The World Bank Group is committed to climate action and reducing poverty | Letter - News Summed Up

The World Bank Group is committed to climate action and reducing poverty | Letter


Jeremy Hillman responds to a report which said that David Malpass’s Davos snub has dashed hopes of a climate consensusIs the Guardian really arguing that leaders who don’t jet into Davos aren’t committed to poverty reduction and climate action (World Bank chief’s Davos snub dashes hopes of climate consensus, 23 January)? The WBG is committed to climate action and provides by far the most climate-related finance among multilateral development banks and other international organisations, almost half of the total. In the last fiscal year alone, the WBG committed $17.8bn (£13.6bn) to climate-related investments – and we announced $200bn of climate finance over the period 2021-25. The World Bank Group and our leadership remain focused on the urgent and significant challenges facing more than 700 million people living on less than $1.90 a day. Jeremy HillmanDirector, corporate communications, World Bank Group• Join the debate – email guardian.letters@theguardian.com• Read more Guardian letters – click here to visit gu.com/letters• Do you have a photo you’d like to share with Guardian readers?


Source: The Guardian January 27, 2020 18:00 UTC



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