World Bank Group President Ajay Banga has hailed China’s transformative role in tackling climate change and driving sustainable development, calling it a model for the Global South. In an exclusive interview with CMG’s Zou Yun during the China Development Forum, Banga highlighted the country’s journey from relying on international grants to becoming a key donor and knowledge exporter.
A Journey of Growth 🌱
Banga, who recently visited rural communities in Hebei Province, emphasized China’s strides in balancing economic growth with environmental action. ✨ “China used to pull from the World Bank’s knowledge bank—now it’s feeding it,” he said, referencing the country’s innovative approaches to rural revitalization and green tech.
Lessons for the World 📚
From solar farms to smart agriculture, China’s climate strategies are now being adapted in developing nations. 🌾 Banga stressed that collaboration is key: “No single country can fix climate change alone. China’s experience in lifting millions out of poverty while cutting emissions offers critical insights.”
What’s Next? 🚀
With the World Bank aiming to expand its climate funding, Banga sees China as pivotal in shaping greener policies and financing mechanisms. 🌏 “The goal isn’t just growth—it’s growth that lifts everyone,” he added, pointing to upcoming partnerships in renewable energy and carbon-neutral infrastructure.
