The World Bank’s cover photo
The World Bank

The World Bank

International Trade and Development

Washington, DC 2,559,971 followers

About us

The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.

Website
http://www.worldbank.org
Industry
International Trade and Development
Company size
10,001+ employees
Headquarters
Washington, DC
Type
Nonprofit
Specialties
Global Development Finance/Lending, Development Knowledge, Advisory Services, and Capacity Building, Economic Research and Development Data, and Global Partnerships and Multilateral Engagement

Locations

Employees at The World Bank

Updates

  • The World Bank reposted this

    View profile for Axel van Trotsenburg

    Senior Managing Director at The World Bank

    𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐢𝐧𝐠 𝐨𝐧 𝐌𝐮𝐥𝐭𝐢𝐥𝐚𝐭𝐞𝐫𝐚𝐥𝐢𝐬𝐦: 𝐅𝐫𝐨𝐦 𝐑𝐡𝐞𝐭𝐨𝐫𝐢𝐜 𝐭𝐨 𝐑𝐞𝐬𝐮𝐥𝐭𝐬 As multilateralism faces new tests, one thing stands out: delivering real impact matters more than ever. At The World Bank, we’ve evolved to meet today’s challenges:  ➡️Mobilizing 𝗿𝗲𝗰𝗼𝗿𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 for the poorest countries through IDA. For every $1 contributed by donors, we now leverage $4 in financing, turning $24 billion into $100 billion in commitments for the next three years.  ➡️Unlocking 𝗽𝗿𝗶𝘃𝗮𝘁𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 at scale to create jobs and accelerate growth.  ➡️Driving transformational initiatives like 𝗠𝗶𝘀𝘀𝗶𝗼𝗻 𝟯𝟬𝟬, to connect 300 million Africans to electricity by 2030.  ➡️Keeping 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 at the heart of development.    The world is changing fast. Our response is laser focused on creating jobs and opportunities for young people by mobilizing private capital and tackling long-term challenges. Because delivering results—not promises—is what will shape a better future. Watch the replay: https://lnkd.in/esvgVTVw

    • No alternative text description for this image
  • 𝗠𝗶𝘀𝘀𝗶𝗼𝗻 𝟯𝟬𝟬 𝗶𝘀 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗲𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 𝗮𝗰𝗰𝗲𝘀𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝘀𝘂𝗯-𝗦𝗮𝗵𝗮𝗿𝗮𝗻 𝗔𝗳𝗿𝗶𝗰𝗮. Launched in 2024, the initiative has already connected 29.7 million people—a rollout pace 1.5x faster than previous efforts. 𝗞𝗲𝘆 𝗙𝗶𝗴𝘂𝗿𝗲𝘀: 🌍145 projects across 47 countries contribute to Mission 300. 📈$7.9 billion in financing mobilized by the World Bank Group for Mission 300 since it started in 2024. 📄17 new National Energy Compacts, bringing us to a total of 29 National Energy Compacts driving energy upgrades and improvements to transform Africa’s energy sector. Backed by The World Bank Group, IFC - International Finance Corporation, MIGA, the African Development Bank Group, and partners, Mission 300 is laying the groundwork for scalable, sustainable energy systems. Explore the data: http://wrld.bg/Cwpk50X0syE

  • 𝗧𝘄𝗼-𝘁𝗵𝗶𝗿𝗱𝘀 𝗼𝗳 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝗻𝗲𝗿𝗴𝘆 𝗶𝘀 𝗹𝗼𝘀𝘁 𝗯𝗲𝗳𝗼𝗿𝗲 𝗶𝘁 𝗲𝘃𝗲𝗻 𝗿𝗲𝗮𝗰𝗵𝗲𝘀 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀. At a time when demand is rising, from data centers to air conditioning and heavy industry—every kilowatt counts. Energy efficiency is one of the fastest, most cost-effective ways to reduce emissions, improve energy security, and create jobs. Join us for a 𝗟𝗶𝗻𝗸𝗲𝗱𝗜𝗻 𝗟𝗶𝘃𝗲 𝗲𝘃𝗲𝗻𝘁 where experts from the World Bank Group, Türkiye, and Mexico share how countries can scale up energy efficiency to drive growth and resilience. Featuring insights from our new report: 𝗣𝗼𝘄𝗲𝗿 𝗠𝗼𝗿𝗲 𝘄𝗶𝘁𝗵 𝗟𝗲𝘀𝘀: 𝗦𝗰𝗮𝗹𝗶𝗻𝗴 𝘂𝗽 𝗘𝗻𝗲𝗿𝗴𝘆 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗳𝗼𝗿 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆. 📅 Date: Monday September 23, 2025 🕒 Time: 10:00AM EDT 📍 Watch Live on LinkedIn Don’t miss this important conversation on #EnergyEfficiency and #EnergySecurity.

    Scaling Up Energy Efficiency for Growth, Jobs & Energy Security

    Scaling Up Energy Efficiency for Growth, Jobs & Energy Security

    www.linkedin.com

  • View profile for Sangbu Kim

    Vice President for Digital at The World Bank

    Today at #UNDigitalCooperationDay during UNGA80, I spoke on the Universal Digital Public Infrastructure (DPI) Safeguards Panel, joining global leaders to discuss how we can strengthen safeguards that make digital systems inclusive, accountable, and trusted. This important conversation kicked off a series of engagements in New York around #UNGA2025 focused on digital transformation, AI, digital public infrastructure, and advancing digital cooperation to reduce poverty and accelerate progress for all. Today’s main message: Safeguards are not an add-on – they enable the digital transactions essential to today's modern society. With more and more essential services relying on digital systems—from payments to personal identification and more—safeguards must keep our critical digital public infrastructure safe. The World Bank has been supporting countries put these principles into practice: Supporting data protection Integrating privacy-by-design Embedding effective governance and user-centricity from the start Our new vision for digital development places safeguards at the center — essential to building trusted, citizen-focused, and resilient digital systems. Thank you to the United Nations Office for Digital and Emerging Technologies (ODET) and partners for convening this important dialogue. Learn more about today’s session: https://lnkd.in/gu4xHXwN

    • No alternative text description for this image
  • The September monthly Food Security Update is now available! 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ➡️ The September 2025 update to the Global Report on Food Crises, produced by a consortium of UN agencies, technical organizations, donors, and regional intergovernmental bodies, reports that 1.4 million people are facing catastrophic levels of acute food insecurity. ➡️ Since the last update on June 13, 2025, the agricultural, export, cereal price indices closed 3 percent, 6 percent, and 4 percent higher respectively. The September 2025 edition of the AMIS Market Monitor reports that international wheat, maize, rice, and soybean markets remain broadly well supplied, although risks tied to trade policies, biofuels, and climate variability continue to weigh on outlooks. ➡️ The 2025 edition of The State of Food Security and Nutrition in the World highlights progress and persistent challenges in the global fight against hunger and malnutrition, with a central focus on the impacts of food price inflation. ➡️ The 2025 edition of the Joint Child Malnutrition Estimates highlights persistent challenges in reducing child malnutrition and the risk that recent progress will stall or reverse. Read more: http://wrld.bg/Yf8I50X0j1T

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for The World Bank

    2,559,971 followers

    Weekly Update: ➡️ 𝗦𝗽𝗮𝗿𝗸𝗶𝗻𝗴 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗺𝗶𝗿𝗮𝗰𝗹𝗲 𝗳𝗼𝗿 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗲𝘀. Developing economies are facing a major investment gap, with growth since the 2008–09 crisis just half of what it was in the 2000s. New World Bank research explores how to change that. ➡️ 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗜𝘀 𝗱𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗷𝗼𝗯𝘀. Digital tech is changing how we work, from gig jobs to instant payments. But how do we unlock its full potential? ➡️ 𝗖𝗮𝗻 𝗔𝗜 𝗴𝗶𝘃𝗲 𝘀𝗺𝗮𝗹𝗹-𝘀𝗰𝗮𝗹𝗲 𝗽𝗿𝗼𝗱𝘂𝗰𝗲𝗿𝘀 𝘁𝗵𝗲 𝗿𝗶𝗴𝗵𝘁 𝗮𝗱𝘃𝗶𝗰𝗲? Digital tools promised better farm advice, but adoption stayed low. Generative AI is changing that with voice tips in farmers’ own languages. ➡️ 𝗛𝘂𝗺𝗮𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗶𝗻 𝗮 𝗖𝗵𝗮𝗻𝗴𝗶𝗻𝗴 𝗠𝗘𝗡𝗔. A new report shows how MENA countries can boost human development while facing aging populations, climate stress, and digital change.

  • 𝗛𝗼𝘄 𝗰𝗮𝗻 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗱𝗿𝗶𝘃𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗯𝗲𝘁𝘁𝗲𝗿 𝗷𝗼𝗯𝘀 𝗶𝗻 𝗘𝗮𝘀𝘁 𝗔𝘀𝗶𝗮 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗣𝗮𝗰𝗶𝗳𝗶𝗰?   The report Firm Foundations of Growth: Productivity and Technology in East Asia and Pacific (EAP) explores how enterprises are using tech to unlock productivity and create employment. It makes the case for smarter policies that strengthen incentives and build capabilities to spark innovation.   𝗞𝗲𝘆 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀: • Investment has fueled EAP’s growth in the 21st century—but productivity gains have contributed less than 20%. • Top-performing firms in EAP (“national frontier” firms) are losing ground to global leaders—especially in digital sectors. From 2005 to 2015, productivity in global digital manufacturing jumped 76%, compared to just 34% in EAP. • Advanced tech adoption is lagging. Investment in data-driven business models in EAP has stalled at ~0.1% of GDP—far below advanced economies. • Why it matters: These frontier firms are big contributors to overall productivity. The top 10% most-productive firms drive 50% of aggregate growth. • What’s holding them back? Barriers to competition, weak management skills, and uneven digital infrastructure are limiting innovation.   𝗪𝗵𝗮𝘁 𝗰𝗮𝗻 𝗽𝗼𝗹𝗶𝗰𝘆 𝗱𝗼? 𝗧𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗿𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝘀: • Open up markets. Removing entry barriers—like tariff liberalization in Viet Nam—can boost firm productivity. • Invest in people. Build strong foundations in basic and digital skills, and improve management capabilities. • Coordinate reforms. Align efforts in human capital, infrastructure, and competition. In the Philippines, combining openness to foreign competition with fiber broadband access more than doubled tech adoption. Read more: http://wrld.bg/CmVx50WYTNI

Affiliated pages

Similar pages

Browse jobs

Funding

The World Bank 1 total round

Last Round

Debt financing

US$ 81.0M

See more info on crunchbase