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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 Development Marketplace (DM) Award is a competitive grant program administered by the World Bank. Since 1998, the DM has awarded more than $46 million to some 1,000 early-stage, innovative projects worldwide. Projects are selected based on: Innovation; Potential for Growth; Visible benefits; Realism; Sustainability
The Robert S. McNamara Fellowships Program provides support to young researchers working in academic and research institutions from eligible countries preparing a doctoral dissertation. Research grants cover residence costs for a 5- to 10-month period in a renowned university or research center [2] .
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 ...
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 ...
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 ...
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 ...