Read more at: Succession for World Bank President
Succession for World Bank President
February 2019: Traditionally, the President of the United States nominates the president of the World bank. The president of the World Bank exerts considerable influence over the institution’s lending policies, project focus, level of transparency, and accountability. There are growing concerns about the new president potentially reverting the organisation’s focus on combatting climate change and introducing an inclusive lending policy for fossil fuel energy projects.