Remarks by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum
These remarks were delivered by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum on May 25, 2022. He spoke about the world is facing a dangerous period of overlapping crises of the COVID-19 pandemic, inflation, debt, an...
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| Format: | Speech |
| Language: | English English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099543206012210139/IDU0632f848a0a0f0810b0b1d173a4932d http://hdl.handle.net/10986/37781 |
| Summary: | These remarks were delivered by World
Bank Group President David Malpass at the 2022 Ibrahim
Governance Forum on May 25, 2022. He spoke about the world
is facing a dangerous period of overlapping crises of the
COVID-19 pandemic, inflation, debt, and Russia’s invasion of
Ukraine. He explanied that Africa is particularly vulnerable
to the impacts of the overlapping crises. He spoke about
climate interventions and projects offer large global public
good benefits, but many require substantial external funding
as well as a comprehensive policy framework. He emphasized
the importance of strong governance and sound institutions
to confronting climate challenges in Africa, the area which
is at the core of the Mo Ibrahim Foundation’s work. He
highlighted that the Ibrahim Index of African governance is
vital in understanding the overall trajectory of governance
in Africa and informing decision-making processes, including
in response to climate change. He said that building a more
climate-resilient Africa does not mean slowing down
development or the progress toward achieving SDG7. He
concluded by saying that various steps will be essential in
Africa’s transition from subsistence farming to productive
economic activity in agriculture, services, industry, and
public sectors. |
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