Summary: | These are the remarks delivered by World Bank Group President David Malpass at the 2022 Annual Meetings Plenary on October 14, 2022. He spoke about the following: (i) update on the Bank Group's financial results and a few of the immense challenges during COVID-19;(ii) emergency financing for Ukraine; (iii) capital Increases of IBRD and IFC; (iv) the IDA20 replenishment; (v) the Bank has established a new Financial Intermediary Fund (FIF) for Pandemic Prevention, Preparedness, and Response (PPR); (vi) Global Alliance for Food Security with the German G7 Presidency; (vii) SCALE, a new umbrella trust fund for the Bank's results-based climate activities; (viii) publishing Bank's Country Climate and Development reports, or CCDRs; and (ix) continue to work toward broad-based growth that reduces poverty and lifts all countries and all people
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