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David Malpass touched off a furor, including calls for his removal, when he refused to acknowledge that fossil fuels are warming the planet. On Thursday, he restated his position. ....
WASHINGTON In a letter sent today, 30+ organizations and academics from around the globe called on US Treasury Secretary Janet Yellen to use the US government’s “voice and vote” in the IMF to push for an end to support of fossil fuel expansion –including gas. The letter outlines proposals to advance just, green transition policies and debt relief solutions. The call comes in response to President Biden’s January 27th Executive Order on Tackling the Climate Crisis at Home and Abroad, which instructs Treasury to “develop a strategy for how the voice and vote of the United States can be used in international financial institutions, including […] ....