World Bank Projects & OperationsThe World Bank provides low-interest loans, zero to low-interest credits, and grants to developing countries. These support a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some projects are cofinanced with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors.Search or browse by country, sector, or theme.
FAQs
What are the intergovernmental organizations of the World Bank? ›
The Bank consists of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) The International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID) are ...
Is the World Bank an IGO or NGO? ›Intergovernmental organization
The main purposes of IGOs were to create a mechanism for the world's inhabitants to work more successfully together in the areas of peace and security, and also to deal with economic and social questions.
What are some issues that IGOs work to solve? ›A number of IGOs are developing public policy to combat climate change, tackle deforestation, prevent water shortages, and improve the environmental well-being of the world.
What is the purpose of the World Bank? ›The World Bank is an international development organization owned by 187 countries. Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people.
What type of organization is the World Bank? ›The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development.
Is the World Bank a reliable source? ›The application of internationally accepted standards and norms results in a consistent, reliable source of information.
What is an IGO or NGO? ›The United Nations and the Organization of American States are examples of international governmental organizations. The other category of international organization is the non-governmental organization (or NGO). NGOs are made up of private citizens.
Who is the World Bank owned by? ›The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy, financial or membership issues.
How do IGOs reduce conflict? ›Inter-Governmental Organizations (IGOs) bring states together in impartial forums to handle disputes civilly within an anarchic system. In 1945, the United Nations came into existence on the heels of World War II with 51 member nations to maintain international peace and security through cooperation.
What is an IGO example? ›
An IGO is an organization composed primarily of sovereign states, or of other intergovernmental organizations. IGOs are established by treaty or other agreement that acts as a charter creating the group. Examples include the United Nations, the World Bank, or the European Union.
What do NGOs do? ›Approximately 1.5 million NGOs operate in the United States. These NGOs undertake a wide array of activities, including political advocacy on issues such as foreign policy, elections, the environment, healthcare, women's rights, economic development, and many other issues.
What is the most powerful IGO? ›The United Nations (UN) is the largest and most familiar intergovernmental organization. In 1945, at the end of World War II, governments wanted to avoid future wars.
How do IGOs affect states? ›Though a few IGOs are no more than discussion forums, most IGOs provide services or resources to member state governments. IGOs that provide services or resources, particularly the latter, actually develop two relations with member state governments.
What is a general purpose IGO? ›Specialized IGOs, such as NATO, limit their activities to a particular field. General IGOs have expertise on a wide variety of topics, such as the UN. IGOs are distinguishable from nongovernmental organizations (NGOs) in that NGOs are formed by two or more individuals rather than by nations.
What 5 groups are included in the World Bank? ›The World Bank Group
- International Bank for Reconstruction and Development (IBRD)
- International Development Association (IDA)
- International Finance Corporation (IFC)
- Multilateral Investment Guarantee Agency (MIGA)
- International Centre for Settlement of Investment Disputes (ICSID)
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Major Non-UN Intergovermental Organizations
There are more than 300 recognized intergovernmental organizations around the world. The following are cited by the United Nations, the largest and most influential intergovernmental organization, as politically significant.
Worldwide or global organizations – generally open to nations worldwide as long as certain criteria are met: This category includes the United Nations (UN) and its specialized agencies, the World Health Organization, the International Telecommunication Union (ITU), the World Bank, and the International Monetary Fund ( ...