Publication: The World Bank Annual Report 2009: Year in Review, Volume 1
Loading...
Other Files
1,380 downloads
Date
2009
ISSN
Published
2009
Author(s)
Editor(s)
Abstract
The World Bank group, among the world's largest development institutions, is a major source of financial and technical assistance to developing countries around the world. In fiscal 2009, the World Bank group sponsored 767 projects with a total commitment of $58.8 billion, distributed in credits, loans, grants, and guarantees. This fiscal year's funding marks a 54 percent increase over the previous fiscal year and a record high for the Bank group. The Bank group's investment projects are aimed largely at improving infrastructure services associated with poverty reduction and enhanced growth. In fiscal 2009, the Bank group committed $20.7 billion to infrastructure, a critical sector to provide the foundation for rapid recovery from the crisis and to support job creation. The sustainable infrastructure action plan, launched in July 2008, will leverage up to $72 billion to provide additional financing of up to $149 billion in public and private investments over fiscal 2009-11. The Bank group's investment projects are aimed largely at improving infrastructure services associated with poverty reduction and enhanced growth.
Link to Data Set
Citation
“World Bank. 2009. The World Bank Annual Report 2009: Year in Review, Volume 1. © World Bank. http://hdl.handle.net/10986/4354 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Related items
Showing items related by metadata.
Publication The World Bank Annual Report 2009(Washington, DC, 2009)The World Bank group, among the world's largest development institutions, is a major source of financial and technical assistance to developing countries around the world. In fiscal 2009, the World Bank group sponsored 767 projects with a total commitment of $58.8 billion, distributed in credits, loans, grants, and guarantees. This fiscal year's funding marks a 54 percent increase over the previous fiscal year and a record high for the Bank group. The Bank group's investment projects are aimed largely at improving infrastructure services associated with poverty reduction and enhanced growth. In fiscal 2009, the Bank group committed $20.7 billion to infrastructure, a critical sector to provide the foundation for rapid recovery from the crisis and to support job creation. The sustainable infrastructure action plan, launched in July 2008, will leverage up to $72 billion to provide additional financing of up to $149 billion in public and private investments over fiscal 2009-11. The Bank group's investment projects are aimed largely at improving infrastructure services associated with poverty reduction and enhanced growth.Publication The World Bank Annual Report 2008(Washington, DC, 2008)The World Bank Group's work focuses on achievement of the eight Millennium Development Goals (MDGs). The goals call for eliminating poverty and achieving inclusive and sustainable globalization. The MDGs lay out a blueprint for the World Bank Group, setting its priorities and measuring its results. The World Bank is the world's largest funder of education; the world's largest external funder of the fight against HIV/AIDS; a leader in the fight against corruption worldwide; a strong supporter of debt relief; and the largest international financier of biodiversity, water supply, and sanitation projects. The recipients of the World Bank Group's fiscal 2008 financial commitments are using the funds in more than 670 projects, many of them collaborative efforts of two or more of the affiliates. The projects are designed to overcome poverty and enhance growth by improving education and health services, promoting private sector development, building infrastructure, and strengthening governance and institutions. They are practical plans to help developing countries move from poverty and become more competitive in a globalizing world. The Bank Group is also preparing a strategic framework on climate change and development - a plan for integrating climate change and development challenges without compromising growth and poverty reduction efforts. The framework will include priorities, approaches, and a road map for action in helping countries mitigate or adapt to climate change. In addition, the Bank Group has set a goal of scaling up its portfolio of investments in renewable energy and energy efficiency projects by an annual average of 20 percent through 2010.Publication IFC Annual Report 2009 : Their/Our Story, Creating Opportunity Where It's Needed Most(Washington, DC: World Bank, 2009)The global economic crisis has opened an uncertain chapter, especially for the 2.5 billion people who live on less than $2 a day. Many of them lack access to electricity, or clean water, or basic health care. For at least a decade, economic growth in developing countries helped expand the availability of basic necessities while steadily reducing the number of people in poverty. But this year, the number of people in extreme poverty is expected to be much higher than was predicted before the crisis. Unemployment is rising. Yet many countries lack the domestic resources needed to speed up development. International Finance Corporation (IFC) has responded swiftly and creatively to improve the lives of the most vulnerable people by working with the private sector to create conditions for sustainable prosperity, wherever the need is greatest. IFC has quickly ramped up its advisory efforts and mobilized its donor partners to help governments, clients, and markets cope with the crisis and recover speedily. Priorities include: helping financial institutions better manage their risks and their nonperforming loans; complementing investment efforts in banking for small and medium enterprises, microfinance, and housing finance with advice to financial institutions; supporting governments' efforts to keep trade flowing with advice on trade logistics; helping governments facing larger deficits widen their tax base; encouraging governments to simplify their bankruptcy systems to allow indebted companies to recover faster; advising boards of directors on risk management and crisis intervention; and helping governments redesign public-private infrastructure projects that face crisis-related difficulties.Publication IFC Annual Report 2014 : Big Challenges, Big Solutions(Washington, DC: World Bank Group, 2014)International Finance Corporation (IFC or the Corporation) is the largest global development institution focused on the private sector in developing countries. Established in 1956, IFC is owned by 184 member countries, a group that collectively determines its policies. IFC is a member of the World Bank Group (WBG)1 but is a legal entity separate and distinct from IBRD, IDA, MIGA, and ICSID, with its own Articles of Agreement, share capital, financial structure, management, and staff. Membership in IFC is open only to member countries of IBRD. At the 2013 Spring Meetings, the WBG adopted two ambitious goals: to end extreme poverty by 2030 and to boost shared prosperity for the poorest 40 percent in developing countries. At the Annual Meetings in October 2013, the Board of Governors approved the first strategy for the WBG focused on delivery of transformational solutions, marshaling combined resources more effectively, and accelerating collaboration with the private sector and our development partners. IFC s strategic focus areas are: strengthening the focus on frontier markets; addressing climate change and ensuring environmental and social sustainability; addressing constraints to private sector growth in infrastructure, health, education, and the food-supply chain; developing local financial markets; and building long-term client relationships in emerging markets.Publication World Bank Group and World Bank Corporate Scorecards, October 2015(World Bank, Washington, DC, 2015-10)In July 2013, the World Bank Group launched its Strategy, outlining how it will partner more effectively with clients to help them achieve the ambitious goals of eradicating extreme poverty and boosting shared prosperity through economic growth, inclusion, sustainability and resilience. In April 2014, the World Bank Group Corporate Scorecard was launched for the first time and the World Bank Scorecard revised to monitor the implementation of the strategy. The World Bank Group Scorecard provides view of the results and performance indicators of the three World Bank Group institutions: the World Bank (WB), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This brochure presents the scorecards, updated with the latest data available in fiscal year 2015. The scorecards are structured in three tiers. A tier one and two presents indicators monitoring aspects of growth, inclusiveness, and sustainability and resilience. Tier three captures the progress in implementing the World Bank Group strategy and includes measures of both operational and organizational effectiveness.
Users also downloaded
Showing related downloaded files
Error: Could not load results for 'https://openknowledge.worldbank.org/server/api/item/relateditemlistconfigs/3ba05f89-a54c-5df5-b9ca-49067897266a_downloads/itemlist'.