Phyllis Cuttino calls for Malpass' ouster
Update: 2022-11-24
Description
At the 27th United Nations Climate Change Conference in Sharm el-Sheikh, Egypt, the calls for the restructuring of multilateral development banks are echoing through the halls, with the hopes that with reforms, finance will flow more readily to lower-income countries to allow them to green their economies and help their populations adapt to the changing world.
In the 12th episode of the COPcast, Devex sat down with Phyllis Cuttino, the new president and CEO of the Climate Reality Project, who emphasized one reform in particular: A switch up in leadership at the World Bank.
"Davis Malpass ... has a past where he has denied climate science and I think that makes him unsuitable to lead the World Bank at this time," she said, adding that the bank also needs to commit to only financing fossil fuel projects in the "most extraordinary of circumstances."
In the 12th episode of the COPcast, Devex sat down with Phyllis Cuttino, the new president and CEO of the Climate Reality Project, who emphasized one reform in particular: A switch up in leadership at the World Bank.
"Davis Malpass ... has a past where he has denied climate science and I think that makes him unsuitable to lead the World Bank at this time," she said, adding that the bank also needs to commit to only financing fossil fuel projects in the "most extraordinary of circumstances."
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