World Bank President David Malpass talks about no climate pressure
World Bank President David Malpass may be taking the Biden administration’s stance on climate change, according to a report from Axios on Friday.
Axios reported, citing people familiar with the matter, that some administration officials have considered trying to replace Malpass due to his climate stance, even though the bank’s board of directors is not under the control of the White House. The World Bank chief faced calls to resign after saying “I’m not a scientist” when asked at a New York Times event on Tuesday whether he agreed that burning fossil fuels was contributing to rapid global warming.
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The World Bank directed FOX Business to an interview with Politico published Friday when it was contacted for comment on the report. During that interview, Malpass stated that he would not resign and that the World Bank was “doing strong leadership work” on climate change.
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“When asked, are you a climate denier?” I should have said “no,” he said, adding later that it was a “poorly chosen streak.”
He also touched on his position on climate change during an interview Thursday with CNN, saying, “Greenhouse gas emissions are clearly coming from man-made sources, including fossil fuels, methane, agricultural uses and industrial uses.”
Climate activists Malpass and the World Bank have called for more to be done about past climate change. The World Bank provided $31.7 billion in loans for climate-related investments in fiscal year 2022.
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Malpass became president of the World Bank in 2019 after former President Donald Trump nominated him for the position, and The Board of Governors confirmed it. His five-year term is due to expire in 2024.