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 1. 
 2. Who We Are


WHO WE ARE

We exist to create a world free of poverty on a livable planet.



Our mission is to end extreme poverty and boost shared prosperity on a livable
planet. This is threatened by multiple, intertwined crises. Time is of the
essence.

We are writing a new playbook to drive impactful development that is:

 * Inclusive of everyone, including women and young people.
 * Resilient to shocks, including against climate and biodiversity crises,
   pandemics and fragility.
 * Sustainable, through growth and job creation, human development, fiscal and
   debt management, food security and access to clean air, water, and affordable
   energy.

To achieve this, we will work with all clients as one World Bank Group, in close
partnership with other multilateral institutions, the private sector, and civil
society.


FIVE INSTITUTIONS
ONE WORLD BANK GROUP

Working together to reduce poverty and promote sustainable development with
knowledge, financing, and expertise.

IBRD




International Bank for Reconstruction and Development

Provides financial products and policy advice to help middle-income and
creditworthy low-income countries reduce poverty and respond to regional and
global challenges.

Learn More

IDA




International Development Association

Offers grants and low-interest loans help low-income countries invest in their
futures, improve lives, and create safer, more prosperous communities around the
world.

Learn More

IFC




International Finance Corporation

Advances economic development and improves the lives of people by encouraging
the growth of the private sector in developing countries.

Learn More

MIGA




Multilateral Investment Guarantee Agency

Provides political risk insurance (guarantees) for projects in a broad range of
sectors in developing member countries, covering all regions of the world.

Learn More

ICSID




International Centre for Settlement of Investment Disputes

The world’s leading institution devoted to international investment dispute
settlement.

Learn More


MEASURING OUR IMPACT AND PROGRESS

We’re transforming how we evaluate our progress toward a world free of poverty
on a livable planet.

See the Scorecard

Protection for the Poorest

221.8 million

people directly benefited from social safety net operations

Green and Blue Planet & Resilient Populations

123.2 million

people supported with enhanced resilience to climate risks

Connected Communities

142.4 million

people benefited from improved access to transportation

our priorities

Tackling Complex, Intertwined CHALLENGES with knowledge, experience, and
innovation

See all Topics
People

Promote global health, inclusive education, and social protection.

 * Education
 * Social Protection
 * Health


Prosperity

Invest in projects, policies, governance, and systems that create opportunity
and prosperity.

 * Economic Policies
 * Institutions
 * Finance, Competition & Investment
 * Poverty


Planet

Provide sustainable food systems, water, and economies for healthy people and a
healthy planet.

 * Agriculture
 * Inclusion
 * Climate
 * Water
 * Environment


Infrastructure

Develop safe and sustainable energy, transportation, and urban mobility.

 * Energy & Extractives
 * Transport
 * Sustainable Infrastructure Finance
 * Urban Development


Digital

Accelerate digital access to create economic opportunity and to transform lives.

 * Digital Transformation


Cross Cutting Areas

Issues affecting all areas of development.

 * Gender
 * Fragility, Conflict & Violence



Leadership

“Business as usual is not going to change the world for our grandchildren.”

Meet Our Leadership Team

Ajay Banga, President, World Bank Group and Dr. Akinwumi A. Adesina, President,
African Development Bank Group.

Partner for People and the Planet



The world's challenges are increasingly complex. Solving them requires strong
global partnerships with governments, communities, NGOs, and businesses.

About Partnerships

Accountable to ourselves and the people we serve



Trust is crucial to our work. We strive to be open, transparent, and
participatory.

Scorecard

Inspection Panel

Compliance Advisory Ombudsman

Accountability Mechanism

Open Data AS AN ESSENTIAL public GOOD



Our data initiatives inform and empower citizens, researchers, and changemakers
around the world.

Explore the Data

HISTORY

80 Years of Change 
1944 to 2024

Explore Our History

 * U.S. Treasury Secretary and Bretton Woods Conference President Henry
   Morgenthau Jr. speaks to delegates at the Bretton Woods Conference in July
   1944. This conference resulted in the formation of the International Monetary
   Fund (IMF) and the International Bank for Reconstruction and Development
   (World Bank).

 * Construction in 1965 of a new railway line running from Sarajevo to Ploče in
   Yugoslavia with financial assistance from the World Bank. When the Marshall
   Plan took over post-war reconstruction efforts in Europe, the World Bank
   quickly shifted to funding infrastructure projects around the world.

 * Construction of a reservoir in São Paulo, Brazil, in 1973, with World Bank
   funding, aimed to improve water supply and sewerage services in and around
   the city. This was the first comprehensive action taken to restore ecological
   balance in the rivers and part of the Bank’s first loan for environmental
   projects.

 * A student in the Vocational Training Institution in Pusan, Korea, in 1980.
   The World Bank approved a loan of $23 million to Korea to finance a
   vocational training project designed to support the country’s continuing
   manpower development program.

 * A local women’s group in Kenya, 2008. In collaboration with the United
   Nations’ Millennium Development Goals and the Sustainable Development Goals,
   the World Bank entered the new century emphasizing community-driven
   development, aid coordination, safeguarding vulnerable groups, and addressing
   climate change.





2024 Annual Report

A Better Bank
for a Better World

View the 2024 Annual Report


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