Banga, is getting public backing from a group of Nobel Prize winners and civil society leaders. More than 50 signatories ...

How the World Bank’s new boss is navigating a clash over climate change. Ajay Banga, born and raised in India, has ties to the developing world and corporate finance.

FILE – World Bank Group President David Malpass attends a news conference during the 2022 annual meeting of the International Monetary Fund and the World Bank Group, Oct. 13, 2022, in Washington.

African leaders on Monday called for rich countries to commit record contributions to a low-interest World Bank facility for developing nations that they rely on to help fund their development and ...