Malpass faces calls to step down this week
World Bank President David Malpass could be on the block of the Biden administration over climate change. according to Friday report from Axios.
Some administration officials have considered trying to replace Malpass because of his climate stance, although the bank’s board is not controlled by the White House, Axios said, citing people familiar with the matter. World Bank chief faces calls to resign after saying ‘I’m not a scientist’ when asked on New York Times event on Tuesday on whether he acknowledges that burning fossil fuels is contributing to rapid global warming.
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The World Bank sent FOX Business to Political interview published on Friday, when it was possible to comment on the report. During this interview, Malpass stated that he would not retire and that the World Bank was “taking strong leadership” on climate change.
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“When you were asked: “Do you deny the climate?” I should have said no, he said, later adding that it was a “poorly chosen line.”
He also laid out his position on climate change during an interview with CNN on Thursday, saying: “It is clear that greenhouse gas emissions come from man-made sources, including fossil fuels, methane, agricultural and industrial uses.”
Climate activists called on Malpass and the World Bank to do more about past climate change. The World Bank provided a $31.7 billion loan for climate-related investments in fiscal 2022.
Malpass became the head of the World Bank in 2019 after former President Donald Trump chose him for the role. the board of governors approved it. His five-year term ends in 2024.
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