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The Eu Wants the World Development Banks to Rise to Climate, Despite the Us Opposition

Summary by Mediafax
Mediafax International Monetary Fund and the World Bank Group are preparing for annual meetings from Washington, on the basis of the reduction of aid and specticism of US President Donald Trump in the face of climate change. In April, US Secretary of Treasury Scott Bessent stated that institutions should refocus on their main mandates and that they spend too much time and resources on such topics as climate change.
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Mediafax International Monetary Fund and the World Bank Group are preparing for annual meetings from Washington, on the basis of the reduction of aid and specticism of US President Donald Trump in the face of climate change. In April, US Secretary of Treasury Scott Bessent stated that institutions should refocus on their main mandates and that they spend too much time and resources on such topics as climate change.

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Mediafax broke the news in on Tuesday, October 7, 2025.
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