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World Bank Group

World Bank Group

About Us

The World Bank Group is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions that share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

Sustainability Efforts:

  • The World Bank Group is committed to environmental sustainability and has integrated climate change considerations into its operations and strategies.
  • It has set ambitious targets to increase climate financing to 35% of its total financing by 2025.
  • The organization supports projects that promote renewable energy, energy efficiency, and sustainable agriculture.
  • It also emphasizes the importance of building resilience to climate impacts in vulnerable communities.
  • The World Bank Group publishes annual reports on its environmental and social impact, demonstrating transparency and accountability in its sustainability efforts.