Remarks at the IDA20 Replenishment Meeting

World Bank Group President David Malpass noted that Japan is now one of the largest contributors to IDA, a key partner in achieving development results at the global, regional, and country level. He mentioned that for more than 60 years, IDA has provided concessional development financing totaling m...

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Main Author:	Malpass, David
Format:	Speech
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	IDA REPLENISHMENT DEVELOPMENT FINANCE CRISIS RESPONSE CLIMATE CHANGE POVERTY REDUCTION DEVELOPMENT ASSISTANCE DEBT SUSTAINABILITY GOVERNANCE DIGITAL INFRASTRUCTURE
Online Access:	http://documents.worldbank.org/curated/undefined/831001639730965461/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-IDA20-Replenishment-Meeting http://hdl.handle.net/10986/36745

id	okr-10986-36745
recordtype	oai_dc
spelling	okr-10986-367452021-12-18T05:10:39Z Remarks at the IDA20 Replenishment Meeting Malpass, David IDA REPLENISHMENT DEVELOPMENT FINANCE CRISIS RESPONSE CLIMATE CHANGE POVERTY REDUCTION DEVELOPMENT ASSISTANCE DEBT SUSTAINABILITY GOVERNANCE DIGITAL INFRASTRUCTURE World Bank Group President David Malpass noted that Japan is now one of the largest contributors to IDA, a key partner in achieving development results at the global, regional, and country level. He mentioned that for more than 60 years, IDA has provided concessional development financing totaling more than US$458 billion to 114 countries to boost economic growth, reduce poverty and inequality, and improve people’s living conditions.  He highlighted that the World Bank’s crisis response to COVID-19 has been the largest in its history, and IDA responded with speed and scale to the unprecedented economic and health crises and committed US$56.9 billion between April 2020 and November 2021.  He expressed his appreciation to the IDA Borrower Representatives who have consistently offered their advice, providing a country lens on how the support can best be tailored to meet the needs and priorities of IDA countries. He spoke about the generous pledges that are matched by the most ambitious IDA policy package. He concluded by saying that cross-cutting issues are the foundational building blocks of this policy framework. These include crisis preparedness, which was introduced in IDA20 to build resilience in a world of more frequent crises with compounded effects, as well as ongoing emphasis on governance and institutions, debt sustainability, and digital infrastructure and interventions to foster economic and social inclusion. 2021-12-17T18:52:09Z 2021-12-17T18:52:09Z 2021-12-15 Speech http://documents.worldbank.org/curated/undefined/831001639730965461/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-IDA20-Replenishment-Meeting http://hdl.handle.net/10986/36745 English Delivered December 15, 2021; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: President's Speech
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	IDA REPLENISHMENT DEVELOPMENT FINANCE CRISIS RESPONSE CLIMATE CHANGE POVERTY REDUCTION DEVELOPMENT ASSISTANCE DEBT SUSTAINABILITY GOVERNANCE DIGITAL INFRASTRUCTURE
spellingShingle	IDA REPLENISHMENT DEVELOPMENT FINANCE CRISIS RESPONSE CLIMATE CHANGE POVERTY REDUCTION DEVELOPMENT ASSISTANCE DEBT SUSTAINABILITY GOVERNANCE DIGITAL INFRASTRUCTURE Malpass, David Remarks at the IDA20 Replenishment Meeting
relation	Delivered December 15, 2021;
description	World Bank Group President David Malpass noted that Japan is now one of the largest contributors to IDA, a key partner in achieving development results at the global, regional, and country level. He mentioned that for more than 60 years, IDA has provided concessional development financing totaling more than US$458 billion to 114 countries to boost economic growth, reduce poverty and inequality, and improve people’s living conditions.  He highlighted that the World Bank’s crisis response to COVID-19 has been the largest in its history, and IDA responded with speed and scale to the unprecedented economic and health crises and committed US$56.9 billion between April 2020 and November 2021.  He expressed his appreciation to the IDA Borrower Representatives who have consistently offered their advice, providing a country lens on how the support can best be tailored to meet the needs and priorities of IDA countries. He spoke about the generous pledges that are matched by the most ambitious IDA policy package. He concluded by saying that cross-cutting issues are the foundational building blocks of this policy framework. These include crisis preparedness, which was introduced in IDA20 to build resilience in a world of more frequent crises with compounded effects, as well as ongoing emphasis on governance and institutions, debt sustainability, and digital infrastructure and interventions to foster economic and social inclusion.
format	Speech
author	Malpass, David
author_facet	Malpass, David
author_sort	Malpass, David
title	Remarks at the IDA20 Replenishment Meeting
title_short	Remarks at the IDA20 Replenishment Meeting
title_full	Remarks at the IDA20 Replenishment Meeting
title_fullStr	Remarks at the IDA20 Replenishment Meeting
title_full_unstemmed	Remarks at the IDA20 Replenishment Meeting
title_sort	remarks at the ida20 replenishment meeting
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/undefined/831001639730965461/Remarks-by-World-Bank-Group-President-David-Malpass-at-the-IDA20-Replenishment-Meeting http://hdl.handle.net/10986/36745
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Remarks at the IDA20 Replenishment Meeting

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