Remarks by World Bank Group President David Malpass at the 2022 Ibrahim Governance Forum
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World Bank, Washington, DC
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These remarks were delivered by World
Bank Group President David Malpass at the 2022 Ibrahim
Governance Forum on May 25, 2022. He spoke about the world
is facing a dangerous period of overlapping crises of the
COVID-19 pandemic, inflation, debt, and Russia’s invasion of
Ukraine. He explanied that Africa is particularly vulnerable
to the impacts of the overlapping crises. He spoke about
climate interventions and projects offer large global public
good benefits, but many require substantial external funding
as well as a comprehensive policy framework. He emphasized
the importance of strong governance and sound institutions
to confronting climate challenges in Africa, the area which
is at the core of the Mo Ibrahim Foundation’s work. He
highlighted that the Ibrahim Index of African governance is
vital in understanding the overall trajectory of governance
in Africa and informing decision-making processes, including
in response to climate change. He said that building a more
climate-resilient Africa does not mean slowing down
development or the progress toward achieving SDG7. He
concluded by saying that various steps will be essential in
Africa’s transition from subsistence farming to productive
economic activity in agriculture, services, industry, and
public sectors.
Palabras clave
CURRENT GLOBAL CHALLENGES, COVID-19, INFLATION, DEBT, UKRAINE INVASION, GLOBAL CRISIS, CLIMATE CHANGE INTERVENTIONS, COUNTRY CLIMATE AND DEVELOPMENT REPORTS, GOVERNANCE AND INSTITUTIONS, IBRAHIM INDEX OF AFRICAN GOVERNANCE