World Bank Group

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 (


World Bank Group Resources

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June 2016

The purpose of this report on corporate
financial reporting in Austria is to describe the key
features of Austria’s corporate financial reporting
environment as well as its practical application in regard
to small and medium enterprises (SMEs’) financial reporting
practices in Austria. This report builds on the World Bank
accounting and auditing reports on standards and codes
(ROSC) methodology to give an overview of the Austrian

June 2016

The World Bank Group’s investment
climate project conducted a survey of foreign investors in
the Kyrgyz Republic - both those currently operating and
those that have terminated their operations for various
reasons. The purpose of the survey was to assess selected
aspects of the investment policy and legal environment in
place in the Kyrgyz Republic, so as to determine whether the
current regulations are investment-conducive or otherwise.

June 2016

Romania faces today the critical need to
enhance the coordination of public investment programs and
projects in order to ‘do more with less,’ maximizing
development impact given limited financial resources
available. In this context, ‘value for money’ is the key
guiding principle of public investments, making this final
report is both critically important and timely. Romania’s
preparations for the 2014-2020 EU programming period are in

June 2016

In the context of Romania’s push toward
sustainable and inclusive development, the government has
asked the World Bank to support the harmonization of public
investments financed by the European Union and the state
budget. The current report describes the national program
for local development (PNDL’s) framework and project cycle
and provides an overview of the program’s project portfolio
in 2014. It also draws a number of preliminary observations

June 2016

Latin America and the Caribbean (LCR)
will be center stage in the global development debate as
leaders from around the world convene in Lima, Peru for the
annual meetings of the World Bank Group and International
Monetary Fund. Critical progress in poverty reduction has
been made in the region over the last decade. The region’s
bottom 40 percent of the population saw growth eclipsing
that seen by the group in every other region in the world.

June 2016

The 2014-2015 Romania Regional
Development 2 Program is the continuation of the World
Bank’s technical assistance to the Ministry of Regional
Development and Public Administration (MRDPA). Building on
the previous engagement, the current work addresses a
fundamental question: given Romania’s persistent development
challenges, how can the country do more with less when it
comes to the public infrastructure it needs? The key is to

June 2016

The global toll of human suffering and
material loss due to disasters has led to growing public
concern and expanded institutional response in the form of
disaster relief and recovery assistance from individuals,
governments, and intergovernmental organizations. Initial
humanitarian concern has primarily been focused on dealing
with the consequences of disasters. However, we must begin
to address the causes of these events while ensuring the

June 2016

The Indonesia Economic Quarterly (IEQ)
has two main aims. First, it reports on the key developments
over the past three months in Indonesia’s economy, and
places these in a longerterm and global context. Based on
these developments, and on policy changes over the period,
the IEQ regularly updates the outlook for Indonesia’s
economy and social welfare. Second, the IEQ provides a more
in-depth examination of selected economic and policy issues,

June 2016

Much of the world’s built environment is
found in urban areas, and cities are thought to be
responsible for up to 70 percent of global greenhouse gas
(GHG) emissions, and up to 80 percent of primary energy
demand. Most of the energy consumed in the world fuels urban
industry, powers urban homes and offices, and moves people
within and between cities. This paper is about climate
change mitigation in cities, and will primarily look at how

June 2016

As India continues to urbanize and move
towards a less agricultural- and more industry-based
economy, land demands will continue to grow. Its urban
population is expected to increase by more than 200 million
by 2030, requiring 4 to 8 million hectares of land for
residential use alone. Demands for infrastructure and
industry could add a similar amount, summing to total land
demand of 5 to10 percent of the land area currently used for