The World Bank Accountability Mechanism (AM) is headed by AM Secretary who is appointed by the Board of Executive Directors for one five-year non-renewable term and reports directly to the Board. The ...

The World Bank Annual Report 2024 outlines transformative strategies to combat global challenges like poverty, climate change ...

As the only World Bank Group shareholder that retains veto power over certain changes in the Bank’s structure, the United States plays a unique role in influencing and shaping global development ...

The World Bank agreed to change its lending structure in order to secure a $13bn capital increase. The World Bank has a remit to finance international development projects. Formed in 1947 to help ...