11:00—12:00 PM Eastern Time (US & Canada)/ 3:00 - 4:00 PM Greenwich Mean Time (GMT)/ 4:00 - 5:00pm British Summer Time (BST)

Global Challenges and the World Bank: Getting Down to Details


  • Svenja Schulze, Federal Minister for Economic Cooperation and Development, Germany


  • Alexia Latortue, Assistant Secretary for International Trade and Development, US Department of the Treasury
  • Mónica Medina, Executive Director, World Bank Group
  • Ed Mountfield, Vice President, Operations Policy and Country Services, World Bank
  • Jürgen Zattler, Director General, German Ministry for Economic Cooperation and Development


  • Amanda Glassman, Executive Vice President and Senior Fellow, Center for Global Development

The COVID-19 pandemic, the escalating climate and biodiversity crisis, and rising food insecurity have demonstrated the critical role the World Bank plays in protecting global public goods and responding to global challenges. In October 2021, CGD co-hosted an official side event on the role of the World Bank in this space, evidencing substantial consensus for an update and revisit of the Bank’s efforts.

This year, we reflect on what has changed, and what several of the World Bank’s largest shareholders still want to see from Bank leadership, focusing on the institutional, operational, and financial reforms needed to deliver on the agenda. What global public goods should the Bank focus on? How should the global agenda fit inside and outside the country engagement model? How to assign subsidies for global challenges while avoiding a crowd out of funding for the poorest countries and IDA? How to systematize the use of concessionality across different uses and countries? Join CGD for a timely discussion with shareholders on how the World Bank can better respond to global challenges.

If you have questions for our panelists, please submit your comments via YouTube or tweet @CGDev #CGDTalks

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