Throughout his engagement at UNGA, President Malpass stressed the importance of integrating climate and development, increasing climate financing, and working with governments to support Nationally Determined Contributions (NDCs), Long Term Strategies (LTS) and other key documents to better address the challenges of climate change. This engagement included participation in a climate and development event hosted by COP26 President Alok Sharma, wherein the President reiterated the World Bank Groups commitment to align our financing with the objectives of the Paris Agreement and work with partners to reduce greenhouse gas emissions and improve livelihoods through adaptation – including a commitment to ensure at least 50% of climate finance will go toward adaptation and resilience over the next five years.
The President also explored several action areas to shift public and private financing toward more sustainable food systems – including the promotion of climate-smart infrastructure, the diversification and modernization of agriculture, and more investment in research and development and extension services.
During the high-level dialogue on energy, President Malpass spoke of the need to achieve greater energy access while reducing greenhouse gas emission, calling for low-carbon solutions to the base-load problem, encouraging more research and development to lower the cost of hydrogen and offshore wind, and reiterating the World Bank Group’s commitment to assisting client countries in reaching the Sustainable Development Goal of universal access to affordable, reliable, and modern energy services.
At the high-event on Jobs and Social Protection for Poverty Eradication, President Malpass outlined five critical areas of focus as the world of work rapidly changes: promote structural reform and job creation in growth industries, adapt skills development to changing labor market needs, confront labor market inequalities head on, build social protection systems for all, and build on pandemic investments to build resilience against future crises.
President Malpass was joined by World Bank Managing Directors Axel Von Trotsenburg and Mari Pangestu, IFC Managing Director and Executive Vice President Makhtar Diop, and other senior leadership who, collectively, utilized this forum to further advocate for the World Bank’s primary mission of promoting growth and boosting shared prosperity. What follows is a synopsis of this engagement.
Strategic Engagement by World Bank Group President David Malpass at UNGA 76
Remarks on Vaccines, Energy, and Food Security
World Bank Group President David Malpass' bilaterals with: (Left to Right: Secretary-General of the United Nations António Guterres, Panama President Nito Cortizo, and Peru President José Pedro Castillo Terrones).
- Meeting with United Nations Secretary General Antonio Guterres
- Meeting with Faustin-Archange Touadera, President of the Central African Republic
- Meeting with Guillermo Lasso, President of Ecuador
- Meeting with Laurentino Cortizo Cohen, President of Panama
- Meeting with José Pedro Castillo Terrones, President of Peru
- Meeting with Samia Suluhu Hassan, President of Tanzania
- Meeting with Elizabeth Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, United Kingdom
- Meeting with Nguyen Xuan Phuc, President of Vietnam
- Meeting with Flemming Møller Mortensen, Minister for Development Cooperation of Denmark
- Meeting with Prime Minister Scott Morrison of Australia
- Meeting with Nasser Shraideh, Minister of Planning and International Cooperation, and Mohamad Al-Ississ, Minister of Finance, of Jordan
- Meeting with President Hakainde Sammy Hichilema of Zambia
World Bank Group President David Malpass' bilaterals with: (Top, Left to Right: CAR President Touadéra, International Committee of the Red Cross President Peter Maurer, President Phuc of Vietnam; Bottom, Left to Right: President Hassan of Tanzania, Colombian President Iván Duque, and EU Commission President Ursula von der Leyen).