Tag: Jim Yong Kim

World Bank president resigns amid conflict with Trump administration

World Bank president resigns amid conflict with Trump administration

World Bank Group President Jim Yong Kim has unexpectedly resigned from his position amid differences of opinion with the Trump administration over climate change. Appointed for two five-year terms by President Barrack Obama, Kim has pushed forward green financing projects and has dropped funding for coal power projects. Meanwhile, US […]

Questions raised over conflict between US and World Bank

Questions raised over conflict between US and World Bank

With two divided approaches to investment in fossil fuels, increasing numbers of calls have arisen for the US to cut funding to the World Bank, which uses its funds to contradict the vision of today‚Äôs America. World Bank chief Jim Yong Kim has announced he plans to cut support for […]