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Zoellick strong on climate change but skates past governance at CGD conference

October 22, 2007

World Bank president Robert Zoellick, speaking at a CGD conference on the future of the bank, said that it will help developing nations to get their voices heard in the debate over what to do about climate change. He did not discuss a key issue on the conference agenda: reforming bank governance to give developing countries greater say. Ngaire Woods, a lecturer at Oxford University and author of a recent book on the bank and the IMF, earlier told the conference that the bank should not continue to operate as if the United States and its European allies still controlled the world, as they did after World War II. "The World Bank needs globalizing," she said.