General information

Title
Capital increase of the International Bank of Reconstruction and Development
ID
XM-DAC-2-10-3013686
Start date
End date
Activity status
Completion
Actor
Worldbank Group: International Bank for Reconstruction and Development - IBRD - PRT
Policy markers
Gender 1
Environment 1
Good Governance 1
Desertification 1
Biodiversity 1
Climate: Mitigation 1
Climate: Adaptation 1
Aid type
Core contributions to multilateral institutions and global funds
Fragile state
No
Least developed country
No
Budgetline
54 33 842306 Afr. Dev. Bank (AfDB) - Intern. Bank for Reconstr. and Devel. (IBRD)
Finance type
CAPITAL SUBSCRIPTION DEPOSIT BASIS
Tied status
No
Flow type
ODA
SDGs
Body

General

Promote sustainable, equitable and job-creating growth, reduce poverty and address issues of regional and global importance.

Results

Reduce poverty in middle-income and creditworthy poorer countries by promoting sustainable development through loans, guarantees, risk management products, and analytical and advisory services. Specifically, the IBRD: - supports long-term human and social development needs that private creditors do not finance; - preserves borrowers' financial strength by providing support in crisis periods, which is when poor people are most adversely affected; - uses the leverage of financing to promote key policy and institutional reforms (such as safety net or anticorruption reforms); creates a favorable investment climate in order to catalyze the provision of private capital; - provides financial support (in the form of grants made available from the IBRD's net income) in areas that are critical to the well-being of poor people in all countries.

Other

Middle-income countries, where 70 percent of the world's poor live, have made profound improvements in economic management and governance over the past two decades and are rapidly increasing their demand for the strategic, intellectual and financial resources the World Bank has to offer. The challenge facing the IBRD is to better manage and deliver its resources to best meet the needs of these countries.

Documents

Disclaimer: Country borders do not necessarily reflect the Belgian Government's official position.

SDGs

SDGs