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 (https://www.worldbank.org/en/topic/agriculture/brief/land-and-food-security1
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Jim Yong Kim, President of the World Bank Group, discusses fundamental issues in global development and
the World Bank Group's role in helping countries and
the private sector meet the greatest challenges in
development. He speaks
about the twin goals, to end extreme poverty
by 2030 and to boost shared prosperity. Due to television, everyone knows how everyone else lives. We must not remain voluntarily blind to the impact of economic choices on the poor and
vulnerable.
Opening Press Conference at the IMF-World Bank Spring Meetings, April 10, 2014
Jim Yong Kim, President of the World Bank Group, notes that the developing countries will have to grow
at a pace stronger than any time in the past 20 years to
achieve the goal of ending the extreme poverty by 2030. He talks about the
need for growth that is inclusive, creates jobs, and assists
the poor directly. He calls for ensuring economic
growth in the years ahead that is sustainable and takes us
off the destructive path of climate change. He focuses on
A Conversation with Al Jazeera’s Ali Velshi and World Bank Group President Jim Yong Kim
Jim Yong Kim, President of the World Bank Group, discusses how the
World Bank is focused on a prosperity that is shared by
everyone, and to lift the billion or so people living in
extreme poverty out of that condition so that they can have
those things that everybody in the world seems to want. He
speaks about the inequality in the economic growth of the
countries around the world. He highlights the health care
Zambia Mining Investment and Governance Review
The Zambia Mining Investment and
Governance Review (MInGov) collects and shares information on
mining sector governance, its attractiveness to investors
and how its activities affect national development. It
reviews sector performance from the perspective of three
main stakeholder groups– government, investors in the mining
value chain and civil society – and identifies gaps
between declared and actual government policy and practice.
Sending a Signal from Paris
Jim Yong Kim, President of the World Bank Group, focuses on economic policy as the key to mobilizing a
coordinated global response to climate change. He talks
about the need to confront climate change, without which
there will be no hope of ending poverty or boosting shared
prosperity. He adds that the longer the delay in tackling
climate change, the higher the cost will be to do the right
thing for our planet and our children. He affirms that from the