World Bank Group
Organization·government·AI Enriched
Relationships:7
Events:0
Library:3
Confidence:
100%
Key Facts
Type
Organization
Sector
government
Industry
Not specified
Status
Draft
Country
United States
Headquarters
Washington, D.C., United States
Founded
1/1/1944
Dissolved
Active
Also Known As
WBGWorld Bank
Tags
international financial institutiondevelopment bankmultilateral organization
Overall Confidence
100%
Internal Notes
No notes
Key Information
Leadership
No leadership added
Positions
No positions added
About
The World Bank Group is a family of five international organizations that serves as an international financial institution providing leveraged loans, grants, and expertise to governments of low- and middle-income countries for capital and global development projects. It is the largest and best-known development bank in the world, with a stated mission to achieve the twin goals of ending extreme poverty and building shared prosperity, which aligns with its broader aim of reducing poverty and promoting sustainable development. The World Bank Group is an observer at the United Nations Development Group.
Key Relationships
Environmental Defense Fund
affiliated
EDF collaborates with the World Bank on initiatives like climate-resilient agriculture, sustainable fisheries, and carbon pricing mechanisms, including joint advisory roles on green bonds and environmental impact assessments for loans.
Since 1990
Paul Wolfowitz
compensated
Paul Wolfowitz was the President of the World Bank from 2005 to 2007, during which he received an annual salary of approximately $377,000 plus benefits and oversaw global poverty alleviation funds amid ethics scandals.
Since 2005
Shaha Riza
affiliated
Riza served in various roles at the World Bank from 1997 to 2007, including as a senior advisor on Middle East and North Africa issues, senior communications officer, and acting manager of external affairs, shaping her expertise in governance and anti-corruption.
Since 1997
Nimrod Raphaeli
paid
Raphaeli worked as a senior economist at the World Bank for over 25 years, focusing on Middle Eastern economic issues, before joining MEMRI.
Since 1973
Nimrod Raphaeli
executive_at
Worked as a senior economist for 25 years, focusing on development economics with likely involvement in Middle East and North Africa region projects before retiring to join MEMRI.
Since 1976
Nimrod Raphaeli
affiliated
Raphaeli worked as an economist at the World Bank for over two decades before joining MEMRI, handling economic analysis that likely influenced his later focus on Arab economies and provided access to global financial networks.
Since 1970