On behalf of the Parliamentary Network, I want to thank President Malpass for his service as President of the World Bank. Under his leadership the Bank stepped up record levels of support to vulnerable countries dealing with Covid aftershocks, provided robust assistance to Ukraine and Afghanistan and pioneered new tools to tackle climate change like the Country Climate Diagnostic Reports.

It’s now vital that the Bank appoints a new leader who shares our determination to transform the Bank’s mission, model and money and truly provides the global leadership now needed to tackle climate change and extreme poverty to secure a new prosperity that’s fairly shared.

This is a moment of history for the Bank and the international finance community. The crisis of food, fragility and finance deepens every day as our planet bakes and extreme weather destroys lives and livelihoods. As Parliamentarians around the world we insist we cannot and must not fail to meet the moment.

Rt Hon Liam Byrne MP, Chair of the Parliamentary
Network on the World Bank and IMF