But the bank, which finances projects for low- and middle-income countries with the goal of reducing global poverty, may fail to meet its primary mission with the new strategy, according to conservative critics."The misguided policies of Western countries to discourage energy use condemn billions of people around the world to impoverished lives," said Diana Furchtgott-Roth, director of the Center for Energy, Climate, and Environment at the Heritage Foundation.
"I'm not a scientist," he said in response to a climate question, leading to widespread calls for his ouster. Former Vice President Al Gore labeled Malpass a climate denier. Banga, on the other hand, has a longer track record of climate initiatives and has already worked with Vice President Kamala Harris on programs designed to address the root causes of migration in Central America.
Harris added,"Ajay Banga will be a transformative World Bank President as the institution works to deliver on its core development goals and address pressing global challenges, including climate change." Treasury Secretary Janet Yellen has also thrown her support behind refocusing the bank on climate change and public health and has called for expanding its access to capital as well.
MILANKOVITCH CYCLES!
Man-bear-pig....... Excelsior!!!!!!!!
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nypost - 🏆 91. / 67 Read more »
Source: Reuters - 🏆 2. / 97 Read more »