Remarks by World Bank Group President David Malpass at the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action

William Arsn

Thank you, Kristalina. I’m very pleased to join the Fourth Ministerial of the Coalition of Finance Ministers for Climate Action. The COVID-19 pandemic is not just impacting health, livelihoods, and economies. It has demonstrated—with deadly effect—that national borders offer little protection against some calamities. The pandemic has underscored the deep […]

Digital finance for a fairer post-pandemic world

William Arsn

By Maria Ramos and Achim Steiner Johannesburg/New York Today’s unprecedented Covid-19 crisis has prompted billions of people to work, socialise, and consume digitally. This shift creates a historic opportunity to unlock the potential of digitalisation to finance more inclusive, sustainable development.Digitalisation is transforming every aspect of finance. More than 1bn […]

Navigating bonus culture in the finance sector

William Arsn

Former and current governors of the Bank of England, Mark Carney and Andrew Bailey&nbsp When COVID-19 swept across Spain this spring, the country’s second-largest lender, Banco Bilbao Vizcaya Argentaria (BBVA), did not waste time proving its social responsibility credentials. The bank announced on March 30 that its executives would forgo […]