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United States — Presidency of Donald Trump & Scott Bessent

1 shared events · Importance 3 · Last updated Jun 30, 2026

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International
United States — Presidency of Donald Trump: The United States — Presidency of Donald Trump exerted significant pressure on the World Bank Group to abandon its climate lending targets, advocating for a return to core development and financial stability missions. This administration's stance directly influenced the World Bank Group's policy shift.
Scott Bessent: Scott Bessent, the US Treasury Secretary, ordered the World Bank Group and the International Monetary Fund to refocus on their core missions, criticizing the bank's 'myopic' focus on climate financing targets, which contributed to the policy change.
Jun 29, 2026 · 6 articles
NEWSDESK
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