Ajay Banga confirmed as World Bank chief, signals climate-change shift

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

Ajay Banga confirmed as World Bank chief, signals climate-change shift via IrishTimesBiz

The World Bank opened the nomination period in late February and said at the time that it expected the process to wrap up by early May.

US Treasury Secretary Janet Yellen has said the world’s oldest and largest development bank must evolve from its traditional focus on country-specific lending to address global challenges like fighting climate change, and to more aggressively extend its balance sheet. Malpass and the head of the International Monetary Fund, Kristalina Georgieva, have also been leading a push to get China, the biggest creditor to emerging economies, to participate in debt restructuring for distressed nations, alongside traditional western creditors from the Paris Club like the US.

Source: Energy Industry News (energyindustrynews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

After the departures of Ulster Bank and KBC Bank, what’s left for Irish consumers?The range of services on offer from traditional banks, online challenger banks, An Post and the credit unions can vary widely, so pick with care
Source: IrishTimes - 🏆 3. / 98 Read more »

JPMorgan acquire First Republic Bank in emergency US-government led rescueThe transaction makes JPMorgan, the nation's largest bank, even more massive — an outcome US government officials have taken pains to avoid in the past
Source: businessposthq - 🏆 8. / 71 Read more »

JPMorgan acquire First Republic Bank in emergency US-government led rescueThe transaction makes JPMorgan, the nation’s largest bank, even larger — an outcome US government officials have taken pains to avoid in the past
Source: businessposthq - 🏆 8. / 71 Read more »

JPMorgan acquire First Republic Bank in emergency US-government led rescueThe transaction makes JPMorgan, the nation’s largest bank, even larger — an outcome US government officials have taken pains to avoid in the past
Source: businessposthq - 🏆 8. / 71 Read more »

Dunnes Stores' perfect little white summer dress that won't break the bankA summer dress should be chic and timeless, something that can be pulled out year after year to lighten up our wardrobes as the weather improve and evenings get longer
Source: RSVPMagazine - 🏆 7. / 76 Read more »

Interest income up 86% at Permanent TSB on back of Ulster Bank loan acquisitionNew mortgage lending of €721 million represented growth of 69 per cent year-on-year
Source: businessposthq - 🏆 8. / 71 Read more »