He said any new strategy should not require new finance from donor countries or for the banks to accept a lower credit rating. Kerry said if the World Bank and regional development banks could increase their lending by the hundreds of billions of dollars, it could leverage trillions in capital from the private sector and other sources. These calls intensified after World Bank President David Malpass in September initially declined to say at a public event whether he accepts the scientific consensus on global warming, which drew condemnation by the White House. Kerry said he would work with German State Secretary for Economic Cooperation and Development Jochen Flasbarth to develop the plan. "We just need a leadership that's ready to stand up, do what the laws allow," he said.

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