Ridding the world of poverty is not only morally right, but would make the world a better place for everyone. In pursuit of this goal, the United Kingdom and the World Bank Group work together to develop policies on a wide range of issues, such as conflict prevention, governance, health, and education -- trying to enable millions in the poorest countries to be immunized, gain access to roads and clean...
COVID-19 has triggered the deepest global recession in decades. While the ultimate outcome is still uncertain, the pandemic will result in contractions across the vast majority of emerging market and developing economies. It will also do lasting damage to labor productivity and potential output.
Pandemics, climate change, conflict. The world faces threats that can only be solved through cooperation and coordination across borders.
Since its founding, The World Bank Group has evolved to meet new challenges to ending extreme poverty and creating opportunity for all. Along with a vast network of worldwide partners, we continue to adapt with new innovative lending approaches, partnering with the private sector to expand funding for development, and responding to global threats that affect rich and poor alike.
“For we shall prosper individually, only as we prosper collectively” - Eugene Meyer. First World Bank President.