A Shared Commitment to Service, Entrepreneurship, and Economic Opportunity Transforming Lives. Strengthening Communities. Creating jobs. Historically Black Colleges and Universities (HBCUs) have a longstanding legacy of preparing leaders, advancing innovation, and translating knowledge into service. IFC - International Finance Corporation Vice President Elena Bourganskaia and Xavier University of Louisiana President Dr. C. Reynold Verret explore how education, entrepreneurship, and collaboration can strengthen micro, small, and medium enterprises (MSMEs), create jobs, and expand economic opportunities in communities around the world. Together, the World Bank Group and HBCUs can build on their shared commitment to transforming lives and advancing global development. Watch the full conversation: https://lnkd.in/ehqEqYxU
The World Bank Group
International Trade and Development
Washington, DC 2,868,799 followers
About us
The World Bank is a vital source of financial and technical assistance to developing countries around the world. Our vision is to create a world free of poverty on a livable planet. We are not a bank in the common sense; we are made up of two unique development institutions owned by 189 member countries: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role in advancing the vision of inclusive and sustainable globalization. The IBRD aims to reduce poverty in middle-income and creditworthy poorer countries, while IDA focuses on the world's poorest countries. Their work is complemented by that of the International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA) and the International Centre for the Settlement of Investment Disputes (ICSID). Together, we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture and environmental and natural resource management.
- Website
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http://www.worldbank.org
External link for The World Bank Group
- Industry
- International Trade and Development
- Company size
- 10,001+ employees
- Headquarters
- Washington, DC
- Type
- Nonprofit
- Specialties
- Global Development Finance/Lending, Development Knowledge, Advisory Services, and Capacity Building, Economic Research and Development Data, and Global Partnerships and Multilateral Engagement
Locations
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Primary
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1818 H Street, NW
Washington, DC 20433, US
Employees at The World Bank Group
Updates
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Efficient ports are essential to keeping trade moving. Port Community Systems help connect the different actors involved in moving cargo, reducing delays, improving predictability and lowering trade costs. Learn how countries can put these systems into practice through the World Bank Group’s new eLearning course on Port Community Systems.
What slows trade down at a port? 🚢 Often, it's the information needed to move cargo through it. Customs, terminal operators, shipping lines and logistics providers each hold part of that information. When it doesn't flow efficiently between them, cargo waits, and importers and exporters bear the costs. That's where Port Community Systems (PCS) come in. They help connect these actors, supporting faster, more predictable cargo clearance and lower trade costs. To help countries put these systems into practice, The World Bank Group launched its new PCS eLearning course at the IAPH World Ports Conference in London, together with partners from the International Maritime Organization, International Association of Ports and Harbors (IAPH), Busan Port Authority, and the Republic of Korea. Developed with the support from the Korea-World Bank Partnership Facility, the course draws on international experience to help port authorities, policymakers and logistics professionals plan and implement PCS initiatives. It brings together practical lessons on governance, interoperability, stakeholder engagement and implementation, supporting countries working to modernize their ports and trade logistics systems. You can access the course here: https://lnkd.in/eeB4aHjF Many thanks to our partners and everyone who contributed to the initiative: Ministry of Oceans and Fisheries, Republic of Korea • Gonzalo Varela • Julián Abril García • Sunhyung Ryu • Patrick Verhoeven • Sang-Keun Song • Satya Sahu • Kate KyungAe MUN • #PortCommunitySystems #TradeFacilitation #PortDigitalization #WorldBankGroup #KWPF
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Global financial development has progressed, but significant gaps remain. The World Bank Group’s new Financial Development Data (#FinData) platform tracks how financial systems develop across economies and over time. One of its key highlights shows that financial development scores increased by 4 to 6 points between the early 2010s and early 2020s. However, advanced economies remain about three times more financially developed than emerging and developing economies, with the largest gaps in lower-income economies. 📊 Explore the data and see how financial systems are evolving around the world: https://lnkd.in/eeGy-Rqb
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AI can help transform education, but investing in people remains essential. From strengthening foundational learning to preparing young people for a changing world of work, technology must complement teachers and expand opportunities for all. Building human capital is key to turning AI's potential into better outcomes for people and economies.
100+ economies. One commitment to investing in people. AI can help teachers spot struggling students and bring quality teaching to every island. What it can’t do is teach a child to read or replace a teacher. That matters. Over the next decade, 1.2 billion young people in emerging economies will enter the workforce, many into jobs AI is reshaping. Yet nearly 7 in 10 children in low- and middle-income countries can’t read a simple text by age 10. At The World Bank Group's Human Capital Ministerial Conclave in Bangkok, representatives from 42 countries and private-sector experts explored how AI and private capital can open up opportunities and prepare people for jobs. The Human Capital Project network now has 102 member economies, up from 28 in 2018. Read the story: https://lnkd.in/epk5d34c
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Closing the AI divide means getting the fundamentals right. Hear from Paschal Donohoe on why investing in infrastructure, connectivity, digital skills, and sound regulation is essential to making AI work for people and economies.
Closing the AI divide starts with getting the fundamentals right: electricity, connectivity, digital skills, and strong regulation. Get these right, and AI becomes a real engine for jobs and growth. Watch the replay of "Closing the Gap: The Promise of AI in Developing Economies”: https://lnkd.in/gzN99rb6 Learn more:https://lnkd.in/gzN99rb6 Learn more: https://lnkd.in/gSRtVmNz
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Think you know where commodity prices are headed? 📈 Take the quiz and learn more in the new Commodity Markets Outlook. https://lnkd.in/esPnTnRu
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The World Bank Group reposted this
The World Bank Group will be at #𝗖𝗢𝗣𝟯𝟭 in Antalya, Türkiye! As countries seek to accelerate implementation of their climate and development priorities, the World Bank Group is helping turn their ambitions into results through financing, knowledge, guarantees, and private capital mobilization. At COP31 (9-20 November 2026), we will showcase how smart development can create jobs, strengthen resilience, improve energy, water and food security, and support long-term low-carbon growth. Here's a snapshot of the themes we'll be discussing: 🟢 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗮𝗴𝗿𝗶𝗰𝘂𝗹𝘁𝘂𝗿𝗲 — Unlocking investment so farms can sustain harvests and incomes through drought and other shocks. 🟢 𝗘𝗻𝗲𝗿𝗴𝘆 𝗳𝗼𝗿 𝗴𝗿𝗼𝘄𝘁𝗵 — Unlocking finance for grid infrastructure that brings reliable, affordable energy to homes and businesses. 🟢 𝗣𝗿𝗶𝘃𝗮𝘁𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗮𝘁 𝘀𝗰𝗮𝗹𝗲 — Turning ideas into bankable projects through policy reform, project preparation, guarantees, and risk mitigation. 🟢 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝘁𝗵𝗮𝘁 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝘀 — Closing the implementation gap with strong institutions, legal frameworks, and public financial management. Learn about our work on smart development and attend our events at the joint MDB Pavilion, Blue Zone. Not in Antalya? Watch our events online! https://lnkd.in/gAYNY6e9 #COP31 | The World Bank Group
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Behind every tonne of copper in Zambia, there is a family counting on a steady income. "It means I am able to buy food for my family, take my family to school." That is what a job means. And around every job, a network of suppliers, small businesses, and economic opportunities takes shape, helping communities grow and thrive. Zambia is one of the world's leading copper producers, producing about 900,000 tonnes annually, and it aims to triple output by 2031. As Zambia expands its mineral development, The World Bank Group is partnering with the country to deliver lasting benefits for communities: jobs, investment, and stronger local industries. Together with Zambia, the World Bank Group is working to help turn mineral wealth into opportunities for workers, businesses, and communities. Watch the video, then explore the full story behind how minerals power modern life and economic opportunity: https://lnkd.in/eysm3t8R
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Private investment can help deliver resilient infrastructure, sustainable cities, and economic opportunities, but many climate and development projects struggle to secure financing. This event will examine how governments, development institutions, and investors can turn ideas into bankable projects through policy reform, project preparation, financing, guarantees, and risk mitigation. You will hear lessons from sustainable transport, trade finance, and infrastructure, and learn how World Bank Group institutions can work together to mobilize capital and accelerate implementation. Follow us at COP31: https://lnkd.in/eZARWzSp
COP31 | Mobilizing Private Capital for Climate and Development
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NEW REPORT | External debt of developing countries jumped 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021. Access to international finance has improved, but the price of finance has not. Here's what the latest data show: ✅ Private creditors returned in force and bond markets reopened. Bond issuance from public entities rose nearly 35% to $251 billion, the highest level in five years. ✅ External debt grew fastest among the most vulnerable countries, increasing 8.1% to $1.3 trillion in countries eligible for concessional financing from the International Development Association (IDA). ✅ The poorest countries' borrowing faced the highest costs in decades. IDA-eligible countries paid an average of 8.2% on new private-creditor commitments in 2025, the highest rate since 1989. Explore the full International Debt Report for the latest figures and analysis: ➡️ https://lnkd.in/ejzt8Yzp #IDR2026