Annual Report 2016 Organizational Information and Lending Data Appendixes Contents Lending Data 4 Africa: World Bank Lending by Theme and Sector 5 East Asia and Pacific: World Bank Lending by Theme and Sector 6 Europe and Central Asia: World Bank Lending by Theme and Sector 7 Latin America and the Caribbean: World Bank Lending by Theme and Sector 8 Middle East and North Africa: World Bank Lending by Theme and Sector 9 South Asia: World Bank Lending by Theme and Sector 10 Africa: World Bank Commitments, Disbursements, and Net Transfers 11 East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers 12 Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers 13 Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers 14 Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers 15 South Asia: World Bank Commitments, Disbursements, and Net Transfers 16 Operations Approved for IBRD and IDA Assistance in Fiscal 2016, by Region and Country 17 World Bank Development Policy Operations 20 World Bank Development Policy Commitments 22 IBRD and IDA Cumulative Lending by Theme and Sector, by Region 23 IBRD and IDA Cumulative Lending, by Country (Fiscal 1945-2016) 25 Active Project Portfolio by Region, Theme, and Sector 30 New Operations Approved 31 Summaries of Operations Approved during Fiscal 2016 32 Income by Region 49 Regional Poverty Estimates (1981-2012) 50 Gross Domestic Product per Capita Index, 2005–15 51 Organizational Information 52 Governors and Alternatives of the World Bank 53 Executive Directors and Alternates of the World Bank and Their Voting Power 58 Development Committee Communique (October 10, 2015) 62 Development Committee Communique (April 16, 2016) 64 Officers of the World Bank 66 Organization Chart of the World Bank (June 13, 2016) 67 Annual Remuneration Disclosure Notice 68 Offices of the World Bank 71 International Bank for Reconstruction and Development Membership 78 International Development Association Membership 83 Country Eligibility for Borrowing from the World Bank 88 World Bank Expenditures by Program 91 2 Contribution: Top-10 Trust Fund Donors 92 Global Reporting Initiative (GRI) Index – G4 Sustainability Reporting 93 World Bank Lending 2016 163 3 Lending Data Africa: World Bank Lending by Theme and Sector 5 East Asia and Pacific: World Bank Lending by Theme and Sector 6 Europe and Central Asia: World Bank Lending by Theme and Sector 7 Latin America and the Caribbean: World Bank Lending by Theme and Sector 8 Middle East and North Africa: World Bank Lending by Theme and Sector 9 South Asia: World Bank Lending by Theme and Sector 10 Africa: World Bank Commitments, Disbursements, and Net Transfers 11 East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers 12 Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers 13 Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers 14 Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers 15 South Asia: World Bank Commitments, Disbursements, and Net Transfers 16 Operations Approved for IBRD and IDA Assistance in Fiscal 2016, by Region and Country 17 World Bank Development Policy Operations 20 World Bank Development Policy Commitments 22 IBRD and IDA Cumulative Lending by Theme and Sector, by Region 23 IBRD and IDA Cumulative Lending, by Country (Fiscal 1945-2016) 25 Active Project Portfolio by Region, Theme, and Sector 30 Africa: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 23 39 93 485 190 Environment and Natural Resources Management 1,005 466 1,176 628 177 Financial and Private Sector Development 1,198 1,042 2,052 1,734 1,541 Human Development 676 699 1,169 2,582 1,541 Public Sector Governance 869 912 887 1,421 949 Rule of Law 22 96 34 6 54 Rural Development 907 1,335 1,727 1,498 1,025 Social Development, Gender, and Inclusion 260 264 246 257 338 Social Protection and Risk Management 939 866 1,057 1,406 2,021 Trade and Integration 372 1,360 741 669 156 Urban Development 1,253 1,167 1,431 881 1,353 Total 7,525 8,245 10,613 11,569 9,346 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 739 970 1,132 947 451 Education 220 626 692 712 809 Energy and Mining 1,374 1,218 1,950 1,010 1,585 Finance 95 36 397 638 250 Health and Other Social Services 1,125 997 967 2,809 2,900 Industry and Trade 332 258 480 342 359 Information and Communications 63 106 76 141 43 Public Administration, Law, and Justice 1,874 1,782 2,140 2,975 1,829 Transportation 351 1,843 1,467 1,239 623 Water, Sanitation, and Flood Protection 1,352 410 1,312 755 497 Total 7,525 8,245 10,613 11,569 9,346 Of which IBRD 147 42 420 1,209 669 Of which IDA 7,379 8,203 10,193 10,360 8,677 Note: Numbers may not add to totals because of rounding. 5 East Asia and Pacific: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 345 92 30 4 151 Environment and Natural Resources Management 781 683 674 793 1,977 Financial and Private Sector Development 1,048 692 1,370 1,270 660 Human Development 466 668 776 332 508 Public Sector Governance 941 675 680 343 475 Rule of Law 0 0 0 0 0 Rural Development 699 1,341 803 1,703 1,399 Social Development, Gender, and Inclusion 83 462 297 162 180 Social Protection and Risk Management 934 514 614 155 1,264 Trade and Integration 273 257 192 78 53 Urban Development 1,057 863 878 1,502 836 Total 6,628 6,247 6,313 6,342 7,500 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 395 185 597 947 671 Education 249 579 557 226 321 Energy and Mining 508 736 827 530 2,093 Finance 537 313 68 501 285 Health and Other Social Services 391 542 487 252 405 Industry and Trade 90 271 258 281 427 Information and Communications 53 35 52 67 0 Public Administration, Law, and Justice 1,988 1,428 1,263 1,166 1,133 Transportation 1,070 1,098 1,870 1,159 1,270 Water, Sanitation, and Flood Protection 1,348 1,061 333 1,212 896 Total 6,628 6,247 6,313 6,342 7,500 Of which IBRD 5,431 3,661 4,181 4,539 5,176 Of which IDA 1,197 2,586 2,131 1,803 2,324 Note: Numbers may not add to totals because of rounding. 6 Europe and Central Asia: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 616 218 338 488 560 Environment and Natural Resources Management 547 382 221 374 694 Financial and Private Sector Development 1,715 1,220 1,375 2,627 3,026 Human Development 837 293 640 591 321 Public Sector Governance 949 608 1,054 310 619 Rule of Law 17 461 66 428 218 Rural Development 104 330 603 352 403 Social Development, Gender, and Inclusion 48 12 0 27 47 Social Protection and Risk Management 355 814 380 1,112 432 Trade and Integration 1,206 737 65 651 809 Urban Development 201 243 786 248 144 Total 6,595 5,320 5,527 7,207 7,272 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 60 199 449 146 44 Education 95 74 90 329 95 Energy and Mining 1,559 332 1,203 1,414 151 Finance 494 1,215 462 930 1,290 Health and Other Social Services 1,202 630 552 905 557 Industry and Trade 229 483 456 858 1,217 Information and Communications 14 5 13 42 30 Public Administration, Law, and Justice 1,545 1,326 1,708 1,069 1,395 Transportation 1,280 916 89 1,118 2,047 Water, Sanitation, and Flood Protection 119 140 507 396 446 Total 6,595 5,320 5,527 7,207 7,272 Of which IBRD 6,233 4,591 4,729 6,679 7,039 Of which IDA 362 729 798 527 233 Note: Numbers may not add to totals because of rounding. 7 Latin America and the Caribbean: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 274 135 65 144 31 Environment and Natural Resources Management 1,032 428 457 146 1,025 Financial and Private Sector Development 382 203 131 260 1,177 Human Development 1,399 995 695 1,100 1,512 Public Sector Governance 864 1,108 1,549 438 1,505 Rule of Law 75 8 0 301 196 Rural Development 816 647 399 329 361 Social Development, Gender, and Inclusion 198 307 394 705 202 Social Protection and Risk Management 794 819 543 1,876 1,188 Trade and Integration 20 212 72 31 553 Urban Development 775 344 763 695 468 Total 6,629 5,204 5,068 6,024 8,218 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 730 324 228 110 132 Education 1,038 639 672 1,033 1,080 Energy and Mining 12 140 54 291 210 Finance 287 154 89 465 567 Health and Other Social Services 606 891 711 1,596 1,374 Industry and Trade 364 164 142 365 1,159 Information and Communications 21 3 0 36 0 Public Administration, Law, and Justice 2,025 2,084 1,841 1,339 1,750 Transportation 1,235 694 746 361 1,101 Water, Sanitation, and Flood Protection 310 111 586 428 845 Total 6,629 5,204 5,068 6,024 8,218 Of which IBRD 6,181 4,769 4,609 5,709 8,035 Of which IDA 448 435 460 315 183 Note: Numbers may not add to totals because of rounding. 8 Middle East and North Africa: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 35 0 46 22 400 Environment and Natural Resources Management 200 78 277 778 711 Financial and Private Sector Development 308 979 862 580 1,358 Human Development 116 300 129 155 124 Public Sector Governance 110 165 427 45 1,562 Rule of Law 11 0 189 0 0 Rural Development 135 237 462 50 236 Social Development, Gender, and Inclusion 109 53 103 344 116 Social Protection and Risk Management 249 147 24 428 30 Trade and Integration 0 40 239 144 100 Urban Development 241 59 30 945 566 Total 1,513 2,058 2,788 3,492 5,201 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 2 203 120 0 308 Education 119 204 0 73 70 Energy and Mining 445 591 210 1,005 1,074 Finance 135 210 773 550 445 Health and Other Social Services 390 243 210 600 141 Industry and Trade 59 88 113 225 424 Information and Communications 0 55 219 0 145 Public Administration, Law, and Justice 286 334 539 418 1,339 Transportation 4 31 431 10 540 Water, Sanitation, and Flood Protection 73 98 174 611 715 Total 1,513 2,058 2,788 3,492 5,201 Of which IBRD 1,433 1,809 2,588 3,294 5,170 Of which IDA 80 249 199 198 31 Note: Numbers may not add to totals because of rounding. 9 South Asia: World Bank Lending by Theme and Sector | Fiscal 2012–16 millions of dollars Theme 2012 2013 2014 2015 2016 Economic Management 0 0 384 2 556 Environment and Natural Resources Management 431 433 1,077 445 297 Financial and Private Sector Development 92 243 2,238 2,025 1,461 Human Development 1,467 1,393 1,783 1,284 909 Public Sector Governance 303 323 655 275 759 Rule of Law 1 25 2 90 0 Rural Development 2,781 762 2,444 1,151 2,681 Social Development, Gender, and Inclusion 549 211 25 241 101 Social Protection and Risk Management 231 797 969 1,600 511 Trade and Integration 0 101 334 154 584 Urban Development 590 186 624 594 505 Total 6,446 4,474 10,535 7,860 8,363 Sector 2012 2013 2014 2015 2016 Agriculture, Fishing, and Forestry 1,208 231 533 876 599 Education 1,237 609 1,446 1,162 688 Energy and Mining 1,103 263 2,446 259 2,090 Finance 216 127 195 970 256 Health and Other Social Services 477 1,061 426 484 324 Industry and Trade 278 168 359 240 569 Information and Communications 7 24 22 36 30 Public Administration, Law, and Justice 1,011 1,037 1,347 1,213 1,166 Transportation 506 553 2,342 1,263 787 Water, Sanitation, and Flood Protection 403 401 1,419 1,357 1,855 Total 6,446 4,474 10,535 7,860 8,363 Of which IBRD 1,158 378 2,077 2,098 3,640 Of which IDA 5,288 4,096 8,458 5,762 4,723 Note: Numbers may not add to totals because of rounding. 10 Africa: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2012–16 millions of dollars Ethiopia Nigeria Kenya Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 1,738 6,717 1,075 6,933 618 3,410 9,345 47,298 Undisbursed balances 4,235 4,235 4,716 4,716 3,461 3,461 30,124 30,124 Gross disbursements 1,103 4,386 832 4,056 489 2,232 7,685 34,493 Repayments 19 70 135 472 111 544 549 2,319 Net disbursements 1,085 4,316 697 3,583 378 1,688 7,135 32,174 Interest and charges 35 127 51 198 44 159 562 1,823 Net transfers 1,050 4,189 646 3,386 333 1,529 6,574 30,352 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 11 East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2012–16 millions of dollars China Vietnam Indonesia Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 1,982 8,219 2,164 8,370 1,700 8,739 7,500 33,029 Undisbursed balances 7,824 7,824 6,605 6,605 3,412 3,412 22,482 22,482 Gross disbursements 1,476 6,881 1,218 6,675 3,168 8,030 6,410 27,199 Repayments 2,103 11,474 127 477 388 2,344 2,912 16,861 Net disbursements -627 -4,593 1,091 6,198 2,779 5,687 3,498 10,338 Interest and charges 137 778 126 484 269 1,353 642 3,216 Net transfers -765 -5,371 965 5,714 2,511 4,333 2,855 7,122 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 12 Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers I Fiscal 2012–16 millions of dollars Ukraine Poland Kazakhstan Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 1,560 4,897 1,504 4,769 2,058 3,493 7,271 32,010 Undisbursed balances 2,205 2,205 551 551 2,534 2,534 14,387 14,387 Gross disbursements 1,204 3,679 1,025 5,373 1,206 3,028 5,531 28,917 Repayments 251 1,267 143 1,146 211 664 3,333 15,517 Net disbursements 953 2,412 883 4,227 995 2,364 2,199 13,401 Interest and charges 46 158 42 338 28 104 536 2,838 Net transfers 907 2,255 841 3,889 967 2,260 1,663 10,563 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 13 Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2012–16 millions of dollars Peru Colombia Argentina Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 2,850 3,625 1,400 4,930 1,000 2,337 8,218 31,144 Undisbursed balances 3,659 3,659 959 959 3,237 3,237 17,589 17,589 Gross disbursements 699 1,443 1,477 4,526 605 3,796 5,552 30,324 Repayments 160 1,635 621 2,723 726 3,408 2,796 16,801 Net disbursements 539 -192 856 1,803 -121 388 2,757 13,522 Interest and charges 43 249 199 1,128 121 654 1,036 5,218 Net transfers 497 -440 657 675 -242 -266 1,720 8,304 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 14 Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 2012–16 millions of dollars Egypt, Arab Rep. Morocco Iraq Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 1,550 4,275 1,050 4,460 1,550 1,905 5,201 15,051 Undisbursed balances 4,358 4,358 1,270 1,270 708 708 8,214 8,214 Gross disbursements 1,026 3,094 1,077 3,806 1,272 1,508 4,471 12,372 Repayments 278 955 163 889 25 49 853 4,229 Net disbursements 748 2,139 914 2,917 1,247 1,459 3,618 8,143 Interest and charges 59 262 50 299 14 32 182 958 Net transfers 689 1,877 864 2,618 1,233 1,427 3,436 7,185 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 15 South Asia: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 2012–16 millions of dollars India Pakistan Bangladesh Total region Item 2016 2012–16 2016 2012–16 2016 2012–16 2016 2012–16 IBRD and IDA commitments 3,845 17,243 2,280 8,263 1,557 7,802 8,363 37,588 Undisbursed balances 17,122 17,122 3,026 3,026 5,696 5,696 28,695 28,695 Gross disbursements 3,042 12,274 1,470 5,481 1,016 3,860 6,085 24,473 Repayments 2,439 9,838 403 1,995 300 1,419 3,283 13,915 Net disbursements 603 2,436 1,068 3,486 716 2,441 2,802 10,558 Interest and charges 311 1,481 141 588 85 419 578 2,682 Net transfers 292 954 927 2,898 631 2,022 2,224 7,876 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2015 and 2016). IBRD and IDA commitments do not include Heavily Indebted Poor Country (HIPC) Initiative grants. Effective fiscal 2005, IBRD and IDA commitments include guarantees and guarantee facilities. Commitments to regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved in the regional project. However, undisbursed balances, gross disbursements, repayments, net disbursements, interest and charges, and net transfers are reported or classified under the individual countries because the individual amounts are covered by separate loan, credit, grant, or guarantee agreements and are guaranteed by the individual countries. Disbursements are made to the individual countries; and principal, interest, and charges are billed to the individual countries. Repayments are made by the individual countries and also include payments from donors under debt service trust funds or debt relief under HIPC and the Multilateral Debt Relief Initiative (MDRI). Numbers may not add to totals because of rounding. 16 Operations Approved for IBRD and IDA Assistance in Fiscal 2016, by Region and Country millions of dollars IBRD IDA Total Region and country Operations Amount Operations Amount Operations Amount Africa Africa 1 20 11 822 12 841 Benin 2 80 2 80 Burkina Faso 4 205 4 205 Burundi 1 55 1 55 Cabo Verde 1 5 1 5 Cameroon 2 170 2 170 Central African 1 20 1 20 Chad 1 50 1 50 Congo, Democrat 4 366 4 366 Congo, Republic 1 80 1 30 2 110 Cote d'Ivoire 1 100 1 100 Eastern Africa 1 148 1 148 Ethiopia 7 1,738 7 1,738 Gabon 5 339 5 339 Gambia, The 1 19 1 19 Ghana 1 200 500 1 700 Guinea 3 67 3 67 Guinea-Bissau 1 10 1 10 Kenya 5 618 5 618 Lesotho 3 55 3 55 Liberia 4 32 4 32 Madagascar 5 253 5 253 Malawi 23 23 Mali 2 100 2 100 Mauritania 2 18 2 18 Mozambique 6 315 6 315 Niger 5 349 5 349 Nigeria 7 1,075 7 1,075 Rwanda 3 285 3 285 Senegal 1 100 1 100 Seychelles 1 5 1 5 Sierra Leone 3 90 3 90 South Sudan 1 40 1 40 Swaziland 1 25 1 25 Tanzania 8 825 8 825 Togo 1 15 1 15 Uganda 1 100 1 100 Total 10 669 99 8,676 109 9,345 East Asia and Pacific Cambodia 4 130 4 130 China 11 1,982 11 1,982 Fiji 1 50 1 50 Indonesia 4 1,700 4 1,700 Kiribati 1 7 1 7 Lao People's De 1 30 1 30 Myanmar 1 400 1 400 Philippines 2 950 2 950 Samoa 1 17 1 17 17 IBRD IDA Total Region and country Operations Amount Operations Amount Operations Amount Solomon Islands 1 2 1 2 Tonga 3 13 3 13 Tuvalu 1 6 1 6 Vanuatu 1 50 1 50 Vietnam 3 494 6 1,670 9 2,164 Total 21 5,176 20 2,324 41 7,500 Europe and Central Asia Albania 1 32 1 32 Armenia 5 196 5 196 Azerbaijan 2 207 2 207 Belarus 2 60 2 60 Bulgaria 1 327 1 327 Central Asia 1 38 1 38 Croatia 1 22 1 22 Georgia 5 289 5 289 Kazakhstan 3 2,058 3 2,058 Kosovo 1 11 1 11 Kyrgyz Republic 2 24 2 24 Macedonia, FYR 2 119 2 119 Moldova 1 13 1 87 2 100 Poland 2 1,504 2 1,504 Romania 1 52 1 52 Serbia 2 175 2 175 Tajikistan 1 10 1 10 Turkey 3 425 3 425 Ukraine 3 1,560 3 1,560 Uzbekistan 2 62 2 62 Total 34 7,039 8 233 42 7,271 Latin America and the Caribbean Argentina 3 1,000 3 1,000 Bolivia 1 166 1 119 2 285 Brazil 4 758 4 758 Chile 2 141 2 141 Colombia 2 1,400 2 1,400 Costa Rica 1 420 1 420 Dominican Republic 3 230 3 230 Ecuador 4 461 4 461 Grenada 1 5 10 1 15 Guyana 4 4 Honduras 1 50 1 50 Jamaica 1 30 1 30 Mexico 2 500 2 500 Panama 1 75 1 75 Peru 4 2,850 4 2,850 Total 29 8,035 2 183 31 8,218 Middle East and North Africa Djiboutia 2 31 2 31 18 IBRD IDA Total Region and country Operations Amount Operations Amount Operations Amount Egypt, Arab Rep. 2 1,550 2 1,550 Iraq 2 1,550 2 1,550 Jordan 1 250 1 250 Morocco 5 1,050 5 1,050 Tunisia 3 770 3 770 Total 13 5,170 2 31 15 5,201 South Asia Afghanistan 1 250 1 250 Bangladesh 9 1,557 9 1,557 India 5 2,820 7 1,025 12 3,845 Nepal 1 20 1 20 Pakistan 2 820 7 1,460 9 2,280 Sri Lanka 5 412 5 412 Total 7 3,640 30 4,723 37 8,363 Overall total 114 29,729 161 16,170 275 45,899 Note: Data include guarantees. Supplemental and additional financing operations (except for projects scaled up through additional financing) are not counted as separate lending operations, although they are included in the amount. Joint IBRD-IDA operations are counted only once, as IBRD operations. A blank space indicates zero. Data as of 7/31/2016 19 World Bank Development Policy Operations | Fiscal 2016 millions of dollars Country Project ID Operation IBRD IDA Total Africa (Regional) P146512 First Regional Development Policy Operation for the Accelerated Program for Economic Integration 20 10 30 Armenia P153234 Third Development Policy Financing Operation 50 0 50 Brazil P146981 Productive and Social Inclusion Development Policy Loan 200 0 200 Brazil P153203 Service Delivery and Fiscal Management Development Policy Loan 150 0 150 Chad P155480 Fiscal Consolidation Program Support Development Policy Grant 0 50 50 Chile P154213 Social Inclusion for Shared Prosperity Development Policy Loan 100 0 100 Colombia P150475 First Sustainable Development and Green Growth Development Policy Loan 700 0 700 Colombia P154821 Second Programmatic Sustained Growth and Income Convergence Development Policy Loan 700 0 700 Côte d'Ivoire P155259 Third Poverty Reduction Support Development Policy Credit 0 100 100 Dominican Republic P155425 Strengthening Management of Public Finances Development Policy Loan 60 0 60 Egypt, Arab Rep. P157704 First Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy 1,000 0 1,000 Financing Fiji P159774 Post-Cyclone Winston Emergency Development Policy Operation 50 0 50 Grenada P151821 Second Programmatic Resilience Building Development Policy Credit and Loan 5 10 15 Guinea P156629 First Macroeconomic and Fiscal Management Operation 0 40 40 Honduras P155920 First Fiscal Sustainability and Enhanced Competitiveness Development Policy Financing 0 50 50 India P157224 First Programmatic Electricity Distribution Reform Development Policy Loan 250 0 250 Indonesia P154291 First Indonesia Sustainable and Inclusive Energy Development Policy Loan 500 0 500 Indonesia P156655 First Indonesia Fiscal Reform Development Policy Loan 400 0 400 Iraq P155962 Emergency Fiscal Sustainability, Energy Sustainability, and State-Owned Enterprise Transparency 1,200 0 1,200 Development Policy Financing Jordan P154299 First Programmatic Energy and Water Sector Reforms Development Policy Loan 250 0 250 Kazakhstan P154702 First Macroeconomic Management and Competitiveness Programmatic Development Policy Loan 1,000 0 1,000 Madagascar P153084 Resilience Development Policy Operation 0 55 55 Mali P151409 Second Recovery and Governance Reform Support Operation 0 50 50 Morocco P149747 Second Inclusive Green Growth Development Policy Loan 300 0 300 Morocco P154041 Second Transparency and Accountability Development Policy Loan 200 0 200 Mozambique P151861 Second Programmatic Financial Sector Development Policy Operation 0 25 25 Mozambique P154422 Eleventh Poverty Reduction Support Development Policy Financing 0 70 70 Niger P151487 First Public Investment Reform Support Credit 0 80 80 Pakistan P152021 Second Power Sector Reform Development Policy Credit 0 500 500 Pakistan P157207 Competitiveness and Growth Development Policy Financing 0 500 500 Peru P154981 Public Expenditure and Fiscal Risk Management Development Policy Financing with a Deferred Drawdown 1,250 0 1,250 Option 20 Country Project ID Operation IBRD IDA Total Peru P156858 Boosting Human Capital and Productivity Development Policy Financing with a Deferred Drawdown Option 1,250 0 1,250 Philippines P155656 Second Disaster Risk Management Development Policy Loan with a Catastrophe-Deferred Drawdown Option 500 0 500 Poland P149781 Second Resilience and Growth Development Policy Loan 1,000 0 1,000 Rwanda P155024 Second Social Protection System Development Policy Credit 0 95 95 Senegal P150976 Third Governance and Growth Support Development Policy Credit 0 50 50 Seychelles P153269 Sustaining Reforms for Inclusive Growth Development Policy Loan 5 0 5 Sierra Leone P157333 Emergency and Fiscal Support Development Policy Operation 0 30 30 Tanzania P150009 First Business Environment for Jobs Development Policy Operation 0 80 80 Tonga P155133 First Inclusive Growth Development Policy Operation 0 2 2 Tunisia P150950 Third Governance, Opportunity, and Jobs Development Policy Loan 500 0 500 Tuvalu P156169 Second Development Policy Operation 0 3 3 Ukraine P151479 Second Development Policy Loan 500 0 500 Ukraine P151941 Second Programmatic Financial Sector Development Policy Loan 500 0 500 Vietnam P155824 Climate Change and Green Growth Development Policy Financing 0 90 90 Vietnam P157405 Third Economic Management and Competitiveness Development Policy Credit 150 0 150 Pakistan P159839 Competitiveness and Growth Development Policy Financing 420 0 420 Total 13,210 1,890 15,100 Note: Numbers may not add to totals because of rounding. 21 World Bank Development Policy Commitments | Fiscal 2012–16 2012 2013 2014 2015 2016 Region ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) Africa 1,325 11 938 10 926 9 2,440 25 760 5 East Asia and Pacific 3,331 27 1,635 18 1,770 17 822 8 1,695 11 Europe and Central Asia 3,934 32 2,529 27 2,506 24 2,562 26 3,050 20 Latin America and the Caribbean 3,434 28 2,875 31 2,832 27 2,930 30 4,475 30 Middle East and North Africa 350 3 1,093 12 1,300 12 430 4 3,450 23 South Asia 0 0 166 2 1,152 11 620 6 1,670 11 Total 12,375 100 9,236 100 10,487 100 9,804 100 15,100 100 World Bank development policy loan commitments IBRD 10,547 85 7,282 79 7,997 76 7,207 74 13,210 87 IDA 1,827 15 1,954 21 2,489 24 2,597 26 1,890 13 Total 12,375 100 9,236 100 10,487 100 9,804 100 15,100 100 World Bank total lending commitments IBRD 20,582 15,249 18,604 23,528 29,729 IDA 14,753 16,298 22,239 18,966 16,171 Total 35,335 31,547 40,843 42,495 45,900 Share of development policy commitments 35 29 26 23 36 Note: Numbers may not add to totals because of rounding. 22 IBRD and IDA Cumulative Lending by Theme and Sector, by Region | Fiscal 2012–16 millions of dollars Region Latin America Middle East East Asia and Europe and and the and North IBRD commitmentsa Africa Pacific Central Asia Caribbean Africa South Asia Total Theme Economic Management 72 431 2,219 589 502 216 4,029 Environment and Natural Resources Management 0 3,321 1,928 3,053 2,019 267 10,588 Financial and Private Sector Development 1,243 4,000 9,592 2,060 3,988 3,284 24,167 Human Development 115 1,691 2,293 5,470 682 326 10,577 Public Sector Governance 523 2,456 3,321 5,294 2,296 640 14,530 Rule of Law 2 0 1,153 572 199 0 1,926 Rural Development 63 3,066 1,105 2,080 994 2,948 10,256 Social Development, Gender, and Inclusion 6 867 109 1,729 636 138 3,485 Social Protection and Risk Management 151 2,737 2,916 4,718 672 227 11,420 Trade and Integration 74 476 3,178 806 469 262 5,265 Urban Development 238 3,944 1,456 2,931 1,837 1,043 11,448 Total 2,486 22,987 29,272 29,303 14,294 9,351 107,693 Sector Agriculture, Fishing, and Forestry 1 1,498 448 1,426 622 164 4,160 Education 90 1,086 526 4,379 342 291 6,714 Energy and Mining 683 3,424 4,430 567 3,294 1,721 14,120 Finance 511 1,395 4,250 1,515 2,096 583 10,350 Health and Other Social Services 97 1,424 3,554 4,839 1,336 8 11,258 Industry and Trade 62 992 3,127 2,129 909 374 7,593 Information and Communications 78 100 80 36 416 11 721 Public Administration, Law, and Justice 832 5,270 6,598 8,470 2,789 727 24,686 Transportation 51 4,477 4,921 3,851 857 3,271 17,429 Water, Sanitation, and Flood Protection 79 3,322 1,336 2,092 1,633 2,201 10,663 Total 2,486 22,987 29,272 29,303 14,294 9,351 107,693 23 Region Latin America Middle East East Asia and Europe and and the and North IDA commitmentsa Africa Pacific Central Asia Caribbean Africa South Asia Total Theme Economic Management 758 190 1 59 0 726 1,734 Environment and Natural Resources Management 3,453 1,614 290 35 25 2,417 7,833 Financial and Private Sector Development 6,325 1,041 371 93 98 2,775 10,704 Human Development 6,538 1,059 390 231 141 6,510 14,869 Public Sector Governance 4,516 657 218 170 13 1,675 7,249 Rule of Law 210 0 37 8 1 118 373 Rural Development 6,420 2,880 685 471 127 6,870 17,454 Social Development, Gender, and Inclusion 1,361 316 25 76 90 988 2,855 Social Protection and Risk Management 6,139 743 177 501 206 3,880 11,646 Trade and Integration 3,223 378 290 82 53 911 4,938 Urban Development 5,847 1,166 165 113 4 1,455 8,751 Total 44,789 10,042 2,649 1,841 757 28,327 88,405 Sector Agriculture, Fishing, and Forestry 4,220 1,297 448 98 11 3,284 9,358 Education 2,968 846 158 83 124 4,851 9,030 Energy and Mining 6,453 1,269 322 140 31 4,439 12,653 Finance 904 310 140 46 18 1,181 2,598 Health and Other Social Services 8,684 653 198 339 248 2,765 12,888 Industry and Trade 1,729 335 116 65 0 1,240 3,483 Information and Communications 350 106 24 25 2 107 614 Public Administration, Law, and Justice 9,761 1,708 444 570 126 5,046 17,655 Transportation 5,473 1,990 529 286 159 2,179 10,617 Water, Sanitation, and Flood Protection 4,247 1,528 271 188 38 3,235 9,507 Total 44,789 10,042 2,649 1,841 757 28,327 88,405 Note: Figures are cumulative since fiscal 2012. Starting fiscal 2005, lending includes guarantees and guarantee facilities. Amounts may not add to totals because of rounding. a. No account is taken of cancellations subsequent to the original commitment. IBRD loans to IFC are excluded. 24 IBRD and IDA Cumulative Lending, by Country | Fiscal 1945–2016 millions of dollars IBRD IDA IBRD/IDA Country Amount Amount Amount Afghanistan 3,272 3,272 Africa (regional) 344 11,294 11,638 Albania 1,112 950 2,062 Algeria 5,892 5,892 Angola 650 1,024 1,674 Antigua and Barbuda 10 10 Argentina 31,614 31,614 Armenia 926 1,408 2,333 Australia 418 418 Austria 106 106 Azerbaijan 2,864 1,128 3,993 Bahamas, The 43 43 Bangladesh 46 25,059 25,105 Barbados 153 153 Belarus 1,486 1,486 Belgium 76 76 Belize 131 131 Benin 1,908 1,908 Bhutan 296 296 Bolivia 580 2,732 3,312 Bosnia and Herzegovina 345 1,440 1,785 Botswana 896 16 912 Brazil 59,595 59,595 Bulgaria 3,260 3,260 Burkina Faso 2 4,020 4,022 Burundi 5 1,901 1,905 Cambodia 1,030 1,030 Cabo Verde 54 372 425 Cameroon 1,348 2,458 3,806 Central Asia 83 83 Central African Republic 743 743 Central America (regional) 32 32 Chad 40 1,283 1,323 Chile 4,297 19 4,316 China 47,864 9,947 57,810 Colombia 23,119 20 23,139 Comoros 177 177 Congo, Dem. Rep. 330 6,642 6,972 Congo, Rep. 342 603 945 Costa Rica 2,256 6 2,262 Côte d'Ivoire 2,888 3,788 6,675 Croatia 4,252 4,252 Cyprus 419 419 25 IBRD IDA IBRD/IDA Country Amount Amount Amount Czech Republic 776 776 Denmark 85 85 Djibouti 255 255 Dominica 7 40 46 Dominican Republic 2,368 22 2,390 East Asia (regional) 17 17 Ecuador 4,118 37 4,155 Egypt, Arab Rep. 14,767 1,984 16,751 El Salvador 2,323 26 2,348 Equatorial Guinea 45 45 Eritrea 549 549 Estonia 151 151 Ethiopia 109 16,181 16,289 Fiji 253 253 Finland 317 317 France 250 250 Gabon 624 624 Gambia, The 382 382 Georgia 1,123 1,550 2,672 Ghana 407 9,182 9,589 Greece 491 491 Grenada 32 72 104 Guatemala 3,368 3,368 Guinea 75 1,808 1,884 Guinea-Bissau 428 428 Guyana 80 395 475 Haiti 3 1,651 1,654 Honduras 717 2,295 3,012 Hungary 5,661 5,661 Iceland 47 47 India 55,556 50,424 105,980 Indonesia 49,294 2,875 52,169 Iran, Islamic Rep. 3,413 3,413 Iraq 2,311 509 2,820 Ireland 153 153 Israel 285 285 Italy 400 400 Jamaica 2,645 2,645 Japan 863 863 Jordan 3,930 85 4,016 Kazakhstan 9,097 9,097 Kenya 1,181 9,288 10,469 Kiribati 65 65 Korea, Rep. 15,587 111 15,698 Kosovo 191 191 Kyrgyz Republic 1,276 1,276 26 IBRD IDA IBRD/IDA Country Amount Amount Amount Lao PDR 1,404 1,404 Latvia 985 985 Lebanon 2,083 2,083 Lesotho 155 658 813 Liberia 156 1,146 1,302 Lithuania 491 491 Luxembourg 12 12 Macedonia, FYR 1,455 379 1,833 Madagascar 33 4,019 4,052 Malawi 124 3,694 3,818 Malaysia 4,151 4,151 Maldives 188 188 Mali 2 3,382 3,384 Malta 8 8 Marshall Islands 11 11 Mauritania 146 1,156 1,302 Mauritius 828 20 848 Mexico 54,565 54,565 Micronesia, Fed 53 53 Moldova 395 855 1,250 Mongolia 672 672 Montenegro 310 75 385 Morocco 15,780 51 15,831 Mozambique 6,128 6,128 Myanmar 33 2,706 2,739 Namibia 15 15 Nepal 4,522 4,522 Netherlands 244 244 New Zealand 127 127 Nicaragua 234 1,895 2,128 Niger 2,742 2,742 Nigeria 7,143 13,251 20,394 Norway 145 145 OECSa countries 95 177 271 Oman 157 157 Pacific Islands 13 13 Pakistan 9,182 20,754 29,935 Panama 2,706 2,706 Papua New Guinea 787 485 1,271 Paraguay 1,606 46 1,651 Peru 12,934 12,934 Philippines 18,249 294 18,543 Poland 16,159 16,159 Portugal 1,339 1,339 Romania 12,899 12,899 Russian Federation 14,151 14,151 27 IBRD IDA IBRD/IDA Country Amount Amount Amount Rwanda 3,197 3,197 Samoa 259 259 São Tomé and Príncipe 109 109 Senegal 165 4,095 4,260 Serbia 2,324 689 3,013 Seychelles 62 62 Sierra Leone 19 1,271 1,290 Singapore 181 181 Slovak Republic 425 425 Slovenia 178 178 Solomon Islands 113 113 Somalia 492 492 South Africa 4,053 4,053 South Asia (regional) 766 766 Southeastern Europe (regional) 10 91 101 South Sudan 164 164 Spain 479 479 Sri Lanka 526 5,485 6,011 St. Kitts and Nevis 23 2 25 St. Lucia 37 70 107 St. Vincent and the Grenadines 12 59 71 Sudan 166 1,353 1,519 Swaziland 177 8 185 Syrian Arab Republic 613 47 661 Taiwan, China 329 15 345 Tajikistan 799 799 Tanzania 319 11,940 12,259 Thailand 9,143 125 9,268 Timor-Leste 15 83 98 Togo 20 1,170 1,190 Tonga 139 139 Trinidad and Tobago 334 334 Tunisia 8,666 75 8,741 Turkey 38,237 179 38,416 Turkmenistan 90 90 Tuvalu 42 42 Uganda 9 8,377 8,386 Ukraine 11,799 11,799 Uruguay 4,223 4,223 Uzbekistan 1,207 1,447 2,655 Vanuatu 130 130 Venezuela, RB 3,328 3,328 Vietnam 3,312 18,916 22,228 Yemen, Rep. 3,872 3,872 Yugoslavia 6,091 6,091 Zambia 679 3,670 4,349 28 IBRD IDA IBRD/IDA Country Amount Amount Amount Zimbabwe 983 662 1,645 Overall total 658,736 326,070 984,807 Note: Effective fiscal 2005, lending includes guarantees and guarantee facilities. Commitments in regional projects are classified in this table as regional projects and are not counted as commitments of the individual countries involved under the regional project. IDA figures exclude the HIPC grants of $45.5 million to Côte d'Ivoire in fiscal 2009. A blank space indicates zero. Project counts for countries are not included in this table, as approved operations may be reclassified as supplemental or additional financing operations during the life of the project. Consequently, total project counts may fluctuate from year to year. The commitment totals to countries, however, remain constant regardless of the project's classification. a. OECS = Organization of Eastern Caribbean States. 29 Active Project Portfolio by Region, Theme, and Sector | June 30, 2016 Net commitments Region ($ billions) (percent) Africa 56.6 27 East Asia and Pacific 32.8 16 Europe and Central Asia 27.3 13 Latin America and the Caribbean 29.0 14 Middle East and North Africa 14.7 7 South Asia 48.6 23 Other 0.1 0 Total 209.1 100 Net commitments Theme ($ billions) (percent) Economic Management 2.3 1 Environment and Natural Resources Management 25.5 12 Financial and Private Sector Development 38.9 19 Human Development 26.2 13 Public Sector Governance 12.6 6 Rule of Law 1.3 1 Rural Development 33.8 16 Social Development, Gender, and Inclusion 6.4 3 Social Protection and Risk Management 20.0 10 Trade and Integration 14.4 7 Urban Development 27.8 13 Total 209.1 100 Net commitments Sector ($ billions) (percent) Agriculture, Fishing, and Forestry 16.6 8.0 Education 15.6 7.5 Energy and Mining 33.7 16.1 Finance 7.8 3.7 Health and Other Social Services 21.6 10.3 Industry and Trade 8.8 4.2 Information and Communications 1.7 0.8 Public Administration, Law, and Justice 32.4 15.5 Transportation 43.6 20.9 Water, Sanitation, and Flood Protection 27.2 13.0 Total 209.1 100 Note: Portfolio of projects includes IBRD/IDA operations as well as other trust-funded operations (that is, special financing operations, global environment facility operations, large recipient-executed operations, Montreal protocol operations) that are implemented by the World Bank. 30 New Operations Approved Summaries of Operations Approved during Fiscal 2016, All Regions 32 Summaries of Operations Approved during Fiscal 2016 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) East Africa Public Health Laboratory Networking Project (Additional Africa Financing) establishes a network of efficient, high quality, and accessible public 2021/2053 c AFR f P153665 7/7/2015 IPF Yes - Yes - 50.0 - - (Regional) health laboratories for the diagnosis and surveillance of tuberculosis and other - g communicable diseases. Great Lakes Region Trade Facilitation Project facilitates cross-border trade by Africa 2021/2053 c AFR increasing the capacity for commerce and reducing the costs faced by traders, P151083 9/25/2015 IPF - - - - 79.0 - - (Regional)g - g especially small-scale and women traders. Regional Program to Harmonize and Modernize Living Conditions Surveys Project supports the West African Economic and Monetary Union Commission to Africa AFR strengthen the capacity of its member countries to conduct living-conditions surveys P153702 4/6/2016 - g IPF - - Yes - 40.5 - - (Regional)h that meet harmonized, regional standards and to make the collected micro-data publicly accessible. First Regional Development Policy Operation for the Accelerated Program for Africa Economic Integration (APEI) improves the policy environment for APEI countries 2022/2053 c AFR i P146512 4/7/2016 DPF - - Yes 19.9 10.0 - - (Regional) by removing barriers to trade in goods, promoting trade in services, and enhancing 2021/2041 l measures to facilitate trade. West Africa Agricultural Productivity Program (Second Phase, Additional Africa AFR Financing) scales-up the generation, dissemination, and adoption of improved P158265 5/17/2016 2022/2054 c IPF Yes - Yes - 20.0 14.8 - (Regional)j technologies in the participating countries' priority agricultural commodity areas. Southern Africa Tuberculosis and Health Systems Support Project improves Africa coverage and quality of tuberculosis control and occupational lung disease services 2021/2054 c AFR k P155658 5/26/2016 IPF - - Yes - 122.0 - - (Regional) in targeted geographic areas and strengthens regional capacity to manage the - g burden of tuberculosis and occupational diseases. Eastern and Southern Africa Higher Education Centers of Excellence Project Africa strengthens selected Eastern and Southern African higher-education institutions to 2021/2054 c AFR P151847 5/26/2016 IPF - - Yes - 148.0 - - (Regional)l deliver quality post-graduate education and build collaborative research capacity in - g regional priority areas. Great Lakes Region Displaced Persons and Border Communities Project Africa AFR improves access to livelihoods and socioeconomic infrastructure for displaced P152821 5/27/2016 2021/2041 c IPF - - Yes - 20.0 - - (Regional)m people and host communities in targeted areas. Development Response to Displacement Impacts in the Horn of Africa Project Africa improves access to basic social services, expands economic opportunities, and 2021/2054 c AFR n P152822 5/31/2016 IPF - - Yes - 175.0 - - (Regional) enhances environmental management for communities hosting refugees in the - g targeted areas of Djibouti, Ethiopia, and Uganda. Regional Great Lakes Integrated Agriculture Development Project increases Africa agricultural productivity and commercialization in targeted areas, improves AFR P143307 6/21/2016 2022/2054 c IPF - - Yes - 150.0 - - (Regional)o agricultural regional integration, and provides for an immediate and effective response to an eligible crisis or emergency. Regional Disease Surveillance Systems Enhancement Program in West Africa Africa strengthens national and regional cross-sectoral capacity for collaborative disease 2022/2054 c AFR p P154807 6/28/2016 IPF - - Yes - 110.0 21.0 - (Regional) surveillance and epidemic preparedness in West Africa, and provides for an - g immediate and effective response to an eligible crisis or emergency. Cross-Border Tourism and Competitiveness Project contributes to increased AFR Benin cross-border tourism and private sector investment in selected tourism destinations P149117 3/25/2016 2022/2054 c IPF - - Yes - 50.0 36.8 - and value chains. Public Investment Management and Governance Support Project improves AFR Benin efficiency in public investment management and enhances the performance of P147014 6/23/2016 2022/2054 c IPF - - Yes - 30.0 21.2 - selected institutions of accountability. Public Sector Modernization Program-for-Results improves selected service AFR Burkina Faso standards in targeted regions of the ministries responsible for primary education, P132216 7/9/2015 2021/2053 c PforR - - Yes - 40.0 28.3 - justice, labor, and civil service. Economic Governance and Citizen Engagement Project enhances domestic revenue mobilization and improves the use of public resources by strengthening AFR Burkina Faso P155121 2/18/2016 2022/2054 c IPF - - Yes - 30.0 22.6 - accountability mechanisms, revenue collection systems, and public expenditure management. Reproductive Health Project (Additional Financing) improves the utilization and AFR Burkina Faso quality of maternal and child health, reproductive health, and HIV/AIDS services P153104 3/15/2016 - g IPF Yes - - - 35.0 - - with a particular focus on the poor and vulnerable. Transport and Urban Infrastructure Development Project improves mobility and AFR Burkina Faso access to infrastructure in targeted urban and rural areas and provides for an P151832 6/13/2016 2022/2054 c IPF - - - - 100.0 70.3 - immediate and effective response to an eligible crisis or emergency. 32 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Coffee Sector Competitiveness Project increases coffee productivity and AFR Burundi P151869 6/17/2016 - g IPF - - Yes - 55.0 - - improves its quality among small-scale coffee growers. Competitiveness for Tourism Development Project creates the conditions AFR Cabo Verde P146666 5/10/2016 2026/2056 c IPF - - - - 5.0 - - necessary to increase investment in and diversification of the tourism sector. Community Development Program Support Project (Third Phase) strengthens local public finance management and participatory development processes in AFR Cameroon P144637 9/29/2015 2021/2040 c IPF - - Yes - 70.0 - - communes for the delivery of quality and sustainable social and economic infrastructure. Health System Performance Reinforcement Project increases utilization and AFR Cameroon improves the quality of health services with a particular focus on reproductive, P156679 5/3/2016 2021/2041 c IPF - - Yes - 100.0 - - maternal, child, and adolescent health and nutrition services. Central African LONDO ("Stand-Up") Project provides temporary employment to vulnerable AFR P152512 7/30/2015 - g IPF - - - - 20.0 - - Republic people throughout the entire territory of the country. Fiscal Consolidation Program Support Development Policy Grant helps the AFR Chad government maintain fiscal and macroeconomic stability, including by protecting P155480 12/10/2015 - g DPF - - - - 50.0 - - critical government programs and setting the basis for medium-term reforms. Statistics Development Project strengthens the capacity of the National Statistical AFR Congo, Dem. Rep. P150148 8/28/2015 - g IPF - - Yes - 45.0 - - System to produce and disseminate core economic and social statistics. Eastern Recovery Project (Additional Financing) improves access to livelihoods 2021/2053 c AFR Congo, Dem. Rep. and socioeconomic infrastructure in vulnerable communities in the eastern P157303 12/11/2015 IPF Yes - - - 50.0 - - - g provinces of the country. High-Priority Roads Reopening and Maintenance Project (Second Additional AFR Congo, Dem. Rep. Financing) re-establishes lasting road access between provincial capitals, districts, P153836 2/18/2016 2022/2053 c IPF Yes - - - 125.0 - - and territories in a manner that is sustainable for the natural environment. Urban Water Supply Project (Additional Financing) increases access to AFR Congo, Dem. Rep. sustainable water services in selected urban areas and improves the operational P155266 2/25/2016 - g IPF Yes - Yes - 166.0 - - performance and viability of the project implementing entity. Human Development Systems Strengthening Project (Additional Financing) AFR Congo, Dem. Rep. strengthens select management systems for education and health services in P156421 3/29/2016 - g IPF Yes - Yes - 30.0 - - targeted geographic areas. Urban Development and Poor Neighborhood Upgrading Project improves access to infrastructure and basic services for people living in selected unplanned AFR Congo, Rep. P146933 2/18/2016 2026/2044 l IPF - - Yes 80.0 - - - settlements in Brazzaville and Pointe Noire, and strengthens government and municipal capacity for urban upgrading. Education Sector Support Project improves the education outcome of primary AFR Congo, Rep. and lower secondary school children and increases the effectiveness of select P152910 4/28/2016 2021/2041 c IPF - - Yes - 30.0 22.2 - management systems. Third Poverty Reduction Support Development Policy Credit strengthens AFR Côte d'Ivoire governance, improves public administration, and facilitates private-sector led P155259 9/29/2015 2021/2040 c DPF - - Yes - 100.0 71.6 - growth. Africa Higher Education Centers of Excellence Project (Additional Financing) promotes regional specialization among participant universities in areas that AFR Côte d'Ivoire P153111 9/29/2015 2020/2040 c IPF Yes - Yes - 15.0 10.8 - address regional challenges and strengthens the capacities of these universities to deliver quality training and applied research. Tana Beles Integrated Water Resources Development Project (Additional Financing) develops enabling institutions and investments for integrated planning, AFR Ethiopia P154680 8/25/2015 2021/2053 c IPF Yes - Yes - 5.1 - - management, and development in the Tana and Beles Sub-basins for integrated water resources development. Enhancing Shared Prosperity through Equitable Services Program-for- AFR Ethiopia Results improves equitable access to basic services and strengthens P151432 9/15/2015 2022/2053 c PforR - - Yes - 600.0 - - accountability systems at the decentralized level. Urban Productive Safety Net Project supports the government to increase the AFR Ethiopia income of targeted households living below the poverty line in selected urban P151712 12/16/2015 2022/2053 c IPF - - Yes - 300.0 - - areas. Public Financial Management Project improves efficiency, transparency, and AFR Ethiopia P150922 2/26/2016 2022/2053 c IPF - - - - 33.0 - - accountability of public expenditures at the federal and regional levels. Small and Medium Enterprise Finance Project increases access to finance for AFR Ethiopia P148447 5/17/2016 2022/2054 c IPF - - - - 200.0 - - eligible small and medium enterprises in the country. 33 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Electricity Network Reinforcement and Expansion Project (Additional AFR Ethiopia Financing) improves the reliability of the electricity network and increases access P155563 5/27/2016 2022/2054 c IPF Yes - Yes - 200.0 - - to electricity services in the country. Transport Systems Improvemnt Project improves mobility along selected AFR Ethiopia corridors in Addis Ababa and the effectiveness of road safety compliance systems P151819 6/3/2016 2022/2054 c IPF - - - - 300.0 - - throughout Ethiopia. Productive Safety Nets Project (Additional Financing) increase access to AFR Ethiopia effective safety net and disaster risk management systems and to complementary P158770 6/30/2016 2022/2054 c IPF Yes - Yes - 100.0 - - livelihood and nutrition services for food-insecure households in rural areas. Access to Basic Services in Rural Areas and Capacity Building Project AFR Gabon expands access to water and energy services in targeted rural areas and P144135 9/17/2015 2020/2035 l IPF - - Yes 60.0 - - - establishes mechanisms to improve sustainability of service provision. Second Infrastructure and Local Development Project improves access to AFR Gabon urban infrastructure and services in selected underserviced neighborhoods and P151077 12/10/2015 2021/2035 l IPF - - Yes 100.0 - - - builds basic capacities for municipal management in targeted cities. Skills Development and Employability Project improves effectiveness of AFR Gabon vocational training, short-term skills development, and entrepreneurship programs P146152 2/10/2016 2021/2035 l IPF - - Yes 100.0 - - - in key growth sectors. eGabon Project improves the timeliness and availability of information to support the delivery and management of public health services, and fosters the AFR Gabon P132824 6/3/2016 2021/2036 l IPF - - Yes 56.0 - - - development and roll-out of eHealth applications and services specifically and information and communication services more generally. Central African Backbone Program (Phase Four, Additional Financing) AFR Gabon increases the geographical reach and usage of regional broadband network P158299 6/29/2016 2021/2036 l IPF Yes - Yes 23.0 - - - services and reduces their price in the country. Gambia Electricity Support Project increases the availability and reliability of 2022/2054 c AFR Gambia, The P152659 5/10/2016 IPF - - Yes - 18.5 - - electricity supply for existing customers. - g Sankofa Gas Project increases the availability of natural gas for clean power AFR Ghana P152670 7/30/2015 - gu IPF - - - 200.0 500.0 - - generation by leveraging private capital investment. Third Village Community Support Project strengthens the local government financing system and improves local service delivery in rural communes and AFR Guinea P156422 5/31/2016 2022/2054 c IPF - - Yes - 15.0 - - provides an immediate and effective response in the event of an eligible emergency or crisis. Productive Social Safety Nets Project (Additional Financing) provides income AFR Guinea support to vulnerable groups and lays the foundations of a social safety net strategy P156484 5/31/2016 - g IPF Yes - Yes - 12.0 - - by testing some of the building blocks necessary for a larger system. Macroeconomic and Fiscal Management Development Policy Operation AFR Guinea supports the post-Ebola recovery and improves public finances, mining sector P156629 6/17/2016 2022/2054 c DPF - - Yes - 40.0 - - tranparency, and the financial health of the energy sector. Rural Community-Driven Development Project (Second Additional Financing) AFR Guinea-Bissau increases access to priority basic social and economic infrastructure and services in P151443 5/10/2016 - g IPF Yes - Yes - 10.0 - - participating communities in at least two regions of the country. Kenya Statistics Program-for-Results supports the National Bureau of Statistics AFR Kenya to generate better and more accessible data to inform policy-makers and P149718 9/10/2015 2021/2053 c PforR - - Yes - 50.0 - - contributes to strengthening its capacity. Devolution Support Program-for-Results strengthens capacity of core national AFR Kenya P149129 3/15/2016 2022/2053 c PforR - - Yes - 200.0 - - and county institutions to improve delivery of devolved services at the county level. Youth Employment and Opportunities Project increases employment and AFR Kenya P151831 5/20/2016 2022/2054 c IPF - - Yes - 150.0 - - earnings opportunities for targeted youths. Electricity Expansion Project (Additional Financing) increases the capacity, AFR Kenya efficiency, and quality of electricity supply and expands access to electricity in P153179 6/15/2016 2022/2054 c IPF Yes - - - 68.0 - - urban, peri-urban, and rural areas. Transforming Health Systems for Universal Care Project improves utilization AFR Kenya and quality of primary health care services with a focus on reproductive, maternal, P152394 6/15/2016 2022/2054 g IPF - - Yes - 150.0 - - newborn, child, and adolescent health services. Public Sector Modernisation Project strengthens strategic-level planning and AFR Lesotho improves efficiency in the fiscal and human resources management of selected P152398 3/24/2016 2021/2041 c IPF - - Yes - 10.0 - - ministries. Education Quality for Equality Project improves basic education service delivery AFR Lesotho P156001 5/26/2016 2021/2041 c IPF - - Yes - 25.0 - - and student retention in targeted schools. 34 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Social Assistance Project supports the government in improving the efficiency AFR Lesotho P151442 6/3/2016 2021/2041 c IPF - - Yes - 20.0 - - and equity of selected social assistance programs. Youth Opportunities Project improves access to income generation opportunities AFR Liberia for targeted youth and strengthens the government's capacity to implement its cash P146827 11/6/2015 2022/2053 c IPF - - Yes - 10.0 - - transfer program. Renewable Energy Access Project increases access to electricity and fosters the AFR Liberia P149683 1/11/2016 2022/2053 c IPF - - - - 2.0 - - use of renewable energy sources. Urban Water Supply Project increases access to piped water supply services in AFR Liberia the project area and improves the operational efficiency of the Liberian Water and P155947 3/24/2016 2022/2053 c IPF - - Yes - 10.0 - - Sewer Corporation. Social Safety Nets Project establishes the key building blocks of a basic national AFR Liberia safety net delivery system and provides income support to households who are P155293 4/28/2016 2022/2054 c IPF - - Yes - 10.0 - - both extremely poor and food insecure in the country. Social Safety Net Project increases the access of extremely poor households to AFR Madagascar P149323 9/16/2015 2022/2053 c IPF - - Yes - 40.0 - - safety net services and in laying the foundations for a social protection system. Resilience Development Policy Operation strengthens reporting and increases the availability of information relevant to assessing the effectiveness of public AFR Madagascar P153084 12/10/2015 2022/2053 c DPF - - Yes - 55.0 - - finance, and improves payroll management and consolidates accounts in line with the treasury single account principle. Agriculture Rural Growth and Land Management Project improves rural land tenure security and access to markets of targeted farming households in selected AFR Madagascar P151469 3/22/2016 2022/2053 c IPF - - Yes - 53.0 - - agricultural value chains, and provides for an immediate and effective response to an eligible crisis or emergency. Electricity Sector Operations and Governance Improvement Project improves the operation performance of the national electricity utility, improves the reliability of AFR Madagascar P151785 3/22/2016 2022/2053 c IPF - - Yes - 65.0 - - the electricity supply, and provides for an immediate and effective response to an eligible crisis or emergency. Public Sector Performance Project improves revenue management and local AFR Madagascar P150116 6/13/2016 2022/2054 c IPF - - Yes - 40.0 - - service delivery nationwide and in the education sector in selected regions. Nutrition and HIV/AIDS Project (Additional Financing) increases coverage of AFR Malawi selected nutrition and HIV/AIDS services and strengthens disease outbreak P156129 6/23/2016 - g IPF Yes - Yes - 22.6 - - preparedness in project areas. Second Recovery and Governance Reform Support Operation deepens AFR Mali executive accountability and transparency, and improves public finance P151409 12/10/2015 2022/2053 c DPF - - Yes - 50.0 35.1 - performance. Urban Water Supply Project (Additional Financing) increases access to 2022/2054 c AFR Mali P157438 6/28/2016 IPF Yes - Yes - 50.0 - - sustainable water services in selected urban areas. - g Nouadhibou Eco-Seafood Cluster Project supports the development of a AFR Mauritania seafood cluster that promotes sustainable management of fisheries and generates P151058 3/24/2016 - g IPF - - Yes - 7.8 - - value for the communities. Public Sector Governance Project improves monitoring and transparency of AFR Mauritania selected government entities and the administration of property and mining P146804 3/28/2016 - g IPF - - - - 10.3 - - taxation. Education Sector Support Project (Additional Financing) improves access to AFR Mozambique P151185 7/24/2015 - g IPF Yes - Yes - 50.0 - - and the quality and equity of education. Emergency Resilient Recovery Project for the Northern and Central Regions restores the functionality of critical infrastructure in a resilient manner in the disaster- AFR Mozambique P156559 9/29/2015 2022/2053 c IPF - - Yes - 40.0 - - affected provinces, and improves the government's capacity to respond promptly and effectively to an eligible crisis or emergency. Second Programmatic Financial Sector Development Policy Operation AFR Mozambique reinforces financial stability, increases access to finance by households and firms, P151861 9/29/2015 2022/2053 c DPF - - Yes - 25.0 - - and enhances the development of long-term financial markets. Eleventh Poverty Reduction Support Development Policy Operation improves the business climate and increases transparency in the management of extractive 2022/2053 c AFR Mozambique P154422 12/22/2015 DPF - - Yes - 70.0 - - industries; strengthens social protections; and enhances public finance - g management. Second Water Service and Institutional Support Project increases water service coverage in key cities, strengthens the institutional and regulatory capacity for 2022/2053 c AFR Mozambique P149377 3/29/2016 IPF - - Yes - 90.0 - - water supply services, and provides for an immediate and effective response to an - g eligible crisis or emergency. 35 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Agriculture and Natural Resources Landscape Management Project integrates rural households into sustainable agriculture and forest-based value chains in the 2022/2054 c AFR Mozambique P149620 6/30/2016 IPF - - Yes - 40.0 - - project area, and provides for an immediate and effective response to an eligible - g crisis or emergency. Public Investment Reform Support Credit strengthens public finance management and public investment systems; improves the management of the AFR Niger P151487 12/3/2015 2022/2053 c DPF - - - - 80.0 55.0 - public irrigation sector; and enhances the institutional framework for the electricity sector. Electricity Access Expansion Project increases access to electricity in the 2022/2053 c AFR Niger P153743 12/16/2015 IPF - - Yes - 65.0 39.1 - country. - g Adaptive Social Safety Nets Project (Additional Financing) establishes and supports an effective and adaptive social safety net system that will increase AFR Niger P155846 4/7/2016 - g IPF Yes - Yes - 22.5 - - access by poor and vulnerable people to cash transfer and cash-for-work programs. Climate-Smart Agriculture Support Project enhances adaptation to climate risks, AFR Niger improves agricultural productivity among the targeted communities, and provides P153420 5/26/2016 2022/2054 c IPF - - Yes - 111.0 - - for an immediate and effective response to an eligible crisis or emergency. Urban Water and Sanitation Project (Additional Financing) increases access to 2022/2054 c AFR Niger sustainable water services and improves sanitation services in selected urban P159240 6/30/2016 IPF Yes - Yes - 70.0 - - - g areas. National Social Safety Nets Project provides access to targeted transfers to poor AFR Nigeria P151488 6/7/2016 2021/2041 c IPF - - Yes - 500.0 - - and vulnerable households under an expanded national social safety nets system. State Education Program Investment Project (Additional Financing) strengthens the educational system by supporting need-based teacher deployment, AFR Nigeria P157890 6/7/2016 2021/2041 c IPF Yes - Yes - 100.0 - - school-level management and accountability, and measurement of student learning in the participating states. Community and Social Development Project (Additional Financing) increases access by poor people, and particularly the internally displaced and vulnerable AFR Nigeria P157898 6/7/2016 2021/2041 c IPF Yes - Yes - 75.0 - - people in the northeast of Nigeria, to improved social and natural resource infrastructure services in a sustainable manner. Youth Employment and Social Support Operation (Additional Financing) increases access of the poor and vulnerable to youth employment opportunities in AFR Nigeria all participating states using improved social safety net systems, and provides P157899 6/7/2016 2021/2041 c IPF Yes - Yes - 100.0 - - targeted cash transfers to the poor, vulnerable, and internally displaced people in the northeast states. State Health Investment Project (Additional Financing) increases the delivery and use of high-impact maternal and child health interventions and improves the AFR Nigeria P157977 6/7/2016 2021/2041 c IPF Yes - Yes - 125.0 - - quality of care available to the people in Nasarawa and Ondo and all the states in the northeast. Third National Fadama Development Project (Additional Financing) increases the incomes for users of rural lands and water resources in a sustainable manner AFR Nigeria P158535 6/7/2016 2021/2041 c IPF Yes - Yes - 50.0 - - and contributes to the restoration of livelihoods of conflict-affected households in the selected areas. Polio Eradication Support Project (Additional Financing) assists the government to achieve and sustain at least 80 percent coverage with oral polio AFR Nigeria P158557 6/7/2016 2021/2041 c IPF Yes - Yes - 125.0 - - vaccine immunization in every state in the country and to sustain national routine immunization coverage. Second Social Protection System Development Policy Credit supports the AFR Rwanda government to improve the efficiency, accountability, and coverage of its social P155024 12/1/2015 2022/2053 c DPF - - Yes - 95.0 - - protection system. Electricity Sector Strengthening Project enhances the operational efficiency of AFR Rwanda P150634 12/14/2015 2022/2053 c IPF - - Yes - 95.0 - - the utility and increases electricity access. Urban Development Project provides access to basic infrastructure and enhances AFR Rwanda P150844 3/29/2016 2022/2054 c IPF - - Yes - 95.0 - - urban management in selected urban centers of the participating districts. Third Governance and Growth Support Development Policy Credit supports AFR Senegal government efforts to improve economic governance and promote growth through P150976 7/23/2015 2021/2053 c DPF - - Yes - 50.0 - - private-sector development. Transport and Urban Mobility Project (Additional Financing) improves effective AFR Senegal road management and maintenance, both at a national level and in urban areas, P153078 11/6/2015 2022/2053 c IPF Yes - - - 50.0 - - and improves public urban transport in the Greater Dakar Area. Sustaining Reforms for Inclusive Growth Development Policy Loan raises the AFR Seychelles P153269 10/23/2015 2028/2042 l DPF - - Yes 5.0 - - - efficiency of public expenditure and improves the business environment. 36 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Social Safety Nets Project (Additional Financing) establishes the key building AFR Sierra Leone blocks for a basic national safety net system and provides income support to P154454 8/6/2015 - g IPF Yes - Yes - 10.0 - - extremely poor households. Emergency Economic and Fiscal Support Development Policy Operation (Supplemental Financing) supports and strengthens government management of AFR Sierra Leone P157333 12/8/2015 - g DPF - - Yes - 30.0 - - public resources in response to the Ebola Virus Disease crisis and macroeconomic and fiscal shocks therefrom. Smallholder Commercialization and Agribusiness Development Project promotes smallholder commercialization by fostering productive business linkages AFR Sierra Leone P153437 2/18/2016 2022/2053 c IPF - - Yes - 40.0 - - between smallholder farmers and selected agribusiness firms and other commodity off-takers. Health Services Delivery and System Support Project increases the utilization AFR Sierra Leone and improves the quality of essential maternal and child health services in selected P153064 6/23/2016 2022/2054 c IPF - - Yes - 10.0 - - districts. Health Rapid Results Project (Additional Financing) improves the delivery of high-impact primary health care services in Upper Nile and Jonglei states and AFR South Sudan P156917 6/27/2016 - g IPF Yes - Yes - 40.0 - - strengthens the coordination, monitoring, and evaluation capacities of the Ministry of Health. Private Sector Competitiveness Project supports an improved investment AFR Swaziland climate and strengthens competitiveness of firms, especially in the agribusiness P151433 11/30/2015 2021/2045 l IPF - - Yes 25.0 - - - and tourism sectors. Business Environment for Jobs Development Policy Operation increases the job creation potential of the country's private sector by reducing the overall cost of AFR Tanzania P150009 9/3/2015 2022/2053 c DPF - - Yes - 80.0 - - doing business and by creating an enabling environment for selected labor- intensive industries. Southern Agricultural Growth Corridor of Tanzania Investment Project increases the adoption of new technologies and marketing practices by smallholder AFR Tanzania P125728 3/10/2016 2022/2054 c IPF - - Yes - 70.0 - - farmers through expanding and creating partnerships between smallholder farmers and agribusinesses in the Southern Corridor of the country. Citizen-centric Judicial Modernization and Justice Service Delivery Project AFR Tanzania improves the efficiency and transparency of, and access to, selected citizen-centric P155759 4/6/2016 2022/2054 c IPF - - Yes - 65.0 - - justice services. Zanzibar Improving Student Prospects Project improves the quality of instruction AFR Tanzania P153277 6/13/2016 2022/2054 c IPF - - Yes - 35.0 - - and the learning environment in targeted grades and targeted subjects. Zanzibar Urban Services Project (Additional Financing) improves access to AFR Tanzania P155392 6/13/2016 2022/2054 c IPF Yes - Yes - 55.0 - - urban services and conserves physical cultural heritage in Zanzibar. Education and Skills for Productive Jobs Program-for-Results strengthens the insitutional capacity of the government's skills development system and promotes AFR Tanzania P152810 6/16/2016 2022/2054 c PforR - - Yes - 120.0 - - the expansion and quality of labor market–driven development opportunities in select economic sectors. Productive Social Safety Net Project (Additional Financing) creates a AFR Tanzania comprehensive, efficient, well-targeted, and productive safety net system for the P151838 6/16/2016 2022/2054 c IPF Yes - Yes - 200.0 - - poor and vulnerable section of the Tanzanian population. Rural Electrification Expansion Program-for-Results increases access to AFR Tanzania electricity in rural areas and scales-up the supply of renewable energy in rural areas P153781 6/21/2016 2025/2046 c PforR - - - - 200.0 - - while strengthening sector institutional capacity. Mining Governance and Development Project streamlines the institutional AFR Togo arrangements of key organizations in the extractive industries to strengthen their P149277 11/19/2015 2022/2053 c IPF - - Yes - 15.0 10.4 - efficiency and accountability for effective management of the sector. Grid Expansion and Reinforcement Project increases the availability and AFR Uganda P133305 5/31/2016 2022/2054 c IPF - - Yes - 100.0 - - efficiency of bulk electricity supply in the project areas. Mekong Integrated Water Resources Management Project (Phase Three) EAP Cambodia establishes the foundation for effective water resource and fisheries management P148647 5/19/2016 2022/2054 c IPF - - Yes - 15.0 - - in project areas in the northeast of the country. Second Road Asset Management Project improves the condition, safety, and EAP Cambodia P150572 5/19/2016 2022/2054 c IPF - - Yes - 60.0 - - climate resilience of selected national road corridors. Second Land Allocation for Social and Economic Development Project helps EAP Cambodia improve target beneficiaries' access to agricultural resources and selected P150631 5/19/2016 2022/2054 c IPF - - Yes - 25.1 - - infrastructure and social services in project communities. Health Equity and Quality Improvement Project improves access to quality EAP Cambodia health services for targeted population groups with protection against P157291 5/19/2016 2022/2054 c IPF - - Yes - 30.0 - - impoverishment due to the costs of health services. 37 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Guizhou Tongren Rural Transport Project improves rural transport connectivity in EAP China P148071 9/25/2015 2023/2047 l IPF - - - 150.0 - - - Dejiang and Sinan Counties. Tianjin Urban Transport Improvement Project leverages the Tianjin metro EAP China system and promotes walking and biking in the urban core in order to make P148129 12/21/2015 2021/2035 l IPF - - Yes 100.0 - - - transport greener and safer in Tianjin and draw lessons for other large cities. Second Urumqi Urban Transport Project improves mobility in selected transport EAP China P148527 12/21/2015 2021/2045 l IPF - - Yes 140.0 - - - corridors in Urumqi. Hebei Clean Heating Project improves the efficiency and environmental EAP China performance of heating systems in selected areas within participating municipalities P148599 1/19/2016 2021/2034 l IPF - - - 100.0 - - - and counties of Hebei Province. Hubei Jingzhou Historic Town Conservation Project conserves cultural heritage EAP China P148523 1/19/2016 2021/2040 l IPF - - Yes 100.0 - - - and improves water quality and tourism in selected areas in Jingzhou Municipality. Wuhan Integrated Transport Development Project improves transport services EAP China P148294 2/26/2016 2021/2035 l IPF - - Yes 120.0 - - - and management in Wuhan and Anlu Cities. Innovative Financing for Air Pollution Control Program-for-Results reduces air EAP China pollutants and carbon emissions through increasing energy efficiency and clean P154669 3/22/2016 2036/2036 l PforR - - Yes 500.0 - - - energy, with a focus on the Jing-Jin-Ji and neighboring regions. Zhuzhou Brownfield Remediation Project reduces public exposure to EAP China P147381 3/31/2016 2022/2041 l IPF - - Yes 150.0 - - - contaminated land in the project area using risk-based remediation approaches. Hubei Xiaogan Logistics Infrastructure Project enhances the connectivity and EAP China efficiency of the logistics operations of the Xiaogan Logistics Park in Hubei P132562 4/29/2016 2021/2040 l IPF - - - 100.0 - - - Province. Building a Modern Fiscal System Technical Assistance Project informs the EAP China design and implementation of the central government's fiscal reform program and P154694 4/29/2016 2021/2045 l IPF - - Yes 22.0 - - - improves the government's capacity in public financial management. Hebei Air Pollution Prevention and Control Program-for-Results reduces EAP China P154672 6/6/2016 2021/2035 l PforR - - Yes 500.0 - - - emissions of specific air pollutants in key sectors in Hebei. Post-Cyclone Winston Emergency Development Policy Operation supports the recovery from the immediate impact of Cyclone Winston through a prioritized and EAP Fiji P159774 6/30/2016 2022/2039 l DPF - - Yes 50.0 - - - sequenced recovery plan, and cushions the immediate impact of the cyclone on the most vulnerable through the provision of disaster-responsive social protection. Sustainable and Inclusive Energy Development Policy Loan reduces the fiscal cost of electricity provision, improves the investment climate in the energy sector, EAP Indonesia P154291 12/1/2015 2021/2035 l DPF - - - 500.0 - - - removes constraints to renewable energy expansion, and expands access to modern, reliable energy. Third National Rural Water Supply and Sanitation Project (Second Additional EAP Indonesia Financing) increases the number of under-served rural and peri-urban populations P154780 1/8/2016 2023/2036 l IPF Yes - Yes 300.0 - - - accessing sustainable water supply and sanitation services. Power Distribution Development Program-for-Results increases access to EAP Indonesia electricity services and improves the efficiency and reliability of their delivery in P154805 4/22/2016 2021/2036 l PforR - - Yes 500.0 - - - selected areas. Fiscal Reform Development Policy Loan improves the composition of spending, budget execution, and efficiency of spending; increases tax administration EAP Indonesia efficiency, compliance management, and audit capability, and reduces the cost of P156655 5/31/2016 2022/2037 l DPF - - Yes 400.0 - - - paying taxes; and increases the revenue potential and economic efficiency of tax policy. Kiribati Aviation Investment Project (Additional Financing) improves EAP Kiribati operational safety and oversight of international air transport and associated P153381 3/9/2016 - g IPF Yes - Yes - 7.1 - - infrastructure. Third Poverty Reduction Fund Project improves access to basic services for EAP Lao PDR P157963 5/24/2016 2021/2041 c IPF - - Yes - 30.0 - - targeted poor communities. EAP Myanmar National Electrification Project helps increase access to electricity in the country. P152936 9/16/2015 2022/2053 c IPF - - Yes - 400.0 - - Second Disaster Risk Management Development Policy Loan with a Catastrophe-Deferred Drawdown Option enhances the technical and financial EAP Philippines P155656 12/22/2015 2027/2041 l DPF - - - 500.0 - - - capacity of the government to reduce disaster risk and manage the socioeconomic and fiscal impacts of natural disasters. Second Social Welfare Development and Reform Project supports the National EAP Philippines Program Support for Social Protection of the Department of Social Welfare and P153744 2/19/2016 2026/2041 l IPF - - Yes 450.0 - - - Development to improve the use of health and education services by poor children. 38 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Samoa Aviation Investment Project (Additional Financing) improves operational EAP Samoa P157241 6/3/2016 2026/2056 c IPF Yes - - - 16.6 - - safety and oversight of international air transport and associated infrastructure. Rapid Employment Project (Additional Financing) assists targeted vulnerable urban populations to increase their incomes through the provision of short-term EAP Solomon Islands employment; improve their knowledge, experience, and basic employment skills; P152709 7/31/2015 - g IPF Yes - Yes - 1.5 - - and improve their access to services and markets through repaired, more climate- resilient roads. Transport Sector Consolidation Project (Additional Financing) develops the country's transport sector to have stronger policy, planning, and regulatory 2025/2055 c EAP Tonga institutions and frameworks; improved safety and security facilities and compliance P151806 9/29/2015 IPF Yes - - - 4.0 - - - g with international safety and security standards; and greater domestic capacity for road rehabilitation and maintenance. Tonga Aviation Investment Project (Additional Financing) improves operational 2026/2056 c EAP Tonga P156018 3/9/2016 IPF Yes - - - 7.3 - - safety and oversight of international air transport infrastructure. - g First Inclusive Growth Development Policy Operation supports fiscal resilience; 2026/2056 c EAP Tonga pursues inclusiveness and government accountability; and supports a more P155133 3/16/2016 DPF - - - - 2.0 - - - g dynamic and inclusive economy. Second Development Policy Operation supports government reforms to EAP Tuvalu P156169 9/15/2015 - g DPF - - Yes - 3.0 - - strengthen public financial management and social service delivery. Tuvalu Aviation Investment Project (Second Additional Financing) improves EAP Tuvalu P157779 3/31/2016 - g IPF Yes - Yes - 2.9 - - the safety of air transport and associated infrastructure. Infrastructure Reconstruction and Improvement Project reconstructs and/or improves the disaster and climate resilience of selected public sector assets in 2026/2056 c EAP Vanuatu P156505 6/17/2016 IPF - - Yes - 50.0 - - provinces impacted by Tropical Cyclone Pam, and provides for an immediate and - g effective response to an eligible crisis or emergency. Results-Based Scaling Up Rural Sanitation and Water Supply Program-for- EAP Vietnam Results improves hygiene behavior, and increases and sustains access to rural P152693 11/12/2015 2021/2040 c PforR - - - - 200.0 - - sanitation and water supply in participating rural areas. Dam Rehabilitation and Safety Improvement Project improves the safety of EAP Vietnam targeted dams to protect downstream communities and economic activities through P152309 12/15/2015 2021/2040 c IPF - - Yes - 415.0 - - priority investments and capacity enhancement. Can Tho Urban Development and Resilience Project reduces flood risk in the urban core area, improves connectivity between the city center and the new low- 2021/2041 c EAP Vietnam P152851 3/24/2016 IPF - - Yes 125.0 125.0 - - risk urban growth areas, and enhances the capacity of city authorities to manage 2026/2045 l disaster risk in Can Tho City. Vinh Phuc Flood Risk and Water Management Project strengthens flood risk EAP Vietnam management capacity and improves wastewater management in the central P152460 4/29/2016 2024/2043 l IPF - - - 150.0 - - - catchment of Vinh Phuc Province. Local Bridge Construction and Road Asset Management Program-for-Results EAP Vietnam improves the road and bridge connectivity for rural communities in the country's P155086 4/29/2016 2021/2041 c PforR - - Yes - 385.0 - - participating provinces. Third Economic Management and Competitiveness Development Policy Operation strengthens financial sector governance and fiscal management; EAP Vietnam improves public administration, the management of state-owned enterprises, and P157405 5/12/2016 2026/2045 l DPF - - - 150.0 - - - public investments; and reduces the administrative burden and strengthens tax and procurement policies. Urban Water Supply and Wastewater Project (Additional Financing) increases 2021/2040 c EAP Vietnam access to sustainable water services and environmental sanitation in selected P156678 5/26/2016 IPF Yes - Yes 69.0 50.0 - - 2021/2040 l urban areas in the project provinces. Mekong Delta Integrated Climate Resilience and Sustainable Livelihoods Project enhances tools for climate-smart planning and improves the climate EAP Vietnam P153544 6/10/2016 2021/2041 c IPF - - Yes - 310.0 - - resilience of land and water management practices in selected provinces of the Mekong Delta. Climate Change and Green Growth Development Policy Operation improves intersectoral coastal planning and public investment finance programming across EAP Vietnam selected key sectors in support of climate change and green growth action, P155824 6/24/2016 2021/2041 c DPF - - Yes - 90.0 - - develops and safeguards selected natural resources services, and promotes cleaner production systems. Enhancing Teacher Education Program-for-Results strengthens teacher EAP Vietnam education institutions to enhance teacher and principal effectiveness through P150060 6/29/2016 2021/2041 c PforR - - Yes - 95.0 - - improved continuous professional development. Citizen-centric Service Delivery Project improves the efficiency of delivery and ECA Albania P151972 8/25/2015 2023/2035 l IPF - - Yes 32.0 - - - access to selected administrative services. 39 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Lifeline Road Network Improvement Project (Additional Financing) improves access of rural communities to markets and services through upgrading of selected ECA Armenia P150505 7/31/2015 2030/2040 l IPF Yes - Yes 40.0 - - - lifeline roads, and strengthens the capacity of the government to manage the lifeline road network. Third Public Sector Modernization Project improves the quality of public financial ECA Armenia P149913 9/30/2015 2030/2040 l IPF - - Yes 21.0 - - - reporting and access to selected enhanced eGovernment services. Third Development Policy Financing Operation supports the government's ECA Armenia reform agenda in two key areas: promoting fiscal, social, and environmental P153234 12/9/2015 2030/2040 l DPF - - Yes 50.0 - - - sustainability and strengthening competitiveness. Local Economy and Infrastructure Develop Project improves infrastructure ECA Armenia services and institutional capacity for increased tourism contribution to the local P150327 12/22/2015 2030/2040 l IPF - - Yes 55.0 - - - economy in selected regions. Power Sector Financial Recovery Program-for-Results supports efforts to maintain adequate and reliable electricity supply through improvement of the ECA Armenia P157571 4/27/2016 2030/2040 l PforR - - - 30.0 - - - financial standing of the state-owned power generation companies and the private power distribution company. Third Highway Project (Additional Financing) contributes to a more efficient and safer Baku-Shamakhi and Yenikend-Shorsulu roads and higher quality road ECA Azerbaijan P156377 3/28/2016 2020/2033 l IPF Yes - Yes 140.0 - - - services as part of the general network upgrading to motorway standard, and improves the management of the nascent motorway network. Internally Displaced Persons Living Standards and Livelihoods Project ECA Azerbaijan (Additional Financing) improves living conditions and increases the economic self- P155110 6/17/2016 2021/2033 l IPF Yes - Yes 66.7 - - - reliance of targeted internally displaced persons. Education Modernization Project improves access to a quality learning ECA Belarus environment in selected general secondary schools, and strengthens the country's P148181 9/17/2015 2020/2030 l IPF - - Yes 50.0 - - - student assessment and education management information systems. Public Financial Management Modernization Project improves policy alignment of the budget, consolidates cash balances, improves budget transparency, and lays ECA Belarus P146997 3/28/2016 2021/2024 l IPF - - Yes 10.0 - - - foundations for the implementation of an Integrated Financial Management Information System. Deposit Insurance Strengthening Project strengthens the financial and ECA Bulgaria institutional capacity of the Bulgarian Deposit Insurance Fund so as to enable it to P154219 3/18/2016 2022/2026 l IPF - - - 327.5 - - - meet its deposits and bank resolution obligations. Climate Adaptation and Mitigation Program for Aral Sea Basin enhances Central Asia regionally coordinated access to improve climate change knowledge for key 2021/2053 c ECA q P151363 11/3/2015 IPF - - Yes - 38.0 - - (Regional) stakeholders, and increases investments and capacity building that, combined, will - g address climate challenges common to participating countries. Innovation and Entrepreneurship Venture Capital Project strengthens risk ECA Croatia P152130 7/7/2015 2019/2025 l IPF - - Yes 21.9 - - - capital financing for innovative small and medium enterprises and startups. Third Regional Development Project improves infrastructure services and ECA Georgia institutional capacity to support the increased contribution of tourism in the local P150696 7/1/2015 2029/2040 l IPF - - Yes 60.0 - - - economy of the Samtskhe-Javakheti and Mtskheta-Mtianeti regions. East-West Highway Corridor Improvement Project reduces road user costs along the East-West Highway Corridor section upgraded under the project, and ECA Georgia strengthens the capacity of the Roads Department and the Ministry of Economy P149952 12/3/2015 2026/2040 l IPF - - Yes 140.0 - - - and Sustainable Development to respectively manage the road network and provide an enabling environment to improve logistics services. National Innovation Ecosystem Project increases innovation activities of firms ECA Georgia P152441 3/18/2016 2031/2040 l IPF - - Yes 40.0 - - - and individuals and their participation in the digital economy. Secondary Road Asset Management Project improves road users' access to ECA Georgia social services and markets on the project roads in a sustainable manner, and P149953 3/18/2016 2031/2040 l IPF - - - 40.0 - - - enhances road asset management for the country's secondary roads network. Second Regional Development Project (Additional Financing) improves ECA Georgia infrastructure services and institutional capacity to support the increased P157465 4/4/2016 2034/2037 l IPF Yes - Yes 9.0 - - - contribution of tourism in the local economy of the Imereti region. 40 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Macroeconomic Management and Competitiveness Programmatic Development Policy Loan supports government reforms to strengthen the ECA Kazakhstan P154702 11/3/2015 2018/2035 l DPF - - Yes 1,000.0 - - - sustainability of the macroeconomic framework while protecting the vulnerable and to help improve competitiveness of the non-oil economy. Social Health Insurance Project improves accessibility, quality, and efficiency of ECA Kazakhstan health service delivery, and reduces financial risks to the population that are P152625 4/27/2016 2021/2031 l IPF - - Yes 80.0 - - - caused by serious health problems. Center West Regional Development Corridor Project improves the transport connectivity within the regions along the Kazakhstan Center West Corridor and ECA Kazakhstan P153497 6/9/2016 2022/2039 l IPF - - Yes 977.9 - - - strengthens the capacity of selected agencies for the effective implementation of the corridor development and road asset preservation policies. Education System Improvement Project strengthens selected systems that ECA Kosovo P149005 9/10/2015 2020/2040 c IPF - - Yes - 11.0 - - contribute to quality, accountability, and efficiency improvements in education. Integrated Forest Ecosystem Management Project strengthens the capacity of government institutions and communities to improve sustainable forest ecosystem 2021/2053 c ECA Kyrgyz Republic P151102 11/24/2015 IPF - - Yes - 12.0 - - management through investments in management planning, ecosystem - g restoration, and infrastructure. Urban Development Project improves the quality of municipal services and pilots 2022/2053 c ECA Kyrgyz Republic energy efficiency and seismic resilience retrofits of urban infrastructure in P151416 3/18/2016 IPF - - Yes - 12.0 - - - g participating towns. Road Upgrading and Development Project improves transport connectivity for ECA Macedonia, FYR road users along the corridor between Skopje and Deve Bair, and improves the P149955 9/30/2015 2023/2043 l IPF - - - 90.9 - - - asset management and planning functions of Public Enterprise for State Roads. Second Municipal Services Improvement Project improves transparency, ECA Macedonia, FYR financial sustainability, and inclusive delivery of targeted municipal services in the P154464 1/11/2016 2021/2033 l IPF - - - 28.0 - - - participating municipalities. Local Roads Improvement Project provides safe and sustainable local road ECA Moldova P150357 10/30/2015 2021/2040 c IPF - - Yes - 80.0 - - accessibility to education, health, and market facilities along selected corridors. Tax Administration Modernization Project improves revenue collection, tax 2021/2040 c ECA Moldova P127734 6/6/2016 IPF - - - 12.6 7.4 - - compliance, and taxpayer services. 2021/2045 l Odra-Vistula Flood Management Project increases access to flood protection for people living in selected areas of the Odra River and the Upper Vistula River ECA Poland P147460 7/23/2015 2025/2044 l IPF - - Yes 504.0 - - - basins, and strengthens government institutional capacity to mitigate the impact of floods more effectively. Second Resilience and Growth Development Policy Loan enhances ECA Poland macroeconomic resilience, strengthens labor market flexibility and employment P149781 7/23/2015 2025/2045 l DPF - - Yes 1,000.0 - - - promotion, and improves private sector competitiveness and innovation. Integrated Nutrient Pollution Control Project (Additional Financing) supports ECA Romania the government toward meeting EU Nitrate Directive requirements at a national P155594 3/28/2016 2021/2026 l IPF Yes - - 52.4 - - - scale. Competitiveness and Jobs Project improves the effectiveness and coordination of selected public programs to alleviate constraints to competitiveness and job ECA Serbia creation, including investment and export promotion, innovation, active labor P152104 9/16/2015 2026/2040 l IPF - - Yes 100.0 - - - market programs, labor intermediation, and activation of social assistance beneficiaries. Modernization and Optimization of Public Administration Program-for-Results ECA Serbia P155172 4/20/2016 2021/2032 l PforR - - Yes 75.0 - - - improves efficiency in public sector employment and finances. Real Estate Registration Project supports the implementation of a reliable, ECA Tajikistan P154561 4/4/2016 2022/2053 c IPF - - Yes - 10.0 - - transparent, and efficient real estate registration system nationwide. Health System Strengthening and Support Project improves primary and secondary prevention of selected noncommunicable diseases, increases the ECA Turkey P152799 9/21/2015 2021/2026 l IPF - - Yes 134.3 - - - efficiency of hospital management, and enhances government capacity for evidence-based policy making. Land Registry and Cadastre Modernization Project (Additional Financing) ECA Turkey P154259 10/15/2015 2021/2026 l IPF Yes - - 90.6 - - - improves the effectiveness and efficiency of the land registry and cadastre services. Micro, Small, and Medium Enterprise and Large Enterprise Supply Chain Finance Project improves access to finance for micro, small, and medium ECA Turkey P157691 12/22/2015 2020/2035 l IPF - - - 200.0 - - - enterprises and to longer-term finance for large enterprises involved in domestic supply chains. 41 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Second Development Policy Loan promotes good governance, transparency, and accountability in the public sector; strengthens the regulatory framework and ECA Ukraine P151479 8/25/2015 2022/2031 l DPF - - Yes 500.0 - - - reduces costs of doing business; and reforms inefficient and inequitable utility subsidies while protecting the poor. Second Programmatic Financial Sector Development Policy Loan strengthens the operational, financial, and regulatory capacity of the Deposit Guarantee Fund ECA Ukraine for the resolution of insolvent banks; improves the solvency of the banking system; P151941 9/15/2015 2022/2032 l DPF - - Yes 500.0 - - - and strengthens the legal and institutional framework to improve the resilience and efficiency of the banking system. Road Sector Development Project improves transport connectivity, maintenance ECA Ukraine operations, and road safety for road users on selected sections of the national P149322 11/3/2015 2022/2032 l IPF - - Yes 560.0 - - - roads network and improves road network management. Modernizing Higher Education Project strengthens higher education managerial ECA Uzbekistan capacity and improves both the labor market relevance and the learning P128516 4/27/2016 2021/2041 c IPF - - Yes - 42.2 30.0 - environment of selected higher education institutions. Modernization of Real Property Registration and Cadastre Project establishes ECA Uzbekistan an efficient and accessible real property registration and cadastre system as part of P151746 5/24/2016 2021/2041 c IPF - - Yes - 20.0 14.3 - the national eGovernment structure and services. Provincial Public Health Insurance Development Project (Additional Financing) increases utilization and quality of key health services for the uninsured LCR Argentina P154431 7/7/2015 2022/2047 l IPF Yes - Yes 200.0 - - - target population, and improves institutional management by strengthening the incentives for results in participating provinces. Flood Risk Management Support Project strengthens the autonomous city of LCR Argentina Buenos Aires to efficiently manage flood risk and improve the drainage systems in P145686 6/22/2016 2023/2038 l IPF - - Yes 200.0 - - - the Cildáñez, Maldonado, and Vega watersheds. Children and Youth Protection Project expands coverage of the Family LCR Argentina Allowances programs and improves transparency of social protection programs P158791 6/30/2016 2023/2048 l IPF - - Yes 600.0 - - - implemented by the Social Security National Administration. Community Investment in Rural Areas Project (Additional Financing) improves LCR Bolivia access to sustainable basic infrastructure and services for the most disadvantaged P154854 8/4/2015 2021/2040 c IPF Yes - Yes - 60.0 - - rural communities selected in some of the country's poorest municipalities. Road Sector Capacity Development Project enhances the country's national road 2021/2040 c LCR Bolivia sector management and improves the condition of the country's primary paved P144597 11/12/2015 IPF - - Yes 166.0 59.1 - - 2035/2035 l road network. Service Delivery and Fiscal Management Development Policy Loan assists the Municipality of Manaus in improving the management of its finances, as well as its LCR Brazil education and transport sectors, through upgraded revenue and expenditure P153203 12/3/2015 2021/2039 l DPF - - - 150.0 - - - processes, meritocratic and results-oriented management of schools, and improved control of bus concessions. Productive and Social Inclusion Development Policy Loan supports policy reforms for improved performance of secondary education students in state public schools and expanded coverage of public health services, expanded access of LCR Brazil target vulnerable groups to productive chains and natural resources management P146981 12/21/2015 2019/2035 l DPF - - Yes 200.0 - - - services, strengthened systematic monitoring of priority investments, and strengthened institutions for gender mainstreaming and channeling the citizens' voice in strategic programs. Piaui Pillars of Growth and Social Inclusion Project reduces the dropout of students in public secondary education; increases access to diagnosis and LCR Brazil treatment for patients with chronic diseases; expands the registration of P129342 12/21/2015 2020/2035 l IPF - - - 120.0 - - - groundwater users in rural areas and land tenure regularization; and increases the participation of rural family farmers in rural productive value chains. Bahia Road Rehabilitation and Maintenance Project (Second Phase) enhances, LCR Brazil in a sustainable fashion, road accessibility and safety in selected regions of the P147272 1/29/2016 2020/2050 l IPF - - Yes 200.0 - - - State of Bahia. 42 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Teresina Enhancing Municipal Governance and Quality of Life Project (Additional Financing) modernizes and improves the management capacity of the LCR Brazil Municipality of Teresina in the financial, urban, environmental, service-delivery, and P146870 2/24/2016 2021/2050 l IPF Yes - - 88.0 - - - economic development fields and improves the quality of life of the low-income population of the Lagoas do Norte region. Integrated Water Resources Management and Infrastructure Development LCR Chile Project strengthens the government's capacity for water resource management P152319 11/4/2015 2031/2031 l IPF - - Yes 40.9 - - - and public infrastructure planning and concession. Social Inclusion for Shared Prosperity Development Policy Loan supports efforts to promote equal opportunities in education, improve the conditions to LCR Chile P154213 11/16/2015 2028/2028 l DPF - - Yes 100.0 - - - enhance the quality of tertiary education, strengthen institutions for poverty measurement, and enhance targeting mechanisms of social programs. Sustainable Development and Green Growth Development Policy Loan establishes a set of policy and institutional measures for green growth in transport, energy, environmental health, and disaster risk management, and improves LCR Colombia P150475 9/30/2015 2035/2035 l DPF - - Yes 700.0 - - - environmental quality by reducing particulate matter in the air, strengthening regulatory and economic instruments for reducing waste pollution, and increasing capacity for solid waste disposal and enhancing waste recycling. Second Programmatic Sustained Growth and Income Convergence Development Policy Loan fosters solutions to develop infrastructure financing and LCR Colombia increases access to finance for firms, builds productive skills and improves their P154821 12/8/2015 2021/2050 l DPF - - Yes 700.0 - - - allocation, and strengthens regulations that affect innovation and business efficiency. Strengthening Universal Health Insurance in Costa Rica Program-for-Results contributes to improving the timeliness and quality of health services and LCR Costa Rica P148435 3/15/2016 2022/2049 l PforR - - Yes 420.0 - - - enhancing the institutional efficiency of the Costa Rican Social Security Administration. Support to the National Education Pact Project improves government capacity to recruit and train primary school teachers, assess student learning in primary and LCR Dominican Republic secondary education, evaluate the quality of service provided by Public Early P146831 9/30/2015 2027/2040 l IPF - - Yes 50.0 - - - Childhood Development Centers, and enhance the process for decentralizing public school management. Strengthening Management of Public Finances Development Policy Loan supports government efforts to improve flexibility and transparency in the LCR Dominican Republic management of public debt; strengthen planning, budgeting, and execution of P155425 11/4/2015 2027/2038 l DPF - - - 60.0 - - - public expenditures; and enhance transparency and monitoring of government operations. Distribution Grid Modernization and Loss Reduction Project improves the financial viability of electricity distribution companies by reducing energy losses and LCR Dominican Republic P147277 12/15/2015 2027/2040 l IPF - - Yes 120.0 - - - increasing revenue collections in the circuits rehabilitated by the project, and consequently, increases the supply of electricity. Sustainable Family Farming Modernization Project enhances incomes of small LCR Ecuador and medium-sized farm households by supporting more productive and climate- P151963 7/15/2015 2033/2050 l IPF - - Yes 80.0 - - - smart use for land and water. Supporting Education Reform in Targeted Circuits Project increases enrollment LCR Ecuador in early education and improves the persistence rate in lower secondary education P152096 10/14/2015 2034/2045 l IPF - - Yes 178.0 - - - and upper secondary education in the targeted circuits. Ibarra Transport Infrastructure Improvement Project improves mobility in Ibarra LCR Ecuador P147280 1/27/2016 2021/2040 l IPF - - - 52.5 - - - and the use of recreational spaces in the Yahuarcocha Lagoon area. Risk Mitigation and Emergency Recovery Project reduces the potential effects of the El Niño phenomenon and the Cotopaxi volcano, and supports the recovery of LCR Ecuador P157324 3/15/2016 2034/2051 l IPF - - - 150.0 - - - basic and production services in affected areas in case of an eligible disaster in selected sectors. Second Programmatic Resilience Building Development Policy Credit and Loan supports reforms to create conditions for private investment in a sustainable 2026/2055 c LCR Grenada P151821 10/28/2015 DPF - - Yes 5.0 10.0 - - manner, support improved public resource management, and enhance resilience 2026/2045 l against natural disasters and key elements of resilience in the banking sector. 43 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) University of Guyana Science and Technology Support Project (Additional Financing) strengthens the four science and technology faculties at the University LCR Guyana P156746 12/8/2015 2021/2040 c IPF Yes - Yes - 3.7 - - of Guyana through infrastructure, research, and curricular improvements while building the basis for improved facilities management and future growth. Fiscal Sustainability and Enhanced Competitiveness Development Policy LCR Honduras Credit supports efforts in strengthening institutional arrangements to support fiscal P155920 12/15/2015 2021/2040 c DPF - - Yes - 50.0 35.9 - sustainability and enhancing the regulatory framework to promote competitiveness. Disaster Vulnerability Reduction Project enhances the country's resilience to LCR Jamaica P146965 2/10/2016 2023/2045 l IPF - - Yes 30.0 - - - disaster and climate risk. Expanding Rural Finance Project expands the availability of finance to the rural LCR Mexico P153338 11/24/2015 2017/2035 l IPF - - Yes 400.0 - - - economy. Municipal Energy Efficiency Project promotes the efficient use of energy in the LCR Mexico country's municipalities by carrying out energy efficiency investments in selected P149872 3/8/2016 2028/2028 l IPF - - - 100.0 - - - municipal sectors and contributes to strengthening the enabling environment. Strengthening the Social Protection and Inclusion System Project increases LCR Panama the efficiency of the social protection system and improves the income generation P155097 9/23/2015 2021/2032 l IPF - - Yes 75.0 - - - capacity of the poor and vulnerable. Lima Metro Line 2 Project provides a major east-west axis of the Lima-Callo Metropolitan Region with a modern and integrated mass transit system that will LCR Peru P145610 9/15/2015 2021/2031 l IPF - - - 300.0 - - - improve accessibility to jobs and services in the area of influence of the Lima Metro Line 2 and the Gambetta Branch of Line 4. Support to the Subnational Transport Program Project facilitates sustainable road access of the country's rural population to services, reduces transport costs on LCR Peru P132515 12/11/2015 2028/2028 l IPF - - Yes 50.0 - - - rural roads linked to priority logistics corridors, and strengthens decentralized road management. Boosting Human Capital and Productivity Development Policy Loan with a Deferred Drawdown Option supports the country's efforts to boost human capital LCR Peru and productivity by enhancing the education policy framework to enable better P156858 2/11/2016 2029/2029 l DPF - - Yes 1,250.0 - - - quality of skills; facilitating the entry, operation, and exit of firms; and reducing transaction costs in trade. Public Expenditure and Fiscal Risk Management Development Policy Loan with a Deferred Drawdown Option supports efforts to improve the management LCR Peru P154981 2/11/2016 2029/2029 l DPF - - - 1,250.0 - - - and reporting of public expenditures in subnational governments and the government's legal and institutional framework for public-private partnerships. Rural Community Development and Water Mobilization Project (Second Additional Financing) increases access of rural communities to water and MNA Djibouti P157282 5/31/2016 2021/2041 c IPF Yes - Yes - 7.0 - - enhances their capacity to manage water and agro-pastoral resources in the project areas using a participatory approach to community-based development. Social Safety Net Project (Second Additional Financing) supports a social MNA Djibouti safety net system for improved targeting, improved nutrition practices, and access P158696 5/31/2016 2021/2041 c IPF Yes - Yes - 4.0 - - to short-term employment opportunities for the poor and vulnerable. Sustainable Rural Sanitation Services Program-for-Results strengthens MNA Egypt, Arab Rep. institutions and policies for increasing access and improving rural sanitation P154112 7/28/2015 2020/2050 l PforR - - Yes 550.0 - - - services in the Governorates of Beheira, Dakahliya, and Sharkiya. Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Loan advances fiscal consolidation through higher revenue collection, greater moderation of the wage bill growth, and stronger MNA Egypt, Arab Rep. P157704 12/17/2015 2021/2050 l DPF - - Yes 1,000.0 - - - debt management; ensures sustainable energy supply through private sector engagement; and enhances the business environment through investment laws, industrial license requirements, as well as enhancing competition. Emergency Operation for Development supports the country in the MNA Iraq reconstruction of damaged infrastructure and the restoration of public services P155732 7/7/2015 2020/2030 l IPF - - - 350.0 - - - delivery in targeted municipal areas. Emergency Fiscal Stabilization, Energy Sustainability, and State-Owned Enterprise Transparency Development Policy Loan improves expenditure MNA Iraq P155962 12/17/2015 2021/2031 l DPF - - - 1,200.0 - - - management, the sustainability of energy supply, and the transparency of state- owned enterprises. 44 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Programmatic Energy and Water Sector Reforms Development Policy Loan MNA Jordan improves the financial viability and increases efficiency gains in the country's P154299 9/18/2015 2020/2050 l DPF - - Yes 250.0 - - - energy and water sectors. Large-Scale Irrigation Modernization Project provides an improved water service to farmers through selected Regional Agriculture Development Offices, and MNA Morocco P150930 7/8/2015 2020/2040 l IPF - - Yes 150.0 - - - provides better access to improved irrigation technologies for targeted farmers in the project area. Second Transparency and Accountability Development Policy Loan strengthens mechanisms promoting transparency and accountability in the MNA Morocco P154041 10/22/2015 2021/2040 l DPF - - Yes 200.0 - - - management of public resources and supports legal reforms fostering open governance in line with the country's new constitution. Urban Transport Program-for-Results strengthens the capacity of urban transport MNA Morocco institutions to plan, implement, and monitor infrastructure services, and improves P149653 12/9/2015 2021/2040 l PforR - - Yes 200.0 - - - the level of service of urban transport in target corridors. Second Inclusive Green Growth Development Policy Loan improves the MNA Morocco management of natural capital, greens physical capital, and strengthens and P149747 12/18/2015 2021/2040 l DPF - - Yes 300.0 - - - diversifies the rural economy by leveraging human capital. Integrated Disaster Risk Management and Resilience Program-for-Results improves the institutional framework to finance disaster risk reduction activities and MNA Morocco P144539 4/20/2016 2021/2041 l PforR - - Yes 200.0 - - - strengthens financial resilience to natural disasters for targeted populations in the program area. Road Transport Corridors Project reduces transportation costs and time, MNA Tunisia improves road safety on selected road corridors, and strengthens government P146502 7/14/2015 2021/2049 l IPF - - Yes 200.0 - - - capacity in road asset management. Third Governance, Opportunity, and Jobs Development Policy Loan helps establish the policy foundations for a more competitive business environment, a MNA Tunisia P150950 10/1/2015 2021/2049 l DPF - - Yes 500.0 - - - strengthened financial sector, more inclusive and accountable social services, and more transparent public governance. Tertiary Education for Employability Project improves the employability of MNA Tunisia P151059 2/25/2016 2021/2048 l IPF - - Yes 70.0 - - - tertiary education graduates and strengthens the management of higher education. Local Governance and Services Improvement Program-for-Results MNA West Bank and Gaza strengthens the local government financing system and improves local service P148896 11/2/2015 - g PforR - Yes Yes - - - 5.0 delivery in program villages. Teacher Education Improvement Project (Additional Financing) improves the competencies and skills of class teachers teaching grades one to four in the West MNA West Bank and Gaza P152914 11/2/2015 - g IPF Yes Yes Yes - - - 3.0 Bank and Gaza, thereby contributing to enhancing student learning in primary schools. Finance for Jobs Project tests the effectiveness of selected financial MNA West Bank and Gaza P151089 12/18/2015 - g IPF - Yes Yes - - - 5.0 interventions. Palestinian National Development Plan Seventh Development Policy Grant improves public revenue performance and the sustainability of public expenditures, MNA West Bank and Gaza P156865 2/11/2016 - g DPF - Yes - - - - 40.0 improves transparency of public finances, and facilitates the land registration process. Trans-Hindukush Road Connectivity Project improves road transport SAR Afghanistan P145347 10/20/2015 - g IPF - - Yes - 250.0 - - connectivity across the Hindukush mountain range. Skills and Training Enhancement Project (Additional Financing) strengthens SAR Bangladesh training institutions to improve training quality and employability of trainees, P155389 10/30/2015 2022/2053 c IPF Yes - Yes - 100.0 - - including those from disadvantaged socioeconomic backgrounds. Siddhirganj Power Project (Additional Financing) increases the supply of SAR Bangladesh P154127 11/13/2015 2022/2053 c IPF Yes - - - 176.7 - - electricity to the country's grid network. Ghorashal Unit 4 Repowering Project increases the generation capacity and SAR Bangladesh P128012 12/21/2015 2022/2053 c IPF - - Yes - 217.0 - - efficiency of the targeted power plant. Pro-Poor Slums Integration Project improves shelter and living conditions in SAR Bangladesh P130710 4/5/2016 2022/2054 c IPF - - Yes - 50.0 - - selected low-income and informal settlements in designated municipalities. Private Sector Development Support Project (Additional Financing) facilitates private investment and job creation and promotes compliance with international SAR Bangladesh P156242 4/5/2016 2022/2054 c IPF Yes - Yes - 130.0 - - quality standards, building codes, and good social and environmental practices in economic zones supported by the project. 45 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) Bangladesh Weather and Climate Services Regional Project strengthens the SAR Bangladesh country's capacity to deliver reliable weather, water, and climate information P150220 6/3/2016 2022/2054 c IPF - - Yes - 113.0 - - services and improves access to such services by priority sectors and communities. College Education Development Project strengthens the strategic planning and SAR Bangladesh management capacity of the college education subsector and improves the P154577 6/3/2016 2022/2054 c IPF - - Yes - 100.0 - - teaching and learning environment of participating colleges. Second Public Procurement Reform Project (Second Additional Financing) SAR Bangladesh improves performance of the public procurement system progressively, focusing P158783 6/6/2016 2022/2054 c IPF Yes - Yes - 10.0 - - largely on targeted agencies. Regional Waterway Transport Project improves inland water transport efficiency SAR Bangladesh and safety for passengers and cargo along the Chittagong-Dhaka-Ashuganj P154511 6/16/2016 2022/2054 c IPF - - Yes - 360.0 - - Regional Corridor and enhances sector sustainability. Health Sector Development Program (Additional Financing) enables the SAR Bangladesh government to strengthen health systems and improve health services, particularly P151070 6/24/2016 2022/2054 c IPF Yes - Yes - 150.0 - - for the poor. Modernization of State-Owned Financial Institutions Project contributes to the SAR Bangladesh P155363 6/30/2016 2022/2054 c IPF - - - - 150.0 - - modernization, transparency, and efficiency of state-owned banks. Nai Manzil Education and Skills Training for Minorities Project improves SAR India completion of secondary education and market-driven skills training for targeted P156363 10/29/2015 2020/2040 c IPF - - Yes - 50.0 35.9 - youth from minority communities. Bihar Kosi Basin Development Project enhances resilience to floods and increases agriculture production and productivity in the targeted districts in the Kosi SAR India P127725 12/8/2015 2021/2040 c IPF - - Yes - 250.0 180.7 - River Basin, and enhances Bihar's capacity to respond promptly and effectively to an eligible crisis or emergency. Swachh Bharat Mission Support Operation Program-for-Results reduces open SAR India defecation in rural areas and strengthens government capacity to manage the P153251 12/15/2015 2021/2038 l PforR - - Yes 1,500.0 - - - national Swachh Bharat Mission-Gramin program. Citizen Access to Responsive Services Project improves access to Public SAR India Services Guarantee Act services by citizens of Madhya Pradesh, and in particular P149182 1/29/2016 2021/2041 c IPF - - Yes - 35.0 25.4 - by underrepresented groups. Programmatic Electricity Distribution Reform Development Policy Loan SAR India supports the Government of the State of Rajasthan in its goal of establishing a P157224 3/25/2016 2023/2038 l DPF - - Yes 250.0 - - - financially sustainable distribution sector under the 24x7 Power for All program. Karnataka Urban Water Modernization Project provides citywide access to a SAR India continuous piped water supply in the eligible cities in the state of Karnataka, and P130544 3/31/2016 2021/2040 l IPF - - - 100.0 - - - strengthens service delivery arrangements at the city level. Grid-Connected Rooftop Solar Program-for-Results increases installed capacity SAR India of grid-connected rooftop solar photovoltaic (GRPV) and strengthens the capacity P155007 5/13/2016 2036/2036 l PforR - - Yes 500.0 - - - of relevant institutions for GRPV. Himachal Pradesh Horticulture Development Project supports small farmers SAR India and agro-entrepreneurs in Himachal Pradesh to increase productivity, quality, and P151744 5/27/2016 2021/2041 c IPF - - Yes - 135.0 96.1 - market access of selected horticulture commodities. Socioeconomic Empowerment of Adolescent Girls and Young Women Project SAR India improves completion of market-driven skills training and secondary education for P150576 6/21/2016 2021/2041 c IPF - - Yes - 63.0 44.5 - adolescent girls and young women in selected districts of Jharkhand. North Eastern Region Power System Improvement Project increases the SAR India delivery of electricity at the boundaries of the power distribution network in P127974 6/24/2016 2021/2040 l IPF - - - 470.0 - - - participating states in the North Eastern Region. Third Technical Education Quality Improvement Project enhances quality and SAR India equity in participating engineering education institutes and improves the efficiency P154523 6/24/2016 2021/2041 c IPF - - Yes - 201.5 144.2 - of the engineering education system in project states. Bihar Transformative Development Project ("Jevika II") diversifies and SAR India enhances household-level incomes and improves access to and use of nutrition P159576 6/28/2016 2021/2041 c IPF - - - - 290.0 207.9 - and sanitation services among targeted households. Power Sector Reform and Sustainable Hydropower Development Project strengthens the capacity of the power sector agencies to plan and prepare SAR Nepal hydropower and transmission line projects following international standards and P150066 9/25/2015 2022/2053 c IPF - - Yes - 20.0 - - best practices, and improves the readiness of the power sector agencies for regulatory and institutional reforms. 46 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) FATA Temporarily Displaced Persons Emergency Recovery Project supports the early recovery of families affected by the militancy crisis, promotes child health, SAR Pakistan P154278 8/26/2015 2020/2040 c IPF - - Yes - 75.0 - - and strengthens emergency response safety net delivery systems in the affected Federally Administered Tribal Areas. Second Power Sector Reform Development Policy Credit focuses on structural SAR Pakistan reforms to the electric power sector that will improve its financial, technical, and P152021 11/12/2015 2021/2040 c DPF - - Yes - 500.0 - - commercial performance. Water Sector Capacity Building and Advisory Services Project (Additional SAR Pakistan Financing) improves the management and investment planning of water resources P155226 12/21/2015 2021/2041 c IPF Yes - Yes - 35.0 - - in the Indus River Basin. Punjab Jobs and Competitiveness Program-for-Results improves the SAR Pakistan investment climate and promotes investments and jobs in more inclusive and P155963 3/31/2016 2021/2034 l PforR - - Yes 100.0 - - - sustainable industrial estates in Punjab. National Immunization Support Project increases equitable coverage of services SAR Pakistan for immunization against vaccine-preventable diseases, including poliomyelitis, for P132308 4/21/2016 2021/2041 c IPF - - Yes - 50.0 - - children between 0 and 23 months. Third Punjab Education Sector Project supports Punjab Province to improve SAR Pakistan school participation, completion, and teaching-learning practices with a particular P154524 6/3/2016 2021/2038 l IPF - - Yes 300.0 - - - focus on low-performing districts. Sindh Resilience Project mitigates flood and drought risks in selected areas and SAR Pakistan P155350 6/21/2016 2021/2040 c IPF - - Yes - 100.0 - - strengthens Sindh's capacity to manage natural disasters. Competitiveness and Growth Development Policy Operation improves the SAR Pakistan business environment and enhances fiscal management through improving P157207 6/21/2016 2021/2041 c DPF - - - - 500.0 - - revenue management and making public spending more pro-poor. Competitiveness and Growth Development Policy Guarantee improves the SAR Pakistan business environment and enhances fiscal management through improving P159839 6/21/2016 - gu DPF - - - 420.0 - - - revenue management and making public spending more pro-poor. Balochistan Integrated Water Resources Management and Development Project strengthens provincial government capacity for water resources monitoring SAR Pakistan P154255 6/28/2016 2021/2041 c IPF - - - - 200.0 - - and management and improves community-based water management for targeted irrigation schemes in Balochistan. North East Local Services Improvement Project (Additional Financing) supports local authorities in the Northern and Eastern Provinces and adjoining SAR Sri Lanka P152623 8/26/2015 2020/2040 c IPF Yes - Yes - 20.0 - - provinces to deliver services and local infrastructure in a responsive and accountable manner. Climate Resilience Improvement Project (Additional Financing) reduces the SAR Sri Lanka vulnerability of exposed people and assets to climate risk and improves the P157392 3/21/2016 2021/2041 c IPF Yes - Yes - 42.0 - - Government's capacity to respond effectively to disasters. Ecosystem Conservation and Management Project improves the management SAR Sri Lanka of ecosystems in selected locations in the country for conservation and community P156021 4/25/2016 2021/2041 c IPF - - Yes - 45.0 - - benefits. Transport Connectivity and Asset Management Project strengthens the Road SAR Sri Lanka Development Authority's capacity for asset management and improves the road P132833 5/9/2016 2021/2041 c IPF - - - - 125.0 - - service delivery on the selected road corridor. Strategic Cities Development Project (Additional Financing) improves selected SAR Sri Lanka P157427 5/27/2016 2021/2041 c IPF Yes - Yes - 55.0 - - urban services and public open spaces in the participating city regions. Agriculture Sector Modernization Project supports increasing agriculture SAR Sri Lanka productivity, improving market access, and enhancing value addition of smallholder P156019 6/28/2016 2021/2041 c IPF - - Yes - 125.0 - - farmers and agribusinesses in the project areas. Notes: Numbers may not add to totals because of rounding. AFR = Africa; c = IDA credit; DPF = Development Policy Financing; EAP = East Asia and Pacific; ECA = Europe and Central Asia; g = IDA grant; gu = IBRD or IDA guarantee; l = IBRD loan; IPF = Investment Project Financing; LCR = Latin America and the Caribbean; MNA = Middle East and North Africa; PforR = Program-for-Results; SAR = South Asia; - = not applicable. For more detailed information, see worldbank.org/projects. a. Maturity dates are the earliest and latest repayment dates for the corresponding lending instruments committed for an operation. b. Financing provided by trust funds administered by the World Bank. c. Civil society involement includes projects with actual involvement of civil society organizations in identification, preparation, and/or appraisal of the project, and with intended civil society participation in the project's implementation, monitoring, and evaluation phases. d. Principal amounts show the combined totals for the loans, credits, grants, or guarantees committed for an operation, unless otherwise indicated. e. IDA funds are denominated in Special Drawing Rights (SDRs), which are valued on the basis of a "basket" of currencies. The U.S. dollar equivalent of the SDR amount reflects the exchange rates in effect at the time of the negotiations of the credit or grant. f. Credits to: Kenya, Tanzania, Uganda. Grant to: Burundi. g. Credits to: Congo, Dem. Rep., Rwanda, Uganda. Grant to: Common Market for Eastern and Southern Africa. h. Grant to: West African Economic and Monetary Untion. i. IBRD loans to: Mauritius, Seychelles. IDA credit to: Mozambique. j. Credit to: Senegal. k. Credits to: Lesotho, Malawi, Mozambique, Zambia. Grants to: Malawi, Mozambique. 47 d Principal Commitment Amounts (millions) Date of First/Last Lending Lending Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID Approval Maturity Datea Description Instrument Financing Financingb Involvementc (US$) (US$) (SDRe) Grant (US$) l. Credits to: Ethiopia, Kenya, Malawi, Mozambique, Rwanda, Tanzania, Uganda, Zambia. Grant to: Inter-University Council for East Africa. m. Credit to: Zambia. n. Credits to: Djibouti, Ethiopia, Uganda. Grant to: Intergovernmental Authority of Development. o. Credit to: Congo, Dem. Rep. p. Credits to: Guinea, Senegal, Sierra Leone. Grants to: Economic Community of West African States, Guinea, Sierra Leone. q. Credits to: Tajikistan, Uzbekistan. Grant to: Executive Committee of International Fund of Saving the Aral Sea. 48 Income by Region Regional Poverty Estimates (1981-2012) 50 Population living below $1.90 a day (millions, 2011 PPP) Population living below $1.90 a day (% of population, 2011 PPP) Population living below $3.10 a day (millions, 2011 PPP) Population living below $3.10 a day (% of population, 2011 PPP) Gross Domestic Product per Capita Index, 2005–15 51 Regional Poverty Estimates | 1981–2012 Population living below $1.90 a day (millions, 2011 PPP) Low and middle-income country groups 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 East Asia and Pacific 1,143 1,044 918 996 902 704 689 553 361 297 226 173 147 Europe and Central Asia - - 9 9 24 33 37 29 26 15 13 11 10 Latin America and the Caribbean 72 90 69 68 67 69 71 70 55 41 38 35 34 Middle East and North Africa - 16 18 14 17 16 11 - 10 9 - - - South Asia 538 548 575 575 579 550 - 583 524 501 437 362 309 Sub-Saharan Africa - - - 288 336 349 375 399 382 392 398 394 389 - - - - - - - - - - - - - Total six regions 1,982 1,940 1,850 1,948 1,925 1,721 1,751 1,645 1,358 1,254 1,120 983 897 World 1,982 1,940 1,850 1,948 1,925 1,721 1,751 1,645 1,358 1,254 1,120 983 897 Population living below $1.90 a day (% of population, 2011 PPP) Low and middle-income country groups 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 East Asia and Pacific 80.6 70.1 58.7 60.6 52.6 39.6 37.5 29.2 18.6 15.0 11.2 8.5 7.2 Europe and Central Asia - - 2.0 1.9 5.2 7.0 7.8 6.2 5.5 3.1 2.8 2.4 2.1 Latin America and the Caribbean 19.7 23.0 16.7 15.5 14.4 14.1 13.9 13.2 9.9 7.1 6.5 5.9 5.6 Middle East and North Africa - 8.4 8.4 6.0 7.0 6.1 4.2 - 3.3 2.7 - - - South Asia 58.1 55.3 54.1 50.7 47.9 42.9 - 40.8 35.0 32.1 27.2 22.2 18.8 Sub-Saharan Africa - - - 56.8 61.1 58.5 58.0 57.1 50.5 47.8 46.1 44.4 42.7 - - - - - - - - - - - - - Total six regions 53.5 49.4 44.4 44.1 41.4 35.3 34.3 31.0 24.6 21.9 19.1 16.5 14.9 World 44.0 40.8 37.0 36.9 34.8 29.8 29.1 26.3 20.9 18.7 16.3 14.1 12.7 Population living below $3.10 a day (millions, 2011 PPP) Low and middle-income country groups 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 East Asia and Pacific 1,322 1,345 1,334 1,379 1,323 1,207 1,196 1,044 849 701 582 504 454 Europe and Central Asia - - 39 36 67 83 92 67 55 35 34 32 30 Latin America and the Caribbean 140 165 140 136 130 133 134 138 116 89 81 77 72 Middle East and North Africa - 56 62 56 65 66 55 - 57 51 - - - South Asia 791 834 888 928 972 986 - 1,074 1,084 1,062 1,022 957 899 Sub-Saharan Africa - - - 386 434 462 503 544 586 579 602 606 610 Total six regions 2,650 2,769 2,817 2,920 2,992 2,937 3,009 2,923 2,747 2,516 2,366 2,218 2,106 World 2,650 2,769 2,817 2,920 2,992 2,937 3,009 2,923 2,747 2,516 2,366 2,218 2,106 Population living below $3.10 a day (% of population, 2011 PPP) Low and middle-income country groups 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 East Asia and Pacific 93.3 90.4 85.3 83.9 77.2 67.8 65.0 55.1 43.1 35.3 28.9 24.9 22.2 Europe and Central Asia - - 8.7 7.9 14.3 17.6 19.6 14.3 11.6 7.3 7.1 6.6 6.2 Latin America and the Caribbean 38.0 42.2 33.6 30.8 28.1 27.1 26.2 25.8 20.3 15.4 13.8 12.8 12.0 Middle East and North Africa - 29.6 30.1 24.9 26.9 25.8 20.3 - 18.5 16.0 - - - South Asia 85.4 84.1 83.6 81.8 80.4 76.8 - 75.1 70.3 67.9 63.6 58.8 54.5 Sub-Saharan Africa - - - 76.1 78.8 77.5 77.9 77.8 73.5 70.7 69.6 68.3 67.0 Total six regions 71.5 70.4 67.6 66.1 64.4 60.2 59.0 55.0 48.5 43.9 40.3 37.3 34.9 World 58.8 58.3 56.3 55.3 54.1 50.8 50.0 46.7 42.3 37.4 34.4 31.9 29.9 Source: PovCalNet, World Development Indicators, and World Bank Poverty and Equity databases. For data updates visit data.worldbank.org. Note: PPP = purchasing power parity; - = not available. Data are current as of August 2016. 50 Gross Domestic Product per Capita Index | 2005–15 Africa East Asia and Pacific 250 250 210 200 200 150 150 122 100 100 100 100 50 50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Europe and Central Asia Latin America and the Caribbean 250 250 200 200 150 129 150 118 100 100 100 100 50 50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Middle East and North Africa South Asia 250 250 200 200 170 150 150 111 100 100 100 100 50 50 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Source: World Development Indicators database. 51 Organizational Information Governors and Alternates of the World Bank 53 Executive Directors and Alternates of the World Bank and Their Voting Power 58 Development Committee Communique (October 10, 2015) 62 Development Committee Communique (April 16, 2016) 64 Officers of the World Bank 66 Organization Chart of the World Bank (June 13, 2016) 67 Annual Remuneration Disclosure Notice 68 Offices of the World Bank 71 International Bank for Reconstruction and Development Membership 78 International Development Association Membership 83 Country Eligibility for Borrowing from the World Bank 88 World Bank Expenditures by Organizational Unit 91 Contributions: Top-10 Trust Fund Donors 92 Governors and Alternates of the World Bank | June 30, 2016 Member Country Governor Alternate Afghanistan Eklil Ahmad Hakimi Mohammad M. Mastoor Albania Arben Ahmetaj Elisabeta Gjoni Algeria Hadji Babaammi Abdelhak Bedjaoui Angola Aramando Manuel Job Graca Antigua and Barbudaa Gaston Browne Lennox Weston Argentina Alfonso de Prat Gay Federico Sturzenegger Armenia Vache Gabrielyan Pavel Safaryan Australia Scott Morrison Kelly O'Dwyer Austria Hans Joerg Schelling Harald Waiglein Azerbaijan Elman Siradjogly Rustamov Shahin Mustafayev Bahamas, The Perry G. Christie Simon Wilson Bahraina Ahmed Bin Mohammed Al-Khalifa Yusuf Abdulla Humood Bangladesh Abul Maal A. Muhith Mohammad Mejbahuddin Barbados Christopher P. Sinckler Martin E. Cox Belarusa Vasily Matyushevsky Vladimir Zinovsky Belgium Johan Van Overtveldt Jan Smets Belize Dean O. Barrow Yvonne Sharman Hyde Benin Abdoulaye Bio Tchane Romuald Wadagni Bhutan Namgay Dorji Lam Dorji Bolivia Rene Gonzalo Orellana Halkyer Luis Alberto Arce Catacora Bosnia and Herzegovina Denis Zvizdic Josip Grubesa Botswana Ontefetse Kenneth Matambo Solomon M. Sekwakwa Brazil Henrique de Campos Meirelles Alexandre Antonio Tombini Brunei Darussalama Sultan Haji Hassanal Bolkiah Abd Rahman Ibrahim Bulgariaa Vladislav Goranov Dimitar Kostov Burkina Faso Hadizatou Rosine Coulibaly/Sori Lassane Kabore Burundi Domitien Ndihokubwayo Leon Nimbona Cabo Verde Cristina Duarte Carlos Furtado Cambodia Pornmoniroth Aun Vissoth Vongsey Cameroon Louis Paul Motaze Dieudonne Evou Mekou Canada Bill Morneau Malcolm Brown Central African Republic Florence Limbio Christophe Bremaidou Chad Mariam Mahamat Nour Mahamat Allamine Bourma Treye Chile Rodrigo Osvaldo Valdes Pulido Sergio Granados Aguilar China Jiwei Lou Yaobin Shi Colombia Mauricio Cardenas Santamaria Simon Gaviria Munoz Comoros Mze Chei Oubeidi S. Soifiat Tadjiddine Alfeine Congo, Dem. Rep. Henri Yav Mulang Jean-Claude Masangu Mulongo Congo, Rep. Gilbert Ondongo Ingrid Olga Ghislaine Ebouka-Babackas Costa Rica Helio Fallas Olivier Castro Perez Côte d'Ivoire Daniel Kablan Duncan Jean Claude Brou Croatia Zdravko Maric Igor Radenovic 53 Member Country Governor Alternate Cyprus Harris Georgiades Christos Patsalides Czech Republic Andrej Babis Lenka Juroskova Denmark Kristian Jensen Martin Bille Hermann Djibouti Ilyas Moussa Dawaleh Amareh Ali Said Dominica Roosevelt Skerrit Rosamund Edwards Dominican Republic Juan Temistocles Montas Simon Lizardo Ecuador Fausto Eduardo Herrera Nicolalde Patricio Rivera Yanez Egypt, Arab Rep. Sahar Nasr Ashraf Salman El Salvador Francisco Roberto Lorenzana-Duran Carlos Enrique Caceres Equatorial Guinea Eucario Bacale Angue Milagrosa Obono Angue Eritrea Berhane Habtermariam Martha Woldegiorghis Estonia Sven Sester Marten Ross Ethiopia Abdulaziz Mohammed Ahmed Shide Fiji Aiyaz Sayed-Khaiyum Makereta Konrote Finland Petteri Orpo Kai Mykkanen France Michel Sapin Odile Renaud-Basso Gabon Regis Immongault Roger Owono Mba Gambia, The Abdou Kolley Abdoulie Jallow Georgia Nodar Khaduri George Kvirikashvili Germany Gerd Mueller Thomas Steffen Ghana Seth E. Terkper Mona Helen K. Quartey Greece Georgios Stathakis Ilias Xanthakos Grenada Keith C. Mitchell Timothy Antoine Guatemala Julio Hector Estrada Julio Suarez-Guerra Guinea Kanny Diallo Mohamed Lamine Doumbouya Guinea-Bissau Geraldo Joao Martins Degol Mendes Guyana Winston Jordan VACANT Haiti Yves Romain Bastien Jean Baden Dubois Honduras Wilfredo Rafael Cerrato Rodriguez Manuel de Jesus Bautista Flores Hungary Mihaly Varga Agnes Anna Hornung Iceland Lilja Alfreosdottir Bjarni Benediktsson India Arun Jaitley Shri Shaktikanta Das Indonesia Bambang P.S. Brodjonegoro Sofyan Djalil Iran, Islamic Rep. Ali Taieb Nia Mohammad Khazaee Torshizi Iraq Hoshyar Mahmoud Zebari VACANT Ireland Michael Noonan Derek Moran Israel Karnit Flug Shai Babad Italy Ignazio Visco Filippo Giansante Jamaicaa Audley Shaw Devon Rowe Japan Taro Aso Haruhiko Kuroda Jordan Imad Najib Fakhoury Saleh Al-Kharabsheh Kazakhstan Erbolat A. Dossaev Madina Abylkassymova Kenya Henry Kiplagat Rotich Kamau Thugge Kiribati Teuea Toatu Eriati Manaima 54 Member Country Governor Alternate Korea, Rep. Ilho Yoo Juyeol Lee Kosovo Avdullah Hoti VACANT Kuwait Anas K. Al-Saleh Abdulwahab Ahmed Al-Bader Kyrgyz Republic Adylbek Kasymaliev Arzybek Kozhoshev Lao PDR Somdy Douangdy Sonexay Sitphaxay Latvia Dana Reizniece-Ozola Arvils Aseradens Lebanon Ali Hassan Khalil Alain Hakim Lesotho Francis Mokoto Hloaele Tlohelang Aumane Liberia Boima S. Kamara Milton Weeks Libya Kamel Mohamed VACANT Lithuania Rimantas Sadzius Algimantas Rimkunas Luxembourg Pierre Gramegna Arsene Joseph Jacoby Macedonia, FYR Zoran Stavreski Vladimir Pesevski Madagascar Herilanto Raveloharison Vonintsalama Andriambololona Malawi Goodall E. Gondwe Ronald Mangani Malaysia Mohd. Najib Abdul Razak Mohd. Irwan Serigar Abdullah Maldives Abdulla Jihad Ismail Ali Maniku Mali Boubou Cisse Konimba Sidibe Maltaa Edward Scicluna Alfred S. Camilleri Marshall Islands Brenson S. Wase Maybelline A. Bing Mauritania El Moctar Ould Djay Yacoub Ould Ahmed Aicha Mauritius Seetanah Lutchmeenaraidoo Dharam Dev Manraj Mexico Luis Videgaray Caso Fernando Aportela Rodriguez Micronesia, Fed. Sts. Sihna N. Lawrence Senny Phillip Moldova Octavian Armasu Vernoica Vragaleva Mongolia Bayarbaatar Bolor Naidansuren Zoljargal Montenegro Radoje Zugic Nikola Vukicevic Morocco Mohammed Boussaid Mohammed Louafa Mozambique Adriano Afonso Maleiane Ernesto Gouveia Gove Myanmar Kyaw Win Khin Saw Oo Namibiaa Carl Hermann Gustav Schlettwein Ipumbu Shiimi Naurua David Adeang Martin Hunt Nepal Bishnu Prasad Paudel Lok Darshan Regmi Netherlands Jeroen Dijsselbloem Lilianne Ploumen New Zealand Bill English Gabriel Makhlouf Nicaragua Ivan Acosta Montalvan Francisco J. Mayorga Niger Saidou Sidibe Gado Mahamadou Nigeria Kemi Adeosun Mahmoud Isa-Dutse Norway Borge Brende Tone Skogen Oman Darwish bin Ismail Al Balushi VACANT Pakistan Mohammad Ishaq Dar Tariq Bajwa Palau Elbuchel Sadang Rhinehart Silas Panama Dulcidio De La Guardia Ivan Zarak Papua New Guinea Patrick Pruaitch Dairi Vele 55 Member Country Governor Alternate Paraguay Santiago Pena Palacios Lea Raquel Gimenez Duarte Peru Alonso Arturo Segura Vasi Rossana Carla Polastri Clark Philippines Cesar V. Purisima Amando M. Tetangco, Jr. Poland Marek Belka Leszek Skiba Portugal Mario Centeno Manuel Rodrigues Qatara Ali Sharieff Al Emadi Abdullah Bin Saoud Al-Thani Romania Anca Dana Dragu Liviu Voinea Russian Federation Anton Siluanov Alexey Ulyukaev Rwanda Claver Gatete Uzziel Ndagijimana Samoa Sili Sala Epa Tuioti Iulai Lavea San Marinoa Marco Arzilli Dario Galassi São Tomé and Príncipe Americo d'Oliveira dos Ramos Ana Maria da Conceicao Silveira Saudi Arabia Ibrahim A. Al-Assaf Ahmed A. Alkholifey Senegal Amadou Ba Daouda Sembene Serbia Dusan Vujovic Rasim Ljajic Seychellesa Jean Paul Adam Caroline Abel Sierra Leone Kaifala Marah Edmund Koroma Singapore Swee Keat Heng Ching Yee Tan Slovak Republic Peter Kazimir Jan Toth Slovenia Dusan Mramor Irena Sodin Solomon Islands Snyder Rini Harry Degruit Kuma Somalia Mohamed Adam Ibrahim Bashir Isse South Africa Pravin Jamnadas Gordhan Lungisa Fuzile South Sudan David Deng Athorbei Kornelio Koryom Spain Luis De Guindos Inigo Fernandez de Mesa Sri Lanka Ravi Karunanayake K.M. Liyanage St. Kitts and Nevis Timothy S. Harris Hillary Hazel St. Lucia Kenny D. Anthony Reginald Darius St. Vincent and the Grenadines Ralph E. Gonsalves Laura Anthony-Browne Sudan Bader Eldin Mahmoud Abbas Abd Elrahman Mohamed Dirar Surinamea Gillmore Hoefdraad Sieglien Burleson Swaziland Hlangusemphi Dlamini Bheki Sibonangaye Bhembe Sweden Magdalena Andersson Isabella Lovin Switzerland Johann N. Schneider-Ammann Didier Burkhalter Syrian Arab Republic Humam Al-Jazaeri Mohammad Hamandosh Tajikistan Abdusalom Qurboniyon Negmatullo Hikmatullozoda Tanzania Philip Isdor Mpango Servacius Beda Likwelile Thailand Apisak Tantivorawong Somchai Sujjapongse Timor-Leste Santina JRF Viegas Cardoso Helder Lopes Togo Kossi Assimaidou Aheba Johnson Tonga Aisake Valu Eke Tatafu Moeaki Trinidad and Tobago Colm Imbert Camille Robinson-Regis Tunisia Yassine Brahim Kalthoum Hamzaoui Turkey Cavit Dagdas Hakan Tokac 56 Member Country Governor Alternate Turkmenistana Muhammetguly A. Muhammedov Dovletmurat A. Mulkiyev Tuvalu Maatia Toafa Letasi Iuali Uganda Matia Kasaija Keith Muhakanizi Ukraine VACANT Aivaras Abromavicius United Arab Emirates Hamdan bin Rashid Al-Maktoum Obaid Humaid Al Tayer United Kingdom Justine Greening George Osborne United States Jacob J. Lew Catherine Novelli Uruguaya Danilo Astori Pablo Ferreri Uzbekistan Galina Saidova Ravshan Gulyamov Vanuatu Gaetan Pikioune Simeon Malachi Athy Venezuela, RBa Rodolfo Medina del Rio Eudomar Rafael Tovar Vietnam Minh Hung Le Thi Hong Nguyen Yemen, Rep. Mohammed Al-Maitami Nazar Abdulla Basuhaib Zambia Alexander B. Chikwanda Fredson K. Yamba Zimbabwe Patrick Anthony Chinamasa Willard Lowenstern Manungo Source: Corporate Secretariat, June 30, 2016. a. Not a member of IDA 57 Executive Directors and Alternates of the World Bank and Their Voting Power | June 30, 2016 IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Appointed Matthew McGuire (Vacant) United States 384,357 16.64 2,707,023 10.38 Masahiro Kan Daiho Fujii Japan 166,123 7.19 2,199,092 8.44 Yingming Yang Jinadi Ye China 107,273 4.64 571,811 2.19 Ursula Mueller Claus Michael Happe Germany 97,253 4.21 1,420,639 5.45 Hervé de Villeroché Arnaud Delaunay France 91,083 3.94 993,516 3.81 Melanie Robinson Clare Roberts United Kingdom 91,083 3.94 1,616,445 6.20 Elected Franciscus Godts Gulsum Yazganarikan Austria, Belarusa, Belgium, Czech 116,233 5.03 1,210,487 4.66 (Belgium) (Turkey) Republic, Hungary, Kosovo, Luxembourg, Slovak Republic, Slovenia, Turkey Jose Rojas Beatriz de Guindos Costa Rica, El Salvador, 96,873 4.19 646,755 2.48 (República Bolivariana (Spain) Guatemala, Honduras, Mexico, de Venezuela) Nicaragua, Spain, Venezuela (República Bolivariana de)a Frank Heemskerk Claudiu Doltu Armenia, Bosnia and Herzegovina, 95,657 4.14 1,273,626 4.88 (Netherlands) (Romania) Bulgariaa, Croatia, Cyprus, Georgia, Israel, Macedonia (former Yugoslav Republic of), Moldova, Montenegro, Netherlands, Romania, Ukraine Heenam Choi Jason Allford Australia, Cambodia, Kiribati, 94,123 4.07 1,015,871 3.91 (Republic of Korea) (Australia) Korea (Republic of), Marshall Islands, Micronesia (Federated States of), Mongolia, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Tuvalu, Vanuatu Subhash Garg Muhammad Musharraf Bangladesh, Bhutan, India, Sri 84,941 3.68 1,053,292 4.05 (India) Hossain Bhuiyan Lanka (Bangladesh) Alister Smith Peteranne Tamara Antigua and Barbudaa, The 84,183 3.64 1,164,310 4.48 (Canada) Donaldson Bahamas, Barbados, Belize, (Jamaica) Canada, Dominica, Grenada, Guyana, Ireland, Jamaicaa, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines 58 IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Antonio Silveira Rosalia de Leon Brazil, Colombia, Dominican 77,254 3.34 844,685 3.24 (Brazil) (Philippines) Republic, Ecuador, Haiti, Panama, Philippines, Surinamea, Trinidad and Tobago Satu-Leena Santala Sanita Bajare Denmark, Estonia, Finland, 74,269 3.22 1,400,987 5.36 (Finland) (Latvia) Iceland, Latvia, Lithuania, Norway, Sweden Nasir Mahmood Khosa Omar Bougara Afghanistan, Algeria, Ghana, Iran 72,856 3.15 679,491 2.59 (Pakistan) (Algeria) (Islamic Republic of), Morocco, Pakistan, Tunisia Patrizio Pagano Nuno Mota Pinto Albania, Greece, Italy, Maltaa, 72,701 3.15 786,847 3.01 (Italy) (Portugal) Portugal, San Marinoa, Timor-Leste Jorg G. Frieden Wieslaw Leonard Azerbaijan, Kazakhstan, Kyrgyz 71,752 3.11 1,185,288 4.54 (Switzerland) Szczuka Republic, Poland, Serbia, (Poland) Switzerland, Tajikistan, Turkmenistana, Uzbekistan Rionald Silaban Pornwasa Sirinupongs Brunei Darussalama, Fiji, 70,356 3.05 779,514 3.00 (Indonesia) (Thailand) Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, Vietnam Andrei Lushin Eugene B. Miagkov Russian Federation, Syrian Arab 70,065 3.03 97,798 0.37 (Russian Federation) (Russian Federation) Republic Khalid Alkhudairy Turki Dhaifallah Saudi Arabia 67,184 2.91 849,303 3.26 (Saudi Arabia) Almutairi (Saudi Arabia) Merza Hasan Karim Wissa Bahraina, Egypt (Arab Republic of), 59,238 2.56 544,396 2.08 (Kuwait) (Arab Republic of Iraq, Jordan, Kuwait, Lebanon, Egypt) Libya, Maldives, Oman, Qatara, United Arab Emirates, Yemen (Republic of) Alejandro Foxley Daniel Pierini Argentina, Bolivia, Chile, Paraguay, 46,535 2.01 453,003 1.74 (Chile) (Argentina) Peru, Uruguaya Mohamed Kayad Seydou Bouda Benin, Burkina Faso, Cabo Verde, 43,489 1.88 1,155,700 4.42 (Djibouti) (Burkina Faso) Cameroon, Central African Republic, Chad, Comoros, Congo (Democratic Republic of), Congo (Republic of), Côte d’Ivoire, Djibouti, Equatorial Guinea, Gabon, Guinea, Guinea-Bissau, Madagascar, Mali, Mauritania, Mauritius, Niger, São Tomé and Príncipe, Senegal, Togo 59 IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Peter Larose Andrew Bvumbe Botswana, Burundi, Eritrea, 39,923 1.73 1,097,049 4.21 (Seychelles) (Zimbabwe) Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibiaa, Rwanda, Seychellesa, Sierra Leone, Somalia, South Sudan, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe Ana Lourenco Bongi Kunene Angola, Nigeria, South Africa 35,116 1.52 321,271 1.23 (Angola) (South Africa) Note: Nauru (1,265 votes in IBRD) became a member after the 2014 regular election of Executive Directors. a. Not a member of IDA. 60 In addition to the Executive Directors and Alternates shown in the foregoing list, the following also served after June 30, 2015. Executive Director End of period of service Alternate End of period of service Shixin Chen May 27, 2016 Janet Harris November 1, 2015 (China) (St. Kitts and Nevis) Sung-Soo Eun January 17, 2016 Daniel Kostzer April 27, 2016 (Republic of Korea) (Argentina) Gwen Hines August 5, 2015 Wilhelm Michael Rissmann August 31, 2015 (United Kingdom) (Germany) Mohammad Tareque October 31, 2015 (Bangladesh) Roman Zhukovskyi August 2, 2015 (Ukraine) 61 FOR IMMEDIATE RELEASE DEVELOPMENT COMMITTEE JOINT MINISTERIAL COMMITTEE OF THE BOARDS OF GOVERNORS OF THE BANK AND THE FUND ON THE TRANSFER OF REAL RESOURCES TO DEVELOPING COUNTRIES 1818 H Street, N.W., Washington, D.C. 20433 Telephone: (202) 458-2980 Fax: (202) 522-1618 Lima, Peru, October 10, 2015 1. The Development Committee met today, October 10, 2015, in Lima. 2. Global growth remains weak, and the downside risks for the second half of 2015 and 2016 have risen. A moderate recovery in high-income countries is still continuing, but prospects of tighter financing conditions, slowing trade, and renewed weakness in commodity prices are weighing on confidence in many developing countries. We call on the World Bank Group (WBG) and the International Monetary Fund (IMF) to monitor risks and vulnerabilities closely, to enhance their assistance to countries to support growth and build resilience, and to play their countercyclical role when needed. 3. Given the scale of the current refugee and migrant crisis, we call for targeted support, in collaboration with the UN and other partners, in addressing the challenges for countries and regions in turmoil, especially in the Middle East and North Africa, but also in other fragile and conflict states. 4. The Sustainable Development Goals (SDGs) chart a new course for development for the next 15 years. The SDGs are universal, integrated, and align with the WBG’s corporate goals. Building on the Billions to Trillions discussion at the last Spring Meetings we endorse the WBG’s role and support for the 2030 Agenda for Sustainable Development. This will involve convening, connecting and coordinating with governments, UN, IMF, MDBs, and the WTO, private sector and civil society to mobilize the financing needed; deliver development solutions at country, regional, and global levels, including through South-South cooperation. We stress the need to focus on inclusive growth, jobs, infrastructure, human development and health systems, and to deepen the WBG’s engagement in fragile and conflict states. Private sector development is crucial to achieving the SDGs. We call on the IFC and MIGA to play a more catalytic role to mobilize private sector investment and finance for development. We welcome the steps the WBG has taken to enhance its effectiveness and delivery to respond to strong demand, through operational reforms and optimizing the use of its balance sheets and external resources. We recognize that the WBG must remain adequately resourced to meet its goals and to contribute to the SDGs and climate agendas. 5. IDA remains a critical tool to achieve the WBG’s goals and the SDGs and we look forward to continued strong IDA replenishments and further consideration of options to generate additional IDA financial capacity while ensuring continued focus on the poorest countries. 6. We welcome the IMF’s support for the 2030 Agenda, including its decision to increase access to concessional lending facilities, and its work to boost economic resilience and sustain global economic and financial stability. 62 7. We urge the WBG and the IMF to scale up their support to developing countries to improve domestic resource mobilization, public financial management and to curb illicit finance. Illicit finance and the underlying activities, including tax evasion, corruption, criminal activities, collusion, represent a major drain on the resources of developing countries. We welcome their plans to work jointly to build capacity for developing countries, including on international tax issues. 8. Climate change and natural disasters put hard-earned development gains at risk, particularly for the poor and vulnerable. Smart policy and investment choices can help transition to economic growth paths that reduce poverty while preserving the environment. We urge the WBG to scale up its technical and financial support and mobilize resources to assist countries in assessing climate risks and opportunities, to address the drivers of climate change, and to build resilience. We look forward to an updated report on Disaster Risk Management in Spring 2016. We call on the WBG to enhance its support for small states in building resilience against and mitigating the impact of natural disasters and climate change, which are among the greatest challenges faced by these countries. We look forward to a successful COP21 meeting in Paris. 9. We reaffirm our commitment to gender equality, critical to ending poverty, boosting shared prosperity, and building more inclusive societies. We look forward to the implementation of a new WBG gender strategy aimed at closing persistent gender gaps. 10. The Global Monitoring Report has proven its value in tracking progress in achieving the MDGs and we are confident it will play a similar role for the SDGs. The latest GMR shows that changes in global demography will profoundly affect the trajectory of global development during the 2030 Agenda period. With the right policies, demographic change can help growth both in developing and developed economies. We urge the WBG to take demographic challenges into account in its work to support development policies. 11. We stress the importance of strengthening data quality and coverage, and its availability for policy making and for monitoring and implementing the SDGs. We call on the WBG and the IMF to increase their support to developing countries in building national data capacity and investing in evidence. 12. We welcome the Report of the 2015 Shareholding Review and agree to the shareholding review principles and the Roadmap for its implementation, including further consideration of the WBG’s long term role. We commit to implementing the Roadmap, including agreement on a dynamic formula by the 2016 Annual Meetings, based on the guidance set out in the report. We stress the critical importance of wider reforms to strengthen WBG responsiveness to its members and their voice and representation in its governance. We will continue to promote diversity and inclusion to reflect better the global nature of the WBG. 13. Delivering transformative development solutions requires a focus on results, support for implementation, and fiduciary and safeguards policies to manage risks. This will ensure responsiveness to client needs and deliver sustainable development outcomes. We welcome the new procurement framework approved in July 2015 and look forward to successful completion of the review and update of the World Bank's environmental and social framework. 14. The Committee expressed its appreciation to the Government of the Republic of Peru for hosting the Annual Meetings. We thanked Mr. Marek Belka, President of the National Bank of Poland, for his valuable and outstanding leadership and guidance as Chairman of the Committee during the past four years, and welcomed his successor, Mr. Bambang Brodjonegoro, Minister of Finance of Indonesia. 15. The next meeting of the Development Committee is scheduled for April 16, 2016, in Washington, D.C. 63 FOR IMMEDIATE RELEASE DEVELOPMENT COMMITTEE JOINT MINISTERIAL COMMITTEE OF THE BOARDS OF GOVERNORS OF THE BANK AND THE FUND ON THE TRANSFER OF REAL RESOURCES TO DEVELOPING COUNTRIES 1818 H Street, N.W., Washington, D.C. 20433 Telephone: (202) 458-2980 Fax: (202) 522-1618 Washington, DC April 16, 2016 1. The Development Committee met today, April 16, in Washington, D.C. 2. Global growth continues to disappoint in 2016. Substantial downside risks to growth remain, including weak demand, tighter financial markets, softening trade, persistently low oil and commodity prices, and volatile capital flows. We call on the World Bank Group (WBG) and the International Monetary Fund (IMF), within their respective mandates, to monitor these risks and vulnerabilities closely, and update the Debt Sustainability Framework for Low-Income Countries. We also call on them to provide policy advice and financial support for sustained, inclusive and diversified growth and resilience. 3. We are encouraged by progress on the Forward Look exercise on the medium to long term future of the WBG, which aims to ensure that the Group remains a strong global development institution in an evolving development landscape; and we expect a final report by the Annual Meetings. The Board and management shall develop proposals to ensure that the WBG remains responsive to the diverse needs of all its clients; leads on global issues and knowledge; makes the “billions to trillions” agenda a reality; partners effectively with the private sector; becomes a more effective and agile development partner; and adapts its business model accordingly. The Board and management should continue to consider ways to strengthen the financial position of the WBG institutions, including by optimizing the use of their existing resources, so that they are adequately resourced to accomplish the Group’s mission. 4. Fragility and conflict have displaced millions of people, significantly impacting both origin and host countries. We look forward to WBG and IMF action in this area, within their respective mandates and in partnership with humanitarian and other actors, to mitigate the vulnerabilities of forcibly displaced persons, to help host communities manage shocks, and to tackle the root causes of forced displacement. We urge the international community to take action in supporting these vulnerable populations who largely live below the poverty line. We recognize the sacrifices and generosity of host countries and the lack of adequate instruments to support them. We welcome Islamic Development Bank, UN and WBG efforts to develop the financing facility for the Middle East and North Africa and donor commitments to this initiative. We ask the WBG to explore options to develop a long term global crisis response platform. We look forward to the upcoming first World Humanitarian Summit and the Summit on Refugees at the UN General Assembly. 5. IDA remains the most important source of concessional financing for the poorest countries. We advocate for a strong IDA 18 replenishment with the support of traditional and new donors that ensures continued focus on the poorest countries. We look forward to a concrete and ambitious proposal on IDA leveraging options in the context of the replenishment. 64 6. In 2016, we begin the task of implementing in earnest the challenging program we committed to in the 2030 Development Agenda. In line with their comparative advantage, the IMF, MDBs, UN and WBG should partner to support developing countries’ efforts to meet the SDGs, while adjusting to a slower growth environment and reduced private capital flows. We support collaboration among MDBs on developing high quality financing for sustainable and growth-oriented infrastructure investments. The WBG and IMF should also step up efforts to implement the Addis Ababa Action Agenda on Financing for Development, in particular, crowding in the private sector and boosting domestic resource mobilization, including by tackling illicit financial flows. 7. The private sector is critical to achieve our ambitious development objectives. Inclusive job creation is central to shared prosperity. We encourage all WBG institutions to work together in support of this agenda. In particular, we call on IFC and MIGA to do more to catalyze sustainable economic growth, including by mobilizing funds and providing guarantees in the most challenging environments, and to small and medium enterprises. We also urge IFC, IBRD and IDA to help countries undertake reforms and invest in the quality infrastructure needed to establish business environments that support private investment and local entrepreneurs. 8. Achieving gender equality is central to the 2030 Agenda for Sustainable Development. We welcome the WBG’s recent adoption of the renewed gender strategy and look forward to its effective implementation. 9. The WBG should continue to deliver evidence-based development solutions at the country, regional, and global levels, including through improved country data systems, and South-South cooperation both in low- and middle-income countries. We urge the WBG and IMF to become more effective in fragile and conflict situations, through strengthened operational capacity in affected countries, better-tailored capacity development activities, incentives and enhanced security for staff, and innovative financing and resourcing. 10. We stress the need to strengthen country institutions and health systems, including enhancement of pandemic prevention and preparedness, in close collaboration with the World Health Organization and other stakeholders. We urge the WBG to finish the preparatory work on the Pandemic Emergency Facility as soon as possible and foster a new market for pandemic risk management insurance. 11. We applaud the historic Paris Agreement, which set the stage for ambitious climate action for all stakeholders. The WBG’s recent Climate Change Action Plan sets out its commitment to help operationalize, based on client demand, climate-smart policies and projects as well as to scale up technical and financial support for climate change mitigation and adaptation, consistent with UNFCCC. Small states, the poor and the vulnerable are among the most exposed to the negative impacts of climate change and natural disasters and we urge the WBG and IMF to continue to step up their support to build resilience in these countries. 12. We welcome the Progress Report on Mainstreaming Disaster Risk Management. We call on the WBG to implement actions and policies using the principles of prevention and preparedness and to continue to build capacity for disaster response guided by the Sendai Framework for Disaster Risk Reduction, in particular, in Small Island Developing States. We look forward to an update on the Progress Report in two years. 13. We encourage management and the Board to finalize the modernization of the World Bank’s Environmental and Social Framework by August 2016. 14. We welcome the interim report on the Dynamic Formula and stress the need for the planned further work aiming to reach an agreement by the 2016 Annual Meetings in line with the Shareholding Review principles and the Roadmap agreed in Lima. 15. The next meeting of the Development Committee is scheduled for October 8, 2016. 65 Officers of the World Bank | June 30, 2016 Name Title Jim Yong Kim President Sri Mulyani Indrawati Managing Director and Chief Operating Officer Joaquim Levy Managing Director and World Bank Group Chief Financial Officer Shaolin Yang Managing Director and World Bank Group Chief Administrative Officer Kaushik Basu Chief Economist and Senior Vice President Anne-Marie Leroy Senior Vice President and World Bank Group General Counsel Mahmoud Mohieldin Senior Vice President for the 2030 Development Agenda, United Nations, and Partnerships R. Kyle Peters Senior Vice President, Operations Pedro Alba Vice President, Budget, Performance Review, and Strategic Planning Gonzalo Castro Chairperson, Inspection Panel Ousmane Diagana Vice President and World Bank Group Chief Ethics Officer Makhtar Diop Vice President, Africa Annette Dixon Vice President, South Asia Jorge Familiar Calderon Vice President, Latin America and the Caribbean Stephanie von Friedeburg World Bank Group Chief Information Officer and Vice President, Information and Technology Solutions Hafez Ghanem Vice President, Middle East and North Africa Keith Hansen Vice President, Human Development Caroline Heider Director-General, Independent Evaluation Group Victoria Kwakwa Vice President, East Asia and Pacific Bernard Lauwers Vice President and World Bank Group Controller Leonard McCarthy Vice President, Institutional Integrity Sean McGrath Vice President, World Bank Group Human Resources Cyril Muller Vice President, Europe and Central Asia Hiroshi Naka Vice President and Auditor-General Arunma Oteh Vice President and Treasurer Sheila Redzepi Vice President, World Bank Group External and Corporate Relations Hartwig Schafer Vice President, Operations Policy and Country Services Lakshmi Shyam-Sunder Vice President and World Bank Group Chief Risk Officer Axel van Trotsenburg Vice President, Development Finance Yvonne Tsikata Vice President and Corporate Secretary Laura Tuck Vice President, Sustainable Development Jan Walliser Vice President, Equitable Growth, Finance, and Institutions 66 Organizational Chart Board of Governors Effective June 13, 2016 Caroline Heider Gonzalo Castro Director General Executive Directors Chairperson Independent Evaluation Inspection Panel Anne-Marie Leroy Yvonne Tsikata Sr. Vice President & Vice President WBG General Counsel Corporate Secretary Jim Yong Kim Kaushik Basu Sr. Vice President & President Chief Economist Hiroshi Naka Vice President & Auditor-General Mahmoud Mohieldin Internal Audit Sr. Vice President 2030 Development Agenda UN Relations & Partnerships Sean McGrath Vacant Sheila Redzepi Vice President Vice President Vice President Joaquim Levy Shaolin Yang Sri Mulyani Indrawati Managing Director Managing Director Kyle Peters Managing Director & & WBG Chief & WBG Chief Leadership, WBG External & Senior Vice President Chief Operating Officer Financial Officer Administrative Officer WBG Human Learning Corporate Resources & Innovation *) Relations Operations Lakshmi Shyam-Sunder Pedro Alba Vice President & Hartwig Schafer Jorge Familiar Calderon Vice President Makhtar Diop Vice President Keith Hansen WBG Chief Risk Officer Vice President Vice President Vice President Budget, Performance Latin America and Group Chief Risk Officer Operations Policy and Africa Human Development Review & Strategic Planning Country Services Caribbean Axel van Trotsenburg Leonard McCarthy Victoria Kwakwa Hafez Ghanem Laura Tuck Vice President Vice President Vice President Vice President Vice President Development Finance Institutional Integrity East Asia and Pacific Middle East & North Africa Sustainable Development Ousmane Diagana Arunma Oteh Vice President & Jan Walliser Vice President & WBG Chief Ethics Officer Cyril Muller Annette Dixon Vice President Treasurer Vice President Vice President WBG Ethics & Business Equitable Growth, Finance Treasury Conduct Europe and Central Asia South Asia and Institutions Stephanie von Friedeburg Bernard Lauwers Vice President & 67 Vice President & WBG CIO WBG Controller WBG Information and WBG Finance & Accounting Technology Solutions *) Functions to be realigned effective July 1, 2016 Annual Remuneration Disclosure Notice Background Effective as of fiscal 2007, the World Bank Group decided to disclose the remuneration of Executive Management, Executive Directors, and staff in the annual report. The Annual Remuneration Disclosure Notice contains the actual net salaries, annual World Bank Group contribution to the pension plan, and World Bank Group contribution to benefits for the President, Executive Directors, Alternate Executive Directors, and staff at Managing Director–level GK. The Annual Remuneration Disclosure Notice format was developed by a team composed of members from External and Corporate Relations; the Office of Ethics and Business Conduct; Human Resources Department of Compensation and Benefits; and Legal Institutional Administration. The Annual Remuneration Disclosure Notice does not follow the exact Executive Compensation Disclosure requirements in U.S. Securities and Exchange Commission (SEC) Regulations S-K, but is designed to provide a reasonable voluntary disclosure of World Bank Group compensation and benefits. The report also lists the staff salary structure with the overall average benefits at each grade level. Calculation of Compensation and Benefits Consistent with previous years, in fiscal 2016 the following assumptions were used to determine the annual World Bank Group contribution to the pension plan and other benefits: Executive Management Remuneration 1. Annual Net Salary: This shows the actual annual net salary as of June 30, 2016. 2. Annual World Bank Group Contribution to the Pension Plan: This represents the Bank Group’s estimated contribution to the pension plan calculated as a percentage of salaries, as approved by the Pension Finance Committee. For fiscal 2016 the overall Staff Retirement Plan (SRP) contribution rate is 29.87 percent as provided by Treasury. The World Bank Group pension contribution decreased from 32.25 percent in fiscal 2015 to 29.87 percent in fiscal 2016. SRP contribution rates are determined using an adjusted value of pension plan assets based on an averaging methodology. 1 3. The estimated contribution split between gross and net plan participants is 42.44 percent for gross plan and 27.13 percent for net plan as estimated by the Bank Group’s Principal Actuary. 4. Thus, for Executive Management in the gross plan (Jin-Yong Cai, Roland K. Peters, and Philippe H. Le Houerou), the fiscal 2016 pension contribution is estimated at 42.44 percent. For the rest of management, who are in the net plan, the pension contribution is estimated at 27.13 percent. The Annual World Bank Group Contribution to Other Benefits: This is an estimate of the Bank Group’s contribution to benefits (excluding pension, tax allowances of 11.44 percent, and separation grant of 1.65 percent for those not eligible). The historical average benefits, excluding pension, is 37.49 percent of salary. Next Steps The enclosed annual disclosure report will be published as part of the World Bank Annual Report and posted on the accompanying website. 1 The Pension Finance Committee considered and approved a revised funding methodology in December 2009, which became effective for SRP valuations as of January 1, 2010, and contribution calculations as of July 1, 2010. The revised funding method is projected to further stabilize the pattern of World Bank Group contributions, with the annual change in contribution rates expected to be approximately half that under the previous method over the longer term. The new funding policy is based on the SRP’s actuarial asset value on a smoothed average of the preceding five years; previously, the funding policy used a three-year average. 68 Remuneration of Executive Management, Executive Directors, and Staff To recruit and retain highly qualified staff, the World Bank Group has developed a compensation and benefits system designed to be internationally competitive, to reward performance, and to take into account the special needs of a multinational and largely expatriate staff. The World Bank Group's staff salary structure is reviewed annually by the Executive Directors, and if warranted, is adjusted on the basis of a comparison with salaries paid by private financial and industrial firms and by representative public sector agencies in the U.S. market. After analyses of updated comparator salaries, the Board approved an average increase in the salary structure of 2.7 percent for fiscal 2016, effective July 1, 2015, for Washington-based staff. The annual salaries (net of taxes) of executive management of the World Bank Group (WBG) were as follows as of June 30, 2016: Executive Management: Annual Salaries (Net of Taxes, US$) Annual WBG Annual WBG Annual net contribution to contribution to Name and position salarya pension planb other benefitsc Jim Yong Kim, President d 492,690 133,667 208,407 Sri Mulyani Indrawati, Managing Director and Chief Operating Officer 411,600 111,667 100,431 e Bertrand Badre, Managing Director, Finance and CFO 411,600 111,667 100,431 Jin-Yong Cai, Executive Vice President, IFC f 411,580 174,675 g 100,426 Philippe H. Le Houerou, Executive Vice President and CEO, IFC h 411,000 174,428 g 182,485 Joaquim Vieira Ferreira Levy, Managing Director and WBG Chief 400,000 108,520 97,601 Financial Officer i Anne-Marie Leroy, Senior Vice President and General Counsel 392,270 106,423 95,715 Kaushik Basu, Senior Vice President & Chief Economist 390,730 106,005 95,339 Mahmoud Mohieldin, Senior Vice President 390,020 105,812 95,166 j Shaolin Yang, Managing Director and WBG Chief Administrative Officer 390,000 105,807 95,161 Keiko Honda, Executive Vice President and Chief Executive Officer, MIGA 388,020 105,270 94,678 Roland K. Peters, Senior Vice President, Operations g 381,040 161,713 99,243 Caroline Heider, Director General 365,610 99,190 89,210 k Executive Directors 253,730 n.a. n.a. k Alternate Executive Directors 219,490 n.a. n.a. a. The salaries are set on a net-of-tax basis as WBG staff, other than U.S. citizens, are usually not required to pay income taxes on their WBG compensation. b. Approximate annualized WBG contribution made to the Staff Retirement Plan and deferred compensation plans from July 1, 2015, through June 30, 2016. c. Other benefits include annual leave; medical, life, and disability insurance; accrued termination benefits; and other nonsalary benefits. Other benefits exclude tax allowances. d. Dr. Kim's WBG contribution to other benefits includes a supplemental allowance of $88,190 to cover expenses. As a U.S. citizen, Dr. Kim's salary is taxable, and he receives a tax allowance to cover the estimated taxes on his salary and benefits. In addition to his pension, Dr. Kim receives a supplemental retirement benefit equal to 5 percent of annual salary. e. Mr. Bertrand Badre transferred from his position as Managing Director and CFO to Special Advisor, Office of the President, effective March 4, 2016. f. Mr. Jin-Yong Cai retired from his position as Executive Vice President of IFC effective January 31, 2016, and his actual salary for the period July 1, 2015, to January 31, 2016, was $240,088. The Bank Group contributed approximately $101,893 to his pension and $58,582 to other benefits over the fiscal year. g. Pension benefits for these staff members are based on Staff Retirement Plan provisions in effect prior to April 15, 1998. h. Mr. Philippe H. Le Houerou's appointment to Executive Vice President and CEO of IFC was effective March 1, 2016. His actual net-of-tax salary for March 1, 2016, through June 30, 2016, was $137,000. The Bank Group contributed approximately $58,143 to his pension and $33,428 to other benefits over the fiscal year. Mr. Le Houerou received a recruitment bonus in the amount of $102,750 and a scarce skills premium in the amount of $27,400 for the period of March 1, 2016, through June 30, 2016. i. Mr. Joaquim Vieira Ferreira Levy's appointment to the Managing Director and WBG Chief Financial Officer was effective February 1, 2016. His actual net-of-tax salary for February 1, 2016, through June 30, 2016, was $166,667. The Bank Group contributed approximately $45,217 to his pension and $40,667 to other benefits over the fiscal year. j. Mr. Shaolin Yang's appointment to the Managing Director and WBG Chief Administrative Officer was effective February 29, 2016. His actual net-of-tax salary for February 29, 2016, through June 30, 2016, was $131,625. The Bank Group contributed approximately $35,710 to his pension and $32,117 to other benefits over the fiscal year. k. These figures do not apply to the U.S. Executive Director and Alternate Executive Director, who are subject to U.S. congressional salary caps. 69 As of June 30, 2016, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group staff were as follows: Staff Salary Structure (Washington, DC) Market Staff at Average Average Minimum reference Maximum grade level salary/grade benefita Grades Representative job titles (US$) (US$) (US$) (%) (US$) (US$) GA Office Assistant 25,700 36,700 47,700 0.02 43,697 24,433 GB Team Assistant, Information Technician 31,400 44,900 58,400 0.34 46,154 25,807 GC Program Assistant, Information Assistant 38,300 54,700 71,100 7.41 56,852 31,789 Senior Program Assistant, Information GD 45,400 64,800 84,200 6.43 70,422 39,376 Specialist, Budget Assistant GE Analyst 61,500 87,800 114,100 9.99 80,679 45,112 GF Professional 81,200 116,000 150,800 21.08 105,275 58,865 GG Senior Professional 108,000 154,300 200,600 32.57 146,140 81,715 GH Manager, Lead Professional 147,500 210,700 273,900 19.32 204,110 114,129 GI Director, Senior Advisor 224,300 280,400 336,500 2.37 272,763 152,516 GJ Vice President 273,600 321,900 370,200 0.35 337,654 188,800 Managing Director, Executive Vice GK 304,200 357,900 411,600 0.11 393,808 221,996 President Note: Because WBG staff, other than U.S. citizens, are usually not required to pay income taxes on their WBG compensation, the salaries are set on a net-of-tax basis. These salaries are generally equivalent to the after-tax take-home pay of the employees of the comparator organizations and firms from which WBG salaries are derived. Only a relatively small minority of staff will reach the upper third of the salary range. a. Includes medical, life, and disability insurance; accrued termination benefits; and other nonsalary benefits. Excludes tax allowances. 70 Offices of the World Bank Washington, DC Rome Armenia 1818 H Street N.W. The World Bank Ms. Laura Bailey Washington, D.C. 20433, U.S.A. Via Labicana 110 The World Bank Group Tel: (202) 473-1000 00184 Rome, Italy 9 Grigor Lousavorich Street, 6th floor Fax: (202) 477-6391 Tel: (39-06) 77 71 01 Yerevan 0015, Armenia E-mail: Feedback@worldbank.org Fax: (39-06) 70 96 046 Tel: (374-10) 520 992 Web: http://www.worldbank.org Web: http://www.worldbank.org/europe Fax: (374-10) 521 787 E-mail: lbailey@worldbank.org New York Tokyo Web: http://www.worldbank.org/am Mr. Bjorn Erik Gillsater Mr. Yasusuke Tsukagoshi The World Bank Group Special Representative, Japan * Australia 1 Dag Hammarskjold Plaza The World Bank Group Mr. Michel Kerf 885 2nd Avenue, 26th Floor 10th Floor, Fukoku Seimei Building Country Director - Timor-Leste, Papua New New York, N.Y. 10017, U.S.A. 2-2-2 Uchisaiwai-cho, Chiyoda-ku, Guinea & Pacific Islands Tel: (212) 317-4720 Tokyo 100-0011 Japan The World Bank Group Fax: (212) 317-4733 Tel: (81-3) 3597-6650 Level 19, 14 Martin Place E-mail: bgillsater@worldbankgroup.org Fax: (81-3) 3597-6695 Sydney NSW 2000, Australia E-mail:ytsukagoshi@worldbankgroup.org Tel: (61-2) 9235-6412 * Europe Web: http://www.worldbank.org/japan/jp Fax: (61-2) 9235-6593 Mr. Stefan Emblad E-mail: Mkerf@worldbank.org The World Bank * Afghanistan Web: http://www.worldbank.org/pi 66 avenue d’Iéna Mr. Robert J. Saum 75116 Paris, France The World Bank Group * Austria Tel: (33-1) 40 69 30 57 Street No. 15, House No. 19 Ms. Ellen A. Goldstein Fax: (33-1) 40 69 30 64 Wazir Akbar Khan Country Director and Regional Coordinator for E-mail: semblad@worldbankgroup.org Kabul, Afghanistan Southeast Europe Web: http://www.worldbank.org/europe Tel: (93-708) 523-110 The World Bank Group E-mail: rsaum@worldbank.org 31 Praterstrasse, 21st floor Berlin Web: http://www.worldbank.org/af 1020 Vienna, Austria Mr. Rainer Venghaus Tel: (43-1) 217- 0700 The World Bank Albania Fax: (43-1) 217-0701 Reichpietschufer 20 Ms. Tahseen Sayed Khan E-mail: egoldstein@worldbank.org 10785 Berlin, Germany The World Bank Group Web: http://www.worldbank.org/cfrr Tel: (49-30) 7261 4254 Ibrahim Rugova Street, Villa No. 34 E-mail: rvenghaus@worldbankgroup.org Tirana, Albania Azerbaijan Web: http://www.worldbank.org/europe Tel: (355-4) 2280 650/51 The World Bank Group Fax: (355-4) 2240 590 90A Nizami Street Brussels E-mail: TSayed@worldbank.org The Landmark III, 5th Floor Mr. Massimiliano Paolucci Web: http://www.worldbank.org.al Baku, AZ1010, Azerbaijan The World Bank Group Tel.: (994-12) 492 1941 Avenue Marnix 17 Algeria Fax: (994-12) 492 6873 1000 Brussels, Belgium Mr. Demba Ba Web: http://www.worldbank.org.az Tel: (32-2) 552 00 52 The World Bank Group Fax: (32-2) 552 00 25 07, Chemin Macklay * Bangladesh E-mail: mpaolucci@worldbankgroup.org Ben Aknoun Mr. Qimiao Fan Web: http://www.worldbank.org/eu Algiers, Algeria 16306 The World Bank Tel: (213) 21 79 51 53 - 58 Plot E-32, Agargaon Geneva Fax: (213) 21 79 51 59 Sher-e-Bangla Nagar Mr. Jos Verbeek E-mail: Dba@worldbank.org Dhaka 1207, Bangladesh The World Bank Web: http://www.worldbank.org/dz (postal address: G.P.O. Box 97) 3 chemin Louis-Dunant Tel: (880-2) 5566-7777 Post Office Box 66 Angola Fax: (880-2) 5566-7778 1211 Geneva 20, Switzerland Ms. Clara Ana Coutinho De Sousa E-mail: qfan@worldbank.org Tel: (41-22) 748 1000 Banco Mundial Web: http://www.worldbank.org.bd Fax: (41-22) 748 1030 Largo Albano Machado E-mail: Jverbeek@worldbank.org N° 23/25, Maculusso Belarus Luanda, Republica de Angola Mr. Young Chul Kim London (postal address: Caixa Postal 1331) The World Bank Mr. Andrew J. Felton Tel: (244-222) 394-677 2A Gertsen Street, 2nd Floor The World Bank Group Fax: (244-222) 394-784 Minsk, 220030, Republic of Belarus 12th Floor, Millbank Tower E-mail: cdesousa@worldbank.org Tel: (375-17) 359-1950 21-24, Millbank Web: http://www.worldbank.org/ao Fax: (375-17) 3559-1962 London SW1P 4QP, England E-mail: Ykim2@worldbank.org Tel: (44-20) 7592 8400 * Argentina Web: http://www.worldbank.org.by Fax: (44-20) 7592 8420 Mr. Jesko S. Hentschel E-mail: afelton@worldbankgroup.org The World Bank Group * Belgium Web: http://www.worldbank.org/europe Bouchard 547, 28 & 29 Floors Mr. Arup Banerji (ECCU5) C1106ABG Buenos Aires, Argentina Europe and Central Asia Unit Tel: (54-11) 4316-9700 / 4316-0600 The World Bank Group Fax: (54-11) 4313-1233 Avenue Marnix 17 E-mail: Jhentschel@worldbank.org 1000 Brussels, Belgium Web: http://bancomundial.org.ar Tel: (32-2) 504 09 94 Fax: (32-2) 504 09 99 E-mail: Abanerji@worldbank.org Web: http://www.worldbank.org/eca _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 71 Offices of the World Bank Benin Bulgaria Chile Ms. Katrina M. Sharkey Mr. Antony Thompson Mr. Gaston Mariano Blanco Banque Mondiale The World Bank Group The World Bank Group Route de l'Aeroport World Trade Center - Interpred Dag Hammarskjod 3241 Avenue Jean-Paul II 36 Dragan Tsankov Blvd., Block A, 5th Floor Vitacura, Santiago, Chile Face Hotel Marina ex-Sheraton 1057 Sofia, Bulgaria E-mail: gblanco@worldbank.org Cotonou, Bénin Tel: (359-2) 969 72 29 Tel: (562) 654-1065 (postal address: 03 B.P. 2112) Fax: (359-2) 971 20 45 Fax: (562) 654-1099 Tel: (229) 21 30 58 57 E-mail: Athompson@worldbank.org Fax: (229) 21 30 17 44 Web: http://www.worldbank.bg/ * China E-mail: Ksharkey@worldbank.org Mr. Bert Hofman Web: http://www.worldbank.org/bj Burkina Faso The World Bank Group Mr. Cheick Fantamady Kante 16th Floor, China World Office 2 Bhutan The World Bank Group No. 1 Jian Guo Men Wai Avenue Mr. Yoichiro Ishihara 179, Avenue du Président Saye Zerbo Beijing, 100004 The World Bank Group Zone de Ambassades, Koulouba People's Republic of China Bhutan Development Bank Ltd Building Ouagadougou 01, Burkina Faso Tel: (86-10) 5861-7600 Norzin Lam (postal address: BP 622) Fax: (86-10) 5861-7800 Chubachu Tel: (226) 5049 6300 E-mail: Bhofman@worldbank.org P.O. Box 244 Fax: (226) 5049 6364 Web: http://www.worldbank.org/china Thimphu, Bhutan E-mail: ckante@worldbank.org Tel: (975) 77 182 111 Web: http://www.worldbank.org/bf Colombia Fax: (975) 77 182 113 Mr. Issam A. Abousleiman E-mail: yishihara@worldbank.org Burundi The World Bank Group Mr. Nestor Coffi Carrera 7 No.71-21 Bolivia Banque Mondiale Torre A, piso 16 (WB) or Piso 14 (IFC) Mr. Nicola Pontara Avenue de l’Aviation, Rohero 1 Apartado 10229 The World Bank Group Bujumbura, Burundi Bogota, Colombia Edificio Victor (WB) Piso 9/ (IFC) Piso 8 (postal address: B.P. 2637) Tel: (57-1) 326-3600 Calle Fernando Guachalla #342 – Sopocachi Tel: (257) 2222 6200, 2222 2443, 2224 5111 Fax: (57-1) 326-3480 La Paz, Bolivia Fax: (257) 2222 6005, 2220 6286 E-mail: Iabousleiman@worldbank.org (postal address: Casilla 8692) E-mail: ncoffi@worldbank.org Web: http://www.worldbank.org/co Tel: (591-2) 261-3300 Web: http://www.worldbank.org/bi Web: http://bancomundial.org/co Fax: (591-2) 261-3305 E-mail: npontara@worldbank.org Cambodia * Congo, Democratic Republic of the Web: http://www.worldbank.org/bo Ms. Inguna Dobraja Mr. Ahmadou Moustapha Ndiaye The World Bank The World Bank Group Bosnia and Herzegovina 113 Norodom Boulevard Boulevard: Tshatshi, no. 49 Ms. Tatiana A. Proskuryakova Phnom Penh, Cambodia Kinshasa-Gombe The World Bank Tel: (855-23) 861300 Democratic Republic of the Congo UNITIC Tower B Fax: 861 301, 861 302 Tel: (243) 9999 49015 Fra Andjela Zvizdovica 1 E-mail: Idobraja@worldbank.org E-mail: andiaye@worldbank.org 71000 Sarajevo Web: http//www.worldbank.org/kh Web: http://www.worldbank.org/cd Bosnia and Herzegovina Tel: (387-33) 251 500 * Cameroon Congo, Republic of Fax: (387-33) 226 945 Ms. Elisabeth Huybens Mr. Djibrilla Adamou Issa E-mail: Tproskuryakova@worldbank.org Banque Mondiale The World Bank Web: http://www.worldbank.org.ba/ rue 1. 792, No. 186 Immeuble BDEAC, 2ème étage Yaoundé, Cameroon Boulevard Denis Sassou Nguesso Botswana (postal address: B.P. 1128) P.O. Box 14536 Ms. Elene Imnadze Tel: (237) 22 20 38 15 Brazzaville, Republic of Congo The World Bank Fax: (237) 22 21 07 22 Tel: (242) 22281 33 30, 22281 46 38 Time Square E-mail: ehuybens@worldbank.org Fax: (242) 22281 53 16 Plot 134 Web: http://www.worldbank.org/cm E-mail: dissa1@worldbank.org Independence Avenue Web: http://www.worldbank.org/cg Gaborone, Botswana Central African Republic Tel: (267) 310 5465 Mr. Jean-Christophe Carret * Côte d’Ivoire Fax: (267) 310 5456 The World Bank Group Mr. Pierre Frank Laporte E-mail: Eimnadze@worldbank.org Rue des Missions The World Bank Group (Postal address: P.O. Box 20976) Bangui, République Centrafricaine Cocody - Angle des rues Booker Washington and (postal address: B.P. 819) Jacques Aka * Brazil Tel: (236) 21 61 61 38 Abidjan, Côte d'Ivoire Mr. Martin Raiser Fax: (236) 21 61 60 87 (postal address: B.P. 1850) Banco Mundial E-mail: jcarret@worldbank.org Tel: (225) 22 40 04 00 Setor Comercial Norte Quadra 02 Web: http://www.worldbank.org/cf Fax: (225) 22 40 04 61 Lote A – Edificio E-mail: plaporte@worldbank.org Corporate Financial Center, 7o Andar Chad Web: http://www.worldbank.org/ci Brasilia, DF 70712-900, Brasil Mr. Adama Coulibaly Tel: (55-61) 3329-1000 The World Bank Group Croatia Fax: (55-61) 3329-1010 Intersection de la rue Hamit Hangata & Mr. Carlos Pinerua E-mail: mraiser@worldbank.org Avenue Idriss Miskine The World Bank Group Web: http://www.worldbank.org/br N'Djamena, Chad Radnička cesta 80/IX (postal address: B.P. 146) 10000 Zagreb, Croatia Tel: (235) 2252-3247, 2252-3360 Tel: (385-1) 2357-222 Fax: (235) 2252-4484 Fax: (385-1) 2357-200 E-mail: acoulibaly2@worldbank.org E-mail: cpinerua@worldbank.org Web: http://www.worldbank.org/td Web: http://www.worldbank.hr/ _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 72 Offices of the World Bank Fiji Dominican Republic Mr. Siosaia T. Faletau Guinea Mr. Alessandro Legrottaglie The World Bank Group Mr. Rachidi B. Radji The World Bank Group Level 4, Ra Marama Building The World Bank Group Av. Lope de Vega No. 29 91 Gordon Street Immeuble de l’Archevêché Torre Novocentro, Piso 10 Suva, Fiji Face Baie des Anges Ensanche Naco Tel: (679) 322-8900 Conakry, Guinée Santo Domingo, R.D. Fax:(679) 331-8074 (postal address: B.P. 1420) Tel: (809) 872-7300 E-mail: sfaletau@worldbank.org Tel: (224) 669 88 88 10/622 66 27 66 Fax: (809) 872-7307 Web: http://www.worldbank.org/pi Fax: (224) 666 33 84 11 E-mail: alegrottaglie@worldbank.org E-mail: Rradji@worldbank.orgx Web: France, Marseille Web: http://www.worldbank.org/gn http://www.worldbank.org/en/country/dominicanrep Mr. Mourad Ezzine ublic The World Bank Guinea-Bissau Center for Mediterranean Integration (CMI) Ms. Kristina Svensson Djibouti, Republic of Villa Valmer The World Bank, Liaison Office Mr. Atou Seck 271 Corniche Kennedy Avenida Francisco Mendes, C.P. 214 The World Bank Group 13007 Marseille, France Bissau Codex 1124 Lot 155, Extension Heron Tel: (33-4) 91 99 24 51 Bissau, Guinea-Bissau Djibouti, Republic of Djibouti Fax: (33-4) 91 99 24 79 Tel: (245) 670 7615 (postal address: P.O. Box 1612) E-mail: Mezzine@worldbank.org E-mail: ksvensson@worldbank.org Tel: (253) 21 35 10 90 Web: http://www.cmimarseille.org Web: Fax: (253) 21 35 90 30 http://www.worldbank.org/en/country/guineabissa Mobile (253) 77 78 66 84 Gabon u E-mail: aseck2@worldbank.org Ms. Sylvie Dossou Banque Mondiale Guyana Ecuador Immeuble Libreville Business Square (ex GML) The World Bank Mrs. Indu John-Abraham P.O. Box 4027 87 Carmichael Street Banco Mundial Libreville, Gabon South Cummingsburg Calle 12 de Octubre 1830 y Cordero Tel: (241) 01 79 49 00/01 74 36 05/01 74 36 06/01 Georgetown, Guyana World Trade Center 74 36 07 Tel: (592) 223 5036 Torre B, Piso 13 E-mail: sdossou@worldbank.org Fax: (592) 225 1384 Quito, Ecuador Web: http://www.worldbank.org/ga Web: http://www.worldbank.org/gy Tel: (593-2) 294-3600 Fax: (593-2) 294-3601 Gambia, The Haiti E-mail: ijohnabraham@worldbank.org The World Bank, Liaison Office Ms. Mary A. Barton-Dock Web: http://www.worldbank.org/ec UN House, 5 Kofi Annan Street Banque Mondiale Cape Point, Bakau 7, rue Ogé * Egypt, Arab Republic of Kanifing Municipal Council (KMC) Pétion-Ville, Haiti Mr. Asad Alam The Gambia Tel: (509) 3798-0880 / 3798-0817 / 3798-0972 The World Bank Tel: (220) 449 – 8089 / 449 – 8090 E-mail: Mbarton@worldbank.org World Trade Center Fax: (220) 4497936 Web: http://www.worldbank.org/ht 1191 Corniche El-Nil, 15th Floor, Boulaq Web: http://www.worldbank.org/en/country/gambia Cairo 11221, Arab Republic of Egypt Honduras Tel: (20-2) 2574 1670 * Georgia Mr. Giorgio Valentini Fax: (20-2) 2574 1676 Ms. Mercy Miyang Tembon The World Bank Group E-mail: Aalam@worldbank.org The World Bank Group Edificio Corporativo 777, 9th Floor Web: http://www.worldbank.org/eg 5A, (WB) / 5B, (IFC) Colonia Lomas del Guijarro Sur Nino Ramishvili Street Tegucigalpa, Honduras El Salvador Tbilisi, 0179 Georgia Tel: (504) 2264-0200 Mr. Fabrizio Zarcone Tel: (995-32) 291 3096 Fax: (504) 2239-4555 The World Bank Group Fax: (995-32) 291 3478 E-mail: gvalentini@worldbank.org Calle El Mirador E-mail: mtembon@worldbank.org Web: http://www.worldbank.org/hn Edificio Torre Futura Nivel 9, Locales 904 & 905 Web: http://www.worldbank.org/eca Colonia Escalón, * India San Salvador, El Salvador * Ghana Mr. Junaid Kamal Ahmad (Eff. 9/1/16) Tel: (503) 2526-5900 Mr. Henri G.R. Kerali The World Bank Fax: (503) 2526-5936 The World Bank Group 70 Lodi Estate E-mail: fzarcone@worldbank.org Independence Avenue New Delhi 110 003, India Web: http://www.worldbank.org/sv Plot # 3, Ridge (postal address: P.O. Box 416, New Delhi 110 Accra, Ghana 001) * Ethiopia (postal address: P.O. Box M. 27) Tel: (91-11) 414 79301, 414 79302 Ms. Carolyn Turk Tel: (233-302) 229681 / 220837 E-mail: Jahmad@worldbank.org The World Bank Group Fax: (233-302) 227887 Web: http://www.worldbank.org.in/ Africa Avenue (Bole Road) Wollo Sefer E-mail: hkerali@worldbank.org on the bridge across from the old Karamara/ Web: http://www.worldbank.org/gh India, Chennai adjacent to Civil Service Ministry Mr. Sunil Kumar (Center Manager, WFACO) Kirkos Sub-City Guatemala The World Bank Addis Ababa Ethiopia Ms. Homa-Zahra Fotouhi Chennai – Shared Services Center (postal address: P.O. Box 5515) The World Bank Group 11, Taramani Main Road Tel: (251-11) 517 60 00 13 Calle 3-40 Taramani, Chennai - 600113 Fax: (251-11) 662 77 17 Zona 10, Edificio Atlantis, Piso 14 India E-mail: cturk@worldbank.org Guatemala City, Guatemala Tel: (91-44) 2254 1001 Web: http://www.worldbank.org/et Tel: (502) 2329-8000 Fax: (91-44) 2254 1019 Fax: (502) 2329-8099 E-mail: hfotouhi@worldbank.org Web: http://www.worldbank.org/gt _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 73 Offices of the World Bank * Indonesia Korea Liberia Mr. Rodrigo A. Chaves Ms. Joyce Msuya Ms. Larisa Leshchenko The World Bank Group The World Bank The World Bank Group Indonesia Stock Exchange Building 37F, POSCO E&C Tower 2, German Embassy Compound Tower 2, 12th Floor (WB) and 9th Floor (IFC) 241, Incheon tower-daero Oldest Congo Town Sudirman Central Business District (SCBD) Yeonsu-gu, Incheon, Korea 406840 Monrovia, Liberia Jl. Jendral Sudirman Kav. 52-53 Tel: (82)-32-713-7000 Tel: (231-886) 606-967 / 48 Jakarta 12190, Indonesia Fax: (82) -32-713-7040. E-mail: Lleshchenko@worldbank.org (postal address: P.O. Box 1324/JKT) E-mail: jmsuya@worldbank.org Web: http://www.worldbank.org/lr Tel: (62-21) 5299-3000 Web: http://www.worldbank.org/korea Fax: (62-21) 5299-3111 Macedonia, FYR E-mail: RChaves@worldbank.org Kosovo The World Bank Web: http://www.worldbank.org/id Mr. Marco Mantovanelli 34 Aminta Treti Street The World Bank 1000 Skopje, FYR Macedonia Iraq Rruga Prishtinë-Fushë Kosovë Tel: (389-2) 5515 230; 3117-159 Mr. Robert Bou Jaoude 10060 Pristina, Republic of Kosovo Fax:(389-2) 5515 240 The World Bank Tel: (381-38) 224 454 Web: http://www.worldbank.org.mk/ British Embassy Premises Fax: (381-38) 224 452 Baghdad, Iraq E-mail: Mmantovanelli@worldbank.org Madagascar (postal Address: Mailstop BGWWB Web: http://www.worldbank.org/kosovo Ms. Coralie Gevers 1818 H Street N.W. Washington DC, USA) The World Bank Group Tel: + 964-7901-833354 Kuwait Rue Andriamifidy L. Razafimanantsoa E-mail: rboujaoude@worldbank.org Mr. Firas Raad Anosy (près du Ministère des Affaires Etrangères) Web: http://www.worldbank.org/iq The World Bank Group Antananarivo 101, Madagascar Al Shuhada Street. Al Hamra Business TowerFloor 3 (postal address: B. P. 4140) Jamaica 2. Kuwait City, Kuwait Tel: (261-20) 225 6000 Ms. Galina Y. Sotirova (postal address: P.O. Box 1015, Safat: 13010) Fax: (261-20) 223 3338 The World Bank Group Tel: (965) 2205 9130 E-mail: CGevers@worldbank.org Courtleigh Corporate Centre, 3rd Floor Fax: (965) 2205 9191 Web: http://www.worldbank.org/madagascar 6 St. Lucia Avenue E-mail: fraad@worldbank.org Kingston 5, Jamaica Web: http://www.worldbank.org/mna Malawi Tel: (876) 960-0459 Ms. Laura Kullenberg Fax: (876) 960-0463 Kyrgyz Republic The World Bank E-mail: Gsotirova@worldbank.org Mr. Jean-Michel Happi Mulanje House Web: http://www.worldbank.org/jm The World Bank Group Plot 13/57 Off Presidential Way, City Centre 214, Moskovskaya Str., Lilongwe 3, Malawi * Kazakhstan Bishkek 720010, Kyrgyz Republic (postal address: P.O. Box 30557) Ms. Lilia Burunciuc Tel: (996-312) 62 52 62 Tel: (265-1) 770 611 The World Bank Group Fax: (996-312) 62 53 62 Fax: (265-1) 771 158 / 773 908 Central Asia Regional Office E-mail: Jhappi@worldbank.org E-mail: lkullenberg@worldbank.org 41/A Kazybek bi Street, 4th Floor Web: http://www.worldbank.org.kg Web: http://www.worldbank.org/mw 050010 Almaty, Republic of Kazakhstan Tel: (7-727) 377 - 8220 Lao People’s Democratic Republic Malaysia Fax: (7-727) 377 - 8276 Ms. Sally L. Burningham Mr. Faris H. Hadad-Zervos E-mail: Lburunciuc@worldbank.org The World Bank The World Bank Group Patouxay - Nehru Road Knowledge and Research Hub Kazakhstan, Astana (P.O. Box 345 code 01004) Level 3, Sasana Kijang, No. 2 Jalan Dato Onn Mr. Francis Ato Brown Vientiane, Lao PDR 50480 Kuala Lumpur, Malaysia The World Bank Astana Office Tel: (856-21) 266200 Tel: (603) 2263-4901 12 Samal Microdistrict, 14th Floor Fax: (856-21) 266299 Fax: (603) 2263-4949 010000 Astana, Republic of Kazakhstan E-mail: sburningham@worldbank.org Email: Fhadadzervose@worldbank.org Tel: (7-7172) 691-440 Web: http://www.worldbank.org/lao Website: www.worldbank.org/malaysia Fax: (7-7172) 580 –342 E-mail: fbrown@worldbank.org * Lebanon Maldives Mr. Ferid Belhaj Ms. Idah Pswarayi-Riddihough (Sri Lanka) * Kenya The World Bank Group The World Bank Ms. Diarietou Gaye Bourie House 119 4th Floor, Majeedhee Building The World Bank Abdallah Bayhum Street Boduthakurufaanu Magu Hill Park Building Marffaa, Solidere Male', Republic of Maldives Upper Hill Road P.O. Box 11-8577 Tel: (960) 334 1910 Nairobi, Kenya Beirut, Lebanon Fax: (960) 334 1911 (postal address: P.O. Box 30577-00100) Tel: (961-1) 987 800 E-Mail: Ipswarayiriddiho@worldbank.org Tel: (254-20) 322 6000 / 322 6442 Fax: (961-1) 986 800 Web: http://www.worldbank.org/maldives Fax: (254-20) 322 6382 E-mail: Fbelhaj@worldbank.org E-mail: dgaye@worldbank.org Web: http://www.worldbank.org/lb * Mali Web: http://www.worldbank.org/ke Mr. Paul Noumba Um Lesotho Banque Mondiale Kiribati Ms. Janet K. Entwistle Immeuble Waly Diawara, Ms. Akka Rimon The World Bank Liaison Office Hamdallaye ACI – 2000 The World Bank - ADB Liaison Office UN House, 13 United Nations Road Avenue du Mali En Face du Gouvernorat du c/- KAP Office Maseru, Lesotho District Bairiki, Tarawa, Kiribati (postal address: P.O Box 015, Maseru West 105) Bamako, Mali (postal address: P.O. Box 13) Tel: (266) 22 21 7000 (postal address: B. P. 1864) Tel: (686) 22040 / 22041 Fax: (266) 22 21 7034/5 Tel: (223) 20 22 22 83 Email : arimon@worldbank.org E-mail: Jentwistle@worldbank.org Fax: (223) 20 22 66 82 Web: http://www.worldbank.org/pi Web: http://www.worldbank.org/ls E-mail: pnoumbaum@worldbank.org Web: http://www.worldbank.org/ml _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 74 Offices of the World Bank Mauritania * Mozambique * Pakistan Mr. Gaston Sorgho Mr. Mark R. Lundell Mr. Patchamuthu Illangovan Banque Mondiale The World Bank Group The World Bank Group Lot N.02 F Nord Liaison Ksar Avenue Kenneth Kaunda, 1224 20 A Shahrah-e-Jamhuriyat Nouakchott, Mauritanie Maputo, Mozambique Sector G-5/1, Islamabad, Pakistan (Postal address : B. P. 667) (postal address: Caixa Postal 4053) (WB postal address: P.O. Box 1025) Tel: (222) 45 25 10 17/45 20 33 00 Tel: (258-21) 482 300 (IFC postal address: Post Bag 3033) Fax: (222) 45 25 13 34 Fax: (258-21) 492 893 Tel: (92-51) 227 9641-6 E-mail: gsorgho@worldbank.org E-mail: Mlundell@worldbank.org Fax: (92-51) 227 9648 / 9 Web: http://www.worldbank.org/mauritania Web: http://www.worldbank.org/mz E-mail: Pillangovan@worldbank.org Web: http://www.worldbank.org.pk Mauritius Myanmar Mr. Alexis Sienaert Mr. Abdoulaye Seck Panama The World Bank Liaison Office The World Bank Group Ms. Anabela Abreu 3rd Floor Médine Mews No.57, Pyay Road, The World Bank Chaussée Street Corner of Shwe Hinthar Street Avenida Aquilino De La Guardia y calle 47 Port-Louis, Mauritius 6 ½ miles, Hlaing Township Marbella Tel: (230) 203 2500 Yangon, Myanmar Edificio Ocean Business Plaza Fax: (230) 208 0502 Tel: (95-1) 654-824 Piso 21, Oficina 2111 E-mail: asienaert@worldbank.org Fax: (95-1) 654-825 Panamá City, Panamá Web: http://www.worldbank.org/mauritius E-mail: Aseck1@worldbank.org Tel: (507) 831-2000 Web: http://www.worldbank.org/myanmar Fax: (507) 831-2011 * Mexico E-mail: aabreu@worldbank.org Mr. Gerardo M. Corrochano Nepal Web: http://www.worldbank.org/panama Banco Mundial Mr. Takuya Kamata Insurgentes Sur 1605, Piso 24 The World Bank Group Papua New Guinea San Jose Insurgentes Yak & Yeti Hotel Complex Ms. Stefanie Stallmeister 03900 Mexico, D. F., Mexico Durbar Marg The World Bank Group Tel: (52-55) 5480-4200 Kathmandu, Nepal Level 13, Deloitte Tower Fax: (52-55) 5480-4222 (postal address: P.O. Box 798) Port Moresby, National Capital District E-mail: Gcorrochano@worldbank.org Tel: (977-1) 4236000 Papua New Guinea Web: http://www.worldbank.org/mx Fax: (977-1) 4225112 (postal address: P.O. Box 1877) E-mail: tkamata@worldbank.org Tel: (675) 321-7111 Moldova Web: http://www.worldbank.org/np Fax: (675) 321-7730 Mr. Alexander Kremer E-mail: sstallmeister@worldbank.org The World Bank Nicaragua Web: http://www.worldbank.org/pg 20/1, Pushkin St. MD-2012 Mr. Luis F. Constantino Chisinau, Republic of Moldova The World Bank Group Paraguay Tel: (373-22) 262 262 Plaza Santo Domingo Ms. Celia Ortega Sotes Fax: (373-22) 262 236 Kilómetro 6.5 Carretera a Masaya Banco Mundial E-mail: akremer@worldbank.org Edificio Cobirsa, Quinto Piso Av. España 2028 c/ Av. Brasilia 5o. Piso Web: http://www.worldbank.org/md Managua, Nicaragua Edificio Urano Tel: (505) 2270-0000 Asunción, Paraguay Mongolia Fax: (505) 2270-0077 Tel: (595-21) 218-1000 Mr. James Anderson E-mail: Lconstantino@worldbank.org Fax: (595-21) 218-1229 The World Bank Group Web: http://www.worldbank.org/ni E-mail: cortega@worldbank.org MCS Plaza Building (WB 5th Floor/IFC 4th Floor) Web: http://www.worldbank.org/py 4 Seoul Street Niger 14250 Ulaanbaatar, Mongolia Mr. Siaka Bakayoko * Peru Tel: (976) 7007-8200 Banque Mondiale Mr. Alberto Rodriguez Fax: (976) 7007-8215 187, rue des Dallols The World Bank Group E-mail: Janderson2@worldbank.org B. P. 12402 Av. Alvarez Calderón 185, Piso 7 Web: http://www.worldbank.org/mn Niamey, Niger San Isidro Tel: (227) 20 72 75 04 Lima 27, Peru Montenegro Fax: (227) 20 72 55 06 Tel: (511) 622-2300 Ms. Tatiana A. Proskuryakova E-mail: Sbakayoko@worldbank.org Fax: (511) 421-7241 The World Bank Web: http://www.worldbank.org/ne E-mail: arodriguez@worldbank.org Bulevar Svetog Petra Cetinjskog 6 Web: http://www.worldbank.org/pe 81000 Podgorica * Nigeria Montenegro Mr. Rachid Benmessaoud * Philippines Tel: (382-20) 665 353 The World Bank Ms. Mara K. Warwick Fax: (387-33) 403 295 102, Yakubu Gowon Crescent The World Bank Group E-mail: Tproskuryakova@worldbank.org Opposite ECOWAS Secretariat 26th Floor, One Global Place Web: http://www.worldbank.org.me/ Asokoro District 5th Avenue corner 25th Street Abuja, Nigeria Bonifacio Global City * Morocco (postal address: P.O. Box 2826, Garki) Taguig City, Philippines Ms. Marie Francoise Marie-Nelly Tel: (234) 8058205408; 8058205422 Tel: (63-2) 465-2500 The World Bank Group Tel : (234) 7035830641-44; 7089996090-1 Fax: (63-2) 465-2505 7, rue Larbi Ben Abdellah Fax: (234-9) 314-526 E-mail: mwarwick@worldbank.org Rabat-Souissi, Morocco E-mail: Rbenmessaoud@worldbank.org Web: http://www.worldbank.org.ph Tel: (212-537) 63.60.50 Web: http://www.worldbank.org/ng Fax: (212-537) 63.60.51 E-mail: Mmarienelly@worldbank.org Web: http://www.worldbank.org/ma _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 75 Offices of the World Bank Poland Serbia, Republic of * Sri Lanka The World Bank Group Mr. Antonius Verheijen Ms. Idah Pswarayi-Riddihough 53, Emilii Plater St. The World Bank Group The World Bank Warsaw Financial Center, 9th Floor Bulevar Kralja Aleksandra 86-90 1st Floor, DFCC Building, 73/5, Galle Road 00-113 Warsaw, Poland 11000 Belgrade, Republic of Serbia Colombo 3, Sri Lanka Tel: (48-22) 520 8000 Tel: (381-11) 3023-700 (postal address: P.O. Box 1761) Fax: (48-22) 520 8001 Fax: (381-11) 3023-732 Tel: (94-11) 2448070/1 Web: http:/www.worldbank.org.pl/ E-mail: averheijen@worldbank.org Fax: (94-11) 2440357 Web: http://www.worldbank.rs/ E-Mail: Ipswarayiriddiho@worldbank.org Romania Web: http://www.worldbank.org/srilanka Ms. Elisabetta Capannelli Sierra Leone The World Bank Group Mr. Parminder P. S. Brar Sudan, Khartoum UTI Building, 6th floor The World Bank Group Mr. Xavier Furtado 31 Vasile Lascar Street, Sector 2 Africanus House The World Bank Bucharest, Romania 020492 13A Howe Street Plot 39, Street 39, Khartoum East (II) Tel: (40-21) 201-0311 Freetown, Sierra Leone Khartoum, Sudan Fax: (40-21) 201-0338 Tel: (232-22) 227555 (postal address: P.O. 229, 11111) E-mail: Ecapannelli@worldbank.org Tel: (232-76) 806467, 806468 Tel: (249) 156 553 000 Web: http://www.worldbank.org.ro/ Fax: (232-22) 228555 Fax: (249)156 553 064 E-mail: pbrar@worldbank.org E-mail: xfurtado@worldbank.orgWeb: * Russian Federation Web: http://www.worldbank.org/sl http://www.worldbank.org/sd Mr. Andras Horvai The World Bank Group * Singapore Tajikistan 36/1 Bolshaya Molchanovka st., Mr. Jordan Z. Schwartz Ms. Patricia Veevers-Carter 121069 Moscow, Russia The World Bank Group The World Bank Group Tel: (7-495) 745-70-00 Marina Bay Financial Centre, Tower 2, #34-02 48, Ayni Str. Fax: (7-495) 745-70-02 10 Marina Boulevard Business Center "Sozidanie", block A, 3-rd Floor E-mail: Ahorvai@worldbank.org Singapore 018983 734024, Dushanbe, Tajikistan Web: http://www.worldbank.org.ru/ Tel: (65) 6517-1240 Tel: (992-48) 701 58 00/10 Fax: (65) 6517 1244 Fax: (992-48) 701 58 37 Rwanda E-mail: Jschwartz3@worldbank.org E-mail: pveeverscarter@worldbank.org Mr. Yasser Aabdel-Aleem Awny El-Gammal Web: http://www.worldbank.org/sg Web: http://www.worldbank.org/tj The World Bank Group Blvd. de la Révolution Solomon Islands * Tanzania SORAS Building Mr. Guido Rurangwa Ms. Bella Bird Kigali, Rwanda The World Bank Group The World Bank (postal address: P.O. Box 609) Mud Alley 50 Mirambo Street Tel: (250) 252 591 300 Honiara, Solomon Islands Dar-es-Salaam, Tanzania Fax: (250) 252 591 385 (postal address: GPO Box 1744) (postal address: P.O. Box 2054) E-mail: yelgammal@worldbank.org Tel: (677) 21444 Tel: (255-22) 2163200 Web: http://www.worldbank.org/rw Fax: (677) 21448 Fax: (255-22) 2113039, 2163295 E-mail: grurangwa@worldbank.org E-mail: bbird@worldbank.org Samoa Web: http://www.worldbank.org/pi Web: http://www.worldbank.org/tz Ms. Maeva Betham-Va’ai The World Bank Liaison Office Somalia * Thailand Level 7, Central Bank Building Mr. Hugh Riddell Mr. Ulrich Zachau Beach Road World Bank Liaison Office The World Bank Group Apia, Samoa c/o The World Bank Group 30th Floor, Siam Tower (postal address: PO Box 3999) Delta Center, Menengai Road, Upper Hill 989 Rama 1 Road, Pathumwan Tel: (685) 24492 / 34340 Nairobi, Kenya Bangkok 10330, Thailand Fax: (685) 24228 (Postal Address: P.O. Box 30577-00100) Tel: (66-2) 686-8300 E-mail: mvaai@worldbank.org Tel: (254-20) 293-6061 Fax: (66-2) 686-8301 Web: http://www.worldbank.org/pi Fax: (254-20) 322 6382 E-mail: Uzachau@worldbank.org Web: http://www.worldbank.or.th * Saudi Arabia * South Africa, Pretoria Mr. Nadir Mohammed Mr. Guang Zhe Chen Timor-Leste The World Bank Group The World Bank Ms. Bolormaa Amgaabazar 1st Floor, UNDP Building, Diplomatic Quarter 442 Rodericks Road The World Bank Group Riyadh, Saudi Arabia Corner Lynnwood and Rodericks Roads, 0081 Avenida dos Direitos Humanos (postal address: P.O. Box 5900, Pretoria, South Africa Dili, Timor-Leste Riyadh 11432, Saudi Arabia) (postal address: P.O. Box 12629, Tel: (670) 332-4649 / 332-4648 Tel: (966-1) 483-4956 Hatfield 0028, Pretoria) Fax: (670) 332-1178 Fax: (966-1) 488-5311 Tel: (27-12) 742 3100 E-mail: bamgaabazar@worldbank.org E-mail: nmohammed@worldbank.org Fax: (27-12) 742 3134 Web: http://www.worldbank.org/tl Web: http://www.worldbank.org/sa E-mail: Gchen1@worldbank.org Web: http://www.worldbank.org/za Togo * Senegal Ms. Joelle Dehasse Businger Ms. Louise J. Cord South Sudan, Juba Banque Mondiale Banque Mondiale Mr. Sahr John Kpundeh Cité de l'OUA Corniche Ouest X, David Diop The World Bank Group (entre la Résidence Ambassadeur du Ghana et la Dakar, Sénégal Ministries Complex Primature) (postal address: B. P. 3296) Kololo Road, Adjacent to Ministry of Health Lomé, Togo Tel: (221) 33-859-4100 Juba, South Sudan (postal address: Boite Postale 3915) Fax: (221) 33-859-4283 Tel: (211) 959 002 666/667/668 Tel: 22 53 33 00 E-mail: Lcord@worldbank.org E-mail: Skpundeh1@worldbank.org Fax: 22 26 78 56 Web: http://www.worldbank.org/senegal Web:http://www.worldbank.org/en/country/southsuda E-mail: jbusinger@worldbank.org n Web: http://www.worldbank.org/tg _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 76 Offices of the World Bank Tonga Uzbekistan Zimbabwe Mr. Tatafu Moeaki Mr. Junghun Cho Mrs. Camille Nuamah The World Bank – ADB Liaison Office The World Bank Group The World Bank Lvl 1 Royco Building International Business Center, 15th floor Block 3, Arundel Business Park Fatafehi RoadNuku'alofa, Tonga 107 B, Amir Timur Street 107 Norfolk Road, Mount Pleasant (postal address: P.O. Box 87) Tashkent 100084, Uzbekistan Harare, Zimbabwe Tel: (676) 28 290 Tel: (998-71) 120 2400 (postal address: P.O. Box 2960) Fax: (676) 28 735 Fax: (998-71) 120 2401/02 Tel: (263-4) 7633-3200 Email : tmoeaki@worldbank.org E-mail: jcho@worldbank.org Fax: (263-4) 7633-3265 Web: http://www.worldbank.org/pi Web: http://www.worldbank.org.uz E-mail: clampart@worldbank.org Web: http://www.worldbank.org.zw/ Tunisia Vanuatu Ms. Eileen Murray Mr. Guido Rurangwa Bureau de la Banque mondiale The World Bank Group - ADB Liaison Office Immeuble Zahrabed -- BAD Level 5, Reserve Bank Building Jardins du Lac - Tunis Rue Emile Mercet BP 323 Port Vila, Vanuatu 1002 Tunis Belvédère, Tunisia (postal address: P.O. Box 3221) Tel: (216-71) 19 44 68 Tel: (678) 25581 Fax: (216-71) 19 44 75 Fax: (678) 22636 E-mail: Emurray@worldbank.org E-mail: grurangwa@worldbank.org Web: http://www.worldbank.org/tn Web: http://www.worldbank.org/pi * Turkey * Vietnam Mr. Johannes C.M. Zutt Mr. Ousmane Dione (Eff. 9/12/16) The World Bank The World Bank Group Ugur Mumcu Caddesi No.88, Kat: 2 63 Ly Thai To (WB: 8th Floor / IFC: 3rd Floor) 06700 Gaziosmanpasa Hoan Kiem District Ankara, Turkey Hanoi, Vietnam Tel: (90-312) 459 83 00 Tel: (84-4) 3934-6600 Fax: (90-312) 446 24 42 Fax: (84-4) 3935-0752 / 3 E-mail: jzutt@worldbank.org E-mail: odione@worldbank.org Web: http://www.worldbank.org.tr/ Web:http://www.worldbank.org/en/country/vietnam Turkmenistan * West Bank and Gaza Mr. Serdar Jepbarov Ms. Marina Wes The World Bank Liaison Office The World Bank Group Yimpash Business Center, Office 803, P.O. Box.54842 Turkmenbashi Avenue, 54 Jerusalem, 97200 Ashgabat 744000, Turkmenistan Tel: (972-2) 236 6500 Tel: (993-12) 45 14 75 Fax: (972-2) 236 6543 E-mail: sdjepbarov@worldbank.org Gaza Tel: (972-8) 282 3422 Web: http://www.worldbank.org/tm Gaza Fax: (972-8) 282 4296 E-mail: mwes@worldbank.org Uganda Web: http://www.worldbank.org/ps Ms. Christina Malmberg Calvo The World Bank Group Yemen, Republic of Plot 1, Lumumba Avenue Ms. Sandra Bloemenkamp Rwenzori House, 4th Floor The World Bank Group Kampala, Uganda Faj Attan, off Beirut Street (postal address: P.O. Box 4463) Sana'a, Republic of Yemen Tel: (256-414) 230-094 (postal address: P.O. Box 18152) Tel: (256-312) 221-416 / 7 Tel: (967-1) 413 708 / 413 710 Fax: (256-414) 230-092 Fax: (967-1) 413 709 E-mail: Cmalmbergcalvo@worldbank.org E-mail: Sbloemenkamp@worldbank.org Web: http://www.worldbank.org/ug Zambia * Ukraine Ms. Ina-Marlene E. Ruthenberg Ms. Satu Kristiina J. Kahkonen The World Bank The World Bank BancABC House 1, Dniprovsky Uzviz Plot #746 Church Road Kyiv 01010, Ukraine Cathedral Hill Tel: (380-44) 490 6671 P.O. Box 35410 Fax: (380-44) 490 6670 Lusaka, Zambia E-mail: skahkonen@worldbank.org Tel: (260-21) 137-3200 Web: http://www.worldbank.org/ua Fax: (260-21) 137-3248 E-mail: iruthenberg@worldbank.org Uruguay Web: http://www.worldbank.org/zm Ms. Matilde Bordon The World Bank Buenos Aires 570, 3rd Floor CP11000, Montevideo, Uruguay Tel: (598) 2916-9400 Fax: (598) 2916-9400 ext. 3701 E-mail: mbordon@worldbank.org Web: http://www.worldbank.org/uy _________________________________________ Note: * = Directors/Country Directors are in the country office. Addresses that begin with ‘The World Bank Group’ indicate the joint location of IFC and World Bank (IBRD/IDA) offices. Updated as of September 7, 2016. 77 International Bank for Reconstruction and Development Membership | June 30, 2016 Member Date of membership Afghanistan July 14, 1955 Albania October 15, 1991 Algeria September 26, 1963 Angola September 19, 1989 Antigua and Barbuda September 22, 1983 Argentina September 20, 1956 Armenia September 16, 1992 Australia August 5, 1947 Austria August 27, 1948 Azerbaijan September 18, 1992 Bahamas, The August 21, 1973 Bahrain September 15, 1972 Bangladesh August 17, 1972 Barbados September 12, 1974 Belarus July 10, 1992 Belgium December 27, 1945 Belize March 19, 1982 Benin July 10, 1963 Bhutan September 28, 1981 Bolivia December 27, 1945 Bosnia and Herzegovina February 25, 1993 Botswana July 24, 1968 Brazil January 14, 1946 Brunei Darussalam October 10, 1995 Bulgaria September 25, 1990 Burkina Faso May 2, 1963 Burundi September 28, 1963 Cabo Verde November 20, 1978 Cambodia July 22, 1970 Cameroon July 10, 1963 Canada December 27, 1945 Central African Republic July 10, 1963 Chad July 10, 1963 Chile December 31, 1945 China December 27, 1945 Colombia December 24, 1946 Comoros October 28, 1976 Congo, Dem. Rep. September 28, 1963 Congo, Rep. July 10, 1963 78 Member Date of membership Costa Rica January 8, 1946 Côte d'Ivoire March 11, 1963 Croatia February 25, 1993 Cyprus December 21, 1961 Czech Republic January 1, 1993 Denmark March 30, 1946 Djibouti October 1, 1980 Dominica September 29, 1980 Dominican Republic September 18, 1961 Ecuador December 28, 1945 Egypt, Arab Rep. December 27, 1945 El Salvador March 14, 1946 Equatorial Guinea July 1, 1970 Eritrea July 6, 1994 Estonia June 23, 1992 Ethiopia December 27, 1945 Fiji May 28, 1971 Finland January 14, 1948 France December 27, 1945 Gabon September 10, 1963 Gambia, The October 18, 1967 Georgia August 7, 1992 Germany August 14, 1952 Ghana September 20, 1957 Greece December 27, 1945 Grenada August 27, 1975 Guatemala December 28, 1945 Guinea September 28, 1963 Guinea-Bissau March 24, 1977 Guyana September 26, 1966 Haiti September 8, 1953 Honduras December 27, 1945 Hungary July 7, 1982 Iceland December 27, 1945 India December 27, 1945 Indonesia April 13, 1967 Iran, Islamic Rep. December 29, 1945 Iraq December 27, 1945 Ireland August 8, 1957 Israel July 12, 1954 Italy March 27, 1947 79 Member Date of membership Jamaica February 21, 1963 Japan August 13, 1952 Jordan August 29, 1952 Kazakhstan July 23, 1992 Kenya February 3, 1964 Kiribati September 29, 1986 Korea, Rep. August 26, 1955 Kosovo June 29, 2009 Kuwait September 13, 1962 Kyrgyz Republic September 18, 1992 Lao PDR July 5, 1961 Latvia August 11, 1992 Lebanon April 14, 1947 Lesotho July 25, 1968 Liberia March 28, 1962 Libya September 17, 1958 Lithuania July 6, 1992 Luxembourg December 27, 1945 Macedonia, FYR February 25, 1993 Madagascar September 25, 1963 Malawi July 19, 1965 Malaysia March 7, 1958 Maldives January 13, 1978 Mali September 27, 1963 Malta September 26, 1983 Marshall Islands May 21, 1992 Mauritania September 10, 1963 Mauritius September 23, 1968 Mexico December 31, 1945 Micronesia, Fed. Sts. June 24, 1993 Moldova August 12, 1992 Mongolia February 14, 1991 Montenegro January 18, 2007 Morocco April 25, 1958 Mozambique September 24, 1984 Myanmar January 3, 1952 Namibia September 25, 1990 Nauru April 12, 2016 Nepal September 6, 1961 Netherlands December 27, 1945 New Zealand August 31, 1961 80 Member Date of membership Nicaragua March 14, 1946 Niger April 24, 1963 Nigeria March 30, 1961 Norway December 27, 1945 Oman December 23, 1971 Pakistan July 11, 1950 Palau December 16, 1997 Panama March 14, 1946 Papua New Guinea October 9, 1975 Paraguay December 28, 1945 Peru December 31, 1945 Philippines December 27, 1945 Poland June 27, 1986 Portugal March 29, 1961 Qatar September 25, 1972 Romania December 15, 1972 Russian Federation June 16, 1992 Rwanda September 30, 1963 Samoa June 28, 1974 San Marino September 21, 2000 São Tomé and Príncipe September 30, 1977 Saudi Arabia August 26, 1957 Senegal August 31, 1962 Serbia February 25, 1993 Seychelles September 29, 1980 Sierra Leone September 10, 1962 Singapore August 3, 1966 Slovak Republic January 1, 1993 Slovenia February 25, 1993 Solomon Islands September 22, 1978 Somalia August 31, 1962 South Africa December 27, 1945 South Sudan April 18, 2012 Spain September 15, 1958 Sri Lanka August 29, 1950 St. Kitts and Nevis August 15, 1984 St. Lucia June 27, 1980 St. Vincent and the Grenadines August 31, 1982 Sudan September 5, 1957 Suriname June 27, 1978 Swaziland September 22, 1969 81 Member Date of membership Sweden August 31, 1951 Switzerland May 29, 1992 Syrian Arab Republic November 2, 1961 Tajikistan June 4, 1993 Tanzania September 10, 1962 Thailand May 3, 1949 Timor-Leste July 23, 2002 Togo August 1, 1962 Tonga September 13, 1985 Trinidad and Tobago September 16, 1963 Tunisia April 14, 1958 Turkey March 11, 1947 Turkmenistan September 22, 1992 Tuvalu June 24, 2010 Uganda September 27, 1963 Ukraine September 3, 1992 United Arab Emirates September 22, 1972 United Kingdom December 27, 1945 United States December 27, 1945 Uruguay March 11, 1946 Uzbekistan September 21, 1992 Vanuatu September 28, 1981 Venezuela, RB December 30, 1946 Vietnam September 21, 1956 Yemen, Rep. October 3, 1969 Zambia September 23, 1965 Zimbabwe September 29, 1980 Total members: 189 82 International Development Association Membership | June 30, 2016 Member Date of membership Membership classification Australia September 24, 1960 Part I Austria June 28, 1961 Part I Belgium July 2, 1964 Part I Canada September 24, 1960 Part I Denmark November 30, 1960 Part I Estonia October 11, 2008 Part I Finland December 29, 1960 Part I France December 30, 1960 Part I Germany September 24, 1960 Part I Greece January 9, 1962 Part I Iceland May 19, 1961 Part I Ireland December 22, 1960 Part I Italy September 24, 1960 Part I Japan December 27, 1960 Part I Kuwait September 13, 1962 Part I Latvia August 11, 1992 Part I Lithuania September 23, 2011 Part I Luxembourg June 4, 1964 Part I Netherlands June 30, 1961 Part I New Zealand October 1, 1974 Part I Norway September 24, 1960 Part I Portugal December 29, 1992 Part I Russian Federation June 16, 1992 Part I Slovenia February 25, 1993 Part I South Africa October 12, 1960 Part I Spain October 18, 1960 Part I Sweden September 24, 1960 Part I Switzerland May 29, 1992 Part I United Arab Emirates December 23, 1981 Part I United Kingdom September 24, 1960 Part I United States September 24, 1960 Part I Afghanistan February 2, 1961 Part II Albania October 15, 1991 Part II Algeria September 26, 1963 Part II Angola September 19, 1989 Part II Argentina August 3, 1962 Part II Armenia August 25, 1993 Part II Azerbaijan March 31, 1995 Part II 83 Member Date of membership Membership classification Bahamas, The June 23, 2008 Part II Bangladesh August 17, 1972 Part II Barbados September 29, 1999 Part II Belize March 19, 1982 Part II Benin September 16, 1963 Part II Bhutan September 28, 1981 Part II Bolivia June 21, 1961 Part II Bosnia and Herzegovina February 25, 1993 Part II Botswana July 24, 1968 Part II Brazil March 15, 1963 Part II Burkina Faso May 13, 1963 Part II Burundi September 28, 1963 Part II Cabo Verde November 20, 1978 Part II Cambodia July 22, 1970 Part II Cameroon April 10, 1964 Part II Central African Republic August 27, 1963 Part II Chad November 7, 1963 Part II Chile December 30, 1960 Part II China September 24, 1960 Part II Colombia June 16, 1961 Part II Comoros December 9, 1977 Part II Congo, Dem. Rep. September 28, 1963 Part II Congo, Rep. November 8, 1963 Part II Costa Rica June 30, 1961 Part II Côte d'Ivoire March 11, 1963 Part II Croatia February 25, 1993 Part II Cyprus March 2, 1962 Part II Czech Republic January 1, 1993 Part II Djibouti October 2, 1980 Part II Dominica September 29, 1980 Part II Dominican Republic November 16, 1962 Part II Ecuador November 7, 1961 Part II Egypt, Arab Rep. October 26, 1960 Part II El Salvador April 23, 1962 Part II Equatorial Guinea April 5, 1972 Part II Eritrea July 6, 1994 Part II Ethiopia April 11, 1961 Part II Fiji September 29, 1972 Part II Gabon November 4, 1963 Part II Gambia, The October 18, 1967 Part II Georgia August 31, 1993 Part II 84 Member Date of membership Membership classification Ghana December 29, 1960 Part II Grenada August 28, 1975 Part II Guatemala April 27, 1961 Part II Guinea September 26, 1969 Part II Guinea-Bissau March 25, 1977 Part II Guyana January 4, 1967 Part II Haiti June 13, 1961 Part II Honduras December 23, 1960 Part II Hungary April 29, 1985 Part II India September 24, 1960 Part II Indonesia August 20, 1968 Part II Iran, Islamic Rep. October 10, 1960 Part II Iraq December 29, 1960 Part II Israel December 22, 1960 Part II Jordan October 4, 1960 Part II Kazakhstan July 23, 1992 Part II Kenya February 3, 1964 Part II Kiribati October 2, 1986 Part II Korea, Rep. May 18, 1961 Part II Kosovo June 29, 2009 Part II Kyrgyz Republic September 24, 1992 Part II Lao PDR October 28, 1963 Part II Lebanon April 10, 1962 Part II Lesotho September 19, 1968 Part II Liberia March 28, 1962 Part II Libya August 1, 1961 Part II Macedonia, FYR February 25, 1993 Part II Madagascar September 25, 1963 Part II Malawi July 19, 1965 Part II Malaysia September 24, 1960 Part II Maldives January 13, 1978 Part II Mali September 27, 1963 Part II Marshall Islands January 19, 1993 Part II Mauritania September 10, 1963 Part II Mauritius September 23, 1968 Part II Mexico April 24, 1961 Part II Micronesia, Fed. Sts. June 24, 1993 Part II Moldova June 14, 1994 Part II Mongolia February 14, 1991 Part II Montenegro January 18, 2007 Part II Morocco December 29, 1960 Part II 85 Member Date of membership Membership classification Mozambique September 24, 1984 Part II Myanmar November 5, 1962 Part II Nepal March 6, 1963 Part II Nicaragua December 30, 1960 Part II Niger April 24, 1963 Part II Nigeria November 14, 1961 Part II Oman February 20, 1973 Part II Pakistan September 24, 1960 Part II Palau December 16, 1997 Part II Panama September 1, 1961 Part II Papua New Guinea October 9, 1975 Part II Paraguay February 10, 1961 Part II Peru August 30, 1961 Part II Philippines October 28, 1960 Part II Poland June 28, 1988 Part II Romania April 12, 2014 Part II Rwanda September 30, 1963 Part II Samoa June 28, 1974 Part II São Tomé and Príncipe September 30, 1977 Part II Saudi Arabia December 30, 1960 Part II Senegal August 31, 1962 Part II Serbia February 25, 1993 Part II Sierra Leone November 13, 1962 Part II Singapore September 27, 2002 Part II Slovak Republic January 1, 1993 Part II Solomon Islands July 21, 1980 Part II Somalia August 31, 1962 Part II South Sudan April 18, 2012 Part II Sri Lanka June 27, 1961 Part II St. Kitts and Nevis October 23, 1987 Part II St. Lucia April 28, 1982 Part II St. Vincent and the Grenadines August 31, 1982 Part II Sudan September 24, 1960 Part II Swaziland September 22, 1969 Part II Syrian Arab Republic June 28, 1962 Part II Tajikistan June 4, 1993 Part II Tanzania November 6, 1962 Part II Thailand September 24, 1960 Part II Timor-Leste July 23, 2002 Part II Togo August 21, 1962 Part II Tonga October 23, 1985 Part II 86 Member Date of membership Membership classification Trinidad and Tobago October 30, 1972 Part II Tunisia December 30, 1960 Part II Turkey December 22, 1960 Part II Tuvalu June 24, 2010 Part II Uganda September 27, 1963 Part II Ukraine May 27, 2004 Part II Uzbekistan September 24, 1992 Part II Vanuatu September 28, 1981 Part II Vietnam September 24, 1960 Part II Yemen, Rep. May 22, 1970 Part II Zambia September 23, 1965 Part II Zimbabwe September 29, 1980 Part II Total members: 173 87 Country Eligibility for Borrowing from the World Bank | June 30, 2016 U.S. dollars A. IBRD onlya Category iv (per capita income over $7,175) Korea, Rep. 27,090 Mexico 9,980 Uruguay 16,360 Lebanon 9,880 Chile 14,900 Costa Rica 9,750 Argentinab 14,560 Mauritius 9,710 St. Kitts and Nevis 14,540 Romania 9,370 Seychelles 13,990 Gabon 9,320 Poland 13,730 Turkmenistan 8,020 Antigua and Barbuda 13,360 Libya 7,920 Equatorial Guinea 13,340 Botswana 7,880 c Russian Federation 13,210 Colombia 7,780 Croatia 13,020 Azerbaijan 7,590 Venezuela, RB 12,820 Bulgaria 7,420 Brazil 11,760 China 7,380 Kazakhstan 11,670 Belarus 7,340 Palau 11,110 Montenegro 7,240 Panama 10,970 Suriname n.a. Turkey 10,850 Trinidad and Tobago n.a. Malaysia 10,660 Category iii ($1,215–$7,175) South Africa 6,800 Armenia 3,810 Iraq 6,410 El Salvador 3,780 Peru 6,410 Georgia 3,720 Ecuador 6,040 Indonesia 3,650 Dominican Republic 5,950 Ukrainec 3,560 Namibia 5,820 Guatemala 3,440 Serbia 5,820 Philippines 3,440 Thailand 5,410 Egypt, Arab Rep. 3,280 Algeria 5,340 Morocco 3,020 Angola 5,300 Swaziland 2,700 d Jordan 5,160 India 1,610 Macedonia, FYR 5,070 Belize n.a. Bosnia and Herzegovina 4,770 Iran, Islamic Rep. n.a. Fiji 4,540 Jamaica n.a. Albania 4,460 Syrian Arab Republice n.a. Paraguay 4,150 Tunisia n.a. 88 B. Blendf Category iv (per capita income over $7,175) Grenadag 7,850 Category iii ($1,215–$7,175) St. Luciag 7,090 Bolivia 2,830 Dominicag 7,070 Congo, Rep. 2,680 St. Vincent and the Grenadinesg 6,560 Moldova 2,550 Mongolia 4,320 Uzbekistan 2,030 Cabo Verdeg 3,520 Vietnam 1,890 Sri Lanka 3,400 Pakistan 1,410 Timor-Leste 3,120 Cameroon 1,350 Nigeria 2,950 Papua New Guinea n.a. Category i ($1,045 or less) Zimbabwee 860 C. IDAf Category iv (per capita income over $7,175) Maldivesg 7,290 Category iii ($1,215–$7,175) Tongag 4,280 São Tomé and Príncipeg 1,570 Samoag 4,050 Côte d'Ivoire 1,550 Kosovo 4,000 Lesotho 1,350 Guyana 3,970 Kenya 1,280 Bhutan 2,390 Myanmar 1,270 g Kiribati 2,280 Mauritania 1,260 Honduras 2,190 Kyrgyz Republic 1,250 Nicaragua 1,830 Djibouti n.a. Solomon Islands 1,830 Marshall Islandsg n.a. Zambia 1,760 Micronesia, Fed. Sts.g n.a. Sudane 1,740 Tuvalug n.a. Ghana 1,620 Vanuatug n.a. Lao PDR 1,600 Yemen, Rep. n.a. Category ii ($1,045–$1,215) Bangladesh 1,080 Senegal 1,050 Tajikistan 1,060 89 Category i ($1,045 or less) Cambodia 1,010 Togo 580 Chad 1,010 Guinea-Bissau 570 South Sudan 960 Ethiopia 550 e Tanzania 930 Eritrea 530 Comoros 840 Guinea 480 Haiti 830 Gambia, The 450 Benin 810 Madagascar 440 Nepal 730 Niger 430 Mali 720 Congo, Dem. Rep. 410 Sierra Leone 720 Liberia 400 Burkina Faso 710 Central African Republic 330 Afghanistan 680 Burundi 270 Uganda 660 Malawi 250 Rwanda 650 Somaliae n.a. Mozambique 630 Note: n.a. = not applicable—estimates are available in ranges only. Changes during previous fiscal year: Angola, Armenia, Bosnia and Herzegovina, Georgia, and India changed from Blend borrowers to IBRD borrower status, effective fiscal 2015. a. World Bank Atlas methodology; 2014 per capita GNI (gross national income, formerly gross national product [GNP]) figures are in U.S. dollars. b. Based on data officially reported by the National Statistics and Censuses Institute of Argentina. The International Monetary Fund (IMF) has called on Argentina to adopt measures to address the quality of official GDP and consumer price index data, and issued an updated statement on Argentina’s progress on June 3, 2015: imf.org/external/np/sec/pr/2015/pr15252.htm c. These calculations are based on numbers and data from official statistics of Ukraine and the Russian Federation; by relying on those numbers and data, the Bank does not intend to make any judgment on the legal or other status of the territories concerned or to prejudice the final determination of the parties' claims. d. During IDA17, India will receive exceptional transitional support from IDA. e. Loans/credits are in nonaccrual status as of July 1, 2015. General information on countries with loans/credits in nonaccrual status is available from the Credit Risk Department in Finance Partners. f. Countries are eligible for IDA on the basis of (a) relative poverty and (b) lack of creditworthiness. The operational cutoff for IDA eligibility for fiscal 2016 is a 2014 GNI per capita of US$1,215, using Atlas methodology. To receive IDA resources, countries must also meet tests of performance. An exception has been made for small island economies. In exceptional circumstances, IDA extends eligibility temporarily to countries that are above the operational cutoff and are undertaking major adjustment efforts but are not creditworthy for IBRD lending. g. The country represents a small island economy exception and receives financing on IDA terms. 90 World Bank Expenditures by Organizational Unit l Fiscal 2012–16 millions of dollars Actuals a By organizational unit 2012 2013 2014 2015 2016 Operational units b 1,438.8 1,452.3 1,492.4 1,424.9 1,366.9 of which Regional Programs n.a. n.a. n.a. 401.9 378.5 Global Practices and Cross-Cutting Solutions Areas n.a. n.a. n.a. 1,023.1 988.4 Institutional services c 435.2 421.4 435.9 458.7 466.4 of which Development Economics and Chief Economist 66.1 61.8 66.1 61.4 60.5 Leadership, Learning, and Innovation 67.4 61.8 67.6 49.2 46.6 Operations Policy and Country Services 43.6 45.2 42.8 38.3 42.3 Governance services d 190.7 194.4 190.1 181.6 189.1 of which Boards and Corporate Secretariat 96.5 96.8 92.7 87.8 91.7 Administrative services e 414.5 414.0 467.8 527.9 520.6 f Centrally managed accounts and programs 126.8 289.8 300.6 330.9 353.2 Grant-making facilities 135.9 153.1 159.8 109.2 66.4 Total gross administrative budget 2,742.0 2,925.1 3,046.6 3,033.2 2,962.7 Reimbursements, fees, others (377.8) (426.6) (489.3) (507.2) (492.9) Total administrative budget 2,364.2 2,498.5 2,557.3 2,526.0 2,469.8 Note: n.a. = not applicable. a. The figures reported in this table reflect the work program mapping as of the end of fiscal 2016, and will not match figures published in previous reports due to organizational changes that happened during previous fiscal years. b. Includes the Regions, Global Practices, and Cross-Cutting Solutions Areas (including the Climate Change Group Vice Presidency) c. Includes Budget, Performance Review, and Strategic Planning; Chief Risk Officer; Controllers; Development Economics; Development Finance; External and Corporate Relations; Global Environment Facility; International Centre for Settlement of Investment Disputes; Leadership, Learning, and Innovation; Legal; Operations Policy and Country Services; and Treasury d. Includes the Board; Corporate Secretariat; Independent Evaluation Group; Institutional Integrity Vice Presidency; Internal Audit Vice Presidency; MDG; Office of the President; and Justice and Conduct Services (including Conflict Resolution System, Administrative Tribunal, Office of Ethics and Business Conduct, Office of Evaluation and Suspension, and Sanctions Board Secretariat) e. Includes General Services Department, Human Resources, and Information and Technology Solutions. f. Includes non-unit accounts that are centrally manged. For example, Budget Recoveries; Deprecation; Staff Separation Fund; Centrally-Managed Overhead and Benefits; Institutional Programs; HQ Real Estate; Reimbursables; Corporate Contingency; Expenditure Review–related programs; and Budget Returns. 91 Contributions: Top-10 Trust Fund Donors | Fiscal 2016 millions of dollars Donor 2016 2015 United States 3,043 2,872 The Asian Infrastructure Investment Bank (AIIB) 2,000 - United Kingdom 1,122 1,253 Germany 686 722 Japan 527 689 Canada 506 442 France 432 668 Norway 394 600 European Commission (European Union) 371 254 Sweden 335 356 Others 2,070 2,680 Total 11,486 10,536 Note: - = not available. Contributions to the International Centre for Settlement of Investment Disputes escrow accounts are excluded. Comparative figures for fiscal 2015 are provided for the top-10 donors for fiscal 2016. Previous-year figures have been reclassified where necessary. 92 Global Reporting Initiative (GRI) Index Fiscal Year 2016 This 2016 World Bank GRI Index provides an overview of sustainability considerations within the World Bank’s lending and analytical services as well as its corporate activities. This index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting Global Reporting Initiative (GRI) guidelines (https://www.globalreporting.org) and complies with the “core option.” The World Bank aims to be comprehensive in its reporting and thus the Index includes indicators from GRI's Financial Sector Supplement. The GRI Index covers activities from fiscal 2016, July 1, 2015, through June 30, 2016. About the World Bank Group The World Bank Group plays a key role in the global effort to end extreme poverty and boost shared prosperity. It consists of five institutions: the World Bank, which includes the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). Working together in more than 130 countries, these institutions provide financing, advice, and other solutions that enable countries to address the most urgent challenges of development. The GRI Index addresses the activities of the World Bank. Except for the eligibility of support and terms of lending to member countries, IBRD and IDA are tightly integrated and work as a single unit. Certain activities span across the World Bank Group and are therefore cited as such in the content. DEFINING THE REPORT Methodology for Determining Materiality The topics deemed relevant for disclosure in the GRI Index were determined by assessing: (1) the potential impact on the Bank’s business and (2) the sustainability impacts from its operations. The business case was determined based on three key categories: (1) potential reputational risks to the organization (based on the reputational heat map), (2) the importance to stakeholders, and (3) the linkages with the Bank’s mission/goals. 94 In addition to understanding the business case and stakeholder concerns, equal weight was given to the sustainability impact of the Bank’s business. After assessing the various The Natural Step framework, which complements the sustainability frameworks available (most are focused only on environment or social GRI, defines three basic "system conditions" that must be met if we want to maintain the essential environmental aspects), sustainability principles as outlined by the Natural Step were considered most services that sustain human society. Further, because appropriate. The Natural Step framework, an internationally recognized tool, considers all human action is the primary cause of the rapid change we three aspects of sustainability. see in the natural environment today, the framework Each criterion above (the three for the business case and the three for the sustainability includes a fourth system condition that focuses on the impact) is given a point and a threshold is set to prioritize GRI aspects to include in the social and economic considerations that drive those report. actions. For the purposes of this exercise, the four principles of The Bank’s materiality approach and resulting reporting was validated and strengthened the Natural Step are applied by asking: (1) Does this through a Stakeholder Panel in May 2014. aspect draw upon material extracted from the earth's crust and lead to accumulation of persistent or toxic RESULTS: WHAT IS MATERIAL? emissions, or is it an extractive industry or destructive processes? (2) Does this aspect undermine the extent of Report Boundary people's ability to meet their needs? A criterion was Boundaries are defined based on the management control of impacts – indirect impacts lay added to ensure economic representation within the tool: within the “operational” boundary while direct impacts fall within the “corporate” boundary. (3) Does this aspect impact the local economy? Impacts external to the organization [“operational boundary”] Indirect impacts occur in member countries as a result of World Bank lending and analytical services and may not be directly controlled by the Bank’s management. Impacts stemming from the World Bank’s work with clients are specified as “operational impacts.” Impacts internal to the organization [“corporate boundary”] “Corporate boundary” refers to the impact from activities over which it has direct control, such as operating World Bank facilities and managing staff members. Operational impact The World Bank’s most pertinent sustainability impacts from financial and technical services to clients can be summarized in the following GRI-related aspects: 1. Economic Performance – Because creating and distributing economic value is part of the mission of eliminating extreme poverty, shareholders and investors care about the sustainable economic performance of the institution. 2. Indirect Economic Impacts – These impacts are an essential aspect of the Bank’s goal of reducing poverty and boosting shared prosperity. 3. Biodiversity – Through lending and grant support to client countries, the World Bank Group is one of the largest international funding sources for biodiversity worldwide. 2 95 4. Human Rights / Child Labor / Indigenous Rights – The World Bank promotes human rights through its projects, for example, improving poor people’s access to health, education, food, and water; promoting the participation of Indigenous Peoples in decision making, strengthening the accountability and transparency of governments to their citizens; supporting justice reform; and fighting corruption. In addition, civil society actively followed the World Bank’s process of updating its safeguard policies, concluded in fiscal 2016. 5. Local Communities – The World Bank recognizes that CDD approaches and actions are important elements of an effective poverty reduction and sustainable development strategy. 6. Anti-corruption – Critical to the World Bank’s mission to alleviate extreme poverty is a well-functioning public sector that delivers quality public services consistent with citizen preferences and fosters private, market-led growth while managing its fiscal resources in a prudent manner. Opinion leaders in the Bank’s client countries listed anti-corruption as one of their development priorities. 7. Grievance Mechanisms (regarding impacts on people and the environment) – Grievance redress mechanisms (GRMs) are crucial for managing risk in the Bank’s portfolio. By offering a channel for citizens to express concerns, comments, and complaints, GRMs create opportunities t o resolve disputes before they escalate. GRMs can help the Bank and member countries improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability. “Percent of resolved registered grievances” is now a key performance indicator f or the World Bank (see the Corporate Scorecard). 8. Product Portfolio and Audit Aspects from the Financial Sector Supplement – World Bank stakeholders look to the Bank to ensure that policies and procedures are in place to assess and screen environmental and social risks in its lending portfolio. Corporate impact The most material aspects of the Bank’s internal operations include the following: 1. Staff are the World Bank’s greatest asset. They bring a wide range of perspectives to bear on poverty-reduction issues and emerging development challenges, and are critical to the effectiveness of the Bank’s core operational and knowledge services. Staff-related indicators are pulled from the following GRI aspect categories: economic performance, market presence, employment, occupational health and safety, training and education, diversity and equal opportunity, labor practices grievance mechanisms, and nondiscrimination. 2. The Bank recognizes that reducing its own corporate environmental impacts is in line with the institutional mission to reduce poverty, as environmental degradation affects the world’s poor disproportionately. Increasing the efficiency of how the organization runs its business—through facility-level and staff-behavior changes—reduces natural-resource waste and decreases the cost of day-to-day operations. Key aspects related to the Bank’s environmental footprint include: energy, emissions, effluents and waste, and procurement practices (including s upplier environmental assessment, supplier assessment for impacts on society, and supplier human rights assessment). Questions and comments about the GRI Index should be addressed to Corporate Responsibility, crinfo@worldbank.org. 3 96 CONTENT INDEX STRATEGY AND ANALYSIS 6 ORGANIZATIONAL PROFILE 7 IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES 13 STAKEHOLDER ENGAGEMENT 16 REPORT PROFILE 21 GOVERNANCE 22 ETHICS AND INTEGRITY 23 ECONOMIC – PERFORMANCE 25 ECONOMIC – INDIRECT ECONOMIC IMPACTS 28 ENVIRONMENTAL – BIODIVERSITY 29 ENVIRONMENTAL – GRIEVANCE MECHANISMS 32 SOCIAL – HUMAN RIGHTS INVESTMENT 33 SOCIAL – CHILD LABOR 34 SOCIAL – INDIGENOUS RIGHTS 35 SOCIAL – LOCAL COMMUNITIES 37 SOCIAL – ANTI-CORRUPTION 38 SOCIAL – GRIEVANCE MECHANISMS FOR IMPACTS ON SOCIETY 39 FINANCIAL SECTOR – PRODUCT PORTFOLIO 40 FINANCIAL SECTOR – AUDIT 45 ECONOMIC – MARKET PRESENCE 46 4 97 ENVIRONMENTAL – MATERIALS 47 ENVIRONMENTAL – ENERGY 49 ENVIRONMENTAL – EMISSIONS 51 ENVIRONMENTAL – EFFLUENTS AND WASTE 55 ENVIRONMENTAL – OVERALL 56 ENVIRONMENTAL – SUPPLIER ENVIRONMENTAL ASSESSMENT 57 SOCIAL – EMPLOYMENT 58 SOCIAL – OCCUPATIONAL HEALTH AND SAFETY 61 SOCIAL – TRAINING AND EDUCATION 62 SOCIAL – DIVERSITY AND EQUAL OPPORTUNITY 65 SOCIAL – LABOR PRACTICES GRIEVANCE MECHANISMS 68 5 98 Statement from the Refer to the World Bank Annual Report 2016 for a letter from Dr. Jim Yong Kim, President of the World Bank most senior decision Group, and a statement from the World Bank’s Board of Executive Directors. G4-1 maker of the For more information, see the World Bank Annual Report 2016 website: organization http://www.worldbank.org/en/about/annual-report. The work of the World Bank is anchored in its goals: to end extreme poverty—reducing the share of the global population living in extreme poverty to 3 percent by the year 2030—and to promote shared prosperity— increasing the income of the bottom 40 percent of the population. Both of these goals must be met in a sustainable manner. The World Bank Group Strategy, released in 2013, discusses the significant areas in which the World Bank makes environmental, social, and economic impacts, as well as the associated challenges and opportunities along the path toward ending poverty and boosting shared prosperity in a sustainable manner. The strategy combines the strength of the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA)—collectively known as the World Bank—the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The strategy places the institutions in a Description of key position to work with the public and private sectors in partnership in order to achieve the twin goals sustainably. G4-2 impacts, risks, and Opportunities and Challenges in the Global Operating Environment opportunities Low interest rates, potential financial market dislocations, weak commodity prices, the slowing of growth in key countries and the risks of wider economic slowdown, and geopolitical tensions and political uncertainties have created a challenging operating environment for the World Bank. These challenges affect the Bank’s client countries as well, many of which are oil or commodity exporters facing fiscal pressures. Several client countries also face reduced trade, capital outflows, and potential turbulence in the event of policy normalization in developed economies. All countries need to sustain reforms for long-term structural growth and employment creation. The impact on the World Bank is felt mainly through increased demand for long-term structural support from a wide range of client countries. The Bank seeks to support all clients’ developmental needs in line with strategic priorities while prudently managing its capital and funding costs. It also continues to monitor operational risks, 6 99 including the growing threat of data and information security breaches and external events that can affect its business continuity and the physical security of its staff. As the world’s leading multilateral development institution, the World Bank continues to innovate and adapt to meet the needs of individual countries, but also to address the needs of global public goods. Climate change, pandemics, and forced displacement are among the high priorities. To address them and other challenges, the Bank is developing innovative forms of financing in partnership with the public and private sectors. The emergence of new multilateral development institutions creates both opportunities and challenges for creative partnerships, and requires fresh thinking about the Bank’s financial structure. The “Forward Look,” an internal strategic exercise launched earlier this year to deliberate the medium- to long-term future of the institution, is examining demand for the Bank’s services and the ways the institution manages its financial capacity across the World Bank Group to meet these demands, with a focus on optimal leverage and mobilization. For more information on the World Bank Group Strategy, see https://openknowledge.worldbank.org/handle/10986/16095. For more information on progress toward corporate targets, see http://corporatescorecard.worldbank.org/. For more information on poverty reduction, see http://www.worldbank.org/en/topic/poverty. For more information on shared prosperity, see http://www.worldbank.org/en/topic/isp. For more information on sustainability, see http://www.worldbank.org/en/topic/sustainabledevelopment. The World Bank (WB) consists of the International Bank of Reconstruction and Development (IBRD) and the International Development Association (IDA). It is part of the World Bank Group, which includes the Name of the G4-3 International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the organization International Centre for Settlement of Investment Disputes (ICSID). For more information, see http://www.worldbank.org/en/about/what-we-do. The World Bank offers a wide range of solutions to meet development challenges, all designed to support governments in ending extreme poverty by 2030 and promoting shared prosperity: G4-4 Primary brands,  Innovative financing instruments and products for an array of investments in such areas as education, products, and services health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some of our projects are co-financed with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors. The 7 100 Bank also provides or facilitates financing through trust fund partnerships with bilateral and multilateral donors. Many partners have asked the Bank to help manage initiatives that address needs across a wide range of sectors and developing regions.  Research, analysis, partnership coordination, and technical assistance services designed to share the best knowledge available to achieve development results underpin World Bank financing. For more information, see http://www.worldbank.org/en/about/what-we-do. Location of G4-5 Washington, DC, United States headquarters Number of countries The World Bank is a global organization. IBRD is owned by 189 member countries and IDA by 173. The Bank G4-6 where the organization operates in 136 countries globally. There are 129 “Country Offices.” operates For a complete list of locations, see www.worldbank.org/contacts. The World Bank is not a bank in the traditional sense, but a unique partnership committed to reducing poverty and supporting development. IBRD is governed by and works with its 189 member countries to achieve equitable and sustainable economic growth in their national economies, and to find solutions to pressing regional and global problems in economic development and other important areas, such as environmental sustainability. IDA works with its 173 member countries to reduce poverty by providing loans (called “credits”) Nature of ownership and grants for programs that boost economic growth, reduce inequalities, and improve people’s living G4-7 conditions. and legal form For a full list of member countries, see http://www.worldbank.org/about/leadership/members. Each of the World Bank organizations operates according to procedures established by its Articles of Agreement. The agreements outline the conditions of membership and the general principles of organization, management, and operations. 8 101 The World Bank works globally to achieve equitable and sustainable economic growth in member country economies and to find solutions to the pressing regional and global problems in economic development. Its work is distributed throughout the following regions: Africa, East Asia and Pacific, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, and South Asia. World Bank projects cover the following Global Practices: Agriculture; Education; Energy and Extractives; G4-8 Markets served Environment and Natural Resources; Finance and Markets; Governance; Health, Nutrition, and Population; Macroeconomics and Fiscal Management; Poverty; Social Protection and Labor; Social, Urban, Rural, and Resilience; Trade and Competitiveness; Transportation and Information and Communication Technologies; and Water. For more information on the Bank’s work by region and by sector, see www.worldbank.org/unit. In fiscal 2016, the World Bank employed 11,421 staff and 4,757 full-time-equivalent (FTE) short-term consultants and temporaries who worked in Washington, DC, and in 136 countries worldwide. World Bank lending commitments for development support totaled $45.9 billion in fiscal 2016. New lending commitments by IBRD totaled $29.7 billion for 118 operations in fiscal 2016, higher than fiscal 2015’s $23.5 billion. As of June 30, 2016, net commitments in IBRD's active portfolio stood at $109.9 billion. IBRD also offers financial products that allow clients to efficiently fund their development programs and manage risks related to currency, interest rates, commodity prices, and natural disasters. In fiscal 2015, the Bank’s Treasury executed US dollar equivalent (USDeq) 1.1 billion in hedging transactions on behalf of member countries, including USDeq 349 million in interest rate conversions and USDeq 790 million in currency conversions, to assist borrowers in managing interest rate and currency risks over the life of their IBRD loans. G4-9 Scale of organization In addition, the Bank’s Treasury executed swap transactions totaling USDeq 12.5 billion to manage the risks of IBRD’s balance sheet and USDeq 1.5 billion to manage the risks of IDA’s balance sheet. IDA commitments amounted to $16.2 billion for 177 operations in fiscal 2016, including $14.4 billion in credits, $1.3 billion in grants, and $500 million in guarantees. As of June 30, 2016, net commitments in IDA’s active portfolio stood at $97 billion. IDA is financed largely by contributions from partner governments. Additional financing comes from transfers from IBRD’s net income, grants from the International Finance Corporation (IFC), and borrowers’ repayments of earlier IDA credits. The IDA17 Replenishment, which covers fiscal 2015– 17, total resources amount to 37.7 billion in Special Drawing Rights (equivalent to $56.8 billion). For more information, see the World Bank Annual Report 2016, http://www.worldbank.org/en/about/annual- report. 9 102 The World Bank’s workforce is composed of 11,421 individuals of more than 170 nationalities—about 6,300 on permanent contracts, 5,100 on fixed-term (including special assignments and term consultant/ temporary contracts), and 4,757 FTE short-term consultants and temporaries. The richness of the backgrounds and experience of Bank staff continues to be a hallmark of the products and services that clients seek. There has been a 4.3 percent decrease in the number of full-time employees (those on permanent, fixed-term, special assignments, and extended-term consultant/temporary contracts) since fiscal 2015. The Bank also employed about 4,757 FTE short-term consultants in fiscal 2016, a 12 percent increase over FTE short-term consultants employed in 2015. These self-employed workers make up about 29 percent of the Bank’s workforce. The World Bank has a significant global footprint, with 41 percent of full-time staff now working outside the US. Eighty-four percent of the staff and 2 percent of managers at the director level or above (grade GI+) located in non-US offices were locally hired. For information about the Bank’s career tracks, see www.worldbank.org/jobs. Total number of 2016 2015 2014 employees by Full-time staff Number % of total Number % of total Number % of total G4-10 employment contract, region, broken down by United States 6,736 59% 7,209 60% 7,449 60% gender Female 3,659 32% 3,936 33% 4,102 33% Male 3,077 27% 3,273 27% 3,347 27% Non-US location 4,685 41% 4,724 40% 4,879 40% Female 2,206 19% 2,226 19% 2,272 18% Male 2,479 22% 2,498 21% 2,607 21% WB total full-time staff 11,421 11,933 12,328 Of which Female 5,865 51% 6,162 52% 6,374 52% Of which Male 5,556 49% 5,771 48% 5,954 48% Consultants 4,757 29% 4,262 26% 4,033 25% (FTE globally) 10 103 At the World Bank Group, the percentage of total employees covered by collective bargaining agreements is zero. However, the Bank Group Staff Association represents and protects the rights and interests of all (that is, 100 percent) of the staff in its work with Human Resources, senior management, Percentage of total line management, and the Executive Directors. More than 10,000 World Bank Group staff are members employees covered by of the Staff Association, and 90 Country Offices have established Country Office Staff Associations. G4-11 collective bargaining Founded in 1972, the Staff Association is not a union and does not engage in collective bargaining. It agreements serves a critical role by representing the rights of all World Bank Group staff, as provided in Staff Rule 10.01. As a development institute, the World Bank does not have a complex corporate supply chain. For those areas where the Bank has a high-value or high-risk (strategic) spend, we work through a category management process that uses market research and industry best practices to manage the supply chain. This allows us to develop strategies and measurable objectives around sustainability that are included and measured through the contract management process. An example of a commodity for which category management is used is the Bank's travel expenditure. Corporate Procurement also works closely with clients to reinforce sustainability options, such as encouraging the inclusion of sustainable building certification criteria in construction and The organization’s renovation projects led by corporate real estate. G4-12 supply chain The materials the Bank uses regularly to carry out its internal business include office supplies and electronics, and we rely heavily on transportation services to ensure we interact with clients on the ground. An elevated expectation from donors and the public to demonstrate effectiveness, value for money, and efficiency in delivery has resulted in Procurement’s taking the lead to manage corporate contracts for goods and services globally at optimal quality and minimal total cost of ownership. For more information, see http://www.worldbank.org/corporateprocurement. Significant changes during the reporting period regarding the G4-13 There were no significant changes in fiscal 2016. organization’s size, structure, ownership, or its supply chain 11 104 I The World Bank applies the precautionary approach through its safeguard policies. The Bank’s environmental and social safeguard policies are a cornerstone of its support to sustainable poverty Report whether and reduction. The objectives of these policies are to prevent and mitigate harm to people and their environment in how the precautionary the development process. These policies provide guidelines for Bank and borrower staff in the identification, G4-14 approach or principle is preparation, and implementation of programs and projects. The effectiveness and development impact of addressed by the programs and projects supported by the Bank has substantially increased as a result of attention to these organization policies. Safeguard policies have often provided a platform for the participation of stakeholders in project design, along with being an important instrument for building ownership among local populations. For more information, see http://www.worldbank.org/safeguards. The World Bank is committed to helping developing countries end poverty and boost shared prosperity in a Externally developed sustainable manner. As such, it partnered globally to advance the effort to achieve the Millennium Development economic, Goals (MDGs). Now the Bank is a partner of choice for countries seeking to reach many of the Sustainable environmental, and Development Goals (SDGs), adopted in September 2015, particularly in the context of financing, data, and social charters, supporting implementation. The World Bank is also an active member of the United Nations Environmental G4-15 principles, or other Management Group and the Multilateral Financial Institutions Working Group on the Environment. As a UN- initiatives to which the specialized agency, the World Bank also supports the mission of the United Nations and the multilateral organization agreements for which the Bank acts as an implementing agency, including the Global Environment Facility subscribes or which it (GEF), the Multilateral Fund for the Montreal Protocol, and the Convention to Combat Desertification. These endorses facilities have enabled the World Bank to become the largest funder of projects in support of the Convention on Biological Diversity and the Stockholm Convention on Persistent Organic Pollutants. The World Bank Group is not a formal member of industry or business associations, or national or international advocacy organizations, but it is working with a wide range of civil society organizations, foundations, and Memberships of private sector partners on multiple global issues. These partnerships build support for the Bank’s twin goals associations and through our End Poverty campaign and around specific development issues, such as financial inclusion, G4-16 national or education, health, and climate change, in order to operate more effectively. A few examples are: international advocacy  In February 2015, the World Bank Group became a founding member of the Partnership on Religion and organizations Sustainable Development, which brings together bilateral donors and multilateral development partners that seek to more effectively engage with religious communities and organizations to achieve the goals of the 2030 Agenda on Sustainable Development. 12 105  In fiscal 2016, the World Bank Group spearheaded the creation of the Carbon Pricing Leadership Coalition, bringing together 20 governments and more than 90 international corporations, which was launched at the Paris COP21.  At the World Bank Group annual Foundations Advisory Council meeting, global foundation presidents indicated their support for a newly formed alliance between the Bank Group and UNICEF to advance programmatic interventions and global advocacy efforts for early childhood development. The content and data in this document relate to the International Bank of Reconstruction and Development All entities included in (IBRD) and the International Development Association (IDA), together, the World Bank. The 2016 Global the organization’s Reporting Initiative (GRI) Index does not cover activities of the other three agencies of the World Bank Group: G4-17 consolidated financial the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the statements or International Centre for Settlement of Investment Disputes (ICSID). These agencies publish separate annual equivalent documents reports. Some references to the World Bank Group have been made in this report and are noted. For more about the World Bank and its sibling agencies, see www.worldbank.org/about. The topics deemed relevant for disclosure were identified by assessing annual corporate priorities outlined by the institution’s Boards and President, considering stakeholder input, as well as ascertaining sustainability impacts of carrying out the mission and vision. Stakeholder feedback is gained through three key channels: the Country Opinion Survey Program, civil society feedback, and queries from investor research groups. The process for To determine if a GRI aspect is material for the World Bank to report on, an assessment is carried out based on defining the report the potential impacts on the Bank’s business, and sustainability impacts stemming from its business. The content and the Aspect business-case category evaluates potential reputational risks to the organization, the importance to Boundaries; how the stakeholders (based on the above sources), and the linkages with the Bank’s mission and goals. The G4-18 organization has sustainability impact refers to environmental and social criteria, as outlined by the Natural Step, namely, implemented the material extracted from the earth’s crust; the accumulation of persistent or toxic emissions; extractive industry Reporting Principles or destructive processes; and the extent to which people’s ability to meet their needs are undermined. To for Defining Report ensure representation of sustainable development, an additional criterion was added to give preference for Content impact on the local economy. The Principles for Defining Report Content have been applied to identify, prioritize, and validate the information to be disclosed by considering the World Bank’s activities, impacts, and the substantive expectations and interests of its stakeholders. Each criterion above is given a point and a threshold is set to prioritize GRI aspects to include in the report. 13 106 Material aspects are listed below: Materiality score Aspect Boundary (maximum score is 6) ECONOMIC 1 ECONOMIC PERFORMANCE 6 Both 2 MARKET PRESENCE 4 Corporate 3 INDIRECT ECONOMIC IMPACTS 6 Operational ENVIRONMENTAL 4 MATERIALS 4 Corporate 5 ENERGY 4 Corporate 6 BIODIVERSITY 6 Operational 7 EMISSIONS 4 Corporate All the material aspects 8 EFFLUENTS AND WASTE 5 Corporate identified in the G4-19 9 OVERALL 4 Corporate process for defining report content 10 SUPPLIER ENVIRONMENTAL ASSESSMENT 4 Corporate 11 ENVIRONMENTAL GRIEVANCE MECHANISMS 5 Operational SOCIAL: LABOR PRACTICES AND DECENT WORK 12 EMPLOYMENT 4 Corporate 13 OCCUPATIONAL HEALTH AND SAFETY 4 Corporate 14 TRAINING AND EDUCATION 4 Corporate 15 DIVERSITY AND EQUAL OPPORTUNITY 4 Corporate 16 LABOR PRACTICES GRIEVANCE MECHANISMS 4 Corporate SOCIAL: HUMAN RIGHTS 17 INVESTMENT 4 Operational 18 NON-DISCRIMINATION 4 Corporate 19 CHILD LABOR 4 Operational 20 INDIGENOUS RIGHTS 4 Operational 14 107 21 HUMAN RIGHTS GRIEVANCE MECHANISMS 4 Operational SOCIAL: SOCIETY 22 LOCAL COMMUNITIES 4 Operational 23 ANTI-CORRUPTION 4 Operational 24 GRIEVANCE MECHANISMS FOR IMPACTS ON SOCIETY 4 Operational FINANCIAL SECTOR SUPPLEMENT 25 PRODUCT PORTFOLIO 6 Operational 26 AUDIT 4 Operational See table in G4-19. For each material Impacts internal to the organization or “corporate boundary” refers to the impacts from day-to-day operations aspect, the Aspect G4-20 on buildings and staff members. GRI indicators for environment apply primarily to performance of Washington, Boundary within the DC, facilities (which house 60 percent of World Bank staff), with data from 129 country offices noted when organization relevant. Indicators related to labor practices apply to global staff policies and practices. See table in G4-19. The World Bank, a development institution, works closely with member country government counterparts and For each material stakeholders to achieve lasting results. Aspect Boundaries outside the organization involve indirect impacts aspect, the Aspect G4-21 that occur in member countries as a result of the Bank’s lending and analytical services. Boundary outside the organization To satisfy GRI reporting specifications, the World Bank references its entire portfolio of activities, but does not include the performance of individual investments in its portfolio. For descriptions of individual investments, see http://www.worldbank.org/projects. There are minor changes in LA9: we have restated the data by days instead of hours. LA16 has been restated Restatements of because the fiscal 2015 numbers were incorrect. G4-22 information provided in In EC1, certain reclassifications of fiscal 2015’s financial information have been made to conform to the current previous reports year’s presentation. Changes were made from the previous reporting period in the Scope and Aspect Boundaries. In fiscal 2015, Significant changes the following GRI aspects—“materials”—were not deemed material based on the methodology. This was from previous reporting G4-23 mainly because stakeholders were not asking about Corporate Procurement practices, and thus these aspects periods in the Scope ranked low on the materiality scale. The Bank continues to consider its procurement practices an essential part and Aspect Boundaries of its footprint impact, and thus has included information in the 2016 GRI Index. 15 108 As a global citizen and a global employer, the World Bank consults and collaborates with thousands of stakeholders throughout the world. The Bank groups the stakeholders into two main categories: internal and Stakeholder groups external. G4-24 engaged by the Internal stakeholders include Bank owners (shareholder governments) and Bank employees (staff). organization External stakeholders include civil society; faith-based organizations; academic; foundations; parliamentarians; the private sector (including socially responsible investors); partnering agencies; and international, national, and local media as well as citizens impacted by projects and beneficiaries. In the context of World Bank-supported activities, stakeholders are considered those who are affected, whether positively or negatively, by a proposed intervention. Who the stakeholders are for any given project or issue The basis for depends on the situation. Getting the necessary stakeholders involved is essential, but it is not always easy, identification and because our stakeholders range from donor and client governments to the poorest and most marginalized G4-25 selection of communities. stakeholders with Partners are another essential stakeholder group. The World Bank also works with stakeholders who share the whom to engage commitment to advance the Bank’s twin goals, evidenced by their participation in our Annual and Spring Meeting dialogues, advocacy of our critical causes, and involvement in our issue-based campaigns. The organization’s 1. Member Each fall and spring, the Boards of Governors of the World Bank Group and approach to governments International Monetary Fund (IMF) hold Annual and Spring Meetings to discuss stakeholder a range of issues related to poverty reduction, international economic engagement, including development, and finance. The Annual Meetings provide a forum for frequency of international cooperation and enable the Bank Group and the IMF to better engagement by type serve their member countries. In addition to these meetings, the Development and by stakeholder Committee convenes to advise the Boards of Governors on issues of global G4-26 group, and an concern, including the world economic outlook, poverty eradication, economic indication of whether development, and aid effectiveness. The Development Committee any of the engagement Communique is used as part of the materiality exercise for the GRI Index. was undertaken For more information about member governments, see specifically as part of http://www.worldbank.org/en/about/leadership/members. the report preparation process 16 109 2. Employees Staff are engaged in institutional campaigns to garner support for the twin goals. In fiscal 2016, the End Poverty campaign reached out to staff through intranet communications, internal events, social media messages, and promotional materials. A series of internally broadcast town halls with leadership throughout the course of fiscal 2016 allowed staff to engage in dialogue with management on issues and concerns related to human resource policy, strategic directions, the operational model, and more. Annual staff surveys are used to engage employees by giving them the opportunity to contribute their opinions. In May 2016, a World Bank Group Employee Engagement Survey was conducted to measure staff's views on a variety of key areas—from leadership to career development to the work environment. Staff are also engaged through the Community Connections Campaign. Each year, the CCC raises millions of dollars in staff donations and World Bank Group 100 percent matching to support nonprofit organizations that work domestically and globally to combat poverty and uplift communities. 3. Civil Society (CSO) The World Bank engages CSOs regularly at the global, regional, and local level. We share information, solicit input on policy reform, consult with them on our strategy, collaborate with them on Bank-financed projects, and forge partnerships to further our dual goals. Consultations with civil society on policy reforms have become an important component of our engagement with CSOs. In the most extensive CSO communications effort in World Bank history, the review of the environmental and social safeguards, CSOs from 93 countries were consulted between August 2015 and March 2016. The Bank’s internal Civil Society Team hosts a monthly update call with more than 500 CSOs invited, and distributes a monthly CSO eNewsletter, which reaches more than 7,000 subscribers. In fiscal 2016, the team kicked off an enhanced engagement approach with civil society in collaboration with the Africa region, which included a one-day workshop of policy dialogue, training, and a site visit to a World Bank-financed project. Twice a year, during the Annual and Spring Meetings, the World Bank Group hosts the Civil Society Policy Forum that convenes more than 600 civil society 17 110 representatives from around the world to deliberate on priority development issues with a broad group of stakeholders. Forty-plus dialogue sessions are held, organized primarily by CSOs in concert with the Bank. The World Bank also interacts with CSOs on reports such as the annual World Development Report (WDR) and evaluations conducted by the Independent Evaluation Group (IEG). In addition, it the Bank regularly seeks input and feedback from CSOs on diverse topics, from the new gender strategy to disclosure of information on public–private partnerships, from grievance redress mechanisms to IDA. At the country level, the World Bank consults with a broad spectrum of CSOs on the System Country Diagnostic, the Country Partnership Framework, sector studies, and individual Bank-funded development projects. Often these interactions involve multiple stakeholders and CSOs, governments, businesses, and donor agencies. With the introduction of the Citizens Engagement Strategic Framework, the Bank has committed to 100 percent beneficiary feedback by 2018, for which the views of civil society are solicited to inform impact assessments and future development planning. The framework seeks to mainstream citizen engagement in World Bank-supported policies, programs, projects, and advisory services and analytics to improve their development results and within the scope of these operations, contribute to building sustainable national systems for citizen engagement with governments and the private sector. As of April 2016, 86 percent of World Bank projects included beneficiary feedback indicators and 89 percent included citizen engagement. To further support development results and reach the Bank goals of ending extreme poverty and fostering shared prosperity, the Global Partnership for Social Accountability (GPSA) encourages civil society and governments to work together to solve critical governance challenges in developing countries. To achieve this objective, the GPSA provides strategic and sustained support to CSOs’ social accountability initiatives. For more information on the Bank’s engagement with civil society, see http://www.worldbank.org/civilsociety, and for more information on the GPSA, see http://www.thegpsa.org/sa. 18 111 4. Opinion Leaders The Country Opinion Survey (COS) Program systematically assesses and tracks the views of external opinion leaders across client countries. The World Bank Group has collected thousands of opinions in this mandated program since its inception, in fiscal 2012. Each client country is surveyed once every three years; each year, about 40 to 45 countries are included. In this manner, over a three-year cycle, the COS Program obtains feedback from stakeholders in nearly all client countries. No other multilateral organization engages in a feedback mechanism of such breadth and depth. For more information, see http://countrysurveys.worldbank.org/. 5. Environmental, Formal and informal engagements are used to work better with the ESG social, governance investor community. (ESG) Investor Each ESG research firm requests updates from the World Bank based on a Community proprietary list of questions. These questions are used as part of the materiality exercise for the GRI Index. The Bank provides responses to the requests regularly. Ad hoc questions about the environmental, social, and governance issues noted under ESG research firms, but prompted by news reports, are addressed immediately. In addition to providing links to relevant websites, such as the pertinent consultations website, the inquiring investors are connected to key staff to address concerns about the specific topic. 6. Partnering agencies The World Bank works with other international institutions and donors to improve the coordination of aid policies and practices in countries at the regional and global levels. Consultation methods and formats vary depending on the scope of the Bank’s proposed engagement. For more information, see http://www.worldbank.org/partners. 7. Local, national, and Regularly, the World Bank approaches media to cover its major report international media launches, corporate priority campaigns, and messages, including events involving the President. At key opportunities, like the Annual and Spring Meetings, the Bank proactively drives the primary messages of the institution, such as including its commitment to the twin goals of ending extreme poverty by 2030 and boosting shared prosperity. The Bank approaches traditional media outlets (via interviews and op-eds) and actively uses social media to 19 112 promote issues that need to be addressed to achieve those goals, such as major reports on climate change. It also responds to all media queries and interview requests to help the media better understand the Bank and what it does. In addition, the Bank’s reputation is managed by working with reporters to clarify Bank priorities and activities, providing them with institution views so they can write balanced and well-represented articles. Press releases, speeches, transcripts, and feature stories from the Bank can be found on the World Bank’s website homepage, http://www.worldbank.org, and on the news site, http://worldbank.org/en/news. The key priority in fiscal year 2016 was the continued promotion and implementation of the World Bank goals. This included outreach to key audiences through mechanisms such as press releases, op-eds, report launches, and other stakeholder engagement about activities to achieve these goals. Significant communications efforts were also directed toward the Bank’s enhanced efforts in combating specific issues, such as the global issues of forced displacement, pandemics, and climate change, while our issuance and promotion of our biannual global economic prospects also garnered strong media coverage. Because stakeholder groups raise concerns in various venues and formats, these concerns cannot be summarized here. For concerns raised during consultations, see http://consultations.worldbank.org. For concerns raised in particular projects, see individual project documents, http://www.worldbank.org/projects. Key topics and 1. Member governments: The World Bank’s Board of Executive Directors created in 1993 the Inspection concerns that have Panel, an independent complaints mechanism, to ensure that people had access to an independent been raised through body to express their concerns and seek recourse. Information is released on a retrospective basis. For stakeholder G4-27 concerns raised in 2015, see the most recent Inspection Panel Annual Report, engagement, and how http://www.worldbank.org/inspectionpanel the organization has 2. Employees: Staff concerns are not disclosed because of the institution’s information policy, which responded to those key designates staff information as confidential. topics and concerns 3. Civil society: For concerns raised by civil society, see http://www.worldbank.org/civilsociety 4. Opinion leaders and partnering agencies: Key priorities that continue to emerge from the Country Opinion Survey (COS) Program include governance, education, jobs, and rural and agriculture 20 113 development. Survey data demonstrate that the Bank Group is viewed as a strong, long-term partner and very effective at collaborating with government and donors. Views are less positive about how the Bank Group collaborates with groups outside of government, including the private sector and civil society. Within the institution, the COS data are used to inform the institution’s work with countries as well as the work of those tasked with bringing about change in the way the Bank Group achieves its goals. The COS data are shared with the Board and incorporated into the Corporate Scorecard on a regular basis. For more information, see http://countrysurveys.worldbank.org/. 5. Investor community: ESG research firms request information on environmental issues (such as overall project lending strategy, impacts made, measurement of greenhouse gas (GHG) from projects, corporate responsibility); social topics (including internal human resources data, human rights policies as they relate to our work with client countries, environmental and social safeguards, specific project controversies as they impact IBRD-financed and IDA-financed countries); and governance topics (World Bank Board of Executive Directors information, number of women in top management, checks and balances between board members and project auditors and management; transparency of salaries and benefits for top management). To ensure transparency on these issues, the World Bank uses these questionnaires as part of the materiality exercise when developing the GRI Index and Sustainability Report. Reporting period for G4-28 The 2016 GRI Index cover fiscal 2016, July 1, 2015, through June 30, 2016. information provided Date of most recent G4-29 The previous Sustainability Review and GRI Index were made available in October 2015. previous report The World Bank updates its GRI Index annually and going forward the World Bank Sustainability Review will be G4-30 Reporting cycle published biennially. Updates will be provided in the World Bank Annual Report. The contact point for questions regarding G4-31 For more information, email the Corporate Responsibility Program: crinfo@worldbank.org. the report or its contents The ‘in accordance’ G4-32 The 2016 GRI Index has been reported in accordance with the GRI guidelines: “core option.” option 21 114 Policy and current practice with regard to The World Bank has not set a policy on gaining external assurance for its GRI Index and Sustainability Review. G4-33 seeking external In practice, limited assurance is carried out for the Bank’s corporate carbon emissions data biennially. The assurance for the carbon inventory is also assured every year by the IFC Annual Report auditors. report The World Bank is a development institution for which its 189 member countries are shareholders. The Bank works with members to achieve equitable and sustainable economic growth in their national economies and find solutions to pressing regional and global problems in economic development and critical areas such as environmental sustainability. It pursues its overriding goals to overcome poverty and improve standards of living primarily by providing loans, risk-management products, and expertise on development-related disciplines and by coordinating responses to regional and global challenges. Member countries govern the The governance Bank through the Boards of Governors and the Board of Executive Directors (EDs). structure of the The Boards of Governors consist of one governor and one alternate governor appointed by each member organization, including country. The office is usually held by the country’s minister of finance, governor of its central bank, or a senior committees of the official of similar rank. The governors and alternates serve for terms of five years and can be reappointed. The highest governance Honorable Mauricio Cárdenas, Minister of Finance and Public Credit, Colombia, will be the Chairman for the G4-34 body; any committees 2016 Annual Meetings. The governors delegate specific duties to the 25 EDs, who sit as a resident Board of responsible for Directors in Washington, DC. The five largest shareholders appoint an executive director, while other member decision making on countries are represented by elected executive directors. economic, environmental, and Together, the Boards of Governors and the EDs make all major decisions for the organization, including policy, social impacts financial, and membership issues. In addition to representing their own countries and others they are elected to represent, EDs serve on one or more of five standing committees: Audit Committee, Budget Committee, Committee on Development Effectiveness (CODE), Human Resources Committee, and Committee on Governance and Executive Directors’ Administrative Matters (COGAM). The committees help the Board execute its oversight responsibilities through in-depth examinations of policies and practices, overseeing and making decisions about the Bank’s policies and procedures, financial condition, risk-management and assessment processes, adequacy of governance 22 115 and controls, and effectiveness of development and poverty-reduction activities. In addition, the Ethics Committee provides guidance on matters covered by the Code of Conduct for Board officials. These committees function independently of all World Bank Group executive officers. For more information, see http://www.worldbank.org/en/about/leadership. The executive-level The World Bank Group integrates the principles of sustainable environmental and social development into its position or positions work with clients across all sectors and regions. This is done through the Office of the Vice President for with responsibility for Sustainable Development, who reports through the Office of the Managing Director and Chief Operations economic, G4-36 Officer, in turn to the President of the World Bank Group. environmental, and For more information about the current Vice President, Sustainable Development, see social topics, reporting http://www.worldbank.org/en/about/people/laura-tuck and order to the highest http://www.worldbank.org/en/topic/sustainabledevelopment. governance body The World Bank Group core values are personal honesty, integrity, and commitment; working together in teams with openness and trust; empowering others and respecting differences; encouraging risk-taking and responsibility; and enjoying both work and family. See the Code of Conduct. There is a mandatory e-learning training on the Code of Conduct for all new staff, including consultants with contracts of more than 30 days. A summary of the Code of Conduct is available in nine languages. There is a The organization’s separate Code of Conduct for Board officials. Business partners are informed of ethics expectations through a values, principles, separate document. standards, and norms G4-56 In addition to the training for new staff, the institution offers a number of ethics training courses. The Office of of behavior, such as Ethics and Business Conduct (EBC) continuously expands its offering of training for staff in headquarters and codes of conduct and country offices on Bank Group values, expected business conduct, recourses available against misconduct and codes of ethics retaliation, and the prevention of conflicts of interest. Adherence to high ethical standards is specified in contracts with employees, Board officials, and business partners. Section 1(c) of the Code for Board Officials requires them to sign the code document upon assuming duty and deposit it with the Ethics Committee of the Board. Staff members are required to uphold World Bank Group Staff Rules as a condition of employment. 23 116 The head of EBC is a Bank Group Vice President. The leadership of this function by a Vice President reflects the importance attached to EBC’s mandate across its four key areas of responsibility: (1) responding to and investigating allegations of staff misconduct; (2) providing training, outreach, and communications on ethics issues; (3) providing advice on conflicts of interest and implementing the Bank Group’s financial disclosure programs; and (4) tracking trends and providing insights and periodic reports to senior management. For more information on the World Bank’s Code of Conduct and EBC functions, see http://worldbank.org/ethics. The Office of Ethics and Business Conduct (EBC) enables staff members (both past and present) to seek ethics-related advice. Employees, business partners, and other stakeholders are informed of EBC’s advisory services through a range of communications and training programs. The Ethics Helpline is an email service account (ethics_helpline@worldbank.org) accessible to staff and advertised on the external website. Staff members also can seek advice directly from EBC staff during office hours or arrange to speak with advisory team members at a convenient time. Most advisory services are provided in English, which is the working language of the organization. Staff members can also contact the Ethics Helpline by phone (800-261-7497) 24/7. This line is administered in multiple languages by an outside Internal and external vendor. mechanisms for seeking advice on Advisory requests are treated with the highest possible level of confidentiality given the requirements of the ethical and lawful case. Requests for advice can be made anonymously. G4-57 behavior, and matters Over the past five years, EBC received between 750 and 850 requests for advice per year. In more than 80 related to percent of the cases, answers were provided within two business days. The most frequently received queries organizational integrity, involved questions concerning a staff member’s outside activities, pre- or post-Bank Group employment, and such as helplines or couples or family relationships. EBC does not currently administer a satisfaction survey to individuals who advice lines contact the office for advice. In addition, the Bank’s Integrity Vice Presidency works to improve compliance with corruption-related policies. The unit trains staff to detect and deter fraud and corruption, and investigates allegations in activities conducted or financed by the Bank Group—as well as allegations of significant fraud and corruption involving staff. The EBC and Integrity Vice Presidencies cooperate to ensure a consistency of approach. Details are outlined for staff in the World Bank Group Code of Conduct. See: http://worldbank.org/ethics. 24 117 Staff members have a range of internal justice mechanisms for reporting concerns about unethical behavior. In addition to the investigatory units mentioned above, staff members consult Ombuds Services, Respectful Workplace Advisors, Mediation Services, Peer Review Services, and line management. Internal and external EBC is responsible for the mechanisms for reporting concerns within the Bank Group. The Ethics Helpline is mechanisms for administered by an outside vendor, and is available 24/7 in multiple languages. The Bank Group regularly reporting concerns communicates about reporting mechanisms to employees, partners, and stakeholders. Examples of such about unethical or communications include a newsletter emailed to all staff, posters featuring reporting channels sent to all Bank unlawful behavior, and Group offices, and brochures sent to country offices and distributed by Internal Justice Services staff. Training, matters related to which details the available reporting mechanisms, is provided to employees when they join the World Bank G4-58 organizational integrity, Group, with periodic refreshers offered. All concerns are treated with the highest possible level of confidentiality such as escalation given the requirements of the case. The system also allows for reporting concerns anonymously. through line The Bank Group has a non-retaliation policy incorporated into its Staff Rules: “Retaliation by a staff member management, against any person who provides information regarding suspected misconduct, who cooperates or provides whistleblowing information in connection with a preliminary inquiry or investigation, or who uses the Conflict Resolution System mechanisms, or is expressly prohibited and shall result in proceedings under this Rule. This prohibition against retaliation hotlines extends also to retaliation against any person because such person was believed to be about to report misconduct or believed to have reported misconduct, even if such belief is mistaken.” The World Bank is a vital source of financial and technical assistance to developing countries around the world. The World Bank’s lending is aimed at two different groups of countries: IBRD strives to reduce poverty in middle -income and credit-worthy poorer countries through loans, guarantees, risk-management products, and analytical and advisory services. Its companion organization, IDA, offers below-market-rate financing to the world’s 78 poorest countries, primarily through credits and grants. IBRD funds itself through high-quality bonds offered in the international capital markets. IDA’s funding is predominantly from contributions by donor countries, G4-DMA including OECD countries and, increasingly, middle-income nations. The World Bank Corporate Scorecard is designed to provide a snapshot of the Bank’s overall performance in the context of development results. It facilitates strategic dialogue between management and the Board on progress made and areas that need attention. Aspects of financial strength are measured under the Scorecard’s Tier III, which reviews the overall success of Bank activities in achieving development goals and examines the effectiveness of Bank operations, including the performance of its lending portfolio. 25 118 In fiscal 2016, IBRD revenues totaled $2.71 billion ($2.68 billion and $2.62 billion for 2015 and 2014, respectively), and IDA’s revenues were $3.53 billion ($3.11 billion and $3.16 billion for 2015 and 2014, respectively). Sources of revenues include net revenue from loans and credits, revenue from IBRD’s Equity Management, net revenue from investments trading, transfers from affiliated organizations, and other sources from Direct economic value externally funded activities. G4-EC1 generated and Fiscal 2016 IBRD administrative expenses were $2.1 billion ($2.0 billion and $1.91 billion Full distributed for 2015 and 2014, respectively), and IDA’s administrative and development grant expenses were $2.98 billion ($4.2 billion and $4.65 billion for 2015 and 2014, respectively). The Bank has been able to deliver a strong lending program while containing its administrative expenses. To better understand the business models of each entity, please see the IBRD Management’s Discussion & Analysis (MD&A) and the IDA MD&A. Climate change is a threat to the core mission of the World Bank. Current weather extremes already affect millions of people, putting food and water security at risk and threatening agricultural supply chains and many coastal cities. Without further action to reduce extreme poverty, provide access to basic services, and strengthen resilience, climate impacts could push an additional 100 million people into poverty by 2030. Financial implications The 2015 COP21 set a milestone toward combatting climate change. The World Bank and other risks and Climate Change Action Plan, developed right after COP21, aims to accelerate efforts to opportunities for the tackle climate change and help developing countries deliver on their national climate G4-EC2 Full organization’s plans submitted for COP21. The Bank’s plan focuses on helping countries shape activities due to national policies and leverage private-sector investment. In this context, the Bank aims to climate change increase its climate-related lending by a third to 28 percent by 2020. In addition to its own financing, the World Bank also intends to mobilize $25 billion in commercial financing for clean energy over the next few years. Risks and opportunities and the subsequent financial implications of the Bank’s activities due to climate change are reported through the Climate Disclosure Project. For the complete report, see www.cdp.net. 26 119 The World Bank offers its staff defined benefit plans. Participation in the pension plan is mandatory. The Staff Retirement Plan (pension) and Retired Staff Benefits Plan (medical) assets are held in separate irrevocable trusts, and the Post Employment Benefit Plan assets (other benefits) are included in IBRD’s investment portfolio. The assets of the plans are used for the exclusive benefit of the participants and their beneficiaries and represent the accumulated contributions paid into the plans net of benefit payments, together with the accumulated value of investment earnings, net of related expenses. The employer contribution to the pension plan is based on a specified funding Coverage of the methodology and varies from year to year in response to changes in the plan’s financial organization’s defined G4-EC3 position. Participants of the gross plan (closed plan) contribute 7 percent of the Full benefit plan pensionable gross salary. Participants of the net plan (open to new entrants) contribute 5 obligations percent of their net salary to the mandatory cash balance component. Participants of the net plan may choose to contribute up to an additional 6 percent of their net salary to the cash balance. As of June 30, 2016, the value of accrued pension liabilities for IBRD/IDA was $18 billion, supported by assets of $15.2 billion held in a trust. The funded ratio (assets over liabilities) was 84 percent. Assets are evaluated at their fair value, and liabilities are measured as the Projected Benefit Obligation, discounted with high-quality corporate bonds rates. The two amounts are estimated in full compliance with the US accounting standards (ASC 715). World Bank member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries’ ministers of finance or ministers of development. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Financial assistance Group and the International Monetary Fund. The governors delegate specific duties to 25 G4-EC4 received from executive directors, who work onsite at the Bank. The five largest shareholders appoint Partial government an executive director, while other member countries are represented by elected executive directors. Member contributions: IBRD has a diversified shareholder base that supports IBRD’s financial strength through both paid-in and callable capital. Callable capital may be called only when required to meet obligations of IBRD for funds borrowed or on loans 27 120 guaranteed by it. For capital contributed by a member country, see Financial Statements, http://www.worldbank.org/financialresults. Trust funds: Generally accounted for separately from the Bank’s own resources, trust funds are financial and administrative arrangements with external donors that lead to grant funding of high-priority development needs, such as technical assistance, advisory services, debt relief, post-conflict transition, and co-financing. Taxes: As an organization established by international treaty, the World Bank receives tax-exempt status from its member countries. The World Bank is a vital source of financial and technical assistance for developing countries around the world. It is not a bank in the ordinary sense, but a unique partnership formed to reduce poverty and support development. The Bank supports a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The Bank has established ambitious but achievable goals to galvanize international and national efforts: to end extreme poverty— G4-DMA reducing the share of the global population living in extreme poverty to 3 percent by the year 2030—and to promote shared prosperity— increasing the income of the bottom 40 percent of the population. Both of these goals must be met in a sustainable manner. The World Bank Corporate Scorecard measures the progress on these goals. It reports key sectoral and multi-sectoral results achieved by clients with the support of the World Bank Group. Infrastructure development—in the energy, water, transport, and information and communication technology sectors—is critical to creating growth opportunities and to reducing poverty. The World Bank aims to help governments make informed decisions Development and about improving access to and the quality of infrastructure services, which can include, impact of infrastructure where appropriate, using public–private partnerships. G4-EC7 Full investments and services supported For more information about the infrastructure projects financed by the World Bank, see pages 14-17 of the World Bank Annual Report 2016: http://www.worldbank.org/en/about/annual-report. 28 121 Equitable policies and institutions help every country’s poorest people to benefit from economic growth. The World Bank supports policymakers to reach well-informed, evidence-based decisions that promote equity and inclusion, sustainable macroeconomics, public sector transparency and efficiency, productivity, and financial sector deepening and stability—all foundational elements for reducing poverty and promoting inclusive growth. The Bank pursues its principal goals by providing loans, Significant indirect expertise on development-related disciplines, risk management products, and by economic impacts, coordinating responses to regional and global challenges. The Bank’s financial resources G4-EC8 are significant, but equally valuable is its knowledge. The Bank’s scale, range, and Full including the extent of impacts diversity lie at the core of its specialized role as a key contributor to global development knowledge. For a breakdown of the fiscal 2016 portfolio by theme, sector, and region, see "The Roles and Resources of the World Bank," on pages 56–61 of the World Bank Annual Report 2016: http://www.worldbank.org/en/about/annual-report. See the Corporate Scorecard for the Bank’s overall performance in the context of development results. Countries rely on healthy ecosystems and biodiversity to survive, grow enough food, and make a living. But the world is experiencing a dramatic loss of biodiversity, which negatively affects livelihoods, clean water supply, food security, and resilience to environmental disasters. This situation particularly affects the 78 percent of the world’s poor who live in rural areas and often rely on ecosystems to support themselves. The World Bank works with countries around the world to conserve and sustainably use biodiversity. With a portfolio of 241 projects worth $1.24 billion in the 10 years from fiscal 2006–2016, the World Bank is one of the largest international financiers of biodiversity G4-DMA conservation and sustainable use. The World Bank helps countries put policies in place so that biodiversity is valued as a key driver of sustainable development. It works with clients to improve their administration to better conserve and sustainably use their biodiversity. The Bank invests in aspects of biodiversity services—such as watershed management and protected areas—that help countries achieve their development goals. The World Bank also helps countries find ways to generate revenues from biodiversity, such as tourism income, while fighting wildlife crime, as well. Biodiversity projects range from establishing and strengthening terrestrial, freshwater, and marine protected areas to eradicating invasive alien species, to improving biodiversity management planning in the production landscape. 29 122 Wherever feasible, Bank-financed projects are sited on already converted lands in order to preserve critical natural habitats. The World Bank does not support projects that involve the significant conversion or degradation of critical natural habitats unless there are no feasible alternatives for the project and its siting, and comprehensive analysis demonstrates that overall benefits from the project substantially outweigh the environmental costs. If the environmental assessment indicates that a project would significantly convert or degrade natural habitats, the project takes mitigation measures, including minimizing habitat loss, and establishing and maintaining an ecologically similar protected area. In deciding whether to support a project with potential adverse impacts on a natural habitat, the Bank takes into account the borrower's ability to implement the appropriate conservation and mitigation measures. A 2013 review of the Bank’s portfolio in the Forest Sector by the Independent Evaluation Group (IEG) found that protected area projects— which constitute just under half (100 projects by count) of the total forest portfolio—have largely been successful in setting up critical conservation areas and building their management capacity, but that the poverty impact of the Bank’s forest interventions could be strengthened. In response, the World Bank Group developed a Forest Action Plan for fiscal 2016–2020 that aims to boost the potential of forests to lift people out of poverty and generate lasting social, economic, and environmental returns in developing countries. It identifies two focus areas for our engagement for the next five years: sustainable forest management and forest-smart interventions in other sectors. These areas are supported by three themes to strengthen the foundations for positive forest outcomes: climate change and resilience, rights and participation, and institutions and governance. The World Bank’s work toward protecting biodiversity includes establishing and expanding protected area systems. For example, the Amazon Region Protected Areas program (ARPA) in Brazil has helped protect around 60 million hectares of rainforest. A study published by the US National Academy of Sciences credits ARPA with a 37 percent decrease in deforestation between 2004 and 2009. The Bank is also applying the lessons learned from this experience into a new project in Brazil that aims to triple the marine area under protection while directly benefiting 800,000 people. Similar to the Habitats protected or ARPA program, the integrated protected areas component of the newly established G4-EN13 Full restored Amazon Sustainable Landscapes program aims to increase the area of globally significant forest ecosystems in new protected areas while also addressing the needs of forest-dwelling communities. In addition, the Coastal & Biodiversity Management project in Guinea-Bissau helped establish the autonomous Institute for Biodiversity and Protected Areas to manage the country’s network of protected areas and endangered species. The project helped conserve 480,000 hectares of its coastal zone (13 percent of the territory), together with local communities. These protected areas are considered national assets and are intended to form the backbone of a future tourism industry. 30 123 The Bank supports the protection, maintenance, and rehabilitation of natural habitats and their functions in its advisory work, project financing, and policy dialogue. From fiscal 2006–2016, 92 projects supported habitat protected or restored areas, with a geographic emphasis on the Latin America and the Caribbean region (LCR) and Africa (33 projects in LCR and 31 in Africa), 17 in East Asia and the Pacific, six in Eastern and Central Asia, two in Middle East and North Africa, and three in South Asia. Habitat restoration was supported through five projects (two in Africa, one in East and Central Asia, and two in LCR). Global and regional partnerships play an important role in promoting biodiversity conservation: -- The Bank is the lead agency of the Global Partnership on Wildlife Conservation and Crime Prevention for Sustainable Development, a $90 million grant program by the Global Environment Facility (GEF), launched in 2015. The program focuses on designing and implementing national strategies to help countries secure their wildlife resources, habitats, and the benefits they derive from them while also reducing poaching and illegal wildlife trafficking. --The International Consortium on Combating Wildlife Crime (ICCWC), launched in 2010, brings together Interpol, the Convention on International Trade in Endangered Species of Wild Fauna and Flora Secretariat, World Customs Organization, the UN Office on Drugs and Crime, and the World Bank to promote effective law enforcement nationally and internationally in order to prevent forest and wildlife crime. ICCWC also supports sustainable development and equitable benefit-sharing of the proceeds from sustainable natural resource management. -- The Amazon Sustainable Landscapes Program is a five-year regional program spanning Brazil, Colombia, and Peru that was designed to conserve the Amazon Forest through an integrated approach that incorporates sustainable land use, protected areas management, and the restoration of vegetation cover. The total amount of investment is estimated at over $600 million, including GEF grant, donor, and counterpart funds. The program was approved in 2015 by the GEF Council, and is the collaborative effort of the World Bank, as the lead agency, the World Wildlife Fund, and the United Nations Development Programme. For more information on the Bank’s work on biodiversity, see http://www.worldbank.org/en/topic/environment/brief/biodiversity. 31 124 The World Bank is committed to its goals of eliminating extreme poverty and boosting shared prosperity in a sustainable manner. Poverty, as the Bank recognizes it, encompasses lack of opportunities (including capabilities), lack of voice and representation, and vulnerability to shocks. Grievance redress mechanisms (GRMs) are crucial for managing risk in the Bank ’s portfolio. GRMs create opportunities to resolve disputes before they escalate by offering a channel for citizens to express concerns, comments, and complaints. Beyond their benefits to citizens, GRMs can help the Bank and clients improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability. The Bank promotes human rights principles through the projects it supports, for example, improving poor people’s access to health services, education, food, and water. Moreover, the Bank promotes the participation of project-affected people, including Indigenous Peoples, in decision making and participation; helps strengthen the accountability and transparency of governments to their citizens; and supports justice reform and fighting corruption. Although development projects are intended to bring about positive change, their implementation involves risks, and people or the environment can be adversely impacted. The Bank has policies to help avoid such unintended outcomes, but some problems may remain unrecognized or unaddressed. In such circumstances, citizens should speak out to G4-DMA bring attention to these problems. This can be done either through project-level GRMs or the Bank’s corporate-level Grievance Redress Service (GRS), which was established in January 2015 to field complaints that could not be addressed at the country level. This mechanism complements borrowers’ project-level grievance mechanism (where they exist) and the Board’s Inspection Panel. The Environmental and Social Standards Advisory Team leads the Bank’s corporate work on grievance redress. GRS provides a consistent and systematic approach to the handling of complaints and conflict resolution across all IBRD/IDA operations. The work involves a number of the Bank’s major initiatives, in particular, work on risk, results, and beneficiary feedback. The Global Review of Grievance Redress Mechanisms found that half of all Bank projects featured a GRM in project-design documents. However, new research shows implementation challenges. A major focus for the Bank in the future will be to further integrate grievance redress in all projects, increase support for implementation, and enhance collection and monitoring of grievances received and resolved across the project’s portfolio. For more information on GRMs, see http://www.worldbank.org/en/projects-operations/products-and-services/grievance-redress-service. Number of grievances about environmental impacts filed, Data for this indicator are not available. Systems are being established to capture the G4-EN34 addressed, and Partial data in a more comprehensive manner. resolved through formal grievance mechanisms 32 125 The World Bank significantly promotes human rights principles in a range of areas, including: (1) improving poor people’s access to health services, education, food, and water; (2) promoting the participation of project-affected communities, including Indigenous Peoples, in decision making; (3) strengthening the accountability and transparency of governments to their citizens; and (4) supporting justice reform and fighting corruption. Thus, the Bank’s role is facilitative, helping its members realize their human rights obligations. The Bank screens each project proposed for financing to determine the appropriate extent and type of environmental and social analysis to be undertaken during project preparation, and whether the project may involve the application of additional safeguard policies. Policies that may be triggered include: OP/BP 4.01, Environmental Assessment; OP/BP 4.04, Natural Habitats; OP 4.09, Pest Management; OP/BP 4.10, Indigenous Peoples; OP/BP 4.11, Physical Cultural Resources; OP/BP 4.12, Involuntary Resettlement; OP 4.36, Forests; and OP/BP 4.37, Safety of Dams. In addition, the Bank recognizes that gender issues are an important dimension of its poverty reduction, economic growth, human wellbeing, and development effectiveness agenda. OP/BP 4.20 establishes a country-level, strategic approach to mainstreaming gender issues in Bank work. For more information on gender issues, see: http://www.worldbank.org/en/topic/gender. G4-DMA The Bank classifies each proposed project into one of four categories (A, B, C, or FI) depending on the type, location, sensitivity, and scale of the project and the nature and magnitude of its potential environmental impacts. The borrower is responsible for any assessment required by the safeguard policies, with Bank staff providing advice on the application of the policies. Depending on the type of project and its safeguard policy category, the Bank project design incorporates such issues as public consultation, environmental and social assessments, Indigenous Peoples’ plans, and resettlement frameworks and/or resettlement action plans. Compliance with these policies forms part of the legal agreements for grants and loans. In October 2012, the World Bank launched a review and update of its policies to protect people and the environment in its projects. The World Bank’s environmental and social safeguard policies contribute to sustainability and development effectiveness in Bank projects and programs by helping to avoid or mitigate harm to people and the environment. The new Environmental and Social Framework was approved by the Board of Executive Directors (EDs) on August 4, 2016, and the bank-wide implementation is currently under preparation. For updates, see http://consultations.worldbank.org/consultation/review-and-update-world-bank-safeguard-policies. Total number and percentage of One hundred percent of the 350 proposed projects were appraised in accordance with significant investment requirements per the World Bank’s policies to protect the environment and humans G4-HR1 Partial agreements and potentially affected by Bank-supported projects. Safeguard impacts are referenced in the contracts that include legal agreement and therefore are part of the contract with the borrower. human rights clauses 33 126 or that underwent The Bank screens each proposed project to determine the appropriate extent and type of human rights screening environmental and social analysis to be undertaken during project preparation and whether the project may involve the application of additional safeguard policies. World Bank environmental and social safeguard policies are a cornerstone of our support to sustainable development and poverty reduction. The objective of these policies is to prevent and mitigate undue harm to people and their environment in the development process. In fiscal 2016, 126 hours (21 sessions) of training of safeguard policies were Total hours of delivered to 600 staff members in Washington, DC. In fiscal 2015, 144 hours (24 employee training on sessions) of training on Bank safeguard policies were delivered to 500 staff members in human rights policies Washington, DC. In fiscal 2014, 180 hours (30 sessions) on Bank safeguard policies or procedures were delivered to 750 staff members in Washington, DC. In addition, various regional concerning aspects of offices hosted training workshops (which are not included in these totals). G4-HR2 Partial human rights that are In 2009, the World Bank launched a knowledge and learning program on human rights— relevant to operations, the Nordic Trust Fund—with the objective to help staff better understand how human including the rights relate to the Bank’s analytic and operational work. The multiyear, multi-donor trust percentage of fund also features an internal grant program in which Bank teams receive technical and employees trained financial support to explore the role of human rights in their particular project or task. The program was extended until 2019. For more information, see The Nordic Trust Fund-A Knowledge and Learning Program for World Bank Staff on Human Rights. Total number of In fiscal 2016, the Office of Ethics and Business Conduct (EBC) handled eight incidents of allegations of discrimination, compared to four in fiscal 2015. Four allegations are still G4-HR3 discrimination and Full active cases under investigation, while four allegations were closed in fiscal 2016 as not corrective actions taken substantiated, and no action was required. The World Bank recognizes that child labor is one of the most devastating consequences of persistent poverty. All standard World Bank bidding documents contain a clause prohibiting the use of child or forced labor in contracts financed under any World Bank projects. Staff in G4-DMA Bank-supported operations are required to assess social issues such as child labor within the environmental and social aspects of the projects and develop specific measures that would be implemented in the course of the project to mitigate the risk. 34 127 In fiscal 2016, the World Bank continued to ensure that at-risk projects in Uzbekistan include measures to prevent the occurrence of child or forced labor by beneficiaries of Bank-supported projects. The Bank led the policy dialogue aimed at transforming the cotton sector with the Government of Uzbekistan. Legal requirements, included in the financing agreements and project documents of all at-risk projects, extending also to the two projects approved in fiscal 2016, include: (1) government compliance with national legislation that prohibits the use of child or forced labor; (2) implementation of a third- Operations and party monitoring and feedback mechanism that focuses on child or forced labor issues in suppliers identified as connection with the project activities or within the project area; (3) the full collaboration of having significant risk local authorities with the monitoring third party and the commitment that actions to for incidents of child ensure compliance will be taken promptly; and (4) training, awareness, and outreach G4-HR5 activities about labor legislation and the regulations against child or forced labor. Full labor, and measures taken to contribute to the effective abolition For more information, see “Third Party Monitoring of the use of child labor and forced of child labor labor during the Uzbekistan 2015 Cotton Harvest: An assessment submitted to the World Bank by the International Labour Office,” November 2015: http://pubdocs.worldbank.org/en/307241448038866033/Uzbek-2015-TPM-Report- 20112015.pdf; and “Q&A on the World Bank’s Agriculture Sector Policy in Uzbekistan in the Context of Child and Forced Labor Concerns,” last updated April 2016: http://www.worldbank.org/en/country/uzbekistan/brief/q-a-world-bank-agriculture-sector- policy-in-uzbekistan-in-the-context-of-child-and-forced-labor-concerns. Central to the Bank’s mission of reducing poverty and promoting sustainable development is ensuring that the development proc ess fully respects the dignity, human rights, economies, and cultures of Indigenous Peoples. The Bank recognizes that the identities and cultures of Indigenous Peoples are inextricably linked to the lands on which they live and the natural resources on which they depend. These distinct circumstances expose Indigenous Peoples to different types of risks and levels of impacts from development projects, including loss of G4-DMA identity, culture, and customary livelihoods. Gender and intergenerational issues among Indigenous Peoples also are complex. As social groups with identities that are often distinct from dominant groups in their national societies, Indigenous Peoples are frequently among the most marginalized and vulnerable segments of the population. As a result, their economic, social, and legal status often limits their capacity to defend their interests in and rights to lands, territories, and other productive resources, or restricts their ability to participate in and benefit 35 128 from development. At the same time, the Bank recognizes that Indigenous Peoples play a vital role in sustainable development and that their rights are increasingly being addressed under both domestic and international law. The World Bank policy on Indigenous Peoples, OP/BP 4.10, Indigenous Peoples, underscores the need for borrowers and Bank staff to identify Indigenous Peoples, consult with them, and ensure that they participate in and benefit from Bank-funded operations in a culturally appropriate way. It also emphasizes that adverse impacts on them are avoided or, where not feasible, minimized or mitigated. For all projects that are proposed for Bank financing and involve Indigenous Peoples, the Bank requires the borrower to engage in a process of free, prior, and informed consultation. The Bank provides project financing only where there is broad community support to the project by the affected Indigenous Peoples. In August 2016, the World Bank Board of Executive Directors approved a new Environmental and Social Framework for protecting people and the environment in World Bank-financed investment projects, marking the end of a four-year review process that concluded in fiscal 2016. This was the most extensive consultation the World Bank has ever had. The World Bank now begins an intensive preparation and training period (12–18 months) to prepare for the transition to the new framework. The new framework advances the Bank’s existing Indigenous Peoples policy by including Free, Prior, and Informed Consent (FPIC), and by addressing peoples in voluntary isolation, and pastoralists. This provision is well harmonized with those of other International Financial Institutions. The safeguards review included a Global Dialogue and Engagement process with Indigenous Peoples that sought to incorporate Indigenous Peoples in the review and update of the World Bank’s Environmental and Social Framework, as well as to strengthen World Bank support to and engagement with Indigenous Peoples, more generally. The consultations on the framework included a number of dedicated Indigenous Peoples dialogue sessions, which yielded important results in terms of participation, information gathered, and the beginning of a renewed and stronger relationship with Indigenous Peoples. For more information, see http://www.worldbank.org/indigenouspeoples. For more information on the safeguards review process, see https://consultations.worldbank.org/consultation/review-and-update-world- bank-safeguard-policies. In fiscal 2016, two projects were processed under the pilot approach for early solutions. Total number of Paraguay: Sustainable Agriculture and Rural Development Project was closed in March, incidents of violations and Kenya: Electric Expansion Project was investigated and is under review. G4-HR8 involving rights of Full For more information, see case updates on Inspection Panel website Indigenous Peoples http://www.worldbank.org/inspectionpanel. and actions taken 36 129 Over the past decade, the World Bank has increasingly focused on lending to community-driven development (CDD) programs in order to let communities lead their own development. This process lets communities identify their own development priorities, design the relevant G4-DMA response, manage project funds, hire contractors, and on completion of construction, manage and sustain the project. Over the past 10 years, the volume of lending for community-driven investments has ranged from 5 percent to 10 percent of overall annual Bank lending, and the active CDD portfolio (as of December 2015) stands at more than $17 billion, across 178 projects in 72 countries, worldwide. Percentage of By definition, 100 percent of community-driven development (CDD) programs “implement operations with local community engagement,” as these programs apply, as a core operating principle, implemented local community consultation and participation in development planning and implementation, G4-SO1 community and in most cases, in controlling development resources. A limited but growing number Full engagement, impact of the portfolio of ongoing or recently closed CDD operations undertake robust impact assessments, and evaluations. Summary findings are indicated above. development programs As each of the proposed projects is screened, it is classified into one of four categories (A, B, C, or FI) depending on the type, location, sensitivity, and EA Category FY14 FY15 FY16 scale of the project, and the nature Category A 47 43 39 and magnitude of its potential impacts. Category B 284 277 209 Operations with The borrowing country government Category C 179 135 95 significant actual and is responsible for any FI 8 9 7 G4-SO2 potential negative assessments required by the Full impacts on local safeguard policies; World Bank Total 518 464 350 communities staff members provide general advice. The Legal Department monitors compliance with policies that involve international law, such as those for international waterways and disputed areas. In fiscal 2016, a total of 350 projects were screened: 39 were classified as Category A, 209 as Category B, 95 as category C, and 7 as FI. For more information on the Bank project cycle, see http://www.worldbank.org/projects. 37 130 Critical to the World Bank’s mission is a well-functioning public sector that delivers quality public services consistent with citizen preferences and fosters private, market-led growth, while managing its fiscal resources in a prudent manner. Bank operations across sectors systematically incorporate governance and anticorruption measures into project design. The objective is to better manage corruption and fiduciary risks and ensure that development funds are used for their intended purposes. The World Bank Group has an encompassing Governance and Anti-Corruption Strategy that imbues all its activities. The Integrity Vice Presidency (INT) is an independent unit within the Bank Group that plays an important role in this respect. INT investigates allegations of fraud and corruption in World Bank-supported activities (external investigations), as well as allegations of significant fraud and corruption G4-DMA involving Bank staff and vendors (internal investigations). The resulting debarments of firms and individuals prevent these parties from participating in future Bank-financed projects and serve as a deterrent to other potential wrongdoers. INT helps client countries through its joint investigations and forensic reviews, the investigative findings it refers to national authorities, and by sharing its insights with relevant ministries to help bolster their business systems and administration. INT also works with the private sector and NGOs through its Integrity Compliance Office to institute integrity compliance programs that sanctioned entities must satisfy in order to be released from sanction. By combining investigations with an enhanced focus on compliance, detection of red flags, and building preventive measures in projects, INT promotes a proactive approach to managing fraud and corruption risks. It is vital to manage these risks in an efficient and effective manner, as they can impact development resources, particularly in fragile contexts and high-risk sectors. In fiscal 2016, the Integrity Vice Presidency (INT) opened 64 investigations into possible fraud and corruption in 60 Bank-financed projects in 36 countries. The investigations substantiated in fiscal 2016 involved 43 projects and included the review of 124 contracts and agreements totaling approximately $633 million. In total, 87 investigations were Total number and closed (compared to 81 in fiscal 2015). More than half (53 percent) of these were closed percentage of within 12 months and 85 percent were closed within 18 months. Also, 54 of the closed operations assessed cases were substantiated, 32 were unsubstantiated, and one was unfounded. Cases are G4-SO3 for risks related to Full considered closed once the Final Investigative Report has been submitted to Bank corruption and the Operations staff. significant risks INT reported 59 projects with integrity disclosures—the so-called Volcker Trigger. The identified Volcker Trigger is a requirement to disclose to the Board any ongoing investigation or recently substantiated case (within the past two years) in a predecessor or related project for any new operation. Such disclosure is made in the Memorandum of the President to the Executive Board. 38 131 Within INT, the Preventive Services Unit (PSU) worked with many Task Teams across the World Bank Group’s six regions in fiscal 2016. PSU assisted 23 Task Teams in building precautions against the high levels of potential fraud and corruption risks in their projects. This engagement included training of project officials and Task Teams in- country. Thanks to PSU’s business intelligence, integrity risks were identified before they had materialized and allowed for instituting targeted controls. Training was provided to Bank staff as well as project implementation officials, including Communication and on lessons learned from investigative work and early detection of red flags in projects. In training on G4-SO4 fiscal 2016, more than 2,000 World Bank staff and Project Implementation Unit officials Partial anticorruption policies attended training programs covering integrity issues. These trainings were conducted and procedures both in Washington, DC, and in the field. The World Bank has two goals: to eliminate extreme poverty and boost shared prosperity in a sustainable manner. Poverty, as the Bank recognizes it, encompasses lack of opportunities (including capabilities), lack of voice and representation, and vulnerability to shocks. Grievance redress mechanisms (GRMs) are crucial for managing risk in the Bank’s portfolio. GRMs create opportunities to resol ve disputes before they escalate by offering a channel for citizens to express concerns, comments, and complaints. Beyond their benefits to citizens, GRMs can help the Bank and clients improve project outcomes, prioritize supervision, identify systemic issues, and promote accountability. The Bank promotes human rights principles through the projects it supports, for example, improving poor people’s access to health services, education, food, and water. Moreover, the Bank promotes the participation of project-affected people, including Indigenous Peoples, in decision-making and participation; helps strengthen the accountability and transparency of governments to their citizens; and supports justice reform and fighting corruption. Although development projects are intended to bring about positive change, their G4-DMA implementation involves risks, and people or the environment can be adversely impacted. The Bank has policies to help avoid such unintended outcomes, but some problems may remain unrecognized or unaddressed. In such circumstances, citizens need to speak out to bring attention to these problems. This can be done either through project-level Grievance Redress Mechanisms or the Bank’s corporate- level Grievance Redress Service (GRS), which was established in January 2015 to field complaints that could not be addressed at the country level. This mechanism complements the borrower’s project-level grievance mechanism (where they exist), and the Board’s Inspection Panel. OPCS leads the Bank’s corporate work on grievance redress. The GRS provides a consistent and systematic approach to the handling of complaints and conflict resolution across all IBRD/IDA operations. The work involves a number of the Bank ’s major initiatives, in particular, work on risk, results, and beneficiary feedback. 39 132 The Global Review of Grievance Redress Mechanisms found that half of all Bank projects featured a GRM in project-design documents. However, new research shows implementation challenges. A major focus for the Bank in the future will be to further integrate grievance redress in all projects, increase support for implementation, and enhance collection and monitoring of grievances received and resolved across the project portfolio. For more information on GRMs, see http://www.worldbank.org/en/projects-operations/products-and-services/grievance-redress-service. Number of grievances about impacts on society filed, Data for this indicator is not available. Systems are being established to better capture G4-SO11 addressed, and Partial the data from project level GRMs. resolved through formal grievance mechanisms The World Bank supports a wide array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Bank stakeholders look to the institution, as a lending facility, to have policies and procedures in place that assess and screen environmental and social risks in its lending portfolio. The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense, but a unique partnership to reduce poverty and support development. In 2013, the World Bank adopted a new World Bank Group Strategy focused on aligning all of the institutions’ work with the twin goals of eliminating extreme poverty and boosting shared prosperity in a sustainable manner. The two goals are now at the heart of the World Bank Group’s work. The World Bank Group Corporate Scorecard was developed to monitor implementation and aggregate the contributions of G4-DMA all the World Bank Group institutions. On a day-to-day basis, in close partnership with country government counterparts and their stakeholders, Bank staff members shape the role, financial products, and technical and advisory services to the unique development needs and capacities of each country client. Thus, interactions with clients, investees, and business partners regarding environmental and social risks and opportunities form the foundation of the Bank’s advisory and loan services. The Bank’s environmental and social safeguard policies are the cornerstones of the financial, technical, and advisory services, and are applied to prevent and mitigate impacts and risks to people and their environment in the development process. In October 2012, the World Bank launched a review and update of its policies to protect people and the environment in its projects. The World Bank’s environmental and social safeguard policies contribute to sustainability and development ef fectiveness in Bank projects and programs by helping to avoid or mitigate harm to people and the environment. The new Environmental and Social 40 133 Framework was approved by the Board of Executive Directors (EDs) on August 4, 2016, and the bank-wide implementation is currently under preparation. The World Bank’s environmental and social safeguard policies embody the institution’s commitment to sustainable development and poverty reduction. There are 10 safeguard policies: environmental assessment, natural habitats, forests, pest management, physical cultural resources, dam safety, Indigenous Peoples, involuntary resettlement, international waterways, and disputed areas. These policies aim to prevent and mitigate possible adverse impacts on people and their Policies with specific environment in the development process. These policies provide a mandatory framework environmental and for Bank and borrower staffs in the identification, preparation, and implementation of FS1 social components Full Bank-supported investment programs and projects. The effectiveness and development applied to business impact of projects and programs supported by the Bank has substantially increased as a lines result of attention to these policies. Safeguard policies have often provided a platform for the participation of stakeholders in project design, and have been an important instrument for building ownership among local populations. All safeguard policies have been approved by the Board of Directors. For more information on key risks, opportunities, and impacts that the individual policies address, see Bank Safeguard Policies. The Bank undertakes the screening of each proposed project to determine the appropriate extent and type of environmental and social analysis. This includes the use of environmental and social impact assessments, conducted during project preparation to establish whether the project may involve the application of additional safeguard Procedures for policies. The Bank classifies the proposed project into one of four categories (A, B, C, or assessing and FI) depending on the type, location, sensitivity, and scale of the project and the nature screening and magnitude of its potential environmental impacts. The borrower is responsible for FS2 Full environmental and any assessment required by the safeguard policies, with general advice provided by social risks in business Bank staff. lines In general, a World Bank environmental and social specialist is assigned to each project with the potential to have environmental and social impact or risk in its design and planning stage. A practice manager, who is responsible for a number of projects, most often in sector and regional associations, manages this process. As the project moves through design, the Bank works with the clients to understand the technical features of 41 134 each project, and in partnership with borrowers, works to develop approaches for addressing these impacts as risks, as required by the suite of World Bank safeguard policies. For category A and B projects, there is also involvement by the Regional Safeguard Advisor. Higher-risk projects require a series of “safeguard” instruments to identify and explain how the borrower will mitigate any identified risks and potential adverse impacts. Depending on the size and nature of the operation several quality control and review committees meet to authorize the project’s processing, such as the Regional Operational Committee, or the Operations Committee chaired by the Managing Director. Finally, the Board of Directors must approve all projects, and those approvals also require submission or summaries of any environmental assessment and social safeguard documents. For more information on procedures for assessing and screening environmental and social risks, see Bank Safeguard Policies. The Bank uses its Implementation Status and Supervision Reports to track safeguards implementation. Monitoring of clients’ compliance with implementing the environmental and social requirements included in the loan agreement of a specific project is part of regular project supervision. Supervision missions of projects are carried out at a minimum twice a year, or more frequently as determined on a project-specific basis, and include staff with Processes for appropriate environmental and social expertise. For more complex projects, staff monitoring clients’ members from the regional safeguards units are included. The Safeguards Team within implementation of and the Bank’s Standards, Procurement and Financial Management Unit supports the compliance with FS3 regions and assures that the Bank’s safeguards are applied in a uniform manner across Full environmental and regions. Provisions for grievance mechanisms by which stakeholders can bring concerns social requirements forward provide an additional source of information for possible problems with project included in agreements implementation. or transactions Bank environmental and social specialists work with the project Task Team and borrowers to identify noncompliance issues and provide advice for bringing projects into compliance. Remedies are also available, if necessary. During project supervision, both environmental and social specialists undertake project site visits and consult with numerous stakeholders. When safeguard issues of concern are encountered, the Bank engages in discussions with the borrower to arrive at mutually 42 135 agreed courses of action that are both time bound and identify responsible parties. These actions are documented in the Aide Mémoire and regularly in technical back-to- office reports. The World Bank is carrying out a range of regular programs as well as tailored trainings for staff and borrowers on the application of its safeguards policies, best practices, case studies, and lessons learned. The safeguards team offers weekly workshops on applying safeguard policies, and each regional vice presidency offers trainings on safeguard policies. In addition, an accreditation course has been established for environmental specialists advising teams on environmental safeguards during project preparation and supervision. The purpose of accreditation is to ensure that the Bank’s environmental safeguard policies are consistently applied during project preparation and supervision, and to confirm broader environmental expertise by the accredited staff. A similar accreditation course has been established for social safeguard staff. Processes for Safeguards Training Modules introduce the basic concepts of safeguards and also improving staff contain specific case studies and operational examples to provide richer understanding competency to of how safeguards are applied. A unique safeguards e-learning module is provided for all implement the Task Team Leaders. FS4 Full environmental and Each regional safeguards unit also conducts a series of demand-driven safeguards social policies and training across various themes and for different staff audiences. These include “just in procedures as applied time” clinics, brown bag seminars, and face-to-face safeguards clinics on topics such as to business lines use of frameworks, voluntary land donation, developing environmental contract clauses for EMPs, and resettlement workshops. These training sessions are provided both in central regional locations for multiple attendees and in specific countries for country staff. Newer delivery tools have also included webinars. Special manager safeguards trainings have been completed as well. Several regions also conduct safeguards trainings and share experiences across other international financial institution partners. All staff who take the Bank Core Curriculum Course are required to take the Safeguards Training Modules. Additional mentoring and partnerships across Bank safeguards staff is available as needed. 43 136 The World Bank is a development institution, providing low- or no-interest loans (credits) and grants to low-income countries, middle-income countries, and small and fragile states. Working closely with country government counterparts and their stakeholders, Bank staff members shape its role, financial products, and technical and advisory services to the unique development needs and capacities of each country client. Thus, interactions with clients, investees, and business partners regarding environmental and social risks and opportunities form the foundation of the Bank’s advisory and loan services. All regional safeguards units conduct various client safeguard capacity-building processes. Many projects use the project kickoff meeting to review the agreements and provisions for safeguards with formal and informal trainings. In many countries, the government project implementation unit attends special safeguards training organized by Interactions with the Bank safeguards staff. clients, investees, or When particular safeguards issues of concern appear common, the Bank may undertake business partners a targeted review of a regional or sectoral project portfolio. In certain cases, one or FS5 regarding several environmental and social safeguards specialists undertake a country visit and Full environmental and conduct site visits with safeguards training to help improve safeguards implementation or social risks and correct past shortcomings. When needed, there are formal face-to-face workshops, opportunities project implementation safeguards training in the field with project stakeholders, consultations by lead safeguards specialists, and rapid-response project visits to deal with high-risk issues of concern. The safeguards implementation reports, the responsibility of the borrower, are bank- required supervision reports summarizing borrower progress on an annual, biannual, or quarterly basis, depending on project safeguards risk. The submission of Environmental Social Impact Assessment and ESMP reports during project implementation is required for Bank review and clearance. The Bank holds regular supervision mission meetings designated for the year and end- of-supervision mission meetings between the Bank and borrowers. There is discussion between Bank safeguards specialists and project implementing safeguards managers or project contract safeguards supervisors and technicians. 44 137 Percentage of the World Bank lending commitments for development support totaled $45.9 billion in fiscal portfolio for business 2016. FS6 Full lines by specific region, For more information, see the World Bank Annual Report 2016, size, and by sector http://www.worldbank.org/en/about/annual-report. Monetary value of World Bank lending can have both social and environmental benefit and is not divided products and services into these categories. Lending totals for IBRD and IDA, broken down by theme and FS7 designed to deliver a sector commitments, are available in the World Bank Annual Report 2016 on pages 62– Full specific social benefit 63. for each business line See http://www.worldbank.org/en/about/annual-report. Monetary value of World Bank lending can have both social and environmental benefit and is not divided products and services into these categories. Lending totals for IBRD and IDA, broken down by theme and designed to deliver a sector commitments, are available in the World Bank Annual Report 2016 on pages 62– FS8 Full specific environmental 63. benefit for each See http://www.worldbank.org/en/about/annual-report. business line Two entities hold responsibilities for assessing and monitoring the Bank Group’s effectiveness: The Internal Audit Vice Presidency (IAD) has an independent and objective assurance advisory function designed to add value by assessing whether governance, risk management, and control processes of the Bank Group are effective in achieving the organization’s goals. IAD also provides advice to management in developing control solutions, and monitors the implementation of management actions to mitigate risks and strengthen controls. See IAD’s annual and quarterly reports: http://www.worldbank.org/en/about/unit/internal-audit-vice-presidency. G4-DMA The Independent Evaluation Group (IEG) is responsible for appraising the World Bank Group operations self-evaluation and development risk-management systems, and attesting to their adequacy to the Board of Executive Directors. To this end, IEG periodically reviews the relevance, effectiveness, and efficacy of key operational policies, such as the environmental and social safeguards framework for Bank Group lending. For more information, see IEG’s website: http://ieg.worldbank.org. 45 138 Coverage and frequency of audits to assess implementation For a summary of Bank accountability systems that assess Bank operational FS9 of environmental and performance, see pages 54-55 of the World Bank Annual Report 2016: Full social policies and risk http://www.worldbank.org/en/about/annual-report. assessment procedures The World Bank values the diversity, health, safety, and security of its staff, who work in Washington, DC, and in 136 countries worldwide. The institution’s diverse workforce brings a wide range of perspectives to bear on poverty-reduction issues and emerging development challenges. It is critical to the effectiveness of the Bank’s core operational and knowledge services. Our staff diversity is a strategic business asset that directly contributes to achievement of our two goals: reducing extreme poverty by 2030 and boosting shared prosperity for the bottom 40 percent of the population in every country. To that end, it is important that the Bank employ the right people in the right place with the right skills at the right time. To deliver on that G4-DMA commitment, the Human Resources (HR) Strategy for fiscal 2014–2016 had five critical components: (1) building a culture of performance and accountability, (2) driving a more effective organization, (3) fostering a more diverse and inclusive workforce, (4) creating career opportunities, and (5) ensuring HR excellence and business-driven delivery. As the Bank retools to increase its delivery and responsiveness to its clients, Human Resources has played a pivotal role in the transition of staff from the previous structure to the Global Practices model, introduced in July 2014. Looking forward, the Bank will continue to ensure full alignment of staffing needs with the World Bank Group strategic priorities. Ratios of standard To recruit and retain highly qualified staff, the World Bank has developed a entry level wage by compensation and benefits system designed to be internationally competitive, to reward gender compared to performance, and to take into account the special needs of a multinational and largely G4-EC5 Partial local minimum wage at expatriate staff. The Executive Directors annually review the staff salary structure and, if significant locations of warranted, the salary structure is adjusted on the basis of a comparison with salaries operation paid by private financial and industrial firms and by representative public sector agencies 46 139 in the US market. The salary structure is reported according to job position for Washington, DC, staff, which comprises more than 60 percent of total staff. For staff in country offices, compensation programs are developed based on local market practices consisting of private sector firms, and representative quasi-public and nonprofit organizations. The grading system and benchmark job positions in country offices follow the same framework as Washington, DC. Globally, World Bank Group salary structures are not disclosed according to gender. Remuneration of executive management, Executive Directors, and staff are disclosed in the World Bank Annual Report 2016. For more information, see www.worldbank.org/en/about/annual-report. In fiscal 2016, four out of 170 managers at the director level and above (professional grade GI+) were locally hired to work within countries where World Bank offices are located. There were only three out of 173 managers at the director level in fiscal 2015. Proportion of senior Out of all 526 managers (professional grade GH+) on board, nationals of countries management hired defined as Part II (roughly equivalent to developing countries) account for 44 percent of from the local G4-EC6 management positions. In fiscal 2015, 42 percent of the 502 managers were nationals of Full community at Part II countries. significant locations of Sub-Saharan African and Caribbean nationals, a criterion used as proxy for race, operation represented 12 percent of management positions in fiscal 2016. This has remained the same since fiscal 2015. For information about the Bank’s career tracks, see www.worldbank.org/jobs. Consumption of materials is minimal in the World Bank’s corporate operations, but nonetheless important. Through investor questionnaires, “materials” has been identified as an important aspect of the Global Reporting Initiative exercise. Key materials include office supplies and electronics purchased to support the work of our staff globally. Reducing the environmental impact of these materials by minimizing consumption and preferring recycled content and rapidly renewable choices ensures resources are G4-DMA available for future generations. The World Bank identifies products and services with large environmental impacts or those of which it procures in large amounts. The World Bank then works to identify environmentally and socially preferable alternatives. Quarterly reports from key suppliers reflect the percentage of products that meet key environmental criteria, such as percentage of recycled content, environmental certifications such as Energy Star ratings and Forest Stewardship Council (FSC) certification, and other sustainable criteria. 47 140 As a development institute, the World Bank does not produce or manufacture any products. The materials we use regularly include office supplies and electronics. The World Bank’s use of nonrenewable materials is as follows: The Bank tracks office electronic purchases for any device that qualifies for the US Environmental Protection Agency's (EPA) Energy Star Program, as well as any battery purchases. In fiscal 2016, the Bank purchased 13.38 tons of such electronics and Materials used by G4-EN1 batteries. In addition, the Bank tracks purchases from its office supplier. In fiscal 2016, Partial weight or volume the Bank purchased 103 metric tons of these products. The World Bank also purchases diesel fuel and natural gas for use in powering our buildings. These materials are reported on in EN3. The World Bank’s use of renewable materials is as follows: The Bank tracks paper purchases of renewable materials. In fiscal 2016, the amount of paper used was 505 tons. The World Bank is committed to using resources that are made from recycled or rapidly renewable materials for its internal operations. The largest material purchases include paper, office supplies, office furniture, cafeteria napkins, and electronics. World Bank standard copier and printer paper is 100 percent post-consumer waste recycled content and FSC certified. The Bank tracks the percentage of all paper used at the institution that was made of recycled content, as well as the percentage of paper used that is 100 percent recycled content. In fiscal 2016, this amount was 62 percent, up from 60 percent in fiscal 2015. Percentage of materials The Bank also tracks the percent by weight of all items purchased from our office supply G4-EN2 used that are recycled Partial vendor that contain at least 10 percent post-consumer recycled content. In fiscal 2016, input materials 22 percent of all purchases from the office supply vendor contained at least 10 percent post-consumer recycled content, compared to 28 percent in fiscal 2014, the last year we tracked such information. This decrease is due to the Bank’s use of a managed print service, which eliminated the use of recycled-content printer cartridges in favor of a centralized service provider. More than 40 percent of our office furniture contains a minimum of 10 percent post- consumer recycled content, and the majority of furniture in use at the World Bank has been refurbished or reupholstered. 48 141 In our food services, all cafeteria napkins are made from 100 percent post-consumer recycled paper and produced with a 100 percent bleach-free process. We also include sustainability criteria within our information technology purchases that ensure components of our computers, laptops, and monitors are made of recycled input materials. Energy is a key input to the World Bank’s business operations. Through investor questionnaires, energy has been identified as an important aspect for the Bank’s business. The purchase and use of energy can have various impacts because of the extraction of materials from the earth’s crust and the production of persistent toxic emissions from the combustion of fuels. Combustion of fossil fuels can have severe health impacts on people. Moreover, the purchase and use of energy affects the expense-to-business revenue ratio. G4-DMA The World Bank manages its energy use carefully by tracking use in each owned facility. Quarterly tracking of the Bank’s energy use is evaluated by the Director of General Services. Energy use is evaluated both as an absolute figure as well as on an intensity basis to determine progress. Responsibility for increasing the energy efficiency of the Washington, DC, campus, with the goal of bringing all owned facilities to Leadership in Energy and Environmental Design (LEED) minimum requirements, falls with the Senior Project Manager in the Bank’s Corporate Real Estate unit. Data from country offices lag by one year; therefore, fiscal 2015 data (including that from HQ) are presented in the 2016 GRI Index. The World Bank purchases natural gas, propane, gasoline, and diesel fuel for combustion onsite. In fiscal 2015, total global fuel use was 99,041 gigajoules (GJ), 92,793 GJ in fiscal 2014, and 90,135 GJ in fiscal 2013. The portion of this fuel consumption from renewable resources is not tracked, because data from fuel providers are not appropriately detailed. Energy consumption G4-EN3 In fiscal 2015, global energy use increased by 3.7 percent. Total global energy use in Full within the organization fiscal 2015 equaled 538,966 GJ. Offices located in the US used 346,526 GJ, compared to 337,744 GJ in fiscal 2014, 344,988 GJ in 2013, and 404,480 GJ in 2012. In fiscal 2015, the Bank’s 129 country offices consumed a total of 192,440 GJ of energy, compared to 181,845 GJ in fiscal 2014, 203,184 GJ in fiscal 2013, and 179,124 GJ in fiscal 2012. 49 142 Energy Consumption (GJ) Fiscal 2015 Fiscal 2014 Fiscal 2013 Total 538,966 519,589 548,172 Electricity 434,087 420,951 425,382 Heating 16,195 18,704 25,167 (including natural gas, propane) Cooling 31 28 48 Steam 5,807 5,817 7,149 The remainder was from diesel and other fuel consumption for energy generation. The World Bank does not sell any electricity, heating, cooling, or steam. Information about World Bank standards, methodologies, and assumptions used, including conversion factors, can be found in the World Bank Group’s Inventory Management Plan for fiscal 2014. For more information, see http://worldbank.org/corporateresponsibility. Energy consumption outside the organization includes fuel used in contractor-owned vehicles as well as commercial airlines used for employee business travel. In fiscal 2015, 18,413 GJ stemmed from contractor vehicles, compared to 21,900 GJ in fiscal 2014 and 14,636 GJ in fiscal 2013. The decrease between fiscal 2014 and 2015 is most likely due to the increase of owned vehicles in some of our 129 country offices. Data for fuel use in Energy consumption commercial airliners are not available. G4-EN4 outside of the Information regarding World Bank standards, methodologies, and assumptions used, Full organization including conversion factors, can be found in the World Bank Group’s Inventory Management Plan for fiscal 2014. For more information, see http://www.worldbank.org/corporateresponsibility. 50 143 Energy intensity remained relatively the same in fiscal 2015, with the World Bank using 0.90 GJ of energy per square meter as compared to 0.88 GJ per square meter in fiscal 2014 and 0.95 GJ of energy per square meter in fiscal 2013. G4-EN5 Energy intensity Full This is based on 596,562 total square meters in fiscal 2015 and 548,795 total square meters in fiscal 2014. This ratio includes all energy (onsite combustion fuel, electricity, heating, cooling, and steam) except for energy consumption outside of the organization. In fiscal 2015, the Bank undertook efficiency measures that reduced its energy consumption by 4,683 GJ, predominately through reductions in heating and electricity use. An intensive retro-commissioning effort in one of the Bank’s Washington, DC, buildings resulted in a 25 percent reduction in gas consumption and a 13 percent reduction in electricity, enough to raise the Energy Star score from 59 to 71. The cooling towers were Reduction of energy replaced, resulting in modeled energy savings of 652 GJ per year in the Washington, G4-EN6 DC, main complex. Full consumption A number of projects in our managed and owned country offices, including a series of solar-powered LED lighting upgrades in Nairobi, South Sudan, and Madagascar, led to savings of nearly 600 GJ in fiscal 2016. Reduction reporting is based on major initiatives taken in fiscal 2016. Methodologies and assumptions for calculating reductions are specific to each initiative and are sourced from engineering proposals. Addressing climate change is part of the World Bank’s core mission of helping countries end extreme poverty and boosting shar ed prosperity. Climate change threatens to erode development gains around the world—and its effects will be greatest on the poorest and most vulnerable countries, which are the World Bank’s clients. G4-DMA As a demonstration of its corporate commitment to addressing climate change, the Bank continues to deepen its efforts to measure, reduce, offset, and report its greenhouse gas (GHG) emissions associated with its global internal operations, including its facilities, key meetings, and corporate air travel. The Bank has measured the GHG emissions from its facilities in Washington, DC, since 2005 and globally since 2007. Emissions data are collected and emissions are calculated in accordance with the World Resources Institute and World Business Council for Sustainable Development’s GHG Protocol, with additional information on proxies, emissions factors, and the 51 144 complete boundary available in the annually updated World Bank Group’s Inventory Management Plan. A third party regularly ver ifies the Inventory Management Plan and the GHG inventory to ensure they meet international best practices. In fiscal 2010, the World Bank set a goal of reducing GHG emissions by 10 percent from owned and managed facilities by 2017. As of fiscal 2016, the Bank was on track to meet this goal. We will continue to work toward reducing emissions further and report on our progress at the end of the goal period. Data from country offices lag by one year; therefore, fiscal 2015 data (including that from HQ) are presented in the 2016 GRI Index. The World Bank measures direct GHG emissions for its internal operations based on site-specific data for facilities. Estimates are made for those facilities with missing data. In fiscal 2015, total gross direct (Scope 1) GHG emissions equaled 8,016 mtCO2e, of which 1,009 mtCO2e were emissions from the Bank’s US facilities. The remaining 7,007 mtCO2e stem offices and vehicle use in our 129 country offices. Base-year (fiscal 2010) emissions equal 5,844 mtCO2e. The decrease in Scope 1 emissions was due to a decreased requirement to use generators for blackouts and other electrical outages. Scope 1 emissions Fiscal 2015 Fiscal 2014 Fiscal 2013 Base year (mtCO2e) Fiscal 2010 Direct greenhouse gas Direct greenhouse gas 8,016 9,387 12,094 5,844 emissions G4-EN15 (GHG) emissions Full (Scope 1) US facilities and vehicles 1,009 1,181 1,548 1,615 Country Office facilities 7,007 8,152 10,546 4,228 and vehicles* * The increase in Country Office emissions was due to improved measurement practices. Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the World Bank Group’s Inventory Management Plan for fiscal 2015. For more information, see http://www.worldbank.org/corporateresponsibility. 52 145 The World Bank measures indirect GHG emissions for its internal operations based on site-specific data for facilities. Estimates are made for those facilities with missing data. In fiscal 2015, Scope 2 emissions from the Bank’s global offices continued to reduce, to 49,950 mtCO2e. Scope 2 emissions (mtCO2e) Fiscal 2015 Fiscal 2014 Fiscal 2013 Base year Fiscal 2010 Gross energy indirect 49,950 54,648 55,258 60,546 Energy indirect US 36,268 40,670 40,841 46,756 G4-EN16 greenhouse gas (GHG) Full Country Office* 13,682 13,979 14,417 13,790 emissions (Scope 2) * Includes emissions from purchased steam, chilled water, and d electricity. Information on base-year selection can be found in the Inventory Management Plan. Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the World Bank Group’s Inventory Management Plan for fiscal 2015. For more information, see http://www.worldbank.org/corporateresponsibility. The World Bank measures indirect GHG emissions from air travel taken by Bank employees, as well as delegate air travel and other indirect emissions associated with major meetings that the Bank organizes. In fiscal 2012, the Bank began measuring GHG emissions from contractor-owned vehicles. In fiscal 2015, these emissions totaled approximately 102,518 mtCO2e, slightly increased Other indirect from fiscal 2014 emissions, estimated to be 101,667 mtCO2e. Base-year emissions in G4-EN17 greenhouse gas (GHG) fiscal 2010 equaled 115,545 mtCO2e. Full emissions (Scope 3) Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no known emissions of SF6 or NF3, as detailed in the Inventory Management Plan, and no biogenic CO2 emissions. Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the World Bank Group’s Inventory Management Plan for fiscal 2015. For more information, see http://www.worldbank.org/corporateresponsibility. 53 146 The World Bank measures GHG emissions intensity in two distinct categories. Scope 1 and Scope 2 emissions are normalized per square meter, while Scope 3 emissions, pertaining to employee air travel, are normalized per full-time equivalent (FTE) employee. Emissions scopes Fiscal 2015 Fiscal 2014 Fiscal 2013 Base year Fiscal 2010 Scopes 1 and 2 (mtCO2e 0.097 0.108 0.116 0.107 Greenhouse gas (GHG) G4-EN18 per square meter) Full emissions intensity Scope 3 (mtCO2e per 8.43 8.24 9.5 9.9 FTE) Gases included in the calculation are CO2, CH4, N2O, HFCs, and PFCs. There are no known emissions of SF6 or NF3, as detailed in the Inventory Management Plan. Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the World Bank Group’s Inventory Management Plan for fiscal 2015. For more information, see http://www.worldbank.org/corporateresponsibility. Estimated reduction in CO2, CH4, and N2O emissions from Scope 2 activities totaled 3,000 metric tons, including the projects listed below. An intensive retro-commissioning effort in one of the Bank’s Washington, DC, buildings resulted in a 25 percent reduction of gas consumption and a 13 percent reduction in electricity, with predicted reductions in GHG emissions of nearly 400 mtCO2e per year. The replacement of the cooling towers in the Washington, DC, main complex is predicted Reduction of to reduce GHG emissions by at least 70 mtCO2e per year. G4-EN19 greenhouse gas (GHG) Full The continued project in replacing lighting on the HQ campus with LEDs is projected to emissions reduce emissions by over 2,400 mtCO2e per year. A number of projects in our managed and owned country offices, including a series of solar-powered LED lighting upgrades in Nairobi, South Sudan, and Madagascar, are projected to reduce emissions by around 70 mtCO2e per year. Reduction reporting is based on major initiatives taken in fiscal 2015 as related to achieving reductions from the fiscal 2010 base year. Fiscal 2010 was chosen as the 54 147 base year because it was the first year that confidence for data related to emissions from country offices was high. Methodologies and assumptions for calculating reductions are based on initiative proposals for each reduction project. Emissions of ozone- G4-EN20 depleting substances The World Bank does not produce, import, or export any ozone-depleting substances. Full (ODS) The World Bank views reducing effluent and waste production as a material aspect because of the possible negative environmental impacts, which include the release of persistent toxic chemicals through waste disposed of in landfills or by being incinerated. Bank stakeholders also consider reducing the Bank’s effluent and waste production important. The Bank has worked to reduce the amount of waste sent to landfills through a combination of source reduction, reuse, and recycling. Minimizing the amount of material brought into Bank facilities is the first way it manages the amount of waste created. Avoiding unnecessary packaging for purchased items, including encouraging minimum purchase thresholds for office supplies, is one way the Bank G4-DMA accomplishes this. Another way is by mandating that large purchases from vendors, such as the Bank’s latest computer monitor purchase, be delivered in bulk instead of individually packaged. In fiscal 2016, the Bank continued to pursue efficiencies in the standardization of waste management in its headquarters facilities. The concentration in 2016 was on standardizing bins in all offices, as well as continuing to increase the diversion rate in cafeterias. All offices in Washington, DC, facilities received a standard bin for both landfill and recyclable waste. An evaluation was made of Bank loading docks and other infrastructure to find efficiencies and evaluate the practicality of introducing source-separated recycling. The most recent audit for the cafeterias was not completed in time for the results to be included in this report. The Bank has worked to reduce the amount of waste sent to landfills through a combination of source reduction, reuse, and recycling. See the discussion about Total weight of waste sustainable facilities for details. No hazardous waste is generated by the World Bank. G4-EN23 by type and disposal Full Total nonhazardous waste produced by the Bank’s Washington, DC, offices in fiscal method 2016 was 1,836 metric tons, compared to 1,965 metric tons in fiscal 2015 and 1,913 metric tons in fiscal 2014. 55 148 The information is provided by the waste-disposal contractor and the electronic-waste recycler, subcontracted through the Bank’s PC provider. Weights from roll-off compactors used for landfilled waste and recycling are exact weights to the closest one tenth of a ton. Proxies for estimating composting weight from trashcans are not available, but will be included in future reports. Waste streams (tons) Fiscal 2016 Fiscal 2015 Fiscal 2014 Total nonhazardous waste 1,836 1,965 1,913 in Washington, DC Landfill 786 858 822 Recycling 808 935 1,025 Compost 242 171 148 * Includes paper, bottles and cans, cardboard, toner cartridges, carpet tiles, and electronics. Environmental degradation affects the world’s poor disproportionately and therefore, reducing the Bank’s own corporate environmental impacts is in line with the Bank’s mission of reducing poverty. For internal operations, this means engaging in responsible b usiness G4-DMA practices that reduce negative environmental and social impacts while enhancing the wellbeing of staff, as well as the ecosystems, communities, and economies in which staff operate. The World Bank employs a small team of environmental specialists who work to mainstream sustainability throughout the organization. In fiscal 2016, the World Bank lending for environmental and natural resource- management-themed projects amounted to approximately $3.16 billion, which represents about 7 percent of total lending. In addition, the Bank is currently working with member countries to take action on climate change—helping cities to adopt green-growth Total environmental strategies and develop resilience to climate change, developing climate-smart protection G4-EN31 agricultural practices, finding innovative ways to improve both energy efficiency and the Partial expenditures and performance of renewable energies, and assisting governments to reduce fossil fuel investments by type subsidies and put in place policies that will eventually lead to a stable price on carbon. For more information, see the World Bank Annual Report 2016: http://www.worldbank.org/en/about/annual-report and the Climate Change website: http://worldbank.org/climatechange. 56 149 The World Bank’s internal operations are managed by the General Services Department (GSD), which provides a wide range of integrated services to make the Bank’s internal operations efficient, comfortable, and environmentally sound. The business managers of the Real Estate, Travel, Food Services, Printing and Multimedia, and other units are responsible for incorporating environmental concerns into their work programs. Efforts to manage the environmental impact from their areas are part of the Bank’s operating costs and not quantified separately. The Corporate Responsibility Program supports Bank-wide efforts to integrate environmental and social concerns into the management of day-to-day activities, and communicates with staff, clients, and partners regarding these concerns. The program has an annual budget of $560,000. In addition, the Bank offsets its emissions in two different ways. It purchases Renewable Energy Certificates (RECs) in equal amounts (MWh) to the electricity it consumes globally. Also, the Bank offsets other emissions (Scope 1 and Scope 3) through the purchase of Verified Emissions Reductions (VERs). In fiscal 2015, the Bank maintained carbon neutrality by the purchase of credits totaling $285,000 from a portfolio of projects, including a small-scale hydropower project in Madagascar, a cook stove project in Rwanda, and a combined solar and wind project in India. An additional $185,000 was spent on emissions reduction efforts in country offices. Efforts in fiscal 2016 included upgrading compound and security lighting in many offices to solar-powered LED lighting. The World Bank works to reduce the environmental footprint of its facilities by procuring goods and services that have reduced environmental impacts. The World Bank Corporate Procurement unit is responsible for coordinating and overseeing the sourcing strategy, selection, and contract execution for Bank offices around the globe, including adherence to the Bank’s policies on socially and G4-DMA environmentally responsible corporate procurement policies. Major corporate material purchases (including office construction and renovations, paper, computers, and furniture) are made with environmental life-cycle assessments in mind, and incorporate mandatory environmental specifications. Percentage of new Although environmental criteria are used in both the mandatory and evaluation suppliers that were specifications of many large institutional purchases, the percentage of new suppliers G4-EN32 Partial screened using screened using environmental criteria is not available. The data are currently not tracked environmental criteria within the vendor information database. 57 150 The Bank is committed to attracting and retaining the best talent, developing their capabilities, ensuring their wellbeing, and affording them opportunities to make a difference. Bank staff members come from over 170 countries and include economists, educators, environmental scientists, financial analysts, foresters, agronomists, engineers, information technology specialists, social scientists, and so on. G4-DMA The World Bank Group’s Human Resources supports the institution in building a workforce with the right skills and behaviors in the right places at the right time, and making the Bank the best place to work in development. Looking forward, HR is developing the World Bank Group People Strategy for fiscal 2017–2019, based on extensive stakeholder engagements, which help ensure alignment with the institutional priorities, needs, and challenges as well as strengthen the Employment Value Proposition. In fiscal 2016, 1,418 full-time staff were hired, as compared to 1,072 in fiscal 2015. The rate of new employee hires equaled 12 percent (9 percent in 2015). Of those hired, 44 percent were hired in non-US offices, and 52 percent were female. In fiscal 2016, 1,920 staff left the Bank—at a turnover rate of 16.4 percent (of which, 3.8 percent was voluntary), partly due to the phasing out of 1,029 extended-term consultant/temporary appointments. In fiscal 2015, 1,508 staff left the Bank—at a turnover rate of 12.5 percent. Thirty-three percent of employees who left the Bank were located in non-US offices, and 54 percent were female. Total number and Staff hired FY16 FY15 FY14 shares of new employee hires and Number % of total Number % of total Number % of total G4-LA1 Partial employee turnover by United States 795 56% 656 61% 1,077 61% age group, gender, and Female 425 30% 337 31% 558 32% region Male 370 26% 319 30% 519 29% Non-US offices 623 44% 416 39% 693 39% Female 319 22% 225 21% 346 20% Male 304 21% 191 18% 347 20% Total hires 1,418 1,072 1,770 Of which Female 744 52% 562 52% 904 51% Of which Male 674 48% 510 48% 866 49% 58 151 Staff terminated FY16 FY15 FY14 Number % of total Number % of total Number % of total United States 1,293 67% 963 64% 1,039 63% Female 702 37% 526 35% 559 34% Male 591 31% 437 29% 480 29% Non-US offices 627 33% 546 36% 609 37% Female 331 17% 268 18% 310 19% Male 296 15% 278 18% 299 18% Total 1,920 1,509 1,648 terminations Of which Female 1,033 54% 794 53% 869 53% Of which Male 887 46% 715 47% 779 47% The World Bank is committed to providing benefits that respond to staff needs globally and are aligned with best practices. This includes life insurance, health care, disability and invalidity coverage, retirement provisions, parental leave, and opportunities for flexible work arrangements, as well as mobility, relocation, and resettlement benefits. These benefits vary with appointment type (whether open-ended or fixed-term staff or extended-term consultant/temporary) and whether the position is based at headquarters, Benefits provided to in Washington, DC, or in one of the 136 countries with Bank operations. The World full-time employees Bank’s compensation and benefits policy is to provide a package to attract and retain that are not provided to diverse and highly talented staff while responding to external market situations and our G4-LA2 temporary or part-time Full shareholders. These policies are specified in the internal Staff Manual, which is available employees, by to all staff. The Board meets every year to review compensation and determine the significant locations of overall group-wide pay increase. operation Benefits for staff on open-ended, fixed-term, and extended-term-consultant/temporary contracts, with certain variation for the latter appointment type, which is phasing out, include:  Life insurance and accidental death and dismemberment coverage are offered to staff and eligible dependents. These benefits help protect the financial security of beneficiaries. 59 152  Medical plans are offered to staff and retirees and their dependents. These plans provide medical, dental, vision, and pharmacy benefits. The plans cover the staff member, one spouse or domestic partner, and dependent children or stepchildren under the age of 26. The staff member pays 25 percent of the premium costs, and the Bank pays 75 percent. Staff leaving the organization may elect to receive continuation of their medical, dental, vision, and pharmacy coverage for up to 36 months at their own cost.  Staff who are on sick leave for more than 20 consecutive days can apply for short-term disability, which pays 70 percent of salary for up to 24 months. Staff must first exhaust any accrued sick leave before disability pay starts. If a staff member remains disabled beyond the 24-month period, long-term disability benefits are provided at 70 percent of salary until the earliest of retirement, death, or recovery from disability. While on long-term disability, staff medical coverage and pension contributions are 100 percent paid by the Bank.  Staff receive between 26 and 30 days of paid annual leave, depending on the length of service, and 15 days of sick leave per year, as well as paid leave for various specific circumstances such as adoption and paternity/maternity leave (10 days and 70 days, respectively, with 100 percent pay).  In 2015, the mandatory retirement age for staff on board and future staff increased from age 62 to age 67. The normal retirement age for staff on board on December 31, 2015, remains age 62, and it increased in fiscal 2016 for staff hired after December 31, 2015, to age 65. The Bank offers a variety of options to help staff save and plan for retirement. The Staff Retirement Net Plan (SRP) has two components: (1) Defined Benefit Component, which is Bank-funded and based on 1 percent of the highest average of three years’ net annual salary for each year of plan participation, not to exceed 35 years, and (2) Cash Balance Component, wherein the Bank contributes 10 percent of net annual salary, and the staff member contributes a mandatory 5 percent of net annual salary and can voluntary increase contributions to as high as 11 percent of net annual salary. In addition to the SRP, Washington-based staff can voluntary participate in a 401(k) plan. Effective January 1, 2015, Country Office staff can elect to participate in the Country Office Savings Plan. 60 153  There are also services to support staff and their families, such as the opportunity for flexible working arrangements and the World Bank Family Network (WBFN), which provides assistance to staff, spouses, and domestic partners. The Bank’s benefits package also includes global mobility benefits, relocation, and resettlement policies. Short-term consultants and short-term temporaries, paid on a daily or hourly rate, are not eligible for leave, life insurance, or pension benefits. However, short-term consultants and short-term temporaries are covered under Worker’s Compensation, and have accidental death and dismemberment insurance of three times’ net annual salary, up to a maximum of $250,000, while on official Bank business travel. They are also eligible for limited medical expense coverage while on official Bank business for emergency medical care. The World Bank values the diversity, health, safety, and security of its staff members and consultants who work in Washington, DC, and in 136 countries worldwide. Many employees travel throughout the world, thus the World Bank views appropriate and accessible health care through international vendors, regional health advisors, and onsite clinic facilities as an important service component. The Health Services Department (HSD) serves the staff and management of the World Bank by protecting and promoting staff health wherever possible, taking into account individual health status, the working environment, and job demands. The World Bank Group is committed to creating a supportive workplace for people with disabilities that enables them to fulfill their job responsibilities while fully utilizing and developing their capacities. The Health Services (HS) Occupational Health Unit (OHU) is the lead unit in determining workplace accommodations for disability. Accommodations are applicable in the following situations:  Accommodations related to the employment of a person who is employed with a pre-established disability or develops a disability G4-DMA while in employment to enable the individual to perform the essential job function;  Accommodations to reduce the impact of work-related health risks to an individual in the workplace;  Accommodations requested in a return-to-work program after an absence from work due to medical causes; and  Accommodations associated with the findings of a fitness-for-duty evaluation. Reimbursement of accommodation costs can be facilitated through the Disability Accommodation Fund (DAF) managed by HS. The World Bank Occupational Health and Safety Committee, which reports to the Senior Management Team, is tasked with developing, implementing, and monitoring an occupational health and safety management system that applies to Bank employees worldwide. The committee oversees a global occupational health and safety management system aimed at managing health and safety risks, thereby enhancing the efficiency and sustainability of the Bank’s workforce and optimizing the capacity to accomplish its goals. 61 154 The World Bank’s Occupational Health and Safety Committee meets quarterly to Percentage of total address health and safety issues related to staff. The group is chaired by senior workforce represented management (HRDVP), and includes occupational health specialists, environmental in formal joint consultants, and senior management representatives from headquarters and Country management–worker Offices, Health Services and other parts of HR, Facilities Management, Security, Fire G4-LA5 health and safety Partial and Safety, Legal, Procurement, Corporate Responsibility, the Staff Association, and committees that help Budget and additional specialists and members as required. In addition, the Staff monitor and advise on Association has established a dedicated working group to address staff health issues. occupational health Most of the workforce is represented in the Occupational Health and Safety Committee and safety programs and the Staff Association. A third-party partner program (the REED Group) and HSD monitor Worker’s Compensation Claims as accident and report statistics. Data analysis and interpretation Type of injury and rates are limited to ad hoc reports, quarterly and annual aggregate REED Group reporting. of injury, occupational HSD uses an integrated medical database system to evaluate trends in medical and diseases, lost days, pharmacy insurance costs in comparison with disease profiles. The REED Group and G4-LA6 and absenteeism, and Health Services monitor the effectiveness of return-to-work programs and minimize Full total number of work- absenteeism through active participation in return-to-work management for staff. Data related fatalities, by analysis and interpretation are limited to ad hoc reports at present. region and by gender For the World Bank Group as a whole, the incidence rate in fiscal 2016 has been 0.58, the injury rate 0.34, and the illness rate 0.25. The lost-day rate has been 31.31. Data are not available by region or by gender. The World Bank values the diversity, health, safety, and security of its approximately 17,000 staff and consultants who work in Washington, DC, and in 136 countries worldwide. The aim of the Bank’s investment in staff learning is to ensure that learning is a strategic tool for the organization, so th at staff members, including from field offices, can learn continuously to remain cutting-edge to carry out the Bank’s mission. In January 2016, President Kim G4-DMA launched the Open Learning Campus (OLC) as a single destination to accelerate development solutions through learning for WBG staff, clients, and global partners. OLC offers a broad range of learning resources via Talks, Academy, and Connect. Funding support for external training or education is made possible based on annual discussions between staff and managers about individual yearly learning plans. For more information about OLC, see olc.worldbank.org. 62 155 In fiscal 2016, the World Bank delivered 1,930 learning activities (1,847 in fiscal 2015) for a total of 4,760 sessions and 59,588 days of learning. Forty percent of the training days were delivered either in Country Offices or location-neutral formats such as e-learning and webinars in fiscal 2016, the same as in fiscal 2015 and 7 percentage points lower than in fiscal 2014. Eighty-six percent of the salaried workforce attended at least one learning event in fiscal 2016, not including the corporate mandatory programs: 83 percent based in Country Offices and 88 percent at headquarters, in Washington, DC. These individuals attended the equivalent of 38.232 days of training, averaging 3.3 days per staff member, with 3.5 in days taken by Country Office-based staff and 3.2 days taken by HQ-based staff. This was a 3 percent decrease from the fiscal 2015 training days of 3.4 days per staff member. Investment in staff learning increased by 12 percent from fiscal 2015 levels and by 14 Average hours of percent from fiscal 2014 levels. Through the end of fiscal 2016, the World Bank invested training per year per $72.3 million in staff learning, of which 45 percent was spent on developing and G4-LA9 employee by gender, delivering learning activities, and 55 percent was spent to cover direct and indirect Full and by employee expenses for staff members to participate in learning (provided internally and/or from category external providers), including staff time and other costs. 2016 2015 2014 All Staff Days Hours Days Hours Days Hours Average training 3.3 26.4 3.4 27.2 3.4 27.2 Of which Female 3.4 27.2 3.5 28.0 3.7 29.6 Of which Male 3.2 25.6 3.2 25.6 3.1 24.8 Breakdown by Days Hours Days Hours Days Hours Support Staff average 2.4 19.2 2.7 21.6 3.1 24.8 Of which Female 2.8 22.4 3.3 26.4 3.8 30.4 Of which Male 1.6 12.8 1.5 12.0 1.4 11.2 Analyst Grade average 3.0 24.0 2.5 20.0 2.6 20.8 Of which Female 3.0 24.0 2.6 20.8 2.7 21.6 63 156 Of which Male 3.1 24.8 2.2 17.6 2.5 20.0 Specialist Grade average 3.9 31.2 3.8 30.4 4.0 32.0 Of which Female 4.0 32.0 3.8 30.4 4.1 32.8 Of which Male 3.9 31.2 3.9 31.2 3.9 31.2 Lead Grade average 2.8 22.4 3.3 26.4 2.3 18.4 Of which Female 3.2 25.6 3.4 27.2 2.6 20.8 Of which Male 2.5 20.0 3.3 26.4 2.1 16.8 Consultants average 2.3 18.4 3.3 26.4 3.4 27.2 Of which Female 3.0 24.0 3.4 27.2 3.6 28.8 Of which Male 1.5 12.0 3.1 24.8 3.3 26.4 Special Assignments (JPO, 4.6 36.8 4.9 39.2 6.1 48.8 JPA, SPAS) average Of which Female 5.0 40.0 5.4 43.2 6.7 53.6 Of which Male 4.2 33.6 4.3 34.4 5.5 44.0 In fiscal 2016, the Bank delivered 1,930 learning activities for a total of 4,760 sessions and 59,588 days of learning. Eighty-six percent of the Bank’s full-time staff attended at least one learning event during the year (not including the corporate mandatory programs), down 2 percent from fiscal 2015: 83 percent of staff based in Country Offices Programs for skills and 88 percent of those based at headquarters. management and An HR Transition Support Program, established in fiscal 2015 to assist staff whose jobs lifelong learning that may be at risk because of organizational changes and evolving business needs, support the continued G4-LA10 continues to provide services. The program team works in partnership with Bank units Full employability of responsible for pensions, tax issues, health services, and so on, and with contractors. In employees and assist fiscal 2016, the team met with staff individually or in groups to inform them about them in managing services available and to explain the Bank’s exit process. Job-search and career career endings coaching were also provided on a one-on-one basis. An internal website provided a central repository of information for staff. A monthly series of seminars was offered to staff on topics ranging from pension, tax, immigration, and benefits to resume writing, interviewing, networking, and job-search 64 157 strategy. The team also delivered briefings and workshops for managers to equip them with a good understanding of the Bank’s ending-employment process and to better prepare them for managing exits. At least once in a 12-month period, the manager or designated supervisor performs a review of the World Bank staff member (excludes short-term appointees). The evaluation covers the staff member’s performance, achievements, strengths, areas for improvement, and future development needs. The World Bank encourages ongoing feedback about the staff member’s work program; this takes place throughout the performance year. The annual conversation also touches on plans for the upcoming Percentage of performance cycle and training needs. The Performance Management Process is employees receiving outlined in the Staff Manual 5.03. regular performance In fiscal 2016, at the World Bank, 92 percent of fiscal 2015 end-year evaluations, 84 G4-LA11 and career Full percent of fiscal 2016 objectives, and 97 percent of fiscal 2016 mid-year evaluations development reviews, were completed on time. During the fiscal 2015 end-year evaluations, 92 percent of by gender and by women and 92 percent of men completed the regular performance evaluation process. employee category During the mid-year review, 87 percent of staff indicated they had a performance conversation with their supervisor; these comprised 87 percent of women and 87 percent of men. In fiscal 2015, about 70 percent of female and 70 percent of male active full-time staff completed regular performance and career-development conversations. The World Bank is committed to creating a workplace where everyone is valued, where differences are respected and celebrated, and where opportunity and equitable treatment is afforded to all. Ensuring diversity and inclusion are integrated into our daily work means creating a culture and practices that recognize, value, and harness what makes every individual unique in the broader sense, by acknowledging and respecting differences including nationality, gender, race, religion, ethnicity, age, sexual orientation/gender identity, G4-DMA disability, and educational background. Beyond the moral imperative, empowering others and respecting differences is much more than part of our institution’s core values: it makes good business sense. A diverse staff mirrors the diversity of the clients we serve and the partners we work alongside around the world, and that reflection is key to our credibility as an institution seeking equity and opportunity for all. In addition, it has been 65 158 demonstrated that a diverse staff stimulates the creativity and innovation our clients expect, drawn from the collective energy of individual experience, knowledge, and perspectives. World Bank staff are located in 136 countries and work in core finance, administrative, legal, economics, and technical specializations in more than 20 sectors. Staff contribute an impressive breadth and depth of professional expertise, academic background, industry, and international experience. The acknowledged diversity of our staff allows the Bank, the world’s leading development organization, to attract, retain, and grow the finest talent from the broadest span of different backgrounds possible. When we leverage the diversity and perspectives of all of our talent, the solutions that we offer—through our projects, programs, and assistance—are those that will meet our clients' development goals. The World Bank recognizes that meeting the demands and needs of its diverse client base more effectively means the Bank must consider a range of ideas and perspectives to find the best solution to development challenges. Achieving shared prosperity in a sustainable way is, by definition, about equal opportunity, empowerment, and economic and social inclusion. The Articles of Agreement for IBRD and IDA emphasize the need to “pay due regard to the importance of recruiting personnel on as wide a geographical basis as possible” when appointing Bank officers and staff, “subject to the paramount importance of securing the highest standards of efficiency and of technical competence.” This directive was reiterated in the 1983 Principles of Staff Employment, approved by the Executive Directors, t o set forth the broad policies according to which the President shall manage staff. In addition, the principles direct the Bank to “encourage diversity in staffing consistent with the nature and objectives of the Organizations.” In addition to reflecting the World Bank’s global n ature, the importance of staff diversity in enhancing the effectiveness and credibility of the Bank’s institutions has been underscored by ongoing reforms to increase the voice and participation of emerging markets and developing countries at the Bank. The World Bank manages these commitments and directives through an integrated approach that focuses on three pillars: advocacy (demonstrate leadership and build partnerships), accountability (set goals and measure outcomes), and inclusion (embed diversity and inclusion into talent processes and create an inclusive environment). The World Bank measures the effectiveness through Diversity and Inclusion Compacts, which establish both diversity and inclusion targets and identify specific actions to achieve the targets. The diversity targets include parity in management by gender and country part (Part I versus Part II), as well as by gender among full-time staff at professional grades (grade GF+) in non-managerial roles. An additional institutional target is 12.5 percent for Sub-Saharan African (SSA) and Caribbean (CR) nationals among full-time staff at professional grades (grade GF+). Inclusion targets are derived from staff response on the annual engagement survey, which includes a set of questions that comprise the indicators of the Inclusion Index. The World Bank Compact, which is signed by the President and the Senior Management Team, is cascaded through all vice-presidential units. Progress against the Compact targets and actions are reported monthly and reviewed quarterly. In addition to the Compacts, actions to improve staff perceptions on the engagement survey, including the Inclusion Index, are developed and tracked at the World Bank and vice-presidential unit level. 66 159 Within the World Bank Boards of Governors and Directors, representatives are determined by member countries. Of the 25 Executive Director Board members, four were women in fiscal 2016. For more information about the Boards, see http://worldbank.org/about. Composition of G4-LA12a Male [number] 21 governance bodies Percentage of individuals within the organization’s governance bodies 84% Female [number] 4 Percentage of individuals within the organization’s governance bodies 16% Nationals of Part II countries (roughly equivalent to developing countries) accounted for 44 percent of staff in management positions. Women accounted for 38 percent of staff in management positions, and for 44 percent of full-time staff at professional grades (grade GF+) in technical positions. SSA and CR nationals represent 12 percent of full-time staff at professional grades (grade GF+). Since 1998, nationality, gender, and race have been the dimensions of diversity for which the Bank has set and monitored quantitative targets. Nationality has been measured in the aggregate by Part I and II contributing member status (roughly equivalent to developed and Breakdown of employees developing countries, respectively), whereas SSA and CR nationality has served as the proxy per employee category for race, specifically for Black staff. according to gender, age 2016 2015 2014 G4-LA12b group, minority group Full-time staff membership, and other Number % of total Number % of total Number % of total indicators of diversity WB total full-time staff 11,421 11,933 12,328 Under 35 years old 1,838 16% 2,212 19% 2,512 20% Male 757 7% 908 8% 1,008 8% Female 1,081 9% 1,304 11% 1,504 12% 35-44 years old 3,894 34% 4,067 34% 4,141 34% Male 1,791 16% 1,907 16% 1,979 16% Female 2,103 18% 2,160 18% 2,162 18% 67 160 45-54 years old 3,836 34% 3,821 32% 3,854 31% Male 1,966 17% 1,960 16% 1,978 16% Female 1,870 16% 1,861 16% 1,876 15% 55+ years old 1,853 16% 1,833 15% 1,821 15% Male 1,042 9% 996 8% 989 8% Female 811 7% 837 7% 832 7% The World Bank Group considers the diversity of its staff a strategic business asset. Due to its privileges and immunities, the Bank Group provides staff comprehensive Internal Justice Services (IJS) to resolve and provide redress of workplace issues and grievances using informal and formal mechanisms. These services increase the level of collaboration among staff, provide spaces for the effective management of conflicts, and increase the Bank Group’s capacity to build and retain a globally representative workforce that has a voice and is valued by the organization. Most staff concerns are handled by one of the informal services of Internal Justice: Respectful Workplace Advisors (RWA) Program, Ombuds Services (OMB), and Mediation Services (MEF). Use of these mechanisms is voluntary, and staff also have direct access to the formal grievance mechanisms of Peer Review Services G4-DMA (PRS), the Office of Ethics and Business Conduct (EBC) Vice Presidency, and the Integrity (INT) Vice Presidency. EBC investigates allegations of staff misconduct, and INT investigates allegations of fraud and corruption committed by individuals and companies involved in Bank Group-sponsored projects, as well as allegations against internal staff. PRS considers whether the Bank Group’s actions are consistent with the staff member’s contract of employment and/or terms of appointment, including the pertinent Bank Group rules and policies. Once the internal formal grievance mechanisms are exhausted, staff may access the World Bank Administrative Tribunal (WBAT), which is an independent judicial forum of last resort for the resolution of cases submitted by staff alleging non-observance of their contracts of employment or terms of appointment. WBAT decisions are final and binding. During fiscal year 2016, there was a decrease in the number of staff using the Internal Justice Number of grievances Services (IJS), specifically in the informal services provided by the Respectful Workplace about labor practices Advisors (RWA) Program, Ombuds Services (OMB), and Mediation Services (MEF). The G4-LA16 filed, addressed, and combined caseload of the informal and formal core services declined to 1,503 opened cases Full resolved through formal from 1,675 cases reported during fiscal 2015. During fiscal 2016, the only office that had an grievance mechanisms increase in opened cases was Peer Review Services (PRS), which grew from 54 to 102 cases. (The increase in the number of Peer Review cases was due in part to a mass filing by over 40 68 161 staff.) The RWA Program decreased from 678 to 583 opened cases. OMB saw a decrease from 775 to 702 opened cases. MEF cases decreased from 168 to 116 opened cases. The other formal mechanisms reported a decrease in opened cases. The WBAT recorded a decrease from 31 to 24 opened cases, as did the Office of Ethics and Business Conduct (EBC) Vice Presidency, with a decrease from 297 to 229 opened cases, and the Integrity (INT) Vice Presidency, from 26 to 20 opened cases. MEF closed 123 cases, PRS closed 105 cases, WBAT closed 27 cases, EBC closed 249 cases, and INT closed 22 cases, all in fiscal 2016. IJS and Related 2016 2015 2014 Services Opened Closed Opened Closed Opened Closed Total 1,776 2,029 1,717 Respectful Workplace 583 678 604 Advisors Ombuds Services 702 775 625 Mediation Services 116 123 168 166 143 140 Peer Review Services 102 105 54 49 50 49 Administrative Tribunal 24 27 31 24 23 20 Ethics1 229 249 297 286 251 233 Integrity2 20 22 26 27 21 23 1EBC statistics record only investigative cases, not guidance provided in areas such as conflicts of interest. 2INT statistics reflect only internal World Bank Group staff cases. 69 162 World Bank Lending Fiscal Year 2016 WORLD BANK LENDING Fiscal 2016 Annual Report 2016 164 The International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID) are the institutions that make up the World Bank Group. The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries, and is committed to reducing poverty, increasing shared prosperity, and promoting sustainable development. In fiscal 2016, IBRD, IDA, IFC, and MIGA collectively provided $64.2 billion in loans, grants, equity investments, and guarantees to partner countries and private businesses—including to multiregional and global projects. 165 1 World Bank Lending │ Fiscal 2016 The World Bank is comprised of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), and it is committed to the goals of ending extreme poverty and boosting shared prosperity, and to achieving both goals in a sustainable manner. Owned by its 189 member countries, the World Bank is a global development cooperative. It is the largest development bank in the world, and it provides financing, knowledge, and convening services to help client countries address their most important development challenges. The World Bank is solutions oriented, focused on clients, accountable for quality results, dedicated to financial integrity and cost-effectiveness, and inspired and innovative. It is committed to improving the lives of roughly a billion people now living in extreme poverty. 166 2 World Bank Lending │ Fiscal 2016 The International Bank for Reconstruction The International Development and Development (IBRD) Association (IDA) Established 1944 │ 189 member countries Established 1960 │ 173 member countries Fiscal 2016 commitments Fiscal 2016 commitments $29.7 billion for $16.2 billion for 114 approved operations 161 approved operations Cumulative lending (since 1945) Cumulative lending (since 1960) $658.7 billion $326.1 billion Note: Regional operations have been excluded from the country count, and joint IBRD-IDA operations are counted only once, as IBRD operations. 167 3 World Bank Lending │ Fiscal 2016 IBRD and IDA Board of Executive Directors and Alternates as of June 30, 2016 Dr. Jim Yong Kim President of the World Bank Group and Chairman of the Board of Executive Directors Executive Directors Alternates Khalid Alkhudairy Turki Dhaifallah Almutairi Heenam Choi Jason Allford Hervé de Villeroché Arnaud Delaunay Alejandro Foxley Daniel Pierini Jorg G. Frieden Wieslaw Leonard Szczuka Subhash Garg Muhammad Musharraf Hossain Bhuiyan Franciscus Godts Gulsum Yazganarikan Merza Hasan Karim Wissa Frank Heemskerk Claudiu Doltu Masahiro Kan Daiho Fujii Mohamed Kayad Seydou Bouda Nasir Mahmood Khosa Omar Bougara Peter Larose Andrew Bvumbe Ana Lourenco Bongi Kunene Andrei Lushin Eugene B. Miagkov Matthew McGuire (Vacant) Ursula Mueller Claus Michael Happe Patrizio Pagano Nuno Mota Pinto Melanie Robinson Clare Roberts Jose Rojas Beatriz de Guindos Satu-Leena Santala Sanita Bajare Rionald Silaban Pornwasa Sirinupongs Antonio Silveira Rosalia de Leon Alister Smith Peteranne Tamara Donaldson Yingming Yang Jinadi Ye 168 4 World Bank Lending │ Fiscal 2016 Fiscal Year Highlights In fiscal 2016, the World Bank (IBRD/IDA) committed $45.9 billion to partner countries, distributed in credits, loans, grants, and guarantees. 169 5 World Bank Lending │ Fiscal 2016 Fiscal Year Highlights In fiscal 2016, IBRD committed $29.7 billion for 114 new operations. IDA committed $16.2 billion for 161 new operations. 170 6 World Bank Lending │ Fiscal 2016 Fiscal Year Highlights IBRD’s $29.7 billion lending volume in fiscal 2016 was up sharply from fiscal 2015. Demand for lending rose to levels not previously seen outside of a financial crisis. 171 7 World Bank Lending │ Fiscal 2016 Fiscal Year Highlights IDA commitments of $16.2 billion in fiscal 2016 included $14.4 billion in credits, $1.3 billion in grants, and $500 million in guarantees. 172 8 World Bank Lending │ Fiscal 2016 Note As a result of rounding, numbers in the following figures may not add to totals, and percentages in figures may not add to 100. All dollar amounts reported are current U.S. dollars. 173 9 World Bank Lending │ Fiscal 2016 IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $45.9 billion 19% 20% Africa East Asia and Pacific Europe and Central Asia 11% Latin America and the Caribbean 16% Middle East and North Africa South Asia 18% 16% 174 10 World Bank Lending │ Fiscal 2016 IBRD Lending by Region │ Fiscal 2016 The largest share of IBRD lending went to Latin America and the Caribbean Share of total lending of $29.7 billion 2% 12% 17% Africa East Asia and Pacific 17% Europe and Central Asia Latin America and the Caribbean 24% Middle East and North Africa South Asia 27% 175 11 World Bank Lending │ Fiscal 2016 IDA Lending by Region │ Fiscal 2016 The largest share of IDA lending went to Africa Share of total lending of $16.2 billion 29% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean 54% Middle East and North Africa < 1% South Asia 1% 1% 14% 176 12 World Bank Lending │ Fiscal 2016 IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $45.9 billion 11% 5% 7% Agriculture, Fishing, and Forestry Education 14% Energy and Mining 16% Finance Health and Other Social Services Industry and Trade Information and Communications 7% Public Administration, Law, and Justice 19% Transportation Water, Sanitation, and Flood Protection 12% 1% 9% 177 13 World Bank Lending │ Fiscal 2016 IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $45.9 billion Economic Management 8% 4% Environment and Natural Resources Management 5% 11% Financial and Private Sector Development Human Development 12% Public Sector Governance Rule of Law 2% 20% Rural Development Social Development, Gender, and Inclusion 13% Social Protection and Risk Management Trade and Integration 1% 11% 13% Urban Development 178 14 World Bank Lending │ Fiscal 2016 IBRD Top-10 Borrowers │ Fiscal 2016 $3,000 $2,850 $2,820 $2,500 $2,058 $1,982 Commitments ($ millions) $2,000 $1,700 $1,560 $1,550 $1,550 $1,504 $1,500 $1,400 $1,000 $500 $0 179 15 World Bank Lending │ Fiscal 2016 IDA Top-10 Borrowers │ Fiscal 2016 $2,000 $1,862 $1,800 $1,670 $1,600 $1,557 $1,460 $1,400 Commitments ($ millions) $1,200 $1,075 $1,025 $1,000 $864 $800 $646 $600 $600 $500 $400 $200 $0 180 16 World Bank Lending │ Fiscal 2016 181 Africa Regional Snapshot 182 18 World Bank Lending │ Fiscal 2016 Africa Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $14,000 $12,000 $11,569 $10,613 $10,000 $9,346 Commitments ($ millions) $8,245 $8,000 $7,525 $6,000 $4,000 $2,000 $0 2012 2013 2014 2015 2016 183 19 World Bank Lending │ Fiscal 2016 Africa IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $9.3 billion 5% 5% 7% 9% Agriculture, Fishing, and Forestry Education Energy and Mining Finance 20% 17% Health and Other Social Services Industry and Trade Information and Communications Public Administration, Law, and Justice < 1% 3% 4% Transportation Water, Sanitation, and Flood Protection 31% 184 20 World Bank Lending │ Fiscal 2016 Africa IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $9.3 billion 2% 2% Economic Management Environment and Natural Resources 14% Management Financial and Private Sector Development 16% 2% Human Development Public Sector Governance Rule of Law 22% 16% Rural Development Social Development, Gender, and Inclusion Social Protection and Risk Management 4% 10% Trade and Integration 11% Urban Development 1% 185 21 World Bank Lending │ Fiscal 2016 East Asia and Pacific Regional Snapshot 186 22 World Bank Lending │ Fiscal 2016 East Asia and Pacific Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $8,000 $7,500 $7,000 $6,628 $6,247 $6,313 $6,342 $6,000 Commitments ($ millions) $5,000 $4,000 $3,000 $2,000 $1,000 $0 2012 2013 2014 2015 2016 187 23 World Bank Lending │ Fiscal 2016 East Asia and Pacific IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $7.5 billion 12% 9% 4% Agriculture, Fishing, and Forestry Education Energy and Mining 17% Finance Health and Other Social Services Industry and Trade 28% Information and Communications Public Administration, Law, and Justice Transportation 15% Water, Sanitation, and Flood Protection 4% 6% 5% 0% 188 24 World Bank Lending │ Fiscal 2016 East Asia and Pacific IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $7.5 billion Economic Management 2% 11% Environment and Natural Resources Management 1% Financial and Private Sector Development 26% Human Development 17% Public Sector Governance Rule of Law Rural Development 2% Social Development, Gender, and Inclusion 9% Social Protection and Risk Management 19% 7% Trade and Integration 6% Urban Development 0% 189 25 World Bank Lending │ Fiscal 2016 Europe and Central Asia Regional Snapshot 190 26 World Bank Lending │ Fiscal 2016 Europe and Central Asia Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $8,000 $7,207 $7,272 $7,000 $6,595 $6,000 $5,527 $5,320 Commitments ($ millions) $5,000 $4,000 $3,000 $2,000 $1,000 $0 2012 2013 2014 2015 2016 191 27 World Bank Lending │ Fiscal 2016 Europe and Central Asia IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $7.3 billion 1% 1% 6% 2% Agriculture, Fishing, and Forestry 18% Education Energy and Mining 28% Finance Health and Other Social Services 8% Industry and Trade Information and Communications Public Administration, Law, and Justice Transportation 17% Water, Sanitation, and Flood Protection 19% <1% 192 28 World Bank Lending │ Fiscal 2016 Europe and Central Asia IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $7.3 billion Economic Management 2% 8% Environment and Natural Resources 11% Management Financial and Private Sector Development 10% 6% Human Development 1% Public Sector Governance 6% Rule of Law 3% Rural Development Social Development, Gender, and Inclusion 9% Social Protection and Risk Management 42% 4% Trade and Integration Urban Development 193 29 World Bank Lending │ Fiscal 2016 Latin America and the Caribbean Regional Snapshot 194 30 World Bank Lending │ Fiscal 2016 Latin America and the Caribbean Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $10,000 $8,218 $8,000 $6,629 Commitments ($ millions) $6,024 $6,000 $5,204 $5,068 $4,000 $2,000 $0 2012 2013 2014 2015 2016 195 31 World Bank Lending │ Fiscal 2016 Latin America and the Caribbean IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $8.2 billion 10% 2% 13% Agriculture, Fishing, and Forestry 13% 3% Education Energy and Mining Finance 7% Health and Other Social Services Industry and Trade Information and Communications Public Administration, Law, and Justice 21% 17% Transportation Water, Sanitation, and Flood Protection 14% < 1% 196 32 World Bank Lending │ Fiscal 2016 Latin America and the Caribbean IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $8.2 billion < 1% Economic Management 6% Environment and Natural Resources 12% Management 7% Financial and Private Sector Development Human Development 14% 14% Public Sector Governance Rule of Law Rural Development 2% 4% Social Development, Gender, and Inclusion 2% 18% Social Protection and Risk Management Trade and Integration 18% Urban Development 197 33 World Bank Lending │ Fiscal 2016 Middle East and North Africa Regional Snapshot 198 34 World Bank Lending │ Fiscal 2016 Middle East and North Africa Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $6,000 $5,201 $5,000 $4,000 Commitments ($ millions) $3,492 $3,000 $2,788 $2,058 $2,000 $1,513 $1,000 $0 2012 2013 2014 2015 2016 199 35 World Bank Lending │ Fiscal 2016 Middle East and North Africa IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $5.2 billion 1% 6% 14% Agriculture, Fishing, and Forestry Education 21% Energy and Mining 10% Finance Health and Other Social Services Industry and Trade Information and Communications Public Administration, Law, and Justice 9% Transportation 26% Water, Sanitation, and Flood Protection 2% 8% 3% 200 36 World Bank Lending │ Fiscal 2016 Middle East and North Africa IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $5.2 billion Economic Management 2% 1% 11% 8% Environment and Natural Resources Management 2% Financial and Private Sector Development 14% Human Development 5% 0% Public Sector Governance Rule of Law Rural Development Social Development, Gender, and Inclusion 30% 26% Social Protection and Risk Management Trade and Integration Urban Development 2% 201 37 World Bank Lending │ Fiscal 2016 South Asia Regional Snapshot 202 38 World Bank Lending │ Fiscal 2016 South Asia Total IBRD and IDA Lending Trends │ Fiscal 2012–16 $12,000 $10,535 $10,000 $8,363 $7,860 $8,000 Commitments ($ millions) $6,446 $6,000 $4,474 $4,000 $2,000 $0 2012 2013 2014 2015 2016 203 39 World Bank Lending │ Fiscal 2016 South Asia IBRD and IDA Lending by Sector │ Fiscal 2016 Share of total lending of $8.4 billion 7% 22% 8% Agriculture, Fishing, and Forestry Education Energy and Mining Finance Health and Other Social Services Industry and Trade 9% 25% Information and Communications Public Administration, Law, and Justice Transportation Water, Sanitation, and Flood Protection 14% 3% 7% 4% <1% 204 40 World Bank Lending │ Fiscal 2016 South Asia IBRD and IDA Lending by Theme │ Fiscal 2016 Share of total lending of $8.4 billion Economic Management 6% 7% Environment and Natural Resources 7% 4% Management Financial and Private Sector Development 6% Human Development 1% 17% Public Sector Governance Rule of Law Rural Development Social Development, Gender, and Inclusion 11% 32% Social Protection and Risk Management Trade and Integration 9% Urban Development 0% 205 41 World Bank Lending │ Fiscal 2016 206 Agriculture, Fishing, and Forestry IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $2.2 billion 21% 27% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 14% 30% 6% 2% 207 43 World Bank Lending │ Fiscal 2016 Education IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $3.1 billion 22% 26% Africa East Asia and Pacific 2% Europe and Central Asia Latin America and the Caribbean Middle East and North Africa 10% South Asia 3% 35% 208 44 World Bank Lending │ Fiscal 2016 Energy and Mining IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $7.2 billion 22% 29% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 15% 29% 3% 2% 209 45 World Bank Lending │ Fiscal 2016 Finance IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $3.1 billion 8% 8% 9% 14% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa 18% South Asia 42% 210 46 World Bank Lending │ Fiscal 2016 Health and Other Social Services IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $5.7 billion 6% 2% Africa 24% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean 51% Middle East and North Africa South Asia 10% 7% 211 47 World Bank Lending │ Fiscal 2016 Industry and Trade IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $4.2 billion 9% 14% 10% Africa 10% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 29% 28% 212 48 World Bank Lending │ Fiscal 2016 Information and Communications IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $247 million 12% 17% 0% Africa East Asia and Pacific 12% Europe and Central Asia Latin America and the Caribbean Middle East and North Africa < 1% South Asia 59% 213 49 World Bank Lending │ Fiscal 2016 Public Administration, Law, and Justice IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $8.6 billion 14% 21% Africa East Asia and Pacific 16% Europe and Central Asia Latin America and the Caribbean 13% Middle East and North Africa South Asia 20% 16% 214 50 World Bank Lending │ Fiscal 2016 Transportation IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $6.4 billion 12% 10% 8% Africa 20% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean 17% Middle East and North Africa South Asia 32% 215 51 World Bank Lending │ Fiscal 2016 Water, Sanitation, and Flood Protection IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $5.3 billion 9% 35% 17% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa 8% South Asia 14% 16% 216 52 World Bank Lending │ Fiscal 2016 217 Economic Management IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $1.9 billion 10% 29% 8% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 30% 21% 2% 218 54 World Bank Lending │ Fiscal 2016 Environment and Natural Resources Management IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $4.9 billion 6% 4% 14% Africa East Asia and Pacific Europe and Central Asia 41% Latin America and the Caribbean Middle East and North Africa 21% South Asia 14% 219 55 World Bank Lending │ Fiscal 2016 Financial and Private Sector Development IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $9.2 billion 16% 17% Africa 7% East Asia and Pacific 15% Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 13% 33% 220 56 World Bank Lending │ Fiscal 2016 Human Development IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $4.9 billion 18% 31% 3% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 31% 10% 7% 221 57 World Bank Lending │ Fiscal 2016 Public Sector Governance IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $5.9 billion 13% 16% Africa 8% East Asia and Pacific Europe and Central Asia 27% Latin America and the Caribbean 11% Middle East and North Africa South Asia 26% 222 58 World Bank Lending │ Fiscal 2016 Rule of Law IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $467 million 0% 0% 0% 11% 42% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 47% 223 59 World Bank Lending │ Fiscal 2016 Rural Development IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $6.1 billion 17% Africa 44% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean 23% Middle East and North Africa South Asia 4% 7% 6% 224 60 World Bank Lending │ Fiscal 2016 Social Development, Gender, and Inclusion IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $984 million 10% 10% 36% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa 21% South Asia 5% 18% 225 61 World Bank Lending │ Fiscal 2016 Social Protection and Risk Management IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $5.4 billion < 1% 9% 37% Africa 22% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 8% 23% 226 62 World Bank Lending │ Fiscal 2016 Trade and Integration IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $2.3 billion 7% 2% 26% Africa East Asia and Pacific Europe and Central Asia Latin America and the Caribbean 4% 36% Middle East and North Africa South Asia 25% 227 63 World Bank Lending │ Fiscal 2016 Urban Development IBRD and IDA Lending by Region │ Fiscal 2016 Share of total lending of $3.9 billion 13% 35% Africa 15% East Asia and Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa South Asia 12% 4% 22% 228 64 World Bank Lending │ Fiscal 2016 For more information visit worldbank.org/annualreport 229 65 World Bank Lending │ Fiscal 2016