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The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
In 1959, the World Bank's Board of Governors approved a U.S.-born resolution calling for the drafting of the articles of agreement. [10] SUNFED later became the Special Fund and merged with the Expanded Programme of Technical Assistance to form the United Nations Development Programme. [citation needed]
Robert Bosch Foundation Germany: Stuttgart: $6 billion €5.3 billion 1964 [36] 36 Children's Investment Fund Foundation United Kingdom: London: $5.9 billion £5.2 billion 2002 [37] 37 Conrad N. Hilton Foundation United States: Westlake Village, California: $5.9 billion 1944 [38] 38 Nemours Foundation United States: Jacksonville: $4.6 billion ...
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
Senior Policy Advisor: Rafael López is a Senior Policy Advisor at the White House Office of Science and Technology Policy and the White House Office of Social Innovation and Civic Participation. His work focuses on identifying areas where the innovative application of technology-based options can improve collaboration between the Executive ...
The young mother is one of thousands of Kenyans who have been forced out of their homes since the launch of a World Bank-financed forest conservation program in western Kenya’s Cherangani Hills. Human rights advocates claim government authorities have used the project as a vehicle for pushing indigenous peoples out of their ancestral forests.
The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other. The Gold Room at the Mount Washington Hotel where the International ...