WASHINGTON—World Bank Group President Jim Yong Kim unexpectedly resigned Jan. 7, more than three years before his term ends in 2022, amid differences with the Trump administration over climate change and the need for more development resources.
Kim, nominated by former President Barack Obama for two five-year terms, had pushed financing for green energy projects and largely dropped support for coal power investments, but had avoided public clashes with the Trump administration, which has made reviving the U.S. coal sector a priority.
