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Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial remarks that seemed to doubt the science of climate change. Many ...
There was no shortage of stressors to the global economy when Ajay Banga took charge at the World Bank almost a year ago: inflation eating at nations drowning in debt, a once-in-a-generation ...
World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need training to help them move and adapt to climate change as he visited the frontline of ...
David Malpass faced criticism in 2023 as he had "sparked outcry by appearing to question the role of humans in climate change". [9] In 2023, a new president was appointed: Ajay Banga. His term began on 2 June 2023. He was supported by the American president Joe Biden partly because he supports climate action. [9]
Ajaypal Singh "Ajay" Banga (born November 10, 1959 [1]) is an Indian-born American business executive. [2] He is currently the president of the World Bank Group . [ 3 ] He was the executive chairman of Mastercard , after having previously served as president and chief executive officer (CEO) of the company from July 2010 until December 31, 2020.
Climate change can also be used more broadly to include changes to the climate that have happened throughout Earth's history. [32] Global warming—used as early as 1975 [33] —became the more popular term after NASA climate scientist James Hansen used it in his 1988 testimony in the U.S. Senate. [34] Since the 2000s, climate change has ...
World Bank President Ajay Banga unveiled new plans on Tuesday to stretch the bank's balance sheet and help countries tackle climate change and other challenges, but said a capital increase would ...
In an interview on 26 August 2023, Prime Minister Modi expressed optimism about the G20 countries' evolving agenda under India's presidency, shifting toward a human-centric development approach that aligns with the concerns of the Global South, including addressing climate change, debt restructuring through the G20's Common Framework for Debt ...