October 17, 2021 2:18 PM

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FM Nirmala Sitharaman and World Bank Prez David Malpass emphasize need to scale up climate financing for impactful projects

<span style="color: #000000;">World Bank President David Malpass met Finance Minister Nirmala Sitharaman in Washington and discussed India's efforts on climate change action.<br />''<br />''In a statement, the World Bank said that they emphasised the need for scaling up climate finance for impactful projects in line with Nationally Determined Contributions and development goals.<br />''<br />''Malpass also reaffirmed the international financial institution's strong commitment to India across all World Bank Group entities, including the International Finance Corporation and the Multilateral Investment Guarantee Agency.<br />''<br />''The World Bank statement added that President Malpass congratulated Minister Sitharaman on India's COVID-19 vaccination campaign and thanked India for its international role in vaccine production and distribution.</span><br />

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