Remarks by World Bank Group President David Malpass at the COP27 Climate Finance Event

Thank you, Prime Minister Madbouly, Dr. Shoukry for hosting this event on climate finance. 

Developing countries are facing an economic crisis, heavy debt burdens, high inflation, and climate change. It is a crisis facing development itself.

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Annual Meetings 2022: Development in Crisis

The 2022 IMF-World Bank Group Annual Meetings: Unity in a time of crises

The 2022 IMF-World Bank Group Annual Meetings: Unity in a time of crises

The 2022 IMF-World Bank Group Annual Meetings: Unity in a time of crises

SPEECH: Development in a Time of Upheaval

In his September 30 speech, World Bank Group President David Malpass stressed that the poor are being left behind in a global tragedy of inequality. The speech, delivered in Khartoum, Sudan and titled “Development in a Time of Upheaval,” emphasized the need to focus on four key areas to promote sustainable growth and prosperity: achieving economic stability, leveraging the digital revolution, making development greener and more sustainable, and investing in people.