To donate by check, phone, or other method, see our More Ways to Give page.

×
      LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
      LATEST NEWS
      OPINION

      david malpass

      ​A climate activist wears a mask of incoming World Bank President Ajay Banga during a protest outside the bank's headquarters in Washington, D.C. on April 14, 2023.

      Activists Greet New World Bank President With Demands for Global Just Transition

      "You can't address poverty in a world of climate chaos," one advocacy group told Ajay Banga. "End fossil fuel finance now!"

      Kenny Stancil
      Jun 02, 2023

      Climate advocates on Friday held a demonstration outside the World Bank Group's headquarters in Washington, D.C., where they welcomed the bank's new president, Ajay Banga, and implored him to immediately begin pursuing a global just transition.

      Campaigners from the Glasgow Actions Team, Global Citizen, Friends of the Earth, and Big Shift Global handed their "First 100 Days" demands to World Bank staffers as they entered the building, making the case on Banga's first day at the helm that he should prioritize four key goals over the next few months: end fossil fuel finance, ramp up clean energy funding, cancel debt for poor nations facing myriad crises, and align the bank's policies with the Paris agreement's goal of limiting global warming to 1.5°C.

      Keep ReadingShow Less
      News
      World Bank
      Cyclists take over rush hour traffic outside World Bank headquarters and urge incoming president Ajay Banga to stop funding fossil fuels on April 10, 2023 in Washington, D.C.

      'Time for a Fresh Start': Bike Protest Urges World Bank to Stop Funding Fossil Fuels

      "After years of David Malpass in the president's office, we cannot afford another second of climate denial leading the bank," said one campaigner.

      Kenny Stancil
      Apr 11, 2023

      Roughly 100 activists marked the opening day of the World Bank Group spring meetings by riding bicycles through the streets of Washington, D.C. on Monday night, calling on incoming bank president Ajay Banga to halt fossil fuel financing and ramp up clean energy and climate justice investments.

      While demanding a turnaround on green funding in developing countries, the "Wrong Way on Climate" bike protest blocked rush-hour traffic outside World Bank headquarters as finance ministers traveled to dinner parties and backroom meetings.

      Keep ReadingShow Less
      News
      World Bank
      David Malpass

      Activists Welcome Early Resignation of 'Climate Denier' David Malpass as World Bank Chief

      The move could open the way "for serious climate finance," said 350.org co-founder Bill McKibben.

      Brett Wilkins
      Feb 15, 2023

      In a move cheered by climate advocates, World Bank President David Malpass—who sparked outrage last year by refusing to affirm that burning fossil fuels is heating the planet—said Wednesday that he would step down from his post by the end of June, nearly a year ahead of schedule.

      "Serving as president of the World Bank Group has been my enormous honor and privilege," Malpass said in a LinkedIn post announcing his decision. "We've worked hard together to reduce poverty, increase economic growth, reduce government debt burdens, and improve living standards across the full range of human development, including education, health, social protection and jobs, gender, and access to clean water and electricity."

      Keep ReadingShow Less
      News
      World Bank
      SIGN UP FOR OUR NEWSLETTER
      Quality journalism. Progressive values. Direct to your inbox.
      Follow Us
      Most Popular

      Texas GOP Passes Bills Allowing Abbott Appointee to Take Over Democratic County's Elections

      'Give Me a Goddamn Break': House Democrat Slams Food Aid Cuts as Pentagon Budget Soars

      Why We Need to Abandon Industrial Farming

      DeSantis Hit With FEC Complaint Over 'Brazen' Violation of Campaign Finance Law

      The War in Ukraine Was Provoked—and Why That Matters to Achieve Peace

      Here Are the Progressives Who Voted Against the GOP's Debt Ceiling 'Extortion Scheme'

      Clarence "Private Jet" Thomas Is Getting People Killed

      Justice Jackson Voices Lone Dissent Against Supreme Court Attack on Right to Strike

      'Enormous Policy Failure': States Throw Hundreds of Thousands—Including Many Children—Off Medicaid

      Of Course It's Greedflation—and Here's How We Stop It

      SUPPORT COMMON DREAMS TODAY
      SUPPORT INDEPENDENT
      JOURNALISM TODAY
      We Can't Do It
      Without You!