Dr Richard Hopper

Global Global partnerships partnerships to
leverage leverage effectiveness
effectiveness
• The World Bank, (IBRD and IDA), lends $20 billion each year
– To promote promote economic economic growth and social progress progress in the
developing developing world
• IBRD lends largely to middle-income middle-income developing developing countries countries and finances finances
its operations operations primarily primarily through through bond sales on world capital markets markets
• IDA finances finances projects projects in the world's poorest countries countries and lends on
concessional concessional terms, drawing drawing largely on contributions contributions from its wealthier wealthier
member member countries. countries.
• The Bank also mobilizes mobilizes resources resources to help finance non-lending non-lending technical technical
assistance assistance activities activities to meet the special needs of developing developing countries countries
and emphasizes emphasizes its guarantee guarantee instruments instruments as a catalyst catalyst for private
capital flows.
• The Bank supports supports its efforts by forging effective effective partnerships
partnerships
with the members members of the international international development development and
financial financial community.
community.
– In addition addition to mobilizing mobilizing contributions contributions from donor governments
governments
directly, directly, it works with a broad array of private and public
institutions.
institutions.
– Often, the Bank also co-finances co-finances its projects projects with governments,
governments,
commercial commercial banks, export credit agencies, agencies, multilateral multilateral institutions,
institutions,
private sector investors, investors, and NGOs.