The World Bank and its defunct energy policy

Nomination of David Malpass by the Trump administration to head the World Bank represents a chance for the lender to go back to its original charter

The shock resignation of World Bank President Dr Jim Yong Kim, announced in early January, more than three years before his term would have ended, and the nomination of David Malpass, one of the institution’s sharpest critics in the current US administration, has been seen as yet another disruptive change to the global order under President Trump’s watch.

While disruptive change has become a regular affair under this most impetuous of US presidents, the changing of the guard at the World Bank is potentially of great consequence to the world’s poor. That is, assuming the Malpass nomination is not seriously challenged by the EU which