With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.

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.

The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance and help countries share and apply innovative knowledge and solutions to tackle today’s intertwined development challenges.

The Bank’s first loan was to France and loans to other European countries followed. But when the 1947 Marshall Plan took over post-war reconstruction efforts in Europe, the Bank quickly shifted to funding infrastructure projects around the world in sectors such …

The World Bank Group’s Country Climate and Development Report proposes ways Vietnam can boost its resilience to climate change and accelerate its transition to a low carbon economy, while achieving its development ...

For more than five decades, the World Bank’s premier annual publication on debt, now titled the International Debt Report (IDR), along with the associated International Debt Statistics (IDS) database, have helped shape policies in development finance by sharing timely and comprehensive external debt data and analysis with the international community.

Oct 23, 2024 · The World Bank has an active portfolio worth US$2.7 billion, which includes 14 investment projects and three development policy operations (US$2 billion) that support policies for a greener and more resilient and inclusive economic recovery, enhance climate change adaptation, and support the transition to a greener economy in specific sectors.

Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest International Debt Report shows. Interest payments surged by nearly a third to $406 billion, squeezing the budgets of many countries in critical areas such as health, education, and ...

Jun 3, 2024 · The World Development Indicators is a compilation of relevant, high-quality, and internationally comparable statistics about global development and the fight against poverty. The database contains 1,400 time series indicators for 217 economies and more than 40 country groups, with data for many indicators going back more than 50 years.

The document outlines the World Bank’s financial and analytical support to the government for the next five years in support of the National Development Strategy. The CPF supports three high-level objectives helping accelerate the country’s transition to an …