World Bank

More from the Series

Blog Post

IFC Moves Towards Competitive Capped and Transparent Subsidy Use

April 08, 2020
As part of the negotiations between the IFC and the US government over a (now agreed) capital increase for the IFC, World Bank Group president David Malpass issued a letter to US Treasury Secretary Steve Mnuchin promising changes in the way IFC does business.
Blog Post

Three Percent is a Big Difference

March 30, 2020
There is a little-noticed but important difference between the World Bank’s original goal for poverty reduction and the first of the subsequent UN Sustainable Development Goals (SDG1).  The difference is that the Bank’s goal was to reach a 3 percent poverty rate by 2030, while the SDG1 is to “e...
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SDG1: The Last Three Percent

March 30, 2020
There is a little-noticed but important difference between the World Bank’s original goal for poverty reduction and the subsequent UN Sustainable Development Goal (SDG). While both target the “$1.90 a day” poverty rate, the Bank’s goal was a 3% rate by 2030, while the SDG is to “eradicate” poverty b...