28 OCTOBER 2021
JAKE HESS, RESEARCHER AT THE WORLD BANK (WASHINGTON)
The World Bank is facing the biggest test in its history. Next week, Bank executives are attending the Cop26 global climate summit in Glasgow, where key decisions about the fate of humanity will be made. If the Bank wants to achieve its official goals of eradicating poverty and building shared prosperity, now is the time to step up. Because nothing will increase poverty and undermine prosperity more than runaway global warming.
I have watched this drama unfold from the inside, because I work at the World Bank. Sadly, I have little confidence that my employer will become a climate leader any time soon.