Working for a World Free of Poverty

Who They Are ???

Five Agencies, One Group
The World Bank Group consists of five organizations:

1. The International Bank for Reconstruction and Development (IBRD)lends to governments of middle-income and creditworthy low-income countries. 2. The International Development Association (IDA) provides interest-free loans called credits and grants to governments of the poorest countries.

3. The International Finance Corporation(IFC) provides loans, equity and technical assistance to stimulate private sector investment in developing countries. 4. The Multilateral Investment Guarantee Agency (MIGA) provides guarantees against losses caused by non-commercial risks to investors in developing countries. 5. The International Centre for Settlement of Investment Disputes (ICSID) provides international facilities for conciliation and arbitration of investment disputes.

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.

International Bank for Reconstruction and Development

International Development Association ( IDA )

Established in 1960, IDA aims to reduce poverty by providing interest-free credits and grants for programs that boost economic growth, reduce inequalities and improve peoples living conditions. IDA complements the World Banks other lending armthe International Bank for Reconstruction and Development (IBRD)which serves middle-income countries with capital investment and advisory services.

FY11 Top Ten IDA Borrowers

COUNTRY Bangladesh India Pakistan Veitnam Ethiopia AMOUNT ( $ million ) 2,319 2,072 1,292 1,280 630

International Finance Corporation (IFC)

Creating Opportunity Where It's Needed Most
Strategic Priorities: Strengthening the focus on frontier markets Addressing climate change and ensuring environmental and social sustainability Addressing constraints to private sector growth in infrastructure,health, education, and the food-supply chain Developing local financial markets Building long-term client relationships in emerging markets

Functions of IFC
Investment Services

Advisory Services

IFC Asset Management Company

Multilateral Investment Guarantee Agency ( MIGA )

strategy MIGAs operational strategy plays to our foremost strength in the marketplaceattracting investors and private insurers into difficult operating environments. We focus on insuring investments in the areas where we can make the greatest difference Countries eligible for assistance from the International Development Association (the worlds poorest countries) Complex deals in infrastructure and extractive industries, especially those involving project finance and environmental and social considerations South-South investments (from one developing country to another) Conflict-affected environments

International Centre for Settlement of Investment Disputes ( ICSID )

 ICSID is an autonomous international institution established under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States with over one hundred and forty member States. The primary purpose of ICSID is to provide facilities for conciliation and arbitration of international investment disputes.