The Biden administration is reportedly considering replacing World Bank President David Malpass, who was appointed by then-President Donald Trump in 2019, for his reluctance to accept the science of climate change.
through policy based lending and financial intermediaries.”
Malpass’s comments acknowledging the human causes of climate change weren’t enough to quiet the controversy. On Friday morning, Axios reported that thehow it could remove him. As the World Bank’s largest shareholder, the United States appoints the head of the bank. However, the bank president typically serves a five-year term, rather than at the pleasure of the U.S. president.
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