David Malpass has stepped down as president of the World Bank, with a year still left before the end of his five-year term. Appointed by US president Donald Trump in 2019, Malpass, an economic analyst, resigned months after he faced criticism for being a climate- change denier. In September, during an interview, he had dithered and declined to agree that fossil fuel consumption is warming the planet. Malpass later acknowledged manmade climate change and improved climate financing at the World Bank, doubling its climate commitments to $32 billion. In his resignation statement, Malpass said he quit early to “pursue new…