Remarks at the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action / David Malpass.

Format:

Book

Government document

Author/Creator:

Malpass, David.

Series:

Speeches of World Bank Presidents.

World Bank e-Library.

Speeches of World Bank Presidents

Language:

English

Subjects (All):

Adaptation To Climate Change.

Agricultural Subsidies.

Biodiversity.

Climate Change and Environment.

Climate Change Mitigation and Green House Gases.

Coronavirus.

COVID-19.

Environment.

Environmental Economics and Policies.

Gender.

Natural Resources Management.

Local Subjects:

Adaptation To Climate Change.

Agricultural Subsidies.

Biodiversity.

Climate Change and Environment.

Climate Change Mitigation and Green House Gases.

Coronavirus.

COVID-19.

Environment.

Environmental Economics and Policies.

Gender.

Natural Resources Management.

Place of Publication:

Washington, D.C. : The World Bank, 2020.

System Details:

data file

Summary:

David Malpass, President of the World Bank, spoke about the Coronavirus (COVID-19) pandemic that has underscored the deep connections between economic systems, human health, and global well-being. Ccountries now have a chance to set themselves on a greener, smarter, and more equitable development path. It is critical that countries work toward their climate and environmental goals. As countries find themselves saddled with rising debt, there is also an opportunity now to reform harmful subsidies from agriculture and fisheries to fossil fuels. Subsidy reform can provide a triple dividend by making the economic recovery fiscally sound, environmentally sustainable, and resilient to future shocks. The World Bank Group remains the largest multilateral funder of climate investments in developing countries. The World Bank Group helps countries put an economic value on biodiversity including forests, land, and water resources so they can better manage these natural assets.