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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 ...
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 ...
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 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 ...
The World Bank's IDA fund, which provides mainly grants and very low interest loans to the poorest countries, is replenished every three years, and a pledging conference is scheduled for Dec. 5-6 ...
The World Bank, then consisting of only the International Bank for Reconstruction and Development, became operational in 1946. Robert L. Garner joined the World Bank in 1947 as a senior executive and expressed his view that private business could play an important role in international development. In 1950, Garner and his colleagues proposed ...
In northern Peru, the World Bank's business-lending arm is part owner of the Yanacocha gold mine, accused by impoverished farming communities of despoiling their land in pursuit of the precious ore. The bank and IFC have stepped up investments in projects deemed to have a high risk of serious and environment damage, including oil pipelines, mines and even coal-fired power plants, an ...