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In terms of external funding and implementation, the United Nations World Food Programme (WFP) is the world's leading provider of school feeding program financial contributions and program development. WFP currently provides school feeding resources to an average of 22 million children in school, about half of whom are girls, across 70 countries.
Development Bank of Latin America and the Caribbean (CAF) Eurasian Development Bank; European Bank for Reconstruction and Development (EBRD) European Investment Bank; Food and Agriculture Organization of the United Nations (FAO) Inter-American Development Bank (IADB) International Bank for Reconstruction and Development (IBRD; part of the World ...
The Global Finance Facility was launched at the Financing for Development Conference in Addis Ababa in July 2015 by the United Nations and the World Bank as part of an effort to achieve goal three of the Sustainable Development Goals, Good health and well-being for people, and in particular to help governments in low- and lower-middle income countries transform how they prioritize and finance ...
The World Bank Treasury is the division of the IBRD that manages the Bank's debt portfolio of over $100 billion and financial derivatives transactions of $20 billion. [21] The Bank offers flexible loans with maturities as long as 30 years and custom-tailored repayment scheduling. The IBRD also offers loans in local currencies.
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 IDA is a unique part of the World Bank as it requires continuous replenishment of its resources. Member countries replenish its funds through contributions in addition to supplementary funds provided by the International Bank for Reconstruction and Development and the International Finance Corporation (IFC).
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 ...
Before Malpass became president, his son Robert had joined the International Finance Corporation (IFC), a branch of the World Bank Group that lends money to private sector businesses and whose USD 5.5 billion funding from a USD 13 billion World Bank capital increase was secured by the US Treasury at the time that David Malpass was the Treasury ...