World Bank Weekly Update: ➡️#IDA21 for Africa Heads of State Summit ➡️The World Cannot Afford to Ignore the Poorest Countries ➡️IDA Voices From Around the World ➡️New Commodity Markets Outlook ➡️2024 #WBGMeetings: Vision to Impact
The World Bank
International Trade and Development
Washington, DC 2,206,212 followers
About us
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world without poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
- Website
- http://www.worldbank.org
External link for The World Bank
- Industry
- International Trade and Development
- Company size
- 10,001+ employees
- Headquarters
- Washington, DC
- Type
- Nonprofit
- Specialties
- Global Development Finance/Lending, Development Knowledge, Advisory Services, and Capacity Building, Economic Research and Development Data, and Global Partnerships and Multilateral Engagement
Locations
- Primary
Get directions
1818 H Street, NW
Washington, DC 20433, US
Employees at The World Bank
-
Ton Zijlstra
Independent consultant on open gov, open data, distributed digital transformation, networked agency, ethics by design & as a practice. Available for…
-
Lisa Kopp
Marketing and Branding Specialist | Strategic Communications | Executive Communications
-
Susan Lindner
2022 Women To Watch in Innovation | Global Keynote Speaker | Host, "The Innovation Storytellers Show"| We help innovation leaders become amazing…
-
Yvon-Didier Dody Miehakanda
Senior Digital Economy/ Project Management & Evaluation/ Operations
Updates
-
IDA countries face a critical need for investments—up to 10% of GDP—to bridge development gaps and bolster climate resilience amidst economic losses from natural disasters. Discover how they can swing the momentum back to progress ➡️http://wrld.bg/Npnq50Rnuzt
-
If the Middle East conflict escalates, oil supply disruptions could spike global inflation. A severe disruption could push prices above $100/barrel, boosting 2024 inflation by nearly 1%. Read the #CMO2024 ➡️ https://lnkd.in/eibwM6Z3
-
The World Bank reposted this
Managing Director at IFC - International Finance Corporation
I am very happy to share insights from my recent op-ed in the Financial Times. Emerging markets have often been viewed as risky, but new data from the Global Emerging Markets Risk Database Consortium paints a different picture. With comparable default rates and superior recovery rates, investing in emerging markets offers resilience and potential. The statistics, spanning 30 years of lending, show that the risks in emerging markets compare favorably with other asset classes. Additionally, the portfolio diversification they offer proves beneficial during global stress periods. As a co-founder and major contributor to GEMs, IFC is committed to providing crucial data to help investors make informed decisions about emerging markets. Reallocating just 1% of global assets each year could significantly impact growth and development in these countries. Read more: http://wrld.bg/PWRb50Ro0tq The World Bank IFC - International Finance Corporation
Better risk data should boost confidence in emerging markets
ft.com
-
A robust #IDA21 can support transformational development objectives across Africa. 📅April 28-29 | Watch the IDA for Africa Heads of State Summit and learn how #IDAworks to invest in the future of people and planet. https://lnkd.in/gnJWaAF6 ---- • Ajay Banga, President, World Bank Group • William Ruto, President of Kenya • Njuguna S. Ndungu, Cabinet Secretary, National Treasury & Economic Planning, Kenya • Hugh Evans, CEO, Global Citizen • Nir Bar Dea, CEO, Bridgewater • Ndidi Okonkwo Nwuneli, President & CEO, The ONE Campaign • Moderator: Yvonne Ndege, Former International TV Correspondent and UN Spokesperson
-
Electricity access is a human right and crucial for development. The World Bank Group and African Development Bank Group aim to give power to 300M Africans by 2030. Watch the #WBGMeetings event replay to learn more: http://wrld.bg/WOzB50RkxRj ----- Kevin KARIUKI International Monetary Fund Mohammed Amin Adam, PhD. Folake Soetan Ikeja Electric Hans Olav Kvalvaag Hassanein Hiridjee Axian Group Sun King
-
Plastic waste has become an omnipresent threat - with public health, livelihoods, and the environment all suffering 🌏🌊 A The World Bank program aims to reduce plastic consumption, increase recycling, and support blue economies: http://wrld.bg/Ox7I50RlsA0 #BeatPlasticPollution #EarthDay
Unpacking the Plastics Challenge: Using Knowledge, Policies, and Innovation to Improve Lives
worldbank.org
-
2024 #WBGMeetings highlights: ➡️Energy access for 300M Africans with African Development Bank Group ➡️Expanded health services for 1.5B by 2030 ➡️ $11B pledged by 11 countries for development ➡️New Collaborative Co-Financing Platform ➡️Spring Meetings Digital Zone ➡️Becoming a Better Bank ➡️The Great Reversal: New Report on IDA Countries
2024 Spring Meetings highlights
The World Bank on LinkedIn
-
Providing a basic standard of care for people throughout their lives is critical for development. The World Bank Group to expand health services to 1.5 billion people by 2030. Watch the event replay to learn more: http://wrld.bg/LyvH50Rksuz #WBGMeetings Tedros Adhanom Ghebreyesus World Health Organization RESULTS and RESULTS Educational Fund Senait Fisseha, MD., JD Lamia Tazi Sothema Tjedu Moyo