April 5, 2019

Alex Doukas, alex [at] priceofoil [dot] org
David Turnbull, david [at] priceofoil [dot] org

Response to Malpass Appointment as World Bank President

Today, Senior U.S. Treasury official and Trump appointee David Malpass was confirmed as the new President of the World Bank. In response, Alex Doukas, Stop Funding Fossils Program Director for Oil Change International, released the following statement:

“Trump’s other nominees don’t have a stellar track record when it comes to telling the truth, so while Malpass has promised to maintain the World Bank’s existing commitments on climate change, governments should be extremely wary.

While Trump nominated him, the World Bank Group’s Board chose to approve him, so they are now responsible for what he does at the Bank. The World Bank Group’s Board should hold Malpass to his promises, and they must move aggressively to rein him in if he attempts to drag the Bank backward on climate change.”