In fiscal year 2024, the World Bank Group adopted a bold new vision of a world free of poverty on a livable planet. To achieve this, the Bank Group is enacting reforms to become a better partner to governments, the private sector, and, ultimately, the people we serve. Rarely in our 80-year history has our work been more urgent: We face declining progress in our fight against poverty, an existential climate crisis, mounting public debt, food insecurity, an unequal pandemic recovery, and the effects of geopolitical conflict. Responding to these intertwined challenges requires a faster, simpler, and more efficient World Bank Group. We are refocusing to confront these challenges not just through funding, but with knowledge. Our Knowledge Compact for Action, published in fiscal 2024, details how we will empower all Bank Group clients, public and private, by making our wealth of development knowledge more accessible. And we have reorganized the World Bank's global practices into five Vice Presidency units-People, Prosperity, Planet, Infrastructure, and Digital-for more flexible and faster engagements with clients. Each of these units reached important milestones in fiscal 2024. We are supporting countries in delivering quality, affordable health services to 1.5 billion people by 2030 so our children and grandchildren will lead healthier, better lives. This is part of our larger global effort to provide a basic standard of care through every stage of a person's life-infancy, childhood, adolescence, and adulthood. To help people withstand food-affected shocks and crises, we are strengthening social protection services to support half a billion people by the end of 2030-aiming for half of these beneficiaries to be women.
Authors
- Disclosure Date
- 2024/10/18
- Disclosure Status
- Disclosed
- Doc Name
- World Bank Annual Report 2024 : A Better Bank for a Better World
- Pages
- 49
- Published in
- United States of America
- Unit Owning
- EXC - Office of the President
- Version Type
- Final
- Volume No
- 1
Table of Contents
- A BETTER BANK FOR A BETTER WORLD 1
- CONTENTS 2
- ABOUT US 3
- DRIVING ACTION MEASURING RESULTS 4
- DELIVERING ON OUR COMMITMENTS REQUIRES US TO DEVELOP NEW AND BETTER WAYS OF WORKING. IN FISCAL 2024 WE DID JUST THAT. 5
- BECOMING A 7
- BETTER BANK 7
- FINANCIAL SUMMARY 8
- RESULTS BY REGION 9
- EASTERN AND SOUTHERN AFRICA 10
- WESTERN AND CENTRAL AFRICA 12
- EAST ASIA AND PACIFIC 14
- EUROPE AND CENTRAL ASIA 16
- LATIN AMERICA AND THE CARIBBEAN 18
- MIDDLE EAST AND NORTH AFRICA 20
- SOUTH ASIA 22
- RESULTS BY THEME 24
- PEOPLE 25
- PROSPERITY 27
- PLANET 29
- INFRASTRUCTURE 30
- DIGITAL 32
- GENDER AND YOUTH 33
- JOBS 34
- PRIVATE CAPITAL MOBILIZATION 34
- FRAGILITY CONFLICT AND VIOLENCE 35
- HOW WE WORK 36
- SUSTAINABLE FINANCE AND CAPITAL MARKETS 37
- PARTNERS 38
- OPERATIONS 39
- OUR VALUES PEOPLE AND PLACES 40
- SUPPLY CHAIN OVERSIGHT AND ACCOUNTABILITY 41
- STRATEGIC RESOURCE DEPLOYMENT 43
- IBRD 44
- IDA 46
- WORLD BANK ANNUAL REPORT 2024 48
