NEW HAVEN, Connecticut – Few institutions have shown as much versatility and adaptability as the World Bank.

Initially founded to address global capital-market imperfections after World War II, the institution’s primary mission evolved over time to focus on fighting extreme poverty. But now that the World Bank is welcoming a new president this July, it should adapt again, this time to address climate change.

Poverty reduction, of course, should remain a high priority, considering that the COVID-19 pandemic has left many low-income countries in dire straits. But climate change has emerged as an equally important threat to these countries’ futures — as well as to the entire planet. Poverty reduction therefore must go hand in hand with the goal of addressing climate change.

QOSHE - What the World Bank can do about climate change - Pinelopi Koujianou Goldberg
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What the World Bank can do about climate change

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24.03.2023

NEW HAVEN, Connecticut – Few institutions have shown as much versatility and adaptability as the World Bank.

Initially founded to address global capital-market imperfections after World War II,........

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