Iohannis met with the President of the World Bank Group, David R. Malpass


During the discussions, President Klaus Iohannis reiterated Romania’s appreciation for the assistance programs carried out by the World Bank in our country, especially for those aimed at promoting reforms aimed at responding to current challenges, including those in the field of energy, climate change or education . President Klaus Iohannis highlighted that the war on Romania’s borders, triggered by Russia’s unprovoked military aggression against Ukraine, brought to the fore the urgency of finding solutions that, on the one hand, would ensure sufficient energy resources and access to them, and , on the other hand, affordable prices for consumers. The President of Romania indicated that conducting studies carried out by the World Bank regarding the decoupling of electricity and gas prices would be useful in making decisions in this regard.

President Klaus Iohannis showed that Romania was already involved, even before the outbreak of the war in Ukraine, in the development of a number of major projects aimed at diversifying energy sources, such as those aimed at investments in the Cernavodă nuclear power plant and in the field of small modular reactors (SMR ). The completion of these projects will make an important contribution to the energy security of our country and the entire region.

The President appreciated the commitment of the World Bank Group in Romania on issues related to sustainability and climate, our country being chosen to be the first country in the European Union to benefit from a recently launched World Bank instrument – the Country Report in the field of climate change and development (The Country Climate and Development Report/CCDR), which will help to identify opportunities for the implementation of climate actions by the public and private sector, so that Romania’s development objectives can be achieved in the context of climate change mitigation and adaptation.

The involvement of the World Bank in ensuring food security, as well as in Ukraine’s support efforts, including the reconstruction process, were also addressed.

The meeting in New York follows the dialogue that the two leaders held in Bucharest on April 13, 2022, on the occasion of the reception by the President of Romania of the President of the World Bank Group at the Cotroceni Palace.

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