At WEF24, World Bank President Says ‘We Cannot Eradicate Poverty Without Solving Climate Change’

NEO And how would ░░░░░░░░ think about the role ░░░░░░░░ the bank in catalyzing ░░░░░░░░ growth model partnerships with ░░░░░░░░ organizations to stimulate change ░░░░░░░░ the broader social economic ░░░░░░░░ governance systems that we ░░░░░░░░ today BANGA Yeah So ░░░░░░░░ mean look a journey ░░░░░░░░ by hope is realized ░░░░░░░░ deeds And so merely ░░░░░░░░ that I ve got ░░░░░░░░ new way of thinking ░░░░░░░░ things or announcing policy ░░░░░░░░ will not change the ░░░░░░░░ of what we face ░░░░░░░░ the ground every day ░░░░░░░░ we have is an ░░░░░░░░ climate crisis We cannot ░░░░░░░░ of eradicating poverty without ░░░░░░░░ about climate We cannot ░░░░░░░░ about eradicating poverty without ░░░░░░░░ about health care We ░░░░░░░░ think about eradicating poverty ░░░░░░░░ caring about food insecurity ░░░░░░░░ fragility These are if ░░░░░░░░ don t like it ░░░░░░░░ luck this is the ░░░░░░░░ that we have a ░░░░░░░░ of intertwined crises And ░░░░░░░░ when the World Bank ░░░░░░░░ its vision to go ░░░░░░░░ eradicating poverty important but ░░░░░░░░ poverty on a livable ░░░░░░░░ what we re doing ░░░░░░░░ embracing those challenges and ░░░░░░░░ the aperture with which ░░░░░░░░ bank and its people ░░░░░░░░ at the challenges we ░░░░░░░░ The reality is we ░░░░░░░░ afford another set of ░░░░░░░░ of emissions heavy growth ░░░░░░░░ s just the reality ░░░░░░░░ since we are talking ░░░░░░░░ climate for a minute ░░░░░░░░ COP 28 and this ░░░░░░░░ you the kinds of ░░░░░░░░ that can be done ░░░░░░░░ change the World Bank ░░░░░░░░ five commitments The first ░░░░░░░░ is 45 percent of ░░░░░░░░ financing would go towards ░░░░░░░░ financing by 2025 not ░░░░░░░░ by 2025 because I ░░░░░░░░ the sense of urgency ░░░░░░░░ our only savior in ░░░░░░░░ current circumstance By the ░░░░░░░░ we were already running ░░░░░░░░ about 35 So 45 ░░░░░░░░ ambitious but not crazy ░░░░░░░░ s entirely possible More ░░░░░░░░ half of that would ░░░░░░░░ to mitigation emissions but ░░░░░░░░ of that would go ░░░░░░░░ adaptation Because the developing ░░░░░░░░ sees climate from a ░░░░░░░░ different lens from the ░░░░░░░░ rather than the cause ░░░░░░░░ those of us in ░░░░░░░░ developing world who tend ░░░░░░░░ see climate only from ░░░░░░░░ we are missing the ░░░░░░░░ of engaging the hearts ░░░░░░░░ minds of people all ░░░░░░░░ the world in what ░░░░░░░░ to them on the ░░░░░░░░ every day.”