The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not just a bank but unique partnership to reduce poverty and support development throughout.
The World Bank Group has set two goals for the world to achieve by 2030:
- End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%
- Promote shared prosperity by fostering the income growth of the bottom 40% for every country.
The Bank provides support to developing countries through policy advice, research and analysis, and technical assistance. Its analytical work often underpins World Bank financing and helps inform developing countries’ own investments. In addition, it supports capacity development in the countries it serves. The World Bank team also sponsors, hosts, or participate in many conferences and forums on issues of development, often in collaboration with partners.
Focus Areas: Agriculture, Biodiversity, Climate Change, Climate Finance, Community Development, Disability, Disaster Risk Management, Early Childhood Development, Ebola Response, Education, Education and, Technology, Energy, Environment, Evidence, Based Public Policy, Extractive Industries, Financial Crisis, Financial Inclusion, Financial Market Integrity, Financial Sector, Food Security, Forests, Fragility, Conflict and Violence, Gender, Global Economy, Governance, Health, HIV and AIDS, Hydropower, Indigenous Peoples, Inequality and Shared Prosperity, Information and, Communication Technologies, Innovations in Development, Irrigation and Drainage, Investment Climate, Jobs and Poverty, Jobs and Development, Labor Markets, Law, Justice and Development, Macroeconomics & Fiscal Management, Measuring Poverty, Migration and Remittances, Millennium Development Goals, Nutrition, Open Development, Pandemics, Payment Systems & Remittances, Pensions, Poverty, Primary and Secondary Education, Public-Private Partnerships, Reproductive, Maternal, and Child Health, Safety Nets, Sanitation, Shocks and Vulnerabilities, Social Development, Social Protection and Labor, Sustainable Development, Trade, Transport, Universal Health Coverage, Urban Development, Water, Water Resources Management, Water Supply.
Organizations with World Bank
The World Bank Group consists of five organizations:
- The International Bank for Reconstruction and Development
- The International Development Association
- The International Finance Corporation
- The Multilateral Investment Guarantee Agency
- The International Centre for Settlement of Investment Disputes