Reuters
US nominee to head World Bank, Ajay Banga, to visit China, other countries
WASHINGTON (Reuters) -U.S. President Joe Biden’s nominee to lead the World Bank, ex-Mastercard Chief Executive Officer Ajay Banga, said he plans to travel to Europe, Asia, Africa and potentially Latin America in coming weeks to hear from donor countries and borrowers on challenges facing the global institution. Speaking with reporters at the U.S. Treasury Department, Banga said he believes the scientific evidence on climate change, and underscored the need for the bank to continue to work on poverty reduction and inequality, while also tackling the “intertwined” challenges posed by climate change. “You cannot have economic prosperity without caring about nature, pandemics, fragility, food availability – this is our new world,” Banga said.
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