Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Lawrence Summers"


1 mentions found


How West can mobilise trillions to help save Earth
  + stars: | 2022-10-10 | by ( Hugo Dixon | ) www.reuters.com   time to read: +7 min
LONDON, Oct 10 (Reuters Breakingviews) - War, inflation, debt, hunger, energy security and fear of recession will dominate the discussions at the annual meetings of the World Bank and International Monetary Fund this week. America and a group of other countries have given the World Bank until December to come up with a plan. Register now for FREE unlimited access to Reuters.com RegisterThe West has self-interested reasons to mobilise trillions of dollars to help the poorer nations of the so-called Global South transition from fossil fuels. But getting this money to flow to the Global South is tough because investors don’t think the returns on offer justify the risks. It is therefore encouraging that America and other leading shareholders have given the World Bank its marching orders and that Malpass has responded positively.
Total: 1