World Bank

The World Bank is an international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.

Sustainability

The World Bank is committed to sustainability and has implemented various initiatives to promote environmental and social sustainability. They publish annual ESG (Environmental, Social, and Governance) reports that detail their efforts in reducing carbon footprints, promoting renewable energy projects, and supporting sustainable development goals (SDGs). The World Bank also adheres to strict environmental and social standards in its projects and has received several sustainability certifications and accreditations.