World Bank chief warns: new pandemic is inevitable and we need to be prepared

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Ajay Banga, renowned Indian leader who is currently at the forefront of world Bank, made the appeal during his visit to a Skill India Mission center in Dwarka, New Delhi.

He highlighted the urgent need to learn from the mistakes of the Covid-19 pandemic, warning that another global health crisis is not a mere remote possibility, but rather an inevitable event in the future of humanity.

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Banga expressed concern about the significant losses in education caused by the pandemic, emphasizing that the interruption in schooling left a deep mark on this generation of children and teenagers.

The World Bank's 2021 report had already predicted massive financial losses, estimated at almost US$ 17 trillion, that would affect the lives of students.

This statistic underscores the urgency of finding solutions to reduce the negative impacts of the pandemic on education and prepare for similar crises.

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“We cannot ignore the possibility of another devastating pandemic. Correcting mistakes and learning from Covid-19 is essential to prepare for the inevitable,” Banga said during his press briefing.

Other horizons

In addition to addressing the educational crisis, he also pointed to the importance of climate finance and advocated a substantial investment of one trillion dollars annually in renewable energy ecosystems around the world.

To achieve this ambitious goal, the Indian leader encouraged the active participation of the private sector, in addition to government, philanthropic and multilateral bank support.

While addressing global challenges such as climate change, conflict and the need to improve health care, World Bank President urged the international community to optimize the use of existing resources and hold the richest nations accountable for their financial contributions and ambitions future.

World Bank President Ajay Banga. (Image: Getty Images/Reproduction)

The president of the World Bank also played an important role in the G20 meeting with finance ministers and central bank governors. During the meeting, he likely discussed crucial economic and financial issues with other global leaders.

Ajay Banga's words of warning and call to action make clear the importance of collaboration between governments, organizations and individuals to seek effective solutions.

Finally, the leader's warnings made it clear that it is essential to learn from recent experience and invest in sustainable strategies to face any future crisis with resilience.

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