The Development Committee communiqué stressed on the critical importance of building human capital.
Iceland became a member of the five institutions that form the World Bank Group on Dec. 27, 1945. Today, Iceland is a member of the five institutions that form the World Bank Group. Iceland and the World Bank work with other member governments to finance projects, design policies, and deliver programs to end poverty in the developing world.?
This report, produced in close partnership with the United Nations High Commissioner for Refugees (UNHCR), attempts to sort fact from fiction to better understand the scope of the challenge and encourage new thinking from a socioeconomic perspective.
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.