Who We Are | The World Bank Group Home https://www.worldbank.org/ext/en/home Who We Are https://www.worldbank.org/ext/en/who-we-are Who We Are We exist to create a world free of poverty on a livable planet. false lp-heading-top-xxlarge lp-heading-bottom-xlarge Portrait of a World Bank beneficiary sec-spacing section-none sec-spacing-bottom section-none style bg-default, bg-image, border-radius-medium col-xs-12 col-sm-12 col-md-5 col-lg-5 one-column 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. col-xs-12 col-sm-12 col-md-7 col-lg-7 two-column 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. sec-spacing section-xxlarge sec-spacing-bottom section-huge sec-swoosh sec-swoosh-none style bg-default, custom-text-medium, who-we-are-intro-section FIVE ORGANIZATIONS ONE WORLD BANK GROUP Working together to reduce poverty and promote sustainable development with knowledge, financing, and expertise. sec-spacing section-xhuge sec-spacing-bottom section-xhuge sec-swoosh sec-swoosh-none style bg-primary-blue-90, two-col-variation-30-70 sec-inside-container false 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 sec-spacing section-none sec-spacing-bottom section-none style bg-primary-blue-90 Measuring our impact and Progress We’re transforming how we evaluate our progress toward a world free of poverty on a livable planet. Set the Scorecard https://scorecard.worldbank.org/en/scorecard/home sec-spacing section-xhuge sec-spacing-bottom section-none sec-swoosh sec-swoosh-none style bg-default protectionForThePoorest-people 221.8 million people directly benefited from social safety net operations https://scorecard.worldbank.org/en/scorecard/protection-for-the-poorest false people greenNBluePlanetNResilientPopulations-planet 123.2 million people supported with enhanced resilience to climate risks https://scorecard.worldbank.org/en/scorecard/green-and-blue-planet-and-resilient-populations false planet connectedCommunities-infrastructure 142.4 million people benefited from improved access to transportation https://scorecard.worldbank.org/en/scorecard/connected-communities false infrastructure sec-spacing section-none sec-spacing-bottom section-xhuge style default col-xs-12 col-sm-6 col-md-4 col-lg-4 Leadership “Business as usual is not going to change the world for our grandchildren.” Meet Our Leadership Team https://www.worldbank.org/ext/en/who-we-are/leadership col-xs-1 col-sm-1 col-md-1 col-lg-1 col-xs-12 col-sm-6 col-md-7 col-lg-7 Default alt sec-spacing section-none sec-spacing-bottom section-padding-between style default, heading-vertical, border-radius-medium, grid-column-center, image-3by2 col-xs-12 col-sm-12 col-md-4 col-lg-4 PARTNER FOR PEOPLE AND THE PLANET Default alt The world's challenges are increasingly complex. Solving them requires strong global partnerships with governments, communities, NGOs, and businesses. About Partnerships col-xs-12 col-sm-12 col-md-4 col-lg-4 ACCOUNTABLE TO OURSELVES AND THE PEOPLE WE SERVE Default alt Trust is crucial to our work. We strive to be open, transparent, and participatory. Scorecard Inspection Panel Compliance Advisory Ombudsman Accountability Mechanism col-xs-12 col-sm-12 col-md-4 col-lg-4 PARTNER FOR PEOPLE AND THE PLANET Default alt Our data initiatives inform and empower citizens, researchers, and changemakers around the world. Explore the Data sec-spacing section-xhuge sec-spacing-bottom section-none style bg-primary-blue-90, primary-three-column-card, border-radius-medium, image-3by2 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. sec-spacing section-padding-between sec-spacing-bottom section-padding-between style default sec-width false col-xs-12 col-sm-6 col-md-7 col-lg-7 Default alt col-xs-1 col-sm-1 col-md-1 col-lg-1 col-xs-12 col-sm-6 col-md-4 col-lg-4 2025 Annual Report Creating Jobs, Growing Economies View the 2025 Annual Report https://www.worldbank.org/en/about/annual-report sec-spacing section-none sec-spacing-bottom section-padding-between style default, heading-vertical, border-radius-medium, grid-column-center, grid-reverse-m