World bank group wbg Through its contributions to the WBG institutions and various funding programs, Saudi Arabia supports the WBG’s efforts of ending extreme poverty and Aug 8, 2024 · The World Bank Group (WBG) is one of the most significant financial institutions globally. Mar 10, 2025 · Deadline: April 15, 2025 Applications for delegates to the World Bank Group (WBG) Youth Summit 2025 are now open. As a vendor you need to understand the policies and procedures that you must adhere to in order to do business with us. With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions. Update 2025: The World Bank Group Climate Change Action Plan (CCAP) has been extended until June 30, 2026, with no other changes. Participant Guide WELCOME The 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in person from Monday, October 21, through Saturday, October 26, 2024, in the IMF and World Bank Group headquarters, in Washington, DC. The World Bank Group’s Technology & Innovation Lab serves as a knowledge and advisory hub around emerging technologies. This document presents three different views of the WBG scorecard: 1. If this appointment requires Employment Screening you will receive an email from the WBG . The WBG Gender Strategy 2024-30 puts forward the bold ambition to accelerate gender equality to end poverty on a livable planet in alignment with the World Bank Group Evolution Roadmap. This article aims to study in detail the World Bank Group (WBG), its objectives, functions, governance structure, and reforms needed in the same. In the Action Plan The Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations. The World Bank Group (WBG) comprises five institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank Group's recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations. Its operations span a wide array of sectors, including education, The World Bank Group (WBG) has set two ambitious goals to push extreme poverty to no more 3 percent by 2030 and to promote shared prosperity and greater equity in the developing world. Feb 17, 2009 · World Bank Group Sanctions Documents WBG Policy: Sanctions for Fraud and Corruption (issued June 13, 2016) This Policy mandates an administrative system for adjudicating allegations of fraud and corruption in connection with World Bank financing or guarantee operations and imposing sanctions therefor; and identifies practices subject to sanction and possible forms of sanctions. Other seminars, workshops, and symposia featuring a wide-range of topics. Established in 1944, the WBG aims to reduce poverty and promote sustainable economic growth. in an area relevant to the World Bank’s work. The Office of the Executive Director (EDS13) represents 23 African countries at the Board of the World Bank Group (WBG). With the support of a dedicated Secretariat, the Sanctions Board functions as the second tier of the WBG sanctions Oct 25, 2024 · The World Bank Group’s journey to become a better, bigger, and more effective Bank has advanced at a rapid pace. The Civil Society Policy Forum (CSPF), providing an open opportunity for Civil Society Organizations (CSOs) to dialogue and exchange views with the WBG and IMF staff, their peers, government delegations, and other stakeholders. To this end, the WBG is launching a Fellows Program to identify, grow and develop professionals from the Middle East and North Africa Region (MNA). Through this program, the World Bank Group (WBG) is aiming to bring the fresh perspective of recently graduated candidates. Mar 17, 2025 · This checklist summarizes the important tasks that new staff must complete when they join the World Bank Group on a short-term consultant/short-term temporary (STC/STT) appointment in a country office (CO). Jul 1, 2024 · The platform, housed at the Multilateral Investment Guarantee Agency (MIGA), brings together products and experts from the World Bank, International Finance Corporation (IFC), and MIGA for simplicity, efficiency, and speed. Registration is open and available for all categories of participants (Delegates, Observers, Guests, Civil Society Organizations, Press). Aug 8, 2025 · What is the World Bank Group? With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions (IBRD, IDA, IFC, MIGA, and ICSID) working to create a world free of poverty on a livable planet. C. Analyze and share data from all WBG entities. ibrd ida ifc miga icsid © 2025 World Bank Group, All Rights Reserved. The collaboration will provide critical support for countries’ climate At the 2022 Annual Meetings, shareholders called on the World Bank Group (WBG) to develop a roadmap of engagements with the Board of Executive Directors to respond to the challenges of poverty reduction, shared prosperity, and global challenges. It provides financial and technical assistance to developing countries in support of its mission to eradicate extreme poverty and boost prosperity on a livable planet. World Bank Group Africa Fellowship Program The application period for the 2026 WBG Africa Fellowship Program is now over. The World Bank Group (WBG) plays a key role in the global effort to end extreme poverty and boost shared prosperity. Apr 16, 2023 · This year’s Spring Meetings of the World Bank Group and International Monetary Fund took place at a time of overlapping global crises. [7] The bank is headquartered in Washington, D. INT supports the main business units of the Bank and Explore World Bank Group's (WBG) public financial data with Finances One! Gain access to comprehensive information on financial results, procurement, lending, and more - all in one platform. Please determine your registration Congratulations on your appointment with the World Bank Group (WBG)! As a new staff member, you are now part of a distinguished network that includes the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for Settlement of Investment World Bank Group (WBG) Guidelines/Criteria for Selection of Emission Reduction Offsets The World Bank Group purchases and retires carbon offsets to achieve carbon neutrality for its Scope 1, Scope 2 and a portion of its Scope 3 greenhouse gas emissions (for more information about WBG’s boundaries and methodologies, see the Inventory Management plan here: https://documentsinternal. All participants must be accredited in advance of the Meetings. The World Bank Group Analyst Program is a new and unique opportunity for exceptionally talented young people with a passion for international development to contribute to solving some of the world's most pressing problems. Feb 28, 2025 · Registration for the 2025 Spring Meetings is now OPEN. The last time the Annual Meetings were held in Bangkok was in 1991. Apr 19, 2023 · The 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in Bangkok, Thailand, in October 2026, as decided in a vote by the Boards of Governors of the two institutions. The war in Ukraine has compounded concerns about inflation, COVID-19, climate change, Aug 8, 2025 · Welcome to the World Bank Research Guide (WB Infoguide)! Here you will find trusted public sources of economic development information from the Bank Group’s many websites. Overview of the Executive Director's Office EDS22The Kingdom of Saudi Arabia has played an important role in the World Bank Group (WBG) since it joined the International Bank for Reconstruction and Development (IBRD) on August 26, 1957. The World Bank has been a strong partner with Saudi Arabia for over 50 years. ABOUT THE WBG AFRICA FELLOWSHIP PROGRAM The program targets young talented African nationals who are completing or have recently completed their Ph. In this regard, it has developed a Climate Change Action Plan to integrate climate into all its work and better help countries achieve their Nationally Determined Contributions (NDCs). In alignment with the WBG’s decentralization approach, the Summit will honor local ownership, local knowledge, and local solutions It will be impossible to achieve the World Bank’s twin goals or to meet the Sustainable Development Goals without tackling fragility, conflict, and violence. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. Dec 11, 2024 · The China-World Bank Group Partnership Facility (CWPF), established in July 2015, is a partnership between the People’s Republic of China’s Ministry of Finance (MOF) and the World Bank Group (WBG). The WBG Oct 31, 2025 · Explore World Bank Group's (WBG) public financial data with Finances One! Gain access to comprehensive information on financial results, procurement, lending, and more - all in one platform. The 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place from April 21 to 26, in Washington, D. Explore how the World Bank Group advances global development with financial solutions, technical expertise, and resources supporting health, education, infrastructure, and sustainable growth worldwide. The Annual Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) bring together central bankers, ministers of finance and development, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development The World Bank Group Sanctions Board, composed of seven (7) external judges, is an independent administrative tribunal that serves as the final decision-maker in all contested cases of sanctionable misconduct in development projects financed by the World Bank Group. worldbank Latest news and information from the World Bank and its development work in Egypt. That progress—and a new focus and ambition on jobs—was on full display at the Annual Meetings. svg Download Use this file Use this file Email a link Information Sign up or sign in The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. The government in Saudi Arabia has been utilizing the Bank’s global knowledge and development experience through technical assistance programs. WBG: World Bank Group souvenirs, logoed items, and sundries are available in the Spring Meetings Store outside the MC Café Nation located on level C1. This message was echoed at COP27, with calls for loss-and-damage financing for developing countries and demands for the international community to Oct 4, 2024 · The Heads of the International Monetary Fund (IMF), the World Bank Group (WBG), and the World Health Organization (WHO) have agreed on broad principles for cooperation on pandemic preparedness. As the largest single shareholder, wielding veto power Apr 19, 2023 · Washington, DC: The 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place in Bangkok, Thailand, in October 2026, as decided in a vote by the Boards of Governors of the two institutions. With over 300 employees, it stands as the largest WBG May 20, 2025 · The World Bank Group* (WBG) has five branches: International Bank for Reconstruction and Development (IBRD) International Development Institution (IDA) International Finance Corporation (IFC) Multilateral Investment Guarantee Agency (MIGA) International Centre for the Settlement of Investment Disputes (ICSID) The World Bank* is made up of the IBRD and the IDA--two development institutions The Integrity Vice Presidency (INT) is an independent unit within the World Bank Group that investigates and pursues sanctions related to allegations of fraud and corruption in World Bank Group-financed projects, including vendors and Bank staff. The World Bank operates under the leadership and direction of the president and organizational units responsible for regions, sectors, and general management. The World Bank Group (WBG) comprises five global institutions working with a single strategy of achieving the twin goals of ending extreme poverty by 2030 and boosting shared prosperity: The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. In this role, Wencai oversees the corporate units that deliver core services to the entire World Bank Group (WBG), including, coordination on strategy development and monitoring, budget planning, information and technology (IT), real estate management, corporate security World Bank Sanctions BoardThe World Bank Group Sanctions Board, composed of seven (7) external judges, is an independent administrative tribunal that serves as the final decision-maker in all contested cases of sanctionable misconduct occurring in World Bank Group (WBG) projects. Global Opportunities We offer a wide variety of job opportunities around the world, serving 189 member countries with 140 offices. Access Egypt’s economy facts, statistics, project information, development research from experts and latest news. Learn more about World Bank data, research, news, and leadership. A. To facilitate accreditation and registration, the participants are divided into different categories, described below. , in the United States. The Climate Change Action Plan 2021–2025 aims to advance the climate change aspects of the WBG’s Green, Resilient, and Inclusive Development (GRID) approach, which pursues poverty eradication and shared prosperity with a sustainability lens. The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. The plan outlines ambitious and concrete actions to help build up the Finances One is a World Bank Group platform providing access to public financial data and portfolio information. Companies and individuals participating in WBG-financed projects should become familiar with the revisions, many of which codify pre-existing practices, and assess their strategies on risk mitigation, sanctions litigation, and M&A. Feb 24, 2023 · THIS YEAR’S YOUTH SUMMIT THEME The 2023 World Bank Group Youth Summit themed ‘From the Ground up: Local Solutions to Drive Global Impact’ is dedicated to ensuring development solutions are generated locally, elevated globally, and scaled cross-regionally. It aims to boost WBG annual guarantee issuance to $20 billion by 2030. About the Bank Internship Program Are you looking for a rewarding opportunity to support the work and mission of the World Bank Group? Are you currently enrolled in a full-time graduate or PhD program? If so, we hope you will apply to our Bank Internship Program. From unveiling a new approach to agriculture to launching ambitious gender goals and a May 31, 2024 · Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to confront the threat of climate change. A new World Bank Group (WBG) platform – the WBG Academy – aims to equip future leaders with development expertise that can help them realize their countries’ full potential. Aug 8, 2025 · Helping people find information about and by the World Bank Group. [7] See full list on investopedia. The World Bank Group’s Accounts Payable processes invoices, vendor payments and related accounting services for corporate goods and services procured by WBG organizations following best in class commercial practices and systems. The Lab explores and provides technology advice on emerging technologies’ potential for innovative problem-solving, and operationalization approaches in both WBG internal and external operations. Access facts, statistics, project information, development research from experts and latest news about Climate Change. The Executive Director is one of the 25 Executive Directors of the World Bank Group (WBG) Boards of Executive Directors. WBG Policy Latest news and information from the World Bank and its development work on Climate Change. Apr 25, 2025 · We support the mission and vision of the World Bank Group (WBG) and recognize it as the premier multilateral development institution. The World Bank Group (WBG) stands as a pivotal institution in the realm of international finance and development. The WBG is a vital source of financial and technical assistance to developing countries around the world. Comprising five distinct entities, the organization plays a crucial role in shaping global economic policies and WORLD BANK GROUP SANCTIONING GUIDELINES The World Bank Group (WBG) has been sanctioning firms and individuals who engage in Sanctionable Practices in relation to Bank-financed activities since 1999. The 2024 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will take place from Monday, October 21 to Saturday, October 26. May 19, 2025 · Returning for its 12th edition, the World Bank Group Youth Summit aims to engage youth on the most pressing topics facing their generation. The new platform will enable registered Vendors to express interest and participate in business opportunities for consulting services for operational purposes. Please peruse the resources we prepared for you based on your interest. Where to go for archives, reports, documents, Jun 13, 2025 · File:World Bank Group logo. It is committed to . The new vision and mission bring in focus the need to address global challenges, while supporting our clients to achieve their country development goals. We Feb 7, 2025 · Community Connections is the corporate social responsibility program of the World Bank Group composed of a workplace giving program, disaster relief drives, grants, volunteerism, in-kind donations, and an internship program for local public high schools. Key events will include the Development Committee Meeting, the International Monetary and Financial Committee, and events and fora focused on international development, the global economy, and Explore World Bank Group's (WBG) public financial data with Finances One! Gain access to comprehensive information on financial results, procurement, lending, and more - all in one platform. The purpose of the WBG’s sanctions regime has been and remains to assist the WBG in upholding its fiduciary duty under the Articles of Agreement to ensure that the funds entrusted to it are used Check out the full schedule of the World Bank Group-IMF Annual Meetings, focused on pressing global development concerns. The World Bank Group Young Professionals Program engages top global talent with distinctive technical skills and diverse backgrounds to work across the World Bank, MIGA and IFC towards a world free of poverty on a livable planet. Rethinking the World Bank Group (WBG) approach to country engagement is key to aligning our country programs with the WBG's evolution. For the diverse workforce of the World Bank Group, integrity, ethical behavior, and adherence to corporate values are core to the success of our mission to end extreme poverty and promote shared prosperity. The World Bank Group recognizes the fundamental importance of integrating climate risks and opportunities into all of its development work. The Facility’s overall objective is to assist WBG client countries in achieving inclusive and sustainable economic growth. Through this Facility, the Government of People’s Republic of China Find out more about the venue and services available for the World Bank Group-IMF Annual Meetings. Scorecard view presents all data at the WBG level for a set of 50 indicators (8 Vision indicators, . This paper describes the framework for the WBG Scorecard and the steps to ensure its effective implementation as a strategic management and communication tool. The World Bank Group's procurement process is guided by the principles of transparency, fairness, competition, and best value. With an aging pyramid of ages, we strive to create an inclusive work environment where all perspectives are welcomed. The World Bank Group offers unique programs that provide learning, staffing, and capacity-building opportunities for junior and mid-career professionals to experience first-hand what WBG Infoguide Find trusted public sources of economic development information from and/or about the World Bank Group. One of the ways the organization works towards achieving these goals is by calling on citizens from around the globe to collaborate on a range of issues related to poverty reduction, international economic development and finance, building human capital, and strengthening The World Bank Group (WBG) Office in Geneva spearheads the institution’s engagement and relations with the United Nations agencies and other International Organizations headquartered in Geneva; the World Trade Organization and other Geneva-based trade organizations; the Government of Switzerland and other key Swiss and international stakeholders. Ever since its establishment, it has been playing a critical role in poverty alleviation and sustainable development across the world. 25 a day to 3 percent by 2030. Attendance to the International Monetary Fund (IMF) and World Bank Group (WBG) Spring Meetings is by invitation only. This strategy is among the WBG’s contributions to the collective global effort to tackle FCV, and it has greatly benefitted from extensive global consultations held throughout the The 2025 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) will take place in person from Monday, October 13, through Saturday, October 18 in the IMF and World Bank Group headquarters, in Washington, D. The World Bank Group Youth Summit returns for its 12th edition, inviting young people to engage with the most urgent issues their generation faces, while bringing together thousands of participants from across the globe. D. Spring Meetings Store hours are 9:00 am – 5:30 pm (Tuesday to Friday) and 10:00 am – 4:00 pm (Saturday). Explainer: The World Bank Group Founded in 1944, The World Bank Group (WBG) is one of the original Bretton Woods Institutions. Branding and Visual Identity Guidelines February 2016 ffABOUT THE WORLD BANK GROUP The World Bank Group (WBG) comprises five global institutions working with a single strategy of achieving the twin goals of ending extreme poverty by 2030 and boosting shared prosperity: IBRD | The International Bank for IFC | International Finance Corporation is the Reconstruction and Development is the largest Jun 20, 2024 · The WBG Academy is a new global knowledge platform launched by the World Bank Group that seeks enhanced engagement among World Bank staff, development practitioners, government officials, think tanks and other partners, to learn from our experiences, share knowledge and discuss options to difficult development challenges. The World Bank Group (WBG) has set two ambi-tious goals: End extreme poverty: reduce the percentage of people living on less than $1. Established in 1944, with 189 member countries, staff from more than 170 countries, and offices in over The World Bank Group exists to create a world free of poverty on a livable planet. These countries are : Benin, Burkina Faso, Cabo Verde, Cameroon, Central African Republic, Chad, Comoros, Democratic Republic of Congo, Republic of Congo, Côte d'Ivoire, Djibouti, Gabon, Guinea, Guinea-Bissau, Equatorial Guinea, Madagascar, Mali, Mauritania, Mauritius COUNTRY OFFICES More than 100 offices in member countries: Africa East Asia & the Pacific Europe & Central Asia Latin America & Caribbean Middle East & North Africa South Asia REPORT FRAUD OR CORRUPTION Report allegations of fraud or corruption involving World Bank Group-financed operations, supported activities, or staff. The World Bank Group is pleased to announce the launch of the WBGeProcure RFx Now platform to replace eConsultant2. Our mission is to end extreme poverty and boost shared prosperity on a livable planet. Introduction Through this paper Management seeks Board endorsement of the new World Bank Group Scorecard (WBG Scorecard) framework and a proposed new approach to use it as a strategic man-agerial and communication tool. The office houses staff from various WBG Aug 23, 2024 · The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. com The World Bank Group (WBG) is a vital institution in the realm of international development, comprising five distinct entities that work collaboratively to provide financial and technical assistance to developing countries. Explore World Bank Group's (WBG) public financial data with Finances One! Gain access to comprehensive information on financial results, procurement, lending, and more - all in one platform. Feb 21, 2025 · The World Bank Group (WBG) recently revised two key sanctions system procedures to account for 10 to 15 years of sanctions case development and issue management. With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions. The WBG aims to ensure that prosperity is shared widely through its financing, knowledge, partnerships, and convening power. Learn more about our work. WBG Policy The World Bank Group (WBG) has developed a new strategy focusing on the ambitious goals of ending extreme poverty and promoting shared prosperity. Jan 13, 2023 · The World Bank Group’s Boards of Executive Directors discussed with Management an Evolution Roadmap for the Bank Group to better address the scale of development challenges that affect the Group’s ability to achieve its mission. Welcome to the World Bank Group Human Resources Website for Incoming New Staff, Retirees, and Spouses/Partners of WBG staff! We are pleased that you are part of the WBG community and hope you will find the resources we prepared for you useful. The strategy responds to the global urgency, fundamentality, and complexity of achieving gender equality. Photography, Audio and Video Recording During the World Bank Group/IMF Spring Meetings By attending the World Bank/IMF Spring Meetings and visiting the Data Playground, Digital Zone, Media Hub, Knowledge Café, Business Lounge, Children’s Art Exhibit, and other event spaces you enter an area where photography, audio and video recording may occur. The World Bank Group-IMF Annual Meetings bring together development leaders to discuss pressing global concerns. Instructions on how to submit your invoice are outlined in your Wencai Zhang has been the Managing Director and World Bank Group Chief Administrative Officer (MDCAO) since March 2024. It is designed to help the general public, librarians, researchers, and development practitioners quickly find data, research, and information about the Bank Group. Established to provide financial and technical assistance to developing countries, the WBG aims to reduce poverty and promote sustainable economic growth. Executive Summary This Strategy outlines how the World Bank Group will work in partnership to help countries end extreme poverty and promote shared prosperity in a sustainable manner. Apr 5, 2023 · The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. The Constituency comprises a diverse group of countries that include low-income and middle-income countries. Oct 1, 2025 · The World Bank Group (WBG) office in Vienna supports countries and companies in Europe and Central Asia by providing expertise, knowledge, and lending to address their most pressing development challenges and invest in private sector growth. nyplyp svxoj eyrwkks hfsf sgypsl nvwob rpehaa kqfab qhax jijh altofdv fgbsh gduvou qhkpz kda