World Bank Group
http://www.worldbank.org/
Primary Contact
Marc Sadler
The World Bank ( WB ) is a vital source of financial and technical assistance to developing countries around the world. The institution is made up of two development institutions owned by 185 member countries: The International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but supportive role in the WB mission of global poverty reduction and improvement of living standards. IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. The WB provides low-interest loans,interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.
The International Finance Corporation ( IFC ), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID) are WB affiliate institutions.