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Ed Miliband named UK World Bank governor, vows climate focus

7/26/2026

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Summary

Story summary

Ed Miliband, the UK foreign secretary, will take the governor seat on the World Bank board.
The UK, one of six nations with a board seat, will push climate priorities at the Bank.
UK aid fell to 0.3% of GNI and finance dropped to £2 billion a year from £11.6 billion (2021-2026).
Climate envoy Rachel Kyte warned that a Hormuz Strait blockage and an El Niño could trigger an energy and food crisis.

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Story summary

Ed Miliband, the UK foreign secretary, will take the governor seat on the World Bank board.
The UK, one of six nations with a board seat, will push climate priorities at the Bank.
UK aid fell to 0.3% of GNI and finance dropped to £2 billion a year from £11.6 billion (2021-2026).
Climate envoy Rachel Kyte warned that a Hormuz Strait blockage and an El Niño could trigger an energy and food crisis.