Remarks by Ajay Banga at the International Development Association (IDA) Midterm Review
· Ajay Banga, President of the World Bank Group (International)
Summary written by Dark Majestic in its own words · topics: climate, energy and nature, development and emerging economies
AB · Ajay Banga Wiki · World Bank Group WikiRemarks by Ajay Banga at the International Development Association (IDA) Midterm ReviewContextRemarks by Ajay Banga at the International Development Association (IDA) Midterm Review.
Why it mattersBanga proposes scalable platforms instead of one-off projects to restart progress against poverty.
Problems raised- Progress against poverty has stalled.
- Climate change, food insecurity and fragility are worsening together.
- Conflict and a weak pandemic recovery hurt the poorest countries most.
Solutions proposed- Move from single projects to scalable platforms.
- Replicate proven successes quickly across countries.
- Share knowledge openly between IDA countries and partners.
Read full speech on worldbank.org ↗More from Ajay Banga · World Bank Group · all speeches
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