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Annual Report 2015

Organizational Information and


Lending Data Appendixes

Contents
Lending Data

Africa: World Bank Lending by Theme and Sector

East Asia and Pacific: World Bank Lending by Theme and Sector

Europe and Central Asia: World Bank Lending by Theme and Sector

Latin America and the Caribbean: World Bank Lending by Theme and Sector

Middle East and North Africa: World Bank Lending by Theme and Sector

South Asia: World Bank Lending by Theme and Sector

10

Africa: World Bank Commitments, Disbursements, and Net Transfers

11

East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers

12

Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers

13

Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers

14

Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers

15

South Asia: World Bank Commitments, Disbursements, and Net Transfers

16

Active Project Portfolio by Region, Theme, and Sector

17

Operations Approved for IBRD and IDA Assistance in Fiscal 2015, by Region and Country

18

World Bank Development Policy Operations

21

World Bank Development Policy Commitments

23

IBRD and IDA Cumulative Lending by Theme and Sector, by Region: Fiscal 201115

24

IBRD and IDA Cumulative Lending, by Country: Fiscal 19452015

26

New Operations Approved

31

Summaries of Operations Approved during Fiscal 2014, All Regions

Income by Region

32

47

Population living below $1.25 and $2 a day (19812011)

48

Share of people living on less than $1.25 a day

49

The number of people living on less than $1.25 a day and between $1.25 and $2 a day

50

Gross Domestic Product per Capita Index (200414)

51

Organizational Information

52

Governors and Alternatives of the World Bank (June 30, 2015)

53

Executive Directors and Alternates of the World Bank and Their Voting Power (June 30, 2015)

58

Development Committee Communique (October 11, 2014)

61

Development Committee Communique (April 18, 2015)

64

Officers of the World Bank (June 30, 2015)

67

Organization Chart of the World Bank (March 2, 2015)

68

Remuneration of Executive Management, Executive Directors, and Staff (Fiscal 2015)

69

Offices of the World Bank

72

International Development Association Membership (June 30, 2015)

89

International Bank for Reconstruction and Development Membership (June 30, 2015)

84

Country Eligibility for Borrowing from the World Bank (July 1, 2015)

89

World Bank Expenditures by Organizational Unit (Fiscal 201115)

92

Contribution: Top-10 Trust Fund Donors (Fiscal 2015)

93

Global Reporting Initiative (GRI) Index G4 Sustainability Reporting


World Bank Lending 2014

94
159

Lending Data
Africa: World Bank Lending by Theme and Sector

East Asia and Pacific: World Bank Lending by Theme and Sector

Europe and Central Asia: World Bank Lending by Theme and Sector

Latin America and the Caribbean: World Bank Lending by Theme and Sector

Middle East and North Africa: World Bank Lending by Theme and Sector

South Asia: World Bank Lending by Theme and Sector

10

Africa: World Bank Commitments, Disbursements, and Net Transfers

11

East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers

12

Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers

13

Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers

14

Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers

15

South Asia: World Bank Commitments, Disbursements, and Net Transfers

16

Active Project Portfolio by Region, Theme, and Sector

17

Operations Approved for IBRD and IDA Assistance in Fiscal 2015, by Region and Country

18

World Bank Development Policy Operations

21

World Bank Development Policy Commitments

23

IBRD and IDA Cumulative Lending by Theme and Sector, by Region: Fiscal 201115

24

IBRD and IDA Cumulative Lending, by Country: Fiscal 19452015

26

Africa: World Bank Lending by Theme and Sector | Fiscal 201115


millions of dollars
Theme
Economic Management
Environment and Natural Resources Management
Financial and Private Sector Development
Human Development

2011

2012

2013

2014

2015

109

23

39

93

485

424

1,005

466

1,176

628

1,462

1,198

1,042

2,052

1,734

744

676

699

1,169

2,582

1,042

869

912

887

1,421

22

96

34

Rural Development

989

907

1,335

1,727

1,498

Social Development, Gender, and Inclusion

131

260

264

246

257

Social Protection and Risk Management

251

939

866

1,057

1,406

Public Sector Governance


Rule of Law

Trade and Integration

790

372

1,360

741

669

Urban Development

1,112

1,253

1,167

1,431

881

Total

7,060

7,525

8,245

10,613

11,569

Sector

2011

2012

2013

2014

2015

Agriculture, Fishing, and Forestry

843

739

970

1,132

947

Education

498

220

626

692

712

Energy and Mining

890

1,374

1,218

1,950

1,010

Finance

107

95

36

397

638

Health and Other Social Services

591

1,125

997

967

2,809

Industry and Trade

433

332

258

480

342

Information and Communications

259

63

106

76

141

1,856

1,874

1,782

2,140

2,975

Transportation

938

351

1,843

1,467

1,239

Water, Sanitation, and Flood Protection

646

1,352

410

1,312

755

7,060

7,525

8,245

10,613

11,569

56

147

42

420

1,209

7,004

7,379

8,203

10,193

10,360

Public Administration, Law, and Justice

Total
Of which IBRD
Of which IDA
Note: Numbers may not add to totals because of rounding.

East Asia and Pacific: World Bank Lending by Theme and Sector | Fiscal 201115
millions of dollars
Theme
Economic Management

2011

2012

2013

2014

2015

161

345

92

30

Environment and Natural Resources Management

1,510

781

683

674

793

Financial and Private Sector Development

1,029

1,048

692

1,370

1,270

Human Development
Public Sector Governance
Rule of Law
Rural Development

311

466

668

776

332

1,596

941

675

680

343

35

1,114

699

1,341

803

1,703

Social Development, Gender, and Inclusion

153

83

462

297

162

Social Protection and Risk Management

259

934

514

614

155

Trade and Integration

562

273

257

192

78

Urban Development

1,268

1,057

863

878

1,502

Total

7,997

6,628

6,247

6,313

6,342

Sector

2011

2012

2013

2014

2015

325

395

185

597

947

Agriculture, Fishing, and Forestry


Education
Energy and Mining
Finance

164

249

579

557

226

1,695

508

736

827

530

32

537

313

68

501

Health and Other Social Services

290

391

542

487

252

Industry and Trade

246

90

271

258

281

Information and Communications

28

53

35

52

67

Public Administration, Law, and Justice

2,221

1,988

1,428

1,263

1,166

Transportation

1,942

1,070

1,098

1,870

1,159

Water, Sanitation, and Flood Protection

1,056

1,348

1,061

333

1,212

Total

7,997

6,628

6,247

6,313

6,342

Of which IBRD

6,370

5,431

3,661

4,181

4,539

Of which IDA

1,627

1,197

2,586

2,131

1,803

Note: Numbers may not add to totals because of rounding.

Europe and Central Asia: World Bank Lending by Theme and Sector | Fiscal 201115
millions of dollars
Theme
Economic Management

2011

2012

2013

2014

2015

363

616

218

338

488

Environment and Natural Resources Management

1,377

547

382

221

374

Financial and Private Sector Development

1,338

1,715

1,220

1,375

2,627

Human Development

601

837

293

640

591

Public Sector Governance

246

949

608

1,054

310

33

17

461

66

428

199

104

330

603

352

88

48

12

27

1,302

355

814

380

1,112

Trade and Integration

368

1,206

737

65

651

Urban Development

208

201

243

786

248

Total

6,125

6,595

5,320

5,527

7,207

Sector

2011

2012

2013

2014

2015

121

60

199

449

146

Rule of Law
Rural Development
Social Development, Gender, and Inclusion
Social Protection and Risk Management

Agriculture, Fishing, and Forestry


Education
Energy and Mining
Finance
Health and Other Social Services
Industry and Trade
Information and Communications

220

95

74

90

329

1,870

1,559

332

1,203

1,414

380

494

1,215

462

930

1,204

1,202

630

552

905

253

229

483

456

858

28

14

13

42

1,663

1,545

1,326

1,708

1,069

Transportation

243

1,280

916

89

1,118

Water, Sanitation, and Flood Protection

142

119

140

507

396

6,125

6,595

5,320

5,527

7,207

5,470

6,233

4,591

4,729

6,679

655

362

729

798

527

Public Administration, Law, and Justice

Total
Of which IBRD
Of which IDA
Note: Numbers may not add to totals because of rounding.

Latin America and the Caribbean: World Bank Lending by Theme and Sector | Fiscal 201115
millions of dollars
Theme

2011

2012

2013

2014

2015

22

274

135

65

144

Environment and Natural Resources Management

1,266

1,032

428

457

146

Financial and Private Sector Development

1,116

382

203

131

260

Human Development

1,553

1,399

995

695

1,100

776

864

1,108

1,549

438

85

75

301

Rural Development

723

816

647

399

329

Social Development, Gender, and Inclusion

206

198

307

394

705

2,454

794

819

543

1,876

Economic Management

Public Sector Governance


Rule of Law

Social Protection and Risk Management


Trade and Integration

154

20

212

72

31

Urban Development

1,274

775

344

763

695

Total

9,629

6,629

5,204

5,068

6,024

Sector

2011

2012

2013

2014

2015

Agriculture, Fishing, and Forestry

213

730

324

228

110

Education

348

1,038

639

672

1,033

Energy and Mining

592

12

140

54

291

Finance
Health and Other Social Services
Industry and Trade
Information and Communications

282

287

154

89

465

3,089

606

891

711

1,596

750

364

164

142

365

109

21

36

Public Administration, Law, and Justice

2,039

2,025

2,084

1,841

1,339

Transportation

1,120

1,235

694

746

361

Water, Sanitation, and Flood Protection

1,088

310

111

586

428

Total

9,629

6,629

5,204

5,068

6,024

9,169

6,181

4,769

4,609

5,709

460

448

435

460

315

Of which IBRD
Of which IDA
Note: Numbers may not add to totals because of rounding.

Middle East and North Africa: World Bank Lending by Theme and Sector | Fiscal 201115
millions of dollars
Theme

2011

2012

2013

2014

2015

35

46

22

Environment and Natural Resources Management

295

200

78

277

778

Financial and Private Sector Development

377

308

979

862

580

Human Development

181

116

300

129

155

Public Sector Governance

197

110

165

427

45

11

189

418

135

237

462

50

89

109

53

103

344

Social Protection and Risk Management

159

249

147

24

428

Trade and Integration

109

40

239

144

Urban Development

241

241

59

30

945

Total

2,065

1,513

2,058

2,788

3,492

Sector

2011

2012

2013

2014

2015

251

203

120

40

119

204

73

445

591

210

1,005

Economic Management

Rule of Law
Rural Development
Social Development, Gender, and Inclusion

Agriculture, Fishing, and Forestry


Education
Energy and Mining
Finance

50

135

210

773

550

Health and Other Social Services

234

390

243

210

600

Industry and Trade

109

59

88

113

225

Information and Communications

50

55

219

Public Administration, Law, and Justice

327

286

334

539

418

Transportation

483

31

431

10

Water, Sanitation, and Flood Protection

520

73

98

174

611

2,065

1,513

2,058

2,788

3,492

1,942

1,433

1,809

2,588

3,294

123

80

249

199

198

Total
Of which IBRD
Of which IDA
Note: Numbers may not add to totals because of rounding.

South Asia: World Bank Lending by Theme and Sector | Fiscal 201115
millions of dollars
Theme

2011

2012

2013

2014

2015

384

Environment and Natural Resources Management

1,230

431

433

1,077

445

Financial and Private Sector Development

2,660

92

243

2,238

2,025

Human Development

838

1,467

1,393

1,783

1,284

Public Sector Governance

661

303

323

655

275

25

90

2,194

2,781

762

2,444

1,151

241

549

211

25

241

1,265

231

797

969

1,600

Economic Management

Rule of Law
Rural Development
Social Development, Gender, and Inclusion
Social Protection and Risk Management
Trade and Integration

622

101

334

154

Urban Development

410

590

186

624

594

10,130

6,446

4,474

10,535

7,860

2011

2012

2013

2014

2015

Agriculture, Fishing, and Forestry

375

1,208

231

533

876

Education

464

1,237

609

1,446

1,162

Energy and Mining

760

1,103

263

2,446

259

Total
Sector

Finance
Health and Other Social Services
Industry and Trade
Information and Communications

46

216

127

195

970

1,299

477

1,061

426

484

376

278

168

359

240

166

24

22

36

Public Administration, Law, and Justice

1,567

1,011

1,037

1,347

1,213

Transportation

3,913

506

553

2,342

1,263

Water, Sanitation, and Flood Protection

1,165

403

401

1,419

1,357

10,130

6,446

4,474

10,535

7,860

Of which IBRD

3,730

1,158

378

2,077

2,098

Of which IDA

6,400

5,288

4,096

8,458

5,762

Total

Note: Numbers may not add to totals because of rounding.

10

Africa: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 201115
millions of dollars

Item
IBRD and IDA commitments
Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

2015

Nigeria
201115

1,475
4,529
934
69
864
44
820

6,393
4,529
2,971
926
2,045
305
1,740

2015

Ethiopia
201115

1,320
3,511
744
19
725
30
696

5,609
3,511
825
408
417
276
141

2015

Tanzania
201115

842
1,969
630
20
610
37
573

2,928
1,969
2,888
52
2,836
148
2,689

Total region
2015
201115
11,569
29,568
7,414
490
6,924
425
6,498

45,012
29,568
32,385
2,237
30,148
1,506
28,642

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional
projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances,
gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are
covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest,
and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief
under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

11

East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 201115
millions of dollars
China
Item
IBRD and IDA commitments
Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

2015
1,822
7,357
1,566
2,150
-585
119
-703

201115
7,977
7,357
3,535
2,442
1,093
1,181
-89

2015

Vietnam
201115

1,534
5,789
1,360
107
1,253
108
1,144

8,554
5,789
6,618
404
6,214
414
5,799

Philippines
2015
201115
917
1,640
1,034
188
846
70
776

3,740
1,640
4,818
1,934
2,883
544
2,340

Total region
2015
201115
6,342
21,608
5,094
2,943
2,151
580
1,571

33,526
21,608
25,991
17,097
8,894
3,235
5,659

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to
regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed
balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual
amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and
principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust
funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

12

Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers I Fiscal 201115
millions of dollars

Item
IBRD and IDA commitments
Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

2015

Ukraine
201115

1,345
1,919
753
232
520
28
492

3,537
1,919
2,657
1,271
1,386
144
1,241

2015

Romania
201115

243
910
879
311
568
69
500

4,693
910
3,936
1,543
2,393
291
2,101

2015

Turkey
201115

1,150
1,437
981
799
182
125
57

5,221
1,437
6,824
3,896
2,928
851
2,077

Total region
2015
201115
7,207
12,777
6,144
2,927
3,216
492
2,725

30,863
12,777
30,844
15,208
15,637
2,897
12,740

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to
regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed
balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual
amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and
principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust
funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

13

Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 201115
millions of dollars
Brazil
Item
IBRD and IDA commitments
Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

2015
550
4,394
1,904
363
1,542
188
1,353

201115
11,391
4,394
6,591
10,887
-4,296
844
-5,140

2015

Colombia
201115

1,400
1,045
1,530
656
874
207
667

3,845
1,045
2,250
824
1,426
253
1,173

2015

Argentina
201115

1,337
2,851
669
686
-17
124
-141

3,558
2,851
3,279
1,373
1,907
413
1,494

Total region
2015
201115
6,024
15,230
6,121
2,820
3,300
962
2,339

32,555
15,230
33,480
20,798
12,682
5,292
7,390

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to
regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed
balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual
amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and
principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust
funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

14

Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 201115
millions of dollars

Item
IBRD and IDA commitments
Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

2015

Morocco
201115

1,055
1,304
592
165
427
56
371

3,890
1,304
7,049
2,758
4,290
1,381
2,909

Egypt, Arab Rep.


2015
201115
1,400
3,841
839
220
620
48
572

3,355
3,841
4,019
57
3,962
105
3,857

2015

Tunisia
201115

300
489
285
150
136
29
107

1,868
489
1,674
802
872
191
681

Total region
2015
201115
3,492
7,565
1,974
871
1,103
170
932

11,915
7,565
8,854
4,167
4,687
969
3,718

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to
regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed
balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual
amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and
principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust
funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

15

South Asia: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 201115
millions of dollars
India
Item

2015

IBRD and IDA commitments


Undisbursed balances
Gross disbursements
Repayments
Net disbursements
Interest and charges
Net transfers

3,785
16,588
2,657
2,217
441
272
169

201115
18,939
16,588
11,620
8,868
2,752
1,454
1,298

Bangladesh
2015
201115
1,924
5,218
870
293
576
84
493

8,384
5,218
12,273
8,251
4,023
919
3,104

2015

Pakistan
201115

1,351
2,826
1,164
403
761
122
640

7,536
2,826
3,658
423
3,235
174
3,061

Total region
2015
201115
7,860
27,411
5,185
3,054
2,131
517
1,614

39,355
27,411
22,649
12,807
9,841
2,596
7,245

Note: The table shows the three countries with the largest IBRD and IDA lending commitments in the region over the past two fiscal years (2014 and 2015). IBRD and IDA commitments do
not include Heavily Indebted Poor Countries (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to
regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed
balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual
amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and
principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust
funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding.

16

Active Project Portfolio by Region, Theme, and Sector | June 30, 2015
Net commitments
($ billions)
54.4
32.3
26.5
27.6
13.5
46.1
0.0

Region
Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
Other
Total

200.4

Net commitments
($ billions)
3.0
23.5
37.7
25.2
12.1
1.2
30.6
6.7
19.4
13.6
27.4

Theme
Economic Management
Environment and Natural Resources Management
Financial and Private Sector Development
Human Development
Public Sector Governance
Rule of Law
Rural Development
Social Development, Gender, and Inclusion
Social Protection and Risk Management
Trade and Integration
Urban Development
Total

200.4

Net commitments
($ billions)
16.1
15.6
30.5
7.5
20.5
6.2
1.6
35.3
41.8
25.4

Sector
Agriculture, Fishing, and Forestry
Education
Energy and Mining
Finance
Health and Other Social Services
Industry and Trade
Information and Communications
Public Administration, Law, and Justice
Transportation
Water, Sanitation, and Flood Protection
Total

200.4

(percent)
27
16
13
14
7
23
0
100

(percent)
2
12
19
13
6
1
15
3
10
7
14
100

(percent)
8
8
15
4
10
3
1
18
21
13
100

Note: Portfolio of projects includes IBRD/IDA operations as well as other trust-funded operations (that is, special financing
operations, global environment facility operations, large recipient-executed operations, Montreal protocol operations) that
are implemented by the World Bank.

17

Operations Approved for IBRD and IDA Assistance in Fiscal 2015, by Region and Country
millions of dollars

Region and country


Africa
Africa (regional)
Angola
Benin
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros
Congo, Dem. Rep.
Congo, Rep.
Cte d'Ivoire
Eastern Africa
Ethiopia
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Liberia
Madagascar
Malawi
Mali
Mauritania
Mozambique
Niger
Nigeria
Rwanda
Senegal
Seychelles
Sierra Leone
South Sudan
Tanzania
Uganda
Zambia
Total
East Asia and Pacific
China
Fiji
Indonesia
Kiribati
Lao PDR
Marshall Islands
Micronesia, Fed. Sts.
Myanmar
Pacific Islands
Philippines

IBRD
Operations
Amount

IDA
Operations
Amount

12

1,936

2
3
3
1
1
2
1
2
4
4
6
3
1
3
4
1
5
2
2
2
2
1
6
2
3
3
3

60
230
72
10
100
22
18
9
487
15
240
354
1,320
5
680
100
5
795
90
95
155
96
15
394
117
975
270
170

500

14

1,209

14
1
2

1,822
50
1,000

1
1
6
4
2
98

1
4
2
2
4
4
3

30
9
842
515
130

12
1
2
3
3
1
1
2
1
2
4
1
4
6
3
1
3
4
1
5
2
2
2
2
1
6
2
4
3
3
2
1
1
6
4
2

1,936
650
60
230
72
10
100
22
18
9
487
60
240
354
1,320
5
680
100
5
795
90
95
155
96
15
394
117
1,475
270
170
14
30
9
842
515
130

10,360

103

11,569

14
1
2
1
4
2
2
4
4
3

1,822
50
1,000
9
83
8
53
700
13
917

650

45

917

18

Total
Operations
Amount

9
83
8
53
700
13

Region and country


Samoa
Solomon Islands
Tonga
Tuvalu
Vanuatu
Vietnam
Total

Europe and Central Asia


Albania
Armenia
Azerbaijan
Belarus
Bosnia and Herzegovina
Central Asia
Croatia
Georgia
Kazakhstan
Kyrgyz Republic
Macedonia, FYR
Moldova
Montenegro
Poland
Romania
Serbia
Tajikistan
Turkey
Ukraine
Uzbekistan
Total
Latin America and the Caribbean
Argentina
Belize
Bolivia
Brazil
Colombia
Dominican Republic
Ecuador
Grenada
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Uruguay
Total

IBRD
Operations
Amount

IDA
Operations
Amount

750

3
3
2
3
2
5

22

4,539

35

5
4
2
2
1

507
247
300
291
50

2
4
3

279
225
228

1
2
1
1
1
3

71
71
69
966
243
444

Total
Operations
Amount

37
24
16
16
61
784

3
3
2
3
2
7

37
24
16
16
61
1,534

1,803

57

6,342

507
247
300
291
50
45
279
225
228
76
71
100
69
966
243
444
72
1,150
1,345
500

2
4
1

1,150
1,345
195

305

5
4
2
2
1
1
2
4
3
4
1
3
1
1
1
3
7
2
4
3

39

6,679

15

527

54

7,207

6
1
1
2
2
2
1
1

1,337
30
100
550
1,400
105
103

6
1
1
2
2
2
1
1
1
2
4
3
2
1
1
2
1

1,337
30
200
550
1,400
105
103

33

6,024

4
3

180
850

1
1
2
1

300
100
455
200

28

5,709

19

45

76

29

72

100

1
2

50
80

85

315

50
80
180
850
85
300
100
455
200

Region and country

Middle East and North Africa


Djibouti
Egypt, Arab Rep.
Jordan
Lebanon
Morocco
Tunisia
Yemen, Rep.
Total

IBRD
Operations
Amount

3
1
2
6
1

13

IDA
Operations
Amount

193

1
3
1
2
6
1
3

5
1,400
50
489
1,055
300
193

198

17

3,492

1
7
1
8
0
5
9
2

22
1,924
20
1,687
3
541
1,351
215

1
7
1
13
0
5
9
2

22
1,924
20
3,785
3
541
1,351
215

1,400
50
489
1,055
300

3,294

Total
Operations
Amount

South Asia
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

2,098

Total

2,098

33

5,762

38

7,860

112

23,528

190

18,966

302

42,495

Overall total

Note: Data include guarantees. Supplemental and additional financing operations (except for projects scaled up through additional financing) are not
counted as separate lending operations, although they are included in the amount. Joint IBRD-IDA operations are counted only once, as IBRD
operations. A blank space indicates zero. Data as of 7/21/2015

20

World Bank Development Policy Operations | Fiscal 2015


millions of dollars
Country

Project ID

Africa

P129282

Operation
Regional Trade Facilitation and Competitiveness Development Policy Operation

IBRD

IDA

Total

100

100

Albania

P149765

Public Finance Policy Based Guarantee

227

227

Angola

P153243

Fiscal Management Programmatic Development Policy Financing

450

450

Angola

P155323

First Fiscal Management Development Policy Financing

200

200

Armenia

P143040

Second Development Policy Operation

75

75

Benin

P146665

Tenth Poverty Reduction Support Credit

20

20

Bhutan

P147806

First Fiscal Sustainability and Investment Climate Development Policy Credit

20

20

Bolivia

P150751

Disaster Risk Management Development Policy Credit and Loan

100

100

200

Bosnia and Herzegovina

P146740

Business Environment Development Policy Loan

50

50

Brazil

P147984

Strengthening Fiscal Management and Promoting Better and More Inclusive Service Delivery

400

400

Burkina Faso

P151275

Fourth Growth and Competitiveness Operation

100

100

Burundi

P150941

Eight Economic Reform Support Grant

25

25

Cabo Verde

P147015

Ninth Poverty Reduction Support Credit

10

10

Colombia

P145766

Second Programmatic Productive and Sustainable Cities Operation

700

700

Colombia

P149609

First Programmatic Sustained Growth and Income Convergence Development Policy Loan

700

700

Comoros

P150924

Second Economic Governance Reform Grant

Cte d'Ivoire

P143781

Second Poverty Reduction Support Credit

70

70

Georgia

P149991

First Programmatic Inclusive Growth Development Policy Operation

60

60

Georgia

P149998

First Programmatic Private Sector Competitiveness Development Policy Operation

60

60

Ghana

P133664

First Macroeconomic Stability for Competitiveness and Growth Development Policy Financing

150

150

Ghana

P155550

First Macroeconomic Stability for Competitiveness and Growth Development Policy Financing

400

400

Guinea

P151794

Emergency Macroeconomic and Fiscal Support Development Policy Operation

50

50

Honduras

P151803

Fiscal Sustainability and Enhanced Social Protection Development Policy Credit

55

55

Indonesia

P145550

Financial Sector Reform and Modernization Development Policy Operation

500

500

Jamaica

P151448

First Competitiveness and Fiscal Management Programmatic Development Policy Loan

75

75

Kiribati

P149888

Second Economic Reform Development Policy Operation

Kyrgyz Republic

P152440

Energy Sector Development Policy Operation

24

24

Liberia

P146619

Second Poverty Reduction Support Development Policy Operation

30

30

Madagascar

P150503

Reengagement Development Policy Operation

45

45

Mali

P145275

First Recovery and Governance Reform Support Operation

63

63

Morocco

P128869

Second Economic Competitiveness Support Program Development Policy Loan

200

200

Morocco

P144185

Second Skills and Employment Development Policy Loan

100

100

Morocco

P148642

Fourth Municipal Solid Waste Sector Development Policy Loan

130

130

Mozambique

P133687

First Programmatic Financial Sector Development Policy Operation

25

25

21

Country

Project ID

Mozambique

P146398

Operation

IBRD

IDA

Total

Second Climate Change Development Policy Operation

50

50

Mozambique

P146537

Tenth Poverty Reduction Support Development Policy Financing

110

110

Mozambique

P146930

Second Agriculture Development Policy Operation

50

50

Nepal

P133777

Post-Disaster Second Financial Sector Stability Credit

100

100

Nigeria

P151480

Edo State Fiscal Improvement and Service Delivery Development Policy Operation

75

75

Nigeria

P151947

Third Lagos State Development Policy Operation

200

200

Pakistan

P151620

Second Fiscally Sustainable and Inclusive Growth Development Policy Credit

500

500

Panama

P151804

First Programmatic Shared Prosperity Development Policy Loan

300

300

Paraguay

P151007

100

100

Peru

P149831

Enhancing Fiscal Mangement, Social Protection, and Financial Inclusion Development Policy Loan with a Deferred
Drawdown Option
Second Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option

400

400

Philippines

P147803

Third Development Policy Loan to Foster More Inclusive Growth

300

300

Poland

P146243

First Resilience and Growth Development Policy Loan

966

966

Rwanda

P151279

Social Protection System Development Policy Credit

70

70

Samoa

P149770

First Fiscal and Economic Reform Development Policy Grant

Serbia

P127408

First Programmatic State-Owned Enterprises Reform Development Policy Loan

100

100

Seychelles

P146567

Third Sustainability and Competitiveness Development Policy Loan

Seychelles

P148861

Disaster Risk Management Development Policy Loan with a Catastrophe Deferred Drawdown Option

Sierra Leone

P146726

Emergency Economic and Fiscal Support Operation

30

30

Solomon Islands

P149886

Economic Reform and Recovery Development Policy Operation

Tanzania

P133798

First Open Government and Public Financial Management Development Policy Operation

100

100

Tonga

P149963

Second Economic Reform Support Development Policy Operation

500

500

500

500

7,207

2,597

9,804

Turkey

P146322

Sustaining Shared Growth Development Policy Operation

Tuvalu

P150194

Second Development Policy Operation

Ukraine

P150677

First Programmatic Financial Sector Development Policy Loan

Total
Note: Numbers may not add to totals because of rounding.

22

World Bank Development Policy Commitments | Fiscal 201115


2011
Region
Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

($ millions)

2012
(percent)

($ millions)

2013
(percent)

($ millions)

2014
(percent)

($ millions)

2015
(percent)

($ millions)

1,357
2,545
3,166
3,613
1,100
175

11
21
26
30
9
1

1,325
3,331
3,934
3,434
350
0

11
27
32
28
3
0

938
1,635
2,529
2,875
1,093
166

10
18
27
31
12
2

926
1,770
2,506
2,832
1,300
1,152

9
17
24
27
12
11

11,956

100

12,375

100

9,236

100

10,487

100

9,924
2,032

83
17

10,547
1,827

85
15

7,282
1,954

79
21

7,997
2,489

76
24

Total

11,956

100

12,375

100

9,236

100

10,487

100

World Bank total lending commitments


IBRD
IDA

26,737
16,269

20,582
14,753

15,249
16,298

18,604
22,239

23,528
18,966

Total

43,006

35,335

31,547

40,843

42,495

Total
World Bank development policy loan commitments
IBRD
IDA

Share of development policy commitments

28

35

Note: Numbers may not add to totals because of rounding.

23

29

26

2440
822
2562
2930
430
620
9,804

7,207
2,597
9,804

(percent)

25
8
26
30
4
6
100

74
26
100

23

IBRD and IDA Cumulative Lending by Theme and Sector, by Region | Fiscal 201115
millions of dollars
Region

IBRD commitmentsa

Africa

East Asia and


Pacific

Europe and
Central Asia

Latin America
and the
Caribbean

Middle East
and North
Africa

South Asia

Total

Theme
72

440

1,992

586

103

3,194

3,167

2,618

3,267

1,610

1,173

11,835

999

4,260

7,868

2,007

2,977

4,783

22,894

26

1,483

2,484

5,465

705

26

10,189

497

3,372

2,933

4,423

897

330

12,452

Rule of Law

967

451

199

1,627

Rural Development

3,489

908

2,363

1,174

1,962

9,898

Economic Management
Environment and Natural Resources Management
Financial and Private Sector Development
Human Development
Public Sector Governance

Social Development, Gender, and Inclusion


Social Protection and Risk Management

853

129

1,753

622

158

3,516

137

2,055

3,683

5,935

789

185

12,784

Trade and Integration

38

926

2,715

471

478

138

4,766

Urban Development

99

4,127

1,405

3,716

1,512

688

11,547

1,873

24,181

27,703

30,437

11,066

9,441

104,701

Total

Sector
Agriculture, Fishing, and Forestry

1,604

456

1,501

572

266

4,400

Education

1,003

689

3,627

312

5,636

Energy and Mining

445

3,419

6,084

933

2,221

1,104

14,205

Finance

505

1,110

3,334

1,229

1,701

551

8,429

Health and Other Social Services

29

1,283

4,045

6,569

1,412

34

13,372

Industry and Trade

26

750

2,137

1,725

567

198

5,402

Information and Communications

49

108

87

136

321

61

762

796

6,158

6,796

8,604

1,724

799

24,877

Public Administration, Law, and Justice


Transportation
Water, Sanitation, and Flood Protection
Total

5,261

3,153

3,803

799

5,160

18,183

10

3,486

922

2,311

1,437

1,269

9,435

1,873

24,181

27,703

30,437

11,066

9,441

104,701

24

Region

IDA commitmentsa

Africa

East Asia and


Pacific

Europe and
Central Asia

Latin America
and the
Caribbean

Middle East
and North
Africa

South Asia

Total

Theme
677

190

31

54

386

Environment and Natural Resources Management

3,700

1,276

283

Financial and Private Sector Development

6,490

1,149

407

62

17

2,445

7,782

85

129

2,475

10,736

Human Development

5,844

1,070

479

277

175

6,739

14,583

Public Sector Governance

4,634
163

862

234

311

47

1,888

7,976

26

38

19

127

374

Rural Development

6,453

2,171

679

551

128

7,369

17,351

Social Development, Gender, and Inclusion

1,158

302

47

55

76

1,110

2,749

Social Protection and Risk Management

4,381

419

280

551

218

4,677

10,527

Trade and Integration

3,894

436

312

18

53

1,073

5,787

Urban Development

5,745

1,442

281

134

1,716

9,322

43,139

9,345

3,071

2,118

849

30,004

88,525

Agriculture, Fishing, and Forestry

4,630

845

518

104

2,958

9,059

Education

2,742

773

119

102

124

4,918

8,778

Energy and Mining

5,997

877

294

155

30

3,727

11,079

Economic Management

Rule of Law

Total

1,338

Sector

768

341

146

48

18

1,003

2,323

Health and Other Social Services

6,460

678

447

324

266

3,714

11,888

Industry and Trade

1,820

395

142

61

27

1,222

3,667

Finance

596

126

15

33

195

967

Public Administration, Law, and Justice

9,831

1,908

514

725

180

5,375

18,532

Transportation

5,831

1,879

493

353

159

3,417

12,132

Water, Sanitation, and Flood Protection

4,465

1,524

382

213

38

3,476

10,099

43,139

9,345

3,071

2,118

849

30,004

88,525

Information and Communications

Total

Note: Figures are cumulative since fiscal 2011, the first year for which reclassified sector and theme data are available. Starting fiscal 2005, lending includes guarantees and guarantee facilities. Amounts may not
add to totals because of rounding.
a. No account is taken of cancellations subsequent to the original commitment. IBRD loans to IFC are excluded.

25

IBRD and IDA Cumulative Lending, by Country | Fiscal 19452015


millions of dollars

Country

IBRD

IDA

IBRD/IDA

Amount

Amount

Amount

Afghanistan
Africa (regional)

3,022

3,022

324

10,304

10,628

Albania

1,080

950

2,030

Algeria

5,892

Angola

650

Antigua and Barbuda

5,892
1,024

10

Argentina

10

30,614

Armenia

730

Australia

418

Austria

30,614
1,408

2,658

Bahamas, The

106
1,128

43

Bangladesh

46

Barbados

2,137
418

106

Azerbaijan

1,674

3,786
43

23,503

23,549

153

153

Belarus

1,426

1,426

Belgium

76

76

131

131

Belize
Benin
Bhutan

1,828

1,828

296

296

Bolivia

414

2,613

3,027

Bosnia and Herzegovina

345

1,440

1,785

Botswana

896

16

912

Brazil
Bulgaria

58,837

58,837

2,933

2,933

Burkina Faso

3,815

3,817

Burundi

1,846

1,850

899

899

54

367

420

1,348

2,288

3,636

45

45

723

723

Cambodia
Cabo Verde
Cameroon
Central Asia
Central African Republic
Central America (regional)
Chad

40

32

32

1,233

1,273

Chile

4,156

19

4,175

China

45,882

9,947

55,828

Colombia

21,719

20

21,739

177

177

Congo, Dem. Rep.

330

6,276

6,606

Congo, Rep.

262

573

835

Comoros

Costa Rica

1,836

1,842

Cte d'Ivoire

2,888

3,688

6,575

Croatia

4,230

4,230

Cyprus

419

419

26

Country
Czech Republic

IBRD

IDA

IBRD/IDA

Amount

Amount

Amount

776

Denmark

776

85

Djibouti
Dominica
Dominican Republic

244

40

46

2,138

22

2,160

17

17

3,658

37

3,695

13,217

1,984

15,201

2,323

26

2,348

East Asia (regional)


Ecuador
Egypt, Arab Rep.
El Salvador

85
244

Equatorial Guinea
Eritrea

45

45

549

549

Estonia

151

151

Ethiopia

109

Fiji

203

203

Finland

317

317

14,443

14,551

France

250

250

Gabon

285

285

Gambia, The

363

363

Georgia

834

1,550

2,383

Ghana

207

8,682

8,889

Greece

491

Grenada

27

Guatemala

491
62

3,368

Guinea

75

Guinea-Bissau
Guyana
Haiti
Honduras
Hungary
Iceland

89
3,368

1,741

1,817

418

418

80

391

471

1,651

1,654

717

2,245

2,962

5,661

5,661

47

47

India

52,736

49,399

102,135

Indonesia

47,594

2,875

50,469

Iran, Islamic Rep.

3,413

Iraq

761

3,413
509

1,270

Ireland

153

153

Israel

285

285

Italy
Jamaica
Japan

400

400

2,615

2,615

863

863

Jordan

3,680

Kazakhstan

7,039

Kenya

1,181

8,670
58

58

15,587

111

15,698

Kiribati
Korea, Rep.
Kosovo
Kyrgyz Republic

27

85

3,766
7,039
9,851

180

180

1,252

1,252

Country

IBRD

IDA

IBRD/IDA

Amount

Amount

Amount

Lao PDR

1,374

Latvia
Lebanon

1,374

985

985

2,083

2,083

Lesotho

155

603

758

Liberia

156

1,114

1,270

Lithuania

491

491

12

12

Luxembourg
Macedonia, FYR
Madagascar
Malawi
Malaysia

1,336

379

1,714

33

3,766

3,799

124

3,671

4,151

Maldives
Mali

Malta

Marshall Islands

3,795
4,151

188

188

3,282

3,284
8

11

11

Mauritania

146

1,138

1,284

Mauritius

828

20

848

Mexico

54,065

Micronesia, Fed
Moldova

382

Mongolia
Montenegro
Morocco

53

768

1,150

672

672

310

75

385

14,730

51

14,781

5,813

5,813

2,306

2,339

4,502

4,502

Mozambique
Myanmar

33

Namibia

15

Nepal
Netherlands

54,065
53

15

244

New Zealand

127

Nicaragua

234

Niger
Nigeria

7,143

Norway

145

95

OECS countries
Oman

244
127
1,895

2,128

2,393

2,393

12,176

19,319
145

177

157

Pacific Islands
Pakistan

8,362

Panama

2,631

Papua New Guinea


Paraguay

271
157

13

13

19,294

27,656
2,631

787

485

1,606

46

1,271
1,651

Peru

10,084

Philippines

17,299

Poland

14,655

14,655

1,339

1,339

Portugal

10,084
294

17,593

Romania

12,847

12,847

Russian Federation

14,151

14,151

28

Country

IBRD

IDA

IBRD/IDA

Amount

Amount

Amount

Rwanda

2,912

2,912

Samoa

242

242

So Tom and Prncipe

109

109

165

3,995

4,160

2,149

689

2,838

Senegal
Serbia
Seychelles

57

Sierra Leone

19

57
1,181

1,200

Singapore

181

181

Slovak Republic

425

425

Slovenia

178

178

Solomon Islands

112

112

Somalia

492

492

South Africa

4,053

South Asia (regional)


Southeastern Europe (regional)

10

South Sudan

4,053
766

766

91

101

124

Spain

479

Sri Lanka

124
479

526

5,073

5,599

St. Kitts and Nevis

23

25

St. Lucia

37

70

107

St. Vincent and the Grenadines

12

59

71

Sudan

166

1,353

1,519

Swaziland

152

160

Syrian Arab Republic

613

47

661

Taiwan, China

329

15

345

789

789

Tanzania

319

11,115

11,434

Thailand

9,143

125

9,268

Tajikistan

Timor-Leste

15

83

98

Togo

20

1,155

1,175

126

126

Tonga
Trinidad and Tobago

334

334

Tunisia

7,896

75

7,971

Turkey

37,812

179

37,990

Turkmenistan

90

Tuvalu

90
36

Uganda

Ukraine

10,239

10,239

Uruguay

4,223

4,223

Uzbekistan

1,207

Vanuatu
Venezuela, RB

3,328

Vietnam

2,818

Yemen, Rep.
Yugoslavia

8,277

36

1,385

2,592

80

80
3,328

17,246

20,064

3,872

3,872

6,091

Zambia

679

29

8,286

6,091
3,670

4,349

Country
Zimbabwe

IBRD

IDA

IBRD/IDA

Amount

Amount

Amount

983

Overall total

629,007

662
309,900

1,645
938,907

Note: Effective fiscal 2005, lending includes guarantees and guarantee facilities. Commitments in regional projects are classified in
this table as regional projects and are not counted as commitments of the individual countries involved under the regional project. IDA
figures exclude the HIPC grants of $45.5 million to Cte d'Ivoire in fiscal 2009.
A blank space indicates zero. Project counts for countries are not included in this table, as approved operations may be reclassified
as supplemental or additional financing operations during the life of the project. Consequently, total project counts may fluctuate from
year to year. The commitment totals to countries, however, remain constant regardless of the project's classification.
a. OECS = Organization of Eastern Caribbean States.

30

New Operations Approved


Summaries of Operations Approved during Fiscal 2015, All Regions

31

32

Summaries of Operations Approved during Fiscal 2015

Region

Project ID

Date of
Approval

First/Last
Maturity Datea

P132821

7/16/2014

P152359

9/16/2014

P150006

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

IPF

Yes

92.1

59.8

IPF

105.0

69.3

10/21/2014

2021/2052

IPF

Yes

Yes

75.0

49.4

IBRD
(US$)

Country

Project Name and Development Objectives

AFR

Africa
(Regional)

Central African Backbone Program (Fifth Phase) contributes to increase the


geographical reach and usage of regional broadband infrastructure and to reduce
the price of services to enable more people in the DRC to access information and
communication technology services.

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

Southern African Power Pool (SAPP)Program for Accelerating


Transformational Energy Projects advance the preparation of selected priority
regional energy projects in the SAPP participating countries.

P126661

11/11/2014

IPF

20.0

13.2

AFR

Africa
(Regional)

Ebola Emergency Response Project (additional financing)g contributes in the


short term to the control of the Ebola Virus Disease (EVD) outbreak and the
availability of selected essential health services, and mitigates the socioeconomic
impact of EVD in Guinea, Liberia, and Sierra Leone.

P152980

11/18/2014

IPF

Yes

285.0

192.9

AFR

Africa
(Regional)

Kariba Dam Rehabilitation Project assist in improving the safety and reliability of
the Kariba Dam.

P146515

12/9/2014

2021/2052

IPF

Yes

75.0

50.6

P150080

12/18/2014

2021/2052
-

c
g

IPF

Yes

170.2

115.4

P132123

2/27/2015

2021/2052
-

c
g

IPF

Yes

75.5

50.9

P126773

3/16/2015

IPF

Yes

22.0

15.7

P154549

4/23/2015

2021/2053
-

c
g

IPF

Yes

Yes

34.8

24.8

P145566

4/29/2015

2021/2053

IPF

Yes

69.0

49.1

P146830

4/29/2015

2021/2052
2021/2053

c
c

IPF

Yes

200.0

142.3

P130871

5/22/2015

2021/2053

IPF

Yes

75.0

54.4

Ebola Emergency Response Projectf contributes in the short term to the control of
the Ebola Virus Disease (EVD) outbreak and the availability of selected essential
health services, and mitigates the socioeconomic impact of EVD in Guinea, Liberia,
and Sierra Leone.
Regional Pastoral Livelihoods Resilience Project enhances livelihood resilience
of pastoral and agro-pastoral communities in cross-border drought prone areas and
improves the capacity of governments to respond promptly and effectively to an
eligible emergency.

Sahel Women's Empowerment and Demographics Projecth increases women


and adolescent girls empowerment and access to quality reproductive, child, and
maternal health services in selected areas of the participating countries, through
improving regional knowledge generation and sharing as well as regional capacity
and coordination.
First South West Indian Ocean Fisheries Governance and Shared Growth

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

AFR

Africa
(Regional)

Lake Victoria Environmental Management Project (Second Phase)l improves


the collaborative management of the trans-boundary natural resources among
partner states and the environmental management of targeted pollution hotspots
and selected degraded sub-catchments.

P153466

5/26/2015

2021/2053
-

c
g

IPF

Yes

Yes

22.0

16.1

AFR

Africa
(Regional)

Regional Sahel Pastoralism Support Projectm improves access to essential


productive assets, services, and markets for pastoralists and agro-pastoralists
across six countries, and strengthens country capacities to respond effectively to
pastoral emergencies.

P147674

5/26/2015

2021/2053
-

c
g

IPF

Yes

248.0

180.2

AFR

Africa
(Regional)

P149526

6/11/2015

2021/2053
-

c
g

IPF

Yes

121.0

87.5

AFR

Africa
(Regional)

P148853

6/11/2015

2021/2053

IPF

Yes

500.0

362.5

AFR

Africa
(Regional)

P129282

6/16/2015

2021/2053

DPL

100.0

AFR

Angola

Projecti improves the management effectiveness of priority fisheries and the


community, regional, and national levels.
West Africa Regional Fisheries Program (First Phase)j strengthens the
governance and management of targeted fisheries and improves the handling of
landed catch at selected sites.
Sahel Women's Empowerment and Demographics Project (additional Financing
to include Burkina Faso) increases women and adolescent girls empowerment and
access to quality reproductive, child, and maternal health services, through
improving regional knowledge generation and sharing as well as regional capacity
and coordination.
Southern Africa Trade and Transport Facilitation Program (Second Phase)
facilitates the movement of goods and people along the North-South Corridor and at
key border crossings in Malawi, while supporting road safety and health services
improvements along the corridor.
OMVG Interconnection Projectk enables electricity trade between The Gambia,
Guinea, Guinea-Bissau, and Senegal.
Regional Communications Infrastructure Program (Fifth Phase) supports
Uganda's efforts to lower prices for international capacity and extend the reach of
broadband networks and to improve government efficiency and transparency
through e-Government applications.

Sahel Malaria and Neglected Tropical Diseases Projectn increases access to


and use of harmonized community-level services for the prevention and treatment
of malaria and selected neglected tropical diseases in targeted cross-border areas
in the Sahel region.
Eastern Africa Regional Transport, Trade, and Development Facilitation
Project (Second Phase) improves the movement of goods and people along the
Eldoret-Nadapal/Nakodok road in Kenya, and enhances connectivity between
Kenya and South Sudan.
Regional Trade Facilitation and Competitiveness Development Policy
Operationo reduces trade transaction costs along the Abidjan-Ouagadougou
corridor.
First Fiscal Management Programmatic Development Policy Operation
strengthens the country's fiscal management to create the fiscal space needed to
better protect the poor and vulnerable.

AFR

Angola

First Fiscal Management Development Policy Operation strengthens the


country's fiscal management to create the fiscal space needed to better protect the
poor and vulnerable.

AFR

Benin

Tenth Poverty Reduction Support Credit promotes good governance and highquality public financial management and strengthens private-sector competitiveness.

P153243

6/30/2015

2025/2044

DPL

450.0

P155323

6/30/2015

gu

DPL

200.0

P146665

3/17/2015

2021/2053

DPL

Yes

32

20.0

14.2

Region

Country

AFR

Benin

AFR

Burkina Faso

Project Name and Development Objectives


Emergency Urban Environment Project improves infrastructure and mitigates the
negative environmental impact of floods in Cotonou Agglomeration and increases
preparedness for future flooding.
Urban Water Sector Project increases access to sustainable water and sanitation
services in selected urban areas.

Project ID

Date of
Approval

First/Last
Maturity Datea

P154601

5/29/2015

2021/2053

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

IPF

Yes

Yes

40.0

29.0

IBRD
(US$)

P149556

1/12/2015

IPF

Yes

80.0

52.7

P148062

4/2/2015

IPF

Yes

50.0

35.5

AFR

Burkina Faso

Education Access and Quality Improvement Project increases access to


preschool education in the two poorest regions and to secondary education in the
five poorest regions, and improves teaching and learning.

AFR

Burkina Faso

Fourth Growth and Competitiveness Development Policy Operation enhances


the government's ability to reduce costs in the agriculture and transport sectors,
improve transparency and accountability in public resource mobilization and
management, and reduce vulnerability to shock.

P151275

4/2/2015

2021/2052
-

c
g

DPL

Yes

100.0

71.0

AFR

Burundi

Eighth Economic Reform Support Grant strengthens public finance management


and budget transparency, promotes private-sector development and economic
diversification, and strengthens safety nets systems.

P150941

1/13/2015

DPL

Yes

25.0

17.1

AFR

Burundi

Infrastructure Resilience Emergency Project enhances the climate resilience of


key transport and drainage infrastructure in Greater Bujumbura while strengthening
the country's capacity to manage and prevent natural disasters.

P150929

3/31/2015

IPF

Yes

25.0

17.8

AFR

Burundi

Strengthening Institutional Capacity for Government Effectiveness Project


strengthens government institutional capacity to improve fiscal management.

P149176

4/22/2015

IPF

Yes

22.0

15.7

AFR

Cabo Verde

Ninth Poverty Reduction Support Credit strengthens the country's fiscal position,
rebuilding fiscal space to secure macro-fiscal sustainability, and enables the private
sector to strengthen the country's economic growth potential.

P147015

6/16/2015

2025/2055

DPL

10.0

7.2

AFR

Cameroon

Agriculture Investment and Market Development Project supports the


transformation of low productivity, subsistence-oriented cassava, maize, and
sorghum sub-sectors into commercially-oriented and competitive value chains in
four agro-ecological areas.

P143417

9/25/2014

2019/2039

IPF

Yes

100.0

64.6

AFR

Central African
Republic

P154304

5/19/2015

IPF

Yes

Yes

10.0

7.3

AFR

Central African
Republic

P153030

5/22/2015

IPF

Yes

Yes

12.0

8.7

P151215

10/14/2014

IPF

Yes

18.0

11.9

P150754

3/19/2015

IPF

Yes

6.0

4.2

P150924

6/2/2015

DPL

Yes

3.0

2.2

P147555

12/18/2014

2021/2052
-

c
g

IPF

Yes

220.0

148.9

AFR

Chad

AFR

Comoros

AFR

Comoros

AFR

Congo, Dem. Rep.

AFR

Congo, Dem. Rep.

AFR

Congo, Dem. Rep.

AFR

Congo, Dem. Rep.

AFR

Congo, Rep.

AFR

Cte d'Ivoire

AFR

Cte d'Ivoire

AFR

Cte d'Ivoire

AFR

Cte d'Ivoire

AFR

Ethiopia

Emergency Public Services Response Project reestablishes an operational


government payroll and related fiscal management systems.
Health System Support Project increases utilization and improves the quality of
maternal and child health services in targeted rural areas and provides emergency
health services to the general population.
Emergency Food and Livestock Crisis Response Project improves the
availability of and access to food and livestock productive capacity for targeted
beneficiaries affected by the conflict in the Central African Republic on the
Recipient's territory.
Comoros Social Safety Net Project increases the access by poor communities to
safety net and nutrition services.
Second Economic Governance Reform Development Policy Operation
strengthens economic management, promotes transparency, and enhances
performance in the electricity and information and communication technology
sectors.
Health System Strengthening for Better Maternal and Child Health Results
Project improves utilization and quality of maternal and child health services in
targeted areas within the country.
Goma Airport Safety Improvement Project improves the safety, security, and
operations of Goma International Airport.
Reinsertion and Reintegration Project supports the socio-economic reintegration
of demobilized ex-combatants.

P153085

3/13/2015

IPF

Yes

52.0

36.9

P152903

5/15/2015

IPF

Yes

15.0

10.9

Quality and Relevance of Secondary and Tertiary Education Project improves


the teaching and learning of mathematics and science in general secondary
education and enhances the relevance of technical and vocational education and
training in priority sectors at secondary and tertiary levels.

P149233

5/26/2015

2021/2053
-

c
g

IPF

Yes

200.0

145.1

Water, Electricity, and Urban Development Project increases access to basic


infrastructure services, safe drinking water, and electricity for the inhabitants of
targeted areas in the cities of Brazzaville and Pointe Noire.

P147456

9/16/2014

2023/2045
2019/2039

l
c

IPF

Yes

Yes

15.0

9.8

P147740

11/25/2014

2021/2052
-

c
g

IPF

Yes

70.0

47.4

P143781

12/4/2014

2021/2052

DPL

Yes

70.0

47.3

P151844

3/26/2015

2021/2052

IPF

Yes

Yes

50.0

35.5

Productive Social Safety Net Project provides cash transfers to poor households
in selected regions and develops the foundations of a social safety net system.

P143332

5/29/2015

2021/2053

IPF

Yes

50.0

36.3

Fourth Productive Safety Next Project increases access to safety net and
disaster risk management systems, complementary livelihoods services, and
nutrition support for food insecure households in rural Ethiopia.

P146883

9/30/2014

2020/2052

IPF

Yes

600.0

391.9

Health Systems Strengthening and Ebola Preparedness Project strengthens the


health system and improves the utilization and quality of health and nutrition
services in selected regions.
Second Poverty Reduction Support Credit strengthens governance, improves
public administration, and facilitates private-sector-led growth.
Youth Employment and Skills Development Project improves access to
temporary employment and skills development opportunities for young men and
women.

33

45.0

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

Ethiopia

Second Agricultural Growth Project increases agricultural productivity and


commercialization of small-holder farmers targeted by the project.

P148591

3/31/2015

2021/2053

IPF

Yes

350.0

248.3

AFR

Ethiopia

Expressway Development Support Project enhances efficiency and safety in


transportation along the Batu (Zeway)-Arsi Negele section of the Modjo-Hawassa
development corridor, while strengthening capacity to develop and manage high
capacity expressways.

P148850

5/19/2015

2021/2053

IPF

Yes

370.0

262.9

AFR

Gambia, The

Maternal and Child Nutrition and Health Results Project increases the utilization
of community nutrition and primary maternal and child health services in selected
regions.

P154007

4/24/2015

2021/2053
-

c
g

IPF

Yes

Yes

5.0

3.6

Ghana

Transport Sector Project improves the mobility of goods and passengers on


selected roads through reduced travel time, reduced vehicle operating costs, and
enhanced road safety.

P149444

11/4/2014

2020/2039

IPF

Yes

Yes

25.0

16.2

AFR

Ghana

Energy Development and Access Project improves the operational efficiency of


the electricity distribution system, increases access to electricity, and helps the
country transition to a low-carbon economy through the reduction of greenhouse
gas emissions.

P147878

4/30/2015

2020/2039

IPF

Yes

Yes

60.0

42.7

AFR

Ghana

Public Financial Management Reform Project improves the budget management,


financial controls, and reporting capacity of the government.

P151447

5/15/2015

2020/2040

IPF

45.0

32.7

AFR

Ghana

First Macroeconomic Stability for Competitiveness and Growth Development


Policy Operation strengthens institutions for more predictable fiscal outcomes and
enhances the productivity of public spending.

P133664

6/30/2015

2020/2040

DPL

Yes

150.0

106.7

AFR

Ghana

P155550

6/30/2015

gu

DPL

Yes

400.0

AFR

Guinea

P146474

9/30/2014

IPF

Yes

20.0

13.1

AFR

Guinea

P148114

9/30/2014

IPF

Yes

15.0

9.8

AFR

Guinea

P151794

11/13/2014

2021/2052
-

c
g

DPL

50.0

33.8

AFR

Guinea

P147758

5/20/2015

2021/2053
-

c
g

IPF

Yes

15.1

11.1

P150827

3/24/2015

2021/2052
-

c
g

IPF

Yes

5.0

3.5

P145234

7/24/2014

2020/2052

IPF

Yes

50.0

32.5

Region
AFR

AFR

First Macroeconomic Stability for Competitiveness and Growth Policy-Based


Guarantee strengthens institutions for more predictable fiscal outcomes and
enhances the productivity of public spending.
Stepping Up Skills Project boosts the employability and employment outcomes of
Guinean youth in targeted skills programs.
Agriculture Sector Support Project strengthens the capacity of selected sector
institutions to support the effective implementation of the country's National
Agriculture and Food Security Investment Plan.
Emergency Macroeconomic and Fiscal Support Operation strengthens the
government's ability to manage public funds in response to the Ebola crisis and
related macroeconomic and fiscal shocks, in alignment with the government's Ebola
response plan.
Primary Health Services Improvement Project improves the utilization of
maternal, child heath, and nutrition services at the primary level of care in targeted
regions.
Public Sector Strengthening Project assists the Government to re-establish basic
systems for public financial management.
Kenya Petroleum Technical Assistance Project strengthens the capacity of the
government to manage its petroleum sector and wealth for sustainable
development impacts.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

AFR

Guinea-Bissau

AFR

Kenya

AFR

Kenya

Coastal Region Water Security and Climate Resilience Project sustainably


increases bulk water supply to Mobasa County and Kwale County, and increases
access to water and sanitation in Kwale County.

P145559

12/16/2014

2021/2052

IPF

Yes

200.0

131.8

AFR

Kenya

Electricity Modernization Project increases access to electricity, improves


reliability of electricity services, and strengthens Kenya Power's financial situation.

P145104

3/31/2015

gu

IPF

200.0

AFR

Kenya

Electricity Modernization Project increases access to electricity, improves


reliability of electricity services, and strengthens Kenya Power's financial situation.

P120014

3/31/2015

2021/2052

IPF

Yes

250.0

172.6

AFR

Kenya

Financial Sector Support Project strengthens the legal, regulatory, and


institutional environment for improved financial stability, and access to, and provision
of affordable and long-term financing.

P151816

4/30/2015

2021/2053

IPF

37.0

26.3

AFR

Kenya

Kenya Water Security and Climate Resilience Project increases the availability
and productivity of irrigation water, and enhances the institutional framework and
strengthens capacity for water security and climate resiliance in selected areas.

P151660

6/26/2015

2021/2053

IPF

Yes

Yes

58.0

41.3

AFR

Liberia

Second Poverty Reduction Support Credit sustains and deepens efforts to


reform governance and civil service, and supports the broadening of reforms to
include economic transformation and human development in the context of the
implementation of the government's second Poverty Reduction Strategy.

P146619

11/12/2014

2021/2052
-

c
g

DPL

Yes

30.0

20.3

AFR

Liberia

Accelerated Electricity Expansion Project increases access to electricity and


strengthens institutional capacity in the electricity sector.

P153124

6/24/2015

2021/2053

IPF

Yes

Yes

60.0

42.7

AFR

Madagascar

Second Integrated Growth Poles and Corridor Program contributes to increased


economic opportunities and access to enabling infrastructure services, as measured
by an increase in jobs and formal firms.

P113971

12/18/2014

2021/2052

IPF

Yes

50.0

33.8

AFR

Madagascar

P150503

12/18/2014

2021/2052

DPL

Yes

45.0

30.5

P148617

3/26/2015

2021/2052
-

c
g

IPF

Yes

Yes

75.0

53.2

P154803

5/7/2015

2021/2053
-

c
g

IPF

Yes

80.0

58.0

AFR

Malawi

AFR

Malawi

Reengagement Development Policy Operation improves the efficiency and


transparency of public service delivery.
Strengthening Safety Nets Systems Project - Fourth Malawi Social Action
Fund strengthens the country's social safety net delivery systems and coordination
across programs.
Malawi Floods Emergency Recovery Project sustainably restores agricultural
livelihoods, reconstructs critical public infrastructure to improved standards in floodaffected districts, and improves the government's disaster response and recovery
capacities.

34

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

AFR

Mali

First Recovery and Governance Reform Support Operation deepens executive


accountability and transparency and improves public expenditure efficiency.

P145275

11/18/2014

2021/2052
-

c
g

DPL

Yes

63.0

40.7

AFR

Mali

Higher Education Support Project improves the relevance of selected higher


education programs and the stewardship of the country's higher education system.

P151318

5/7/2015

2021/2053
-

c
g

IPF

Yes

33.0

23.5

AFR

Mauritania

Social Safety Net System Project supports the establishment of key building
blocks of the national social safety net system and provides targeted cash transfers
to extremely poor households.

P150430

5/14/2015

IPF

Yes

15.0

10.7

AFR

Mozambique

First Programmatic Financial Sector Development Policy Operation reinforces


financial stability, increases access to finance by households and firms, and
enhances the development of long-term financial markets.

P133687

7/15/2014

2020/2052
-

c
g

DPL

25.0

16.2

AFR

Mozambique

Conservation Areas for Biodiversity and Development Project increases the


effective management of designated conservation areas and enhances the living
conditions of communities in and around the conservation areas.

P131965

11/18/2014

IPF

Yes

40.0

26.4

AFR

Mozambique

Tenth Poverty Reduction Support Development Policy Operation assists the


government to improve the business climate and to increase transparency in the
management of extractive industries; strength social protection; and enhance public
finance management.

P146537

12/5/2014

2021/2052
-

c
g

DPL

Yes

110.0

74.6

AFR

Mozambique

Second Climate Change Development Policy Operation builds effective


institutional and policy frameworks for climate resilient development.

P146398

12/23/2014

2021/2052
-

c
g

DPL

Yes

50.0

34.0

AFR

Mozambique

Second Agriculture Development Policy Operation improves agricultural


technology, enhances access to productive assets and financial services, and
improves sector performance monitoring.

P146930

3/30/2015

2021/2053

DPL

Yes

50.0

34.2

AFR

Mozambique

Roads and Bridges Management and Maintenance Program (Second Phase)


improves access of the population to all-season roads through maintenance,
rehabilitation, and upgrading of the classified road network.

P150956

3/31/2015

2021/2052

IPF

Yes

Yes

73.6

52.3

AFR

Mozambique

Higher Education Science and Technology Project increases the number and
quality of graduates at the undergraduate and graduate levels, strengthens national
research capacities in support of strategic economic sectors, and strengthens the
institutional framework for technical and vocational education and training.

P146602

4/28/2015

IPF

Yes

Yes

45.0

32.0

AFR

Niger

Agro-Sylvo-Pastoral Exports and Markets Development Project increases the


value of selected products marketed by project-supported producers.

P148681

8/5/2014

2021/2052

IPF

Yes

Yes

13.8

9.0

AFR

Niger

Population and Health Support Project increases the utilization of reproductive


health and nutrition services in targeted areas.

P147638

5/22/2015

2021/2053
-

c
g

IPF

Yes

103.0

74.8

AFR

Nigeria

Development Finance Project increases the availability and access to finance for
micro, small, and medium enterprises through eligible financial intermediaries with
the support of a new wholesale development finance institution.

P146319

9/25/2014

2020/2042

IPF

500.0

AFR

Nigeria

P154660

4/10/2015

2020/2039

IPF

Yes

Yes

200.0

142.2

AFR

Nigeria

Region

Polio Eradication Support Project assists the country to achieve and sustain at
least 80 percent coverage with oral polio vaccine immunization in every state and
sustain national routine immunization coverage.
Saving One Million Lives Initiative increases the utilization and quality of high
impact reproductive, child health, and nutrition interventions.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

P146583

4/23/2015

2020/2040

PforR

Yes

500.0

354.7

P151480

4/29/2015

2020/2039

DPL

Yes

75.0

53.3

AFR

Nigeria

Edo State Fiscal Improvement and Service Delivery Development Policy


Operation supports the implementation of critical policy and institutional reforms to
improve the management of public resources, increase private sector access to
land for investment, and improve the quality of education.

AFR

Nigeria

Third Lagos State Development Policy Operation supports the government in its
endeavor to improve public finances and the investment climate, which is expected
to contribute to sustained rapid economic growth and poverty reduction in a fiscally
sustainable manner.

P151947

6/26/2015

2020/2040

DPL

Yes

200.0

142.3

AFR

Rwanda

Transformation of Agriculture Sector Program (Phase III) increases and


intensifies the productivity of the country's agricultural and livestock sectors and
expands the development of value chains.

P148927

10/31/2014

2021/2052

PforR

Yes

100.0

65.9

AFR

Rwanda

Public Sector Governance Program enhances public financial management and


statistics systems to improve transparency and accountability in the use of public
funds, revenue mobilization, and the quality and accessibility of development data.

P149095

10/31/2014

2021/2052

PforR

Yes

100.0

65.9

AFR

Rwanda

Social Protection System Operation supports the Government to improve the


efficiency, accountability, and coverage of its social protection system.

P151279

1/22/2015

2021/2052

DPL

Yes

70.0

47.9

AFR

Senegal

Public Financial Management Strengthening Technical Assistance Project


enhances budget credibility, transparency, and accountability mechanisms in the
use and management of central government financial resources.

P146859

7/31/2014

2020/2052

IPF

Yes

Yes

30.0

19.5

AFR

Senegal

Skills for Jobs and Competitiveness Project strengthens the technical and
vocational education and training system and improves the employability of youth in
selected priority sectors of the economy.

P145585

12/8/2014

2021/2052

IPF

Yes

35.0

23.7

Senegal

Stormwater Management and Climate Change Adaptation Project improves


flood prevention management in peri-urban areas of Dakar and promotes city
sustainability management practices, including climate resilience, in two selected
urban areas.

P152150

5/27/2015

2021/2053

IPF

Yes

Yes

35.0

25.4

AFR

35

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Country

Project Name and Development Objectives

Project ID

Date of
Approval

AFR

Senegal

Urban Water and Sanitation Project improves access to water and sanitation
services in selected urban areas in a financially sustainable manner.

P150351

6/15/2015

2021/2053

IPF

Yes

AFR

Seychelles

Third Sustainability and Competitiveness Development Policy Operation


enhances the country's competitiveness and improves fiscal sustainability.

P146567

9/26/2014

2025/2040

DPL

Yes

7.0

AFR

Seychelles

Disaster Risk Management Development Policy Operation with a Catastrophe


Deferred Drawdown Option strengthens the government's disaster risk
management policy and reform agenda and enhances its capacity to efficiently
respond to disasters.

P148861

9/26/2014

2025/2033

DPL

7.0

AFR

Sierra Leone

Emergency Economic and Fiscal Support Operation ensures that the


government's Ebola response plan can be executed through adequate budgeting
and transparent use of resources, consistent with strengthening longer-term fiscal
management and transparency.

P146726

12/17/2014

DPL

Yes

AFR

South Sudan

P144139

7/16/2014

2021/2052

IPF

Yes

9.0

5.9

AFR

Tanzania

P147486

7/10/2014

2020/2052

PforR

Yes

122.0

78.8

AFR

Tanzania

Science and Technology Higher Education Project increases the quantity and
quality of higher education graduates and lays the foundation for improved
responsiveness of tertiary education to the labor market.

P149464

7/10/2014

2020/2052

IPF

Yes

Yes

15.0

9.8

AFR

Tanzania

Housing Finance Project develops the housing mortgage finance market through
the provision of medium and long-term liquidity to mortgage lenders.

P151220

2/24/2015

2021/2053

IPF

Yes

Yes

60.0

41.5

AFR

Tanzania

Dar es Salaam Metropolitan Development Project improves urban services and


institutional capacity in the Dar es Salaam Metropolitan Area, and facilitates
responses to potential emergencies.

P123134

3/2/2015

2021/2053

IPF

Yes

300.0

207.1

AFR

Tanzania

Sustainable Management of Mineral Resources strengthens government


capacity to manage the mineral sector, improve the socio-economic impacts of
large and small-scale mining, and enhance private local and foreign investments.

P151124

5/7/2015

2021/2053

IPF

Yes

Yes

45.0

32.7

AFR

Tanzania

Strengthening Primary Health Care for Results Program improves the quality of
primary health care services with a focus on maternal, neonatal, and child health
services.

P152736

5/28/2015

2021/2053

PforR

Yes

200.0

145.0

AFR

Tanzania

Open Government and Public Financial Management Development Policy


Operation supports the government to establish open data in order to increase
access to and use of service delivery information, as well as to improve budget
credibility and execution.

P133798

6/23/2015

2021/2053

DPL

Yes

100.0

71.1

AFR

Uganda

Agriculture Cluster Develop Project raises on-farm productivity, production, and


marketable volumes of selected agricultural commodities in specified geographic
clusters.

P145037

4/9/2015

2021/2053

IPF

Yes

150.0

106.4

AFR

Uganda

Skills Development Project enhances the capacity of institutions to deliver highquality and demand-driven training programs in targeted sectors.

P145309

4/22/2015

2021/2053

IPF

Yes

100.0

71.1

AFR

Uganda

Third Northern Uganda Social Action Fund provides income support to and builds
the resilience of poor and vulnerable households in targeted areas.

P149965

5/27/2015

2021/2053

IPF

Yes

130.0

94.3

P133312

6/5/2015

2021/2053

IPF

135.0

97.9

P151451

5/22/2015

2021/2053

IPF

Yes

65.0

47.2

65.0

47.2

Region

Statistical Capacity Building Project strengthens the capacity of statistics


producers to produce and disseminate official statistics.
Big Results Now in Education Program improves education quality in primary and
secondary schools.

Energy for Rural Transformation Project (Third Phase) increases access to


electricity in rural areas of the country.
Girls Education and Women's Empowerment and Livelihoods Project
increases access to livelihood support for women and access to secondary
education for disadvantaged adolescent girls in extremely poor households in
selected districts.

IBRD
(US$)

70.0

30.0

50.8

20.6

AFR

Uganda

AFR

Zambia

AFR

Zambia

Lusaka Sanitation Project increases access to sanitation services in selected


areas and strengthens the Lusaka Water and Sewerage Company's capacity to
manage sanitation services.

P149091

5/22/2015

2021/2053

IPF

Yes

EAP

China

Zhejiang Rural Water Supply and Sanitation Project improves access to


sustainable water supply and sanitation services in selected villages and towns in
rural areas of Zhejiang Province.

P133018

9/25/2014

2021/2039

IPF

200.0

EAP

China

Shaanxi Small Towns Infrastructure Project improves the infrastructure and


service delivery in selected small and medium towns in Shaanxi Province.

P133069

9/25/2014

2021/2043

IPF

150.0

EAP

China

Qinghai Xining Water Environment Management Project reduces water pollution


and pilots potential sustainable reuse of wastewater in Xining Municipality.

P133116

9/25/2014

2020/2044

IPF

150.0

EAP

China

Guizhou Rural Development Project demonstrates a model for agricultural sector


restructuring and modernization, improved organizational arrangements, and
strengthened public service delivery in project counties of Guizhou Province.

P133261

9/30/2014

2021/2043

IPF

Yes

100.0

EAP

China

Zhengzhou Urban Rail Project improves urban mobility for the population of
Zhengzhou along the catchment area of Line 3 from Xin Liu Lu Station to Hang Hai
Dong Lu Station.

P128919

12/23/2014

2022/2043

IPF

Yes

250.0

P133117

12/23/2014

2021/2044

IPF

100.0

P133017

2/2/2015

2025/2039

IPF

100.0

P132873

3/13/2015

2021/2039

IPF

Yes

71.5

EAP

China

EAP

China

EAP

China

Chongqing Small Towns Water Environment Management Project reduces


flood risks and improves wastewater infrastructure services in selected counties of
Chongqing Municipality.
Guilin Integrated Environment Management Project improves water and
sanitation services in Guilin.
Hebei Rural Renewable Energy Development Project demonstrates sustainable
biogas production and utilization to reduce environmental pollution and supply clean
energy in rural areas of Hebei Province.

36

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

EAP

China

Sichuan Chongqing Cooperation: Guang'an Demonstration Area


Infrastructure Development Project improves Linshui County and Qianfeng
District infrastructure and investment support services.

P133456

3/16/2015

2020/2045

IPF

Yes

100.0

EAP

China

Gansu Rural-Urban Integration Project provides residents in Wuwei Municipality


and Linxia Prefecture with improved connectivity between rural and urban areas.

P132775

3/31/2015

2020/2039

IPF

Yes

150.0

EAP

China

Yunnan Highway Asset Management Project improves the efficiency and costeffectiveness of highway asset management in Yunnan.

P132621

3/31/2015

2020/2044

IPF

150.0

P133000

5/11/2015

2021/2048

IPF

Yes

100.0

P147367

5/29/2015

2020/2045

IPF

50.0

Region

Huainan Mining Area Rehabilitation Project remediates and creates a public


space at the JiuDa mining site in Huainan city.
Xinjiang Technical and Vocational Education and Training Project improves the
quality and relevance of project schools to produce students' skills that respond to
the labor market demand in Xinjiang.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

EAP

China

EAP

China

EAP

China

Poverty Alleviation and Agriculture-Based Industry Pilot and Demonstration in


Poor Areas Project develops and demonstrates rural value chains that promote
equitable organizational arrangements, participation, and the sustainable increase
of incomes of targeted households.

P133326

6/23/2015

2025/2044

IPF

Yes

150.0

EAP

Fiji

Transport Infrastructure Investment Project improves the resilience and safety of


land and maritime transport infrastructure for users of project roads, bridges, and
rural jetties and wharves.

P150028

3/11/2015

2021/2038

IPF

Yes

50.0

EAP

Indonesia

Financial Sector Reform and Modernization Development Policy Operation


promotes the development of a stable, efficient, and inclusive financial sector to
help the government reach its medium-term economic development and poverty
reduction goals.

P145550

7/1/2014

2021/2030

DPL

Yes

500.0

EAP

Indonesia

Local Government and Decentralization Project improves the accountability and


reporting of the central government's Specific Purpose Grants for the basic
infrastructure-roads, irrigation, water, and sanitation-within selected areas.

P123940

9/30/2014

2022/2030

IPF

Yes

Yes

500.0

EAP

Kiribati

Second Economic Reform Development Policy Operation improves the


management of fisheries revenues and the management of public assets and
liabilities, and expands private sector opportunities.

P149888

11/14/2014

DPL

Yes

3.0

2.1

EAP

Kiribati

Kiribati Road Rehabilitation Project improves the condition of South Tarawa's


main road network and helps strengthen road financing and maintenance capacity.

P154012

3/31/2015

IPF

Yes

Yes

6.0

4.2

EAP

Lao PDR

Second Lao Environment and Social Project helps strengthen selected


environmental protection management systems, specifically for protected areas
conservation, enforcement of wildlife laws, and environmental assessment
management.

P152066

4/29/2015

2021/2053

IPF

Yes

Yes

15.0

10.7

EAP

Lao PDR

Power Grid Improvement Project helps improve efficiency and reliability of power
distribution in the selected load areas serviced by the state-owned power utility.

P149599

6/23/2015

2021/2053

IPF

Yes

30.0

21.4

EAP

Lao PDR

Health Governance and Nutrition Development Project increases coverage of


reproductive, maternal, and child health, and nutrition services in targeted areas in
the country.

P151425

6/23/2015

2021/2053
-

c
g

IPF

26.4

18.8

EAP

Lao PDR

Second Poverty Reduction Fund improves the access to and utilization of basic
infrastructure and services for targeted poor communities.

P153401

6/23/2015

2021/2053

IPF

Yes

11.6

8.3

EAP

Marshall Islands

P151760

12/22/2014

IPF

Yes

6.8

4.6

EAP

Marshall Islands

Pacific Islands Regional Oceanscape Program strengthens the shared


management of selected Pacific Island oceanic and coastal fisheries, and the
critical habitat upon which they depend.
Pacific Resilience Program strengthens early-warning, resilient investments and
financial protections of participating countries.

P155257

6/19/2015

IPF

Yes

1.5

1.1

P130592

12/17/2014

IPF

Yes

47.5

32.1

EAP

Micronesia, Fed. Sts.

Pacific Regional Connectivity Program (Phase II): Palau-Federated States of


Micronesia Connectivity Project reduces the cost and increases the availability of
ICT services needed to support social and economic development.

EAP

Micronesia, Fed. Sts.

Pacific Islands Regional Oceanscape Program strengthens the shared


management of selected Pacific Island oceanic and coastal fisheries, and the
critical habitat upon which they depend.

P151754

12/22/2014

IPF

Yes

5.5

3.8

EAP

Myanmar

Essential Health Services Access Project increases coverage of essential health


services of adequate quality, with a focus on maternal, newborn, and child health.

P149960

10/14/2014

2020/2052

IPF

Yes

100.0

65.4

Myanmar

Ayeyarwady Integrated River Basin Management Project strengthens integrated,


climate-resilient management and development of the Ayeyarwady River Basin and
national water resources.

P146482

12/9/2014

2021/2052

IPF

Yes

100.0

67.5

EAP

Myanmar

Agricultural Development Support Project increases crop yields and cropping


intensity in selected existing irrigation sites in the Bago East, Nay Pyi Taw, Mandalay,
and Sagaing regions.

P147629

4/23/2015

2021/2052

IPF

Yes

100.0

71.0

EAP

Myanmar

National Community Driven Development Project enables poor rural


communities to benefit from improved access to and use of basic infrastructure and
services through a people-centered approach, and enhances the government's
capacity to respond effectively to eligible emergencies.

P153113

6/30/2015

2021/2053

IPF

Yes

Yes

400.0

284.5

EAP

Pacific Islands
(Regional)

Pacific Regional ICT Regulatory Development Project strengthens the capacity


of ICT regulatory institutions in participating countries, and enhances regional
collaboration and knowledge sharing on ICT regulatory issues.

P148238

7/30/2014

IPF

Yes

4.5

3.0

EAP

37

Region

Country

EAP

Pacific Islands
(Regional)

EAP
EAP

Pacific Islands
(Regional)
Pacific Islands
(Regional)

Project Name and Development Objectives


Pacific Islands Regional Oceanscape Program strengthens the shared
management of selected Pacific Island oceanic and coastal fisheries, and the
critical habitat upon which they depend.
Pacific Resilience Program strengthens early-warning, resilient investments and
financial protections of participating countries.
Pacific Resilience Program strengthens early-warning, resilient investments and
financial protections of participating countries.

Project ID

Date of
Approval

First/Last
Maturity Datea

P131655

12/22/2014

P147839

6/19/2015

P155542

6/19/2015

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

IPF

Yes

4.0

2.7

IPF

Yes

3.7

2.7

IPF

1.3

1.0

IBRD
(US$)

EAP

Philippines

Philippine Rural Development Project increases rural incomes and enhances


farm and fishery productivity in targeted areas by supporting smallholders and fisher
folk to increase their marketable surpluses, and their access to markets.

P132317

8/29/2014

2020/2044

IPF

Yes

501.3

EAP

Philippines

Cebu Bus Rapid Transit Project improves the overall performance of the urban
passenger transport system in terms of the quality and level of service, safety, and
environmental efficiency.

P119343

9/26/2014

2024/2039

IPF

Yes

116.0

EAP

Philippines

Third Development Policy Operation to Foster More Inclusive Growth supports


sustained and inclusive growth and job creation through increasing physical and
human capital investment; tackling regulatory barriers, and ensuring fiscal
sustainability, governance, and transparency.

P147803

9/26/2014

2024/2039

DPL

Yes

300.0

EAP

Samoa

First Fiscal and Economic Reform Operation strengthens public financial


management in the areas of debt, procurement, and revenue, and strengthens the
payments system, tourism sector policy, and private sector development
opportunities.

P149770

9/22/2014

DPL

Yes

7.5

4.9

EAP

Samoa

P128904

6/19/2015

IPF

Yes

16.0

11.6

EAP

Samoa

P154839

6/19/2015

IPF

Yes

13.8

10.0

P149282

11/21/2014

2025/2054
-

c
g

IPF

Yes

9.0

6.0

Pacific Regional Connectivity Program (Third Phase) reduces the cost and
increases the availability of Internet services in the country.
Pacific Resilience Program strengthens early-warning, resilient investments and
financial protections of participating countries.
Second Rural Development Program improves basic infrastructure and services in
rural areas and strengthens the linkages between smallholder farming households
and markets.

EAP

Solomon Islands

EAP

Solomon Islands

Economic Reform and Recovery Development Policy Operation improves


management of public expenditure and debt, strengthens management of extractive
industries, and improves conditions for private sector investment.

P149886

11/21/2014

DPL

Yes

5.0

3.3

EAP

Solomon Islands

Pacific Islands Regional Oceanscape Program strengthens the shared


management of selected Pacific Island oceanic and coastal fisheries, and the
critical habitat upon which they depend.

P151777

12/22/2014

2025/2054
-

c
g

IPF

Yes

9.8

6.7

EAP

Tonga

Second Economic Reform Support Development Policy Operation strengthens


public financial management through improved public procurement processes and
annual budget credibility; strengthens fiscal policy with new procedures for tax
exemptions and in excise duty rates; and enhances the business enabling
environment with a new foreign investment policy and reductions in the cost of
electricity

P149963

10/29/2014

2025/2054
-

c
g

DPL

Yes

5.0

3.4

EAP

Tonga

P154840

6/19/2015

2025/2055
-

c
g

IPF

Yes

10.5

7.7

EAP

Tuvalu

P151780

12/22/2014

IPF

Yes

7.0

4.8

EAP

Tuvalu

Energy Sector Development Project enhances the country's energy security by


reducing its dependence on imported fuel for power generation and by improving
the efficiency and sustainability of its electricity system.

P144573

1/26/2015

IPF

Yes

7.0

4.8

EAP

Tuvalu

Second Development Policy Operation strengthens public financial management


through improved commitment control, enhanced oversight of fishing revenue, and
streamlined local government reporting, and improves service delivery, with a focus
on primary and preventative healthcare and primary and secondary education, with
increased access for women.

P150194

3/26/2015

DPL

Yes

1.5

1.1

EAP

Vanuatu

EAP

Vanuatu

EAP

Vietnam

EAP

Vietnam

EAP

Pacific Resilience Program strengthens early-warning, resilient investments and


financial protections of participating countries.
Pacific Islands Regional Oceanscape Program strengthens the shared
management of selected Pacific Island oceanic and coastal fisheries, and the
critical habitat upon which they depend.

Vanuatu Aviation Investment Project improves operational safety and oversight of


international air transport and associated infrastructure.
Pacific Resilience Program strengthens early-warning, resilient investments and
financial protections of participating countries.
Transmission Efficiency Project improves the capacity, efficiency, and reliability of
electricity transmission services in selected parts of the country's electricity
transmission network.

P154149

5/8/2015

2025/2055

IPF

Yes

59.5

42.3

P155256

6/19/2015

2025/2055

IPF

Yes

1.5

1.1

P131558

8/7/2014

2024/2040

IPF

Yes

500.0

Second Ho Chi Minh City Environmental Sanitation Project improves the


wastewater services in a sustainable manner in selected areas of Ho Chi Minh City
and increases awareness on sanitation.

P127978

12/23/2014

2025/2042
2020/2039

l
c

IPF

Yes

250.0

200.0

135.3

Vietnam

Second Northern Mountains Poverty Reduction Project enhances the living


standards of beneficiaries by improving access to productive infrastructure, the
capacity of local governments and communities, commune integrated investment
planning, and market linkages and business innovations.

P148733

2/27/2015

2020/2040

IPF

Yes

Yes

100.0

71.0

EAP

Vietnam

Ho Chi Minh City Green Transport Development Project improves the


performance and efficiency of public transport along a high-priority corridor in Ho
Chi Minh City.

P126507

5/29/2015

2020/2040

IPF

Yes

124.0

88.2

EAP

Vietnam

Livestock Competitiveness and Food Safety Project increases the production


efficiency of household-based livestock producers; reduces the environmental
impact of livestock production, processing, and marketing; and improves food safety
in livestock product supply chains in selected provinces.

P151946

6/26/2015

2020/2040

IPF

Yes

Yes

44.7

32.2

38

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

EAP

Vietnam

Renovation of General Education Project raises student learning outcomes by


revising and implementing the curriculum following a competency-based approach,
and by improving the effectiveness of instruction by creating and disseminating
textbooks aligned with the revised curriculum.

P150058

6/30/2015

2020/2040

IPF

Yes

77.0

55.4

EAP

Vietnam

Sustainable Agriculture Transformation Project improves farming practices and


value chains in project areas and promotes insitutional strengthening of relevant
public agencies to effectively support implementation of the Agricultural
Restructuring Plan.

P145055

6/30/2015

2020/2040

IPF

Yes

238.0

171.2

ECA

Albania

Environmental Services Project supports sustainable land management practices


and increases communities' monetary and non-monetary benefits in targeted areas,
mainly in erosion-prone, rural-upland areas.

P130492

7/8/2014

2021/2034

IPF

Yes

10.0

ECA

Albania

P144029

9/29/2014

2021/2036

IPF

Yes

150.0

ECA

Albania

P144688

2/27/2015

2022/2037

IPF

Yes

40.0

ECA

Albania

Results-Based Road Maintenance and Safety Project maintains the condition


and improves the safety of the primary and primary-secondary road networks and
strengthens sustainable and efficient road asset management and safety practices.

P132982

3/27/2015

2022/2037

IPF

Yes

80.0

ECA

Albania

Public Finance Policy-Based Guarantee supports the strengthening of public


financial management to address arrears and supports tax, pension, and energy
sector reforms to improve fiscal sustainability.

P149765

3/27/2015

gu

DPL

Yes

226.7

P146994

7/2/2014

2024/2039

IPF

Yes

50.0

P148102

7/2/2014

2024/2039

IPF

Yes

Yes

40.0

Region

Power Recovery Project improves the reliability of power supply and the financial
viability of the power sector.
Health System Improvement Project improves the efficiency of care in selected
hospitals, improving the management of information in the health system and
increasing financial access to health services.

Trade Promotion and Quality Infrastructure Project strengthens the


government's capacity to provide export promotion, investment attraction, and
quality management services to firms.
Electricity Supply Reliability Project increases the reliability and capacity of the
power transmission network.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

ECA

Armenia

ECA

Armenia

ECA

Armenia

Second Development Policy Operation strengthens the business environment,


improves access to credit, improves efficiency and transparency of the civil service,
expands social protection, and improves fiscal space and the management of public
infrastructure and environmental resources.

P143040

11/12/2014

2029/2039

DPL

Yes

75.0

ECA

Armenia

Social Investment and Local Development Project improves the quality and use
of and access to community and intercommunity infrastructure.

P148836

3/13/2015

2029/2039

IPF

Yes

30.0

ECA

Armenia

Electricity Transmission Network Improvement Project improves the reliability of


the power transmission network and system management, and supports efforts to
ensure adequate electricity supply.

P146199

3/30/2015

2029/2039

IPF

Yes

52.0

ECA

Azerbaijan

Judicial Services and Smart Infrastructure Project improves the access,


transparency, and efficiency of delivery of selected justice services.

P144700

7/9/2014

2017/2029

IPF

Yes

100.0

ECA

Azerbaijan

Second Rural Investment Project improves access to and use of communitydriven rural infrastructure and expands economic activities for rural households.

P147861

7/9/2014

2018/2030

IPF

Yes

Yes

50.0

ECA

Azerbaijan

Second National Water Supply and Sanitation Project improves the quality and
reliability of the water supply and expands water supply and sanitation services in
selected regional centers.

P147378

7/15/2014

2018/2030

IPF

Yes

Yes

150.0

ECA

Belarus

Transit Corridor Improvement Project improves transport connectivity, border


crossing procedures, and safety for domestic and international road users on
selected sections of the M6 corridor.

P149697

12/19/2014

2020/2030

IPF

Yes

250.0

ECA

Belarus

Forestry Development Project enhances silvicultural management and


reforestation and afforestation, increases the use of felling residues, and improves
the public good contribution from forests in targeted forest areas.

P147760

3/27/2015

2020/2035

IPF

Yes

40.7

ECA

Bosnia and
Herzegovina

Business Environment Development Policy Operation improves the business


environment by facilitating business start-ups, streamlining investment procedures in
inspection and construction, and simplifying processes of cross-border trading.

P146740

10/3/2014

2025/2039

DPL

Yes

50.0

ECA

Central Asia
(Regional)

Central Asia Road Links Program (Second Phase) increases transport


connectivity between the Republic of Tajikistan and neighboring countries along
priority cross-border road links in Sugd Oblast and supports improvements in road
operations and asset management practices.

P145634

2/25/2015

2021/2052
-

c
g

IPF

Yes

ECA

Croatia

Social Protection System Modernization Project aims to improve the efficiency


and effectiveness of the country's social protection system.

P145171

9/19/2014

2018/2034

IPF

Yes

95.6

ECA

Croatia

Sustainable Croatian Railways In Europe Project improves the operational


efficiency and the financial sustainability of the country's public railway sector.

P147499

4/30/2015

2018/2024
2018/2032
2018/2035

l
l
l

IPF

Yes

183.4

ECA

Georgia

Second Regional and Municipal Infrastructure Development Project improves


the efficiency and reliability of target municipal services and infrastructure.

P147521

7/3/2014

2024/2039

IPF

Yes

30.0

ECA

Georgia

Third Secondary and Local Roads Project reduces transport costs on project
roads and improves the sustainability of road asset management in the secondary
and local project road network.

P148048

7/3/2014

2024/2039

IPF

Yes

75.0

39

45.0

31.2

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

ECA

Georgia

First Programmatic Private Sector Competitiveness Development Policy


Operation increases private sector competitiveness through second generation
business environment reforms, financial sector deepening and diversification, and
increasing firms' capacity to innovate and to export.

P149998

4/28/2015

2029/2040

DPL

Yes

60.0

ECA

Georgia

First Programmatic Inclusive Growth Development Policy Operation


strengthens fiscal oversight of public institutions, improves budgeting and the
framework for civil service reform, and improves coverage and quality of social
services and the monitoring of outcomes.

P149991

4/28/2015

2029/2040

DPL

Yes

60.0

ECA

Kazakhstan

Fostering Productive Innovation Project promotes high-quality, nationallyrelevant research and commercialization of technologies.

P150402

12/22/2014

2021/2035

IPF

Yes

88.0

ECA

Kazakhstan

SME Competitiveness Project enhances the competitiveness and management


capacity of targeted small and medium-sized enterprises in the country.

P147705

3/2/2015

2020/2031

IPF

Yes

40.0

ECA

Kazakhstan

Skills and Jobs Project improves employment outcomes and skills of target
beneficiaries and improves the relevance of technical and vocational education and
training and higher education programs.

P150183

3/30/2015

2020/2034

IPF

Yes

100.0

ECA

Kyrgyz Republic

Electricity Supply Accountability and Reliability Improvement Project improves


the reliability of electricity supply in the project area and strengthens the governance
of Severelectro's operations.

P133446

7/15/2014

2020/2052
-

c
g

IPF

Yes

25.0

16.2

ECA

Kyrgyz Republic

Pasture and Livestock Management Improvement Project improves communitybased pasture and livestock management in the project area.

P145162

7/15/2014

2020/2052
-

c
g

IPF

Yes

15.0

9.8

ECA

Kyrgyz Republic

Energy Sector Development Policy Operation improves the financial viability of


the energy sector and enhances its governance and accountability, while managing
the impact of power shortages on poor regions.

P152440

1/29/2015

2021/2052
-

c
g

DPL

Yes

24.0

16.5

ECA

Kyrgyz Republic

Third Village Investment Project builds local capacity for participatory


development and improves access to quality community infrastructure services in
targeted project areas.

P146970

3/27/2015

2021/2052
-

c
g

IPF

Yes

12.0

8.6

ECA

Macedonia, FYR

National and Regional Roads Rehabilitation Project enhances the connectivity of


selected national and regional roads, and improves Public Enterprise for State
Roads' capacity for road safety and climate resilience.

P148023

9/23/2014

2020/2037

IPF

Yes

71.0

ECA

Moldova

Second Competitiveness Enhancement Project increases the export


competitiveness of Moldovan enterprises and decreases the regulatory burden they
face.

P144103

7/11/2014

2019/2044
2019/2039

l
c

IPF

Yes

30.0

9.7

ECA

Moldova

District Heating Efficiency Improvement Project contributes to improved


operational efficiency and financial viability of Newco and improves quality and
reliability of heading services delivered to the population of Chisinau.

P132443

11/21/2014

2020/2049

IPF

Yes

40.5

ECA

Moldova

Agriculture Competitiveness Project supports the modernization of the food


safety management system, facilitating market access for farmers, and
mainstreaming agro-environmental and sustainable land management practices.

P154238

5/19/2015

2020/2040

IPF

Yes

Yes

12.0

8.7

ECA

Moldova

Disaster and Climate Risk Management Project strengthens the State Hyrometerological Service's ability to forecast severe weather and improve capacity to
prepare for and respond to natural disasters.

P148125

5/19/2015

2020/2040

IPF

Yes

Yes

2.0

1.5

ECA

Montenegro

Industrial Waste Management and Cleanup Project reduces contamination of the


country's natural resources and public health risks of exposure to this contamination
from selected industrial waste sites.

P122139

9/19/2014

2020/2041

IPF

Yes

68.9

ECA

Poland

First Resilience and Growth Development Policy Operation enhances


macroeconomic resilience, strengthens labor market flexibility and employment
promotion, and improves private sector competitiveness and innovation.

P146243

7/1/2014

2022/2042

DPL

Yes

965.8

ECA

Romania

Romania Secondary Education Project improves the transition from uppersecondary into tertiary education and increases the retention in the first year of
tertiary education in selected education intuitions.

P148585

3/16/2015

2034/2034

IPF

Yes

243.1

ECA

Serbia

Floods Emergency Recovery Project helps restore power system capability to


reliably meet domestic demand, protects livelihoods of farmers in flood-affected
areas, protects people and assets from floods, and improves the government's
capacity to respond effectively to disasters.

P152018

10/3/2014

2023/2044

IPF

Yes

300.0

ECA

Serbia

Real Estate Management Project improves the efficiency, transparency,


accessibility, and reliability of the country's real property management systems.

P147050

3/16/2015

2019/2029

IPF

Yes

44.0

ECA

Serbia

First Programmatic State-Owned Enterprises (SOE) Reform Development


Policy Operation reduces state participation and the level of direct and indirect
support to the real sector; enhances SOE performance, governance, and
accountability; and mitigates the short-term social and labor impacts of SOE
restructuring and disposition plans.

P127408

3/24/2015

2023/2034

DPL

Yes

100.0

ECA

Tajikistan

Communal Services Development Fund Project improves basic communal and


municipal services in participating cities and towns.

P133449

3/17/2015

IPF

Yes

13.5

9.6

ECA

Tajikistan

Second Public Finance Management Modernization Project improves the


effectiveness, control, and accountability of the government's public expenditures.

P150381

6/1/2015

2021/2053
-

c
g

IPF

Yes

10.0

7.2

ECA

Tajikistan

Health Services Improvement Project contributes to the improvement of the


coverage and quality of basic primary health care services in selected districts.

P153975

6/22/2015

2021/2053
-

c
g

IPF

Yes

Yes

10.0

7.3

Region

40

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

15.0

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

ECA

Tajikistan

Second Public Employment for Sustainable Agriculture and Water Resources


Management Project provides employment to food insecure people through the
rehabilitation of irrigation and drainage infrastructure; increases crop production; and
supports the development of improved policies and institutions for water resource
management.

P154327

6/22/2015

2021/2053
-

c
g

IPF

Yes

Yes

12.0

8.6

ECA

Tajikistan

Second Dushanbe Water Supply Project improves water utility performance and
water supply services in selected areas of Dushanbe.

P154729

6/30/2015

2021/2053
-

c
g

IPF

Yes

Yes

10.0

7.3

ECA

Tajikistan

Environmental Land Management and Rural Livelihoods Project enables rural


people to increase their productive assets in ways that improve natural resource
management and resilience to climate change in selected climate-vulnerable sites.

P153709

6/30/2015

IPF

Yes

Yes

1.8

1.3

ECA

Tajikistan

Higher Education Project develops mechanisms that improve and monitor the
quality and labor-market relevance of higher education.

P148291

6/30/2015

2021/2053
-

c
g

IPF

Yes

15.0

10.9

ECA

Turkey

Gas Sector Development Project increases the reliability and stability of gas
supply by implementing critically needed gas storage and network infrastructure.

P133565

7/2/2014

2022/2030

IPF

Yes

Yes

400.0

ECA

Turkey

Innovative Access to Finance Project improves access to longer-term Islamic


finance and to factoring for small and medium enterprises and export-oriented
enterprises.

P147183

7/22/2014

2021/2042

IPF

250.0

ECA

Turkey

Sustaining Shared Growth Development Policy Operation improves the


business climate and enhances transparency; boosts labor force participation and
widens access to finance; and deepens the country's infrastructure reforms.

P146322

7/24/2014

2023/2029

DPL

Yes

500.0

ECA

Ukraine

Social Safety Nets Modernization Project improves the performance of the


country's social assistance and social services system for low-income families.

P128344

7/3/2014

2019/2032

IPF

Yes

300.0

ECA

Ukraine

First Programmatic Financial Sector Development Policy Operation


strengthens the operational, financial, and regulatory capacity for the resolution of
insolvent banks; improves the solvency of the banking system; and strengthens the
legal and institutional framework to improve resilience and efficiency of the banking
system.

P150677

8/7/2014

2021/2030

DPL

Yes

500.0

ECA

Ukraine

Second Power Transmission Project improves the reliability of the power


transmission system and supports implementation of the country's Wholesale
Electricity Market.

P146788

12/22/2014

2020/2032

IPF

Yes

330.0

ECA

Ukraine

Serving People, Improving Health Project improves the quality of health services
in selected Oblasts, with special focus on primary and secondary prevention of
cardiovascular diseases and cancer, and enhances efficiency of the health care
system.

P144893

3/4/2015

2020/2038

IPF

Yes

214.7

ECA

Uzbekistan

Pap-Angren Railway Project reduces transport costs and increases transport


capacity and reliability through the construction of a rail link between the Uzbek part
of the Ferghana Valley and the rest of Uzbekistan.

P146328

2/13/2015

2020/2039

IPF

Yes

195.0

ECA

Uzbekistan

Regional Roads Development Project reduces road user costs on the project
roads and develops a sustainable investment program for regional road asset
management.

P146334

6/23/2015

2020/2040

IPF

Yes

200.0

145.0

Uzbekistan

Bukhara and Samarkand Sewerage Project reduces wastewater pollution and


improves the performance of utilities responsible for wastewater management in
Bukhara and Samarkand.

P152801

6/23/2015

2020/2040

IPF

Yes

Yes

105.0

74.4

LCR

Argentina

Second Rural Education Improvement Project supports the government to


reduce repetition rates in primary education and increases enrollment in, and
completion rates of, secondary education in rural areas.

P133195

12/2/2014

2022/2046

IPF

Yes

250.5

LCR

Argentina

Youth Employment Support Project improves access of vulnerable youth


populations to labor markets, increasing their employability by supporting the
expansion and strengthening of government employment programs.

P133129

1/15/2015

2022/2047

IPF

Yes

425.0

LCR

Argentina

Forests and Communities Project improves forest management and increases


access to markets and basic services by forest-dependent communities and small
producersindigenous and criollosin Northern Argentina.

P132846

4/7/2015

2022/2047

IPF

Yes

58.8

LCR

Argentina

Renewable Energy for Rural Areas Project provides and enhances access to
modern energy services in selected rural areas.

P133288

4/7/2015

2019/2049

IPF

Yes

200.0

LCR

Argentina

Socioeconomic Inclusion in Rural Areas Project strengthens the organization,


planning, and management capacity of the rural poor to achieve poverty-reduction
goals; improves access to community infrastructure and services; and pilots a new
model for developing sustainable access to markets.

P106685

6/11/2015

2022/2046

IPF

Yes

52.5

LCR

Argentina

Protecting Vulnerable People Against Noncommunicable Diseases Project


improves the readiness of public health facilities to deliver higher quality services for
vulnerable population groups, expands the scope of selected services, and protects
vulnerable population groups against prevalent risk factors.

P133193

6/11/2015

2022/2047

IPF

Yes

350.0

LCR

Belize

Climate Resilient Infrastructure Project enhances the resilience of road


infrastructure against flood risk and impacts of climate change and improves the
government's capacity to respond promptly and effectively to an emergency.

P127338

8/27/2014

2019/2039

IPF

Yes

30.0

LCR

Bolivia

Disaster Risk Management Development Policy Operation supports the


strengthening of the country's legal and institutional framework for a comprehensive
management of disaster and climate risks.

P150751

2/24/2015

2035/2035
2020/2040

l
c

DPL

Yes

100.0

100.0

Region

ECA

41

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

69.1

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

LCR

Brazil

Strengthening Fiscal Management and Promoting Better and More Inclusive


Service Delivery Development Policy Operation improves fiscal management
and the policy framework for territorial planning and tailors selected public services
to the needs of women, afro-descendants, and minorities.

P147984

7/30/2014

2019/2044

DPL

Yes

400.0

LCR

Brazil

Acre Social and Economic Inclusion and Sustainable Development Project


contributes to efforts to promote social and economic inclusion of rural and urban
poor, including the poorest and most disadvantaged populations living in isolated
areas.

P130593

9/29/2014

2019/2039

IPF

Yes

Yes

150.0

LCR

Colombia

Second Programmatic Productive and Sustainable Cities Development Policy


Operation supports the strengthening of the government's policy framework on
productive, sustainable, inclusive cities.

P145766

12/12/2014

2032/2032

DPL

Yes

700.0

LCR

Colombia

First Programmatic Sustained Growth and Income Convergence Development


Policy Operation improves the access to financial markets for road infrastructure
investments and firms; improves training and builds skills; and strengthens
regulations that affection innovation and business efficiency.

P149609

12/12/2014

2034/2034

DPL

700.0

LCR

Dominican Republic

Caribbean Regional Communications Infrastructure Program (First Phase)


increases access to regional broadband networks and advances the development
of ICT-enabled services in the region.

P147483

9/25/2014

2020/2044

IPF

Yes

30.0

LCR

Dominican Republic

Integrated Social Protection and Promotion Project improves access of poor


citizens to an integrated package of social protection and promotion opportunities,
including human capital, enhanced employability, and housing improvements.

P147213

3/12/2015

2020/2048

IPF

Yes

75.0

LCR

Ecuador

Guayaquil Wastewater Management Project increases access to improved


sanitation services and reduces wastewater pollution in selected areas of Guayaquil.

P151439

4/22/2015

2030/2050

IPF

102.5

LCR

Haiti

Sustainable Rural and Small Towns Water and Sanitation Project increases
access to improved water supply and sanitation in targeted areas affected by
cholera, strengthens service delivery mechanisms at the deconcentrated level, and
improves capacity to respond effectively to an emergency.

P148970

5/26/2015

IPF

Yes

50.0

LCR

Honduras

Fiscal Sustainability and Enhanced Social Protection Development Policy


Operation strengthens fiscal and financial management, strengthens the
management of the power sector, and improves the targeting of social protection
programs.

P151803

12/9/2014

2020/2039

DPL

Yes

55.0

LCR

Honduras

Social Protection Project improves the institutional capacity of institutions to


manage the Conditional Cash Transfer program, provide income support to eligible
beneficiaries, increase the use of preventative health services and school
attendance in rural areas, and improve capacity to respond effectively to an eligible
emergency.

P152266

3/31/2015

2020/2040

IPF

Yes

25.0

LCR

Jamaica

Strategic Public Sector Transformation Project strengthens public resource


management and supports selected public sector institutions in facilitating a more
enabling environment for private sector growth.

P146688

7/7/2014

2020/2043

IPF

Yes

35.0

LCR

Jamaica

Youth Employment in the Digital and Animation Industries Project supports


youth employment in the digital and animation industries in the country.

P148013

7/18/2014

2020/2043

IPF

20.0

P147665

7/25/2014

2020/2043

IPF

Yes

50.0

P151448

3/3/2015

2021/2045

DPL

Yes

75.0

Region

Foundations for Competitiveness and Growth Project strengthens the business


environment for private sector investment.
First Competitiveness and Fiscal Management Programmatic Development
Policy Operation supports policies aimed at improving investment climate and
competitiveness and sustaining fiscal consolidation and enhancing public financial
management.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

36.3

LCR

Jamaica

LCR

Jamaica

LCR

Mexico

School Based Management Project improves schools' managerial capacity and


parental participation to reduce dropout, repetition, and failure rates among Quality
Schools Program and Full Time Schools Program schools.

P147185

10/24/2014

2032/2032

IPF

350.0

LCR

Mexico

Social Protection System Project supports efforts to increase access of


PROSPERA beneficiaries to social and productive programs, and to develop
instruments for an integrated social protection system.

P147212

10/24/2014

2030/2030

IPF

Yes

350.0

LCR

Mexico

Reducing Inequality of Educational Opportunities Project improves parental


competencies in early childhood development in targeted rural communities, and
increases the transition rate from the primary to the secondary education level in
targeted CONAFE-administered schools.

P149858

10/24/2014

2030/2030

IPF

150.0

LCR

Nicaragua

Public Financial Management Modernization Project enhances the efficiency and


transparency of public expenditure management and strengthens statistical
management capacity.

P150743

12/8/2014

2021/2052

IPF

Yes

Yes

25.0

LCR

Nicaragua

Strengthening the Public Health Care System Project strengthens the quality of
and access to health services; contributes to adapting the public health system to
the country's changing epidemiological profile; and secures financial support in case
of public health emergencies.

P152136

6/4/2015

IPF

60.0

LCR

Panama

First Programmatic Shared Prosperity Development Policy Operation supports


government efforts to expand inclusion and opportunities, improve service delivery,
and modernize fiscal management.

P151804

4/7/2015

2016/2034

DPL

Yes

300.0

42

42.7

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

LCR

Paraguay

Enhancing Fiscal Management, Social Protection, and Financial Inclusion


Development Policy Operation with a Deferred Drawdown Option assists the
Government's efforts to strengthen sustainability, equity, and transparency in fiscal
management; to improve targeting of social programs; and to increase access to
financial services.

P151007

3/18/2015

2024/2043

DPL

Yes

100.0

LCR

Peru

Optimization of Lima Water and Sewerage Systems Project improves the


efficiency, continuity, and reliability of water supply and sanitation services in the
Northern Service Area of Lima.

P133287

1/15/2015

2020/2038

IPF

Yes

Yes

55.0

LCR

Peru

Second Disaster Risk Management Development Policy Operation with a


Catastrophe Deferred Drawdown Option strengthens the institutional and legal
framework to contribute toward the reduction of the country's fiscal and physical
vulnerability to disasters.

P149831

3/12/2015

2027/2030

DPL

Yes

400.0

LCR

Uruguay

Drought Events' Impact Mitigation Project enhances the government's efforts to


mitigate the effect of adverse weather conditions on its public sector accounts and
enhances the efficiency of its risk mitigation management framework.

P149069

12/2/2014

2022/2035

IPF

200.0

MNA

Djibouti

Social Safety Net Project supports short-term employment opportunities in


community-based, labor-intensive works for the poor and vulnerable, and supports
the improvement of nutrition practices focusing on preschool children and pregnant
and lactating women.

P149621

10/28/2014

2020/2039

IPF

Yes

Yes

5.0

3.3

MNA

Egypt, Arab Rep.

Household Natural Gas Connection Project assists to increase household access


to reliable, lower-cost, grid-connected natural gas supply.

P146007

7/24/2014

2022/2043

IPF

Yes

500.0

MNA

Egypt, Arab Rep.

Strengthening Social Safety Net Project establishes an efficient and effective


Takaful and Karama cash transfer program.

P145699

4/10/2015

2020/2050

IPF

Yes

400.0

MNA

Egypt, Arab Rep.

Inclusive Housing Finance Program improves the affordability of formal housing


for low-income households and strengthens the Social Housing Fund's capacity to
design policies and coordinate programs in the social housing sector.

P150993

5/5/2015

2020/2050

PforR

Yes

500.0

MNA

Jordan

Micro, Small, and Medium Enterprises (MSMEs) Development for Inclusive


Growth contributes to improved access to finance for the country's MSMEs.

P153987

4/10/2015

2020/2045

IPF

Yes

Yes

50.0

MNA

Lebanon

P143594

8/1/2014

2017/2028

IPF

Yes

15.0

MNA

Lebanon

Region

Environmental Pollution Abatement Project assists in reducing industrial pollution


in targeted industrial enterprises and strengthens the monitoring and enforcement
capabilities of the government.
Water Supply Augmentation Project increases the volume of water available to
Greater Beirut and Mount Lebanon.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

P125184

9/30/2014

2018/2044

IPF

Yes

474.0

P144185

8/26/2014

2021/2043

DPL

Yes

100.0

MNA

Morocco

Second Skills and Employment Development Policy Operation improves the


relevance of skills development programs to labor market needs; improves the
effectiveness of intermediation services; promotes the formalization of
microenterprises; and strengthens the labor market information system.

MNA

Morocco

Noor-Ouarzazate Concentrated Solar Power Plant Project increases installed


capacity (megawatts) and electricity output (megawatt-hours), especially during
peak hours, of the Noor-Ouarzazate Solar Complex.

P131256

9/30/2014

2025/2037

IPF

Yes

400.0

MNA

Morocco

Fourth Municipal Solid Waste Sector Development Policy Operation supports


the government's efforts to improve the economic, environmental, and social
performance of the municipal solid waste sector.

P148642

2/12/2015

2020/2040

DPL

Yes

130.0

MNA

Morocco

Second Economic Competitiveness Support Program Development Policy


Operation supports policy reforms to improve the investment climate, further trade
policy reform and trade facilitation, and strengthen economic governance.

P128869

3/2/2015

2020/2040

DPL

Yes

200.0

MNA

Morocco

Improving Primary Health in Rural Areas Program expands access to primary


healthcare in targeted rural areas.

P148017

4/24/2015

2020/2040

PforR

Yes

100.0

MNA

Morocco

Clean and Efficient Energy Project improves the capacity of the National
Electricity and Water Utility Company to supply and dispatch clean electricity and to
meet the demand of targeted customers more efficiently.

P143689

4/24/2015

2020/2039

IPF

Yes

125.0

MNA

Tunisia

Urban Development and Local Governance Program strengthens local


governments' performance to deliver municipal infrastructure and improves access
to services in targeted disadvantaged neighborhoods.

P130637

7/24/2014

2021/2044

PforR

Yes

300.0

MNA

West Bank and Gaza

Water Supply and Sewage Systems Improvement Project restores and improves
the quality and efficiency of water supply and wastewater services through
rehabilitating and reconstructing existing and damaged systems and enhancing
utility capacity to sustain water and wastewater services.

P151032

10/30/2014

IPF

Yes

Yes

Yes

3.0

MNA

West Bank and Gaza

P152411

10/30/2014

IPF

Yes

Yes

Yes

15.0

MNA

West Bank and Gaza

P152523

10/30/2014

IPF

Yes

Yes

Yes

3.0

MNA

West Bank and Gaza

P152527

10/30/2014

DPL

Yes

Yes

41.0

Electricity Network Rehabilitation Project restores and improves basic electricity


services in Gaza.
Emergency Response Additional Financing to the Second Municipal
Development Project improves municipal management practices for better
municipal transparency and service delivery, and restores priority municipal services
following the conflict in Gaza.
Emergency Response Additional Financing for the Palestinian National
Development Plan Sixth Development Policy Operation strengthens the fiscal
position of the Palestinian Authority, builds public procurement systems and
strengthens budget management, and improves regulatory aspects of the business
climate.

43

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

MNA

West Bank and Gaza

Health System Resiliency Strengthening Project supports the Palestinian


Authority in securing continuity in healthcare service delivery and in building its
resilience to withstand future surge in demand for effective healthcare coverage.

P150481

1/21/2015

IPF

Yes

Yes

8.5

MNA

West Bank and Gaza

Hebron Regional Wastewater Management Project (First Phase) reduces the


environmental pollution from wastewater produced in the Hebron Municipality.

P117449

4/22/2015

IPF

Yes

Yes

4.5

MNA

Yemen, Rep.

Labor Intensive Public Works Project provides needed infrastructure to improve


access to basic public services and creates short-term employment.

P148366

7/3/2014

IPF

Yes

Yes

50.0

32.4

Yemen, Rep.

Social Fund for Development Project (Fourth Phase) improves access to basic
services, enhances economic opportunities, and reduces the vulnerability of the
poor.

P148474

8/1/2014

IPF

Yes

Yes

50.0

32.4

P150129

9/15/2014

IPF

Yes

Yes

3.0

2.0

Region

MNA

MNA

Yemen, Rep.

MNA

Yemen, Rep.

SAR

Afghanistan

SAR

Bangladesh

SAR

Bangladesh

SAR

Bangladesh

SAR

Higher Education Quality Improvement Project creates the enabling conditions


for the enhancement of the quality of university programs and graduate
employability.
Emergency Support to Social Protection Project assists in providing cash
transfers to social welfare fund beneficiaries.
Second Customs Reform and Trade Facilitation Project improves the release of
legitimate goods in a fair and efficient manner.
Multipurpose Disaster Shelter Project reduces the vulnerability of the coastal
population to natural disasters in selected coastal districts.
Income Support Program for the Poorest Project provides income support to the
poorest mothers in selected Upazilas, while increasing the mothers' use of child
nutrition and cognitive development services and enhancing local level government
capacity to delivery safety nets.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

P151923

12/9/2014

IPF

Yes

90.0

59.3

P155443

6/11/2015

IPF

Yes

Yes

21.5

15.3

P146464

12/16/2014

2021/2052

IPF

Yes

375.0

253.7

P146520

12/16/2014

2021/2052

IPF

Yes

300.0

202.4

Third Primary Education Development Program increases the number of


children enrolled in and completing primary education; reduces social disparities in
terms of access to education; and improves the measurement of student learning.

P150669

12/16/2014

2021/2052

IPF

Yes

Yes

400.0

269.8

Bangladesh

Nuton Jibon Livelihood Improvement Project improves livelihoods of the poor


and extreme poor in the project areas.

P149605

3/18/2015

2021/2053

IPF

Yes

200.0

138.1

SAR

Bangladesh

Urban Resilience Project strengthens the capacity of government agencies to


respond to emergency events and strengthens systems to reduce the vulnerability of
future building construction to disasters in Dhaka and Sylhet.

P149493

3/24/2015

2021/2053

IPF

Yes

173.0

122.8

SAR

Bangladesh

Financial Sector Support Project improves financial market infrastructure,


regulatory and oversight capacity of Bangladesh Bank, and access to long-term
financing for private firms in the country.

P150938

6/5/2015

2021/2053

IPF

Yes

300.0

213.4

SAR

Bangladesh

National Agricultureal Technology Program (Second Phase) increases the


agricultural productivity of smallholder farms and improves smallholder famers'
access to markets in selected districts.

P149553

6/5/2015

2021/2053

IPF

Yes

176.1

125.2

SAR

Bhutan

First Fiscal Sustainability and Investment Climate Development Policy


Operation promotes fiscal discipline, contributes to enhancing access to finance to
enterprises, and improves the climate for business entry and investment in the
country.

P147806

6/17/2015

2020/2040

DPL

20.0

14.3

SAR

India

Neeranchal National Watershed Project supports the Integrated Watershed


Management Program (IWMP) through technical assistance to improve incremental
conservation outcomes and agricultural yields for selected communities and
adoption of more effective processes and technologies into the broader IWMP.

P132739

7/17/2014

2019/2039

IPF

Yes

178.5

116.4

SAR

India

Telangana Rural Inclusive Growth Project enables selected poor households to


enhance agricultural incomes and secure increased access to human development
services and social entitlements.

P143608

12/19/2014

2020/2039

IPF

Yes

75.0

50.8

India

Andhra Pradesh Rural Inclusive Growth Project enables selected poor


households to enhance agricultural incomes and secure increased access to
human development services and social entitlements.

P152210

12/19/2014

2020/2039

IPF

Yes

75.0

50.8

SAR

India

Micro, Small, and Medium Enterprises (MSME) Growth Innovation and


Inclusive Finance Project improves access of MSMEs in manufacturing and
service sectors from early to growth stage, including through innovative financial
products.

P151544

2/24/2015

2020/2024

IPF

500.0

SAR

India

Punjab Rural Water and Sanitation Sector Improvement Project improves water
and sanitation service levels, reduces open defecation, and strengthens service
delivery arrangements in targeted villages.

P150520

3/24/2015

2021/2048

IPF

Yes

248.0

India

Tamil Nadu Sustainable Urban Development Project improves urban service


delivery in a financially sustainable manner and pilots improved urban management
practices in selected cities.

P150395

3/31/2015

2022/2047

IPF

Yes

400.0

India

Second Tamil Nadu Road Sector Project increases road capacity, enhances
quality of maintenance, improves safety, and supports the institutional development
of Tamil Nadu's core road network.

P143751

4/28/2015

2022/2044

IPF

Yes

300.0

SAR

India

Enhancing Teacher Effectiveness in Bihar Operation improves the effectiveness


of elementary school teachers in Bihar through institutional reforms and
improvements in teacher management and accountability.

P132665

5/19/2015

2020/2040

PforR

Yes

250.0

SAR

India

Second National Cyclone Risk Mitigation Project reduces vulnerability to cyclone


and other hydro-meteorological hazards of coastal communities and increases the
capacity of State entities to effectively plan for and respond to disasters.

P144726

5/28/2015

2020/2040

IPF

Yes

308.4

SAR

India

Jhelum and Tawi Flood Recovery Project supports the recovery and increases
disaster resilience in project areas, and increases government capacity to respond
effectively to an eligible emergency.

P154990

6/2/2015

2020/2040

IPF

Yes

250.0

SAR

SAR

SAR

44

First/Last
Maturity Datea

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

Country

Project Name and Development Objectives

Project ID

SAR

India

Andhra Pradesh Disaster Recovery Project restores and improves the resilience
of public services, environmental facilities, and livelihoods in targeted communities,
and enhances the capacity of state entities to respond effectively to an eligible
emergency.

P154847

6/17/2015

2020/2040

IPF

Yes

250.0

SAR

India

Eastern Dedicated Freight Corridor Project provides additional rail transport


capacity, improved services quality, and higher freight throughput on the LudhianaKhurja section of the eastern rail corridor, and develops government institutional
capacity to build, maintain, and manage the dedicated freight corridor.

P150158

6/30/2015

2022/2037

IPF

Yes

650.0

SAR

India

Higher Education Quality Improvement Project improves student outcomes,


especially for disadvantaged groups, in selected higher education institutions, and
increases the effectiveness of the higher education system in Madhya Pradesh.

P150394

6/30/2015

2020/2040

IPF

Yes

300.0

SAR

Maldives

Environmental Management Project supports government capacity to manage


environmental risks and threats to fragile coral reefs as well as marine habitats
resulting from tourism development, increased solid waste disposal, fisheries, and
global climate change.

P153958

4/22/2015

IPF

Yes

Yes

3.3

2.4

SAR

Nepal

Kabeli-A Hydroelectric Project increases hydropower generation capacity to


supply the Nepal Electricity Authority grid through public-private investment.

P122406

7/1/2014

2020/2052
-

c
g

IPF

Yes

46.0

30.1

SAR

Nepal

Grid Solar and Energy Efficiency Project increases the solar


photovoltaicgenerated electricity to supply the Nepal Electricity Authority (NEA) grid
and reduces NEA's distribution losses in selected distribution centers.

P146344

12/22/2014

2021/2052

IPF

Yes

130.0

88.0

SAR

Nepal

Higher Education Reforms Project supports reforms in selected institutions for


improving quality, relevance, and efficiency of higher education, and assists underprivileged students for equitable access.

P147010

2/19/2015

2021/2053

IPF

Yes

65.0

44.9

SAR

Nepal

Post Disaster Second Financial Sector Stability Credit supports the financial
sector medium-term reform program to reduce the vulnerability of the banking
sector and increase its transparency.

P133777

6/29/2015

2021/2053

DPL

Yes

100.0

72.0

SAR

Nepal

Earthquake Housing Reconstruction Project restores affected houses with multihazard resistant core housing units in targeted areas, and enhances the
government's ability to improve long-term disaster resilience.

P155969

6/29/2015

2021/2053

IPF

Yes

200.0

143.9

SAR

Pakistan

Sindh Agricultural Growth Project improves the productivity and market access of
small and medium producers in important commodity value chains.

P128307

7/7/2014

2019/2039

IPF

Yes

76.4

49.4

SAR

Pakistan

Enhanced Nutrition for Mothers and Children Project increases the coverage, in
targeted areas, of interventions that are known to improve the nutritional status of
children under two years of age and of pregnant and lactating women.

P131850

8/29/2014

2019/2039

IPF

Yes

36.2

23.5

SAR

Pakistan

Sindh Water Sector Improvement Project (First Phase) improves the efficiency
and effectiveness of irrigation water distribution, particularly with respect to
measures of reliability, equity, and user satisfaction, in three Area Water Boards
(AWB): Ghotki Feeder AWB; Left Bank Canals AWB; and Nara Canal AWB.

P131325

12/16/2014

2020/2039

IPF

Yes

Yes

138.0

93.1

SAR

Pakistan

P145617

1/28/2015

2020/2039

IPF

Yes

50.0

33.9

SAR

Pakistan

P145813

3/20/2015

2020/2039

IPF

Yes

187.0

132.7

P130193

4/30/2015

2020/2040

IPF

Yes

50.0

36.3

P154036

6/2/2015

2020/2040

IPF

Yes

125.0

88.9

P151620

6/18/2015

2020/2040

DPL

500.0

355.6

P131324

6/19/2015

2020/2040

IPF

Yes

188.0

133.7

P151916

6/24/2015

2020/2040

IPF

Yes

50.0

35.6

P147827

6/24/2015

2020/2040

IPF

Yes

165.0

117.4

Region

SAR

Pakistan

SAR

Pakistan

SAR

Pakistan

SAR

Pakistan

SAR

Sri Lanka

SAR

Sri Lanka

Sindh Public Sector Management Reform Project strengthens public sector


performance in the Province of Sindh through improved revenue generation and
expenditure management.
Sindh Irrigated Agriculture Productivity Enhancement Project improves
irrigation water management at tertiary and field levels in Sindh.
Punjab Skills Development Project improves the quality, labor market relevance
of, and access to skills training programs in priority sectors in the Punjab.
Disaster and Climate Resilience Improvement Project supports restoration of
resilient flood protection infrastructure and strengthens government capacity to
manage disasters and climate variability.
Second Fiscally Sustainable and Inclusive Growth Development Poilcy
Operation supports reforms to foster private and financial sector development and
to mobilize revenue and expand priority social spending.
Sindh Barrage Improvement Project improves the reliability and safety of the
Guddu barrage and strengthens the Sindh Irrigation Department's capacity to
operate and manage the barrage.
Early Childhood Development Project enhances equitable access to and
improves the quality of early childhood development services.
Water Supply and Sanitation Improvement Project increases access to piped
water services and improved sanitation in selected districts, and strengthens the
capacity of associated institutions.

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Date of
Approval

Notes: Numbers may not add to totals because of rounding. AFR = Africa ; EAP = East Asia and Pacific; ECA = Europe and Central Asia; LCR = Latin America and the Caribbean; MNA = Middle East and North Africa; SAR = South Asia; DPL = Development Policy (l); IPF = Investment Project Financing; PforR = Program-for-Results; - = not
applicable; c = IDA credit; g = IDA grant; l = IBRD loan; gu = IBRD or IDA guarantee. For more detailed information, see www.worldbank.org/projects.
a. Maturity dates are the earliest and latest repayment dates for the corresponding lending instruments committed for an operation.
b. Financing provided by trust funds administered by the World Bank.
c. Civil society involement includes projects with actual involvement of civil society organizations in identification, preparation, and/or appraisal of the project, and with intended civil society participation in the project's implementation, monitoring, and evaluation phases.
d. IDA funds are denominated in Special Drawing Rights (SDRs), which are valued on the basis of a "basket" of currencies. The U.S. dollar eqivalent of the SDR amount reflects the exchange rates in effect at the time of the negotiations of the credit or grant.
e. Principal amounts show the combined totals for the loans, credits, grants, or guarantees committed for an operation, unless otherwise indicated.
f. Operation includes grants to Guinea, Liberia, and Sierra Leone.
g. Operation includes grants to Guinea, Liberia, and Sierra Leone.
h. Operation includes credits to Cte d'Ivoire, Mali, and Niger, and grants to Chad, Cte d'Ivoire, and Mauritania.
i. Operation includes credits to Mozambique and Tanzania, and grants to Comoros and Mozambique.
j. Operation includes grants to Guinea and Mauritania.

45

Region

Country

Project Name and Development Objectives

Project ID

Date of
Approval

First/Last
Maturity Datea

k. Operation includes credits to Gambia, Guinea, Guinea-Bissau, and Senegal.


l. Operation includes credits to Kenya and Tanzania.
m. Operation includes credits to Burikina-Faso, Mali, Niger, and Senegal, and grants to Chad and Mauritania.
n. Operation includes credits to Burkina-Faso, Mali, and Niger.
o. Operation includes credits to Burkina-Faso and Cte d'Ivoire.

46

Lending
Instrument

Additional
Financing

Special
Financingb

Civil Society
Involvementc

IBRD
(US$)

Principal Commitment Amounts (millions)e


IDA
IDA
Special Financing
(SDRd)
(US$)
grant (US$)

Income by Region
Population living below $1.25 and $2 a day (19812011)

48

Share of people living on less than $1.25 a day

49

The number of people living on less than $1.25 a day and between $1.25 and $2 a day

50

Gross Domestic Product per Capita Index (200414)

51

47

Population living below $1.25 and $2 a day | 19812011


percent

Population living below $1.25 a day (2005 PPP)


Developing-country groups
1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

East Asia and Pacific


China
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
India
Sub-Saharan Africa

78.0
84.3
2.9
12.6
8.8
61.4
59.8
52.8

65.6
69.4
2.3
14.1
6.6
57.7
55.5
56.2

54.3
54.0
1.9
12.1
7.2
56.9
54.7
55.7

57.0
60.7
1.5
12.2
5.8
54.1
51.4
56.6

51.7
54.9
2.9
11.9
5.3
52.1
49.7
60.9

38.3
37.4
4.3
10.5
4.8
48.6
47.2
59.7

35.9
36.0
3.8
11.0
4.8
45.0
45.4
59.3

27.3
28.1
2.1
10.2
3.8
44.1
44.2
57.1

16.7
15.8
1.3
7.3
3.0
39.3
40.5
52.8

13.7
12.3
0.5
5.4
2.1
34.1
35.4
49.7

7.9
6.3
0.5
4.6
1.7
24.5
24.7
46.8

Region Total
excluding China

52.8
40.2

47.6
39.0

42.9
38.8

43.4
36.9

41.6
36.5

35.9
35.2

34.2
33.5

30.6
31.6

24.8
27.9

21.9
25.0

17.0
20.4

Population living below $2 a day (2005 PPP)


Developing-country groups

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

East Asia and Pacific


China
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
India
Sub-Saharan Africa

92.8
97.9
11.3
24.0
29.3
87.2
86.6
73.0

88.7
92.9
8.9
25.9
25.1
85.6
84.8
75.6

81.8
83.6
7.0
22.8
26.5
85.1
84.3
75.3

81.5
85.0
6.3
22.6
23.8
83.7
82.6
76.0

76.5
77.8
9.1
21.2
23.5
82.8
81.9
79.0

65.8
66.2
11.9
20.5
22.6
80.7
80.2
78.7

62.2
61.9
11.9
21.0
21.9
77.7
78.8
78.7

51.6
50.7
7.1
20.5
19.5
77.3
77.7
77.5

38.4
36.0
4.6
15.2
17.2
73.3
74.8
74.5

32.1
28.3
2.3
11.2
13.2
69.3
70.9
72.0

22.7
18.6
2.2
9.3
11.6
60.2
60.5
69.5

Region Total
excluding China

70.2
59.2

68.3
58.9

65.2
58.4

64.8
57.3

63.5
57.5

59.4
56.9

57.6
56.0

53.2
54.2

46.5
50.4

42.4
47.1

36.3
42.1

Population living below $1.25 and $2 a day | 19812011


millions

Population living below $1.25 a day (2005 PPP)


Developing-country groups

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

East Asia and Pacific


China
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
India
Sub-Saharan Africa

1,107
837
13
42
15
570
427
210

979
720
10
52
13
577
425
244

851
585
9
51
15
610
446
263

939
690
7
55
13
620
446
291

887
646
13
51
13
636
458
338

682
455
20
51
12
630
460
359

661
451
18
55
13
617
465
386

518
359
10
54
11
638
476
401

321
206
6
40
9
596
457
399

272
163
2
31
7
540
415
403

161
84
2
28
6
399
301
416

Region Total
excluding China

1,958
1,121

1,874
1,154

1,799
1,214

1,926
1,236

1,939
1,293

1,754
1,299

1,751
1,300

1,632
1,272

1,371
1,166

1,255
1,092

1,011
927

Population living below $2 a day (2005 PPP)


Developing-country groups

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

East Asia and Pacific


China
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia
India
Sub-Saharan Africa

1,319
972
48
88
51
810
619
291

1,322
963
39
100
47
855
648
328

1,282
906
32
94
55
912
688
355

1,342
964
29
99
54
960
718
389

1,314
917
43
97
57
1,012
754
439

1,172
806
56
99
58
1,047
780
473

1,145
775
56
107
60
1,068
807
511

978
649
33
108
56
1,118
837
543

745
469
22
84
52
1,111
843
563

637
375
11
64
42
1,100
833
585

460
250
10
55
39
979
739
617

Region Total
excluding China

2,606
1,634

2,692
1,729

2,730
1,823

2,873
1,909

2,962
2,045

2,905
2,100

2,946
2,171

2,837
2,188

2,576
2,107

2,438
2,063

2,160
1,910

Source: PovcalNet, World Bank.


Note: PPP = purchasing power parity. Data are current as of July 2015. Visit http://data.worldbank.org for data updates.

48

Share of people living on less than $1.25 a day (2005 PPP)


percent

East Asia and Pacific


Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

78.0

65.6

54.3

57.0

51.7

38.3

35.9

27.3

16.7

13.7

7.9

2.9

2.3

1.9

1.5

2.9

4.3

3.8

2.1

1.3

0.5

0.5

12.6

14.1

12.1

12.2

11.9

10.5

11.0

10.2

7.3

5.4

4.6

8.8

6.6

7.2

5.8

5.3

4.8

4.8

3.8

3.0

2.1

1.7

South Asia

61.4

57.7

56.9

54.1

52.1

48.6

45.0

44.1

39.3

34.1

24.5

Sub-Saharan Africa

52.8

56.2

55.7

56.6

60.9

59.7

59.3

57.1

52.8

49.7

46.8

Source: PovcalNet, World Bank


Note: PPP = purchasing power parity. Data are current as of July 2015. Visit http://data.worldbank.org for data updates.

80.0

East Asia and Pacific


60.0
Europe and Central Asia
Latin America and the
Caribbean
Middle East and North Africa

40.0

South Asia
20.0

Sub-Saharan Africa

0.0
1981

1984

1987

1990

1993

1996

1999

2002

49

2005

2008

2011

The number of people living on less than $1.25 a day and between $1.25 and $2 a day
billions
Region or country

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2010

People living on less than $1.25 a day, Sub-Saharan Africa

0.210

0.244

0.263

0.291

0.338

0.359

0.386

0.401

0.399

0.403

0.416

People living on less than $1.25 a day, South Asia

0.570

0.577

0.610

0.620

0.636

0.630

0.617

0.638

0.596

0.540

0.399

People living on less than $1.25 a day, East Asia and Pacific

1.107

0.979

0.851

0.939

0.887

0.682

0.661

0.518

0.321

0.272

0.161

People living on less than $1.25 a day, other developing regions

0.070

0.075

0.075

0.075

0.078

0.084

0.087

0.075

0.055

0.039

0.036

People living on more than $1.25 and less than $2 a day, all developing regions

0.648

0.818

0.931

0.947

1.023

1.151

1.195

1.205

1.205

1.183

1.149

Source: PovcalNet, World Bank


Note: Data are current as of July 2015. Visit http://data.worldbank.org for data updates.

While the number of people living on less than $1.25 a day has fallen, the number living on between $1.25 and $2 a day has increased.
People living in poverty (billions)

3.0

2.5

2.0

1.5

1.0

0.5

0.0
1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

People living on less than $1.25 a day, Sub-Saharan Africa

People living on less than $1.25 a day, South Asia

People living on less than $1.25 a day, East Asia and Pacific

People living on less than $1.25 a day, other developing regions

People living on more than $1.25 and less than $2 a day, all developing regions

50

2010

Gross Domestic Product per Capita Index | 200414


East Asia and Pacific

Africa

250

250

217
200

200

150

150
123

250

250

200

200

140

150

2014

2013

2012

2011

2010

2009

2008

150

124

250

250

200

200

150

150
115

Source: World Development Indicators database.

51

2014

2013

2012

2011

2010

2009

2014

2013

2012

2011

2010

2009

2008

2007

2004

2014

2013

2012

2011

2010

50
2009

50
2008

100

2006

100

100

2007

175

2005

100

2006

2008

South Asia

Middle East and North Africa

2005

2007

2006

2004

2014

2013

2012

2011

2010

2009

2008

2007

50
2006

50
2005

100

2005

100

100
100

2004

2007

Latin America and the Caribbean

Europe and Central Asia

2004

2006

2004

2014

2013

2012

2011

2010

2009

2008

2007

2006

50
2005

50
2004

100

2005

100

100
100

Organizational Information
Governors and Alternatives of the World Bank (June 30, 2015)

53

Executive Directors and Alternates of the World Bank and Their Voting Power (June 30, 2015)

58

Development Committee Communique (October 11, 2014)

61

Development Committee Communique (April 18, 2015)

64

Officers of the World Bank (June 30, 2015)

67

Organization Chart of the World Bank (March 2, 2015)

68

Remuneration of Executive Management, Executive Directors, and Staff (Fiscal 2015)

69

Offices of the World Bank

72

International Development Association Membership (June 30, 2015)

79

International Bank for Reconstruction and Development Membership (June 30, 2015)

84

Country Eligibility for Borrowing from the World Bank (July 1, 2015)

89

World Bank Expenditures by Organizational Unit (Fiscal 201115)

92

Contributions: Top-10 Trust Fund Donors (Fiscal 2015)

93

52

Governors and Alternatives of the World Bank | June 30, 2015


Member country

Governor

Alternate

Afghanistan

Eklil Ahmad Hakimi

Mohammad M. Mastoor

Albania

Shkelqim Cani

Elisabeta Gjoni

Algeria

Abderrahmane Benkhalfa

Abdelhak Bedjaoui

Aramando Manuel

Job Graca

Gaston Browne

Lennox Weston

Argentina

Axel Kicillof

Alejandro Vanoli Long

Armenia

Karen Chshmaritian

Pavel Safaryan

Australia

Joe Hockey

Steven Ciobo

Austria

Hans Joerg Schelling

Harald Waiglein

Azerbaijan

Elman Siradjogly Rustamov

Shahin Mustafayev

Bahamas, The

Perry G. Christie

John Rolle

Ahmed Bin Mohammed Al-Khalifa

Yusuf Abdulla Humood

Bangladesh

Abul Maal A. Muhith

Mohammad Mejbahuddin

Barbados

Christopher P. Sinckler

Martin E. Cox

Belarus +

Vasily Matyushevsky

Vladimir Zinovsky

Belgium

Johan Van Overtveldt

Jan Smets

Belize

Dean O. Barrow

Yvonne Sharman Hyde

Benin

Marcel A. de Souza

Komi Koutche

Bhutan

Namgay Dorji

Lam Dorji

Bolivia

Rene Gonzalo Orellana Halkyer

Luis Alberto Arce Catacora

Bosnia and Herzegovina

Denis Zvizdic

Josip Grubesa

Botswana

Ontefetse Kenneth Matambo

Solomon M. Sekwakwa

Brazil

Joaquim Vieira Ferreira Levy

Alexandre Antonio Tombini

Sultan Haji Hassanal Bolkiah

Abd Rahman Ibrahim

Vladislav Goranov

Dimitar Kostov

Burkina Faso

Jean Gustave Sanon

Lassane Kabore

Burundi

Tabu Abdallah Manirakiza

Leon Nimbona

Cabo Verde

Cristina Duarte

Carlos Furtado

Cambodia

Pornmoniroth Aun

Vissoth Vongsey

Cameroon

Emmanuel Nganou Djoumessi

Dieudonne Evou Mekou

Canada

Joe Oliver

Margaret Biggs

Central African Republic

Florence Limbio

Christophe Bremaidou

Chad

Mariam Mahamat Nour

Orozi Fodeibou

Chile

Rodrigo Osvaldo Valdes Pulido

Sergio Granados Aguilar

China

Jiwei Lou

Yaobin Shi

Colombia

Mauricio Cardenas Santamaria

Simon Gaviria Munoz

Comoros

Mze Chei Oubeidi

S. Soifiat Tadjiddine Alfeine

Congo, Democratic Republic of

Henri Yav Mulang

Jean-Claude Masangu Mulongo

Congo, Republic of

Gilbert Ondongo

Leon Raphael Mokoko

Costa Rica

Helio Fallas

Olivier Castro Perez

Cte d'Ivoire

Daniel Kablan Duncan

Jean Claude Brou

Croatia

Boris Lalovac

Igor Radenovic

Cyprus

Harris Georgiades

Christos Patsalides

Angola
Antigua and Barbuda

Bahrain

Brunei Darussalam
Bulgaria

Member country

Governor

Alternate

Czech Republic

Andrej Babis

(vacant)

Denmark

Kristian Jensen

Martin Bille Hermann

Djibouti

Ilyas Moussa Dawaleh

Amareh Ali Said

Dominica

Roosevelt Skerrit

Rosamund Edwards

Dominican Republic

Juan Temistocles Montas

Simon Lizardo

Ecuador

Fausto Eduardo Herrera Nicolalde

Patricio Rivera Yanez

Egypt, Arab Republic of

Naglaa El Ehwany

Ashraf Salman

El Salvador

Francisco Roberto Lorenzana-Duran

Carlos Enrique Caceres

Equatorial Guinea

Eucario Bacale Angue

Milagrosa Obono Angue

Eritrea

Berhane Habtermariam

Martha Woldegiorghis

Estonia

Sven Sester

Marten Ross

Ethiopia

Sufian Ahmed

Ahmed Shide

Fiji

Aiyaz Sayed-Khaiyum

Filimone Waqabaca

Finland

Alexander Stubb

Lenita Toivakka

France

Michel Sapin

Bruno Bezard

Gabon

Regis Immongault

Roger Owono Mba

Gambia, The

Abdou Kolley

Abdoulie Jallow

Georgia

Nodar Khaduri

George Kvirikashvili

Germany

Gerd Mueller

Thomas Steffen

Ghana

Seth E. Terkper

Mona Helen K. Quartey

Greece

Georgios Stathakis

Manousos Manousakis

Grenada

Keith C. Mitchell

Didacus Jules

Guatemala

Dorval Carias-Samayoa

Julio Suarez-Guerra

Guinea

Mohamed Diare

Sekou Traore

Guinea-Bissau

Geraldo Joao Martins

Degol Mendes

Guyana

Winston Jordan

(vacant)

Haiti

Wilson Laleau

Charles Castel

Honduras

Wilfredo Rafael Cerrato Rodriguez

Marlon Ramsses Tabora Munoz

Hungary

Mihaly Varga

Gabor Orban

Iceland

Gunnar Bragi Sveinsson

Bjarni Benediktsson

India

Arun Jaitley

Rajiv Mehrishi

Indonesia

Bambang P.S. Brodjonegoro

Andrinof Chaniago

Iran, Islamic Republic of

Ali Taieb Nia

Mohammad Khazaee Torshizi

Iraq

Hoshyar Mahmoud Zebari

(vacant)

Ireland

Michael Noonan

Derek Moran

Israel

Karnit Flug

Shai Babad

Ignazio Visco

Carlo Monticelli

Peter Phillips

Devon Rowe

Japan

Taro Aso

Haruhiko Kuroda

Jordan

Imad Najib Fakhoury

Saleh Al-Kharabsheh

Kazakhstan

Erbolat A. Dossaev

Madina Abylkassymova

Kenya

Henry Kiplagat Rotich

Kamau Thugge

Kiribati

Tom Murdoch

Eriati Manaima

Korea, Republic of

Kyunghwan Choi

Juyeol Lee

Italy
Jamaica

Member country

Governor

Alternate

Kosovo

Avdullah Hoti

(vacant)

Kuwait

Anas K. Al-Saleh

Abdulwahab Ahmed Al-Bader

Kyrgyz Republic

Adylbek Kasymaliev

Oleg Pankratov

Lao People's Democratic Republic

Liane Thykeo

Sonexay Sitphaxay

Latvia

Janis Reirs

Dana Reizniece-Ozola

Lebanon

Ali Hassan Khalil

Alain Hakim

Lesotho

Francis Mokoto Hloaele

Lerotholi Pheko

Liberia

Amara M. Konneh

(vacant)

Libya

Kamel Mohamed

(vacant)

Lithuania

Rimantas Sadzius

Algimantas Rimkunas

Luxembourg

Pierre Gramegna

Arsene Joseph Jacoby

Macedonia, former Yugoslav Republic of

Zoran Stavreski

Vladimir Pesevski

Madagascar

Herilanto Raveloharison

Vonintsalama Andriambololona

Malawi

Goodall E. Gondwe

Ronald Mangani

Malaysia

Mohd. Najib Abdul Razak

Mohd. Irwan Serigar Abdullah

Maldives

Abdulla Jihad

Ismail Ali Maniku

Mali

Mamadou Igor Diarra

Boubou Cisse

Malta

Edward Scicluna

Alfred S. Camilleri

Marshall Islands

Jack Ading

Clarence Samuel

Mauritania

Sid' Ahmed Raiss

Mohamed Lemine Ahmed Tar

Mauritius

Seetanah Lutchmeenaraidoo

Dharam Dev Manraj

Mexico

Luis Videgaray Caso

Fernando Aportela Rodriguez

Micronesia, Federated States of

Kensley K. Ikosia

Senny Phillip

Moldova

Anatol Arapu

Elena Matveeva

Mongolia

Jargaltulga Erdenebat

Naidansuren Zoljargal

Montenegro

Radoje Zugic

Nikola Vukicevic

Morocco

Mohammed Boussaid

Mohammed Louafa

Mozambique

Adriano Afonso Maleiane

Ernesto Gouveia Gove

Myanmar

Win Shein

Khin Saw Oo

Namibia

Carl Hermann Gustav Schlettwein

Ipumbu Shiimi

Nepal

Ram Sharan Mahat

Suman Prasad Sharma

Netherlands

Jeroen Dijsselbloem

Lilianne Ploumen

New Zealand

Bill English

Gabriel Makhlouf

Nicaragua

Ivan Acosta Montalvan

Francisco J. Mayorga

Niger

Amadou Boubacar Cisse

Gilles Baillet

Nigeria

Ngozi Okonjo-Iweala

Anastasia Mabi Daniel-Nwaobia

Norway

Borge Brende

Hans Brattskar

Oman

Darwish bin Ismail Al Balushi

(vacant)

Pakistan

Mohammad Ishaq Dar

Muhammad Saleem Sethi

Palau

Elbuchel Sadang

Rhinehart Silas

Panama

Dulcidio De La Guardia

Ivan Zarak

Papua New Guinea

Patrick Pruaitch

Dairi Vele

Paraguay

Santiago Pena Palacios

Pedro Daniel Correa Ramirez

Peru

Alonso Arturo Segura Vasi

Rossana Carla Polastri Clark

Member country

Governor

Alternate

Philippines

Cesar V. Purisima

Amando M. Tetangco, Jr.

Poland

Marek Belka

Piotr Wiesiolek

Portugal

Maria Luis Albuquerque

Manuel Rodrigues

Qatar +

Ali Sharieff Al Emadi

Abdullah Bin Saoud Al-Thani

Romania

Eugen Orlando Teodorovici

Liviu Voinea

Russian Federation

Anton Siluanov

Alexey Ulyukaev

Rwanda

Claver Gatete

Uzziel Ndagijimana

Samoa

Tuilaepa Sailele Malielegaoi

Iulai Lavea

Marco Arzilli

Renato Clarizia

So Tom and Prncipe

Americo d'Oliveira dos Ramos

Ana Maria da Conceicao Silveira

Saudi Arabia

Ibrahim A. Al-Assaf

Fahad A. Almubarak

Senegal

Amadou Ba

Birima Mangara

Dusan Vujovic

Rasim Ljajic

Jean Paul Adam

Caroline Abel

Sierra Leone

Kaifala Marah

Edmund Koroma

Singapore

Tharman Shanmugaratnam

Peter Ong Boon Kwee

Slovak Republic

Peter Kazimir

Jan Toth

Slovenia

Dusan Mramor

Irena Sodin

Solomon Islands

Snyder Rini

Harry Degruit Kuma

Somalia

Mohamed Adam Ibrahim

Bashir Isse

South Africa

Nhlanhla Nene

Lungisa Fuzile

South Sudan

David Deng Athorbei

Kornelio Koryom

Spain

Luis De Guindos

Inigo Fernandez de Mesa

Sri Lanka

Ravi Karunanayake

K.M. Liyanage

St. Kitts and Nevis

Timothy S. Harris

Hillary Hazel

St. Lucia

Kenny D. Anthony

Reginald Darius

St. Vincent and the Grenadines

Ralph E. Gonsalves

Laura Anthony-Browne

Sudan

Bader Eldin Mahmoud Abbas

Abd Elrahman Mohamed Dirar

Gillmore Hoefdraad

Andojo Rusland

Swaziland

Hlangusemphi Dlamini

Khabonina Mabuza

Sweden

Magdalena Andersson

Isabella Lovin

Switzerland

Johann N. Schneider-Ammann

Didier Burkhalter

Syrian Arab Republic

Humam Al-Jazaeri

Mohammad Hamandosh

Tajikistan

Abdusalom Qurbonov

Negmatullo Hikmatullozoda

Tanzania

Saada Mkuya Salum

Servacius Beda Likwelile

Thailand

Sommai Phasee

Rungson Sriworasat

Timor-Leste

Santina JRF Viegas Cardoso

Helder Lopes

Togo

Mawussi Djossou Semodji

Aheba Johnson

Tonga

Aisake Valu Eke

Tatafu Moeaki

Trinidad and Tobago

Larry Howai

Bhoendradatt Tewarie

Tunisia

Yassine Brahim

Kalthoum Hamzaoui

Cavit Dagdas

Hakan Tokac

Muhammetguly A. Muhammedov

Dovletmurat A. Mulkiyev

Maatia Toafa

Letasi Iuali

San Marino

Serbia
Seychelles

Suriname

Turkey
Turkmenistan
Tuvalu

Member country

Governor

Alternate

Uganda

Matia Kasaija

Keith Muhakanizi

Ukraine

Vitaliy Yarema

Aivaras Abromavicius

United Arab Emirates

Hamdan bin Rashid Al-Maktoum

Obaid Humaid Al Tayer

United Kingdom

Justine Greening

George Osborne

United States

Jacob J. Lew

Catherine Novelli

Danilo Astori

Pablo Ferreri

Uzbekistan

Galina Saidova

Ravshan Gulyamov

Vanuatu

Willie Jimmy Tapangararua

Simeon Malachi Athy

Rodolfo Clemente Marco Torres

Eudomar Rafael Tovar

Vietnam

Binh Van Nguyen

Thi Hong Nguyen

Yemen, Republic of

Mohammed Al-Maitami

Mutahar Abdulaziz Al-Abbasi

Zambia

Alexander B. Chikwanda

Fredson K. Yamba

Zimbabwe

Patrick Anthony Chinamasa

Willard Lowenstern Manungo

Uruguay

Venezuela, Repblica Bolivariana de

Source: Corporate Secretariat, June 30, 2015


+

Not a member of IDA

Executive Directors and Alternates of the World Bank and Their Voting Power | June 30, 2015
IBRD
Executive Director

IDA

Alternate

Casting votes of

Total
votes

% of
total

Total
votes

% of
total

Matthew McGuire

(Vacant)

United States

358,503

16.16

2,630,631

10.47

Masahiro Kan

Daiho Fujii

Japan

166,099

7.49

2,123,311

8.45

Shixin Chen

Jinadi Ye

China

107,249

4.83

532,536

2.12

Ursula Mueller

Wilhelm Rissmann

Germany

97,229

4.38

1,371,924

5.46

Gwen Hines

Clare Roberts

United Kingdom

87,246

3.93

1,517,718

6.04

Herv de Villeroch

Arnaud Delaunay

France

87,246

3.93

960,668

3.82

Franciscus Godts
(Belgium)

Gulsum
Yazganarikan
(Turkey)

Austria, Belarusa, Belgium, Czech


Republic, Hungary, Kosovo,
Luxembourg, Slovak Republic,
Slovenia, Turkey

111,568

5.03

1,174,630

4.67

Jose Rojas
(Mexico)

Beatriz de Guindos Costa Rica, El Salvador, Guatemala,


(Spain)
Honduras, Mexico, Nicaragua, Spain,
Venezuela (Repblica Bolivariana de)a

93,354

4.21

556,558

2.21

Sung-Soo Eun
(Republic of Korea)

Jason Allford
(Australia)

90,790

4.09

986,640

3.92

Frank Heemskerk
(Netherlands)

Roman Zhukovskyi Armenia, Bosnia and Herzegovina,


(Ukraine)
Bulgariaa, Croatia, Cyprus, Georgia,
Israel, Macedonia (former Yugoslav
Republic of), Moldova, Montenegro,
Netherlands, Romania, Ukraine

88,053

3.97

1,227,607

4.90

Alister Smith
(Canada)

Janet Harris
(St. Kitts and
Nevis)

Antigua and Barbudaa, The Bahamas,


Barbados, Belize, Canada, Dominica,
Grenada, Guyana, Ireland, Jamaicaa,
St. Kitts and Nevis, St. Lucia,
St. Vincent and the Grenadines

83,275

3.75

1,123,551

4.48

Subhash Garg
(India)

Mohammad
Tareque
(Bangladesh)

Bangladesh, Bhutan, India, Sri Lanka

80,539

3.63

1,022,222

4.06

Antonio Silveira
(Brazil)

Rosalia de Leon
(Philippines)

Brazil, Colombia, Dominican Republic,


Ecuador, Haiti, Panama, Philippines,
Surinamea, Trinidad and Tobago

76,463

3.45

838,427

3.34

Nasir Mahmood
Khosa
(Pakistan)

Omar Bougara
(Algeria)

Afghanistan, Algeria, Ghana, Iran


(Islamic Republic of), Morocco,
Pakistan, Tunisia

71,692

3.23

661,310

2.63

Satu-Leena Santala
(Finland)

Sanita Bajare
(Latvia)

Denmark, Estonia, Finland, Iceland,


Latvia, Lithuania, Norway, Sweden

71,574

3.23

1,357,511

5.40

Appointed

Elected

Australia, Cambodia, Kiribati, Korea


(Republic of), Marshall Islands,
Micronesia (Federated States of),
Mongolia, New Zealand, Palau, Papua
New Guinea, Samoa, Solomon
Islands, Tuvalu, Vanuatu

IBRD
Total
votes

IDA

Executive Director

Alternate

Casting votes of

% of
total

Total
votes

% of
total

Patrizio Pagano
(Italy)

Nuno Mota Pinto


(Portugal)

Albania, Greece, Italy, Maltaa,


Portugal, San Marinoa, Timor-Leste

68,972

3.11

786,300

3.12

Khalid Alkhudairy
(Saudi Arabia)

Turki Dhaifallah
Almutairi
(Saudi Arabia)

Saudi Arabia

67,160

3.03

813,491

3.24

Jorg G. Frieden
(Switzerland)

Wieslaw Szczuka
(Poland)

Azerbaijan, Kazakhstan, Kyrgyz


Republic, Poland, Serbia, Switzerland,
Tajikistan, Turkmenistana, Uzbekistan

66,735

3.01

1,131,518

4.50

Andrei Lushin
(Russian Federation)

Eugene Miagkov
(Russian
Federation)

Russian Federation, Syrian Arab


Republic

65,665

2.96

93,923

0.37

Rionald Silaban
(Indonesia)

Pornwasa
Sirinupongs
(Thailand)

Brunei Darussalama, Fiji, Indonesia,


Lao Peoples Democratic Republic,
Malaysia, Myanmar, Nepal, Singapore,
Thailand, Tonga, Vietnam

61,930

2.79

730,253

2.91

Merza H. Hasan
(Kuwait)

Karim Wissa
(Arab Republic of
Egypt)

Bahraina, Egypt (Arab Republic of),


Iraq, Jordan, Kuwait, Lebanon, Libya,
Maldives, Oman, Qatara, United Arab
Emirates, Yemen (Republic of)

57,261

2.58

535,410

2.13

Alejandro Foxley
(Chile)

Daniel Kostzer
(Argentina)

Argentina, Bolivia, Chile, Paraguay,


Peru, Uruguaya

45,392

2.05

377,438

1.50

Mohamed Kayad
(Djibouti)

Seydou Bouda
(Burkina Faso)

Benin, Burkina Faso, Cabo Verde,


Cameroon, Central African Republic,
Chad, Comoros, Congo (Democratic
Republic of), Congo (Republic of),
Cte dIvoire, Djibouti, Equatorial
Guinea, Gabon, Guinea, GuineaBissau, Madagascar, Mali, Mauritania,
Mauritius, Niger, So Tom and
Prncipe, Senegal, Togo

41,224

1.86

1,151,885

4.56

Peter Larose
(Seychelles)

Andrew Bvumbe
(Zimbabwe)

Botswana, Burundi, Eritrea, Ethiopia,


The Gambia, Kenya, Lesotho, Liberia,
Malawi, Mozambique, Namibiaa,
Rwanda, Seychellesa, Sierra Leone,
Somalia, South Sudan, Sudan,
Swaziland, Tanzania, Uganda,
Zambia, Zimbabwe

39,175

1.77

1,096,169

4.37

Ana Lourenco
(Angola)

Bongi Kunene
(South Africa)

Angola, Nigeria, South Africa

34,494

1.55

318,664

1.27

In addition to the Executive Directors and Alternates shown in the foregoing list, the following also served after
November 1, 2014:
Executive Director
- None -

a. Not a member of IDA.

End of period of service


- None -

Alternate

End of period of service

Sara Aviel
(United States)

February 8, 2015

Boonchai Charassangsomboon
(Thailand)

April 30, 2015

Roberto B. Tan
(Philippines)

January 15, 2015

FOR IMMEDIATE RELEASE

DEVELOPMENT COMMITTEE

JOINT MINISTERIAL COMMITTEE


OF THE
BOARDS OF GOVERNORS OF THE BANK AND THE FUND
ON THE
TRANSFER OF REAL RESOURCES TO DEVELOPING COUNTRIES
1818 H Street, N.W., Washington, D.C. 20433

Telephone: (202) 458-2980


Fax:
(202) 522-1618

Washington, DC October 11, 2014


1. The Development Committee met today, October 11, 2014, in Washington, D.C.
2. The global economy remains on a cautious watch and is subject to considerable downside risks. Shared
prosperity will require inclusive economic growth, job creation, and a sustained multilateral effort to
empower the poorest and most vulnerable. We encourage the World Bank Group (WBG) and the
International Monetary Fund (IMF) to work together with member countries to implement bold policies
to boost growth and to build resilience.
3. We are pleased that this years Global Monitoring Report (GMR) tracks, for the first time, the progress
made in pursuit of the WBGs goals of ending extreme poverty and boosting shared prosperity in a
sustainable manner, while continuing to report on the status of the Millennium Development Goals
(MDGs). The GMRs coverage of inequality between the bottom 40 percent and the rest of the
population, including high-income countries, provided a strong basis for our discussion of shared
prosperity.
4. We welcome the discussion on promoting shared prosperity and the WBGs role in supporting investment
in human capital, improved access to markets, structural reforms, financial inclusion, infrastructure,
improved tax and transfer systems, including social safety nets, and addressing climate change. We
underline the importance of policies and institutions to promote an enabling environment for the
development of the private sector, which is critical for investment, job creation, and inclusive and
sustained economic growth. We call on the WBG to support countries to prioritize and implement
tailored policies in these areas, to track results and impacts, and to build statistical capacity. We welcome
the IMFs commitment to provide support in its areas of special expertise, including the design of tax
policies and fiscal reforms.
5. Inclusiveness is at the core of shared prosperity. We stress the importance of continuing the WBGs
focus on gender. We encourage the WBG to deepen gender integration across its operations and to focus
more clearly on implementation and impact. We look forward to the WBGs updated Gender Equality
and Development Strategy, as well as future updates.

6. IDA countries have recorded strong growth since 2000 and have shown impressive resilience during the
global economic crisis. However, a fifth of IDA countries have not recorded per capita output growth
since then and are vulnerable to adverse shocks, including to natural disasters, epidemics, and economic
and financial sector vulnerabilities that can quickly reverse the progress achieved. We ask that the IMF
and the WBG continue to monitor economic risks and vulnerabilities.
7. We commend the WBG for its leadership and quick response to the Ebola crisis. We welcome the WBG
and IMFs rapid mobilization of emergency funding to support treatment and containment. We are
encouraged by the joint effort of the international community in West Africa and underscore the
importance of providing additional and ongoing coordinated support on the ground for the World Health
Organizations Ebola response Road Map. Beyond the human tragedy, economic losses in these countries
are devastating. Swift and coordinated action and financial support are critical to contain and mitigate
both direct and long-term economic impacts of the crisis, and build capacity to effectively deal with
epidemics.
8. We call for targeted actions and support for countries in turmoil and transition in the Middle East and
North Africa and in other regions. We emphasize the importance of the WBG and IMF providing
adequate support to these countries. We encourage both institutions to continue to focus on immediate
needs and help set the groundwork for expanded engagement when more stable circumstances allow for
it.
9. Fragile and Conflict Situations need a distinctive focus and assistance adapted to their specific
challenges. We call for stronger commitment to achieve concrete, measurable impact, while working to
better understand the drivers of conflict. Small island states remain vulnerable to economic shocks and
natural disaster risks, necessitating support adapted to their unique needs. We encourage the WBG to
further promote and support increased private investment opportunities in these countries.
10. We commend the WBG for integrating climate change and disaster risk management into country
planning, strategies, and financing. We ask the WBG to continue working on climate change, consistent
with the United Nations Framework Convention on Climate Change, and to contribute to the success of
the November Conference of the Parties in Lima, Peru.
11. Investment in infrastructure, including energy, is crucial to sustaining economic growth and ensuring
shared prosperity. We encourage the WBG to continue its operational and advisory support to improve
infrastructure. Funding for the Global Infrastructure Facility (GIF) is a welcome step to launch a
platform that will facilitate the mobilization of private capital for infrastructure projects. We are hopeful
that the GIF will soon acquire the required scale and ambition. We look forward to increased cooperation
to build a pipeline of commercially, ready-to-finance viable projects. We call on the WBG and IMF to
support countries to deliver efficient, reliable, affordable, and sustainable energy, including through the
Sustainable Energy for All Initiative.
12. We congratulate the WBG for delivering increased lending, investment, mobilization of resources,
including private sector investment, and advice this past fiscal year, while undergoing a fundamental
internal change process. We expect an important shift in the way the WBG operates to deliver more
efficient support to client countries, drawing on partnerships, integrated regional approaches, and
knowledge sharing, including South-South cooperation, responding to client needs and reacting quickly
to unexpected shocks. We will monitor the implementation of the change process and expect better

lending quality with increased development impact. We welcome the WBGs reiterated commitment to
diversity and inclusion, which is crucial to its institutional goals. We encourage the WBG to make
progress in achieving the agreed diversity targets as quickly as possible.
13. The UN-led post-2015 Development Agenda provides an opportunity to build a model of development
that is more inclusive and sustainable. We urge the WBG and the IMF to support the international efforts
to reach agreement on the post-2015 development goals. We note the particular significance of the Third
International Conference on Financing for Development in Addis Ababa in July 2015. We expect IDA-17
to be critical for accelerating progress on the MDGs, and the WBG, in general, for successful
implementation of the new development agenda.
14. We remain committed to the completion of the 2010 WBG shareholding realignment and urge all
members who are yet to subscribe to their allocated IBRD and IFC shares to do so. We remain fully
committed to concluding the next shareholding review in 2015.
15. The next meeting of the Development Committee is scheduled to take place on April 18, 2015, in
Washington, DC.

FOR IMMEDIATE RELEASE

DEVELOPMENT COMMITTEE
JOINT MINISTERIAL COMMITTEE
OF THE
BOARDS OF GOVERNORS OF THE BANK AND THE FUND
ON THE
TRANSFER OF REAL RESOURCES TO DEVELOPING COUNTRIES
1818 H Street, N.W., Washington, D.C. 20433

Telephone:
Fax:

(202) 458-2980
(202) 522-1618

Washington, DC April 18, 2015


1. The Development Committee met today, April 18, in Washington, D.C.
2. The global economy is growing slightly faster than in 2014, although growth rates vary widely among
countries. We remain vigilant to the risks from potential financial market volatility, movements in exchange
rates and oil and other commodity prices, and sluggish global trade. While some middle-income countries
(MICs) are experiencing easing of growth, low-income countries, as a group, continue to record good growth
rates. We call on the World Bank Group (WBG) and the International Monetary Fund (IMF) to support
countries efforts to spur inclusive growth and job creation and build resilience to adverse shocks, in order to
reduce poverty, and enhance shared prosperity in a sustainable manner, and protect hard-won gains in these
areas.
3. In aggregate, cheaper oil and commodities will result in a significant real income shift from oil exporters to
oil importers, with a net positive effect on growth in developing countries. This creates challenges for policy
makers in oil exporting countries, but also provides a favorable environment for subsidy and tax reforms for
more inclusive and sustainable growth. We urge the WBG and the IMF to help countries hit hard by falling
export receipts, tax revenues, or remittances, and to advise on energy pricing and the use of clean energy.
4. In this critical year, the international community will set the development vision and agenda for the next 15
years. We look forward to the Third Conference on Financing for Development in Addis Ababa in July, as
one of the key steps in determining the framework for financing the Post-2015 development agenda, including
the Sustainable Development Goals (SDGs). We commend the WBG, the IMF and the African Development
Bank, Asian Development Bank, European Bank for Reconstruction and Development, European Investment
Bank and Inter-American Development Bank for their close cooperation on this agenda. We also welcome the
special participation of the Secretary-General and high level officials of the United Nations, and the Heads of
the Multilateral Development Banks at this Development Committee meeting. We encourage the WBG to
ensure the technical robustness of the goals and targets and to strengthen countries data capacity, to enable
development and to monitor progress towards the WBGs goals and the SDGs.
5. The WBGs goals of ending extreme poverty and boosting shared prosperity, set in the broader context of
social, economic and environmental sustainability, are fully in line with the SDGs. Achieving the SDGs
requires a transformational vision that builds on lessons from the MDGs and combines all potential sources of
financing, including more effective and catalytic use of ODA, particularly for the poorest; strengthening
domestic resource mobilization, sound public financial management, and addressing the challenge of illicit

64

finance; promoting private finance and investment; and coordinating action on global issues. We expect the
WBG and the IMF to continue to work in partnership with governments, the UN, multilateral institutions,
bilateral agencies, civil society and the private sector, as well as with the new development institutions, within
their respective mandates.
6. We welcome efforts to deepen local financial markets and improve the policy and regulatory environments to
address risk, and catalyze investment from traditional and non-traditional, institutional and other public and
private investment sources and the development of innovative solutions to global challenges. IFC and MIGA
have a distinct and critical role in engaging the private sector to implement this ambitious agenda.
7. We urge the WBG to enhance its support for sustainable infrastructure development and financing, an
enabling environment to mobilize private long-term finance for commercially-viable projects, and
strengthening public and private partnerships, including through the recently approved Global Infrastructure
Facility (GIF).
8. IDA and IFCs rapid response, in coordination with other partners, was critical to contain and mitigate the
Ebola outbreak and we encourage the WBG to continue to support the affected countries in the recovery.
Looking ahead, we encourage the WBG to explore, in coordination with other international actors, the
potential of a Pandemic Financing Facility to mobilize and leverage public and private resources, including
insurance mechanisms, to help countries receive rapid funding in the face of an outbreak based on strong
preparedness plans. We commend the IMF for its support to Ebola-affected countries and for creating the
Catastrophe Containment and Relief Trust. We welcome the approach of the Global Financing Facility in
Support of Every Woman Every Child to be launched in Addis Ababa. We also note the importance of
addressing hunger and malnutrition.
9. Enhancing and accelerating gender equality is central to a comprehensive vision of sustainable development.
We look forward to the renewed gender strategy later this year and its implementation in the context of the
one WBG approach.
10. Achieving the SDGs will also require countries to deal with the challenges and consequences of climate
change and natural disasters. We commend the WBG commitment to mainstream low-carbon development
and Disaster Risk Management while maintaining focus on its poverty eradication mandate. We encourage
the WBG to further enhance its efforts and financing to contribute to the success of the 21st Conference of the
Parties of the UNFCCC in Paris. We take note of the WBG and IMF work on appropriate market-based
solutions and energy policy reforms.
11. We encourage the WBG to continue to implement its new strategy and complete the associated reforms,
including the Expenditure Review, in order to effectively deliver knowledge and financing to its clients. We
also welcome the ongoing consultations on the proposed World Bank Environmental and Social Framework
and the new Procurement Framework. We emphasize the importance of effectively implementing the new
frameworks with sufficient resources, building country capacity, and protecting communities and the
environment.
12. We ask the WBG to continue to monitor carefully the quality of its portfolio, to strengthen collaboration
across the Group focusing on development results, to promote South-South cooperation and to provide
effective support to fragile situations, small states, and regional cooperation. We emphasize the importance of
the WBG and IMF in providing significant support, where feasible, for countries in turmoil in the Middle East
and North Africa and in other regions. We also urge the WBG to enhance its engagement with MICs to help
them end extreme poverty and boost shared prosperity in a sustainable manner. We look forward to the
exploration of different options to generate additional IDA financing capacity, while focusing on the poorest
countries.

2
65

13. We take note of the progress made by the Board so far on the 2015 Shareholding Review. We attach great
importance to these regular reviews,1 in line with agreed principles. We look forward to further work by the
Board on the 2015 Review and commit to its completion by the time of the Annual Meetings in October.
14. The next meeting of the Development Committee is scheduled for October 10, 2015 in Lima, Peru.

In 2010 Governors agreed to conduct periodic IBRD and IFC Shareholding Reviews, every five years, beginning in 2015, noting
that: In each review, the Board of Governors would review the weight of all members in the world economy; review contributions
to the WBG development mission; and assess progress towards equitable voting power between developed and developing
members. While reviews would take place regularly, shareholding realignment would not necessarily be required with each review,
but only when shareholders, through the Board of Governors, decided that the results warranted adjustment.(DC2010-0006, April
19, 2010)

3
66

Officers of the World Bank | June 30, 2015

Name

Title

Jim Yong Kim

President

Sri Mulyani Indrawati

Managing Director and Chief Operating Officer

Bertrand Badr

Managing Director and World Bank Group Chief Financial Officer

Mahmoud Mohieldin

Corporate Secretary and President's Special Envoy

Kaushik Basu

Chief Economist and Senior Vice President

Anne-Marie Leroy

Senior Vice President and World Bank Group General Counsel

Roland K. Peters

Senior Vice President, Operations

Rachel Kyte

World Bank Group Vice President and Special Envoy, Climate Change

Sean McGrath

Vice President, World Bank Group Human Resources

Sanjay Pradhan

Vice President, Leadership, Learning, and Innovation

Cyril Muller

Vice President, World Bank Group External and Corporate Relations

Keith Hansen

Vice President, Global Practices and Cross-Cutting Solutions

Nena Stoiljkovic

Vice President, Global Practices and Cross-Cutting Solutions

Pedro Alba

Vice President, Budget, Performance Review, and Strategic Planning

Joachim von Amsberg

Vice President, Development Finance

Madelyn Antoncic

Vice President and Treasurer

Gonzalo Castro

Chairperson, Inspection Panel

Makhtar Diop

Vice President, Africa

Annette Dixon

Vice President, South Asia

Jorge Familiar Calderon

Vice President, Latin America and the Caribbean

Stephanie von Friedeburg

World Bank Group Chief Information Officer and Vice President, Information and Technology
Solutions

Hafez Ghanem

Vice President, Middle East and North Africa

Caroline Heider

Director-General, Independent Evaluation Group

Bernard Lauwers

Vice President and World Bank Group Controller

Leonard McCarthy

Vice President, Institutional Integrity

Hiroshi Naka

Vice President and Auditor-General

Hartwig Schafer

Vice President, Operations Policy and Country Services

Lakshmi Shyam-Sunder

Vice President and World Bank Group Chief Risk Officer

Axel van Trotsenburg

Vice President, East Asia and Pacific

Laura Tuck

Vice President, Europe and Central Asia

Xian Zhu

Vice President and World Bank Group Chief Ethics Officer

67

Organizational Chart
Effective March 2, 2015

Board of Governors

Caroline Heider
Director General
Independent Evaluation

Executive Directors

Leonard McCarthy
Vice President
Institutional Integrity

Gonzalo Castro
Chairperson
Inspection Panel

Anne-Marie Leroy
Sr. Vice President &
WBG General Counsel

Hiroshi Naka
Vice President &
Auditor-General
Internal Audit

Jim Yong Kim


President

Kaushik Basu
Sr. Vice President &
Chief Economist

Xian Zhu
Vice President &
WBG Chief Ethics Officer

Kyle Peters
Senior Vice President

Sri Mulyani Indrawati


Managing Director &
Chief Operating Officer

Sean McGrath
Vice President
WBG Human Resources

Sanjay Pradhan
Vice President
Leadership, Learning
& Innovation

Bertrand Badr
Managing Director
& WBG Chief
Financial Officer

Mahmoud Mohieldin
Corporate Secretary
& Presidents
Special Envoy

Cyril Muller
Vice President
WBG External &
Corporate Relations

Operations

Hartwig Schafer
Vice President

Makhtar Diop
Vice President

Operations Policy and


Country Services

Africa

Jorge Familiar Calderon


Vice President

Keith Hansen
Vice President

Latin America and


Caribbean

Global Practice
Cross-Cutting Solutions

Development Finance

Nena Stoiljkovic
Vice President

Pedro Alba
Vice President

Joachim von Amsberg


Vice President

Bernard Lauwers
Vice President &
WBG Controller
WBG Finance & Accounting

Axel van Trotsenburg


Vice President

Hafez Ghanem
Vice President

East Asia and Pacific

Middle East & North Africa

Global Practice
Cross-Cutting Solutions

Budget, Performance
Review & Strategic Planning

Laura Tuck
Vice President

Annette Dixon
Vice President

Rachel Kyte*
Vice President &
Special Envoy

Stephanie von Friedeburg


Vice President &
WBG CIO

Madelyn Antoncic
Vice President &
Treasurer

Europe and Central Asia

South Asia

WBG Climate Change

WBG Information and


Technology Solutions

Treasury

*Reports to the President in her role as Special Envoy

68

Lakshmi Shyam-Sunder
Vice President &
WBG Chief Risk Officer

Annual Remuneration Disclosure Notice


Background
Effective as of fiscal 2007, the Bank Group decided to disclose the remuneration of Executive Management,
Executive Directors, and staff in the annual report. The report contains the actual net salaries, annual Bank Group
contribution to the pension plan, and Bank Group contribution to benefits for the President, Executive Directors,
Alternate Executive Directors, and staff at Managing Directorlevel GK.
The annual Financial Disclosure report format was developed by a team composed of members from External
and Corporate Relations; the Office of Ethics and Business Conduct; Human Resources Department of
Compensation and Benefits; and Legal Institutional Administration. The report does not follow the exact Executive
Compensation Disclosure requirements in the U.S. Securities and Exchange Commission (SEC) Regulations S-K,
but is designed to provide a reasonable voluntary disclosure of Bank Group compensation and benefits.
The report also lists the staff salary structure with the overall average benefits at each grade level.

Calculation of Compensation and Benefits


Consistent with previous years, in fiscal 2015 the following assumptions were used to determine the annual Bank
Group contribution to the pension plan and other benefits:
Executive Management Remuneration
1. Annual net salary: This shows the actual annual net salary as of June 30, 2015.
2. Annual Bank Group contribution to the pension plan: This represents the Bank estimated contribution to
the pension plan calculated as a percentage of salaries, as approved by the Pension Finance Committee
(PFC). For fiscal 2015, the overall Staff Retirement Plan (SRP) contribution rate is 32.25 percent as
provided by Treasury. The Bank Group pension contribution decreased from 34.59 percent in fiscal 2014
to 32.25 percent in fiscal 2015. SRP contribution rates are determined using an adjusted value of pension
plan assets based on an averaging methodology. a
3. The estimated contribution split between gross and net plan participants is 46.41 percent for gross plan
and 29.41 percent for net plan as estimated by the Banks Principal Actuary.
4. Thus, for Executive Management in the gross plan (Jin-Yong Cai and Roland K. Peters) the FY15
pension contribution is estimated at 46.41 percent. For the rest of management, who are in the net plan,
the pension contribution is estimated at 29.41 percent.
The Annual Bank Group contribution to other benefits: This is an estimate of the Bank contribution to
benefits (excluding pension, tax allowances of 11.76 percent, and separation grant of 1.93 percent for
those not eligible). The historical average benefits, excluding pension, is 38 percent of salary.

Next Steps
The enclosed annual disclosure report will be published as part of the Bank Annual Report and posted on the
accompanying website.

a The PFC considered and approved a revised funding methodology in December 2009, which became effective for SRP
valuations as of January 1, 2010, and contribution calculations as of July 1, 2010. The revised funding method is projected to
further stabilize the pattern of Bank contributions, with the annual change in contribution rates expected to be approximately
half that under the previous method over the longer term. The new funding policy is based on the SRPs actuarial asset value
on a smoothed average of the preceding five years; previously, the funding policy used a three-year average.

69

Remuneration of Executive Management, Executive Directors, and Staff


To recruit and retain highly qualified staff, the World Bank Group has developed a compensation and benefits
system designed to be internationally competitive, to reward performance, and to take into account the special
needs of a multinational and largely expatriate staff. The Bank Group's staff salary structure is reviewed annually
by the Executive Directors and, if warranted, is adjusted on the basis of a comparison with salaries paid by private
financial and industrial firms and by representative public sector agencies in the U.S. market. After analyses of
updated comparator salaries, the Board approved an average increase in the salary structure of 2.7 percent for
fiscal year 2015, effective July 1, 2015, for Washington-based staff.
The annual salaries (net of taxes) of Executive Management of the World Bank Group were as follows as of June
30, 2015:
Executive Management: Annual salaries (net of taxes, in U.S. dollars)
Annual net
salarya

Annual WBG
contribution to
pension planb

Annual WBG
contribution to
other benefitsc

Jim Yong Kim, Presidentd

492,690

144,900

207,963

Sri Mulyani Indrawati, Managing Director

409,950

120,566

99,659

405,270

119,190

98,521

Jin-Yong Cai, Executive Vice President, IFC

399,490

185,403

97,116

Anne-Marie Leroy, Senior VP and World Bank Group General Counsel

379,160

111,511

92,174

Kaushik Basu, Senior Vice President and Chief Economist

377,670

111,073

91,812

Mahmoud Mohieldin, Corporate Secretary and President's Special Envoy

376,990

110,873

91,646

Keiko Honda, Executive Vice President, MIGA

375,050

110,302

91,175

368,310

170,933

96,645

347,970

102,338

84,592

Executive Directors

252,720

n.a.

n.a.

Alternate Executive Directorsg

218,620

n.a.

n.a.

Name and position

Bertrand Badr, Managing Director, Finance and CFOe


h

Roland K. Peters, Senior Vice President, Operations

f,h

Caroline Heider, Director-General


g

a. The salaries are set on a net-of-tax basis as World Bank Group staff, other than U.S. citizens, are usually not required to pay income
taxes on their Bank Group compensation.
b. Approximate annualized World Bank Group contribution made to the Staff Retirement Plan and deferred compensation plans from July 1,
2014 through June 30, 2015.
c. Other benefits include annual leave, medical, life and disability insurance, accrued termination benefits, and other nonsalary benefits.
Other benefits exclude tax allowances.
d. Jim Yong Kim's World Bank Group contribution to other benefits includes a supplemental allowance of $88,190 to cover expenses. As a
U.S. citizen, his salary is taxable and he receives a tax allowance to cover the estimated taxes on his Bank salary and benefits. In
addition to his pension, he receives a supplemental retirement benefit equal to 5 percent of annual salary.
e. Bertrand Badr received a special skills premium for the period July 1, 2014 through September 30, 2014 in the amount of $23,688.
f. Roland K. Peters' appointment to Senior Vice President was effective December 1, 2014. His actual net-of-tax salary for July 1, 2014
through June 30, 2015 was $350,485. The World Bank Group contributed approximately $162,660 to his pension and $91,967 to other
benefits over the fiscal year.
g. These figures do not apply to the U.S. Executive Director and Alternate Executive Director, who are subject to U.S. congressional salary
caps.
h. Pension benefits for these staff members are based on Staff Retirement Plan (SRP) provisions in effect prior to April 15, 1998.

70

As of June 30, 2015, the salary structure (net of tax) and annual average net salaries and benefits for World Bank
Group staff was as follows:
Staff Salary Structure (Washington, DC)
Minimum
Grades Representative job titles
GA

Market
reference

Maximum

(U.S. dollars) (U.S. dollars) (U.S. dollars)

Staff at
Average
grade level salary/grade
(percent)

Average
benefita

(U.S. dollars) (U.S. dollars)

Office Assistant
Team Assistant; Information
Technician
Program Assistant; Information
Assistant
Senior Program Assistant; Information
Specialist; Budget Assistant

23,900

34,100

44,300

0.02

42,233

24,702

30,100

43,000

55,900

0.5

44,269

25,893

37,200

53,100

69,000

9.5

55,934

32,716

43,900

62,700

81,500

7.6

69,346

40,560

GE

Analyst

58,900

84,200

109,500

10.0

79,845

46,701

GF

Professional

78,300

111,900

145,500

22.4

103,520

60,549

GG

Senior Professional

105,700

151,000

196,300

31.0

142,515

83,357

GH

Manager; Lead Professional

144,000

205,700

267,400

16.1

200,468

117,254

GI

Director; Senior Advisor

220,800

276,000

331,200

2.4

264,534

154,726

GJ

Vice President

272,500

320,600

368,700

0.4

327,814

191,738

GK

Managing Director; Executive Vice


President

303,000

356,500

410,000

0.1

382,207

220,614

GB
GC
GD

Note: Because World Bank Group staff, other than U.S. citizens, usually are not required to pay income taxes on their Bank Group compensation,
the salaries are set on a net-of-tax basis. These salaries are generally equivalent to the after-tax take-home pay of the employees of the
comparator organizations and firms from which Bank Group salaries are derived. Only a relatively small minority of staff will reach the upper
third of the salary range.
a. Includes medical, life and disability insurance; accrued termination benefits; and other nonsalary benefits. Excludes tax allowances.

71

Offices of the World Bank


Washington, DC
1818 H Street N.W.
Washington, D.C. 20433, U.S.A.
Tel: (202) 473-1000
Fax: (202) 477-6391
E-mail: Feedback@worldbank.org
Web: http://www.worldbank.org
New York
Ms. Dominique Bichara
The World Bank Group
1 Dag Hammarskjold Plaza
885 2nd Avenue, 26th Floor
New York, N.Y. 10017, U.S.A.
Tel: (212) 317-4720
Fax: (212) 317-4733
E-mail: dbichara@worldbankgroup.org
* Europe
Mr. Stefan Emblad
The World Bank Group
66 avenue dIna
75116 Paris, France
Tel: (33-1) 40 69 30 57
Fax: (33-1) 40 69 30 64
E-mail: semblad@worldbankgroup.org
Web: http://www.worldbank.org/europe
Berlin
Mr. Rainer Venghaus
The World Bank
Reichpietschufer 20
10785 Berlin, Germany
Tel: (49-30) 7261 4254
Fax: (49-30) 7261 4255
E-mail: rvenghaus@worldbankgroup.org
Web: http://www.worldbank.org/eu
Brussels
Mr. Massimiliano Paolucci
The World Bank Group
Avenue Marnix 17
1000 Brussels, Belgium
Tel: (32-2) 552 00 52
Fax: (32-2) 552 00 25
E-mail: mpaolucci@worldbankgroup.org
Web: http://www.worldbank.org/eu
Geneva
Ms. Selina Elizabeth Jackson
The World Bank
3 chemin Louis-Dunant
Post Office Box 66
1211 Geneva 20, Switzerland
Tel: (41-22) 748 1000
Fax: (41-22) 748 1030
E-mail: sjackson2@worldbankgroup.org
London
Mr. Andrew J. Felton
The World Bank Group
12th Floor, Millbank Tower
21-24, Millbank
London SW1P 4QP, England
Tel: (44-20) 7592 8400
Fax: (44-20) 7592 8420
E-mail: afelton@worldbankgroup.org
Web: http://www.worldbank.org/europe
Rome
The World Bank
Via Labicana 110
00184 Rome, Italy
Tel: (39-06) 77 71 02 04
Fax: (39-06) 70 96 046
Web: http://www.worldbank.org/europe

Tokyo
Mr. Yasusuke Tsukagoshi
The World Bank Group, Office of the
Special Representative, Japan
10th Floor, Fukoku Seimei Building
2-2-2 Uchisaiwai-cho, Chiyoda-ku,
Tokyo 100-0011 Japan
Tel: (81-3) 3597-6650
Fax: (81-3) 3597-6695
E-mail:ytsukagoshi@worldbankgroup.org
Web: http://www.worldbank.org/japan/jp
* Afghanistan
Mr. Robert J. Saum
The World Bank Group
Street No. 15, House No. 19
Wazir Akbar Khan
Kabul, Afghanistan
Tel: (93-708) 523-110
E-mail: rsaum@worldbank.org
Web: http://www.worldbank.org/af
Albania
Ms. Tahseen Sayed Khan
The World Bank Group
Ibrahim Rugova Street, Villa No. 34
Tirana, Albania
Tel: (355-4) 2280 650/51
Fax: (355-4) 2240 590
E-mail: TSayed@worldbank.org
Web: http://www.worldbank.org.al
Algeria
Mr. Emmanuel Noubissie Ngankam
The World Bank Group
07, Chemin Macklay
Ben Aknoun
Algiers, Algeria 16306
Tel: (213) 21 79 51 53 - 58
Fax: (213) 21 79 51 59
E-mail: enoubissie@worldbank.org
Web: http://www.worldbank.org/dz
Angola
Ms. Clara Ana Coutinho De Sousa
Banco Mundial
Largo Albano Machado
N 23/25, Maculusso
Luanda, Republica de Angola
(postal address: Caixa Postal 1331)
Tel: (244-222) 394-677
Fax: (244-222) 394-784
E-mail: cdesousa@worldbank.org
Web: http://www.worldbank.org/ao
* Argentina
Mr. Jesko S. Hentschel
The World Bank Group
Bouchard 547, 28 & 29 Floors
C1106ABG Buenos Aires, Argentina
Tel: (54-11) 4316-9700 / 4316-0600
Fax: (54-11) 4313-1233
E-mail: Jhentschel@worldbank.org
Web: http://bancomundial.org.ar
Armenia
Ms. Laura Bailey
The World Bank Group
9 Grigor Lousavorich Street, 6th floor
Yerevan 0015, Armenia
Tel: (374-10) 520 992
Fax: (374-10) 521 787
E-mail: lbailey@worldbank.org
Web: http://www.worldbank.org/am

* Australia
Mr. Franz R. Drees-Gross
The World Bank Group
Level 19, 14 Martin Place
Sydney NSW 2000, Australia
Tel: (61-2) 9235-6514
Fax: (61-2) 9235-6593
E-mail: Fdrees@worldbank.org
Web: http://www.worldbank.org/eap
* Austria
Ms. Ellen A. Goldstein
Country Director and Regional Coordinator for
Southeast Europe
The World Bank Group
31 Praterstrasse, 21st floor
1020 Vienna, Austria
Tel: (43-1) 217- 0700
Fax: (43-1) 217-0701
E-mail: egoldstein@worldbank.org
Web: http://www.worldbank.org/cfrr
Azerbaijan
Ms. Larisa Leshchenko
The World Bank Group
90A Nizami Street
The Landmark III, 5th Floor
Baku, AZ1010, Azerbaijan
Tel.: (994-12) 492 1941
Fax: (994-12) 492 6873
E-mail: Lleshchenko@worldbank.org
Web: http://www.worldbank.org.az
* Bangladesh
Mr. Johannes C.M. Zutt
The World Bank
Plot E-32, Agargaon
Sher-e-Bangla Nagar
Dhaka 1207, Bangladesh
(postal address: G.P.O. Box 97)
Tel: (880-2) 5566-7777
Fax: (880-2) 5566-7778
E-mail: jzutt@worldbank.org
Web: http://www.worldbank.org.bd
Belarus
Mr. Young Chul Kim
The World Bank
2A Gertsen Street, 2nd Floor
Minsk, 220030, Republic of Belarus
Tel: (375-17) 359-1950
Fax: (375-17) 3559-1962
E-mail: Ykim2@worldbank.org
Web: http://www.worldbank.org.by
* Belgium
Mr. Christian Bodewig
Europe and Central Asia Unit
The World Bank Group
Avenue Marnix 17
1000 Brussels, Belgium
Tel: (32-2) 504 09 94
Fax: (32-2) 504 09 99
E-mail: cbodewig@worldbank.org
Web: http://www.worldbank.org/eca
Belgium
Mr. Massimiliano Paolucci
Special Representative to the European
Union Institutions
The World Bank Group
Avenue Marnix 17
1000 Brussels, Belgium
Tel: (32-2) 552 00 52
Fax: (32-2) 552 00 25
E-mail: mpaolucci@worldbankgroup.org
Web: http://www.worldbank.org/eu

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


Benin
Ms. Katrina M. Sharkey
Banque Mondiale
Route de l'Aeroport
Avenue Jean-Paul II
Face Hotel Marina ex-Sheraton
Cotonou, Bnin
(postal address: 03 B.P. 2112)
Tel: (229) 21 30 58 57
Fax: (229) 21 30 17 44
E-mail: Ksharkey@worldbank.org
Web: http://www.worldbank.org/bj
Bhutan
Ms. Genevieve F. Boyreau
The World Bank Group
Bhutan Development Bank Ltd Building
Norzin Lam
Chubachu
P.O. Box 244
Thimphu, Bhutan
Tel: (975) 77 182 111
Fax: (975) 77 182 113
E-mail: gboyreau@worldbank.org
Bolivia
Mr. Nicola Pontara
The World Bank Group
Edificio Victor (WB) Piso 9/ (IFC) Piso 8
Calle Fernando Guachalla #342 Sopocachi
La Paz, Bolivia
(postal address: Casilla 8692)
Tel: (591-2) 261-3300
Fax: (591-2) 261-3305
E-mail: npontara@worldbank.org
Web: http://www.worldbank.org/bo
Bosnia and Herzegovina
Ms. Tatiana A. Proskuryakova
The World Bank
UNITIC Tower B
Fra Andjela Zvizdovica 1
71000 Sarajevo
Bosnia and Herzegovina
Tel: (387-33) 251 500
Fax: (387-33) 226 945
E-mail: Tproskuryakova@worldbank.org
Web: http://www.worldbank.org.ba/
Botswana
Ms. Elene Imnadze
The World Bank
Time Square
Plot 134
Independence Avenue
Gaborone, Botswana
Tel: (267) 310 5465
Fax: (267) 310 5456
E-mail: Eimnadze@worldbank.org
(Postal address: P.O. Box 20976)
* Brazil
Ms. Deborah L. Wetzel
Banco Mundial
Setor Comercial Norte Quadra 02
Lote A Edificio
Corporate Financial Center
7o Andar
Brasilia, DF 70712-900, Brasil
Tel: (55-61) 3329-1000
Fax: (55-61) 3329-1010
E-mail: Dwetzel@worldbank.org
Web: http://www.worldbank.org/br

Bulgaria
Mr. Antony Thompson
The World Bank Group
World Trade Center - Interpred
36 Dragan Tsankov Blvd.
Block A, 5th Floor
1057 Sofia, Bulgaria
Tel: (359-2) 969 72 29
Fax: (359-2) 971 20 45
E-mail: Athompson@worldbank.org
Web: http://www.worldbank.bg/
Burkina Faso
Ms. Mercy Miyan Tembon
The World Bank Group
179, Avenue du Prsident Saye Zerbo
Zone de Ambassades, Koulouba
Ouagadougou 01, Burkina Faso
(postal address: BP 622)
Tel: (226) 5049 6300
Fax: (226) 5049 6364
E-mail: mtembon@worldbank.org
Web: http://www.worldbank.org/bf
Burundi
Mr. Rachidi B. Radji
Banque Mondiale
Avenue de lAviation, Rohero 1
Bujumbura, Burundi
(postal address: B.P. 2637)
Tel: (257) 2222 6200, 2222 2443, 2224 5111
Fax: (257) 2222 6005, 2220 6286
E-mail: Rradji@worldbank.org
Web: http://www.worldbank.org/bi
Cambodia
Mr. Alassane Sow
The World Bank
113 Norodom Boulevard
Phnom Penh, Cambodia
Tel: (855-23) 861300
Fax: 861 301, 861 302
E-mail: Asow@worldbank.org
Web: http//www.worldbank.org/kh
* Cameroon
Ms. Elisabeth Huybens
Banque Mondiale
rue 1. 792, No. 186
Yaound, Cameroon
(postal address: B.P. 1128)
Tel: (237) 22 20 38 15
Fax: (237) 22 21 07 22
E-mail: ehuybens@worldbank.org
Web: http://www.worldbank.org/cm
Central African Republic
Mr. Jean-Christophe Carret
The World Bank Group
Rue des Missions
Bangui, Rpublique Centrafricaine
(postal address: B.P. 819)
Tel: (236) 21 61 61 38
Fax: (236) 21 61 60 87
E-mail: jcarret@worldbank.org
Web: http://www.worldbank.org/cf

Chad
Mr. Adama Coulibaly
The World Bank Group
Avenue Charles de Gaulle
et Avenue Mahamat Ali Younousmi Jackson
Quartier Bololo
NDjamena, Chad
(postal address: B.P. 146)
Tel: (235) 2252-3247, 2252-3360
Fax: (235) 2252-4484, 2252-5110
E-mail: acoulibaly2@worldbank.org
Web: http://www.worldbank.org/td
Chile
Mr. Javier Zuleta
The World Bank Group
Dag Hammarskjod 3241
Vitacura, Santiago
Chile
E-mail: jzuleta1@worldbank.org
Tel: (562) 654-1065
Fax: (562) 654-1099
* China
Mr. Bert Hofman
The World Bank Group
16th Floor, China World Office 2
No. 1 Jian Guo Men Wai Avenue
Beijing, 100004
People's Republic of China
Tel: (86-10) 5861-7600
Fax: (86-10) 5861-7800
E-mail: Bhofman@worldbank.org
Web: http://www.worldbank.org/china
Colombia
Mr. Issam A. Abousleiman
The World Bank Group
Carrera 7 No.71-21
Torre A, piso 16 (WB) or Piso 14 (IFC)
Apartado 10229
Bogota, Colombia
Tel: (57-1) 326-3600
Fax: (57-1) 326-3480
E-mail: Iabousleiman@worldbank.org
Web: http://www.worldbank.org/co
Web: http://bancomundial.org/co
* Congo, Democratic Republic of the
Mr. Ahmadou Moustapha Ndiaye
The World Bank Group
Boulevard: Tshatshi, no. 49
Kinshasa-Gombe
Democratic Republic of the Congo
Tel: (243) 9999 49015
E-mail: andiaye@worldbank.org
Web: http://www.worldbank.org/cd
Congo, Republic of
Mr. Djibrilla Adamou Issa
The World Bank
Immeuble BDEAC, 2me tage
Boulevard Denis Sassou Nguesso
P.O. Box 14536
Brazzaville, Republic of Congo
Tel: (242) 22281 33 30, 22281 46 38
Fax: (242) 22281 53 16
E-mail: dissa1@worldbank.org
Web: http://www.worldbank.org/cg

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


* Cte dIvoire
Mr. Ousmane Diagana
The World Bank Group
Cocody - Angle des rues Booker Washington and
Jacques Aka
Abidjan, Cte d'Ivoire
(postal address: B.P. 1850)
Tel: (225) 22 40 04 00
Fax: (225) 22 40 04 61
E-mail: Odiagana@worldbank.org
Web: http://www.worldbank.org/ci

El Salvador
Mr. Fabrizio Zarcone
The World Bank Group
Calle El Mirador
Edificio Torre Futura Nivel 9, Locales 904 & 905
Colonia Escaln,
San Salvador, El Salvador
Tel: (503) 2526-5900
Fax: (503) 2526-5936
E-mail: fzarcone@worldbank.org
Web: http://www.worldbank.org/sv

* Ghana
Mr. Henri G.R. Kerali
The World Bank Group
Independence Avenue
Plot # 3, Ridge
Accra, Ghana
(postal address: P.O. Box M. 27)
Tel: (233-302) 229681 / 220837
Fax: (233-302) 227887
E-mail: hkerali@worldbank.org
Web: http://www.worldbank.org/gh

Croatia
Mr. Carlos Pinerua
The World Bank Group
Radnika cesta 80/IX
10000 Zagreb, Croatia
Tel: (385-1) 2357-222
Fax: (385-1) 2357-200
E-mail: cpinerua@worldbank.org
Web: http://www.worldbank.hr/

Ethiopia
The World Bank Group
Africa Avenue (Bole Road) Wollo Sefer
on the bridge across from the old Karamara/
adjacent to Civil Service Ministry
Kirkos Sub-City
Addis Ababa Ethiopia
(postal address: P.O. Box 5515)
Tel: (251-11) 517 60 00
Fax: (251-11) 662 77 17
Web: http://www.worldbank.org/et

Guatemala
Mr. Oscar Avalle
The World Bank Group
13 Calle 3-40
Zona 10, Edificio Atlantis, Piso 14
Guatemala City, Guatemala
Tel: (502) 2329-8000
Fax: (502) 2329-8099
E-mail: Oavalle@worldbank.org
Web: http://www.worldbank.org/gt

Dominican Republic
Mr. McDonald P. Benjamin
The World Bank Group
Novocentro Piso 10
Av. Lope de Vega No. 29
Santo Domingo, Repblica Dominicana
Tel: (809) 872-7300
Fax: (809) 872-7307
E-mail: Mbenjamin1@worldbank.org
Web: http://www.bancomundial.org.do
Djibouti, Republic of
Mrs. Homa-Zahra Fotouhi
The World Bank Group
Lot 155, Extension Heron
Djibouti, Republic of Djibouti
(postal address: P.O. Box 1612)
Tel: (253) 21 35 10 90
Fax: (253) 21 35 90 30
Mobile (253) 77 78 66 84
E-mail: hfotouhi@worldbank.org
Ecuador
Mrs. Indu John-Abraham
Banco Mundial
Calle 12 de Octubre 1830 y Cordero
World Trade Center
Torre B, Piso 13
Quito, Ecuador
Tel: (593-2) 294-3600
Fax: (593-2) 294-3601
E-mail: ijohnabraham@worldbank.org
Web: http://www.worldbank.org/ec
* Egypt, Arab Republic of
Mr. Asad Alam
The World Bank
World Trade Center
1191 Corniche El-Nil, 15th Floor, Boulaq
Cairo 11221, Arab Republic of Egypt
Tel: (20-2) 2574 1670
Fax: (20-2) 2574 1676
E-mail: Aalam@worldbank.org
Web: http://www.worldbank.org/eg

France, Marseille
Mr. Mourad Ezzine
The World Bank
Center for Mediterranean Integration (CMI)
Villa Valmer
271 Corniche Kennedy
13007 Marseille, France
Tel: (33-4) 91 99 24 51
Fax: (33-4) 91 99 24 79
E-mail: Mezzine@worldbank.org
Web: http://www.cmimarseille.org
Gabon
Ms. Sylvie Dossou
Banque Mondiale
Quartier: Derrire le Palais de Justice
P.O. Box 4027
Libreville, Gabon
Tel: (241) 73 81 68 /71 /72
Fax: (241) 73 81 69
E-mail: sdossou@worldbank.org
Web: http://www.worldbank.org/ga
Gambia, The
Ms. Yassin Saine Njie
The World Bank, Liaison Office
UN House, 5 Koffi Annan Street
Cape Point Bakau Kanifing Municipal Council
(KMC)
The Gambia
Tel: (220) 449-8089 / 449-8090
Fax: (220) 449-7936
E-mail: ynjie@worldbank.org
Web: http://www.worldbank.org/en/country/gambia
Georgia
The World Bank Group
5A, (WB) / 5B, (IFC)
Nino Ramishvili Street
Tbilisi, 0179 Georgia
Tel: (995-32) 291 3096
Fax: (995-32) 291 3478
Web: http://www.worldbank.org/eca

Guinea
Mr. Cheick Fantamady Kante
The World Bank Group
Immeuble de lArchevch
Face Baie des Anges
Conakry, Guine
(postal address: B.P. 1420)
Tel: (224) 669 88 88 10/622 66 27 66
Fax: (224) 666 33 84 11
E-mail: ckante@worldbank.org
Web: http://www.worldbank.org/gn
Guinea-Bissau
Ms. Carmen Maria Pereira
The World Bank, Liaison Office
Avenida Francisco Mendes, C.P. 214
Bissau Codex 1124
Bissau, Guinea-Bissau
Tel: (245) 670 7615
E-mail: cpereira@worldbank.org
Web:
http://www.worldbank.org/en/country/guineabiss
au
Guyana
The World Bank
87 Carmichael Street
South Cummingsburg
Georgetown, Guyana
Tel: (592) 223 5036
Fax: (592) 225 1384
Web: http://www.worldbank.org/gy
Haiti
Ms. Mary A. Barton-Dock
Banque Mondiale
7, rue Og
Ption-Ville, Haiti
Tel: (509) 3798-0880 / 3798-0817 / 3798-0972
E-mail: Mbarton@worldbank.org
Web: http://www.worldbank.org/ht
Honduras
Mr. Giorgio Valentini
The World Bank Group
Edificio Corporativo 777, 9th Floor
Colonia Lomas del Guijarro Sur
Tegucigalpa, Honduras
Tel: (504) 2264-0200
Fax: (504) 2239-4555
E-mail: gvalentini@worldbank.org
Web: http://www.worldbank.org/hn

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


* India
Mr. Onno Ruhl
The World Bank
70 Lodi Estate
New Delhi 110 003, India
(postal address: P.O. Box 416, New Delhi 110
001)
Tel: (91-11) 414 79301, 414 79302
E-mail: Oruhl@worldbank.org
Web: http://www.worldbank.org.in/
India, Chennai
Mr. Sunil Kumar (Center Manager, WFACO)
Mr. Manoj P. Aprambath (Manager, ITS)
The World Bank
Chennai Shared Services Center
11, Taramani Main Road
Taramani, Chennai - 600113
India
Tel: (91-44) 2254 1001
Fax: (91-44) 2254 1019
* Indonesia
Mr. Rodrigo A. Chaves
The World Bank Group
Indonesia Stock Exchange Building
Tower 2, 12th Floor (WB) and 9th Floor (IFC)
Sudirman Central Business District (SCBD)
Jl. Jendral Sudirman Kav. 52-53
Jakarta 12190, Indonesia
(postal address: P.O. Box 1324/JKT)
Tel: (62-21) 5299-3000
Fax: (62-21) 5299-3111
E-mail: RChaves@worldbank.org
Web: http://www.worldbank.org/id
Iraq
Mr. Robert Bou Jaoude
The World Bank
British Embassy Premises
Baghdad, Iraq
(postal Address: Mailstop BGWWB
1818 H Street N.W. Washington DC, USA)
Tel: + 964-7901-833354
E-mail: rboujaoude@worldbank.org
Web: http://www.worldbank.org/iq
Jamaica
Ms. Kathy Lalazarian
The World Bank Group
Courtleigh Corporate Centre, 3rd Floor
6 St. Lucia Avenue
Kingston 5, Jamaica
Tel: (876) 960-0459
Fax: (876) 960-0463
E-mail: Klalazarian@worldbank.org
Web: http://www.worldbank.org/jm
* Kazakhstan
Mr. Saroj Kumar Jha
The World Bank Group
Central Asia Regional Office
41/A Kazybek bi Street, 4th Floor
050010 Almaty, Republic of Kazakhstan
Tel: (7-727) 377 - 8220
Fax: (7-727) 377 - 8276
E-mail: sjha1@worldbank.org
Kazakhstan, Astana
Ms. Ludmilla Butenko
The World Bank Astana Office
12 Samal Microdistrict, 14th Floor
010000 Astana, Republic of Kazakhstan
Tel: (7-7172) 691-440
Fax: (7-7172) 580 342
E-mail: Lbutenko@worldbank.org

* Kenya
Ms. Diarietou Gaye
The World Bank
Hill Park Building
Upper Hill Road
Nairobi, Kenya
(postal address: P.O. Box 30577-00100)
Tel: (254-20) 322 6000 / 322 6442
Fax: (254-20) 322 6382
E-mail: dgaye@worldbank.org
Web: http://www.worldbank.org/ke
Kiribati
The World Bank - ADB Liaison Office
c/- KAP Office
Bairiki, Tarawa, Kiribati
(postal address: P.O. Box 13)
Tel: (686) 22040 / 22041
Web: http://www.worldbank.org/pi
Korea
Ms. Joyce Msuya
The World Bank
37F, POSCO E&C Tower 2,
241, Incheon tower-daero
Yeonsu-gu, Incheon, Korea 406840
Tel: (82)-32-713-7000
Fax: (82) -32-713-7040.
E-mail: jmsuya@worldbank.org
Web: http://www.worldbank.org/korea
Kosovo
Mr. Jan-Peter Olters
The World Bank
Rruga Prishtin-Fush Kosov
10060 Pristina
Republic of Kosovo
Tel: (381-38) 224 454
Fax: (381-38) 224 452
E-mail: jolters@worldbank.org
Web: http://www.worldbank.org/kosovo
Kuwait
Mr. Firas Raad
The World Bank Group
10th Commercial Area, Block 10
Sahat Al-Safat Street
Baitak Tower, floor 28
Kuwait City, Kuwait
(postal address: P.O. Box 1015, Safat 13010)
Tel: (965) 2291 3500/2/3
Fax: (965) 2291 3520
E-mail: fraad@worldbank.org
Web: http://www.worldbank.org/mna
Kyrgyz Republic
Mr. Jean-Michel Happi
The World Bank Group
214, Moskovskaya Str.,
Bishkek 720010, Kyrgyz Republic
Tel: (996-312) 62 52 62
Fax: (996-312) 62 53 62
E-mail: Jhappi@worldbank.org
Web: http://www.worldbank.org.kg
Lao Peoples Democratic Republic
Ms. Sally L. Burningham
The World Bank
Patouxay - Nehru Road
(P.O. Box 345 code 01004)
Vientiane, Lao PDR
Tel: (856-21) 266200
Fax: (856-21) 266299
E-mail: sburningham@worldbank.org
Web: http://www.worldbank.org/lao

* Lebanon
Mr. Ferid Belhaj
The World Bank Group
Bourie House 119
Abdallah Bayhum Street
Marffaa, Solidere
P.O. Box 11-8577
Beirut, Lebanon
Tel: (961-1) 987 800
Fax: (961-1) 986 800
E-mail: Fbelhaj@worldbank.org
Web: http://www.worldbank.org/lb
Lesotho
Ms. Janet K. Entwistle (Eff. 10/1/2015)
The World Bank Liaison Office
UN House
13 United Nations Road
Maseru, Lesotho
(postal address: P.O Box 015, Maseru West
105)
Tel: (266) 22 21 7000
Fax: (266) 22 21 7034/5
E-mail: Jentwistle@worldbank.org
Web: http://www.worldbank.org/ls
Liberia
Ms. Inguna Dobraja
The World Bank Group
German Embassy Compound
Oldest Congo Town
Monrovia, Liberia
Tel: (231-886) 606-967 / 48
E-mail: Idobraja@worldbank.org
Web: http://www.worldbank.org/lr
Macedonia, FYR
The World Bank
34 Aminta Treti Street
1000 Skopje, FYR Macedonia
Tel: (389-2) 3117-159
Fax: (389-2) 5515 240
Web: http://www.worldbank.org.mk/
Madagascar
Ms. Coralie Gevers
The World Bank Group
Rue Andriamifidy L. Razafimanantsoa
Anosy (prs du Ministre des Affaires
Etrangres)
Antananarivo 101, Madagascar
(postal address: B. P. 4140)
Tel: (261-20) 225 6000
Fax: (261-20) 223 3338
E-mail: CGevers@worldbank.org
Web: http://www.worldbank.org/madagascar
Malawi
Ms. Laura Kullenberg
The World Bank
Mulanje House
Plot 13/57 Off Presidential Way
City Centre
Lilongwe 3, Malawi
(postal address: P.O. Box 30557)
Tel: (265-1) 770 611
Fax: (265-1) 771 158 / 773 908
E-mail: lkullenberg@worldbank.org
Web: http://www.worldbank.org/mw

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


Maldives
Ms. Francoise Clottes (Sri Lanka)
The World Bank
4th Floor, Majeedhee Building
Boduthakurufaanu Magu
Male', Republic of Maldives
Tel: (960) 334 1910
Fax: (960) 334 1911
E-Mail: Fclottes@worldbank.org
Web: http://www.worldbank.org/maldives

Mongolia
Mr. James Anderson
The World Bank Group
MCS Plaza Building (WB 5th Floor/IFC 4th Floor)
4 Seoul Street
14250 Ulaanbaatar, Mongolia
Tel: (976) 7007-8200
Fax: (976) 7007-8215
E-mail: Janderson2@worldbank.org
Web: http://www.worldbank.org/mn

* Mali
Mr. Paul Noumba Um
Banque Mondiale
Immeuble Waly Diawara,
Hamdallaye ACI 2000
Avenue du Mali En Face du Gouvernorat du
District
Bamako, Mali
(postal address: B. P. 1864)
Tel: (223) 20 22 22 83
Fax: (223) 20 22 66 82
E-mail: pnoumbaum@worldbank.org
Web: http://www.worldbank.org/ml

Montenegro
Ms. Tatiana A. Proskuryakova
The World Bank
Bulevar Svetog Petra Cetinjskog 6
81000 Podgorica
Montenegro
Tel: (382-20) 665 353
Fax: (387-33) 403 295
E-mail: Tproskuryakova@worldbank.org
Web: http://www.worldbank.org.me/

Mauritania
Mr. Gaston Sorgho
Banque Mondiale
Lot N.02 F Nord Liaison Ksar
Nouakchott, Mauritanie
(Postal address : B. P. 667)
Tel: (222) 45 25 10 17/45 20 33 00
Fax: (222) 45 25 13 34
E-mail: gsorgho@worldbank.org
Web: http://www.worldbank.org/mauritania
Mauritius
Ms. Coralie Gevers (Madagascar)
The World Bank Liaison Office
3rd Floor Mdine Mews
Chausse Street
Port-Louis, Mauritius
Tel: (230) 203 2500
Fax: (230) 208 0502
E-mail: CGevers@worldbank.org
Web: http://www.worldbank.org/mauritius
* Mexico
Mr. Gerardo M. Corrochano
Banco Mundial
Insurgentes Sur 1605, Piso 24
San Jose Insurgentes
03900 Mexico, D. F., Mexico
Tel: (52-55) 5480-4200
Fax: (52-55) 5480-4222
E-mail: Gcorrochano@worldbank.org
Web: http://www.worldbank.org/mx
Moldova
Mr. Alexander Kremer
The World Bank
20/1, Pushkin St. MD-2012
Chisinau, Republic of Moldova
Tel: (373-22) 262 262
Fax: (373-22) 262 236
E-mail: akremer@worldbank.org
Web: http://www.worldbank.org/md

* Morocco
Ms. Marie Francoise Marie-Nelly
The World Bank Group
7, rue Larbi Ben Abdellah
Rabat-Souissi, Morocco
Tel: (212-537) 63.60.50
Fax: (212-537) 63.60.51
E-mail: Mmarienelly@worldbank.org
Web: http://www.worldbank.org/ma
* Mozambique
Mr. Mark R. Lundell
The World Bank Group
Avenue Kenneth Kaunda, 1224
Maputo, Mozambique
(postal address: Caixa Postal 4053)
Tel: (258-21) 482 300
Fax: (258-21) 492 893
E-mail: Mlundell@worldbank.org
Web: http://www.worldbank.org/mz
Myanmar
Mr. Abdoulaye Seck
The World Bank Group
No.57, Pyay Road,
Corner of Shwe Hinthar Street
6 miles, Hlaing Township
Yangon, Myanmar
Tel: (95-1) 654-824
Fax: (95-1) 654-825
E-mail: Aseck1@worldbank.org
Web: http://www.worldbank.org/myanmar
Nepal
Mr. Takuya Kamata
The World Bank Group
Yak & Yeti Hotel Complex
Durbar Marg
Kathmandu, Nepal
(postal address: P.O. Box 798)
Tel: (977-1) 4236000
Fax: (977-1) 4225112
E-mail: tkamata@worldbank.org
Web: http://www.worldbank.org/np

Nicaragua
Mr. Luis F. Constantino
The World Bank Group
Plaza Santo Domingo
Kilmetro 6.5 Carretera a Masaya
Edificio Cobirsa, Quinto Piso
Managua, Nicaragua
Tel: (505) 2270-0000
Fax: (505) 2270-0077
E-mail: Lconstantino@worldbank.org
Web: http://www.worldbank.org/ni
Niger
Mr. Siaka Bakayoko
Banque Mondiale
187, rue des Dallols
B. P. 12402
Niamey, Niger
Tel: (227) 20 72 75 04
Fax: (227) 20 72 55 06
E-mail: Sbakayoko@worldbank.org
Web: http://www.worldbank.org/ne
Nigeria
The World Bank
102, Yakubu Gowon Crescent
Opposite ECOWAS Secretariat
Asokoro District
Abuja, Nigeria
(postal address: P.O. Box 2826, Garki)
Tel: (234) 8058205408; 8058205422
Tel : (234) 7035830641-44; 7089996090-1
Fax: (234-9) 314-5267
Web: http://www.worldbank.org/ng
* Pakistan
Mr. Rachid Benmessaoud
The World Bank Group
20 A Shahrah-e-Jamhuriyat
Sector G-5/1, Islamabad, Pakistan
(WB postal address: P.O. Box 1025)
(IFC postal address: Post Bag 3033)
Tel: (92-51) 227 9641-6
Fax: (92-51) 227 9648 / 9
E-mail: Rbenmessaoud@worldbank.org
Web: http://www.worldbank.org.pk
Panama
Ms. Anabela Abreu
The World Bank
Avenida Aquilino De La Guardia y calle 47
Marbella
Edificio Ocean Business Plaza
Piso 21, Oficina 2111
Panam City, Panam
Tel: (507) 831-2000
Fax: (507) 831-2011
E-mail: aabreu@worldbank.org
Web: http://www.worldbank.org/panama
Papua New Guinea
Ms. Stefanie Stallmeister
The World Bank Group
Level 13, Deloitte Tower
Port Moresby, National Capital District
Papua New Guinea
(postal address: P.O. Box 1877)
Tel: (675) 321-7111
Fax: (675) 321-7730
E-mail: sstallmeister@worldbank.org
Web: http://www.worldbank.org/pg

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


Paraguay
Mr. Dante Mossi
Banco Mundial
Av. Espaa 2028 c/ Av. Brasilia 5o. Piso
Edificio Urano
Asuncin, Paraguay
Tel: (595-21) 218-1000
Fax: (595-21) 218-1229
E-mail: dmossireyes@worldbank.org
Web: http://www.worldbank.org/py
* Peru
Mr. Alberto Rodriguez
The World Bank Group
Av. Alvarez Caldern 185, Piso 7
San Isidro
Lima 27, Peru
Tel: (511) 622-2300
Fax: (511) 421-7241
E-mail: arodriguez@worldbank.org
Web: http://www.worldbank.org/pe
* Philippines
Mr. Motoo Konishi
The World Bank Group
26th Floor, One Global Place
5th Avenue corner 25th Street
Bonifacio Global City
Taguig City, Philippines
Tel: (63-2) 465-2500
Fax: (63-2) 465-2505
E-mail: Mkonishi@worldbank.org
Web: http://www.worldbank.org.ph
Poland
Ms. Marina Wes
The World Bank Group
53, Emilii Plater St.
Warsaw Financial Center, 9th Floor
00-113 Warsaw, Poland
Tel: (48-22) 520 8000
Fax: (48-22) 520 8001
E-mail: mwes@worldbank.org
Web: http:/www.worldbank.org.pl/
Romania
Ms. Elisabetta Capannelli
The World Bank Group
UTI Building, 6th floor
31 Vasile Lascar Street, Sector 2
Bucharest, Romania 020492
Tel: (40-21) 201-0311
Fax: (40-21) 201-0338
E-mail: Ecapannelli@worldbank.org
Web: http://www.worldbank.org.ro/
* Russian Federation
Mr. Andras Horvai (effective 9/4/2015)
The World Bank Group
36/1 Bolshaya Molchanovka st.
121069 Moscow, Russia
Tel: (7-495) 745-70-00
Fax: (7-495) 745-70-02
E-mail: Ahorvai@worldbank.org
Web: http://www.worldbank.org.ru/
Rwanda
Ms. Carolyn Turk
The World Bank Group
Blvd. de la Rvolution
SORAS Building
Kigali, Rwanda
(postal address: P.O. Box 609)
Tel: (250) 252 591 300
Fax: (250) 252 591 385
E-mail: cturk@worldbank.org
Web: http://www.worldbank.org/rw

Samoa
Ms. Maeva Betham-Vaai
The World Bank Group - ADB Liaison Office
Level 6, Central Bank Building
Beach Road
Apia, Samoa
(postal address: PO Box 3999)
Tel: (685) 24492 / 34340
Fax: (685) 24228
E-mail: mvaai@worldbank.org
Web: http://www.worldbank.org/pi

Solomon Islands
Ms. Anne Tully
The World Bank Group
Mud Alley
Honiara, Solomon Islands
(postal address: GPO Box 1744)
Tel: (677) 21444
Fax: (677) 21448
E-mail: Atully@worldbank.org
Web: http://www.worldbank.org/pi

* Saudi Arabia
Mr. Nadir Mohammed
The World Bank Group
1st Floor, UNDP Building, Diplomatic Quarter
Riyadh, Saudi Arabia
(postal address: P.O. Box 5900,
Riyadh 11432, Saudi Arabia)
Tel: (966-1) 483-4956
Fax: (966-1) 488-5311
E-mail: nmohammed@worldbank.org
Web: http://www.worldbank.org/sa

* South Africa, Pretoria


Mr. Guang Zhe Chen
The World Bank
442 Rodericks Road
Corner Lynnwood and Rodericks Roads, 0081
Pretoria, South Africa
(postal address: P.O. Box 12629,
Hatfield 0028, Pretoria)
Tel: (27-12) 742 3100
Fax: (27-12) 742 3134
E-mail: Gchen1@worldbank.org
Web: http://www.worldbank.org/za

* Senegal
Ms. Louise J. Cord
Banque Mondiale
Corniche Ouest X, David Diop
Dakar, Sngal
(postal address: B. P. 3296)
Tel: (221) 33-859-4100
Fax: (221) 33-859-4283
E-mail: Lcord@worldbank.org
Web: http://www.worldbank.org/senegal

South Sudan, Juba


Mr. Xavier Furtado
The World Bank Group
Ministries Complex
Kololo Road, Adjacent to Ministry of Health
Juba, South Sudan
Tel: (211) 959 002 666/667/668
E-mail: xfurtado@worldbank.org
Web:
ttp://www.worldbank.org/en/country/southsudan

Serbia, Republic of
Mr. Antonius Verheijen
The World Bank Group
Bulevar Kralja Aleksandra 86-90
11000 Belgrade, Republic of Serbia
Tel: (381-11) 3023-700
Fax: (381-11) 3023-732
E-mail: averheijen@worldbank.org
Web: http://www.worldbank.rs/

* Sri Lanka
Ms. Francoise Clottes
The World Bank
1st Floor, DFCC Building
73/5, Galle Road
Colombo 3, Sri Lanka
(postal address: P.O. Box 1761)
Tel: (94-11) 2448070/1
Fax: (94-11) 2440357
E-mail: Fclottes@worldbank.org
Web: http://www.worldbank.org/srilanka

Sierra Leone
Mr. Francis Ato Brown
The World Bank Group
Africanus House
13A Howe Street
Freetown, Sierra Leone
Tel: (232-22) 227555
Tel: (232-76) 806467, 806468
Fax: (232-22) 228555
E-mail: fbrown@worldbank.org
Web: http://www.worldbank.org/sl
* Singapore
Mr. Jordan Z. Schwartz
The World Bank Group
Marina Bay Financial Centre, Tower 2, #34-02
10 Marina Boulevard
Singapore 018983
Tel: (65) 6517-1240
Fax: (65) 6517 1244
E-mail: Jschwartz3@worldbank.org
Web: http://www.worldbank.org/sg

Sudan, Khartoum
Mr. Xavier Furtado
The World Bank
Plot 39, Street 39
Khartoum East (II)
Khartoum, Sudan
(postal address: P.O. 229, 11111)
Tel: (249) 156 553 000
Fax: (249)156 553 064
E-mail: xfurtado@worldbank.orgWeb:
http://www.worldbank.org/sd
Tajikistan
Ms. Patricia Veevers-Carter
The World Bank Group
48, Ayni Str.
Business Center "Sozidanie", block A, 3-rd Floor
734024, Dushanbe, Tajikistan
Tel: (992-48) 701 58 00/10
Fax: (992-48) 701 58 37
E-mail: pveeverscarter@worldbank.org
Web: http://www.worldbank.org/tj

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

Offices of the World Bank


* Tanzania
Ms. Bella Bird
The World Bank
50 Mirambo Street
Dar-es-Salaam, Tanzania
(postal address: P.O. Box 2054)
Tel: (255-22) 2163200
Fax: (255-22) 2113039, 2163295
E-mail: bbird@worldbank.org
Web: http://www.worldbank.org/tz
* Thailand
Mr. Ulrich Zachau
The World Bank Group
30th Floor, Siam Tower
989 Rama 1 Road, Pathumwan
Bangkok 10330, Thailand
Tel: (66-2) 686-8300
Fax: (66-2) 686-8301
E-mail: Uzachau@worldbank.org
Web: http://www.worldbank.or.th
Timor-Leste
Ms. Bolormaa Amgaabazar
The World Bank Group
Avenida Dos Direitos Humanos
Dili, Timor-Leste
Tel: (670) 332-4649 / 332-4648
Fax: (670) 332-1178
E-mail: bamgaabazar@worldbank.org
Web: http://www.worldbank.org/tl

Turkmenistan
Mr. Serdar Jepbarov
The World Bank Liaison Office
Yimpash Business Center, Office 803,
Turkmenbashi Avenue, 54
Ashgabat 744000, Turkmenistan
Tel: (993-12) 45 14 75
E-mail: sdjepbarov@worldbank.org
Web: http://www.worldbank.org/tm
Uganda
Ms. Christina Malmberg Calvo
The World Bank Group
Plot 1, Lumumba Avenue
Rwenzori House, 4th Floor
Kampala, Uganda
(postal address: P.O. Box 4463)
Tel: (256-414) 230-094
Tel: (256-312) 221-416 / 7
Fax: (256-414) 230-092
E-mail: Cmalmbergcalvo@worldbank.org
Web: http://www.worldbank.org/ug
* Ukraine
Mr. Qimiao Fan
The World Bank
1, Dniprovsky Uzviz
Kyiv 01010, Ukraine
Tel: (380-44) 490 6671
Fax: (380-44) 490 6670
E-mail: Qfan @worldbank.org
Web: http://www.worldbank.org.ua/

Togo
Ms. Joelle Dehasse Businger
Banque Mondiale
Cit de l'OUA
(entre la Rsidence Ambassadeur du Ghana et la
Primature)
Lom, Togo
(postal address: Boite Postale 3915)
Tel: 22 53 33 00
Fax: 22 26 78 56
E-mail: jbusinger@worldbank.org
Web: http://www.worldbank.org/tg

Uruguay
Ms. Ruxandra Burdescu
The World Bank
Buenos Aires 570, 3rd Floor
CP11000
Montevideo, Uruguay
Tel: (598) 2916-9400
Fax: (598) 2916-9400 ext. 3701
E-mail: rburdescu@worldbank.org
Web: http://www.worldbank.org/uy

Tonga
The World Bank ADB Liaison Office
TBD Building Floor 1
Nuku'alofa, Tonga
(postal address: P.O. Box 87)
Tel: (676) 28 290
Fax: (676) 28 735
Web: http://www.worldbank.org/pi

Uzbekistan
Mr. Junghun Cho
The World Bank Group
International Business Center, 15th floor
107 B, Amir Timur Street
Tashkent 100084, Uzbekistan
Tel: (998-71) 120 2400
Fax: (998-71) 120 2401/02
E-mail: jcho@worldbank.org
Web: http://www.worldbank.org.uz

Tunisia
Ms. Eileen Murray
Bureau de la Banque mondiale
Immeuble Zahrabed -- BAD
Jardins du Lac - Tunis
BP 323
1002 Tunis Belvdre
Tunisia
Tel: (216-71) 19 44 68
Fax: (216-71) 19 44 75
E-mail: Emurray@worldbank.org
Web: http://www.worldbank.org/tn
* Turkey
Mr. Martin Raiser
The World Bank
Ugur Mumcu Caddesi No.88, Kat: 2
06700 Gaziosmanpasa
Ankara, Turkey
Tel: (90-312) 459 83 00
Fax: (90-312) 446 24 42
E-mail: mraiser@worldbank.org
Web: http://www.worldbank.org.tr/

* West Bank and Gaza


Mr. Steen Lau Jorgensen
The World Bank Group
P.O. Box.54842
Jerusalem, 97200
Tel: (972-2) 236 6500
Fax: (972-2) 236 6543
Gaza Tel: (972-8) 282 3422
Gaza Fax: (972-8) 282 4296
E-mail: Sjorgensen@worldbank.org
Web: http://www.worldbank.org/ps
Yemen, Republic of
Ms. Sandra Bloemenkamp
The World Bank Group
Faj Attan, off Beirut Street
Sana'a, Republic of Yemen
(postal address: P.O. Box 18152)
Tel: (967-1) 413 708 / 413 710
Fax: (967-1) 413 709
E-mail: Sbloemenkamp@worldbank.org
Zambia
Ms. Ina-Marlene E. Ruthenberg
The World Bank
BancABC House
Plot #746 Church Road
Cathedral Hill
P. O. Box 35410
Lusaka, Zambia
Tel: (260-21) 137-3200
Fax: (260-21) 137-3248
E-mail: iruthenberg@worldbank.org
Web: http://www.worldbank.org/zm
Zimbabwe
Mrs. Camille Nuamah
The World Bank
Block 3, Arundel Business Park
107 Norfolk Road, Mount Pleasant
Harare, Zimbabwe
(postal address: P.O. Box 2960)
Tel: (263-4) 7633-3200
Fax: (263-4) 7633-3265
E-mail: clampart@worldbank.org
Web: http://www.worldbank.org.zw/

Vanuatu
The World Bank Group - ADB Liaison Office
Level 5, Reserve Bank Building
Rue Emile Mercet
Port Vila, Vanuatu
(postal address: P.O. Box 3221)
Tel: (678) 25581
Fax: (678) 22636
Web: http://www.worldbank.org/pi
* Vietnam
Ms. Victoria Kwakwa
The World Bank Group
63 Ly Thai To (WB: 8th Floor / IFC: 3rd Floor)
Hoan Kiem District
Hanoi, Vietnam
Tel: (84-4) 3934-6600
Fax: (84-4) 3935-0752 / 3
E-mail: Vkwakwa@worldbank.org
Web: http://www.worldbank.org/en/country/vietnam

_________________________________________
Note: * = Directors/Country Directors are in the country office. Addresses that begin with The World Bank Group indicate the joint location of IFC and World Bank (IBRD/IDA)
offices. Updated as of September 11, 2015.

International Bank for Reconstruction and Development Membership | June 30, 2015
Member

Date of membership

Afghanistan

July 14, 1955

Albania

October 15, 1991

Algeria

September 26, 1963

Angola

September 19, 1989

Antigua and Barbuda

September 22, 1983

Argentina

September 20, 1956

Armenia

September 16, 1992

Australia

August 5, 1947

Austria

August 27, 1948

Azerbaijan

September 18, 1992

Bahamas, The

August 21, 1973

Bahrain

September 15, 1972

Bangladesh

August 17, 1972

Barbados

September 12, 1974

Belarus

July 10, 1992

Belgium

December 27, 1945

Belize

March 19, 1982

Benin

July 10, 1963

Bhutan

September 28, 1981

Bolivia

December 27, 1945

Bosnia and Herzegovina

February 25, 1993

Botswana

July 24, 1968

Brazil

January 14, 1946

Brunei Darussalam

October 10, 1995

Bulgaria

September 25, 1990

Burkina Faso

May 2, 1963

Burundi

September 28, 1963

Cabo Verde

November 20, 1978

Cambodia

July 22, 1970

Cameroon

July 10, 1963

Canada

December 27, 1945

Central African Republic

July 10, 1963

Chad

July 10, 1963

Chile

December 31, 1945

China

December 27, 1945

Colombia

December 24, 1946

Comoros

October 28, 1976

Congo, Dem. Rep.

September 28, 1963

Congo, Rep.

July 10, 1963

79

Member

Date of membership

Costa Rica

January 8, 1946

Cte d'Ivoire

March 11, 1963

Croatia

February 25, 1993

Cyprus

December 21, 1961

Czech Republic

January 1, 1993

Denmark

March 30, 1946

Djibouti

October 1, 1980

Dominica

September 29, 1980

Dominican Republic

September 18, 1961

Ecuador

December 28, 1945

Egypt, Arab Rep.

December 27, 1945

El Salvador

March 14, 1946

Equatorial Guinea

July 1, 1970

Eritrea

July 6, 1994

Estonia

June 23, 1992

Ethiopia

December 27, 1945

Fiji

May 28, 1971

Finland

January 14, 1948

France

December 27, 1945

Gabon

September 10, 1963

Gambia, The

October 18, 1967

Georgia

August 7, 1992

Germany

August 14, 1952

Ghana

September 20, 1957

Greece

December 27, 1945

Grenada

August 27, 1975

Guatemala

December 28, 1945

Guinea

September 28, 1963

Guinea-Bissau

March 24, 1977

Guyana

September 26, 1966

Haiti

September 8, 1953

Honduras

December 27, 1945

Hungary

July 7, 1982

Iceland

December 27, 1945

India

December 27, 1945

Indonesia

April 13, 1967

Iran, Islamic Rep.

December 29, 1945

Iraq

December 27, 1945

Ireland

August 8, 1957

Israel

July 12, 1954

Italy

March 27, 1947

80

Member

Date of membership

Jamaica

February 21, 1963

Japan

August 13, 1952

Jordan

August 29, 1952

Kazakhstan

July 23, 1992

Kenya

February 3, 1964

Kiribati

September 29, 1986

Korea, Rep.

August 26, 1955

Kosovo

June 29, 2009

Kuwait

September 13, 1962

Kyrgyz Republic

September 18, 1992

Lao PDR

July 5, 1961

Latvia

August 11, 1992

Lebanon

April 14, 1947

Lesotho

July 25, 1968

Liberia

March 28, 1962

Libya

September 17, 1958

Lithuania

July 6, 1992

Luxembourg

December 27, 1945

Macedonia, FYR

February 25, 1993

Madagascar

September 25, 1963

Malawi

July 19, 1965

Malaysia

March 7, 1958

Maldives

January 13, 1978

Mali

September 27, 1963

Malta

September 26, 1983

Marshall Islands

May 21, 1992

Mauritania

September 10, 1963

Mauritius

September 23, 1968

Mexico

December 31, 1945

Micronesia, Fed. Sts.

June 24, 1993

Moldova

August 12, 1992

Mongolia

February 14, 1991

Montenegro

January 18, 2007

Morocco

April 25, 1958

Mozambique

September 24, 1984

Myanmar

January 3, 1952

Namibia

September 25, 1990

Nepal

September 6, 1961

Netherlands

December 27, 1945

New Zealand

August 31, 1961

Nicaragua

March 14, 1946

81

Member

Date of membership

Niger

April 24, 1963

Nigeria

March 30, 1961

Norway

December 27, 1945

Oman

December 23, 1971

Pakistan

July 11, 1950

Palau

December 16, 1997

Panama

March 14, 1946

Papua New Guinea

October 9, 1975

Paraguay

December 28, 1945

Peru

December 31, 1945

Philippines

December 27, 1945

Poland

June 27, 1986

Portugal

March 29, 1961

Qatar

September 25, 1972

Romania

December 15, 1972

Russian Federation

June 16, 1992

Rwanda

September 30, 1963

Samoa

June 28, 1974

San Marino

September 21, 2000

So Tom and Prncipe

September 30, 1977

Saudi Arabia

August 26, 1957

Senegal

August 31, 1962

Serbia

February 25, 1993

Seychelles

September 29, 1980

Sierra Leone

September 10, 1962

Singapore

August 3, 1966

Slovak Republic

January 1, 1993

Slovenia

February 25, 1993

Solomon Islands

September 22, 1978

Somalia

August 31, 1962

South Africa

December 27, 1945

South Sudan

April 18, 2012

Spain

September 15, 1958

Sri Lanka

August 29, 1950

St. Kitts and Nevis

August 15, 1984

St. Lucia

June 27, 1980

St. Vincent and the Grenadines

August 31, 1982

Sudan

September 5, 1957

Suriname

June 27, 1978

Swaziland

September 22, 1969

Sweden

August 31, 1951

82

Member

Date of membership

Switzerland

May 29, 1992

Syrian Arab Republic

November 2, 1961

Tajikistan

June 4, 1993

Tanzania

September 10, 1962

Thailand

May 3, 1949

Timor-Leste

July 23, 2002

Togo

August 1, 1962

Tonga

September 13, 1985

Trinidad and Tobago

September 16, 1963

Tunisia

April 14, 1958

Turkey

March 11, 1947

Turkmenistan

September 22, 1992

Tuvalu

June 24, 2010

Uganda

September 27, 1963

Ukraine

September 3, 1992

United Arab Emirates

September 22, 1972

United Kingdom

December 27, 1945

United States

December 27, 1945

Uruguay

March 11, 1946

Uzbekistan

September 21, 1992

Vanuatu

September 28, 1981

Venezuela, RB

December 30, 1946

Vietnam

September 21, 1956

Yemen, Rep.

October 3, 1969

Zambia

September 23, 1965

Zimbabwe

September 29, 1980

Total members: 188

83

International Development Association Membership | June 30, 2015


Member

Date of membership

Membership classification

Australia

September 24, 1960

Part I

Austria

June 28, 1961

Part I

Belgium

July 2, 1964

Part I

Canada

September 24, 1960

Part I

Denmark

November 30, 1960

Part I

Estonia

October 11, 2008

Part I

Finland

December 29, 1960

Part I

France

December 30, 1960

Part I

Germany

September 24, 1960

Part I

Greece

January 9, 1962

Part I

Iceland

May 19, 1961

Part I

Ireland

December 22, 1960

Part I

Italy

September 24, 1960

Part I

Japan

December 27, 1960

Part I

Kuwait

September 13, 1962

Part I

Latvia

August 11, 1992

Part I

Lithuania

September 23, 2011

Part I

Luxembourg

June 4, 1964

Part I

Netherlands

June 30, 1961

Part I

New Zealand

October 1, 1974

Part I

Norway

September 24, 1960

Part I

Portugal

December 29, 1992

Part I

Russian Federation

June 16, 1992

Part I

Slovenia

February 25, 1993

Part I

South Africa

October 12, 1960

Part I

Spain

October 18, 1960

Part I

Sweden

September 24, 1960

Part I

Switzerland

May 29, 1992

Part I

United Arab Emirates

December 23, 1981

Part I

United Kingdom

September 24, 1960

Part I

United States

September 24, 1960

Part I

Afghanistan

February 2, 1961

Part II

Albania

October 15, 1991

Part II

Algeria

September 26, 1963

Part II

Angola

September 19, 1989

Part II

Argentina

August 3, 1962

Part II

Armenia

August 25, 1993

Part II

Azerbaijan

March 31, 1995

Part II

84

Member

Date of membership

Bahamas, The

June 23, 2008

Part II

Bangladesh

August 17, 1972

Part II

Barbados

September 29, 1999

Part II

Belize

March 19, 1982

Part II

Benin

September 16, 1963

Part II

Bhutan

September 28, 1981

Part II

Bolivia

June 21, 1961

Part II

Bosnia and Herzegovina

February 25, 1993

Part II

Botswana

July 24, 1968

Part II

Brazil

March 15, 1963

Part II

Burkina Faso

May 13, 1963

Part II

Burundi

September 28, 1963

Part II

Cabo Verde

November 20, 1978

Part II

Cambodia

July 22, 1970

Part II

Cameroon

April 10, 1964

Part II

Central African Republic

August 27, 1963

Part II

Chad

November 7, 1963

Part II

Chile

December 30, 1960

Part II

China

September 24, 1960

Part II

Colombia

June 16, 1961

Part II

Comoros

December 9, 1977

Part II

Congo, Dem. Rep.

September 28, 1963

Part II

Congo, Rep.

November 8, 1963

Part II

Costa Rica

June 30, 1961

Part II

Cte d'Ivoire

March 11, 1963

Part II

Croatia

February 25, 1993

Part II

Cyprus

March 2, 1962

Part II

Czech Republic

January 1, 1993

Part II

Djibouti

October 2, 1980

Part II

Dominica

September 29, 1980

Part II

Dominican Republic

November 16, 1962

Part II

Ecuador

November 7, 1961

Part II

Egypt, Arab Rep.

October 26, 1960

Part II

El Salvador

April 23, 1962

Part II

Equatorial Guinea

April 5, 1972

Part II

Eritrea

July 6, 1994

Part II

Ethiopia

April 11, 1961

Part II

Fiji

September 29, 1972

Part II

Gabon

November 4, 1963

Part II

Gambia, The

October 18, 1967

Part II

Georgia

August 31, 1993

Part II

85

Membership classification

Member

Date of membership

Ghana

December 29, 1960

Part II

Grenada

August 28, 1975

Part II

Guatemala

April 27, 1961

Part II

Guinea

September 26, 1969

Part II

Guinea-Bissau

March 25, 1977

Part II

Guyana

January 4, 1967

Part II

Haiti

June 13, 1961

Part II

Honduras

December 23, 1960

Part II

Hungary

April 29, 1985

Part II

India

September 24, 1960

Part II

Indonesia

August 20, 1968

Part II

Iran, Islamic Rep.

October 10, 1960

Part II

Iraq

December 29, 1960

Part II

Israel

December 22, 1960

Part II

Jordan

October 4, 1960

Part II

Kazakhstan

July 23, 1992

Part II

Kenya

February 3, 1964

Part II

Kiribati

October 2, 1986

Part II

Korea, Rep.

May 18, 1961

Part II

Kosovo

June 29, 2009

Part II

Kyrgyz Republic

September 24, 1992

Part II

Lao PDR

October 28, 1963

Part II

Lebanon

April 10, 1962

Part II

Lesotho

September 19, 1968

Part II

Liberia

March 28, 1962

Part II

Libya

August 1, 1961

Part II

Macedonia, FYR

February 25, 1993

Part II

Madagascar

September 25, 1963

Part II

Malawi

July 19, 1965

Part II

Malaysia

September 24, 1960

Part II

Maldives

January 13, 1978

Part II

Mali

September 27, 1963

Part II

Marshall Islands

January 19, 1993

Part II

Mauritania

September 10, 1963

Part II

Mauritius

September 23, 1968

Part II

Mexico

April 24, 1961

Part II

Micronesia, Fed. Sts.

June 24, 1993

Part II

Moldova

June 14, 1994

Part II

Mongolia

February 14, 1991

Part II

Montenegro

January 18, 2007

Part II

Morocco

December 29, 1960

Part II

86

Membership classification

Member

Date of membership

Membership classification

Mozambique

September 24, 1984

Part II

Myanmar

November 5, 1962

Part II

Nepal

March 6, 1963

Part II

Nicaragua

December 30, 1960

Part II

Niger

April 24, 1963

Part II

Nigeria

November 14, 1961

Part II

Oman

February 20, 1973

Part II

Pakistan

September 24, 1960

Part II

Palau

December 16, 1997

Part II

Panama

September 1, 1961

Part II

Papua New Guinea

October 9, 1975

Part II

Paraguay

February 10, 1961

Part II

Peru

August 30, 1961

Part II

Philippines

October 28, 1960

Part II

Poland

June 28, 1988

Part II

Romania

April 12, 2014

Part II

Rwanda

September 30, 1963

Part II

Samoa

June 28, 1974

Part II

So Tom and Prncipe

September 30, 1977

Part II

Saudi Arabia

December 30, 1960

Part II

Senegal

August 31, 1962

Part II

Serbia

February 25, 1993

Part II

Sierra Leone

November 13, 1962

Part II

Singapore

September 27, 2002

Part II

Slovak Republic

January 1, 1993

Part II

Solomon Islands

July 21, 1980

Part II

Somalia

August 31, 1962

Part II

South Sudan

April 18, 2012

Part II

Sri Lanka

June 27, 1961

Part II

St. Kitts and Nevis

October 23, 1987

Part II

St. Lucia

April 28, 1982

Part II

St. Vincent and the Grenadines

August 31, 1982

Part II

Sudan

September 24, 1960

Part II

Swaziland

September 22, 1969

Part II

Syrian Arab Republic

June 28, 1962

Part II

Tajikistan

June 4, 1993

Part II

Tanzania

November 6, 1962

Part II

Thailand

September 24, 1960

Part II

Timor-Leste

July 23, 2002

Part II

Togo

August 21, 1962

Part II

Tonga

October 23, 1985

Part II

87

Member

Date of membership

Trinidad and Tobago

October 30, 1972

Part II

Tunisia

December 30, 1960

Part II

Turkey

December 22, 1960

Part II

Tuvalu

June 24, 2010

Part II

Uganda

September 27, 1963

Part II

Ukraine

May 27, 2004

Part II

Uzbekistan

September 24, 1992

Part II

Vanuatu

September 28, 1981

Part II

Vietnam

September 24, 1960

Part II

Yemen, Rep.

May 22, 1970

Part II

Zambia

September 23, 1965

Part II

Zimbabwe

September 29, 1980

Part II

Total members: 173

88

Membership classification

Country Eligibility for Borrowing from the World Bank | July 1, 2015
U.S. dollars
A. IBRD onlya
Category iv (per capita income over $7,175)
Korea, Rep.

27,090

Mexico

9,980

Uruguay

16,360

Lebanon

9,880

Chile

14,900

Costa Rica

9,750

Argentinab

14,560

Mauritius

9,710

St. Kitts and Nevis

14,540

Romania

9,370

Seychelles

13,990

Gabon

9,320

Poland

13,730

Turkmenistan

8,020

Antigua and Barbuda

13,360

Libya

7,920

Equatorial Guinea

13,340

Botswana

7,880

13,210

Colombia

7,780

Croatia

13,020

Azerbaijan

7,590

Venezuela, RB

12,820

Bulgaria

7,420

Brazil

11,760

China

7,380

Kazakhstan

11,670

Belarus

7,340

Palau
Panama

11,110

Montenegro

7,240

10,970

Suriname

n.a.

Turkey

10,850

Trinidad and Tobago

n.a.

Malaysia

10,660

Russian Federation

Category iii ($1,215$7,175)


South Africa

6,800

Armenia

3,810

Iraq

6,410

El Salvador

3,780

Peru

6,410

Georgia

3,720

Ecuador

6,040

Indonesia

3,650

Dominican Republic

5,950

Ukrainec

3,560

Namibia

5,820

Guatemala

3,440

Serbia

5,820

Philippines

3,440

Thailand

5,410

Egypt, Arab Rep.

3,280

Algeria

5,340

Morocco

3,020

Angola

5,300

Swaziland

2,700

1,610

Jordan

5,160

India

Macedonia, FYR

5,070

Belize

n.a.

Bosnia and Herzegovina

4,770

Iran, Islamic Rep.

n.a.

Fiji

4,540

Jamaica

n.a.

Albania

4,460

Syrian Arab Republice

n.a.

Paraguay

4,150

Tunisia

n.a.

89

B. Blendf
Category iv (per capita income over $7,175)
Grenadag

7,850

Category iii ($1,215$7,175)


St. Luciag

7,090

Bolivia

2,830

Dominicag

7,070

Congo, Rep.

2,680

St. Vincent and the Grenadinesg

6,560

Moldova

2,550

Mongolia

4,320

Uzbekistan

2,030

Cabo Verdeg

3,520

Vietnam

1,890

Sri Lanka

3,400

Pakistan

1,410

Timor-Leste

3,120

Cameroon

1,350

Nigeria

2,950

Papua New Guinea

n.a.

Category i ($1,045 or less)


Zimbabwee

860

C. IDAf
Category iv (per capita income over $7,175)
Maldivesg

7,290

Category iii ($1,215$7,175)


Tongag

4,280

So Tom and Prncipeg

1,570

Samoag

4,050

Cte d'Ivoire

1,550

Kosovo

4,000

Lesotho

1,350

Guyana

3,970

Kenya

1,280

Bhutan

2,390

Myanmar

1,270

2,280

Mauritania

1,260

Honduras

2,190

Kyrgyz Republic

Nicaragua

1,830

Djibouti

1,250
n.a.

Solomon Islands

1,830

Marshall Islandsg

n.a.

Zambia

Kiribati

1,760

Micronesia, Fed. Sts.g

n.a.

Sudane

1,740

Tuvalug

n.a.

Ghana

1,620

Vanuatug

n.a.

Lao PDR

1,600

Yemen, Rep.

n.a.

Bangladesh

1,080

Senegal

Tajikistan

1,060

Category ii ($1,045$1,215)

90

1,050

Category i ($1,045 or less)


Cambodia

1,010

Togo

580

Chad

1,010

Guinea-Bissau

570

Ethiopia

550

South Sudan

960

530

Tanzania

930

Eritrea

Comoros

840

Guinea

480

Haiti

830

Gambia, The

450

Benin

810

Madagascar

440

Nepal

730

Niger

430

Mali

720

Congo, Dem. Rep.

410

Sierra Leone

720

Liberia

400

Burkina Faso

710

Central African Republic

330

Afghanistan

680

Burundi

270

Uganda

660

Malawi

250

Rwanda

650

Somaliae

n.a.

Mozambique

630

Note: n.a. = not applicableestimates are available in ranges only. Changes during previous fiscal year: Angola, Armenia, Bosnia
and Herzegovina, Georgia, and India changed from a Blend borrower to IBRD borrower status, effective fiscal year 2015.
a. World Bank Atlas methodology; 2014 per capita GNI (gross national income, formerly gross national product [GNP]) figures
are in U.S. dollars.
b. Based on data officially reported by the National Statistics and Censuses Institute of Argentina. The International Monetary
Fund (IMF) has called on Argentina to adopt measures to address the quality of official GDP and consumer price index data,
and issued an updated statement on Argentinas progress on June 3, 2015: imf.org/external/np/sec/pr/2015/pr15252.htm
c. These calculations are based on numbers and data from official statistics of Ukraine and the Russian Federation; by relying
on those numbers and data, the Bank does not intend to make any judgment on the legal or other status of the territories
concerned or to prejudice the final determination of the parties' claims.
d. During IDA17, India will receive exceptional transitional support from IDA.
e. Loans/credits are in nonaccrual status as of July 1, 2015. General information on countries with loans/credits in nonaccrual
status is available from the Credit Risk Department in Finance Partners.
f. Countries are eligible for IDA on the basis of (a) relative poverty and (b) lack of creditworthiness. The operational cutoff for IDA
eligibility for fiscal 2016 is a 2014 GNI per capita of US$1,215, using Atlas methodology. To receive IDA resources, countries
must also meet tests of performance. An exception has been made for small island economies. In exceptional circumstances,
IDA extends eligibility temporarily to countries that are above the operational cutoff and are undertaking major adjustment
efforts but are not creditworthy for IBRD lending.
g. The country represents a small island economy exception and receives financing on IDA terms.

91

World Bank Expenditures by Organizational Unit l Fiscal 201115


millions of dollars
By organizational unit

2011

2012

Operational units b
of which Regional Programs
Global Practices and Cross-Cutting Solutions Areas

1,383.0
n.a.
n.a.

1,426.2
n.a.
n.a.

Institutional services c
of which Development Economics and Chief Economist
Leadership, Learning, and Innovation
Operations Policy and Country Services

447.5
66.6
67.3
39.6

Governance services d
of which Boards and Corporate Secretariat

Actuals a
2013

2014

2015

1,441.6
n.a.
n.a.

1,482.1
n.a.
n.a.

1,416.0
393.4
1,022.7

450.5
66.1
67.4
43.6

434.8
61.8
61.8
45.2

448.9
66.1
67.6
42.8

470.3
61.4
49.2
38.3

183.9
92.9

188.1
96.5

191.9
96.8

187.4
92.7

178.9
87.8

335.2

414.5

414.0

467.8

527.9

159.2

126.8

289.7

300.6

330.9

149.4

135.9

153.1

159.8

109.2

Total gross administrative budget


Reimbursements, fees, others

2,658.1
(345.0)

2,742.0
(377.8)

2,925.1
(426.6)

3,046.6
(489.3)

3,033.2
(507.2)

Total administrative budget

2,313.1

2,364.2

2,498.5

2,557.2

2,526.0

Administrative services e
Centrally managed accounts and programs

Grant-making facilities

Note: n.a. = not applicable.


a. The figures reported in this table reflect the work program mapping as of the end of fiscal 2015, and will not match figures published in previous reports due to organizational
changes that happened during fiscal 2014 and 2015.
b. Includes the Regions, Global Practices, and Cross-Cutting Solutions Areas (including the Climate Change Group Vice Presidency)
c. Includes Budget, Performance Review, and Strategic Planning; Chief Risk Officer; Controllers; Development Economics; Development Finance; External and Corporate
Relations; Global Environment Facility; International Centre for Settlement of Investment Disputes; Leadership, Learning, and Innovation; Legal; Operations Policy and Country
Services; and Treasury
d. Includes the Board; Corporate Secretariat; Independent Evaluation Group; Institutional Integrity Vice Presidency; Internal Audit Vice Presidency; MDG, Office of the President;
and Justice and Conduct Services (including Conflict Resolution System, Administrative Tribunal, Office of Ethics and Business Conduct, Office of Evaluation and Suspension,
and Sanctions Board Secretariat)
e. Includes General Services Department (GSD), Human Resources, and Information and Technology Solutions. GSD's institutional expenses, previously recorded as
"Overheads, Benefits, and Contingencies," are being shown as part of GSD's expenses and are included in the "Administrative" line starting with fiscal 2007.
f. Includes Corporate Contingency, Budget Returns, Unallocated Budget Flexibility, Centrally Managed Benefits, Staff Retirement Accounts, Business Continuity, Centrally
Managed Overheads, Earmarked funds, and Institutional Programs.

92

Contributions: Top-10 Trust Fund Donors | Fiscal 2015


millions of dollars

Donor
United States
United Kingdom
Germany
Japan
France
Norway
Australia
Canada
Netherlands
Sweden
Others
Total

2015
2,872
1,253
722
689
668
600
469
442
433
356
2,031
10,536

2014
2,822
1,591
711
936
555
512
474
327
452
386
2,465
11,230

Note: Contributions to the International Center for Settlement of Investment


Disputes escrow accounts are excluded. Comparative figures of fiscal 2014
are provided for the top-10 donors of fiscal 2015. Previous-year figures have
been reclassified where necessary.

93

Global Reporting Initiative (GRI) Index


G4 Sustainability Reporting

94

This 2015 index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting
Global Reporting Initiative (GRI) guidelines and comply with the core option. The GRI Index provides an overview of sustainability considerations
within the World Banks lending and analytical services as well as its day-to-day operations and management of staff. The World Bank aims to be
comprehensive in its reporting and thus the Index includes indicators from GRI's Financial Sector Supplement.
The GRI Index covers activities from fiscal 2015, July 1, 2014, through June 30, 2015.
About the World Bank Group
The World Bank Group plays a key role in the global effort to end extreme poverty and boost shared prosperity. It consists of five institutions: the
World Bank, which includes 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). Working together in more than 130 countries, these institutions provide financing, advice, and other
solutions that enable countries to address the most urgent challenges of development.
This GRI Index addresses the activities of the World Bank and its two agencies. Except for the eligibility of support and terms of lending to member
countries, the IBRD and IDA are tightly integrated and work as a single unit.

DEFINING THE REPORT


Methodology for Determining Materiality
The topics deemed relevant for disclosure in this GRI Index were identified by assessing annual corporate priorities outlined by the institutions
Boards and President and by considering stakeholder input, as well as by ascertaining sustainability impacts of carrying out the Banks mission and
strategy. To determine if a GRI aspect is material for the World Bank to report on, an assessment was carried out based on (1) the potential impact
on the Banks business and (2) the sustainability impacts stemming from its business.

Report Boundary
The differentiation between operational and corporate indicators establishes the boundaries of the GRI Index disclosures.
a. Impacts external to the organization [operational boundary]
The World Bank, a development institution, works closely with member country government counterparts and stakeholders to achieve lasing results.
Indirect impacts occur in member countries as a result of its lending and analytical services and may not be directly controlled by the Banks
management. Impacts stemming from the World Banks work with clients are specified as operational.
In terms of satisfying GRI reporting specifications, the World Bank references its entire portfolio of activities, but does not include the performance of
individual investments in its portfolio. Descriptions of individual investments can be found on the projects website.
b. Impacts internal to the organization [corporate boundary]
Corporate boundary refers to the impact from our day-to-day operations on buildings and staff members. GRI indicators for the environment apply
primarily to performance of Washington, DC, facilities (which house 60 percent of World Bank staff) with Country Office data noted when relevant.
Indicators related to labor practices apply to global staff policies and practices.
Validating the Methodology: Stakeholder Panel
The World Bank invited selected stakeholders in May 2014 to meet in person to review the Banks materiality approach and resulting reporting, and
advise it in that undertaking for the 2014 reporting cycle. Details are available in the 2014 materiality discussion.

RESULTS: WHAT IS MATERIAL?


Operational impact
The World Banks most pertinent sustainability impacts from financial and technical services to clients can be summarized in the following GRIrelated aspects:
1. Economic PerformanceBecause creating and distributing economic value is part of the mission of eliminating extreme poverty, shareholders
and investors care about the sustainable economic performance of this institution.
2. Indirect Economic ImpactsThese impacts are an essential aspect of the Banks second goal of ensuring shared prosperity. Numerous
stakeholders have also asked for better valuation of results, direct and indirect, from World Bank lending and analytical services.

3. BiodiversityThrough lending and grant support to client countries, the World Bank Group is one of the largest international funding sources for
biodiversity worldwide.
4. Human Rights / Child Labor / Indigenous RightsThe World Bank significantly promotes human rights through its projects, for example,
improving poor peoples access to health, education, food, and water; promoting the participation of Indigenous Peoples in decision making,
strengthening the accountability and transparency of governments to their citizens; supporting justice reform; and fighting corruption. In addition,
civil society is actively following the World Banks current process of updating its safeguard policies. Stakeholders have also raised concerns about
inadequate protections for child labor by member countries in projects implemented through World Bank lending.
5. Local CommunitiesThe very nature of the Banks mission is to positively impact communities through investments in education, health, public
administration, infrastructure, and so on.
6. Anti-corruptionA well-functioning public sector that delivers quality public services consistent with citizen preferences and fosters private,
market-led growth while managing its fiscal resources in a prudent manner is critical to the World Banks mission to alleviate poverty. Opinion
leaders in the Banks client countries listed anti-corruption as one of their development priorities.
7. Grievance Mechanisms (environmental and human rights, for impacts on society)Grievance redress mechanisms (GRMs) are crucial for
managing risk in the Banks portfolio. By offering a channel for citizens to express concerns, comments, and complaints, GRMs create opportunities
to resolve disputes before they escalate. GRMs can help the Bank and member countries improve project outcomes, prioritize supervision, identify
systemic issues, and promote accountability. Percent of resolved registered grievances is now a key performance indicator for the World Bank
(see Corporate Scorecard).
8. Product Portfolio and Audit Aspects from the Financial Sector SupplementWorld Bank stakeholders look to the Bank to ensure that policies and
procedures are in place to assess and screen environmental and social risks in its lending portfolio.
Corporate impact
The most material aspects of the Banks internal operations include the following:
1. Staff are the World Banks greatest asset. They bring a wide range of perspectives to bear on poverty-reduction issues and emerging
development challenges, and are critical to the effectiveness of the Banks core operational and knowledge services. Staff-related indicators are
pulled from the following GRI aspect categories: economic performance, market presence, employment, occupational health and safety, training
and education, diversity and equal opportunity, labor practices grievance mechanisms, and nondiscrimination.
2. The Bank recognizes that reducing its own corporate environmental impacts is in line with the institutional mission to reduce poverty, as
environmental degradation affects the worlds poor disproportionately. Increasing the efficiency of how the organization runs its businessthrough
facility-level and staff-behavior changesreduces natural-resource waste and decreases the cost of day-to-day operations. Key aspects related to
3

the Banks environmental footprint include the following: energy, emissions, effluents and waste, and procurement practices (including supplier
environmental assessment, supplier assessment for impacts on society, and supplier human rights assessment).
For the fiscal 2015 Index, the GRI aspects materials and procurement practices were not deemed material based on the methodology used. This
was mainly because World Bank stakeholders were not asking the Bank how it managed its corporate procurement practices. Thus these aspects
scored low on the materiality scale. The Bank continues to consider its procurement practices an essential part of reducing its footprint impact;
therefore, information about these practices are included in The 2015 Sustainability Report (PDF).
Questions and comments about the GRI Index should be addressed to crinfo@worldbank.org.

CONTENT INDEX

STRATEGY AND ANALYSIS


ORGANIZATIONAL PROFILE
IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES
STAKEHOLDER ENGAGEMENT
REPORT PROFILE

6
7
12
15
19

GOVERNANCE
ETHICS AND INTEGRITY

20
21

ECONOMIC PERFORMANCE
ECONOMIC INDIRECT ECONOMIC IMPACTS
ENVIRONMENTAL BIODIVERSITY
ENVIRONMENTAL GRIEVANCE MECHANISMS

23
25
26
28
4

SOCIAL HUMAN RIGHTS INVESTMENT


SOCIAL CHILD LABOR
SOCIAL INDIGENOUS RIGHTS
SOCIAL HUMAN RIGHTS GRIEVANCE MECHANISMS
SOCIAL LOCAL COMMUNITIES
SOCIAL ANTI-CORRUPTION
SOCIAL GRIEVANCE MECHANISMS FOR IMPACTS ON SOCIETY
FINANCIAL SECTOR PRODUCT PORTFOLIO
FINANCIAL SECTOR AUDIT

29
31
32
33
34
36
37
38
44

ECONOMIC MARKET PRESENCE


ENVIRONMENTAL ENERGY
ENVIRONMENTAL EMISSIONS
ENVIRONMENTAL EFFLUENTS AND WASTE
ENVIRONMENTAL OVERALL
ENVIRONMENTAL SUPPLIER ENVIRONMENTAL ASSESSMENT
SOCIAL EMPLOYMENT
SOCIAL OCCUPATIONAL HEALTH AND SAFETY
SOCIAL TRAINING AND EDUCATION
SOCIAL DIVERSITY AND EQUAL OPPORTUNITY
SOCIAL LABOR PRACTICES GRIEVANCE MECHANISMS
SOCIAL NONDISCRIMINATION

45
46
48
51
52
54
54
57
59
61
63
64

G4-1

Statement from the


most senior decision
maker of the
organization

World Bank Group Managing Director and Chief Financial Officer Bertrand Badr addresses sustainability in
his introduction to The 2015 Sustainability Review. Refer to The World Bank Annual Report 2015 for an
additional letter from World Bank Group President Jim Yong Kim and a statement from the Board of Executive
Directors.
For more information, see The World Bank Annual Report, http://www.worldbank.org/en/about/annual-report,
and The 2015 Sustainability Report, http://www.worldbank.org/corporateresponsibility.
The World Bank works with its member countries to achieve equitable and sustainable economic growth in
their national economies and find solutions to pressing regional and global problems in economic development
and in other important areas, such as environmental sustainability.
Despite progress during the past decades, humanity still faces urgent and complex challenges. More than 1
billion people live in destitution, making eliminating extreme poverty a continuing priority. Against a backdrop
of rising inequality and social exclusion in many countries, poverty remains an urgent challenge. The simplesounding mission has proven to be a complex issue, with multiple dimensions requiring coordinated action
from the entire international community on many policy fronts. Combining concern for greater equity with the
need for growth will help to ensure that the bottom 40 percent of society will share in prosperity.

G4-2

Description of key
impacts, risks, and
opportunities

The World Bank believes that the depth and breadth of its sectoral knowledge, along with its range of financial
and technical assistance instruments, can help countries address these challenges. With this in mind, the
World Bank Group has set two goals: (1) strive toward reducing the extreme poverty rate to no more than 3
percent in 2030 and (2) promote shared prosperity by fostering income growth of the bottom 40 percent of the
population in every country. It endeavors to pursue both of these goals in an environmentally, socially, and
fiscally sustainable way.
A detailed discussion on significant environmental, social, and economic impacts of the World Bank and
associated challenges and opportunities as it continues on the path to end poverty and boost shared
prosperity is available in the World Bank Group Strategy. Unveiled at the 2013 Annual Meetings, the strategy
brings together for the first time the combined strength of the World Bank, IFC, and MIGA and places the
collective institution in a position to become the Solutions Bank with results for the poor as our central
benchmark. In addition, to ensure the availability of adequate resources that are aligned with the twin goals
6

and its strategy, the World Bank Group has undertaken significant financial reforms that will increase its
capacity to provide lending services to clients while strengthening its financial resilience. Performance for
these goals includes more than one indicator.
Improved client serviceswhich will ultimately help the World Bank Group deliver on its goalscan only
happen within a strong risk-management culture and framework that preserve the Bank Groups reputation
and financial sustainability in an increasingly uncertain and challenging environment. The Bank Groups
approach involves the proactive identification and management of risk in operations to ensure that risks are
adequately assessed, measured, monitored, and reported so that corrective action can be taken, if necessary,
in a timely manner. The Chief Risk Officer assists Bank management with identifying and managing Bankwide crosscutting risks, enhancing risk response decisions, reducing financial and operational surprises and
losses, seizing opportunities, and improving deployment of capital.
The Bank Group faces a variety of risks related to development impacts, environmental and social safeguards,
integrity, and financial management. It manages them through a customized risk rating and regular monitoring
system as well as through engagement with clients. It manages other risks, including fiscal and operational
risks, using leading industry practices and standards adapted to the Bank Groups purposes.
As both a development and a financial institution, the World Bank Group faces special challenges in the
current environment. Initiatives in fiscal 2015 on financing for development, the Sustainable Development
Goals, and climate change will affect the development agenda for years to come. The emergence of new
multilateral development institutions creates both opportunities and challenges for creative partnerships and
requires fresh thinking about the financial structure of the World Bank Group.
For more information on progress of these targets, see http://corporatescorecard.worldbank.org. .
For more information on lessons learned on poverty alleviation, see
http://www.worldbank.org/en/topic/poverty.
For more information on sustainability, see http://www.worldbank.org/en/topic/sustainabledevelopment.

G4-3

Name of the
organization

The World Bank (WB) consists of the International Bank of Reconstruction and Development (IBRD) and the
International Development Association (IDA). For more information, see
http://www.worldbank.org/en/about/what-we-do.

The World Bank offers a wide range of solutions to meet development challenges, all designed to support
governments in reducing poverty and boosting prosperity:

G4-4

Primary brands,
products, and services

Innovative financing instruments and banking products for an 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 of our projects are co-financed
with governments, other multilateral institutions, commercial banks, export credit agencies, and private
sector investors. The Bank also provides or facilitates financing through trust fund partnerships with
bilateral and multilateral donors. Many partners have asked the Bank to help manage initiatives that
address needs across a wide range of sectors and developing regions.
Research, analysis, partnership coordination, and technical assistance services designed to share the best
knowledge available to achieve development results underpin World Bank financing.

For more information, see http://www.worldbank.org/en/about/what-we-do.


G4-5

Location of
headquarters

G4-6

Number of countries
where the organization
operates

G4-7

Nature of ownership and


legal form

Washington, DC, United States


The World Bank is a global organization. IBRD is owned by 188 member countries and IDA by 173. The Bank
has eight Headquarters satellite offices and 127 Country Offices.
For a complete list of locations, see www.worldbank.org/contacts.
The World Bank is not a bank in the traditional sense but a unique partnership to reduce poverty and support
development. IBRD is governed by and works with its 188 member countries to achieve equitable and
sustainable economic growth in their national economies and to find solutions to pressing regional and global
problems in economic development and other important areas, such as environmental sustainability. IDA
works with its 173 member countries to reduce poverty by providing loans (called credits) and grants for
programs that boost economic growth, reduce inequalities, and improve peoples living conditions.
For a full list of member countries, see http://www.worldbank.org/about/leadership/members.
Each of the World Bank organizations operates according to procedures established by its Articles of
Agreement, or an equivalent governing document. These documents outline the conditions of membership
and the general principles of organization, management, and operations.

The World Bank works globally to achieve equitable and sustainable economic growth in member country
economies and to find solutions to the pressing regional and global problems in economic development. Its
work is distributed throughout the following regions: Africa, East Asia and Pacific, Europe and Central Asia,
Latin America and the Caribbean, Middle East and North Africa, and South Asia.
G4-8

Markets served

World Bank projects cover the following Global Practices: Agriculture; Education; Energy and Extractives;
Environment and Natural Resources; Finance and Markets; Governance; Health, Nutrition, and Population;
Macroeconomics and Fiscal Management; Poverty; Social Protection and Labor; Social, Urban, Rural, and
Resilience; Trade and Competitiveness; Transportation and Information and Communication Technologies;
and Water.
For more information on the Banks work by region and by sector, see www.worldbank.org/unit.
As of June 30, 2014, the World Bank employed 11,933 staff and 4,262 consultants who worked in
Washington, DC, and in 8 headquarters satellite offices and 127 Country Offices worldwide.
World Bank lending commitments for development support totaled $42.5 billion in fiscal 2015.

G4-9

Scale of organization

New lending commitments by IBRD totaled $23.5 billion for 112 operations in fiscal 2015. This volume was
higher than the precrisis historical average ($13.5 billion a year in fiscal 200508) and the $18.6 billion in fiscal
2014. As of June 30, 2015, net commitments in IBRD's active portfolio stood at $96.8 billion. IBRD also offers
financial products that allow clients to efficiently fund their development programs and manage risks related to
currency, interest rates, commodity prices, and natural disasters. In fiscal 2015, the Banks Treasury executed
US dollar equivalent (USDeq) 3.3 billion in hedging transactions on behalf of member countries, including
USDeq 2.0 billion in interest rate conversions and USDeq 1.2 billion in currency conversions, to assist
borrowers in managing interest rate and currency risks over the life of their IBRD loans. In addition, the Banks
Treasury executed swap transactions totaling USDeq 24 billion to manage the risks of IBRDs balance sheet
and USDeq 727 million to manage the risks of IDAs balance sheet.
IDA commitments amounted to $19.0 billion for 190 operations in fiscal 2015, including $15.9 billion in credits,
$2.4 billion in grants, and $600 million in guarantees. As of June 30, 2015, net commitments in IDAs active
portfolio stood at $91.4 billion. IDA is financed largely by contributions from partner governments. Additional
financing comes from transfers from IBRDs net income, grants from the International Finance Corporation
(IFC), and borrowers repayments of earlier IDA credits. Under the IDA17 Replenishment, which covers fiscal
201517, total resources amount to 33.7 billion in Special Drawing Rights (equivalent to $50.8 billion). For
more information, see The World Bank Annual Report, http://www.worldbank.org/en/about/annual-report.
9

The World Banks workforce is composed of some 16,300 individuals of 170 nationalitiesabout 5,500 on
permanent contracts, 6,500 on fixed-term or temporary contracts, and 4,300 full-time-equivalent (FTE) shortterm consultants. The richness of the backgrounds and experience of Bank staff continues to be a hallmark of
the products and services that clients seek.
There has only been a 3.2 percent decrease in the number of full-time employees (those on permanent, fixedterm, and temporary contracts) since fiscal 2014. The Bank also employed about 4,262 FTE short-term
consultants in fiscal 2015, a 6 percent increase over FTE short-term consultants employed in 2014. These
self-employed workers make up about a quarter of the Banks workforce.
The World Bank has a significant global footprint, with 40 percent of full-time staff now working outside the
United States. Eighty-three percent of the staff and 2 percent of managers of director level or above (grade
GI+) located in non-US offices were locally hired.
For information about the Banks career tracks, see www.worldbank.org/jobs.

G4-10

Total number of
employees by
employment contract,
region, broken down by
gender

Full-time staff

2015

2014

2013

Number

% of total

Number

% of total

Number

% of total

7,209

60%

7,449

60%

7,214

60%

Female

3,936

33%

4,102

33%

3,984

33%

Male

3,273

27%

3,347

27%

3,230

27%

4,724

40%

4,879

40%

4,832

40%

Female

2,226

19%

2,272

18%

2,272

19%

Male

2,498

21%

2,607

21%

2,560

21%

United States

Non-US
Location

WB total fulltime staff

11,933

12,328

12,046

Of which Female

6,162

52%

6,374

52%

6,256

52%

Of which Male

5,771

48%

5,954

48%

5,790

48%

4,262

26%

4,033

Consultants
(FTE globally)

3,802
10

G4-11

G4-12

Percentage of total
employees covered by
collective bargaining
agreements

The organizations
supply chain

Founded in 1972, the World Bank Group Staff Association (SA) is not a union and does not engage in
collective bargaining. It is a member-supported organization that works with Human Resources, senior
management, line management, and the Executive Directors to represent and protect the rights and interests
of all staff. It serves a critical role by representing the rights of all World Bank Group staff, as provided in World
Bank Group Staff Rule 10.01. It represents all (that is, 100 percent) of staff in its efforts; more than 10,000
World Bank Group staff are members of the Staff Association, and 89 Country Offices have established
Country Office Staff Associations (COSAs).
As a service and financial institution, the World Bank does not have an extremely complex supply chain. The
materials we use regularly to carry out our internal business include office supplies and electronics, and we
rely heavily on transportation services to ensure we interact with clients on the ground. An elevated
expectation from donors and the public to demonstrate effectiveness, value for money, and efficiency in
delivery has resulted in Corporate Procurements taking the lead to manage corporate contracts for goods and
services globally at optimal quality and minimal total cost of ownership.
For more information, see http://www.worldbank.org/corporateprocurement.

G4-13

Significant changes
during the reporting
period regarding the
organizations size,
structure, ownership, or
its supply chain

There were no significant changes for fiscal 2015.

The World Bank applies the precautionary approach through its safeguard policies.

G4-14

Report whether and how


the precautionary
approach or principle is
addressed by the
organization

The Banks environmental and social safeguard policies are a cornerstone of its support to sustainable poverty
reduction. The objectives of these policies are to prevent and mitigate harm to people and their environment in
the development process. These policies provide guidelines for Bank and borrower staff in the identification,
preparation, and implementation of programs and projects. The effectiveness and development impact of
programs and projects supported by the Bank has substantially increased as a result of attention to these
policies. Safeguard policies have often provided a platform for the participation of stakeholders in project
design, along with being an important instrument for building ownership among local populations. For more
information, see http://www.worldbank.org/safeguardpolicies.
11

G4-15

Externally developed
economic,
environmental, and
social charters,
principles, or other
initiatives to which the
organization subscribes
or which it endorses

The World Bank is committed to helping developing countries end poverty and boost share prosperity in a
sustainable manner. As such, it partnered globally to advance the effort to achieve the Millennium
Development Goals (MDGs), and it will be a partner of choice for countries seeking to reach many of the
Sustainable Development Goals (SDGs) once they are adopted in September 2015. The World Bank Group is
also an active member of the UN Environmental Management Group and the Multilateral Financial Institutions
Working Group on the Environment. As a UN-specialized agency, the World Bank also supports the mission of
the United Nations and the multilateral agreements for which the Bank acts as an implementing agency,
including the Global Environment Facility (GEF), the Multilateral Fund for the Montreal Protocol, and the
Convention to Combat Desertification. These facilities have enabled the World Bank to become the largest
funder of projects in support of the Convention on Biological Diversity and the Stockholm Convention on
Persistent Organic Pollutants.
For more information on the MDGs and partners, see www.worldbank.org/partners.

G4-16

G4-17

Memberships of
associations and
national or international
advocacy organizations

All entities included in


the organizations
consolidated financial
statements or equivalent
documents

The World Bank is not a member of industry or business associations or national or international advocacy
organizations, but is working with a wide range of partners across a broad spectrum of global issues, including
financial inclusion, education, health, and climate change, in order to operate more effectively.
For more information on the MDGs and partners, see www.worldbank.org/partners.

The World Bank consists of the International Bank of Reconstruction and Development (IBRD) and the
International Development Association (IDA). The 2015 Sustainability Review and this GRI Index do not cover
the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral
Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes
(ICSID). These agencies publish separate annual reports.
For more about the World Bank and its sibling agencies, see www.worldbank.org/about.

G4-18

The process for defining


the report content and
the Aspect Boundaries;
how the organization

The topics deemed relevant for disclosure were identified by assessing annual corporate priorities outlined by
the institutions Boards and President, considering stakeholder input, as well as ascertaining sustainability
impacts of carrying out the mission and vision. Stakeholder feedback is gained through three key channels:
the Country Opinion Survey, civil society feedback, and queries from investor research groups.
12

has implemented the


Reporting Principles for
Defining Report Content

To determine if a Global Reporting Initiative (GRI) aspect is material for the World Bank to report on, an
assessment is carried out based on the potential impact on the Banks business and sustainability impacts
stemming from its business. The business-case category evaluates potential reputational risks to the
organization, the importance to stakeholders (based on the above sources), and the linkages with the Banks
mission and goals. The sustainability impact refers to environmental and social criteria, as outlined by the
Natural Step, namely: material extracted from the earths crust; accumulation of persistent or toxic emissions;
extractive industry or destructive processes; and the extent to which peoples ability to meet their needs are
undermined. To ensure representation of sustainable development, an additional criterion was added to give
preference for impact on the local economy.
The Principles for Defining Report Content have been applied to identify, prioritize, and validate the
information to be disclosed by considering the World Banks activities, impacts, and the substantive
expectations and interests of its stakeholders. Each criterion above is given a point and a threshold is set to
prioritize GRI aspects to include in the report.
Material aspects are listed below:
Aspect

Materiality score

Boundary

ECONOMIC

G4-19

All the material aspects


identified in the process
for defining report
content

1 ECONOMIC PERFORMANCE
2 MARKET PRESENCE
3 INDIRECT ECONOMIC IMPACTS
ENVIRONMENTAL
4 ENERGY
5 BIODIVERSITY
6 EMISSIONS
7 EFFLUENTS AND WASTE
8 OVERALL
9 SUPPLIER ENVIRONMENTAL ASSESSMENT
10 ENVIRONMENTAL GRIEVANCE MECHANISMS
SOCIAL: LABOR PRACTICES AND DECENT WORK
11 EMPLOYMENT
12 OCCUPATIONAL HEALTH AND SAFETY

6
4
6

Both
Corporate
Operational

4
6
4
5
4
4
5

Corporate
Operational
Corporate
Corporate
Corporate
Corporate
Operational

4
4

Corporate
Corporate
13

13 TRAINING AND EDUCATION


14 DIVERSITY AND EQUAL OPPORTUNITY
15 LABOR PRACTICES GRIEVANCE MECHANISMS
SOCIAL: HUMAN RIGHTS
16 INVESTMENT
17 NON-DISCRIMINATION
18 CHILD LABOR
19 INDIGENOUS RIGHTS
20 HUMAN RIGHTS GRIEVANCE MECHANISMS
SOCIAL: SOCIETY
21 LOCAL COMMUNITIES
22 ANTI-CORRUPTION
GRIEVANCE MECHANISMS FOR IMPACTS ON
23
SOCIETY
FINANCIAL SECTOR SUPPLEMENT
24 PRODUCT PORTFOLIO
25 AUDIT

4
4
4

Corporate
Corporate
Corporate

4
4
4
4
4

Operational
Corporate
Operational
Operational
Operational

4
4

Operational
Operational

Operational

6
4

Operational
Operational

See table in G4-19.


G4-20

For each material


aspect, the Aspect
Boundary within the
organization

Impacts internal to the organization or corporate boundary refers to the impacts from day-to-day operations
on buildings and staff members. GRI indicators for environment apply primarily to performance of Washington,
DC, facilities (which house 60 percent of World Bank staff), with Country Office data noted when relevant.
Indicators related to labor practices apply to global staff policies and practices.
See table in G4-19.

G4-21

For each material


aspect, the Aspect
Boundary outside the
organization

The World Bank, a development institution, works closely with member country government counterparts and
stakeholders to achieve lasting results. Aspect Boundaries outside the organization involve indirect impacts
that occur in member countries as a result of the Banks lending and analytical services.
In terms of satisfying GRI reporting specifications, the World Bank references its entire portfolio of activities,
but does not include the performance of individual investments in its portfolio. For descriptions of individual
investments, see http://www.worldbank.org/projects.
14

G4-22

Restatements of
information provided in
previous reports

Restatements have been made to EC1. The way revenues are calculated and reported for the purposes of
GRI has been modified. See EC1 for details.

G4-23

Significant changes
from previous reporting
periods in the Scope and
Aspect Boundaries

There were slight changes from previous reporting periods in the Scope and Aspect Boundaries. In fiscal
2015, the following GRI aspectsmaterials and procurement practiceswere not deemed material based
on the methodology. This was mainly because stakeholders were not asking about Corporate Procurement
practices, and thus these aspects ranked low on the materiality scale. The Bank continues to consider its
procurement practices an essential part of its footprint impact, and thus has included information in The 2015
Sustainability Report.

G4-24

Stakeholder groups
engaged by the
organization

As a global citizen and a global employer, the World Bank consults and collaborates with thousands of
stakeholders throughout the world. The Bank groups the stakeholders into two main categories: internal and
external. Internal stakeholders include Bank owners (shareholder governments) and Bank employees (internal
staff). External stakeholders include civil society, faith-based organizations, academics, foundations,
parliamentarians, citizens impacted by projects, private sector (including socially responsible investors),
partnering agencies, and international, national, and local media.

G4-25

The basis for


identification and
selection of
stakeholders with whom
to engage

In the context of World Bank-supported activities, stakeholders are considered those who are affected,
whether positively or negatively, by a proposed intervention. Who the stakeholders are for any given project or
issue depends on the situation. Getting the necessary stakeholders involved is essential, but it is not always
easy, because our stakeholders range from donor and client governments to the poorest and most
marginalized communities.

G4-26

The organizations
approach to stakeholder
engagement, including
frequency of

Member governments

Engagement is built into the management structures. Each fall and spring,
the Boards of Governors of the World Bank Group and International
Monetary Fund (IMF) hold Annual and Spring Meetings to discuss a range of
issues related to poverty reduction, international economic development, and

15

finance. The Annual Meetings provide a forum for international cooperation


and enable the Bank and the IMF to better serve their member countries. In
addition to the meetings of the Boards of Governors, the Development
Committee is convened to advise the Boards of Governors on issues of
global concern, including the world economic outlook, poverty eradication,
economic development, and aid effectiveness.

engagement by type and


by stakeholder group,
and an indication of
whether any of the
engagement was
undertaken specifically
as part of the report
preparation process

The Development Committee Communique is used as part of the


Sustainability Review preparation.
Employees

Staff surveys are used to engage staff. In November 2015, a World Bank
Group Employee Engagement Survey was conducted to measure staff's
views on a variety of key areasfrom leadership to career development to
the work environment.

Civil society

Engagement ranges from focus groups to community panels to invitations to


participate in and contribute substantively to policy discussions during the
Annual Meetings. Twice a year, during the Spring and Annual Meetings, the
World Bank hosts the Civil Society Policy Forum, where civil society
representatives from around the world convene to deliberate priority
development issues with a broad group of stakeholders. At the global and
regional levels, civil society organizations (CSOs) have been formally
consulted on the major policies introduced or updated in recent years by
World Bank staff in such areas as access to information, social
accountability, and environmental and social safeguards. Consultations have
also become common; they are based on such reports as the annual World
Development Report (WDR) and evaluations carried out by the Independent
Evaluation Group (IEG). At the country level, the World Bank consults with a
broad spectrum of CSOs on the System Country Diagnostic, the Country
Partnership Framework, sector studies, and individual Bank-funded
development projects. Often these consultations are multi-stakeholder and
involve CSOs, governments, businesses, and other donor agencies. With the
introduction of the Citizens Engagement Strategic Framework, the Bank has
committed to 100 percent beneficiary feedback, for which the views of civil

16

society are solicited to inform impact assessments and future development


planning.
To further support development results and reach the goals of ending
extreme poverty and fostering shared prosperity, the Global Partnership for
Social Accountability (GPSA) supports civil society and governments to work
together to solve critical governance challenges in developing countries. To
achieve this objective, the GPSA provides strategic and sustained support to
CSOs social accountability initiatives aimed at strengthening transparency
and accountability. For more information on the Banks engagement with civil
society see www.worldbank.org/civilsociety, and for more information on the
GPSA, see http://www.thegpsa.org/sa/.
Citizens and others

Stakeholder consultations are a time-limited engagement platform through


which interested and impacted parties can share their input and perspectives
on a proposed area of the World Banks work. This exercise is done with the
objective of influencing decisions. Therefore, the objective of consultations is
to seek the views of those affected by our work but outside the internal
decision-making process. By ensuring that affected and interested parties
express their views about a particular policy, strategy, study, or program, and
by ensuring that a wide range of potential impacts is taken into account, the
Banks decision-making process becomes better informed, more rigorous,
and more accountable. Moreover, consultation has become an essential
component of the open and accessible governance of the institution.
Consultation methods and formats vary depending on the scope of the World
Bank Groups proposed engagement (local, regional, national, or global), the
purpose of the engagement, the nature of the issues being discussed, and
the parties and stakeholders interested in influencing the outcome of the
process. For more information, see http://consultations.worldbank.org/.
The Country Opinion Survey Program results are aggregated data from
approximately 40 countries per year. The program systematically measures
and tracks the perceptions of the World Banks clients, partners, and other
stakeholders across the globe in member countries. For more information,
see http://countrysurveys.worldbank.org/
17

Environmental, social,
governance (ESG)
investor community

Formal and informal engagements are used to better work with the ESG
investor community. The views of ESG research firms were taken into
account in preparation of The 2015 Sustainability Review.

Partnering agencies

The World Bank works with other international institutions and donors to
improve the coordination of aid policies and practices in countries at the
regional and global levels. Consultation methods and formats vary depending
on the scope of the World Bank Groups proposed engagement. For more
information, see http://www.worldbank.org/partners.

Local, national, and


international media

On a daily basis, the World Bank approaches media to cover its major report
launches, corporate priority campaigns, and messages, including events
involving the President. At key opportunities, like the Annual and Spring
Meetings, the Bank proactively drives the primary messages of the institution,
such as its commitment to the twin goals of ending extreme poverty by 2030
and boosting shared prosperity. The Bank approaches traditional media
outlets (via interviews and op-eds) and actively uses social media to promote
issues that need to be addressed to achieve those goals, such as major
reports on climate change. It also responds to all media queries and interview
requests to help the media better understand the Bank and what it does. In
addition, the Banks reputation is managed by working with reporters to clarify
Bank priorities and activities, providing them with institution views so they can
write balanced and well-represented articles. Press releases, speeches,
transcripts, and feature stories from the Bank can be found on the World
Banks website homepage, http://www.worldbank.org, and on the news site,
http://worldbank.org/news
The key priority in fiscal year 2015 was the continued promotion and
implementation of the World Banks twin goals. This included outreach to key
audiences through mechanisms such as press releases, op-eds, report
launches, and other stakeholder engagement about activities achieve these
goals. Significant communications efforts were also directed toward the Bank
Groups enhanced efforts in combating specific issues, such as tackling the
Ebola outbreak and fighting climate change, while the Banks issuance and
promotion of global economic outlooks also garnered strong media coverage.
18

Because stakeholder groups raise concerns in various venues and formats, these concerns cannot be
summarized here.

G4-27

Key topics and concerns


that have been raised
through stakeholder
engagement, and how
the organization has
responded to those key
topics and concerns

G4-28

Reporting period for


information provided

The 2015 Sustainability Review and GRI Index cover fiscal 2015, July 1, 2014, through June 30, 2015.

G4-29

Date of most recent


previous report

The previous Sustainability Review was made available in October 2014.

G4-30

Reporting cycle

The World Bank annually updates its GRI Index. The Bank is currently reviewing its institutional flagship
reports and may make changes to the reporting cycle.

G4-31

The contact point for


questions regarding the
report or its contents

For more information, email the Corporate Responsibility Program: crinfo@worldbank.org.

G4-32

The in accordance
option

The 2015 Sustainability Review and GRI Index have been reported in accordance with the GRI guidelines:
core option.

G4-33

Policy and current


practice with regard to
seeking external
assurance for the report

The World Bank has not set a policy on gaining external assurance for its Sustainability Review. In practice,
limited assurance is carried out for the Banks corporate carbon emissions data biennially. The carbon
inventory is also assured every year by the IFC Annual Report auditors.

1. For concerns raised in particular projects by citizens, media, and CSOs, see individual project
documents, http://www.worldbank.org/projects.
2. For concerns raised during consultations with citizens, media, and CSOs, see
http://consultations.worldbank.org.
3. For outcomes of the Country Opinion Survey, see http://countrysurveys.worldbank.org/.
4. For concerns raised by civil society, see http://worldbank.org/civilsociety.
5. Staff concerns are not disclosed because of confidentiality.

19

The World Bank is a development institution for which its 188 member countries are shareholders. The Bank
works with members to achieve equitable and sustainable economic growth in their national economies and
find solutions to pressing regional and global problems in economic development and critical areas such as
environmental sustainability. It pursues its overriding goal to overcome poverty and improve standards of living
primarily by providing loans, risk-management products, and expertise on development-related disciplines and
by coordinating responses to regional and global challenges. Member countries govern the Bank through the
Boards of Governors and the Board of Executive Directors (EDs).

G4-34

The governance
structure of the
organization, including
committees of the
highest governance
body; any committees
responsible for decision
making on economic,
environmental, and
social impacts

The Boards of Governors consist of one governor and one alternate governor appointed by each member
country. The office is usually held by the countrys minister of finance, governor of its central bank, or a senior
official of similar rank. The governors and alternates serve for terms of five years and can be reappointed. The
Honorable Kordj Bedoumra, Minister of Finance and Budget, Chad, will be the Chairman for the 2015 Annual
Meetings. The governors delegate specific duties to the 25 EDs, who work onsite at the Bank. The five largest
shareholders each appoints an Executive Director, and other member countries are represented by elected
executive directors.
Together, the Boards of Governors and the EDs make all major decisions for the organization, including
policy, financial, and membership issues.
In addition to representing their own countries and others they are elected to represent, EDs serve on one or
more of five standing committees: Audit Committee, Budget Committee, Committee on Development
Effectiveness (CODE), Human Resources Committee, and Committee on Governance and Executive
Directors Administrative Matters. The committees help the Board execute its oversight responsibilities through
in-depth examinations of policies and practices, overseeing and making decisions about the Banks policies
and procedures, financial condition, risk-management and assessment processes, adequacy of governance
and controls, and effectiveness of development and poverty-reduction activities. In addition, the Ethics
Committee provides guidance on matters covered by the Code of Conduct for Board officials. These
committees function independently of all World Bank Group executive officers.
For more information, see http://www.worldbank.org/leadership.

20

The World Bank's mission is to fight poverty with passion and professionalism for lasting results. The twin
goals--ending extreme poverty and boosting shared prosperity--guide the mission. To achieve the goals, the
Bank strives to promote environmental and social sustainability at the country and global levels, and to pursue
a fiscally responsible development path. It seeks to help people help themselves and their environment by
providing resources, sharing knowledge, building capacity, and forging partnerships in the public and private
sectors. The institutions core values are personal honesty, integrity, and commitment; working together in
teams with openness and trust; empowering others and respecting differences; encouraging risk-taking and
responsibility; and enjoying both work and family.
There is a mandatory e-learning training on the Code of Conduct for all new staff, including consultants with
contracts of more than 30 days. There is a separate Code of Conduct for Board officials. Business partners
are informed of ethics expectations through a separate Code of Conduct document.

G4-56

The organizations
values, principles,
standards and norms of
behavior such as codes
of conduct and codes of
ethics

In addition to the training for new staff, a number of ethics training courses are offered at the WBG. For
example, when the Office of Ethics and Business Conduct (EBC) delivered face-to-face training on preventing
retaliation to WBG Country Office managers, other ethics training was offered to all staff in those offices.
Adherence to high ethical standards is specified in contracts with employees, Board officials, and business
partners. Section 1(c) of the Code for Board Officials requires them to sign the code document upon assuming
duty and deposit it with the Ethics Committee of the Board.
Staff members are required to uphold the WBGs Staff Rules as a condition of employment.
In 2012, the World Bank Group elevated the head of the ethics function to a vice presidency. As indicated in a
June 2015 communication from the Office of the President: The leadership of this function by a Vice President
and Group CEO reflects the importance attached to EBCs mandate across its four key areas of responsibility:
(1) responding to and investigating allegations of staff misconduct, and policies and procedures; (2) providing
training, outreach, and communication on business conduct; (3) providing advice on conflicts of interest and
implementing the Bank Groups financial disclosure programs; and (4) tracking trends and providing insights
and periodic reports to senior management. A summary of the Code of Conduct is available in nine
languages.
For more information on the World Banks Code of Conduct and EBC functions, see
http://worldbank.org/ethics.
21

The Office of Ethics and Business Conduct (EBC) enables staff members to seek ethics-related advice and
guidance. Employees, business partners, and other stakeholders are informed of EBCs advisory services
through a range of communication media. EBC advisory services are cited in various training programs offered
by the WBG.
The Ethics Helpline is an email service account (ethics_helpline@worldbank.org) that is accessible to staff and
advertised on the external website. Staff members also can seek advice directly from EBC staff during office
hours or arrange to speak with advisory team members at a convenient time. Most advisory services are
provided in English, which is the working language of the World Bank. Staff members can also contact the
Ethics Helpline 24/7 by phone (800-261-7497), which is administered in multiple languages by an outside
vendor.

G4-57

Internal and external


mechanisms for seeking
advice on ethical and
lawful behavior, and
matters related to
organizational integrity,
such as helplines or
advice lines

Advisory requests are treated with the highest possible level of confidentiality given the requirements of the
case. However, requesting advice on a misconduct matter does not provide immunity in relation to this
misconduct. In most cases, with this exception, advice is treated confidentially. Requests for advice can be
made anonymously.
There were 830 requests for advice and guidance received by EBC in fiscal 2015. The most frequently
received queries involved questions concerning a staff members outside activities. For additional information
on the types of requests received, refer to EBCs Annual Reports, posted online.
EBC does not currently administer a satisfaction survey to individuals who contact the office. However,
individuals who approach the office frequently express satisfaction, in particular because most requests for
guidance are responded to within 48 hours. For more about addressing staff concerns, see the Office of Ethics
and Business Conduct: http://worldbank.org/ethics.
Additionally, the Banks Integrity Vice Presidency works to improve compliance with World Bank Group
corruption-related policies. The unit trains staff to detect and deter fraud and corruption, and investigates
allegations related to fraud and corruption in activities conducted or financed by the World Bank Group, as well
as allegations of significant fraud and corruption involving World Bank Group staff.
Details are outlined for staff in the WBG Code of Conduct.

22

The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Banks lending
is aimed at two different groups of countries: IBRD strives to reduce poverty in middle-income and credit-worthy poorer countries through
loans, guarantees, risk-management products, and analytical and advisory services. Its companion organization, IDA, offers below-marketrate financing to the worlds 77 poorest countries, primarily through credits and grants.
G4-DMA

IBRD funds itself through high-quality bonds offered in the international capital markets. IDAs funding is predominantly from contributions
by donor countries, including OECD countries and, increasingly, middle-income nations.
The World Banks Corporate Scorecard is designed to provide a snapshot of the Banks overall performance in the context of development
results. It facilitates strategic dialogue between management and the Board on progress made and areas that need attention. Aspects of
financial strength are measured under the Scorecards Tier III, which reviews the overall success of Bank activities in achieving
development goals and examines the effectiveness of Bank operations, including the performance of its lending portfolio.

G4-EC1

Direct economic value


generated and
distributed

In fiscal 2015, IBRD revenues were $2.32 billion ($2.68 billion and $3.4 billion for 2014
and 2013, respectively), and IDAs revenues were $2.15 billion ($2.5 billion and $2.1
billion for 2014 and 2013, respectively). Sources of revenues include revenue from
loans and credits, revenue from IBRDs Equity Management, revenue from investments
trading, transfers from affiliated organizations, and other sources from externally funded
activities.
Fiscal 2015 IBRD expenses were $2.53 billion ($2.4 billion and $2.6 billion for 2014 and
2013, respectively), and IDAs expenses were $4.25 billion ($4.6 billion and $4.3 billion
for 2014 and 2013, respectively). Expenses include borrowings, administrative
expenses, development grants, transfers to affiliated organizations, and other general
expenses.

Full

To better understand the business models of each entity, please see the IBRD
Management's Discussion and Analysis (MD&A) and IDA MD&A.

G4-EC2

Financial implications
and other risks and
opportunities for the

The World Bank Group believes a 4 C warmer world can and must be avoided.
Immediate global action is needed to slow the growth in greenhouse gas emissions and
help countries adapt to changes that are already locked in. Getting there will require
economic transformations and a path to net-zero emissions before the end of the

Full
23

organizations activities
due to climate change

century. The Bank is stepping up its mitigation, adaptation, and disaster riskmanagement work, and will increasingly look at all business through a climate lens.
Risks and opportunities and the subsequent financial implications of the Banks
activities due to climate change are reported through the Climate Disclosure Project.
For the complete report, see www.cdp.net.

As of June 30, 2015, the value of accrued pension liabilities for IBRD/IDA was $15.9
billion, supported by assets held in trust of $15.2 billion. The funded ratio (asset over
liabilities) was 96 percent as of June 30, 2015.
Assets are evaluated at their fair value, and liabilities are measured as the Projected
Benefit Obligation, discounted with high-quality corporate bonds rates. The two
amounts are estimated in full compliance with the US accounting standard (ASC 715).

G4-EC3

Coverage of the
organizations defined
benefit plan obligations

G4-EC4

Financial assistance
received from
government

The World Bank offers its staff defined benefit plans. The Bank has established a
Retirement Trust. As per the terms of the Staff Retirement Plan, all contributions,
assets, property, funds, and income of the Staff Retirement Plan shall be transferred to
the Retirement Trust and shall be held, administered, and maintained separately from
the Banks other property and assets, solely to provide the benefits and pay the
expenses of the Staff Retirement Plan. The employer contribution is based on a
specified funding methodology and varies from year to year in response to changes in
the plan financial position. Participants of the gross plan (closed plan) contribute 7
percent of the pensionable gross salary. Participants of the net plan (open to new
entrants) contribute 5 percent of their net salary to the mandatory cash balance
component. Participants to the net plan may choose to contribute up to an additional 6
percent of their net salary to the cash balance. Participation in the pension plan is
mandatory.
World Bank member countries, or shareholders, are represented by a Board of
Governors, who are the ultimate policy makers at the World Bank. Generally, the
governors are member countries ministers of finance or ministers of development.
They meet once a year at the Annual Meetings of the Boards of Governors of the World
Bank Group and the International Monetary Fund. The governors delegate specific

Full

Partial

24

duties to 25 executive directors, who work onsite at the Bank. The five largest
shareholders appoint an executive director, while other member countries are
represented by elected executive directors.
Member contributions: IBRD has a diversified shareholder base that supports IBRDs
financial strength through both paid-in and callable capital. Callable capital can only be
used in order to satisfy debt-holder claims. Members are responsible for the full amount
of their callable capital subscriptions, regardless of others ability to fulfill their
obligations. For capital contributed by a member country see:
http://www.worldbank.org/en/about/leadership/VotingPowers
Trust funds: Generally accounted for separately from the Banks own resources, trust
funds are financial and administrative arrangements with external donors that lead to
grant funding of high-priority development needs, such as technical assistance,
advisory services, debt relief, post-conflict transition, and co-financing.
Taxes: As an organization established by international treaty, the World Bank receives
tax-exempt status from its member countries.

The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the
ordinary sense, but a unique partnership formed to reduce poverty and support development. The Bank supports 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.
G4-DMA

G4-EC7

The Bank has established ambitious but achievable goals to galvanize international and national efforts: (1) strive toward reducing the
extreme poverty rate to no more than 3 percent in 2030 and (2) promote shared prosperity by fostering income growth of the bottom 40
percent of the population in every country. It endeavors to pursue both of these goals in an environmentally, socially, and fiscally
sustainable way. The World Bank Groups Corporate Scorecard measures the progress on these goals. The results provide key sectoral
and multisectoral results achieved by our clients with the support of World Bank Group operations in pursuit of the goals.

Development and
impact of infrastructure
investments and
services supported

Infrastructure developmentin the energy, water, transport, and information and


communication technology sectorsis critical to create growth opportunities and to
reduce poverty.

Full

25

For further information about the portfolio of infrastructure projects financed by the
World Bank, see page 18 of The World Bank Annual Report:
http://www.worldbank.org/en/about/annual-report.

G4-EC8

Significant indirect
economic impacts,
including the extent of
impacts

The World Bank works with its borrowing country members to achieve equitable and
sustainable economic growth in their national economies and to find solutions to
pressing regional and global problems in economic development and in other important
areas, such as environmental sustainability. The Bank pursues its principal goals of
overcoming poverty and improving standards of living primarily by providing loans, risk
management products, and expertise on development-related disciplines, and by
coordinating responses to regional and global challenges. The Banks financial
resources are significant, but they are finite. Its knowledge is a valuable commodity.
The more this knowledge is shared and the more new ideas germinate, the greater the
potential for delivering solutions to the challenging and intractable development
problems, leading to greater improvement. The Bank's scale, range, and diversity lie at
the core of its specialized role as a key contributor to global development knowledge.
The interaction of the Bank's broad knowledge base with lending operations is unique.

Full

For a summary of our impacts, see page 6 of The World Bank Annual Report. For a
breakdown of the fiscal 2015 portfolio by theme, sector, and region, see "The Roles of
IBRD and IDA," on pages 5459 of the Annual Report:
http://www.worldbank.org/en/about/annual-report.
See the Corporate Scorecard for the Banks overall performance in the context of
development results.

Countries rely on healthy ecosystems and biodiversity to survive, grow enough food, and make a living. But the world is experiencing a
dramatic loss of biodiversity, negatively affecting livelihoods, clean water supply, food security, and resilience to environmental disasters.
This situation particularly affects the 75 percent of the world's poor who live in rural areas and often rely on ecosystems to make a living.
G4-DMA

The World Bank works with countries around the world to conserve and sustainably use biodiversity. With a portfolio of 229 projects worth
$1.078 billion in the 10 years from fiscal 2006 through 2015, the World Bank is one of the largest international financiers of biodiversity
conservation and sustainable use.
The World Bank helps countries put policies in place so that biodiversity is valued as a key driver of sustainable development. It works with
clients to improve their administration to better conserve and sustainably use their biodiversity. The Bank invests in those aspects of
26

biodiversity servicessuch as watershed management and protected areasthat help countries achieve their development goals. The
World Bank also helps countries find ways to generate revenues from biodiversity, such as tourism income, in addition to fighting wildlife
crime. Biodiversity projects range from establishing and strengthening terrestrial, freshwater, and marine protected areas, to eradicating
invasive alien species, to improving biodiversity management planning in the production landscape.
The World Bank does not support projects that involve the significant conversion or degradation of critical natural habitats. Wherever
feasible, Bank-financed projects are sited on already converted lands. The Bank does not support projects involving the significant
conversion of natural habitats unless there are no feasible alternatives for the project and its siting, and comprehensive analysis
demonstrates that overall benefits from the project substantially outweigh the environmental costs. If the environmental assessment
indicates that a project would significantly convert or degrade natural habitats, the project takes mitigation measures, including minimizing
habitat loss and establishing and maintaining an ecologically similar protected area. In deciding whether to support a project with potential
adverse impacts on a natural habitat, the Bank takes into account the borrower's ability to implement the appropriate conservation and
mitigation measures.
A 2010 review of the Bank's safeguard policies regime by the Independent Evaluation Group found that 11 percent of projects triggered
Operational Policy 4.04 on Natural Habitats. Among these, the policy was satisfactory in 72 percent of cases.

The Bank supports the protection, maintenance, and rehabilitation of natural habitats
and their functions in its economic and sector work, project financing, and policy
dialogue.

G4-EN13

Habitats protected or
restored

From fiscal 2006 to 2015, 87 projects supported habitat-protected or -restored areas,


with a geographic emphasis on Latin America and the Caribbean region, with 31
projects, and Africa, with 29 projects. There were 16 projects in East Asia and the
Pacific, 6 in Eastern and Central Asia, 2 in Middle East and North Africa, 2 in South
Asia, and 1 other. Habitat restoration was supported through five projects (2 in Africa, 1
in East and Central Asia, 2 in Latin America and the Caribbean region).

Full

Bank projects with natural habitat components include appropriate environmental


expertise for project preparation, appraisal, and supervision arrangements to ensure
adequate design and implementation of mitigation measures. Global and regional
partnerships play an important role in promoting biodiversity conservation. Some of the
key partnerships are as follows:

The Critical Ecosystems Partnership Fund (CEPF) has brought together the
governments of France and Japan with the MacArthur Foundation, the
27

European 1,900 civil society organizations to reduce threats to 22 critically


endangered hotspots. The Global Tiger Initiative launched in 2008 has helped
strengthen political ownership by the 13 tiger countries of their endangered tiger
populations.

The Save our Species (SOS) Program seeks to leverage private sector
engagement and funding for threatened species and has provided support to
more than 200 species across 50 countries to date.

The International Consortium on Combating Wildlife Crime is a collaborative


effort of five intergovernmental organizations to bring coordinated support to
national wildlife law enforcement agencies and sub-regional networks.

For more information on the status of the projects, see:


http://www.worldbank.org/en/results/2013/04/09/biodiversity-sector-results-profile
All figures are based on internal systems that track official lending and grant amounts.

The World Bank has two ambitious goals: to eliminate extreme poverty and boost shared prosperity in a sustainable manner. Poverty, as
the Bank recognizes it, encompasses lack of opportunities (including capabilities), lack of voice and representation, and vulnerability to
shocks.
Grievance redress mechanisms (GRMs) are crucial for managing risk in the Banks portfolio. GRMs create opportunities to resolve disputes
before they escalate by offering a channel for citizens to express concerns, comments, and complaints. Beyond their benefits to citizens,
GRMs can help the Bank and client improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability.
G4-DMA

The Bank promotes human rights principles through the projects it supports, for example, improving poor people's access to health
services, education, food, and water. Moreover, the Bank promotes the participation of project-affected people, including Indigenous
Peoples, in decision making and participation; helps strengthen the accountability and transparency of governments to their citizens; and
supports justice reform and fighting corruption. Although development projects are intended to bring about positive change, their
implementation involves risks, and people or the environment can be adversely impacted. The Bank has policies to help avoid such
unintended outcomes, but some problems may remain unrecognized or unaddressed. In such circumstances, citizens must speak out to
bring attention to these problems. This can be done either through project-level Grievance Redress Mechanisms or the Banks corporatelevel Grievance Redress Service (GRS), which was established in January 2015 to field complaints that could not be addressed at the
country level. This mechanism complements the borrowers project-level grievance mechanisms (where they exist), and the Boards
Inspection Panel.
28

The Environmental and Social Standards-Advisory Team (ESSAT) leads the Banks corporate work on grievance redress. GRS provides a
consistent and systematic approach to the handling of complaints and conflict resolution across all IBRD/IDA operations. The work involves
a number of the Bank's major initiatives, in particular, work on risk, results, and beneficiary feedback.
The Global Review of Grievance Redress Mechanisms found that half of all Bank projects featured a GRM in project-design documents.
However, new research shows implementation challenges.
A major focus for the Bank in the future will be to further integrate grievance redress in all projects, increase support for implementation,
and enhance collection and monitoring of grievances received and resolved across the projects portfolio.

G4-EN34

Number of grievances
about environmental
impacts filed,
addressed, and resolved
through formal
grievance mechanisms

Data for this indicator are not available. Systems are being established to capture the
data in a more comprehensive manner.

Incomplete

The Bank significantly promotes human rights principles in a range of areas, including: (1) improving poor people's access to health
services, education, food, and water, (2) promoting the participation of project-affected communities, including Indigenous Peoples, in
decision-making, (3) strengthening the accountability and transparency of governments to their citizens, and (4) supporting justice reform
and fighting corruption. Thus, the Bank's role is facilitative, helping its members realize their human rights obligations.

G4-DMA

The Bank screens each project proposed for financing to determine the appropriate extent and type of environmental and social analysis to
be undertaken during project preparation, and whether the project may involve the use or application of other safeguard policies. Policies
that may be triggered include: OP/BP 4.01, Environmental Assessment; OP/BP 4.04, Natural Habitats; OP 4.09, Pest Management; OP/BP
4.10, Indigenous Peoples; OP/BP 4.11, Physical Cultural Resources; OP/BP 4.12, Involuntary Resettlement; OP 4.36, Forests; and OP/BP
4.37, Safety of Dams. In addition, the Bank recognizes that gender issues are important dimensions of its poverty reduction, economic
growth, human wellbeing, and development effectiveness agenda. OP/BP 4.20 establishes a country-level, strategic approach to
mainstreaming gender issues in Bank work. For more information on gender issues, see: http://www.worldbank.org/en/topic/gender.
The Bank classifies the proposed project into one of four categories (A, B, C, and FI) depending on the type, location, sensitivity, and scale
of the project, and the nature and magnitude of its potential environmental impacts. The borrower is responsible for any assessment
required by the safeguard policies, with Bank staff providing general advice. Depending on the type of project and its safeguard policy
category, the Bank project design incorporates into project development such issues as public consultation, environmental and social
29

assessment social action plans, Indigenous Peoples action plans, and resettlement frameworks and action plans. The compliance forms
part of the legal agreements for grants and loans.
In October 2012, the World Bank launched a review and update of its policies to protect people and the environment in its projects. The
World Banks environmental and social safeguard policies contribute to sustainability and development effectiveness in Bank projects and
programs by helping to avoid or mitigate harm to people and the environment. The goal of this review and update is to better align these
policies with the changing needs and aspirations of borrowers, the external context, and the business of the Bank. The third phase of
external consultations on the proposed Environmental and Social Framework (ESF) is now underway. For updates, see
http://consultations.worldbank.org/consultation/review-and-update-world-bank-safeguard-policies.

G4-HR1

G4-HR2

Total number and


percentage of
significant investment
agreements and
contracts that include
human rights clauses or
that underwent human
rights screening

Total hours of employee


training on human
rights policies or
procedures concerning
aspects of human rights
that are relevant to
operations, including
the percentage of
employees trained

One hundred percent of proposed projects were appraised in accordance to


requirements per the World Banks policies to protect the environment and humans
potentially affected by Bank-supported projects.
The Bank screens each proposed project to determine the appropriate extent and type
of environmental and social analysis to be undertaken during project preparation and
whether the project may involve the use or application of other safeguard policies.
World Bank environmental and social safeguard policies are a cornerstone of our
support to sustainable development and poverty reduction. The objective of these
policies is to prevent and mitigate undue harm to people and their environment in the
development process. In fiscal 2015, 144 hours (24 sessions) of training were delivered
on Bank safeguard policies to 500 staff members in Washington, DC. In fiscal 2014,
180 hours (30 sessions) were delivered on Bank safeguard policies to 10 percent of
Bank staff (750 staff members) in Washington, DC. In fiscal 2013, 156 hours (26
sessions) were delivered to 632 staff. In addition, various regional offices hosted
training workshops (which are not included in these totals).

Partial

Partial

In 2009, the World Bank launched a knowledge and learning programthe Nordic
Trust Fundon human rights, with the objective to help staff better understand how
human rights relate to the Bank's analytic and operational work. The multiyear, multidonor trust fund also features an internal grant program in which Bank teams receive
technical and financial support to explore the role of human rights in their particular
project or task. The program was extended until 2019.
30

For more information, see The Nordic Trust Fund-A Knowledge and Learning Program
for World Bank Staff on Human Rights.

G4-DMA

The World Bank recognizes that child labor is one of the most devastating consequences of persistent poverty. All standard World Bank
bidding documents contain a clause prohibiting the use of child or forced labor in contracts financed under any World Bank projects. Staff in
Bank-supported operations are required to assess social issues such as child labor within the environmental and social aspects of the
projects to mitigate risk.

Concerns have been raised about the practice in Uzbekistan of using forced child and
adult labor for cotton harvesting.

G4-HR5

Operations and
suppliers identified as
having significant risk
for incidents of child
labor, and measures
taken to contribute to
the effective abolition of
child labor

Projects that could potentially relate to cotton production in Uzbekistan include


measures to prevent the occurrence of child or forced labor within the Bank-supported
projects, and further seek to contribute to achieving this beyond the project boundaries.
These include the following requirements: government compliance with national
legislation that prohibits the use of child or forced labor; implementation of a third-party
monitoring and feedback mechanism that focuses on child or forced labor issues in
connection with the project activities or within the project area; the full collaboration of
local authorities with the monitoring third party and the commitment to actions that
ensure compliance will be taken promptly; a clear land-use strategy that eliminates
incentives for using child or forced labor in the entire project area; and training,
awareness, and outreach activities about labor legislation and the regulations against
child or forced labor. Such measures are also reflected in binding project covenants in
the relevant financing agreements. Independent of this, the Bank retains the right to
exercise remedies in cases of borrower noncompliance with the financing agreement.

Full

Since 2013, the Government of Uzbekistan has implemented a range of measures to


fully eliminate child labor and reduce the risks of forced labor in the country. The World
Bank has pursued intensive policy dialogue with the Government to address these
issues in the context of broader agricultural sector reforms, and has developed a
Support Program for Labor Reform in the Uzbekistan Cotton Sector, to be funded
through a multi-donor trust fund. As part of this program, the Bank has partnered with

31

the International Labor Organization, which will lead the efforts on third-party monitoring
and setting up the feedback mechanism during the 2015 harvest.
For more information, see http://www.worldbank.org/en/news/speech/2014/06/10/q-awith-saroj-kumar-jha-regional-director-for-central-asia-on-the-world-banks-agriculturesector-policy-in-uzbekistan-in-the-context-of-child-and-forced-labor-concerns.

Central to the Banks mission of reducing poverty and promoting sustainable development is ensuring that the development process fully
respects the dignity, human rights, economies, and cultures of Indigenous Peoples. The Bank recognizes that the identities and cultures of
Indigenous Peoples are inextricably linked to the lands on which they live and the natural resources on which they depend. These distinct
circumstances expose Indigenous Peoples to different types of risks and levels of impacts from development projects, including loss of
identity, culture, and customary livelihoods. Gender and intergenerational issues among Indigenous Peoples also are complex. As social
groups with identities that are often distinct from dominant groups in their national societies, Indigenous Peoples are frequently among the
most marginalized and vulnerable segments of the population. As a result, their economic, social, and legal status often limits their capacity
to defend their interests in and rights to lands, territories, and other productive resources, or restricts their ability to participate in and benefit
from development. At the same time, the Bank recognizes that Indigenous Peoples play a vital role in sustainable development and that
their rights are increasingly being addressed under both domestic and international law.

G4-DMA

The World Bank policy on Indigenous Peoples, OP/BP 4.10, Indigenous Peoples, underscores the need for borrowers and Bank staff to
identify Indigenous Peoples, consult with them, and ensure that they participate in and benefit from Bank-funded operations in a culturally
appropriate way. It also emphasizes that adverse impacts on them are avoided or, where not feasible, minimized or mitigated. For all
projects that are proposed for Bank financing and involve Indigenous Peoples, the Bank requires the borrower to engage in a process of
free, prior, and informed consultation. The Bank provides project financing only where there is broad community support to the project by
the affected Indigenous Peoples.
In 2012, the World Bank began a process to update the Banks environmental and social safeguard policies, in an effort to better address
new development challenges and reflect current international good practice. Part of the ongoing review is a Global Dialogue and
Engagement process with Indigenous Peoples that aims to include Indigenous Peoples in the ongoing Review and Update of the World
Banks Environmental and Social Framework (ESF), and to strengthen World Bank support to and engagement with Indigenous Peoples.
The consultations on the proposed framework have included a number of dedicated Indigenous Peoples Dialogue sessions that have
yielded important results in terms of participation, information gathered, and the beginning of a renewed and stronger relationship with
Indigenous Peoples. For more information, see http://www.worldbank.org/indigenouspeoples.

32

For more information on the safeguards review process, see https://consultations.worldbank.org/consultation/review-and-update-worldbank-safeguard-policies.

G4-HR8

Total number of
incidents of violations
involving rights of
indigenous peoples and
actions taken

In fiscal 2015, two projects were processed under the pilot approach for early solutions.
Paraguay: Sustainable Agriculture and Rural Development Project was closed in March,
and Kenya: Electric Expansion Project was investigated and is under review.

Full

For more information, see case updates on Inspection Panel website


http://www.worldbank.org/inspectionpanel.

The World Bank has two ambitious goals: to eliminate extreme poverty and boost shared prosperity in a sustainable manner. Poverty, as
the Bank recognizes it, encompasses lack of opportunities (including capabilities), lack of voice and representation, and vulnerability to
shocks.
Grievance redress mechanisms (GRMs) are crucial for managing risk in the Banks portfolio. GRMs create opportunities to resolve disputes
before they escalate by offering a channel for citizens to express concerns, comments, and complaints. Beyond their benefits to citizens,
GRMs can help the Bank and clients improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability.

G4-DMA

The Bank promotes human rights principles through the projects it supports, for example, improving poor peoples access to health
services, education, food, and water. Moreover, the Bank promotes the participation of project-affected people, including Indigenous
Peoples, in decision making and participation; helps strengthen the accountability and transparency of governments to their citizens; and
supports justice reform and fighting corruption. Although development projects are intended to bring about positive change, their
implementation involves risks, and people or the environment can be adversely impacted. The Bank has policies to help avoid such
unintended outcomes, but some problems may remain unrecognized or unaddressed. In such circumstances, citizens must speak out to
bring attention to these problems. This can be done either through project-level Grievance Redress Mechanisms or the Banks corporatelevel Grievance Redress Service (GRS), which was established in January 2015 to field complaints that could not be addressed at the
country level. This mechanism complements the borrowers project-level grievance mechanisms (where they exist) and the Boards
Inspection Panel.
The Environmental and Social Standards-Advisory Team (ESSAT) leads the Bank's corporate work on grievance redress. GRS provides a
consistent and systematic approach to the handling of complaints and conflict resolution across all IBRD/IDA operations. The work involves
a number of the Bank's major initiatives, in particular, work on risk, results, and beneficiary feedback.
The Global Review of Grievance Redress Mechanisms found that half of all Bank projects featured a GRM in project-design documents.
However, new research shows implementation challenges.
33

A major focus for the Bank in the future will be to further integrate grievance redress in all projects, increase support for implementation,
and enhance collection and monitoring of grievances received and resolved across the projects portfolio.

G4-HR12

Number of grievances
about human rights
impacts filed,
addressed, and
resolved through formal
grievance mechanisms

Data for this indicator are not available. Systems are being established to capture the
data in a more comprehensive manner.

Partial

The very nature of the World Bank's mission is to positively impact communities through investments in education, health, public
administration, infrastructure, financial and private-sector development, agriculture, and environmental and natural resource management.

G4-DMA

Our stakeholders are consulted at different points throughout our projects and policy development. In recent years, the World Bank has
increasingly focused on lending to community-driven development (CDD) programs in order to let communities lead their own
development. This process lets communities identify their own development priorities, design the relevant response, manage project funds,
hire contractors, and, on completion of construction, manage and sustain the project. CDD approaches have been used to support a range
of local development and service delivery needs identified by communities themselves, including water supply and sanitation, school and
health facilities construction, rural roads, bridges and other access infrastructure, nutrition programs for mothers and infants, and support
for livelihoods and microenterprises.
Worldwide, CDD has attracted a growing body of robust impact and other evaluations demonstrating results, and the portfolio has become
much more closely monitored, using, among other technologies, geo-tagging and SMS-based grievance redress systems. Robust impact
evaluations generally find positive evidence of poverty reduction, targeting of the poor, and increased access to services; evidence is
limited or mixed on these programs effect on governance, social capital spillovers (such as local collective action or trust among
members), and conflict impact.
Increased training, knowledge exchange, and quality assurance (through the Global Solutions Group) improves program designs, and
increased evaluations and analytical work advances the approach.

G4-SO1

Percentage of
operations with
implemented local
community
engagement, impact

Community-driven development (CDD) programs operate on the principles of local


empowerment, participatory governance, demand responsiveness, administrative
autonomy, greater downward accountability, and enhanced local capacity. Experience
has shown that when given clear explanations of the process, access to information and
appropriate capacity, and financial support, poor men and women can effectively

Full

34

assessments, and
development programs

organize to identify community priorities and address local problems by working in


partnership with local governments and other supportive institutions.
The World Bank recognizes that CDD approaches and actions are important elements
of an effective strategy for poverty reduction and sustainable development. Over the
past decade, the Bank has increasingly focused on lending to CDD programs to reach
local communities directly. The Bank has used the CDD approach across a range of
countries and contexts (particularly fragile and conflict affected, and post-disaster) to
support a variety of urgent needs, including water supply and sanitation, school and
health facilities construction, rural roads, bridges and other access infrastructure,
nutrition programs for mothers and infants, and support for livelihoods and
microenterprises.
In fiscal year 2015, the total amount of financing going to communities and local
governments as grants or loans through this program was approximately $1.8 billion (a
decrease from $2.8 billion in fiscal year 2014, when several large-scale projects were
approved).

G4SO2

Operations with
significant actual and
potential negative
impacts on local
communities

The Bank undertakes screening of each proposed project to determine the appropriate
extent and type of environmental and social analysis, including the use of Environmental
Assessment, to be undertaken during project preparation and whether the project may
involve the use of application of other safeguard policies. The Bank classifies the
proposed project into one of four categories (A, B, C, and FI) depending on the type,
location, sensitivity, and scale of the project and the nature and magnitude of its
potential environmental impacts.
The borrowing-country government is responsible for any assessments required by the
safeguard policies; World Bank staff members provide general advice. The Legal
Department monitors compliance
EA Category
FY13
FY14
FY15
with policies that involve
Category A
32
47
43
international law, such as those
Category B
225
284
277
for international waterways and
Category C
135
179
135
disputed areas.
FI
12
8
9
In fiscal 2015, a total of 464
Total
404
518
464
projects were screened, 43 were

Full

35

classified as Category A, 277 as Category B, 135 as category C, and 9 as FI. For more
information on the Bank project cycle, see http://www.worldbank.org/projects..

Critical to the World Banks mission is a well-functioning public sector that delivers quality public services consistent with citizen
preferences and fosters private, market-led growth, while managing its fiscal resources in a prudent manner. Bank operations across
sectors systematically incorporate governance and anticorruption measures into project design. The objective is to better manage
corruption and fiduciary risks and ensure that development funds are used for their intended purposes. The World Banks Integrity Vice
Presidency (INT) plays an important role in this respect.

G4-DMA

INT investigates allegations of fraud and corruption in World Banksupported activities (external investigations), as well as allegations of
significant fraud and corruption involving Bank staff and vendors (internal investigations). INT also pursues sanctions against firms and
individuals who have engaged in sanctionable misconduct. The resulting debarments prevent these parties from participating in future
Bank-financed projects and serve as a deterrent to other potential wrongdoers.
Within INT, the Integrity Compliance Office works closely with sanctioned entities to promote the adoption and implementation of corporate
compliance standards consistent with the World Bank Groups Integrity Compliance Guidelines. Sanctioned entities must satisfy certain
compliance conditions in order to be released from sanction. At the end of this fiscal year, the Integrity Compliance Office was engaging
with 40 entities regarding their efforts toward satisfaction of their compliance conditions. By combining investigations with an enhanced
focus on compliance, detection of red flags, and building preventive measures in projects, INT promotes a proactive approach to managing
fraud and corruption risks. It is vital to manage these risks in an efficient and effective manner as they can impact development resources,
particularly in fragile contexts and high-risk sectors.

G4-SO3

Total number and


percentage of
operations assessed for
risks related to
corruption and the
significant risks
identified

In fiscal 2015, INT received 323 complaints about possible fraud and corruption in World
Bankfinanced projects, leading to 99 new investigations. Among those reporting
allegations of possible misconduct were 25 government officials in countries of
operations and 89 Bank Group staff. The investigations that substantiated sanctionable
misconduct in fiscal 2015 involved 61 projects and 93 contracts worth about $540.9
million.

Full

Approximately 58 percent of the cases involved contracts in excess of $2 million.


Approximately $138 million spread across 20 contracts was not awarded to companies
because the wrongdoing was detected prior to contract awardin most cases as a
result of the Project Implementation Unit (PIU) or World Bank due diligence. Of the 25
36

cases involving Bank Group staff initiated in fiscal 2014, 11 were completed/resolved in
fiscal 2015 (10 were completed/resolved in fiscal 2014, and the remaining four carried
over to fiscal 2016.
Within INT, the Preventive Services Unit (PSU) worked with more than 200 Task Teams
across the World Bank Groups six regions. PSU assisted 94 Task Teams in building
precautions against fraud and corruption in their projects. Considerable efforts were
devoted to the development of knowledge products, in particular, improved data
analytics, resulting in the first Integrity Risk Scan. Thanks to PSUs business
intelligence, integrity risks were identified before they materialized and allowed for
instituting targeted controls.

G4-SO4

Communication and
training on
anticorruption policies
and procedures

Ninety-five government officials who are members of the International Corruption


Hunters Network (ICHA) participated in four webinars. Training was provided to Bank
staff as well as project-implementation officials, including on lessons learned from
investigative work and early detection of red flags in projects. In fiscal 2015, more than
1,100 staff and PIU officials attended training programs covering integrity issues. These
trainings were conducted both in Washington, DC, and in the field.

Full

The World Bank has two ambitious goals: to eliminate extreme poverty and boost shared prosperity in a sustainable manner. Poverty, as
the Bank recognizes it, encompasses lack of opportunities (including capabilities), lack of voice and representation, and vulnerability to
shocks.

G4-DMA

Grievance redress mechanisms (GRMs) are crucial for managing risk in the Banks portfolio. GRMs create opportunities to resolve disputes
before they escalate by offering a channel for citizens to express concerns, comments, and complaints. Beyond their benefits to citizens,
GRMs can help the Bank and clients improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability.
The Bank promotes human rights principles through the projects it supports, for example, improving poor peoples access to health
services, education, food, and water. Moreover, the Bank promotes the participation of project-affected people, including Indigenous
Peoples, in decision making and participation; helps strengthen the accountability and transparency of governments to their citizens; and
supports justice reform and fighting corruption. Although development projects are intended to bring about positive change, their
implementation involves risks, and people or the environment can be adversely impacted. The Bank has policies to help avoid such
unintended outcomes, but some problems may remain unrecognized or unaddressed. In such circumstances, citizens must speak out to
bring attention to these problems. This can be done either through project-level Grievance Redress Mechanisms or the Banks corporate37

level Grievance Redress Service (GRS), which was established in January 2015 to field complaints that could not be addressed at the
country level. This mechanism complements the borrowers project level grievance mechanisms (where they exist), and the Boards
Inspection Panel.
The Environmental and Social Standards-Advisory Team (ESSAT) leads the Banks corporate work on grievance redress. GRS provides a
consistent and systematic approach to the handling of complaints and conflict resolution across all IBRD/IDA operations. The work involves
a number of the Banks major initiatives, in particular, work on risk, results, and beneficiary feedback.
The Global Review of Grievance Redress Mechanisms found that half of all Bank projects featured a GRM in project-design documents.
However, new research shows implementation challenges.
A major focus for the Bank in the future will be to further integrate grievance redress in all projects, increase support for implementation,
and enhance collection and monitoring of grievances received and resolved across the projects portfolios.

G4-SO11

Number of grievances
about impacts on
society filed, addressed,
and resolved through
formal grievance
mechanisms

Data for this indicator is not available. Systems are being established to capture the
data in a more comprehensive manner.

Partial

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the
ordinary sense, but a unique partnership to reduce poverty and support development. We 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. Bank stakeholders look to the institution, as a lending facility, to have policies and procedures in place
that assess and screen environmental and social risks in its lending portfolio.
G4-DMA

In 2013, the World Bank adopted a new World Bank Group Strategy focused on aligning all of the institutions work with the twin goals of
eliminating extreme poverty and boosting shared prosperity in a sustainable manner. The two goals are now at the heart of the World Bank
Groups work. A newly developed World Bank Group Corporate Scorecard is monitoring implementation and aggregating the contributions
of all the World Bank Group institutions.
On a day-to-day basis, in close partnership with country government counterparts and their stakeholders, Bank staff members shape the
role, financial products, and technical and advisory services to the unique development needs and capacities of each country client. Thus,
interactions with clients, investees, and business partners regarding environmental and social risks and opportunities form the foundation of
38

the Banks advisory and loan services. The Banks environmental and social safeguard policies are the cornerstones of the financial,
technical, and advisory services; they are applied to prevent and mitigate impacts and risks to people and their environment in the
development process. There are 10 safeguard policies: Environmental Assessment, natural habitats, forests, pest management, physical
cultural resources, dam safety, Indigenous Peoples, involuntary resettlement, international waterways, and disputed areas. Without these
safeguards, the positive effects of the development work can be severely diminished. These policies provide mandatory guidelines for Bank
and borrower staffs in the identification, preparation, and implementation of investment programs and projects. The World Bank is currently
in the process of reviewing, updating, and strengthening its environmental and social safeguards for the projects it finances. This review is
currently in its third phase. For more information, see http://consultations.worldbank.org/consultation/review-and-update-world-banksafeguard-policies.

The World Banks environmental and social safeguard policies are a cornerstone of the
institutions support to sustainable development and poverty reduction. There are 10
safeguard policies: Environmental Assessment, natural habitats, forests, pest
management, physical cultural resources, dam safety, Indigenous Peoples, involuntary
resettlement, international waterways, and disputed areas.

FS1

Policies with specific


environmental and
social components
applied to business
lines

These policies aim to prevent and mitigate impacts and risks to people and their
environment in the development process. These policies provide mandatory guidelines
for Bank and borrower staffs in the identification, preparation, and implementation of
investment programs and projects.

Full

The effectiveness and development impact of projects and programs supported by the
Bank has substantially increased as a result of attention to these policies. Safeguard
policies have often provided a platform for the participation of stakeholders in project
design, and have been an important instruments for building ownership among local
populations. All safeguard policies are approved by the Board of Directors.
For more information on key risks, opportunities, and impacts that the individual policies
address, see Bank Safeguard Policies at http://worldbank.org/safeguard.

FS2

Procedures for
assessing and
screening
environmental and

The Bank undertakes screening of each proposed project to determine the appropriate
extent and type of environmental and social analysis, including the use of Environmental
Assessment, to be undertaken during project preparation and whether the project may
involve the use or application of other safeguard policies. The Bank classifies the
proposed project into one of four categories (A, B, C, and FI) depending on the type,

Full

39

social risks in business


lines

location, sensitivity, and scale of the project and the nature and magnitude of its
potential environmental impacts. The borrower is responsible for any assessment
required by the safeguard policies, with general advice provided by Bank staff.
In general, a World Bank environmental and social specialist is assigned to each project
with the potential to have environmental and social impact or risk in its design and
planning stage. A sector manager who is responsible for a collection of projects, most
often in sector and regional associations, oversees this process.
As the project moves through design, the Bank works with the clients to understand the
technical features of each project and, in partnership with borrowers, works to develop
approaches for addressing these impacts as risks as required in the suite of World Bank
safeguards policies. For category A and B projects, there is also involvement by the
Regional Safeguard Advisor and his or her team or unit. Higher-risk projects must
submit a series of safeguard documents to identify and explain how the borrower will
undertake safeguard requirements. Several quality-control and review committees, such
as the Regional Operational Committee (ROC), meet to agree on processes. Finally, the
Board of Directors must approve all projects. Those approvals also require submission
or summaries of any environmental assessment and social safeguards documents.
Information is shared with all decision makers and stakeholders.
These thresholds are based on environmental and social impact and risk defined in the
safeguards policies and the Environmental Health and Safety Guidelines.
For more information on procedures for assessing and screening environmental and
social risks, see Bank Safeguard Policies at http://worldbank.org/safeguard.

FS3

Processes for
monitoring clients'
implementation of and
compliance with
environmental and
social requirements
included in agreements
or transactions

The Bank uses its Implementation Status and Supervision Reports to track safeguards
implementation.
Monitoring of clients compliance with implementing the environmental and social
requirements included in the loan agreement of a specific project is part of regular
project supervision. Supervision missions of projects are carried out at a minimum twice
a year, or more frequently as determined on a project-specific basis, and include staff
with appropriate environmental and social expertise. For more complex projects, staff
members from the regional safeguards units are included. The Banks Operations Risk
Management Department (OPSOR), housed within the Operations Policy and Country

Full

40

Services (OPCS) Vice Presidency, supports the regions and assures that the Banks
safeguards are applied in a uniform manner across regions. Environmental and social
management frameworks include provisions for grievance mechanisms by which
stakeholders can bring concerns forward and settle arising disputes. In addition,
stakeholders can bring concerns to the independent Inspection Panel, a permanent
body reporting to the Board of Executive Directors, to ensure accountability of the World
Bank and investigate complaints about harm stemming from policy violations.
Most often, Bank environmental and social specialists work with the project Task Team
and borrowers to identify noncompliance issues and provide suggestions and
procedures for bringing projects into compliance. Remedies are also available as
needed.
During project supervision, both environmental and social specialists undertake project
site visits and consult with numerous stakeholders. When safeguard issues of concern
are encountered, the Bank engages in discussions with the borrower to arrive at
mutually agreed courses of action that are both time bound and identify responsible
parties. These actions are documented in the Aide Memoire and regularly in technical
back-to-office reports.

FS4

Processes for
improving staff
competency to
implement the
environmental and
social policies and
procedures as applied
to business lines

The World Bank is carrying out a range of regular programs as well as tailored trainings
for staff and borrowers on the application of its safeguards policies, best practices, case
studies, and lessons learned. The safeguards team offers weekly workshops on
applying safeguard policies and each regional vice presidency offers trainings on
safeguard policies. In addition, an accreditation course has been established for
environment specialists advising teams on environmental safeguards during project
preparation and supervision. The purpose of accreditation is to ensure that the Banks
environmental safeguards policies are consistently applied during project preparation
and supervision and to confirm broader environmental expertise by the accredited staff.
A similar accreditation course has been established for social safeguards staff.

Full

In addition, Safeguards Training Modules introduce the basic concepts of safeguards


and also contain specific case studies and operational examples to provide richer
understanding of how safeguards are applied. A unique safeguards E-learning module
is provided for all Task Team Leaders.
41

Each regional safeguards unit also conducts a series of demand-driven safeguards


training across various themes and for different staff audiences. These include just in
time clinics, brown bag seminars, and face-to-face safeguards clinics on topics, such as
use of frameworks, voluntary land donation, developing environmental contract clauses
for EMPs, and resettlement workshops. These training sessions are provided both in a
central regional location for multiple attendees and in specific countries for country staff.
Newer delivery tools have also included webinars. Special manager's safeguards
trainings have also been completed. Several regions also conduct safeguards trainings
and sharing of experiences across other international financial institutions partners.
All staff who take the Bank Core Curriculum Course are required to take the Safeguards
Training Modules.
Additional mentoring and partnerships across Bank safeguards staff is available as
needed.

FS5

The World Bank is a development institution, providing low- or no-interest loans (credits)
and grants to low-income countries, middle-income countries, and small and fragile
states. Working closely with country government counterparts and their stakeholders,
Bank staff members shape its role, financial products, and technical and advisory
services to the unique development needs and capacities of each country client. Thus,
interactions with clients, investees, and business partners regarding environmental and
social risks and opportunities form the foundation of the Banks advisory and loan
Interactions with clients, services.
investees, or business
All regional safeguards units conduct various client safeguard capacity-building
partners regarding
processes. Many projects use the project kickoff meeting to review the agreements and
environmental and
provisions for safeguards with formal and informal trainings. In many countries, the
social risks and
government Project Implementation Unit attends special safeguards training organized
opportunities
by the Bank safeguards staff.

Full

Both the safeguards anchor and the regional safeguards advisors track the status of
safeguards applications across their respective portfolios. When particular safeguards
issues of concern appear common, there can be a special safeguards review, an
assessment of desk review. In certain cases, one or several environmental and social
safeguards specialists undertake a country visit and conduct site visits with safeguards
training to help improve safeguards implementation or to correct past shortcomings.
42

When needed, there are formal face-to-face workshops, project implementation


safeguards training in the field with project stakeholders, consultations by lead
safeguards specialists, and rapid-response project visits to deal with high-risk issues of
concern.
Borrower safeguards implementation reports are Bank-required supervision reports
summarizing borrower progress on an annual, biannual, or quarterly basis depending on
project safeguards risk. Submission of Environmental Social Impact Assessment and
ESMP reports during project implementation is required for Bank review and clearance.
There are regular supervision mission meetings designated for the year, as well as endof-supervision mission meetings between Bank and borrowers, and discussions of Bank
safeguards specialists and project-implementation safeguards managers or projectcontract safeguards supervisors and technicians.

World Bank lending commitments for development support totaled $42.5 billion in fiscal
2015.

FS6

Percentage of the
portfolio for business
lines by specific region,
size, and by sector

New lending commitments by IBRD totaled $23.5 billion for 112 operations in fiscal
2015. This volume was higher than the precrisis historical average ($13.5 billion a year
in fiscal 200508) and $18.6 billion in fiscal 2014. As of June 30, 2015, net
commitments in IBRDs active portfolio stood at $96.8 billion. IBRD also offers financial
products that allow clients to efficiently fund their development programs and manage
risks related to currency, interest rates, commodity prices, and natural disasters. In fiscal
2015, the Banks Treasury executed U.S. dollar equivalent (USDeq) 3.3 billion in
hedging transactions on behalf of member countrieincluding USDeq 2.0 billion in
interest-rate conversions and USDeq 1.2 billion in currency conversionsto assist
borrowers in managing interest-rate and currency risks over the life of their IBRD loans.
In addition, the Banks Treasury executed swap transactions totaling USDeq 24 billion to
manage the risks of IBRDs balance sheet and USDeq 727 million to manage the risks
of IDAs balance sheet.

Full

IDA commitments amounted to $19.0 billion for 190 operations in fiscal 2015, including
$15.9 billion in credits, $2.4 billion in grants, and $600 million in guarantees. As of June
30, 2015, net commitments in IDAs active portfolio were $91.4 billion. IDA is financed
largely by contributions from partner governments. Additional financing comes from
43

transfers from IBRDs net income, grants from the International Finance Corporation
(IFC), and borrowers repayments of earlier IDA credits. Under the IDA17
Replenishment, which covers fiscal 201517, total resources amount to 33.7 billion in
Special Drawing Rights (equivalent to $50.8 billion).
For more information, see The World Bank Annual Report,
http://www.worldbank.org/en/about/annual-report.

FS7

Monetary value of
products and services
designed to deliver a
specific social benefit
for each business line

World Bank lending can have both social and environmental benefit and is not divided
into these categories. Lending by theme and sector is available in the Annual Report
section "World Bank Lending by Theme and Sector." See
http://www.worldbank.org/en/about/annual-report.

FS8

Monetary value of
products and services
designed to deliver a
specific environmental
benefit for each
business line

World Bank lending can have both social and environmental benefit and is not divided
into these categories. Lending by theme and sector is available in the Annual Report
section "World Bank Lending by Theme and Sector." See
http://www.worldbank.org/en/about/annual-report.

Full

Full

Two entities hold responsibilities for assessing and monitoring the Bank Groups effectiveness:

G4-DMA

The Internal Audit Vice Presidency (IAD) has an independent and objective assurance advisory function designed to add value by
assessing whether governance, risk management, and control processes of the Bank Group are effective in achieving the organizations
goals. IAD also provides advice to management in developing control solutions, and monitors the implementation of management actions
to mitigate risks and strengthen controls.
The Independent Evaluation Group (IEG) is responsible for appraising the WBG operations self-evaluation and development riskmanagement systems, and attesting to their adequacy to the Board of Executive Directors. To this end, IEG periodically reviews the
relevance, effectiveness, and efficacy of key operational policies, such as the environmental and social safeguards framework for WBG
lending. For more information, see IEGs website: http://ieg.worldbank.org.

44

Audits assess implementation of environmental and social policies and risk-assessment


procedures periodically.

FS9

Coverage and frequency


of audits to assess
implementation of
environmental and
social policies and risk
assessment procedures

IAD carried out an Advisory Review of the Banks Environment and Social Risk
Management in fiscal 2014, and continues to monitor the implementation of
management action plans that were developed subsequently. In fiscal 2015, IAD
focused on key areas in the World Bank Group strategy and the institutional change
agenda. This included auditing the Banks monitoring the delivery of analytical and
advisory services; auditing the implementation of the new Human Resources (HR)
information system; advising management on the staffing approach for country
management units, in the context of the broader expenditure review; and advising on
the Bank Groups adoption of cloud computing.

Full

IEG carried out a review of the World Bank safeguards policy framework in October
2010. To read the report, see IEGs website: http://ieg.worldbank.org.

The World Bank values the diversity, health, safety, and security of its 12,000 full-time staff and 4,000 short-term consultants, who work in
Washington, DC, and in 136 countries worldwide. The institutions diverse workforce brings a wide range of perspectives to bear on
poverty-reduction issues and emerging development challenges. It is critical to the effectiveness of the Banks core operational and
knowledge services. Our staff diversity is a strategic business asset that directly contributes to achievement of our two goals: reducing
extreme poverty and boosting shared prosperity.
G4-DMA

To that end, it is important that the Bank employs the right people in the right place with the right skills at the right time. To deliver on that
commitment, HR Strategy has five critical components: (1) building a culture of performance and accountability, (2) driving a more effective
organization, (3) fostering a more diverse and inclusive workforce, (4) creating career opportunities, and (5) ensuring HR excellence and
business-driven delivery.
As the Bank retools to increase its delivery and responsiveness to its clients, Human Resources has played a pivotal role in the transition of
staff from the earlier structure to the new Global Practices. Looking forward, the Bank will continue to make aligning staffing and skills to
the World Bank Group Strategy a priority.

45

G4-EC5

Ratios of standard entry


level wage by gender
compared to local
minimum wage at
significant locations of
operation

To recruit and retain highly qualified staff, the World Bank has developed a
compensation and benefits system designed to be internationally competitive, to reward
performance, and to take into account the special needs of a multinational and largely
expatriate staff. The Executive Directors annually review the staff salary structure and, if
warranted, the salary structure is adjusted on the basis of a comparison with salaries
paid by private financial and industrial firms and by representative public sector
agencies in the US market. The salary structure is reported according to job position for
Washington, DC, staff, which comprises more than 60 percent of total staff. Salary
structure is not disclosed according to gender. Remuneration of executive management,
Executive Directors, and staff are disclosed in The World Bank Annual Report.

Partial

For more information, see http://www.worldbank.org/en/about/annual-report.

G4-EC6

Proportion of senior
management hired from
the local community at
significant locations of
operation

In fiscal 2015, three out of 173 managers at director level and above (professional grade
GI+) were locally hired to work within countries where World Bank offices are located.
Out of all 502 managers (professional grade GH+) on board, nationals of countries
defined as Part II (roughly equivalent to developing countries) account for 42 percent of
management positions. Sub-Saharan African and Caribbean nationals, a criterion used
as proxy for race, represented 12 percent of management positions.

Full

For information about the Banks career tracks, see www.worldbank.org/jobs.

G4-DMA

Energy is a key input to the World Banks business operations. Through investor questionnaires, stakeholders have identified energy as an
important aspect for the Banks business. The purchase and use of energy can have various impacts because of the extraction of materials
from the earths crust and the production of persistent toxic emissions from the combustion of fuels. Combustion of fossil fuels can have
severe health impacts on people. Moreover, the purchase and use of energy affects the expense-to-business revenue ratio. The World
Bank manages its energy use carefully by tracking use in each owned facility on a monthly basis. Quarterly tracking of the Banks energy
use is evaluated by the Director of General Services. This metric is part of the Corporate Real Estate managers performance objectives.
Energy use is evaluated both as an absolute figure as well as on an intensity basis to determine progress.
Data from Country Offices lag by one year; therefore, all fiscal 2014 data (including that from HQ) is presented in the 2015 GRI Index.

46

The World Bank purchases natural gas, propane, and diesel fuel for combustion onsite.
In fiscal 2014, total global fuel use was 92,793 gigajoules (GJ). The portion of this fuel
consumption from renewable resources is not tracked, because data from fuel providers
are not appropriately detailed.

G4-EN3

Energy consumption
within the organization

In fiscal 2014, global energy use decreased by 5 percent. Of the total global energy use
of 519,589 GJ, the Bank used 420,951 GJ in electricity; 5,817 GJ in steam; 28 GJ in
cooling; and 18,704 GJ in heating, including natural gas and propane. The remainder
was from diesel and other fuel consumption for energy generation. The World Bank
does not sell any electricity, heating, cooling, or steam.
Of the total 519,589 GJ of global energy use in fiscal 2014, offices located in and near
Washington, DC, used 337,744 GJ, compared with 344,988 GJ in fiscal 2013; 404,480
GJ in 2012; and 400,834 GJ in fiscal 2011. In fiscal 2014, the Banks 127 Country
Offices consumed a total of 181,845 GJ of energy, a decrease from 203,184 GJ in 2013.
Country Offices consumed 179,124 GJ in fiscal 2012 and 150,203 GJ of energy in fiscal
2011.

Full

Information regarding World Bank standards, methodologies, and assumptions used,


including conversion factors, can be found in the World Bank Groups Inventory
Management Plan for fiscal 2014. For more information, see
http://www.worldbank.org/corporateresponsibility.

G4-EN4

Energy consumption
outside of the
organization

Energy consumption outside the organization includes fuel used in contractor-owned


vehicles as well as commercial airlines used for employee business travel. In fiscal
2014, 21,900 GJ stemmed from contractor vehicles, compared to 14,636 GJ in fiscal
2013 and 16,295 GJ in fiscal 2012, mostly because of improved data collection
techniques. Data for fuel use in commercial airliners are not available.

Full

Information regarding World Bank standards, methodologies, and assumptions used,


including conversion factors, can be found in the World Bank Groups Inventory
Management Plan for fiscal 2014. For more information, see:
http://www.worldbank.org/corporateresponsibility.

47

G4-EN5

Energy intensity

Energy intensity decreased in fiscal 2014, with the World Bank using 0.88 GJ of energy
per square meter. In fiscal 2013, the World Bank used 0.95 GJ of energy per square
meter, which was an increase over 0.93 GJ per square meter in fiscal 2012. This is
based on 548,795 total square meters in fiscal 2014. This ratio includes all energy
(onsite combustion fuel, electricity, heating, cooling, and steam) except for energy
consumption outside of the organization.

Full

In fiscal 2014, the Bank reduced its energy consumption by 28,583 GJ.

G4-EN6

Reduction of energy
consumption

In the Banks main headquarters building, savings from the replacement of the legacy
central chiller plant began to be realized, resulting in a reduction of energy consumption
of 5,845 GJ in the building based on utility data. Further savings potential will be
realized as the optimization program continues. In other Bank headquarters buildings,
LED lamps replaced various fluorescent and halogen bulbs throughout the buildings,
resulting in savings of nearly 500 GJ.
In the Banks Lebanon office, several efficiency upgrades, including LED lighting, solar
air conditioning, and other technologies, have resulted in savings of 100 GJ per year
based on modeled reduction calculations.

Full

Reduction reporting is based on major initiatives taken in fiscal 2014 as related to


achieving reductions from the fiscal 2010 base year.
Methodologies and assumptions for calculating reductions are specific to each initiative
and are sourced from engineering proposals.

Addressing climate change is part of the World Banks core mission of helping countries end extreme poverty and boosting shared
prosperity. Climate change threatens to erode development gains around the worldand its effects will be greatest on the poorest and
most vulnerable countries, which are the World Banks clients.
G4-DMA

As a demonstration of its corporate commitment to addressing climate change, the Bank continues to deepen its efforts to measure,
reduce, offset, and report its greenhouse gas (GHG) emissions associated with its global internal operations, including its facilities, key
meetings, and corporate air travel. The Bank has measured the GHG emissions from its facilities in Washington, DC, since 2005 and
globally since 2007. Emissions data are collected and emissions are calculated in accordance with the World Resources Institute and
World Business Council for Sustainable Developments GHG Protocol, with additional information on proxies, emissions factors, and the
48

complete boundary available in the annually updated World Bank Groups Inventory Management Plan. A third party regularly verifies the
Inventory Management Plan and the GHG inventory to ensure they meet international best practices.
Data from country offices lag by one year; therefore, fiscal 2014 data (including that from HQ) is presented in the 2015 GRI Index.

The World Bank measures direct GHG emissions for its internal operations based on
site-specific data for facilities. Estimates are made for those facilities with missing data.
In fiscal 2014, total gross direct (Scope 1) GHG emissions equaled 9,333 mtCO2e.

G4-EN15

Direct greenhouse gas


(GHG) emissions
(Scope 1)

For the World Banks US facilities, Scope 1 GHG emissions were 1,181 metric tons in
fiscal 2014, compared to base-year (fiscal 2010) emissions of 1,615 mtCO2e. Scope 1
GHG emissions from Country Office facilities and vehicles were estimated to be 8,152
mtCO2e in fiscal 2014, compared to base-year emissions of 4,228 mtCO2e in fiscal
2010. The increase in Country Office emissions was due to improved measurement
practices.

Full

Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no
known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no
biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates,
and consolidation approach can be found in the World Bank Groups Inventory
Management Plan for fiscal 2014.
For more information, see: http://www.worldbank.org/corporateresponsibility
The World Bank measures indirect GHG emissions for its internal operations based on
site-specific data for facilities. Estimates are made for those facilities with missing data.

G4-EN16

Energy indirect
greenhouse gas (GHG)
emissions (Scope 2)

In fiscal 2014, Scope 2 emissions from the Banks global offices reduced slightly, to
54,648 mtCO2e.
In fiscal 2014, Scope 2 emissions from Washington, DC, facilities totaled 40,670
mtCO2e, compared to base-year emissions of 46,756 mtCO2e in fiscal 2010. Scope 2
emissions from Country Offices include emissions from purchased steam and chilled
water in addition to purchased electricity. In fiscal 2014, these emissions totaled 13,979
mtCO2e, compared to base-year emissions of 13,790 in fiscal 2010.
Data from Country Offices lag by one year.

Full

49

Information on base-year selection can be found in the Inventory Management Plan.


Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no
known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no
biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates,
and consolidation approach can be found in the World Bank Groups Inventory
Management Plan for fiscal 2014.
For more information, see: http://www.worldbank.org/corporateresponsibility

G4-EN17

Other indirect
greenhouse gas (GHG)
emissions (Scope 3)

The World Bank measures indirect GHG emissions from air travel taken by Bank
employees, as well as delegate air travel and other indirect emissions associated with
major meetings that the Bank organizes. In fiscal 2012, the Bank began measuring
GHG emissions from contractor-owned vehicles. In fiscal 2014, these emissions totaled
around 101,667 mtCO2e, compared to base-year emissions of 115,545 mtCO2e in fiscal
2010.
Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no
known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no
biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates,
and consolidation approach can be found in the World Bank Groups Inventory
Management Plan for fiscal 2014.

Full

For more information, see: http://www.worldbank.org/corporateresponsibility


The World Bank measures GHG emissions intensity in two distinct categories. Scope 1
and Scope 2 emissions are normalized per square meter, while Scope 3 emissions,
mostly pertaining to employee air travel, are normalized per full-time (employee)
equivalent (FTE).
G4-EN18

Greenhouse gas (GHG)


emissions intensity

In fiscal 2014, global Scopes 1 and 2 emissions per square meter decreased slightly
from the previous year, to 0.108. Fiscal 2014 Scopes 1 and 2 emissions intensity rate
was still greater than the 2010 base-year emissions of 0.107 mtCO2e/sqm.

Full

Scope 3 emissions per FTE also decreased, from 9.5 in fiscal 2013 to 8.24
emissions/FTE in fiscal 2014. Emissions/FTE are on a downward trend when compared
with the emissions intensity of 9.9 mtCO2e/FTE in fiscal 2010, the base year.
50

Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no
known emissions of SF6 or NF3, as detailed in the Inventory Management Plan.
Information on methodology, emissions factors, GWP rates, and consolidation approach
can be found in the World Bank Groups Inventory Management Plan for fiscal 2014.
For more information, see: http://www.worldbank.org/corporateresponsibility

Estimated reduction in CO2, CH4, and N2O emissions from Scope 2 activities totaled 500
metric tons including the projects listed below. Reduction reporting is based on major
initiatives taken in fiscal 2015 as related to achieving reductions from the fiscal 2010
base year. Fiscal 2010 was chosen as the base year because it was the first year that
confidence for data related to emissions from Country Offices was high.

G4-EN19

Reduction of
greenhouse gas (GHG)
emissions

In fiscal 2015, savings continued to be realized from the optimization of the central
chiller plant. The system was modified to provide the most efficient cooling to the facility,
while taking advantage of the demand-flow response system. These operational
changes resulted in additional savings of 133 metric tons of CO2e, based on utility bills.

Full

In the Banks Chennai, India, office, variable frequency drives were installed in the
majority of the HVAC system, and LED fixtures were installed throughout the building,
resulting in modeled savings of 282 metric tons of CO2e.
Methodologies and assumptions for calculating reductions are based on initiative
proposals for each reduction project.
G4-EN20

G4-DMA

Emissions of ozonedepleting substances


(ODS)

The World Bank does not produce, import, or export any ozone-depleting substances.

Full

The World Bank views reducing effluent and waste production as a material aspect because of the potential negative environmental
impacts, which include the release of persistent toxic chemicals through waste disposed of in landfills or by being incinerated. Bank
stakeholders also consider reducing the Banks effluent and waste production important.
The Bank has worked to reduce the amount of waste sent to landfills through a combination of source reduction, reuse, and recycling.
Minimizing the amount of material brought into Bank facilities is the first way it manages the amount of waste created. Avoiding
51

unnecessary packaging for purchased items, including encouraging minimum purchase thresholds for office supplies, is one way the Bank
accomplishes this. Another way is by mandating that large purchases from vendors, such as the Banks latest computer monitor purchase,
be delivered in bulk instead of individually packaged. In fiscal 2015, the Bank continued to pursue efficiencies in the standardization of
waste management in its headquarters facilities. The concentration in 2015 was on the waste being created in the cafeterias. Through work
with the food services vendor, the Bank was able to standardize waste bins with labels, mount posters in the kitchens, and provide training
to cafeteria staff. The Bank set a goal of 80 percent diversion of waste from landfills from the back-of-the-house cafeteria operations. In the
most recent audit, conducted in summer 2015, the average diversion rate was 78 percent for all cafeterias, showing much progress from a
baseline of 54 percent in fiscal 2014 and the potential to divert as much as 89 percent in fiscal 2016.
There are no related adjustments to the management approach.

G4-EN23

Total weight of waste by


type and disposal
method

The Bank has worked to reduce the amount of waste sent to landfills through a
combination of source reduction, reuse, and recycling. See the discussion about
sustainable facilities for details. No hazardous waste is generated by the World Bank.
Total nonhazardous waste produced by the Banks Washington, DC, offices in fiscal
2015 was 1,959 metric tons, a slight increase from 1,913 metric tons in fiscal 2013. In
fiscal 2015, 858 tons of waste were sent to a landfill, whereas 930 tons of waste were
recycled, which includes paper, bottles and cans, cardboard, toner cartridges, carpet
tiles, and electronics. In addition, 171 tons of food waste were composted in fiscal 2014.

Full

The information is provided by the waste-disposal contractor and the electronic- waste
recycler, subcontracted through the Banks PC provider. Weights from roll-off
compactors used for landfilled waste and recycling are exact weights to the closest one
tenth of a ton. Proxies for estimating composting weight from trash cans are not
available, but will be included in future reports.

G4-DMA

Reducing the Banks own corporate environmental impacts is in line with the Banks mission of reducing poverty, as environmental
degradation affects the worlds poor disproportionately. For internal operations, this means engaging in responsible business practices that
reduce negative environmental and social impacts while enhancing the wellbeing of staff, as well as the ecosystems, communities, and
economies in which staff operate. The World Bank employs a small team of environmental specialists who work to mainstream
sustainability throughout the organization.

52

In fiscal 2015, the World Bank lending for environmental and natural resourcemanagement-themed projects amounted to approximately $3.16 billion, which
represents about 7 percent of total lending. In addition, the Bank is currently working
with member countries to take action on climate changehelping cities to adopt greengrowth strategies and develop resilience to climate change, developing climate-smart
agricultural practices, finding innovative ways to improve both energy efficiency and the
performance of renewable energies, and assisting governments to reduce fossil fuel
subsidies and put in place policies that will eventually lead to a stable price on carbon.
Details can be found in The World Bank Annual Report 2015 and on the Climate
Change website: http://worldbank.org/climatechange.

G4-EN31

Total environmental
protection expenditures
and investments by type

The World Banks internal operations are managed by the General Services Department
(GSD), which provides a wide range of integrated services to make the Banks internal
operations efficient, comfortable, and environmentally sound. The business managers of
the Real Estate, Travel, Food Services, Printing and Multimedia, and other units are
responsible for incorporating environmental concerns into the management of their
offices. Efforts to manage the environmental impact from their areas are part of the
Banks operating costs and not quantified separately.

Partial

The Corporate Responsibility Program supports Bank-wide efforts to integrate


environmental and social concerns into the management of day-to-day activities, and
communicates with staff, clients, and partners regarding these concerns. The Program
has an annual budget of $560,000.
In addition, the Bank offsets its emissions in two different ways. It purchases Renewable
Energy Certificates (RECs) in equal amounts (MWh) to the electricity it consumes
globally. In addition, the Bank offsets other emissions (Scope 1 and Scope 3) through
the purchase of Verified Emissions Reductions (VERs). In fiscal 2015, the Bank
maintained carbon neutrality by the purchase of credits totaling nearly $200,000 from a
portfolio of projects, including a Gold Standard efficient cook stove project and smallscale hydropower project, both in Uganda, and energy-efficiency and wind power
projects in India. An additional $325,000 was spent on emissions reduction efforts in
country offices. Efforts in fiscal 2015 included upgrading lighting to LEDs in many
buildings, installing solar panels on the Islamabad office, and using more variable
frequency drives in the Chennai office to help efficiently manage HVAC demands.
53

G4-DMA

The World Bank works to reduce the environmental footprint of its facilities by procuring goods and services that have reduced
environmental impacts. The World Bank Corporate Procurement unit is responsible for coordinating and overseeing the sourcing strategy,
selection, and contract- execution for 136 Bank offices around the globe, including adherence to the Banks policies on socially and
environmentally responsible corporate procurement policies. Major corporate purchases (including paper, computers, furniture, and other
key materials) are made with environmental life-cycle assessments in mind, and many incorporate mandatory environmental specifications.

G4-EN32

Percentage of new
suppliers that were
screened using
environmental criteria

G4-DMA

The Bank is committed to attracting and retaining the best talent, developing their capabilities, ensuring their wellbeing, and affording them
opportunities to make a difference. Bank staff members come from over 170 countries and include economists, educators, environmental
scientists, financial analysts, foresters, agronomists, engineers, information technology specialists, and social scientists, and the like. The
Banks Human Resources unit supports the Bank in employing the right people in the right place with the right skills at the right time. As the
Bank retools to increase its delivery and responsiveness to its clients, Human Resources has played a pivotal role in the transition of staff
from the earlier structure to the new Global Practices. Looking forward, work will continue to improve the employment experience
including the review of employment-status equitythroughout fiscal 2016 and beyond.

G4-LA1

Total number and


shares of new employee
hires and employee
turnover by age group,
gender, and region

Although environmental criteria are used in both the mandatory and evaluation
specifications of many large institutional purchases, the percentage of new suppliers
screened using environmental criteria is not available. The data is currently not tracked
within the vendor information database.

In fiscal 2015, 1,072 full-time staff were hired. The rate of new employee hires equaled 9
percent. Of those hired, 39 percent were hired in non-US offices (Country Offices and
satellite offices), and 52 percent were female. In fiscal 2015, 1,508 staff left the Bank
at a turnover rate of 12.5 percent. Thirty-six percent of employees who left the Bank
were located in non-US offices, and 53 percent were female.

Partial

Partial

54

FY15
Number

Hired staff
United States

FY14
% of
total

Number

FY13
% of
total

Number

% of
total

656

61%

1,077

61%

1,243

Female

337

31%

558

32%

660

32%

Male

319

30%

519

29%

583

29%

416

39%

693

789

39%

Female

225

21%

346

20%

420

21%

Male

191

18%

347

20%

369

18%

Non-US offices

Total hires

1,072

39%

1,770

61%

2,032

Of which Female

562

52%

904

51%

1,080

53%

Of which Male

510

48%

866

49%

952

47%

FY15

Staff terminated
United States

Number

FY14
% of
total

Number

FY13
% of
total

Number

% of
total

963

64%

1,039

63%

957

62%

Female

526

35%

559

34%

509

33%

Male

437

29%

480

29%

448

29%

546

36%

609

37%

579

38%

Female

268

18%

310

19%

276

18%

Male

278

18%

299

18%

303

20%

Non-US offices

Total terminations

1,509

1,648

1,536

Of which Female

794

53%

869

53%

785

51%

Of which Male

715

47%

779

47%

751

49%

55

The World Bank is committed to providing benefits that respond to staff needs globally
and are aligned with best practices. This includes life insurance, health care, disability
and invalidity coverage, retirement provisions, parental leave, and opportunities for
flexible work arrangements, as well as mobility, relocation, and resettlement benefits.
These benefits vary with appointment type (whether open-ended or fixed-term staff or
consultant) and whether the position is based at headquarters, in Washington, DC, or in
a Country Office. The World Banks compensation and benefits policy is to provide a
package to attract and retain diverse and highly talented staff while responding to
external market situations and our shareholders. These policies are specified in the
internal Staff Manual, which is available to all staff. The Board meets every year to
review compensation and determines the overall group-wide pay increase.

G4-LA2

Benefits provided to
full-time employees that
are not provided to
temporary or part-time
employees, by
significant locations of
operation

Benefits for staff on open-ended, fixed-term, and extended-term-consulting contracts


include:

Life insurance and accidental death and dismemberment coverage are offered to
staff and eligible dependents. These benefits help protect the financial security of
beneficiaries.

Medical plans are offered to staff and retirees and their dependents. These plans
provide medical, dental, vision, and pharmacy benefits. The plans cover the staff
member, one spouse or domestic partner, and dependent children or stepchildren under the age of 26. The staff member pays 25 percent of the premium
costs, and the Bank pays 75 percent. Staff leaving the organization may elect to
receive continuation of their medical, dental, vision, and pharmacy coverage for
up to 36 months at their own cost.

Staff who are on sick leave for more than 20 consecutive days can apply for
short-term disability, which pays 70 percent of salary for up to 24 months. If a
staff member remains disabled beyond the 24-month period, long-term disability
benefits is provided at 70 percent of salary until the earliest of retirement, death,
or recovery from disability.

At the end of 2015, the mandatory retirement age for staff on board and future
staff will increase from age 62 to age 67. The normal retirement age for staff on
board at that time will remain 62, and it will increase for future staff to age 65.

Full

56

The Bank offers a variety of options to help staff save and plan for retirement.
Effective January 1, 2015, the Staff Retirement Net Plan (SRP) has two
components: (1) Defined Benefit Component, which is Bank-funded and based
on 1 percent of the highest average of three years net annual salary for each
year of plan participation, not to exceed 35 years. (2) Cash Balance Component,
wherein the Bank contributes 10 percent of net annual salary, and the staff
member contributes a mandatory 5 percent of net annual salary and can
voluntary increase contributions to as high as 11 percent of net annual salary. In
addition to the SRP, Washington-based staff can voluntary participate in a 401(k)
plan. Effective January 1, 2015, Country Office staff can elect to participate in
the Country Office Savings Plan.

Staff receive between 26 and 30 days of paid annual leave, depending on the
length of service, and 15 days of sick leave per year, as well as paid leave for
various specific circumstances such as adoption and paternity/maternity leave
(10 days and 70 days, respectively).

There are also services to support staff and their families, such as the
opportunity for flexible working arrangements and the World Bank Family
Network (WBFN), which provides assistance to staff, spouses, and domestic
partners.

The Banks benefits package also includes global mobility benefits, relocation, and
resettlement policies.
Short-term consultants and short-term temporaries, paid on a daily or hourly rate, are
not eligible for leave, life insurance, or pension benefits. However, short-term
consultants and short-term temporaries are covered under Workers Compensation, and
have accidental death and dismemberment insurance of three times net annual salary
while on official Bank business travel. They are also eligible for limited medical expense
coverage while on official Bank business for emergency medical care.

G4-DMA

The World Bank values the diversity, health, safety, and security of its approximately 12,000 staff members and consultants who work in
Washington, DC, and in 136 countries worldwide. Many employees travel throughout the world, thus the World Bank views appropriate and

57

accessible health care through international vendors, regional health advisors, and onsite clinic facilities as an important service
component.
The Health Services Department (HSD) serves the staff and management of the World Bank by protecting and promoting staff health
wherever possible, taking account of individual health status, the working environment, and job demands.
The World Bank Occupational Health and Safety Committee, which reports to the senior management team, is tasked with developing,
implementing, and monitoring an occupational health and safety management system that applies to Bank employees worldwide. The
committee oversees a global occupational health and safety management system aimed at managing health and safety risks, thereby
enhancing the efficiency and sustainability of the Banks workforce and optimizing the capacity to accomplish its goals.

G4-LA5

G4-LA6

Percentage of total
workforce represented
in formal joint
managementworker
health and safety
committees that help
monitor and advise on
occupational health
and safety programs

Type of injury and rates


of injury, occupational
diseases, lost days,
and absenteeism, and
total number of workrelated fatalities, by
region and by gender

The World Banks Occupational Health and Safety Committee meets quarterly to
address health and safety issues related to staff. The group is chaired by senior
management (HRDVP), and includes occupational health specialists, environmental
consultants, and senior management representatives from headquarters and Country
Offices, Health Services and other parts of Human Resources, Facilities Management,
Security, Fire and Safety, Legal, Procurement, Corporate Responsibility, the Staff
Association, and Budget and additional specialists or members as required. In addition,
the Staff Association has established a dedicated working group to address staff health
issues. Most of the workforce is represented in the Occupational Health and Safety
Committee and the Staff Association.
A third-party partner program (the REED Group) and HSD monitor Workers
Compensation Claims as accident and report statistics. Data analysis and interpretation
are limited to ad hoc reports, quarterly and annual aggregate REED Group reporting
including ad hoc reports. HSD uses an integrated medical database system to evaluate
trends in medical and pharmacy insurance costs in comparison with disease profiles.
The REED Group and Health Services monitor the effectiveness of return-to-work
programs and minimize absenteeism through active participation in return-to-work
management for staff. Data analysis and interpretation are limited to ad hoc reports at
present.

Partial

Full

For the World Bank Group as a whole, the incidence rate has been 0.39, the injury rate
0.15, and the illness rate 0.24. The lost-day rate has been 29.05.

58

The World Bank values the diversity, health, safety, and security of its approximately 12,000 staff and consultants who work in
Washington, DC, and in 136 countries worldwide.

G4-DMA

The aim of the Banks investment in staff learning is to ensure that learning is a strategic tool for the organization, so that staff members
have the cutting-edge knowledge and skills to carry out the Banks mission. In April 2010, Bank senior management endorsed the Staff
Learning Strategy, which outlines three complementary and mutually reinforcing pillars: Corporate Core Curriculum (includes onboarding
of new staff, operational learning, and management and leadership development), Professional and Technical Learning, and Unit and
Individual Learning (such as languages for business purposes, mentoring, and behavioral skills.). Cross-cutting principles underpinning
the Learning Strategy are ensuring geographically neutral access to learning, more on-the-job learning and less formal classroom
learning, common quality-assurance processes, and linkage with competencies. The Bank offers a broad range of learning resources via
online and face-to-face sessions through its internal learning program. Funding support for external training or education is made possible
based on annual discussions between staff and managers about individual yearly learning plans.

In fiscal 2015, the World Bank delivered 1,821 learning activities (1,667 in fiscal 2014)
for a total of 5,110 sessions (4,635 in fiscal 14) and 52,751 days of learning (65,496
days). Thirty-nine of the training days were delivered either in Country Offices or
location-neutral formats such as e-learning and webinars, seven percentage point lower
than in fiscal 2014 and five percentage points higher than in fiscal 2013.

G4-LA9

Average hours of
training per year per
employee by gender,
and by employee
category

In fiscal 2015, 88 percent of the salaried workforce attended at least one learning event,
not including the corporate mandatory programs: 85 percent of Country Office staff
engaged in learning, and 89 percent of staff in Washington, DC, attended one or more
events. These individuals attended the equivalent of 38,287 days of training, averaging
3.2 days per staff member, with 3.3 in days taken by Country Office-based staff and 3.1
days taken by DC-based staff. This was a seven percent decrease from the fiscal 2014
training days of 3.45 days per staff member.

Partial

Investment in staff learning increased by 2 percent from fiscal 2014 levels and dropped
by 13 percent from fiscal 2013 levels. Through the end of fiscal 2015, the World Bank
invested $65.8 million in staff learning, of which 56 percent was spent on developing
and delivering learning activities, and 44 percent was spent to cover direct and indirect
expenses for staff members to participate in learning (provided internally and/or from
external providers), including staff time and other costs.
59

Average hours of training participated in fiscal 2015 by


1) Support Staff = 20.8 hours
2) Analyst grade = 18.4 hours
3) Specialist and Senior Specialist grade = 29.6 hours
4) Lead grade = 24.8 hours
This data is not tracked by gender.

In fiscal 2015, the Bank delivered 1,821 learning activities for a total of 5,110 sessions
and 52,751 days of learning. Eighty-eight percent of the Banks salaried workforce
attended at least one learning event during the year (not including the corporate
mandatory programs), up 6 percent over fiscal 2014: 85 percent of staff based in
Country Offices and 89 percent of those based at headquarters, in Washington, DC.

G4-LA10

G4-LA11

Programs for skills


management and
lifelong learning that
support the continued
employability of
employees and assist
them in managing
career endings

An HR Transition Support Program was established in fiscal 2015 to assist staff whose
jobs may be at risk because of organizational change. The program team works in
partnership with Bank units responsible for pensions, tax issues, health services, etc.,
and with contractors. The team met with staff individually and in groups to inform them
about services available and to explain the Banks exit process. Job-search and career
coaching were also provided on a one-on-one basis. An internal website provided a
central repository of information for staff.

Percentage of
employees receiving
regular performance
and career development
reviews, by gender and
by employee category

At least once in a 12-month period, the manager or designated supervisor performs a


review of the World Bank staff member (excludes short-term appointees). The
evaluation covers the staff members performance, achievements, strengths, areas for
improvement, and future development needs. The World Bank encourages ongoing
feedback about the staff members work program; this takes place throughout the
performance year. The annual conversation also touches on plans for the upcoming

Full

A monthly series of seminars was offered to staff on topics ranging from pension, tax,
immigration, and benefits to resume writing, interviewing, networking, and job-search
strategy. The team also delivered briefings and workshops for managers to equip them
with a good understanding of the Banks ending-employment process and to better
prepare them for managing exits.

Full

60

performance cycle and training needs. The Performance Management Process is


outlined in the Staff Manual 5.03.
In fiscal 2015, about 70 percent of female and 70 percent of male active full-time staff
completed regular performance and career-development conversations.

World Bank staff are located in offices in 127 countries and work in core finance, administrative, legal, economics, and technical
specializations in more than 20 sectors. Staff contribute an impressive breadth and depth of professional expertise, academic background,
industry, and international experience. The World Bank recognizes that meeting the demands and needs of its diverse client base more
effectively means the Bank must consider a range of ideas and perspectives to find the best solution to development challenges. Achieving
shared prosperity in a sustainable way is, by definition, about equal opportunity, empowerment, and economic and social inclusion.
The Articles of Agreement for IBRD and IDA emphasize the need to pay due regard to the importance of recruiting personnel on as wide a
geographical basis as possible when appointing Bank officers and staff, subject to the paramount importance of securing the highest
standards of efficiency and of technical competence. This directive was reiterated in the 1983 Principles of Staff Employment, approved by
the Executive Directors, to set forth the broad policies according to which the President shall manage staff. In addition, the principles direct
the Bank to encourage diversity in staffing consistent with the nature and objectives of the Organizations.
G4-DMA

In addition to reflecting the World Banks global nature, the importance of staff diversity in enhancing the effectiveness and credibility of the
Banks institutions has been underscored by ongoing reforms to increase the voice and participation of emerging markets and developing
countries at the Bank. It is incumbent upon the Bank to consider how to organize and manage people internally as it works with our
partners to help countries achieve gender equality as a pathway to ensuring lasting poverty reduction and shared prosperity. The World
Bank mission statement describes the work environment the Bank strives to maintain: an excellent institution able to attract, excite, and
nurture diverse and committed staff with exceptional skills, who know how to listen and learn, underpinned by the core values of working
together in teams, with openness and trust, empowering others, and respecting differences.
Consistently in staff surveys, a large majority of staff agree that they work in a climate in which diverse perspectives are valued, where we
treat each other with dignity and respect, and where colleagues are treated fairly regardless of gender, age, race/ethnicity, national origin,
native language, religion, disability, and sexual orientation. Staff are drawn to and energized by the Banks dynamic multicultural
environment, making diversity and inclusion a key element of its employment value proposition.

61

Within the World Bank Boards of Governors and Directors, representatives are
determined by member countries. Of the 25 Executive Director Board members, four
were women in fiscal 2015, two more than the year before.
G4-LA12a

Composition of
governance bodies

For more information about the Boards, see http://worldbank.org/about.


Male [number]
21
Percentage of individuals within the organizations governance bodies
84%
Female [number]
4
Percentage of individuals within the organizations governance bodies

Full

16%

Nationals of Part II countries (roughly equivalent to developing countries) accounted for


42 percent of staff in management positions. Women accounted for 38 percent of staff in
management positions, and for 43 percent of full-time staff at professional grades (grade
GF+) in technical positions. Sub-Saharan African (SSA) and Caribbean (CR) nationals
represent 12 percent of full-time staff at professional grades (grade GF+).

G4-LA12b

Breakdown of
employees per
employee category
according to gender,
age group, minority
group membership, and
other indicators of
diversity

Since 1998, nationality, gender, and race have been the dimensions of diversity for
which the Bank has set and monitored quantitative targets. Nationality has been
measured in the aggregate by Part I and II contributing member status (roughly
equivalent to developed and developing countries, respectively), whereas SSA and CR
nationality has served as the proxy for race.
Under 35 years old

2,212

Full

Male
908
Female 1,304
35-44 years old

4,067
Male 1,907
Female 2,160

45-54 years old

3821
Male 1,960
Female 1,861

55+ years old

1833
Male
Female

996
837
62

The Bank considers the diversity of its staff a strategic business asset. Due to its immunities from most national courts, the Bank Group
provides staff with comprehensive Internal Justice Services to resolve and provide redress of staff's issues and grievances using informal
and formal mechanisms. These services increase the level of collaboration among staff, provide spaces for the effective management of
conflicts, and increase the Banks capacity to build and retain a globally representative workforce that has a voice and is valued by the
organization.
G4-DMA

G4-LA16

Most staff's concerns are handled by one of the informal services of Internal Justice: Respectful Workplace Advisors, Ombuds Services,
and Mediation Services. Use of these mechanisms is voluntary, and staff also have direct access to the systems formal grievance
mechanisms of Peer Review Services (PRS), the Business Ethics and Conduct (EBC) Vice Presidency, and the Integrity (INT) Vice
Presidency. EBC investigates allegations of staff misconduct, and INT investigates allegations of fraud and corruption committed by
individuals and companies involved in Bank-supported projects, as well as allegations against internal staff. PRS considers whether the
World Bank Groups actions are consistent with the staff members contract of employment and/or terms of appointment, including the
pertinent Bank Group rules and policies. If these internal grievance mechanisms are exhausted, staff can access the World Bank
Administrative Tribunal (WBAT), which is the independent judicial forum of last resort for the resolution of cases submitted by staff alleging
non-observance of their contracts of employment or terms of appointment. WBATs decisions are final and binding.

Number of grievances
about labor practices
filed, addressed, and
resolved through formal
grievance mechanisms

In fiscal 2015, there was an increase in staff using Internal Justice Services, mostly
informal services provided by the Respectful Workplace Advisors, Ombuds, and
Mediation. The combined caseload of these services grew to 1,617 cases in fiscal 2015,
an 18 percent increase over fiscal 2014. Peer Review cases also grew from 50 to 54,
and the WBAT caseload increased from 20 to 28. A concerted outreach effort to staff in
Country Offices has resulted in more field-based staff using the Internal Justice
Services.

Full

In fiscal 2015, Peer Review Services opened 54 cases, EBC 297 cases, INT 32 cases,
and the World Bank Administrative Tribunal 28 cases. A large majority of grievances
opened during fiscal 2015 were closed in the same fiscal year. Seventeen PRS cases
filed in fiscal 2014 that were resolved in fiscal 2015 for PRS, as were 44 for EBC, 11 for
INT, and 15 for WBAT.

63

The World Bank considers the diversity of its staff a strategic business asset. The World Bank Groups Code of Conduct defines
discrimination as the unjustifiable differentiation between individuals or groups within staff. Discrimination can be based on characteristics
such as race, color, gender, language, physical ability, religion, political or other opinion, national or social origin, or sexual orientation. The
Code of Conduct stipulates that each individual has a role to play in preventing discrimination in the workplace.
G4-DMA

The World Bank Group Office of Ethics and Business Conduct (EBC) promotes high ethical standards by staff members in the performance
of their duties. It ensures staff understand their ethical obligations to the World Bank as embodied in its core values and the terms under
which they operate. The office is accessible to all staff members and their families.
The Ethics Helpline (ethics_helpline@worldbank.org, 800-261-7497) can be contacted anonymously 24/7. In addition, the Integrity (INT)
Vice Presidency advises operational staff on preventing fraud and corruption in Bank-supported projects. Stakeholders can report
allegations via the INT hotline (investigations_hotline@worldbank.org, 800-831-0463).
For more information, see Code of Conduct.

G4-HR3

Total number of
incidents of
discrimination and
corrective actions taken

In fiscal 2015, the Office of Ethics and Business Conduct (EBC) handled eight
allegations of discrimination, which includes all alleged cases, whether the allegation
was found to be substantiated or not.

Full

64

World Bank Lending Fiscal 2015

159

WORLD BANK LENDING


FISCAL 2015

Annual Report 2015

160

The International Bank for Reconstruction and Development (IBRD), 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) make up the institutions of the World
Bank Group.
The World Bank Group is one of the worlds largest sources of funding and knowledge
for developing countries and is committed to reducing poverty, increasing shared
prosperity, and promoting sustainable development.
In fiscal 2015, the World Bank, IFC, and MIGA collectively provided $59.8 billion in loans,
grants, equity investments, and guarantees to partner countries and private
businessesincluding to multiregional and global projects.

World Bank Lending Fiscal 2015


161

The World Bank is comprised of the International Bank for Reconstruction and
Development (IBRD) and the International Development Association (IDA), and it is
committed to the goals of ending extreme poverty and boosting shared prosperity
and to achieving both goals in a sustainable manner.
The World Bank is a global development cooperative owned by its 188 member
countries. As the largest development bank in the world, it provides financing,
knowledge, and convening services to help client countries address their most
important development challenges.
Solutions-oriented, focused on clients, accountable for quality results, dedicated to
financial integrity and cost-effectiveness, inspired and innovative, the World Bank is
committed to improving the lives of roughly a billion people now living in extreme
poverty.
2

World Bank Lending Fiscal 2015


162

The International Bank for Reconstruction

The International Development

and Development (IBRD)

Association (IDA)

Established 1944 188 member countries

Established 1960 173 member countries

Fiscal 2015 commitments

Fiscal 2015 commitments

$23.5 billion for

$19.0 billion for

112 approved operations

190 approved operations

Cumulative lending (since 1945)

Cumulative lending (since 1960)

$629.0 billion

$309.9 billion

World Bank Lending Fiscal 2015


163

IBRD and IDA Board of Executive Directors and Alternates


as of June 30, 2015

Dr. Jim Yong Kim


President of the World Bank Group and Chairman of the Board of Executive Directors

Executive Directors

Alternates

Khalid Alkhudairy
Shixin Chen
Herv de Villeroch
Sung-Soo Eun
Alejandro Foxley
Jorg G. Frieden
Subhash Garg
Franciscus Godts
Merza Hasan
Frank Heemskerk
Gwen Hines
Masahiro Kan
Mohamed Kayad
Nasir Mahmood Khosa
Peter Larose
Ana Lourenco
Andrei Lushin
Matthew McGuire
Ursula Mueller
Patrizio Pagano
Jose Rojas
Satu-Leena Santala
Rionald Silaban
Antonio Silveira
Alister Smith

Turki Dhaifallah Almutairi


Jinadi Ye
Arnaud Delaunay
Jason Allford
Daniel Kostzer
Wieslaw Leonard Szczuka
Mohammad Tareque
Gulsum Yazganarikan
Karim Wissa
Roman Zhukovskyi
Clare Roberts
Daiho Fujii
Seydou Bouda
Omar Bougara
Andrew Bvumbe
Bongi Kunene
Eugene B. Miagkov
(vacant)
Wilhelm Rissmann
Nuno Mota Pinto
Beatriz de Guindos
Sanita Bajare
Pornwasa Sirinupongs
Rosalia de Leon
Janet Harris

World Bank Lending Fiscal 2015


164

Fiscal Year Highlights


In fiscal 2015, the World Bank (IBRD/IDA)
committed $42.5 billion to partner
countries, distributed in credits, loans,
grants, and guarantees.

165

Fiscal Year Highlights


In fiscal 2015, IBRD committed $23.5 billion
for 112 new operations.
IDA committed $19.0 billion for 190 new
operations.

166

Fiscal Year Highlights


IBRDs $23.5 billion lending volume was
higher than the precrisis historical average
($13.5 billion a year in fiscal 2005-08) as well
as the $18.6 billion committed in fiscal 2014.

167

Fiscal Year Highlights


IDA commitments of $19.0 billion in fiscal
2015 included $15.9 billion in credits, $2.4
billion in grants, and $600 million in
guarantees.

168

Note
As a result of rounding, numbers in the following figures may not add to
totals, and percentages in figures may not add to 100.
All dollar amounts reported are current U.S. dollars.

169

IBRD and IDA Lending by Region Fiscal 2015


Share of total lending of $42.5 billion

18%
27%
Africa
East Asia and Pacific

8%

Europe and Central Asia


Latin America and the Caribbean
Middle East and North Africa
South Asia

14%

15%
17%

10

World Bank Lending Fiscal 2015


170

IBRD and IDA Lending by Sector Fiscal 2015


Share of total lending of $42.5 billion

11%

7%
8%

Agriculture, Fishing, and Forestry


Education

12%

Energy and Mining

11%

Finance
Health and Other Social Services
Industry and Trade

10%

19%

Information and Communications


Public Administration, Law, and Justice
Transportation
Water, Sanitation, and Flood Protection

5%

16%

1%
11

World Bank Lending Fiscal 2015


171

IBRD and IDA Lending by Theme Fiscal 2015


Share of total lending of $42.5 billion
Economic Management

11%

3%

7%

Environment and Natural Resources


Management

4%

Financial and Private Sector


Development

20%

Human Development
Public Sector Governance

15%

Rule of Law
Rural Development

4%
12%

Social Development, Gender, and


Inclusion

14%

Social Protection and Risk Management

2% 7%

Trade and Integration

12

World Bank Lending Fiscal 2015


172

IBRD Top-10 Borrowers Fiscal 2014


$2,500
$2,098

Commitments ($ millions)

$2,000

$1,822

$1,500

$1,400

$1,400

$1,345

$1,337
$1,150

$1,000

$500

$0

13

World Bank Lending Fiscal 2015


173

$1,055

$1,000

$966

IDA Top-10 Borrowers Fiscal 2014


$2,500

Commitments ($ millions)

$2,000

$1,924
$1,687

$1,500

$1,395

$1,351

$1,305
$975

$1,000

$500

$0

14

World Bank Lending Fiscal 2015


174

$883

$784

$700

$680

Regional Lending
by Theme and Sector

175

Africa Regional Snapshot

16

World Bank Lending Fiscal 2015


176

Africa
Total IBRD and IDA Lending Trends Fiscal 2011-15
$14,000

$11,569

$12,000
$10,616

Commitments ($ millions)

$10,000
$8,245
$8,000

$8,203

$7,525

$6,000

$4,000

$2,000

$0
2011
17

2012

2013

World Bank Lending Fiscal 2015


177

2014

2015

IDA Lending by Region Fiscal 2015

The largest share of IDA lending went to Africa


Share of total lending of $19.0 billion

30%
Africa
East Asia and Pacific
Europe and Central Asia

55%

Middle East and North Africa


South Asia

1%
2%
3%

18

Latin America and the Caribbean

10%

World Bank Lending Fiscal 2015


178

Africa
IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $11.6 billion

7%

8%
6%

11%

Agriculture, Fishing, and Forestry


Education

9%

Energy and Mining


Finance

6%

Health and Other Social Services


Industry and Trade
Information and Communications

26%

Public Administration, Law, and Justice


Transportation
Water, Sanitation, and Flood Protection

24%
1%
19

3%

World Bank Lending Fiscal 2015


179

Africa
IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $11.6 billion
Economic Management

8%
6%

4%

5%

Environment and Natural Resources


Management

15%

12%

Financial and Private Sector


Development
Human Development
Public Sector Governance

2%

Rule of Law
Rural Development

13%

<1%

20

22%
12%

Social Development, Gender, and


Inclusion
Social Protection and Risk Management
Trade and Integration

World Bank Lending Fiscal 2015


180

East Asia and Pacific Regional Snapshot

21

World Bank Lending Fiscal 2015


181

East Asia and Pacific


Total IBRD and IDA Lending Trends Fiscal 2011-15
$9,000
$8,000

$7,997

Commitments ($ millions)

$7,000

$6,628
$6,247

$6,313

$6,342

2013

2014

2015

$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
2011
22

2012

World Bank Lending Fiscal 2015


182

East Asia and Pacific


IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $6.3 billion

15%

19%

Agriculture, Fishing, and Forestry


Education

4%

Energy and Mining

8%

Finance
Health and Other Social Services
Industry and Trade

18%

8%

Information and Communications


Public Administration, Law, and Justice
Transportation

4%
18%
1%
23

4%

World Bank Lending Fiscal 2015


183

Water, Sanitation, and Flood Protection

East Asia and Pacific


IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $6.3 billion

<1%

Economic Management

13%

Environment and Natural Resources


Management

24%

Financial and Private Sector


Development
Human Development

20%

1%
2%
3%

Public Sector Governance


Rule of Law
Rural Development

5%
27%

5%

Social Development, Gender, and


Inclusion
Social Protection and Risk Management
Trade and Integration

24

World Bank Lending Fiscal 2015


184

Europe and Central Asia Regional Snapshot

25

World Bank Lending Fiscal 2015


185

Europe and Central Asia


Total IBRD and IDA Lending Trends Fiscal 2011-15
$8,000
$7,207
$7,000

$6,595
$6,125

Commitments ($ millions)

$6,000
$5,320

$5,527

$5,000
$4,000
$3,000
$2,000
$1,000
$0
2011
26

2012

2013

World Bank Lending Fiscal 2015


186

2014

2015

IBRD Lending by Region Fiscal 2015

The largest share of IBRD lending went to Europe and Central Asia
Share of total lending of $23.5 billion

9%
14%

5%
19%
Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

24%
28%

27

World Bank Lending Fiscal 2015


187

Europe and Central Asia


IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $7.2 billion

2%
5%

5%
Agriculture, Fishing, and Forestry

16%
20%

Education
Energy and Mining
Finance
Health and Other Social Services
Industry and Trade

15%

Information and Communications

13%
<1%

28

Public Administration, Law, and Justice


Transportation
Water, Sanitation, and Flood Protection

12%

13%

World Bank Lending Fiscal 2015


188

Europe and Central Asia


IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $7.2 billion
Economic Management

9%

3%

7%

Environment and Natural Resources


Management

5%

Financial and Private Sector


Development
Human Development

15%

Public Sector Governance

< 1%

Rule of Law

36%

5%
6%
4%

Rural Development
Social Development, Gender, and
Inclusion
Social Protection and Risk Management

8%

Trade and Integration

29

World Bank Lending Fiscal 2015


189

Latin America and the Caribbean Regional Snapshot

30

World Bank Lending Fiscal 2015


190

Latin America and the Caribbean


Total IBRD and IDA Lending Trends Fiscal 2011-15
$10,000

$9,629

Commitments ($ millions)

$8,000
$6,629
$6,024

$6,000
$5,204

$5,068

2013

2014

$4,000

$2,000

$0
2011
31

2012

World Bank Lending Fiscal 2015


191

2015

Latin America and the Caribbean


IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $6.0 billion

2%
7%
6%

17%

Agriculture, Fishing, and Forestry


Education
Energy and Mining

5%

Finance
Health and Other Social Services

22%
8%

Industry and Trade


Information and Communications
Public Administration, Law, and Justice
Transportation

< 1%

32

6%

Water, Sanitation, and Flood Protection

26%

World Bank Lending Fiscal 2015


192

Latin America and the Caribbean


IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $6.0 billion

2%
1%

12%

2%

Economic Management

4%

Environment and Natural Resources


Management
Financial and Private Sector
Development

18%

Human Development
Public Sector Governance
Rule of Law

31%
7%

12%

Rural Development
Social Development, Gender, and
Inclusion

5%

Social Protection and Risk Management


Trade and Integration

33

World Bank Lending Fiscal 2015


193

Middle East and North Africa Regional Snapshot

34

World Bank Lending Fiscal 2015


194

Middle East and North Africa


Total IBRD and IDA Lending Trends Fiscal 2011-15
$4,000
$3,492

$3,500

Commitments ($ millions)

$3,000

$2,788

$2,500
$2,065

$2,058

$2,000
$1,513

$1,500
$1,000
$500
$0
2011
35

2012

2013

World Bank Lending Fiscal 2015


195

2014

2015

Middle East and North Africa


IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $3.5 billion

2%
17%
Agriculture, Fishing, and Forestry

< 1%

29%

Education
Energy and Mining
Finance

12%

Health and Other Social Services


Industry and Trade
Information and Communications
Public Administration, Law, and Justice

6%

Transportation
Water, Sanitation, and Flood Protection

16%
17%

36

World Bank Lending Fiscal 2015


196

Middle East and North Africa


IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $3.5 billion

< 1%

Economic Management
Environment and Natural Resources
Management

22%

27%

Financial and Private Sector


Development
Human Development
Public Sector Governance
Rule of Law

4%

17%
12%

1%
37

Social Development, Gender, and


Inclusion

4%

10%

Rural Development

Social Protection and Risk Management

1%

Trade and Integration

World Bank Lending Fiscal 2015


197

38

World Bank Lending Fiscal 2015


198

South Asia
Total IBRD and IDA Lending Trends Fiscal 2011-15
$12,000
$10,539

$10,130

Commitments ($ millions)

$10,000

$7,860

$8,000
$6,446
$6,000
$4,474
$4,000

$2,000

$0
2011
39

2012

2013

World Bank Lending Fiscal 2015


199

2014

2015

South Asia
IBRD and IDA Lending by Sector Fiscal 2015
Share of total lending of $7.9. billion

11%

17%

Agriculture, Fishing, and Forestry


Education

15%

Energy and Mining


Finance
Health and Other Social Services

16%

3%

Industry and Trade


Information and Communications
Public Administration, Law, and Justice

12%
15%

6%
<1% 3%

40

World Bank Lending Fiscal 2015


200

Transportation
Water, Sanitation, and Flood Protection

South Asia
IBRD and IDA Lending by Theme Fiscal 2015
Share of total lending of $7.9 billion

2%

Economic Management

8%

6%

Environment and Natural Resources


Management
Financial and Private Sector
Development

26%

20%

Human Development
Public Sector Governance
Rule of Law
Rural Development

<1%
16%

15%
<1%
41

Social Development, Gender, and


Inclusion
Social Protection and Risk Management
Trade and Integration

4%

World Bank Lending Fiscal 2015


201

Lending by Sector

202

Agriculture, Fishing, and Forestry


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $3.0 billion

29%

31%
Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa

0% 4%

South Asia

5%
31%

43

World Bank Lending Fiscal 2015


203

Education
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $3.5 billion

20%
33%

Africa

6%

East Asia and Pacific


Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa

9%
2%
29%

44

World Bank Lending Fiscal 2015


204

South Asia

Energy and Mining


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $4.5 billion

6%
22%
22%

Africa
East Asia and Pacific
Europe and Central Asia

12%
6%

Middle East and North Africa


South Asia

31%

45

Latin America and the Caribbean

World Bank Lending Fiscal 2015


205

Finance
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $4.1 billion

16%
24%
Africa

12%

East Asia and Pacific


Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa

14%

South Asia

11%

46

23%

World Bank Lending Fiscal 2015


206

Health and Other Social Services


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $6.6 billion

7%
9%
42%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean

24%

Middle East and North Africa


South Asia

14%

47

4%

World Bank Lending Fiscal 2015


207

Industry and Trade


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $2.3 billion

10%

15%

10%
Africa

12%

East Asia and Pacific


Europe and Central Asia
Latin America and the Caribbean

16%

Middle East and North Africa


South Asia

37%

48

World Bank Lending Fiscal 2015


208

Information and Communications


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $322 million

11%

Africa

44%

East Asia and Pacific


Europe and Central Asia
Latin America and the Caribbean

13%

Middle East and North Africa


South Asia

21%

49

World Bank Lending Fiscal 2015


209

Public Administration, Law, and Justice


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $8.2 billion

15%
5%

36%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean

16%

Middle East and North Africa


South Asia

13%

50

14%

World Bank Lending Fiscal 2015


210

Transportation
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $5.2 billion

24%

25%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean

7%

Middle East and North Africa


South Asia

23%
22%

51

World Bank Lending Fiscal 2015


211

Water, Sanitation, and Flood Protection


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $4.8 billion

16%
29%
Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean

25%

Middle East and North Africa


South Asia

13%
9%

52

8%

World Bank Lending Fiscal 2015


212

Lending by Theme

213

Share of total lending of $1.1 billion

2%

< 1%

13%

42%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

43%
< 1%
54

World Bank Lending Fiscal 2015


214

Environment and Natural Resources Management


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $3.2 billion

14%

20%
Africa
East Asia and Pacific
Europe and Central Asia

25%

Latin America and the Caribbean


Middle East and North Africa

25%
5%

55

12%

World Bank Lending Fiscal 2015


215

South Asia

Financial and Private Sector Development


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $8.5 billion

20%

24%

Africa
East Asia and Pacific
Europe and Central Asia

7%

15%

Latin America and the Caribbean


Middle East and North Africa
South Asia

3%
31%

56

World Bank Lending Fiscal 2015


216

Human Development
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $6.0 billion

21%

43%

3%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

18%

10%

57

6%

World Bank Lending Fiscal 2015


217

Public Sector Governance


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $2.8 billion

2%

10%

Africa

15%

East Asia and Pacific

50%

Europe and Central Asia


Latin America and the Caribbean
Middle East and North Africa
South Asia

11%
12%

58

World Bank Lending Fiscal 2015


218

Rule of Law
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $825 million

< 1%
11%

Africa
East Asia and Pacific
Europe and Central Asia

52%

Latin America and the Caribbean


Middle East and North Africa
South Asia

59

World Bank Lending Fiscal 2015


219

Rural Development
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $5.1 billion

23%

29%
Africa
East Asia and Pacific

1%

Europe and Central Asia


Latin America and the Caribbean

6%

Middle East and North Africa


South Asia

7%
34%

60

World Bank Lending Fiscal 2015


220

Social Development, Gender, and Inclusion


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $1.7 billion

14%

15%

9%
20%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

41%

61

World Bank Lending Fiscal 2015


221

Social Protection and Risk Management


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $6.6 billion

21%

24%

Africa

2%

Europe and Central Asia


Latin America and the Caribbean

7%

Middle East and North Africa

17%

29%

62

East Asia and Pacific

World Bank Lending Fiscal 2015


222

South Asia

Trade and Integration


IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $1.7 billion

9%
2%

8%
39%

Africa
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
South Asia

38%
5%

63

World Bank Lending Fiscal 2015


223

Urban Development
IBRD and IDA Lending by Region Fiscal 2015
Share of total lending of $4.9 billion

12%

18%
Africa
East Asia and Pacific

19%

Europe and Central Asia


Latin America and the Caribbean
Middle East and North Africa
South Asia

31%
14%
5%

64

World Bank Lending Fiscal 2015


224

For more information visit

worldbank.org/annualreport

65

World Bank Lending Fiscal 2015


225

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