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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 ...
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.
KNOMAD was announced by the World Bank on April 19, 2013. [ 3 ] [ 5 ] It entered a five-year implementation phase in May 2013. KNOMAD has collaborated with diverse organizations such as the Organisation for Economic Co-operation and Development ( Paris workshop, December 2013) [ 6 ] and the United Nations Development Programme (specifically ...
A ministerial conference of the World Trade Organization, in the Palace of Nations (Geneva, Switzerland).. The following is a list of the major existing intergovernmental organizations (IGOs).
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 Migration Report 2020, the tenth in the series, similarly has the aim of contributing to increased understanding of migration throughout the world. The first four chapters are the same as in the 2018 edition, which provide updated migration statistics at the global and regional levels, while the second part considers a range of ...
In the spring of 2011, the World Bank urged Kenya’s finance ministry to end the evictions until the bank could help the government work out a plan for addressing the Sengwer’s concerns. According to bank officials, Kenyan authorities agreed to stop the evictions until they found new land where the Sengwer could relocate.
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.