The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group has two ambitious goals: End extreme poverty within a generation and boost shared prosperity.
- To end extreme poverty, the Bank's goal is to decrease the percentage of people living on less than $1.25 a day to no more than 3% by 2030.
- To promote shared prosperity, the goal is to promote income growth of the bottom 40% of the population in each country.
The World Bank Group comprises five institutions managed by their member countries.
The World Bank Group and Land: Working to protect the rights of existing land users and to help secure benefits for smallholder farmers
The World Bank (IBRD and IDA) interacts primarily with governments to increase agricultural productivity, strengthen land tenure policies and improve land governance. More than 90% of the World Bank’s agriculture portfolio focuses on the productivity and access to markets by small holder farmers. Ten percent of our projects focus on the governance of land tenure.
Similarly, investments by the International Finance Corporation (IFC), the World Bank Group’s private sector arm, including those in larger scale enterprises, overwhelmingly support smallholder farmers through improved access to finance, inputs and markets, and as direct suppliers. IFC invests in environmentally and socially sustainable private enterprises in all parts of the value chain (inputs such as irrigation and fertilizers, primary production, processing, transport and storage, traders, and risk management facilities including weather/crop insurance, warehouse financing, etc
For more information, visit the World Bank Group and land and food security (https://www.worldbank.org/en/topic/agriculture/brief/land-and-food-security1
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Development Economics through the
Decades
The World Development Report (WDR) has
become such a fixture that it is easy to forget the
circumstances under which it was born and the Bank's
motivation for producing such a report at that time. In the
first chapter of this essay, the authors provide a brief
background on the circumstances of newly independent
developing countries and summarize some of the main strands
of the emerging field of development economics. This
Global Survey of Development Banks
Historically, development banks have
been an important instrument of governments to promote
economic growth by providing credit and a wide range of
advisory and capacity building programs to households, small
and medium enterprises, and even large private corporations,
whose financial needs are not sufficiently served by private
commercial banks or local capital markets. During the
current financial crisis, most development banks in Latin
Advanced Biofuel Technologies : Status and Barriers
Large-scale production of crop based
(first generation) biofuels may not be feasible without
adversely affecting global food supply or encroaching on
other important land uses. Because alternatives to liquid
fossil fuels are important to develop in order to address
greenhouse gas mitigation and other energy policy
objectives, the potential for increased use of advanced
(non-crop, second generation) biofuel production
Connecting Landlocked Developing
Countries to Markets : Trade Corridors in the 21st Century
The importance of transport corridors
for trade and development, including for some of the poorest
countries in the world, is widely recognized in this book. A
new consensus has also emerged that reducing trade costs and
improving access to corridors is not just a matter of
building infrastructure. The policies that regulate
transport services providers and the movement of goods along
corridors are important determinants of the social rate of
The World Bank Annual Report 2011
Executive Directors continued to play an
important role as the World Bank faced many challenges in a
global post crisis economy. The Board considered a number of
key documents in preparation for the committee on
development effectiveness meetings. These included the World
Development Report 2011, which focuses on conflict,
security, and development, and responding to global food
price volatility and its impact on food security, which