The Biden administration is about to undertake one of its most complicated international initiatives, installing a new leader at the World Bank who can steer the organization toward a sweeping climate change agenda
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“The world wants to move quickly, but we have to move in a way that builds consensus and recognizes that not all 189 members see the tradeoffs and the balance between global challenges and country-focused development in the same way,” said Masood Ahmed, president of the Center for Global Development, a think tank.
Malpass, a former senior Treasury Department official who was appointed to the post by President Donald Trump in 2019,for comments in which he cast doubt on the science underpinning concerns about climate change. Those remarks were condemned by White House Press Secretary Karine Jean-Pierre, and he later walked them back, but it led to calls for fundamental reforms of the bank to speed financing of the transition to greener energy.
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