Africa: World Bank Lending by Theme and Sector | Fiscal 2014–18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 1,002 401 Environment and Natural Resource Management — — — 4,258 6,757 Finance — — — 333 1,152 Human Development and Gender — — — 3,621 4,274 Private Sector Development — — — 3,409 2,805 Public Sector Management — — — 1,689 2,893 Social Development and Protection — — — 1,278 2,129 Urban and Rural Development — — — 5,643 6,031 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 1,177 1,138 538 1,352 1,301 Education 748 747 865 960 1,285 Energy and Extractives 2,029 1,148 1,708 1,618 3,100 Financial Sector 400 654 234 124 261 Health 498 1,858 940 594 1,143 Industry, Trade, and Services 552 343 465 961 1,327 Information and Communications Technologies 163 159 44 274 226 Public Administration 1,295 2,284 1,005 1,360 3,945 Social Protection 882 1,210 2,294 774 1,433 Transportation 1,610 1,304 720 2,130 660 Water, Sanitation, and Waste Management 1,259 724 552 1,694 1,850 Sector Total 10,613 11,569 9,365 11,842 16,530 Of which IBRD 420 1,209 669 1,163 1,120 Of which IDA 10,193 10,360 8,696 10,679 15,410 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. East Asia and Pacific: World Bank Lending by Theme and Sector | Fiscal 2014-18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 736 615 Environment and Natural Resource Management — — — 1,865 2,091 Finance — — — 1,001 22 Human Development and Gender — — — 1,225 993 Private Sector Development — — — 916 570 Public Sector Management — — — 441 252 Social Development and Protection — — — 324 244 Urban and Rural Development — — — 3,474 2,259 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 625 1,033 706 523 694 Education 626 226 321 368 216 Energy and Extractives 834 574 2,093 218 96 Financial Sector 68 501 285 135 14 Health 260 233 145 679 390 Industry, Trade, and Services 261 282 427 1,237 959 Information and Communications Technologies 81 69 - 207 80 Public Administration 1,065 809 940 736 400 Social Protection 267 68 270 440 286 Transportation 1,891 1,233 1,329 1,445 379 Water, Sanitation, and Waste Management 334 1,316 985 1,120 1,099 Sector Total 6,313 6,342 7,500 7,106 4,612 Of which IBRD 4,181 4,539 5,176 4,403 3,981 Of which IDA 2,131 1,803 2,324 2,703 631 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. Europe and Central Asia: World Bank Lending by Theme and Sector | Fiscal 2014–18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 54 128 Environment and Natural Resource Management — — — 2,573 2,094 Finance — — — 967 1,343 Human Development and Gender — — — 436 785 Private Sector Development — — — 1,613 864 Public Sector Management — — — 1,057 520 Social Development and Protection — — — 72 481 Urban and Rural Development — — — 691 1,759 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 478 154 47 358 122 Education 102 330 103 120 24 Energy and Extractives 1,206 1,423 151 2,205 1,064 Financial Sector 562 930 1,290 760 818 Health 574 277 214 202 144 Industry, Trade, and Services 455 882 1,254 133 798 Information and Communications Technologies 13 42 39 8 129 Public Administration 1,387 692 1,124 648 761 Social Protection 105 919 411 140 254 Transportation 97 1,158 2,168 608 332 Water, Sanitation, and Waste Management 546 400 471 127 63 Sector Total 5,527 7,207 7,271 5,308 4,508 Of which IBRD 4,729 6,679 7,039 4,569 3,550 Of which IDA 798 527 233 739 958 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. Latin America and the Caribbean: World Bank Lending by Theme and Sector | Fiscal 2014-18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 387 322 Environment and Natural Resource Management — — — 1,520 2,066 Finance — — — 794 551 Human Development and Gender — — — 1,039 1,629 Private Sector Development — — — 1,488 918 Public Sector Management — — — 942 68 Social Development and Protection — — — 186 730 Urban and Rural Development — — — 2,450 1,608 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 231 117 145 335 322 Education 674 1,051 1,090 577 572 Energy and Extractives 59 391 227 520 535 Financial Sector 89 493 591 206 72 Health 16 533 736 217 761 Industry, Trade, and Services 143 374 1,159 638 166 Information and Communications Technologies - 48 0.3 122 13 Public Administration 1,664 942 1,551 1,910 349 Social Protection 723 1,291 743 158 387 Transportation 776 389 1,173 573 666 Water, Sanitation, and Waste Management 693 396 803 621 483 Sector Total 5,068 6,024 8,218 5,877 4,326 Of which IBRD 4,609 5,709 8,035 5,373 3,898 Of which IDA 460 315 183 504 428 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. Middle East and North Africa: World Bank Lending by Theme and Sector | Fiscal 2014–18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 265 65 Environment and Natural Resource Management — — — 1,086 2,020 Finance — — — 562 208 Human Development and Gender — — — 1,093 2,436 Private Sector Development — — — 1,650 1,789 Public Sector Management — — — 903 578 Social Development and Protection — — — 962 1,112 Urban and Rural Development — — — 306 1,376 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 120 - 314 83 135 Education - 73 70 100 750 Energy and Extractives 211 1,025 1,091 905 992 Financial Sector 737 550 445 866 62 Health 103 105 97 415 634 Industry, Trade, and Services 154 225 404 760 1,072 Information and Communications Technologies 219 - 145 183 62 Public Administration 440 228 1,345 1,331 713 Social Protection 150 661 31 776 1,168 Transportation 470 10 558 255 283 Water, Sanitation, and Waste Management 185 616 681 207 504 Sector Total 2,788 3,492 5,181 5,880 6,375 Of which IBRD 2,588 3,294 5,170 4,869 5,945 Of which IDA 199 198 11 1,011 430 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. South Asia: World Bank Lending by Theme and Sector | Fiscal 2014–18 millions of dollars Theme 2014 2015 2016 2017 2018 Economic Policy — — — 1,023 60 Environment and Natural Resource Management — — — 1,710 4,872 Finance — — — 1,180 866 Human Development and Gender — — — 1,744 4,032 Private Sector Development — — — 1,502 2,239 Public Sector Management — — — 420 871 Social Development and Protection — — — 661 1,128 Urban and Rural Development — — — 1,727 4,214 Sector 2014 2015 2016 2017 2018 Agriculture, Fishing, and Forestry 578 926 659 121 1,429 Education 1,469 1,193 769 723 1,675 Energy and Extractives 2,458 261 2,144 859 1,324 Financial Sector 172 967 256 1,015 83 Health 100 85 240 329 1,195 Industry, Trade, and Services 390 264 616 513 1,085 Information and Communications Technologies 52 38 43 228 232 Public Administration 935 967 646 723 1,035 Social Protection 395 467 120 404 675 Transportation 2,431 1,298 898 813 1,210 Water, Sanitation, and Waste Management 1,555 1,395 1,971 334 717 Sector Total 10,535 7,860 8,363 6,060 10,660 Of which IBRD 2,077 2,098 3,640 2,233 4,508 Of which IDA 8,458 5,762 4,723 3,827 6,152 Note: — = not available. Numbers may not add to totals because of rounding. As of fiscal 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Because lending commitments for individual operations can be applied to multiple theme categories, figures organized by theme do not add up to fiscal year commitment totals, and therefore theme figures should not be summed. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. Africa: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2014–18 millions of dollars Nigeria Ethiopia Kenya Total region Item 2018 2014-2018 2018 2014-2018 2018 2014-2018 2018 2014-2018 IBRD and IDA commitments 2,586 8,670 3,122 8,707 1,280 3,998 16,530 59,899 Undisbursed balances 7,076 7,076 4,748 4,748 4,377 4,377 37,066 37,066 Gross disbursements 779 4,419 1,404 5,222 538 2,637 8,940 38,017 Repayments 94 471 36 108 130 577 762 2,835 Net disbursements 685 3,948 1,368 5,113 408 2,060 8,178 35,182 Interest and charges 76 269 52 184 40 181 696 2,593 Net transfers 609 3,679 1,316 4,929 368 1,878 7,482 32,589 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. East Asia and Pacific: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2014–18 millions of dollars China Indonesia Vietnam Total region Item 2018 2014-2018 2018 2014-2018 2018 2014-2018 2018 2014-2018 IBRD and IDA commitments 1,788 9,627 1,800 7,264 80 6,977 4,612 31,874 Undisbursed balances 8,265 8,265 3,554 3,554 6,265 6,265 22,792 22,792 Gross disbursements 1,957 7,775 1,045 8,096 814 5,829 4,728 26,194 Repayments 2,018 10,501 439 2,047 212 683 2,965 14,830 Net disbursements -61 -2,727 606 6,049 602 5,146 1,763 11,364 Interest and charges 299 919 432 1,580 184 665 1,086 3,780 Net transfers -360 -3,646 174 4,469 418 4,482 677 7,584 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. Europe and Central Asia: World Bank Commitments, Disbursements, and Net Transfers I Fiscal 2014–18 millions of dollars Turkey Uzbekistan Romania Total region Item 2018 2014-18 2018 2014-18 2018 2014-18 2018 2014-18 IBRD and IDA commitments 1,492 4,049 1,440 2,858 493 2,787 4,508 29,912 Undisbursed balances 1,758 1,758 2,672 2,672 1,134 1,134 13,387 13,387 Gross disbursements 1,542 4,784 102 683 770 3,211 4,432 26,272 Repayments 1,132 4,670 26 154 215 1,409 3,459 15,788 Net disbursements 410 113 76 529 554 1,802 973 10,483 Interest and charges 117 596 15 41 92 362 736 2,848 Net transfers 293 -482 61 488 462 1,441 237 7,636 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. Latin America and the Caribbean: World Bank Commitments, Disbursements, and Net Transfers l Fiscal 2014–18 millions of dollars Argentina Colombia Mexico Total region Item 2018 2014-18 2018 2014-18 2018 2014-18 2018 2014-18 IBRD and IDA commitments 1,000 4,862 702 6,059 406 2,462 4,326 29,513 Undisbursed balances 3,124 3,124 1,113 1,113 1,294 1,294 16,338 16,338 Gross disbursements 902 3,832 1,254 5,839 423 2,179 4,290 26,058 Repayments 699 3,441 484 2,980 875 2,425 4,712 16,199 Net disbursements 204 392 770 2,859 -452 -246 -421 9,859 Interest and charges 159 674 257 1,124 365 1,298 1,517 5,828 Net transfers 44 -282 513 1,736 -817 -1,543 -1,938 4,031 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. Middle East and North Africa: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 2014–18 millions of dollars Egypt, Arab Republic of Iraq Tunisia Total region Item 2018 2014-18 2018 2014-18 2018 2014-18 2018 2014-18 IBRD and IDA commitments 2,180 6,930 1,110 4,500 930 3,044 6,375 23,736 Undisbursed balances 3,036 3,036 1,558 1,558 1,346 1,346 9,391 9,391 Gross disbursements 1,862 6,733 179 3,082 688 1,776 3,850 17,959 Repayments 394 1,390 37 119 93 671 957 4,462 Net disbursements 1,468 5,343 141 2,963 595 1,105 2,893 13,497 Interest and charges 177 441 68 134 29 140 416 1,239 Net transfers 1,291 4,902 74 2,829 567 965 2,477 12,259 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. South Asia: World Bank Commitments, Disbursements, and Net Transfers | Fiscal 2014–18 millions of dollars India Bangladesh Pakistan Total region Item 2018 2014-18 2018 2014-18 2018 2014-18 2018 2014-18 IBRD and IDA commitments 3,453 18,476 2,991 9,512 2,803 9,658 10,660 43,389 Undisbursed balances 17,162 17,162 6,996 6,996 5,126 5,126 32,052 32,052 Gross disbursements 2,530 12,912 1,333 5,335 770 5,961 5,533 27,663 Repayments 2,818 12,017 335 1,526 478 2,152 3,806 16,442 Net disbursements -289 895 999 3,810 292 3,809 1,727 11,221 Interest and charges 514 1,797 101 445 218 763 890 3,230 Net transfers -802 -903 898 3,365 74 3,046 837 7,991 Note: The table shows the three countries with the largest lending commitments in the region over the past two fiscal years (2017 and 2018). 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. Operations Approved for IBRD and IDA Assistance, by Region and Country | Fiscal 2018 millions of dollars IBRD IDA Total Region and Country Operations Amount Operations Amount Operations Amount Africa Africa (regional) 2 10 11 1,417 13 1,427 Angola 4 460 0 4 460 Benin 0 2 260 2 260 Burkina Faso 0 5 545 5 545 Burundi 0 3 120 3 120 Cabo Verde 0 2 35 2 35 Cameroon 1 200 6 465 7 665 Central African Republic 0 4 80 4 80 Chad 0 2 57 2 57 Congo, Democratic Republic of 0 1 200 1 200 Congo, Republic of 2 50 1 100 3 150 Cote d'Ivoire 1 200 6 890 7 1,090 Ethiopia 0 8 3,122 8 3,122 Gabon 1 200 0 1 200 Gambia, The 0 2 71 2 71 Ghana 0 2 250 2 250 Guinea 0 2 70 2 70 Guinea-Bissau 0 2 40 2 40 Kenya 0 8 1,280 8 1,280 Lesotho 0 2 28 2 28 Liberia 0 2 27 2 27 Madagascar 0 7 385 7 385 Malawi 0 2 260 2 260 Mali 0 4 178 4 178 Mauritania 0 2 46 2 46 Mozambique 0 6 525 6 525 Niger 0 3 200 3 200 Nigeria 0 8 2,586 8 2,586 Rwanda 0 5 450 5 450 Sao Tome and Principe 0 2 18 2 18 Senegal 0 5 360 5 360 Sierra Leone 0 3 40 3 40 Tanzania 0 2 500 2 500 Togo 0 3 102 3 102 Uganda 0 2 640 2 640 Zambia 0 2 63 2 63 Total 11 1,120 127 15,410 138 16,530 East Asia and Pacific Cambodia 0 2 200 2 200 China 10 1,788 0 10 1,788 Fiji 1 15 0 1 15 Indonesia 7 1,800 0 7 1,800 Kiribati 0 1 5 1 5 Lao People's Democratic Republic 0 5 130 5 130 Marshall Islands 0 2 43 2 43 Micronesia, Federated States of 0 1 11 1 11 Mongolia 0 1 120 1 120 Pacific Islands 0 1 4 1 4 Philippines 2 378 0 2 378 Samoa 0 1 5 1 5 Solomon Islands 0 1 15 1 15 Tonga 0 1 10 1 10 Tuvalu 0 1 9 1 9 Vietnam 0 1 80 1 80 Total 20 3,981 18 631 38 4,612 Europe and Central Asia Albania 4 103 0 4 103 Armenia 1 2 0 1 2 Belarus 2 74 0 2 74 Bosnia and Herzegovina 1 61 0 1 61 Georgia 2 70 0 2 70 Kyrgyz Republic 0 4 126 4 126 Moldova 1 5 2 25 2 30 Montenegro 4 151 0 4 151 Romania 1 493 0 1 493 Serbia 4 400 0 4 400 Tajikistan 0 3 67 3 67 Turkey 4 1,492 0 4 1,492 Uzbekistan 2 700 3 740 5 1,440 Total 26 3,550 12 958 37 4,508 Latin America and the Caribbean Argentina 4 1,000 0 4 1,000 Bolivia 1 252 1 48 1 300 Brazil 4 625 0 4 625 Chile 1 50 0 1 50 Colombia 3 702 0 3 702 Dominica 0 2 65 2 65 Dominican Republic 1 150 0 1 150 Ecuador 2 464 0 2 464 Grenada 0 1 30 1 30 Guyana 0 1 35 1 35 Haiti 0 3 105 3 105 Jamaica 1 15 0 1 15 Mexico 3 406 0 3 406 Nicaragua 0 3 145 3 145 Panama 2 180 0 2 180 Uruguay 2 54 0 2 54 Total 24 3,898 11 428 34 4,326 Middle East and North Africa Djibouti 0 2 30 2 30 Egypt, Arab Republic of 3 2,180 0 3 2,180 Iraq 4 1,110 0 4 1,110 Jordan 2 537 0 2 537 Lebanon 4 688 0 4 688 Morocco 3 500 0 3 500 Tunisia 5 930 0 5 930 Yemen, Republic of 0 3 400 3 400 Total 21 5,945 5 430 26 6,375 South Asia Afghanistan 0 6 366 6 366 Bangladesh 0 11 2,991 11 2,991 Bhutan 0 1 30 1 30 India 18 3,453 0 18 3,453 Maldives 0 1 12 1 12 Nepal 0 5 706 5 706 Pakistan 3 855 9 1,948 12 2,803 Sri Lanka 1 200 1 100 2 300 Total 22 4,508 34 6,152 56 10,660 Overall Total 124 23,002 207 24,010 329 47,011 Note: OECS = Organization of Eastern Caribbean States. Data includes guarantees, supplemental and additional financing operations as separate lending operations. Joint IBRD-IDA operations are included in both the IDA and IBRD number of operations count, but only once in the Total. A blank space indicates zero. Data as of 6/30/2018 World Bank Development Policy Operations | Fiscal 2018 millions of dollars Country Project ID Operation IBRD IDA Total Afghanistan P164882 Incentive Program Development Policy Financing 0 90 90 Benin P160700 First Fiscal Reform and Growth Development Policy Financing 0 40 40 Bhutan P164290 Strengthening Fiscal Management and Private Sector Employment Opportunities Development Policy Financing 0 30 30 Burkina Faso P163283 Second Energy and Fiscal Management Development Policy Financing 0 75 75 Cameroon P163657 Fiscal Consolidation and Inclusive Growth Development Policy Financing 200 0 200 Central African P164442 Second State Consolidation Development Policy Financing 0 25 25 Colombia P161642 Second Sustainable Development and Green Growth Development Policy Financing 500 0 500 Cote d'Ivoire P163284 Second Fiscal Management, Education, Energy, and Cocoa Reforms Development Policy Financing 0 125 125 Dominican Repub P159351 Disaster Risk Management Development Policy Financing with a Deferred Drawdown Option for Catastrophe Risks 150 0 150 Egypt, Arab Rep P164079 Third Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Financing 1,150 0 1,150 Fiji P165276 Fiscal Sustainability and Climate Resilience Development Policy Financing 15 0 15 Gabon P159508 Fiscal Consolidation and Inclusive Growth Development Policy Financing 200 0 200 Georgia P155553 Second Programmatic Private Sector Competitiveness Development Policy Financing 50 0 50 Ghana P157343 Second Macroeconomic Stability for Competitiveness and Growth Development Policy Financing 0 200 200 Grenada P164289 First Fiscal Resilience and Blue Growth Development Policy Financing 0 30 30 Guyana P165425 First Programmatic Financial and Fiscal Stability Development Policy Financing 0 35 35 Indonesia P161475 Second Fiscal Reform Development Policy Financing 300 0 300 Indonesia P163973 Second Indonesia Maritime Logistics Reform Development Policy Financing 300 0 300 Jordan P166360 First Equitable Growth and Job Creation Programmatic Development Policy Financing 389 0 389 Kenya P161562 Disaster Risk Management Development Policy Financing with a Deferred Drawdown Option for Catastrophe Risks 0 200 200 Kiribati P161794 Fourth Economic Reform Development Policy Financing 0 5 5 Liberia P162111 Fourth Poverty Reduction Support Development Policy Financing 0 20 20 Madagascar P162279 Inclusive and Resilient Growth Development Policy Financing 0 45 45 Madagascar P164137 Second Public Finance Sustainability and Investment Development Policy Financing 0 45 45 Mauritania P163057 Second Fiscal Consolidation and Private Sector Support Development Policy Financing 0 26 26 Mongolia P162402 First Economic Management Support Operation Development Policy Financing 0 120 120 Montenegro P166205 First Fiscal and Financial Sector Resilience Policy-Based Guarantee 93 0 93 Nepal P160792 First Programmatic Fiscal and Public Financial Management Development Policy Financing 0 200 200 Niger P163318 Fostering Rural Growth Reform Development Policy Financing 0 120 120 Panama P166159 Third Programmatic Shared Prosperity Development Policy Financing 100 0 100 Romania P166303 Disaster Risk Management Development Policy Financing with a Deferred Drawdown Option for Catastrophe Risks 493 0 493 Rwanda P162671 First Programmatic Energy Sector Development Policy Financing 0 125 125 Samoa P162104 First Resilience Development Policy Financing 0 5 5 São Tomé and Príncipe P161707 Second Strengthening Growth and Fiscal Policy Development Policy Financing 0 6 6 Serbia P161184 Second Public Expenditure and Public Utilities Development Policy Financing 200 0 200 Sierra Leone P165639 First Productivity and Transparency Support Credit Development Policy Financing (Supplemental Financing) 0 10 10 Country Project ID Operation IBRD IDA Total Togo P159844 Fiscal Management and Infrastructure Reform First Development Policy Financing 0 52 52 Tonga P167330 Second Inclusive Growth Development Policy Financing (Supplemental Financing) 0 10 10 Tunisia P161483 Investment, Competitiveness, and Inclusion Development Policy Financing 500 0 500 Turkey P162071 Resilience, Inclusion, and Growth Development Policy Financing 400 0 400 Uzbekistan P166019 Reforms for a Sustainable Transformation toward a Market Economy Project 0 500 500 Total 5,040 2,139 7,179 Note: Numbers may not add to totals because of rounding. World Bank Development Policy Commitments | Fiscal 2014–18 2014 2015 2016 2017 2018 Region ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) ($ millions) (percent) Africa 926 9 2,440 25 760 5 1,009 11 1,514 21 East Asia and Pacific 1,770 17 822 8 1,695 11 1,054 11 755 11 Europe and Central Asia 2,506 24 2,562 26 3,050 20 1,347 14 1,736 24 Latin America and the Caribbean 2,832 27 2,930 30 4,475 30 2,029 21 815 11 Middle East and North Africa 1,300 12 430 4 3,450 23 3,519 37 2,039 28 South Asia 1,152 11 620 6 1,670 11 626 7 320 4 Total 10,487 100 9,804 100 15,100 100 9,584 100 7,179 100 World Bank development policy loan commitments IBRD 7,997 76 7,207 74 13,210 87 7,644 80 5,040 70 IDA 2,489 24 2,597 26 1,890 13 1,940 20 2,139 30 Total 10,487 100 9,804 100 15,100 100 9,584 100 7,179 100 World Bank total lending commitments IBRD 18,604 23,528 23,528 22,611 23,002 IDA 22,239 18,966 18,966 19,463 24,010 Total 40,843 42,495 42,495 42,074 47,012 Share of development policy commitments 26 23 36 23 15 Note: Numbers may not add to totals because of rounding. IDA total lending commitments for fiscal 2017 do not include a $50 million grant for the Pandemic Emergency Financing Facility. IBRD and IDA Cumulative Lending by Sector, by Region | Fiscal 2014-18 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 Sector Agriculture, Fishing, and Forestry 157 1,824 426 1,062 646 1,396 5,511 Education 124 1,008 565 3,836 868 835 7,236 Energy and Extractives 1,063 3,021 5,449 1,665 4,183 2,620 18,001 Financial Sector 582 785 4,160 1,351 2,633 583 10,093 Health 242 1,378 1,230 2,059 951 400 6,260 Industry, Trade, and Services 354 2,939 3,217 2,348 2,514 1,010 12,383 Information and Communications Technologies 64 216 148 160 600 184 1,373 Public Administration 978 3,077 4,410 6,094 4,025 789 19,373 Social Protection 160 843 1,693 3,124 2,121 15 7,957 Transportation 308 3,943 3,923 3,114 1,373 3,806 16,467 Water, Sanitation, and Waste Management 549 3,247 1,344 2,811 1,952 2,919 12,822 Total 4,580 22,280 26,567 27,624 21,866 14,557 117,474 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 Sector Agriculture, Fishing, and Forestry 5,350 1,721 733 88 6 2,324 10,222 Education 4,482 748 114 129 126 4,994 10,591 Energy and Extractives 8,574 832 600 67 138 4,426 14,637 Financial Sector 1,090 218 200 100 27 1,937 3,573 Health 4,790 329 181 204 402 1,548 7,454 Industry, Trade, and Services 3,295 227 304 132 101 1,851 5,910 Information and Communications Technologies 802 221 82 23 9 409 1,546 Public Administration 8,866 871 202 322 13 3,490 13,764 Social Protection 6,432 487 137 177 664 2,046 9,943 Transportation 6,157 2,334 440 462 184 2,845 12,422 Water, Sanitation, and Waste Management 5,501 1,607 262 186 179 3,052 10,787 Total 55,339 9,593 3,256 1,889 1,850 28,923 100,849 Note: Figures are cumulative since fiscal 2014, the first year for which reclassified sector and theme data are available. 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. As of fiscal year 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Please visit projects.worldbank.org/theme for more information on changes. IBRD and IDA Cumulative Lending, by Country | Fiscal 1945–2018 millions of dollars IBRD IDA IBRD/IDA Country Amount Amount Amount Afghanistan 4,086 4,086 Africa (regional) 354 13,552 13,906 Albania 1,456 950 2,406 Algeria 5,892 5,892 Angola 1,442 1,024 2,466 Antigua and Barbuda 10 10 Argentina 34,139 34,139 Armenia 978 1,408 2,385 Australia 418 418 Austria 106 106 Azerbaijan 2,864 1,128 3,993 Bahamas, The 43 43 Bangladesh 46 29,202 29,248 Barbados 153 153 Belarus 1,685 1,685 Belgium 76 76 Belize 131 131 Benin 2,341 2,341 Bhutan 350 350 Bolivia 1,132 2,810 3,942 Bosnia and Herzegovina 666 1,440 2,106 Botswana 1,041 16 1,057 Brazil 60,294 60,294 Bulgaria 3,260 3,260 Burkina Faso 2 4,785 4,787 Burundi 5 2,136 2,140 Cabo Verde 54 434 487 Cambodia 1,350 1,350 Cameroon 2,065 3,077 5,141 Central African Republic 966 966 Central America (regional) 32 32 Chad 40 1,552 1,592 Chile 4,427 19 4,446 China 52,072 9,947 62,018 Colombia 25,508 20 25,527 Comoros 179 179 Congo, Dem. Rep. 330 7,367 7,697 Congo, Rep. 392 758 1,150 Costa Rica 2,256 6 2,262 Côte d'Ivoire 3,088 5,338 8,425 Croatia 4,646 4,646 Cyprus 419 419 Czech Republic 776 776 Denmark 85 85 Djibouti 313 313 Dominica 7 105 111 IBRD IDA IBRD/IDA Country Amount Amount Amount Dominican Republic 2,518 22 2,540 East Asia (regional) 17 17 Ecuador 4,673 37 4,709 Egypt, Arab Rep. 18,447 1,984 20,431 El Salvador 2,323 26 2,348 Equatorial Guinea 45 45 Eritrea 549 549 Estonia 151 151 Eswatini 202 8 210 Ethiopia 109 20,206 20,314 Europe and Central Asia (regional) 810 174 984 Fiji 274 274 Finland 317 317 France 250 250 Gabon 874 874 Gambia, The 529 529 Georgia 1,243 1,550 2,792 Ghana 407 9,683 10,090 Greece 491 491 Grenada 32 112 143 Guatemala 3,818 3,818 Guinea 75 1,930 2,006 Guinea-Bissau 493 493 Guyana 80 449 529 Haiti 3 1,942 1,945 Honduras 717 2,320 3,037 Hungary 5,661 5,661 Iceland 47 47 India 60,786 50,932 111,717 Indonesia 52,785 2,875 55,661 Iran, Islamic Rep. 3,413 3,413 Iraq 4,907 509 5,415 Ireland 153 153 Israel 285 285 Italy 400 400 Jamaica 2,730 2,730 Japan 863 863 Jordan 4,927 185 5,112 Kazakhstan 9,164 9,164 Kenya 1,181 11,368 12,549 Kiribati 92 92 Korea, Rep. 15,587 111 15,698 Kosovo 253 253 Kyrgyz Republic 1,491 1,491 Lao PDR 1,598 1,598 Latvia 985 985 Lebanon 3,076 100 3,176 Lesotho 155 720 875 Liberia 156 1,265 1,421 IBRD IDA IBRD/IDA Country Amount Amount Amount Lithuania 491 491 Luxembourg 12 12 Macedonia, FYR 1,455 379 1,833 Madagascar 33 4,599 4,632 Malawi 124 4,375 4,499 Malaysia 4,151 4,151 Maldives 235 235 Mali 2 3,661 3,663 Malta 8 8 Marshall Islands 74 74 Mauritania 146 1,245 1,391 Mauritius 828 20 848 Mexico 55,321 55,321 Micronesia, Fed. Sts. 80 80 Moldova 439 921 1,360 Mongolia 891 891 Montenegro 464 75 539 Morocco 16,780 51 16,831 Mozambique 6,757 6,757 Myanmar 33 3,322 3,355 Namibia 15 15 Nepal 5,868 5,868 Netherlands 244 244 New Zealand 127 127 Nicaragua 234 2,234 2,468 Niger 3,063 3,063 Nigeria 7,143 17,348 24,491 Norway 145 145 a OECS countries 103 203 306 Oman 157 157 Pacific Islands 21 21 Pakistan 10,427 23,438 33,864 Panama 3,251 3,251 Papua New Guinea 787 613 1,399 Paraguay 1,706 46 1,751 Peru 13,099 13,099 Philippines 18,766 294 19,060 Poland 16,159 16,159 Portugal 1,339 1,339 Romania 14,018 14,018 Russian Federation 14,151 14,151 Rwanda 3,788 3,788 Samoa 269 269 São Tomé and Príncipe 148 148 Senegal 165 4,988 5,153 Serbia 3,183 689 3,872 Seychelles 62 62 Sierra Leone 19 1,401 1,420 Singapore 181 181 IBRD IDA IBRD/IDA Country Amount Amount Amount Slovak Republic 425 425 Slovenia 178 178 Solomon Islands 164 164 Somalia 492 492 South Africa 4,146 4,146 South Asia (regional) 766 766 South Sudan 214 214 Spain 479 479 Sri Lanka 793 5,868 6,661 St. Kitts and Nevis 23 2 25 St. Lucia 37 71 108 St. Vincent and the Grenadines 12 69 81 Sudan 166 1,353 1,519 Syrian Arab Republic 613 47 661 Taiwan, China 329 15 345 Tajikistan 1,091 1,091 Tanzania 319 13,645 13,964 Thailand 9,143 125 9,268 Timor-Leste 15 118 133 Togo 20 1,354 1,374 Tonga 154 154 Trinidad and Tobago 334 334 Tunisia 10,214 75 10,289 Turkey 40,411 179 40,590 Turkmenistan 90 90 Tuvalu 54 54 Uganda 9 9,367 9,376 Ukraine 12,449 12,449 Uruguay 4,387 4,387 Uzbekistan 2,029 2,510 4,540 Vanuatu 148 148 Venezuela, RB 3,328 3,328 Vietnam 3,458 20,508 23,966 Yemen, Rep. 5,055 5,055 Yugoslavia 6,091 6,091 Zambia 679 4,086 4,765 Zimbabwe 983 662 1,645 Overall total 704,348 369,544 1,073,892 Note: Effective fiscal 2005, lending includes guarantees and guarantee facilities. Joint IBRD-IDA operations are counted only once, as IBRD operations. When more than one loan is made for a single project, the operation is counted only once. 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 Heavily Indebted Poor Countries (HIPC) grants of $45.5 million to Côte d'Ivoire in fiscal 2009 and a Pandemic Emergency Financing (PEF) grant of $50 million in 2017. A blank space indicates zero. Project counts for countries are not included in this table, as approved operations may be reclassified as supplemental or additional financing operations during the life of the project. Consequently, total project counts may fluctuate from year to year. The commitment totals to countries, however, remain constant regardless of the project's classification. a. OECS = Organization of Eastern Caribbean States. Active Portfolio by Region and Sector | June 30, 2018 Net commitments Region ($ billions) (percent) Africa 70.7 31 East Asia and Pacific 35.3 15 Europe and Central Asia 26.5 12 Latin America and the Caribbean 28.2 12 Middle East and North Africa 17.0 7 South Asia 52.3 23 Total 230.0 100 Net commitments Sectora ($ billions) (percent) Agriculture, Fishing, and Forestry 20.9 9 Education 18.5 8 Energy and Extractives 35.0 15 Financial Sector 8.9 4 Health 15.2 7 Industry, Trade, and Services 13.2 6 Information and Communications Technologies 2.8 1 Public Administration 20.4 9 Social Protection 17.5 8 Transportation 45.2 20 Water, Sanitation, and Waste Management 32.5 14 Total 230.0 100 Note: Portfolio of includes IBRD/IDA operations only. a. As of fiscal year 2017, new sector and theme categories have replaced the previous taxonomy as part of an internal data modernization effort. Past fiscal year data reported here have been revised to reflect the new categories and therefore may not match figures published in previous annual reports. Due to methodological changes in fiscal 2017, past year's theme data is not comparable and cannot be combined; it is therefore excluded here. Please visit projects.worldbank.org/sector and projects.worldbank.org/theme for more information on changes. Summaries of Operations Approved during Fiscal 2018 d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Great Lakes Region Displaced Persons and Border Communities Project (Additional f Financing) improves access to livelihoods and socio-economic infrastructure for displaced people AFR Africa (Regional) P163895 7/25/2017 g IPF Yes - Yes - 3.0 2.3 - and host communities in target areas of the territory of the Republic of Zambia, and supports regional learning on development responses to forced displacement. g West African Economic and Monetary Union Affordable Housing Finance Project expands AFR Africa (Regional) P161658 9/28/2017 2023 / 2048 c,g IPF - - No - 155.0 114.9 - access to long-term housing financing in WAEMU, including for underserved households. Third South West Indian Ocean Fisheries Governance and Shared Growth Project improves h AFR Africa (Regional) management of marine areas and fisheries in targeted zones and strengthens fisheries value P155642 9/29/2017 2028 / 2037 l IPF - - Yes 5.0 - - chains in the Seychelles. Third South West Indian Ocean Fisheries Governance and Shared Growth Project improves h AFR Africa (Regional) management of marine areas and fisheries in targeted zones and strengthens fisheries value P163800 9/29/2017 gu IPF - - Yes 5.0 - - chains in the Seychelles. West African Power Pool (WAPP) - Côte d’Ivoire, Liberia, Sierra Leone, and Guinea Power Interconnection Project (Additional Financing) helps reduce the cost of electricity supply at i AFR Africa (Regional) the utility level for Liberia and Sierra Leone and increases the amount of electricity traded among P163033 11/17/2017 2024 / 2055 c,g IPF Yes - Yes - 122.4 86.9 - all the participating countries. It will also help increase the technical integration of the WAPP network. Sahel Irrigation Initiative Support Project improves stakeholders' capacity to develop and j AFR Africa (Regional) manage irrigation and to increase irrigated areas using a regional ‘solutions’ approach in P154482 12/5/2017 2024 / 2055 c,g IPF - - Yes - 170.0 121.0 - participating countries across the Sahel. k West Africa Coastal Areas Resilience Investment Project strengthens the resilience of AFR Africa (Regional) P162337 4/9/2018 2023 / 2056 c,g IPF - - Yes - 190.0 129.8 targeted communities and areas in coastal Western Africa. West Africa Regional Communications Infrastructure Project (Additional Financing) l AFR Africa (Regional) increases the geographical reach of broadband networks and reduces the costs of P161836 4/25/2018 2024 / 2056 c IPF Yes - No - 20.0 13.9 communications services in Burkina Faso Strengthening the Capacity of Regional Financial Institutions in the Central African m Economic and Monetary Community Region Project strengthens the capacity of selected AFR Africa (Regional) P161368 5/4/2018 2024 / 2056 c,g IPF - - No - 35.0 24.3 Central Africa Economic and Monetary Community regional financial institutions to implement their mandates in the areas of financial stability, inclusion, and integrity. Regional Disease Surveillance Systems Enhancement (Phase Three) strengthens national n and regional cross-sectoral capacity for collaborative disease surveillance and epidemic AFR Africa (Regional) P161163 5/7/2018 2024 / 2056 c,g IPF - - Yes - 120.0 82.9 preparedness in West Africa, and provides immediate and effective response in the event of an eligible emergency. Unique Identification for Regional Integration and Inclusion Project increases the number of o AFR Africa (Regional) persons in Côte d’Ivoire and Guinea who have government-recognized proof of unique identity P161329 6/5/2018 2023 / 2056 c,g IPF - - Yes - 122.1 82.9 - that facilitates their access to services. Improved Investment Climate within the Organization for the Harmonization of Business Laws in Africa Project (Additional Financing) strengthens the Organization for the p AFR Africa (Regional) Harmonization of Business Law in Africa's institutional capacity to support, in its member P164728 6/8/2018 g IPF Yes - No - 15.0 10.5 - countries, selected aspects of investment climate reforms, including improved corporate financial reporting. Tanzania-Zambia Transmission Interconnector Project establishes cross-border transmission q AFR Africa (Regional) capacity between the Southern African Power Pool and the Eastern Africa Power Pool to enable P163752 6/18/2018 2024 / 2056 c,g IPF - - Yes - 465.0 323.3 - regional power trade. Local Development Project (Additional Financing) improves access of poor households to AFR Angola basic services and economic opportunities, and enhances local institutional capacities among P160105 7/25/2017 2022 / 2047 l IPF Yes - Yes 70.0 - - Angola's municipalities. Health System Performance Strengthening Project increases the utilization and the quality of AFR Angola P160948 3/22/2018 2025 / 2048 l IPF - - Yes 110.0 - - health care services in target provinces and municipalities. Commercial Agriculture Development Project increases productivity and market access for AFR Angola P159052 5/29/2018 2023 / 2048 l IPF - - Yes 130.0 - selected beneficiaries in the project areas. Second Water Institutional Development Project (Additional Financing) strengthens the AFR Angola institutional capacity of selected water sector agencies and increases water service coverage in P167201 6/21/2018 2024 / 2048 l IPF Yes - No 150.0 - - target cities. First Fiscal Reform and Growth Development Policy Financing supports macroeconomic stability by strengthening fiscal management and promotes economic growth by increasing AFR Benin P160700 11/28/2017 2024 / 2055 c DPF - - Yes - 40.0 28.5 - agricultural productivity and competitiveness and strengthening the power sector’s financial viability and production capacity. Rural Water Supply Universal Access Program-for-Results increases access to water supply AFR Benin P164186 5/15/2018 2024 / 2052 c,g PforR - - Yes - 220.0 149.6 services and strengthens service delivery arrangements in selected rural areas. Livestock Sector Development Support Project enhances productivity and commercialization of non-pastoral animal production in selected vhains, strengthens the country's capacity to AFR Burkina Faso P159476 7/20/2017 2023 / 2055 c IPF - - Yes - 60.0 45.3 - respond to severe crises affecting the livestock sector, and provides immediate and effective response in the event of an eligible crisis or emergency. Local Government Support Project (Additional Financing) strengthens the national capacity AFR Burkina Faso for decentralization and the institutional capacities of communes in all regions, and increases P162742 8/4/2017 g IPF Yes - Yes - 60.0 43.4 - citizen participation in local governance. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Second Energy and Fiscal Management Development Policy Financing supports government efforts to improve the financial sustainability of the energy sector, enable private AFR Burkina Faso P163283 12/14/2017 2024 / 2055 c,g DPF - - No - 75.0 53.8 - sector participation in the energy sector and diversify the energy mix, and strengthen tax collection and public procurement processes. Bagré Growth Pole Project (Additional Financing) increases private investment, employment AFR Burkina Faso P161234 3/29/2018 2024 / 2055 c IPF Yes - Yes - 50.0 35.5 - generation, and agricultural production in the project area. Water Supply and Sanitation Program-for-Results improves access to water supply and AFR Burkina Faso P164345 6/26/2018 2026 / 2048 c,g PforR - - Yes - 300.0 205.8 - sanitation services in targeted areas. Local Development for Jobs Project creates income generating oportunities for individuals and AFR Burundi businesses and improves acces to basic infrastructure in selected regions, targeting vulnerable P155060 8/22/2017 g IPF - - Yes - 50.0 36.2 - populations and medium, small, and micro-enterprises in selected value chains. Landscape Restoration and Resilience Project restores land productivity in targeted degraded AFR Burundi landscapes and, in the event of an eligible crisis or emergency, provides immediate and effective P160613 4/11/2018 g IPF - - Yes - 30.0 20.6 response to said eligible crisis or emergency. Early Grade Learning Project improves student learning and progression in early grades in AFR Burundi Burundi and provides an immediate and effective response in the event of an eligible crisis or P161600 5/24/2018 g IPF - - No - 40.0 27.6 emergency. Access to Finance for Micro, Small and Medium-Sized Enterprises Project increases access AFR Cabo Verde P163015 2/15/2018 2028 / 2058 c IPF - - Yes - 15.0 10.6 - to finance to micro, small, and medium-sized enterprises. State-Owned Enterprises Related Fiscal Management Project strengthens state-owned AFR Cabo Verde P160796 6/4/2018 2028 / 2057 c IPF - - No - 20.0 13.8 - enterprises related fiscal management. Inclusive and Resilient Cities Development Project improves urban management and access AFR Cameroon to infrastructure in selected urban areas, particularly for poor neighborhoods, and increases P156210 8/22/2017 2023 / 2047 c IPF - - Yes - 160.0 119.1 - resilience to natural hazards and other eligible crises. Strengthening Public Sector Effectiveness and Statistical Capacity Project improves the AFR Cameroon effectiveness of public spending in selected sectors and strengthens the statistics system for P151155 11/20/2017 2023 / 2047 c IPF - - Yes - 31.0 22.2 - evidence-based decision-making. Fiscal Consolidation and Inclusive Growth Development Policy Financing supports AFR Cameroon government efforts to improve fiscal sustainability and public sector management, enhance P163657 12/20/2017 2025 / 2047 c DPF - - No 200.0 - - competitiveness, and improve social services and scale up social protection. Health System Performance Reinforcement Project (Additional Financing) increases AFR Cameroon utilization and improves the quality of health services with a particular focus on reproductive, P164954 5/1/2018 2023 / 2048 c,g IPF Yes - Yes - 36.0 25.0 maternal, child, and adolescent health and nutrition services. Community Development Program Support Project Response to Forced Displacement (Additional Financing) strengthens local public finance management and participatory AFR Cameroon P164803 5/1/2018 2023 / 2048 c,g IPF Yes - No - 48.0 33.3 development processes in communes for the delivery of quality and sustainable social and economic infrastructure. Social Safety Nets for Crisis Response (Additional Financing) supports the establishment of AFR Cameroon a basic national safety net system, including piloting targeted cash transfers and public works P164830 5/1/2018 2023 / 2048 c,g IPF Yes - Yes - 60.0 41.5 programs for the poorest and most vulnerable people in participating areas of Cameroon. Education Reform Support Project improves equitable access to quality basic education, with a AFR Cameroon P160926 5/1/2018 2023 / 2048 c,g IPF - - Yes - 130.0 88.0 focus on selected disadvantaged areas. Water and Electricity Upgrading Project enhances the operational performance of Société des Eaux de Centrafrique (national urban water utility) and Energie Centrafricaine AFR Central African Republic P162245 1/17/2018 g IPF - - Yes - 20.0 14.3 - (national electric utility) and increases access to improved water supply and electricity in Bangui and selected towns. Natural Resources Governance Project improves governance and strengthens capacity in the AFR Central African Republic P161973 3/12/2018 g IPF - - Yes - 10.0 7.1 - forest and mining sectors in the Central African Republic. Second State Consolidation Development Policy Financing supports the reestablishment of AFR Central African Republic P164442 4/12/2018 g DPF - - Yes - 25.0 17.3 basic fiscal management and transparency, as well as economic recovery. Emergency Basic Education Support Project improves access to quality basic education and AFR Central African Republic P164295 6/6/2018 g IPF - - Yes - 25.0 17.4 - strengthens capacity in education sector management. Emergency Food and Livestock Crisis Response (Additional Financing) improves the AFR Chad availability of and access to food and livestock productive capacity for targeted beneficiaries P163258 9/29/2017 g IPF Yes - Yes - 16.0 11.4 - affected by the conflict in the Central African Republic on the recipient's territory. Climate Resilient Agriculture and Productivity Enhancement Project promotes the adoption AFR Chad of improved technologies leading to increased productivity and enhances the climate resilience of P162956 4/30/2018 g IPF - - Yes - 41.0 28.4 agricultural production systems in the targeted areas. Productive Inclusion Project establishes the core building blocks of a safety net system and AFR Congo, Democratic Republic of P163962 6/28/2018 g IPF - - Yes - 200.0 139.1 - improves the access of poor households to productive safety nets interventions. Commercial Agriculture Project improves productivity of farmers and market access for producer groups and micro, small, and medium agribusiness enterprises, in selected zones of the AFR Congo, Rep. P159979 7/13/2017 2022 / 2047 c IPF - - Yes - 100.0 73.0 - territory of the recipient, and provides immediate and effective response in the event of an eligible crisis or emergency. Statistics Capacity Building Project (Additional Financing) strengthens the National AFR Congo, Rep. Statistical System in the production and dissemination of quality statistics relevant for policies and P162345 4/5/2018 2032 / 2038 l IPF Yes - No 25.0 - decision making, and promotes the demand for statistical information. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Support to Enterprise Development and Competitiveness Project fosters micro-, small, and AFR Congo, Rep. medium enterprise competitiveness in the targeted sectors and targeted geographic areas of the P161590 5/30/2018 2025 / 2039 l IPF - - Yes 25.0 - Republic of Congo. Second Fiscal Management, Education, Energy, and Cocoa Reforms Development Policy Financing enhances tax revenue collection and public procurement, strengthens efficiency and AFR Côte d’Ivoire equity in the education sector, improves the performance of the electricity sector by enabling P163284 12/5/2017 2022 / 2047 c DPF - - Yes - 125.0 88.8 - private sector participation and diversification, and consolidates transparency in the management of the cocoa sector. Multisectoral Nutrition and Child Development Project increases the coverage of early AFR Côte d’Ivoire P161770 1/19/2018 2023 / 2047 c IPF - - Yes - 50.0 36.6 - childhood nutrition and development interventions in selected areas in Côte d’Ivoire. Land Policy Improvement and Implementation Project builds the capacities and institutions AFR Côte d’Ivoire necessary to support implementation of the national rural land tenure security program and to P157206 3/28/2018 2023 / 2047 c IPF - - Yes - 50.0 35.6 - register customary land rights in selected rural areas. Cashew Value-Chain Competitiveness Project increases cashew productivity, quality and AFR Côte d’Ivoire P158810 4/10/2018 2021 / 2048 l IPF - - Yes 200.0 - value-added, benefiting smallholder farmers and the cashew processing industry in Côte d’Ivoire. E-Agriculture Project increases access to digital services and leverages digital platforms to AFR Côte d’Ivoire P160418 5/25/2018 2023 / 2048 c IPF - - Yes - 70.0 46.9 improve farm productivity and access to markets. Greater Abidjan Port–City Integration Project supports the improvement of urban AFR Côte d’Ivoire management, logistics efficiency, port accessibility, and urban mobility in the Greater Abidjan Area P159697 6/29/2018 2031 / 2046 c IPF - - Yes - 315.0 215.6 - and provides immediate and effective response to an eligible crisis or emergency. CI-ENERGIES Guarantee Project refinances the short-term liabilities of the Energy Society of AFR Côte d’Ivoire Côte d’Ivoire to improve the electricity sectors’ financial performance and its ability to attract P164145 6/29/2018 gu IPF - - No - 280.0 - - investments to support the shift toward cleaner energy. Enhancing Shared Prosperity through Equitable Services Program-for-Results (Additional AFR Ethiopia Financing) improves equitable access to basic services and strengthens accountability systems P161373 9/14/2017 2023 / 2055 c,g PforR Yes - Yes - 700.0 503.0 - at the decentralized level. Rural Productive Safety Net Project supports the Government of Ethiopia in improving the AFR Ethiopia P163438 9/14/2017 g IPF - - Yes - 600.0 426.3 - effectiveness and scalability of its rural safety net system. Livestock and Fisheries Sector Development Project increases productivity and commercialization of producers and processors in selected value chains, strengthens service AFR Ethiopia P159382 12/12/2017 2024 / 2055 c IPF - - Yes - 170.0 121.1 - delivery systems in the livestock and fisheries sectors, and responds promptly and effectively to an eligible crisis or emergency. General Education Quality Improvement Program-for-Results for Equity improves internal AFR Ethiopia P163050 12/19/2017 g PforR - - Yes - 300.0 213.6 - efficiency, equitable access, and quality in general education. Electrification Program-for-Results increases access to electricity in Ethiopia and enhances AFR Ethiopia P160395 3/1/2018 2024 / 2055 c PforR - - Yes - 375.0 263.5 - institutional capacity for planning and implementation of the Government’s electrification program. Urban Institutional and Infrastructure Development Program-for-Results enhances the AFR Ethiopia institutional performance of participating urban local governments to develop and sustain urban P163452 3/14/2018 2024 / 2055 c,g PforR - - Yes - 600.0 418.4 - infrastructure, services, and local economic development. Competitiveness and Job Creation Project (Additional Financing) contributes to job creation AFR Ethiopia by attracting investments and improving competitiveness of enterprises in the targeted industrial P164429 6/25/2018 2024 / 2056 c IPF Yes - No - 175.0 121.7 - zones and their linked domestic enterprises. Economic Opportunities Program-for-Results provides economic opportunities for Ethiopians AFR Ethiopia P163829 6/26/2018 2024 / 2056 c,g PforR - - Yes - 202.0 140.6 - and refugees in an environmentally and socially sustainable way. Fiscal Consolidation and Inclusive Growth Development Policy Financing increases increasing revenue mobilization, stabilizes the wage bill, improves efficiency and transparency in AFR Gabon procurement practices to strengthen fiscal balance, improves the business climate and P159508 11/7/2017 2023 / 2037 l DPF - - Yes 200.0 - - strengthens ICT services to enhance competitiveness, and improves the efficiency of health care delivery and social protection services to protect the poor. Education Sector Support Program increases access to early childhood development and AFR Gambia, The P162890 3/28/2018 g IPF - - No - 30.0 20.6 - basic education and improves quality of teaching and learning. Electricity Restoration and Modernization Project improves the operational performance of the AFR Gambia, The National Water and Electricity Company (NAWEC) and improves the capacity of NAWEC to P163568 5/15/2018 g IPF - - Yes - 41.0 28.4 dispatch variable renewable electricity. Second Macroeconomic Stability for Competitiveness and Growth Development Policy AFR Ghana Financing strengthens institutions for more predictable fiscal outcomes, P157343 12/20/2017 2023 / 2047 c DPF - - Yes - 200.0 142.4 - improves competitiveness for job creation, and protects the poor and vulnerable. Commercial Agriculture Project (Additional Financing) improves agricultural productivity and AFR Ghana P162525 5/31/2018 2023 / 2048 c IPF Yes - No - 50.0 34.8 production of both smallholder and nucleus farms in selected project intervention areas of Ghana. Power Sector Recovery Project (Additional Financing) improves the technical and commercial AFR Guinea P160771 3/16/2018 2024 / 2055 c IPF Yes - No - 25.0 17.6 - performance of the Electricité de Guinée (national electric utility). Health Service and Capacity Strengthening Project improves the utilization of reproductive, AFR Guinea P163140 4/25/2018 2024 / 2056 c,g IPF - - Yes - 45.0 31.2 maternal, neonatal, and child health services in target regions. Safety Nets and Basic Services Project provides poor communities and households with AFR Guinea-Bissau P163901 5/18/2018 g IPF - - Yes - 15.0 10.6 greater access to basic service infrastructure and social safety nets. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Strengthening Maternal and Child Health Service Delivery Project improves coverage of AFR Guinea-Bissau P163954 5/31/2018 g IPF - - Yes - 25.0 17.2 essential maternal and child health services in Guinea-Bissau. Infrastructure Finance Public Private Partnership Project (Additional Financing) increases AFR Kenya private investment in the Kenya infrastructure market across sectors, and sustains this P162182 7/5/2017 2022 / 2047 c IPF Yes - No - 50.0 38.4 - participation over an extended period of time. Off-grid Solar Access Project for Underserved Counties increases access to modern energy AFR Kenya P160009 7/26/2017 2022 / 2047 c IPF - - No - 150.0 111.2 - services in underserved counties of Kenya. Urban Support Program-for-Results establishes and strengthens urban institutions to deliver AFR Kenya P156777 7/26/2017 2022 / 2047 c PforR - - Yes - 300.0 214.0 - improved infrastructure and services in participating countries in Kenya. Strengthen Governance for Enabling Service Delivery and Public Investment in Kenya AFR Kenya Program-for-Results improves utilization and transparency of resource management in selected P161387 9/7/2017 2022 / 2047 c PforR - - No - 150.0 110.8 - service delivery Ministries, Departments, and Agencies. Secondary Education Quality Improvement Project improves student learning in secondary AFR Kenya P160083 9/15/2017 2022 / 2047 c IPF - - Yes - 200.0 147.4 - education and transition from primary to secondary education, in targeted areas. KenGen Guarantee Project enhances KenGen’s ability to attract long-term private capital for the AFR Kenya P162422 4/26/2018 gu IPF - - No - 180.0 - sustainable development of renewable energy. Industry and Entrepreneurship Project increases innovation and productivity in select private AFR Kenya P161317 6/15/2018 2023 / 2048 c IPF - - No - 50.0 34.1 - sector firms. Disaster Risk Management Development Policy Financing with a Deferred Drawdown AFR Kenya Option for Catastrophe Risks strengthens the government's institutional, technical, and financial P161562 6/21/2018 2023 / 2048 c DPF - - No - 200.0 135.8 - capacities to manage the impact of climate and disaster risks. Smallholder Agriculture Development Project (Additional Financing) increases market AFR Lesotho output among project beneficiaries in Lesotho's smallholder agriculture sector, and improves the P162397 9/29/2017 2023 / 2047 c IPF Yes - Yes - 10.0 7.2 - recipient's capacity to respond promptly and effectively to an eligible crisis or emergency. Transport Infrastructure and Connectivity Project improves access to social services and AFR Lesotho markets in targeted rural areas of Lesotho, strengthens road safety management capacity, and P155229 11/20/2017 2023 / 2047 c IPF - - No - 18.3 13.0 - improves Lesotho's capacity to respond promptly and effectively to an eligible crisis or emergency. Land Administration Project strengthens the institutional capacity of the Liberia Land Authority AFR Liberia P162893 9/28/2017 g IPF - - Yes - 7.0 5.0 - and establishes a land administration system. Fourth Poverty Reduction Support Development Policy Financing strengthens governance, with particular emphasis on transparency and accountability as well as budget execution and AFR Liberia P162111 1/24/2018 g DPF - - Yes - 20.0 14.2 - oversight; addresses key constraints to growth, including electricity; and improves human capital development, particularly through improved access to education and health. Second Public Finance Sustainability and Investment Development Policy Financing AFR Madagascar strengthens the fiscal framework by creating fiscal space to support priority expenditures and P164137 11/16/2017 g DPF - - Yes - 45.0 31.9 - improves the environment for investment. Inclusive and Resilient Growth Development Policy Financing tackles the micro‐foundations AFR Madagascar of inclusive and resilient growth by strengthening the resilience of individuals against shocks and P162279 12/7/2017 g DPF - - Yes - 45.0 31.9 - creating an enabling environment for economic opportunities in rural communities Improving Nutrition Outcomes using the Multiphase Programmatic Approach increases utilization of an evidence-based package of reproductive, maternal and child health and nutrition AFR Madagascar P160848 12/12/2017 g IPF - - Yes - 80.0 56.7 - interventions; improves key nutrition behaviors known to reduce stunting in targeted regions; and provides immediate and effective response to an eligible crisis or emergency. Financial Inclusion Project promotes the financial inclusion of individuals and MSMEs in AFR Madagascar P161491 2/28/2018 2024 / 2055 c IPF - - Yes - 45.0 31.6 - Madagascar. Basic Education Support Project improves learning and promotion within the first two sub- AFR Madagascar P160442 3/29/2018 2024 / 2055 c IPF - - Yes - 55.0 37.8 - cycles of basic education. Integrated Urban Development and Resilience Project for Greater Antananarivo enhances urban living conditions and flood resilience in selected low-income neighborhoods of Greater AFR Madagascar P159756 5/17/2018 2024 / 2056 c IPF - - Yes - 75.0 51.6 Antananarivo and improves the government's capacity to respond promptly and effectively to an eligible crisis or emergency. Electricity Sector Operations and Governance Improvement Project (Additional Financing) improves the operational performance of the national electricity utility and the reliability of AFR Madagascar P164318 6/14/2018 2024 / 2056 c IPF Yes - No - 40.0 27.9 - electricity supply in the project area, and provides immediate and effective response in the event of an eligible crisis or emergency. Shire Valley Transformation Program (Phase One) provides access to reliable gravity fed AFR Malawi irrigation and drainage services, secures land tenure for smallholder farmers, and strengthens P158805 10/18/2017 2024 / 2055 c IPF - - Yes - 160.0 113.3 - management of wetlands and protected areas in the Shire Valley of Malawi. Lilongwe Water and Sanitation Project increases access to improved water services and safely AFR Malawi P163794 12/20/2017 2024 / 2055 c,g IPF - - Yes - 100.0 71.2 - managed sanitation services in Lilongwe City. Improving Mali's Statistical System strengthens the capacity of the National Statistical System AFR Mali to produce and publicly disseminate statistics through support to institutional development and P160977 7/6/2017 g IPF - - Yes - 20.0 14.6 - data production. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Rural Mobility and Connectivity Project improves and sustains road access of farming AFR Mali communities to markets and basic services in the project area, and provides an immediate and P160505 7/17/2017 2023 / 2055 c IPF - - Yes - 70.0 52.7 - effective response in the event of an eligible crisis or emergency. Livestock Sector Development Support Project enhances productivity and commercialization AFR Mali of non-pastoral animal production in selected value chains, and strengthens the country’s capacity P160641 2/28/2018 2024 / 2055 c,g IPF - - Yes - 60.0 42.4 - to respond to an eligible crisis or emergency. Economic & Environmental Rehabilitation of the Niger River Project demonstrates the effectiveness of navigation and port service improvement measures and the feasibility of AFR Mali environmental restoration and livelihood improvement activities at targeted sites in the Niger Inner P151909 3/16/2018 2024 / 2055 c,g IPF - - Yes - 27.8 19.2 - Delta, and improves the Recipient’s capacity to respond promptly and effectively in the event of an eligible crisis or emergency. Second Fiscal Consolidation and Private Sector Support Development Policy Financing AFR Mauritania P163057 12/20/2017 g DPF - - Yes - 26.0 18.6 - supports fiscal consolidation and private sector participation in non‐extractives sectors. Supporting Gas Project Negotiations and Enhancing Institutional Capacities supports the government's capacity to drive negotiation towards a final investment decision, and lays the AFR Mauritania P163563 3/16/2018 g IPF - - Yes - 20.0 14.3 - foundations for the gas sector’s contribution to the economy through enhanced legal and regulatory frameworks and capacity building. National Statistics and Data for Development Project improves the production and dissemination of quality socioeconomic statistics, and supports the use of data in evidence-based AFR Mozambique P162621 7/6/2017 g IPF - - Yes - 62.0 45.3 - policy making through improved capacity for cpatial development planning and aid data management. Power Efficiency and Reliability Improvement Project improves the operational capacity of the AFR Mozambique P158249 9/28/2017 g IPF - - No - 150.0 106.6 - electricit network in the project areas and the operational efficiency of Electrcity of Mozambique. Mining and Gas Technical Assistance (Additional Financing) strengthens the capacity and AFR Mozambique governance systems of key institutions to manage the mining and hydrocarbon sectors in P161683 11/1/2017 g IPF Yes - Yes - 28.0 19.9 - Mozambique. Primary Health Care Strengthening Program-for-Results improves the utilization and quality of AFR Mozambique reproductive, maternal, child, and adolescent health and nutrition services, particularly in P163541 12/20/2017 g PforR - - Yes - 80.0 57.0 - underserved areas. Integrated Feeder Road Development Project enhances road access in selected rural areas in AFR Mozambique support of the livelihoods of local communities and provides immediate response to an eligible P158231 5/8/2018 g IPF - - Yes - 150.0 106.2 crisis or emergency as needed. Smallholder Irrigated Agriculture and Market Access Project improves smallholder agriculture AFR Mozambique productivity and market access in the project areas developed with irrigation and provides P164431 6/29/2018 g IPF - - Yes - 55.0 38.3 - immediate and effective response to an eligible crisis or emergency. AFR Niger Fostering Rural Growth Reform Development Policy Financing fosters rural growth. P163318 12/5/2017 2024 / 2055 c,g DPF - - Yes - 120.0 85.1 - Skills Development for Growth Project (Additional Financing) helps improve the AFR Niger effectiveness of formal technical and vocational training, short-term skills development, and P163467 4/10/2018 g IPF Yes - Yes - 50.0 34.4 apprenticeship programs in priority sectors. Youth Employment and Productive Inclusion Project expands income-generating activities for AFR Niger P163157 6/14/2018 g IPF - - Yes - 30.0 20.7 - youths in selected poor areas of Niger. Electricity Transmission Project increases the transfer capacity of the transmission network in AFR Nigeria P146330 2/15/2018 2023 / 2052 c IPF - - Yes - 486.0 335.8 - Nigeria. Erosion and Watershed Management Project (Additional Financing) reduces vulnerability to AFR Nigeria P164082 6/27/2018 2023 / 2053 c IPF Yes - Yes - 400.0 279.8 - soil erosion in targeted sub-watersheds. Accelerating Nutrition Results Project increases the utilization of quality, cost-effective nutrition AFR Nigeria services for pregnant and lactating women, adolescent girls, and children under five years of age P162069 6/27/2018 2023 / 2048 c IPF - - Yes - 225.0 156.5 - in select areas of Nigeria. Electrification Project increases access to electricity services for households; public educational AFR Nigeria P161885 6/27/2018 2023 / 2048 c IPF - - Yes - 350.0 243.4 - institutions; and underserved micro-, small, and medium enterprises. Fiscal Governance and Institutions Project improves the credibility of public finance and AFR Nigeria P163540 6/27/2018 2023 / 2048 c IPF - - Yes - 125.0 87.0 - national statistics. AFR Nigeria For Women Project supports improved livelihoods for women in targeted areas of Nigeria. P161364 6/27/2018 2023 / 2048 c IPF - - Yes - 100.0 69.6 - Polio Eradication Support Project (Additional Financing) assists Nigeria, as part of a global AFR Nigeria polio eradication effort, to achieve and sustain at least 80 percent coverage with oral poliovaccine P165247 6/27/2018 2023 / 2048 c IPF Yes - No - 150.0 104.4 - immunization in every state, and sustain national routine immunization coverage. States Fiscal Transparency, Accountability and Sustainability Program-for-Results AFR Nigeria P162009 6/27/2018 2023 / 2048 c PforR - - Yes - 750.0 521.6 - strengthens fiscal transparency, accountability, and sustainability in participating states. Priority Skills for Growth Program-for-Results expands opportunities for the acquisition of AFR Rwanda P252350 7/5/2017 2023 / 2055 c PforR - - Yes - 120.0 87.6 - quality, market-relevant skills in selected economic sectors. First Programmatic Energy Sector Development Policy Financing enables fiscally AFR Rwanda P162671 12/1/2017 2024 / 2055 c DPF - - Yes - 125.0 88.5 - sustainable expansion of electricity services in Rwanda. Strengthening Social Protection Project improves the effectiveness of Rwanda’s social AFR Rwanda protection system, notably the flagship Vision 2020 Umurenge Program (VUP), for targeted P162646 12/18/2017 2024 / 2055 c IPF - - Yes - 80.0 56.7 - vulnerable groups. Stunting Prevention and Reduction Project contributes to the reduction in the stunting rate AFR Rwanda P164845 2/28/2018 2024 / 2055 c IPF - - Yes - 25.0 17.6 - among children under 5 years of age (with a focus on under 2) in the targeted districts. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Fourth Transformation of Agriculture Sector Program-for-Results (Phase Two) promotes AFR Rwanda P161876 5/29/2018 2024 / 2056 c PforR - - No - 100.0 69.6 the commercialization of agriculture value chains in Rwanda. Second Strengthening Growth and Fiscal Policy Development Policy Financing helps the AFR São Tomé and Príncipe government introduce growth-enabling reforms in the financial sector, business environment, and P161707 5/18/2018 g DPF - - No - 6.0 4.2 infrastructure; generate fiscal resources and savings; and improve the quality of expenditures. Institutional Capacity Building Project contributes to improved capacity of public institutions to AFR São Tomé and Príncipe supervise the banking system, promote access to finance, manage public finances, and produce P162129 5/18/2018 g IPF - - Yes - 12.0 8.3 national statistics. Urban Water and Sanitation Project (Additional Financing) improves access to water and AFR Senegal P162537 7/6/2017 2023 / 2055 c IPF Yes - Yes - 30.0 23.1 - sanitation services in selected urban areas in a financially sustainable manner. Municipal and Agglomerations Support Program-for-Results improves local government AFR Senegal financing and enhances the performance of participating urban local governments in managing P157097 1/30/2018 2024 / 2055 c PforR - - Yes - 110.0 79.7 - public investments. Quality Improvement and Equity of Basic Education (Additional Financing) helps improve AFR Senegal learning outcomes for early grades, increases access to science and mathematics tracks for P163575 5/31/2018 2024 / 2056 c IPF Yes - Yes - 60.0 40.2 secondary schools, and improves equity in access to basic education. Saint-Louis Emergency Recovery and Resilience Project reduces the vulnerability of AFR Senegal populations to coastal hazards along the Langue de Barbarie and strengthens urban and coastal P166538 6/7/2018 2024 / 2056 c IPF - - No - 30.0 20.3 - resilience planning of the city of Saint-Louis. Rural Water Supply and Sanitation Project increases access to improved water and sanitation AFR Senegal P164262 6/22/2018 2028 / 2043 c IPF - - No - 130.0 88.7 - services in selected rural areas and strengthens capacity for water resources management. Extractive Industries Technical Assistance Project (Phase Two) strengthens governance, AFR Sierra Leone P160719 11/22/2017 g IPF - - Yes - 20.0 14.2 - knowledge, and sustainability of the extractives sector in Sierra Leone. First Productivity and Transparency Support Credit Development Policy Financing AFR Sierra Leone (Supplemental Financing) increases productivity in selected economic sectors and improves P165639 11/30/2017 g DPF - - No - 10.0 7.2 - transparency and accountability in selected government decision making processes. Freetown Emergency Recovery Project rehabilitates selected critical infrastructure and AFR Sierra Leone P166075 2/22/2018 g IPF - - No - 10.0 7.1 - strengthens government capacity for managing disaster risk. Resilient Natural Resource Management for Tourism and Growth improves management of AFR Tanzania natural resources and tourism assets in priority areas of Southern Tanzania and increases access P150523 9/28/2017 2023 / 2055 c IPF - - Yes - 150.0 106.6 - to alternative livelihood activities. Sustainable Rural Water Supply and Sanitation Program-for-Results increases access to AFR Tanzania rural water supply and sanitation services in participating districts and strengthens the capacity of P163732 6/26/2018 2024 / 2056 c PforR - - Yes - 350.0 243.4 - select sector institutions to sustain service delivery. Economic Governance Project improves public investment management, domestic revenue AFR Togo mobilization and public accountability, and monitoring mechanisms for better service delivery in P158078 10/3/2017 g IPF - - Yes - 15.0 10.7 - priority sectors. Energy Sector Support and Investment Project improves the operational performance of the AFR Togo P160377 12/20/2017 2024 / 2055 c IPF - - Yes - 35.0 25.2 - power sector and increase access to electricity in the capital city, Lomé. Fiscal Management and Infrastructure Reform First Development Policy Financing AFR Togo enhances tax revenues, improves the efficiency of tax collection and public investment spending, P159844 12/20/2017 g DPF - - No - 51.9 37.0 - and strengthens the financial viability and service delivery in key infrastructure sectors. Support to Municipal Infrastructure Development Program-for-Results (Additional AFR Uganda Financing) enhances the institutional performance of local governments to improve urban service P163515 5/15/2018 2024 / 2056 c,g PforR Yes - Yes - 360.0 249.0 delivery. Integrated Water Management and Development Project improves access to water supply and AFR Uganda sanitation services, integrated water resources management, and operational performance of P163782 6/14/2018 2024 / 2056 c,g IPF - - Yes - 280.0 194.8 - water and sanitation service providers in project areas. Education Enhancement Project improves the quality of teaching and learning in mathematics AFR Zambia and science in targeted primary and secondary schools and increases equitable access to P158570 8/29/2017 2023 / 2047 c IPF - - No - 60.0 43.2 - secondary education. Second Scaling Solar Guarantee increases solar electricity generation capacity and diversify AFR Zambia P163958 12/20/2017 gu IPF - - No - 2.8 - - electricity generation sources in Zambia. Higher Education Improvement Project improves the quality and relevance of higher education EAP Cambodia and research, mainly in science, technology, engineering, and mathematics (STEM) and P162971 4/26/2018 2024 / 2056 c IPF - - No - 90.0 61.8 agriculture, at targeted higher education institutions, and improves governance in the sector. Road Asset Management Project (Phase Two, Additional Financing) improves the condition, EAP Cambodia P165249 6/21/2018 2024 / 2056 c IPF Yes - No - 110.0 76.5 - safety, and climate resilience of selected national road corridors in Cambodia. Hunan Integrated Management of Agricultural Land Pollution Project demonstrates a risk- EAP China based integrate approach to managing heavy metal pollution in agricultural land for safety of P153115 8/22/2017 2023 / 2043 l IPF - - Yes 100.0 - - agricultural production areas in selected counties in Hunan. Guangdong Compulsory Education Project improves learning facilities and teaching quality in EAP China P154621 10/31/2017 2023 / 2042 l IPF - - No 120.0 - - selected public primary and junior secondary schools in project counties. Jiangxi Farm Produce Distribution System Development improves the distribution systems of EAP China P147009 12/15/2017 2023 / 2041 l IPF - - No 150.0 - - selected farm products in participating counties of Jiangxi. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Hubei Inland Waterway Improvement Project improves inland waterway transport capacity and EAP China P158717 5/18/2018 2023 / 2043 l IPF - - Yes 150.0 - reliability along the Han River in support of low carbon development. Liaoning Safe and Sustainable Urban Water Supply Project improves water quality and EAP China P158713 6/6/2018 2024 / 2044 l IPF - - No 250.0 - - operational efficiency of selected water supply utilities in the project areas. Jiangxi Integrated Rural and Urban Water Supply and Wastewater Management Project EAP China increases access to and improves the operating efficiency of the water supply system, and pilots P158760 6/6/2018 2024 / 2046 l IPF - - No 200.0 - - improved wastewater management services in selected counties in Jiangxi Province. Zhejiang Qiandao Lake and Xin'an River Basin Water Resources and Ecological Environment Protection Project strengthens integrated pollution and watershed management EAP China P159870 6/6/2018 2024 / 2043 l IPF - - No 150.0 - - and increases access to improved water supply in selected landscapes in support of Zhejiang’s program for the protection of Qiandao Lake and Xin’an River Basin. Hezhou Urban Water Infrastructure and Environment Improvement Project improves flood EAP China P158622 6/13/2018 2025 / 2050 l IPF - - No 150.0 - - risk management and reduces discharge of water pollutants in Hezhou Municipality. Anhui Aged Care System Demonstration Project supports the government of Anhui in EAP China developing and managing a diversified, three-tiered aged care service delivery system for the P154716 6/19/2018 2023 / 2043 l IPF - - Yes 118.0 - - elderly, particularly those with limited functional ability. Guangxi Poverty Reduction Program-for-Results enhances the impact and efficiency of the EAP China P163138 6/22/2018 2024 / 2044 l PforR - - No 400.0 - - Guangxi Consolidated Poverty Reduction Program in the targeted counties. Pacific Aviation Safety Office Reform Project (Second Additional Financing) strengthens the r EAP East Asia and Pacific (Regional) coordination capacity of the Pacific Aviation Safety Office to deliver regional aviation safety and P164468 5/23/2018 g IPF Yes - No - 3.6 2.5 security oversight and technical and advisory services to the Pacific Island Countries. Fiscal Sustainability and Climate Resilience Development Policy Financing supports the EAP Fiji government’s effort to strengthen medium‐term fiscal sustainability, improve the investment P165276 4/2/2018 2023 / 2032 l DPF - - Yes 15.0 - climate, and build climate resilience. Indonesia Tourism Development Project improves the quality of, and access to, tourism- EAP Indonesia relevant basic infrastructure and services; strengthens local economy linkages to tourism; and P157599 5/30/2018 2025 / 2031 l IPF - - No 300.0 - attracts private investment in selected tourism destinations in Indonesia. Second Fiscal Reform Development Policy Financing improves the quality of spending, EAP Indonesia P161475 10/31/2017 2023 / 2037 l DPF - - No 300.0 - - strengthens the revenue administration, and enhances tax policy. National Urban Water Supply Project provides access to improved water sources for the EAP Indonesia population and strengthens the operational performance of water service providers in selected P156125 6/6/2018 2025 / 2031 l IPF - - Yes 100.0 - - urban areas. Supporting Primary Health Care Reform Program-for-Results strengthens the performance of EAP Indonesia P164277 6/13/2018 2025 / 2031 l PforR - - No 150.0 - - Indonesia’s primary health care system. Strategic Irrigation Modernization and Urgent Rehabilitation Project improves irrigation EAP Indonesia P157585 6/21/2018 2026 / 2034 l IPF - - Yes 250.0 - - services and strengthens accountability of irrigation schemes management in selected areas. Investing in Nutrition and Early Years Program-for-Results increases simultaneous utilization EAP Indonesia of nutrition interventions by households with pregnant women or children under the age of two in P164686 6/21/2018 2024 / 2032 l PforR - - Yes 400.0 - - priority districts. Second Indonesia Maritime Logistics Reform Development Policy Financing reduces the EAP Indonesia P163973 6/28/2018 2023 / 2038 l DPF - - No 300.0 - - costs and improves the reliability of the logistics chain in Indonesia. Fourth Economic Reform Development Policy Financing strengthens public financial EAP Kiribati P161794 11/22/2017 g DPF - - Yes - 5.0 3.6 - management and improves the environment for inclusive growth. Mekong Integrated Water Resources Management (Phase One, Additional Financing) EAP Lao PDR P159447 7/6/2017 2022 / 2047 c IPF Yes - Yes - 25.0 18.3 - improves water resource and fisheries management in selected areas of the Lower Mekong Basin. Southeast Asia Disaster Risk Management Project reduces the impacts of flooding in Muang EAP Lao PDR Xay and enhances the Government's capacity to provide hydro-meteorological services and P160930 7/6/2017 2022 / 2047 c IPF - - No - 30.0 21.9 - disaster response. Health Governance and Nutrition Development Project (Additional Financing) helps EAP Lao PDR increase coverage of reproductive, maternal and child health, and nutrition services in targeted P163949 9/27/2017 2023 / 2047 c IPF Yes - Yes - 10.0 7.2 - areas in Lao PDR. Agriculture Competitiveness Project increases the competitiveness of selected agricultural EAP Lao PDR P161473 4/26/2018 2023 / 2048 c IPF - - Yes - 25.0 17.2 value chains in the project areas. National Road 13 Improvement and Maintenance Project improves the road condition, safety, EAP Lao PDR P163730 5/18/2018 2023 / 2048 c IPF - - No - 40.0 27.7 and climate resilience on critical sections of National Road 13. Sustainable Energy Development Project increases the share of renewable energy generation EAP Marshall Islands in the the Marshall Islands and enhances the reliability of electricity supply and improves energy P160910 12/15/2017 g IPF - - Yes - 34.0 24.3 - efficiency in the project Aareas. Project to Strengthen Budget Execution and Financial Reporting Systems improves the EAP Marshall Islands completeness, reliability, and timeliness of the government’s annual financial statements and the P163131 5/30/2018 g IPF - - Yes - 9.0 6.2 availability of reliable socioeconomic statistics. Project for Strengthening Public Financial Management improves tax administration and the EAP Micronesia, Federated States of P161969 5/30/2018 g IPF - - No - 11.0 7.6 completeness, reliability, and timeliness of financial reports of the national and state governments. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) First Economic Management Support Operation Development Policy Financing restores EAP Mongolia P162402 11/30/2017 2022 / 2047 c DPF - - Yes - 120.0 86.7 - debt sustainability, strengthens the social protection system, and enhances competitiveness. Metro Manila Flood Management Project improves flood management in selected areas of EAP Philippines P153814 9/28/2017 2031 / 2042 l IPF - - Yes 207.6 - - Metro Manilla. Rural Development Project (Additional Financing) increases rural incomes and enhances farm EAP Philippines and fishery productivity in the targeted areas by supporting smallholders and fisher folk to P161944 1/11/2018 2030 / 2041 l IPF Yes - No 170.0 - - increase their marketable surpluses, and their access to markets. First Resilience Development Policy Financing strengthens Samoa’s macroeconomic and EAP Samoa financial resilience and increases Samoa's resilience to the effects of climate change, natural P162104 10/31/2017 g DPF - - Yes - 5.0 3.6 - disasters, and non-communicable diseases. Community Access and Urban Services Enhancement Project improves basic infrastructure EAP Solomon Islands P161320 4/2/2018 g IPF - - Yes - 15.0 10.4 and services for vulnerable urban populations in targeted urban centers of the Solomon Islands. Second Inclusive Growth Development Policy Financing (Supplemental Financing) supports fiscal resilience by means of strengthened revenue mobilization and strategic fiscal and debt policies; improved government accountability and private sector regulation by improving compliance with public procurement regulations, improving budgetary classifications, improving EAP Tonga P167330 6/15/2018 g DPF - - Yes - 10.0 7.0 - the adequacy of responses to external audit, and introducing new regulatory frameworks into selected sectors; and a more dynamic and inclusive economy by adopting investor-friendly foreign investment legislation, extending coverage of the credit bureau, improving oversight and private participation in public enterprises, and introducing regulation to private sector labor markets. Aviation Investment Project (Third Additional Financing) improves the safety and security of EAP Tuvalu P163856 11/16/2017 g IPF Yes - No - 8.8 6.2 - air transport and associated infrastructure. Dynamic City Integrated Development Project improves access to urban infrastructure and to EAP Vietnam P160162 6/22/2018 2023 / 2042 c IPF - - No - 80.0 56.7 - improve integrated urban planning and management in Thai Nguyen city. Water Resources and Irrigation Project (Additional Financing) establishes the strategic ECA Albania framework to manage water resources at the national level and at the level of the Drin-Buna and P162786 2/22/2018 2025 / 2042 l IPF Yes - No 27.2 - - Semani River basins and improves irrigation service delivery in selected irrigation systems. Regional and Local Roads Connectivity Project improves access to selected agricultural and ECA Albania P163239 4/25/2018 2024 / 2047 l IPF - - Yes 50.0 - tourism centers and strengthens their municipalities’ capacity to manage their road assets. Social Assistance Modernization Project (Additional Financing) supports ECA Albania Albania’simplementation of reforms to improve the equity and efficiency of its social assistance P162079 5/4/2018 2025 / 2045 l IPF Yes - No 11.0 - programs. Dam Safety Project in Support of the Energy Community of Southeast Europe Program (Phase Five, Second Additional Financing) contributes to safeguarding the major hydroelectric ECA Albania P166469 5/25/2018 2025 / 2040 l IPF Yes - No 14.9 - dams of Albania and improves their operational efficiency, and enhances the stability of the power supply for the regional electricity market. Irrigation System Enhancement Project (Additional Financing) reduces the amount of energy used, improves the irrigation conveyance efficiency in targeted irrigation schemes, and improves ECA Armenia P161538 11/14/2017 2032 / 2042 l IPF Yes - Yes 2.0 - - the availability and reliability of important sector data and information for decision-makers and other stakeholders. Micro, Small, and Medium Enterprise Access to Finance Project improves access to finance ECA Belarus for private Micro, Small, and Medium Enterprises and enhances governnace and the institutional P152276 9/28/2017 2032 / 2032 l IPF - - No 60.0 - - capacity of the Development Bank of the Republic of Belarus. Forestry Development Project (Additional Financing) enhances silvicultural management and ECA Belarus reforestation and afforestation, increases the use of felling residues, and improves the public good P165121 3/12/2018 2021 / 2029 l IPF Yes - No 14.4 - - contribution from forests in targeted forest areas. Republika Srpska Railways Restructuring Project improves the operational efficiency and ECA Bosnia and Herzegovina P161122 12/7/2017 2025 / 2049 l IPF - - Yes 60.6 - - financial sustainability of the railways in Republika Srpska. Second Programmatic Private Sector Competitiveness Development Policy Financing increases private sector competitiveness through second generation business environment ECA Georgia P155553 7/31/2017 2032 / 2042 l DPF - - Yes 50.0 - - reforms, establishing enabling conditions for financial sector deepening and diversification, and increasing firms' capacity to innovate and to export. East West Highway Corridor Improvement Project (Additional Financing) reduces road user costs along the East-West Highway Corridor section upgraded under the project and strengthens ECA Georgia the capacity of the Roads Department and the Ministry of Economy and Sustainable Development P160152 11/8/2017 2033 / 2041 l IPF Yes - No 20.0 - - to respectively manage the road network and provide an enabling environment to improve logistics services. Heat Supply Improvement Project improves the efficiency and quality of heating in selected ECA Kyrgyz Republic P157079 10/27/2017 2024 / 2055 c,g IPF - - Yes - 46.0 32.6 - project areas. Digital Central Asia and South Asia increases access to more affordable internet, crowds in private investment in the ICT sector, and improves the government’s capacity to deliver digital ECA Kyrgyz Republic P160230 3/20/2018 2024 / 2055 c,g IPF - - Yes - 50.0 34.4 - government services in the Kyrgyz Republic, by contributing to the development of a regionally integrated digital infrastructure and enabling environment. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Central Asia South Asia Electricity Transmission and Trade Project Community Support Project engages communities in the development of social and economic infrastructure in order ECA Kyrgyz Republic P163592 4/10/2018 2024 / 2055 c,g IPF - - Yes - 10.0 7.0 to enhance services, livelihoods and inclusion in target villages near the Central Asia South Asia Electricity Transmission and Trade Project Transmission Line. Enhancing Resilience in Kyrgyzstan Project supports the government to strengthen its capacity to respond to disasters, provide a safer and improved learning environment for children, ECA Kyrgyz Republic P162635 5/25/2018 2024 / 2056 c,g IPF - - No - 20.0 13.8 and reduce adverse financial impacts of natural hazards on the government's budget and population. Modernization of Government Services in the Republic of Moldova Project supports ECA Moldova improved access, better efficiency, and higher quality of selected government administrative P148537 8/22/2017 2022 / 2051 l,c IPF - - No 5.0 15.0 10.9 - services for Moldovan citizens. Education Reform Project (Additional Financing) improves learning conditions in targeted ECA Moldova schools and strengthens Moldova's education monitoring systems, while promoting efficiency P156657 2/16/2018 2023 / 2048 c IPF Yes - No - 10.0 7.1 - reforms in the education sector. Revenue Administration Reform Project improves the effectiveness of operational functions of ECA Montenegro P149743 7/31/2017 2022 / 2042 l IPF - - No 15.7 - - Montenegro's Tax Administration and reduces the compliance costs for corporate taxpayers. First Fiscal and Financial Sector Resilience Policy-Based Guarantee supports the ECA Montenegro government's policy reform program to strengthen fiscal sustainability and financial sector P166205 12/20/2017 gu DPF - - Yes 93.0 - - resilience. Second Institutional Development and Agriculture Strengthening Project improves the ECA Montenegro competitiveness of agriculture and fisheries in Montenegro through enhanced delivery of P164424 1/30/2018 2023 / 2042 l IPF - - Yes 34.9 - - government support in alignment with EU accession requirements. Second Energy Efficiency Project improves energy efficiency in health sector buildings, and ECA Montenegro P165509 6/4/2018 2023 / 2033 l IPF - - Yes 7.4 - - develops and demonstrates a sustainable financing model. Building Disaster and Climate Resilience Program strengthens Romania’s institutional and ECA Romania legal framework to effectively manage the physical, social, and fiscal impacts of natural disasters P166303 6/26/2018 2038 / 2038 l DPF - - Yes 493.1 - - and climate change. Enhancing Infrastructure Efficiency and Sustainability Program-for-Results improves the ECA Serbia management and sustainability of select public infrastructure by strengthening government P163760 11/2/2017 2022 / 2037 l PforR - - No 118.6 - - capacity and systems, upgrading assets, and increasing expenditure efficiency. State-Owned Financial Institutions Reform Project improves the performance of Postal ECA Serbia Savings Bank and promotes the reform of development finance institutions and other state-owned P156837 3/20/2018 2023 / 2032 l IPF - - No 50.0 - - financial institutions. Second Public Expenditure and Public Utilities Development Policy Financing (a) improves public expenditure management through strengthened public financial management and public ECA Serbia administration reform; (b) improves the financial sustainability and efficiency of energy sector P161184 3/20/2018 2027 / 2037 l DPF - - No 200.0 - - public enterprises; and (C) improves the financial sustainability and efficiency of transport sector public enterprises and state-owned companies. Second Health Project (Additional Financing) contributes to improving the efficiency and quality of the public health system of the Republic of Serbia through the strengthening of: (i) ECA Serbia P166025 3/20/2018 2023 / 2032 l IPF Yes - No 31.1 - - health financing, purchasing, and maintenance systems; and (ii) quality improvement systems and management of selected priority non‐communicable diseases. Strengthening Critical Infrastructure against Natural Hazards Project strengthens the ECA Tajikistan recipient's disaster risk management capacities, enhances the reslience of its critical infrastructure P158298 7/10/2017 2023 / 2055 c,g IPF - - No - 50.0 36.4 - against natural hazards, and improves its capacity to respond to disasters. Agriculture Commercialization Project (Additional Financing) increases the commercialization of farm and agribusiness products and supports micro, small and medium ECA Tajikistan P158499 12/15/2017 2024 / 2055 c,g IPF Yes - Yes - 15.0 10.8 - enterprise development in project areas by providing better access to finance and strengthened capacity of project beneficiaries. Social Safety Net Strengthening Project improves the capacity of the Government of Tajikistan to plan, monitor, and manage social assistance for the poor through the development of a national ECA Tajikistan P165831 1/30/2018 2024 / 2055 c,g IPF Yes - Yes - 1.8 1.4 - registry of social protection and the provision of training, equipment and related items for improving said capacity. Resilience, Inclusion, and Growth Development Policy Financing increases domestic ECA Turkey savings and enhances fiscal transparency, supports the economic inclusion of vulnerable groups, P162071 8/29/2017 2022 / 2028 l DPF - - Yes 400.0 - - and addresses structural bottlenecks to sustainable growth. Second Sustainable Cities Project improves access to targeted municipal services in ECA Turkey P161915 4/12/2018 2023 / 2048 l IPF - - Yes 91.5 - participating municipalities and utilities. Gas Storage Expansion Project increases the reliability and security of the gas supply in Turkey ECA Turkey P162727 5/22/2018 2025 / 2040 l IPF - - No 600.0 - by expanding underground gas storage capacity in the country. Inclusive Access to Finance Project improves access to longer‐term financing for ECA Turkey women‐inclusive enterprises and enterprises in less developed subregions affected by the influx P163225 5/22/2018 2024 / 2047 l IPF - - Yes 400.0 - of Syrians under Temporary Protection status. District Heating Energy Efficiency Project improves the efficiency and quality of heating and ECA Uzbekistan P146206 1/25/2018 2023 / 2047 c IPF - - No - 140.0 96.3 - hot water services in selected cities of Uzbekistan. Horticulture Development Project (Additional Financing) enhances the productivity and ECA Uzbekistan P164226 1/30/2018 2023 / 2042 l IPF Yes - No 500.0 - - profitability of the horticulture sector in the project area. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Energy Efficiency Facility for Industrial Enterprises Project (Phase Three) improves energy ECA Uzbekistan efficiency in industrial enterprises by designing and establishing a financing mechanism for energy P165054 1/30/2018 2023 / 2042 l IPF Yes - No 200.0 - - saving investments. Emergency Medical Services Project increases the effectiveness and efficiency of the ECA Uzbekistan P159544 4/25/2018 2023 / 2048 c IPF - - No - 100.0 69.3 emergency medical services system. Reforms for a Sustainable Transformation toward a Market Economy Project supports ECA Uzbekistan P166019 6/26/2018 2023 / 2048 c DPF - - Yes - 500.0 354.4 - Uzbekistan’s economic transformation into a market economy. Northwestern Road Development Corridor Project improves connectivity and road safety LCR Argentina along targeted road sections of the Northwestern Corridor and supports corridor development in P163115 12/14/2017 2025 / 2049 l IPF - - Yes 300.0 - - the Northwest of Argentina. Renewable Fund Guarantee increases electricity generation capacity from renewable energy P165085 3/15/2018 gu IPF - - No LCR Argentina sources through private investment in the energy sector. 250.0 - - Supporting Effective Universal Health Coverage Project increases effective and equitable coverage of key health services provided to individuals aged under 65 without formal health LCR Argentina P163345 5/18/2018 2025 / 2049 l IPF - - Yes 300.0 - insurance and increases the institutional capacity of the National Ministry of Health and provincial Ministries of Health to implement mechanisms for an integrated delivery system. Integrated Risk Management in the Rural Agroindustrial System Project improves the LCR Argentina P162316 5/24/2018 2026 / 2050 l IPF - - Yes 150.0 - management of agricultural risks by beneficiaries and selected sectoral institutions. Health Service Delivery Network Project improves access to and quality of health service LCR Bolivia P164453 6/14/2018 2032 / 2041 l,c IPF - - No 252.0 48.0 33.8 - delivery in selected health networks. Paraiba Sustainable Rural Development Project improves access to water, reduces agro- LCR Brazil P147158 10/20/2017 2023 / 2035 l IPF - - Yes 50.0 - - climatic vulnerability, and increases access to markets for Paraiba's rural inhabitants. Support to the Upper Secondary Education Reform Program-for-Results strengthens the capacity of the state secretariats of education to implement the upper secondary reform, LCR Brazil P163868 12/14/2017 2037 / 2037 l PforR - - Yes 250.0 - - prioritizing vulnerable schools, and to increase the Index of Basic Education Development in targeted full-time upper secondary schools in Brazil. Salvador Social Multi-Sector Service Delivery Project improves social service delivery in the LCR Brazil Municipality of Salvador, emphasizing improvements in health care system efficiency, education P162033 12/19/2017 2023 / 2048 l IPF - - No 125.0 - - quality, and social assistance effectiveness. Financial Instruments for Brazil Energy Efficient Cities Project unlocks private financing for LCR Brazil urban energy efficiency projects in Brazil by reducing the credit risk and enhancing the technical P162455 6/29/2018 2034 / 2040 l IPF - - No 200.0 - - quality of efficient street lighting subprojects and industrial energy efficiency subprojects. Strengthening of State Universities in Chile Project improves quality and equity within state LCR Chile universities and strengthens their institutional capacity to address regional and national P163437 10/20/2017 2027 / 2028 l IPF - - No 50.1 - - development challenges. Enhancing Waterway Connectivity and Water Service Provision in Colombia’s Plan LCR Colombia Pazcifico Project improves waterway transport and the coverage and quality of water supply and P156880 12/14/2017 2023 / 2026 l IPF - - No 41.9 - - sanitation services in the participating municipalities. Second Sustainable Development and Green Growth Development Policy Financing supports a set of policy and institutional measures for (i) green growth in transport, energy, LCR Colombia environmental health and natural resources; and (ii) improving environmental quality by reducing P161642 12/14/2017 2029 / 2029 l DPF - - Yes 500.0 - - PM 2.5 in the air, strengthening regulations for sanitation, and increasing capacity to reuse and dispose solid waste. Access and Quality in Higher Education Project (Additional Financing) improves the quality LCR Colombia of tertiary education in participating institutions and increases the enrollment of students from P166177 3/22/2018 2025 / 2045 l IPF Yes - No 160.0 - - disadvantaged socioeconomic backgrounds in quality programs. Emergency Agricultural Livelihoods and Climate Resilience Project contributes to restoring LCR Dominica agricultural livelihoods and enhancing the climate resilience of farmers and fisherfolk affected by P166328 4/13/2018 2028 / 2058 c,g IPF - - Yes - 25.0 17.4 Hurricane Maria in Dominica. Housing Recovery Project contributes to the recovery of housing for households affected by LCR Dominica P166537 4/13/2018 2028 / 2058 c,g IPF - - Yes - 40.0 27.8 Hurricane Maria and improves the application of resilient building practices in the housing sector. Disaster Risk Management Development Policy Financing with a Deferred Drawdown Option for Catastrophe Risks supports the government of the Dominican Republic in LCR Dominican Republic strengthening institutions for improved climate and disaster resilience in priority sectors, and P159351 9/28/2017 2030 / 2037 l DPF - - Yes 150.0 - - establishing mandatory regulations for climate and disaster risk reduction inpublic investment and construction works. Quito Metro Line One Project (Additional Financing) improves urban mobility in the city of Quito to serve the growing demand for public transport by reducing travel times; decreasing LCR Ecuador P158756 6/22/2018 2028 / 2038 l IPF Yes - No 230.0 - - operational costs of the transport service; improving the connectivity, security, and comfort of the current system; and reducing emissions of pollutants and greenhouse gases. Guayaquil Wastewater Management Project (Additional Financing) increases access to LCR Ecuador improved sanitation services and reduces wastewater pollution in selected areas of the City of P165716 6/29/2018 2033 / 2053 l IPF Yes - No 233.6 - - Guayaquil. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) First Fiscal Resilience and Blue Growth Development Policy Financing supports fiscal measures and compliance with the Fiscal Responsibility Law, and supports Grenada’s transition LCR Grenada P164289 6/22/2018 2028 / 2058 c DPF - - Yes - 30.0 21.3 - to a Blue Economy by strengthening marine and coastal management, marine ecosystem health, and climate resilience. First Programmatic Financial and Fiscal Stability Development Policy Financing supports LCR Guyana P165425 6/22/2018 2028 / 2058 c DPF - - No - 35.0 24.4 - Guyana’s efforts to strengthen financial sector development and fiscal management. Resilient Productive Landscapes Project improves the adoption of resilience-enhancing LCR Haiti agricultural and landscape management practices in selected sub-watersheds and enables the P162908 3/1/2018 g IPF - - Yes - 15.0 10.6 - Government to respond promptly and effectively to an eligible emergency. Rural Accessibility and Resilience Project increases all-weather road access in selected LCR Haiti P163490 5/31/2018 g IPF - - No - 75.0 51.6 subregions and improves the resilience of selected segments of the road network. Improving Haiti's Public Financial Management and Statistical Information Project (Additional Financing) assists in the production, analysis, and dissemination of the findings of the Fifth Population and Housing Census; strengthens the human and technological capacities of LCR Haiti P164093 5/31/2018 g IPF Yes - Yes - 15.0 10.4 Haiti's Statistical Institute; and enhances expenditure management practices and the timeliness and coverage of budgetary and financial information to contribute to improved budget management and oversight. Access to Finance for Micro, Small, and Medium Enterprises Project improves access to LCR Jamaica P152307 1/29/2018 2024 / 2048 l IPF - - No 15.0 - - finance for micro, small, and medium enterprises. Social Protection System Project (Additional Financing) supports the Government’s effort to: LCR Mexico (i) increase access of the Social Inclusion Program's beneficiaries to social and productive P164152 1/29/2018 2032 / 2032 l IPF Yes - No 300.0 - - programs, and (ii) develop instruments for an integrated social protection system. Strengthening Entrepreneurship in Productive Forest Landscapes strengthens sustainable LCR Mexico forest management and increases economic opportunities for forest-dependent people and P164661 1/29/2018 2032 / 2032 l IPF - - Yes 56.0 - - enterprises in selected forest landscapes in Mexico. Energy Efficiency in Public Facilities Project (Additional Financing) promotes the efficient use of energy in the Borrower’s municipalities and other public facilities by carrying out energy LCR Mexico P165585 3/30/2018 2032 / 2032 l IPF Yes - No 50.0 - - efficiency investments in selected public sectors and to contribute to strengthening the enabling environment Rural and Urban Access Improvement Project (Additional Financing) improves safe and LCR Nicaragua sustainable access to markets and services in targeted rural and urban areas of Nicaragua and P165467 3/15/2018 2028 / 2047 c IPF Yes - No - 35.0 24.1 - provides immediate and effective response in the event of an eligible emergency. Property Rights Strengthening Project provides beneficiaries in selected municipalities with: (a) LCR Nicaragua updated and integrated cadastral and property registry information; and (b) improved land P163531 3/15/2018 2023 / 2047 c IPF - - No - 50.0 34.5 - administration services. Integrated Public Provision of Health Care Services Project extends the coverage and LCR Nicaragua improves the quality of care for the most prevalent health conditions with an emphasis on P164452 3/15/2018 2023 / 2048 c IPF - - No - 60.0 41.3 - vulnerable groups. Support for the National Indigenous Peoples Development Plan Project strengthens the capacity of Indigenous Authorities and the Republic of Panama to jointly plan and implement LCR Panama P157575 3/15/2018 2024 / 2043 l IPF - - No 80.0 - - development investments for Indigenous Territories and the delivery of selected public services in those Indigenous Territories, as identified in the National Indigenous Peoples Development Plan. Third Programmatic Shared Prosperity Development Policy Financing supports the Government of Panama’s efforts to strengthen the frameworks for international tax transparency, LCR Panama financial integrity, and fiscal management; strengthens institutional arrangements to support social P166159 6/15/2018 2020 / 2038 l DPF - - Yes 100.0 - - assistance and education; and enhances the regulatory and sustainability framework in the energy and water sectors. Improving Service Delivery to Citizens and Businesses through E-Government Project LCR Uruguay improves the quality of selected e-government services for citizens, businesses, and the P161989 8/3/2017 2022 / 2034 l IPF - - No 12.0 - - borrower's public entities, and facilitates their access. Sustainable Management of Natural Resources and Climate Change Project (Additional LCR Uruguay Financing) supports Uruguay's efforts to promote farmer adoption of climate-smart agricultural P163444 11/30/2017 2023 / 2035 l IPF Yes - No 42.0 - - and livestock practices and improved natural resource management practices in project areas. Public Administration Modernization Project enables access to e-government and promotes MNA Djibouti P162904 4/25/2018 2028 / 2057 c IPF - - No - 15.0 10.4 efficiency of selected revenue administration services. Support for Women and Youth Entrepreneurship Project improves economic opportunities for MNA Djibouti P165558 6/8/2018 2028 / 2058 c IPF - - No - 15.0 10.5 - targeted entrepreneurs. Third Fiscal Consolidation, Sustainable Energy, and Competitiveness Programmatic Development Policy Financing advances fiscal consolidation through higher revenue collection, MNA Egypt, Arab Republic of greater moderation of the wage bill growth, and stronger debt management; ensure sustainable P164079 12/5/2017 2023 / 2052 l DPF - - Yes 1,150.0 - - energy supply through private sector engagement; and enhance the business environment through investment laws, industrial license requirements as well as enhancing competition. Supporting Egypt Education Reform Project improves teaching and learning conditions in MNA Egypt, Arab Republic of P157809 4/13/2018 2023 / 2052 l IPF - - Yes 500.0 - public schools. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Transforming Egypt's Health Care System Project improves the quality of primary and MNA Egypt, Arab Republic of secondary health care services, enhances demand for health and family planning services, and P167000 6/27/2018 2023 / 2053 l IPF - - Yes 530.0 - - supports the prevention and control of Hepatitis C. Emergency Operation for Development Project (Additional Financing) supports the Republic MNA Iraq of Iraq in the reconstruction of damaged infrastructure and the restoration of public services P161515 10/31/2017 2022 / 2032 l IPF Yes - Yes 400.0 - - delivery in targeted municipal areas. Baghdad Water Supply and Sewerage Improvement Project improves the quality of drinking MNA Iraq P162094 1/31/2018 2023 / 2032 l IPF - - Yes 210.0 - - water supply and wastewater services in Baghdad. Social Fund for Development improves access to basic services and increases short-term MNA Iraq P163108 2/6/2018 2023 / 2032 l IPF - - Yes 300.0 - - employment opportunities in targeted communities. Emergency Social Stabilization and Resilience Project increases livelihood opportunities and MNA Iraq access to psychosocial services in liberated areas, and strengthens the systems to expand the P165114 4/5/2018 2023 / 2032 l IPF - - Yes 200.0 - provision of social safety nets. Education Reform Support Program-for-Results expands access to early childhood education, MNA Jordan and improves student assessment and teaching and learning conditions for Jordanian children P162407 12/5/2017 2022 / 2052 l PforR - - Yes 147.7 - - and Syrian refugee children. First Equitable Growth and Job Creation Programmatic Development Policy Financing MNA Jordan P166360 6/27/2018 2023 / 2053 l DPF - - No 389.0 - - supports Jordan to set the foundations for higher growth. Greater Beirut Public Transport Project improves the speed, quality, and accessibility of public MNA Lebanon P160224 3/15/2018 2026 / 2049 l IPF - - Yes 225.2 - - transport for passengers in Greater Beirut and at the city of Beirut’s northern entrance. Land Administration System Modernization Project improves access to land use and value MNA Lebanon data, property rights data, and geospatial information through the modernization of the Land P159692 6/8/2018 2024 / 2031 l IPF - - No 43.0 - - Registry and Cadastre System. Greater Beirut Water Supply Project (Additional Financing) increases the provision of potable water to the residents in the project area within the Greater Beirut region, including those in the MNA Lebanon P165711 6/15/2018 2022 / 2034 l IPF Yes - No 90.0 - - low‐income neighborhoods of Southern Beirut, and strengthens the capacity of the Beirut Mount Lebanon Water Establishment in utility operations. Creating Economic Opportunities in Support of the Lebanon National Jobs Program MNA Lebanon P163576 6/27/2018 2024 / 2040 l PforR - - Yes 329.9 - - Program-for-Results improves economic opportunities for targeted beneficiaries in Lebanon. Casablanca Municipal Support Program-for-Results increases the investment capacity of the MNA Morocco Municipality of Casablanca, improves the business environment in the Municipality of Casablanca, P149995 12/13/2017 2024 / 2039 l PforR - - Yes 200.0 - - and enhances access to basic services in the program area. Strengthening Agri-Food Value Chains Program-for-Results increases the volume of added- MNA Morocco P158346 12/20/2017 2023 / 2042 l PforR - - No 200.0 - - value products commercialized in selected agri-food subsectors in the program area. Noor Solar Power Project (Additional Financing) increases the installed capacity and MNA Morocco P164288 6/8/2018 2027 / 2043 l IPF Yes - No 100.0 - - electricity output, especially during peak hours, of the Noor‐Ouarzazate Solar Complex. Youth Economic Inclusion Project improves economic opportunities for targeted disadvantaged MNA Tunisia P158138 9/11/2017 2023 / 2047 l IPF - - Yes 60.0 - - youth in the selected Governorates of the borrower. Strengthening Foundations for Learning Project improves learning conditions in public MNA Tunisia preschools and primary schools, and increases access to public preschool education in selected P162297 5/18/2018 2024 / 2045 l IPF - - Yes 100.0 - districts. Irrigated Agriculture Intensification Project improves the reliability and efficiency of irrigation MNA Tunisia and drainage services and strengthens market linkages for irrigated products in selected irrigation P160245 5/29/2018 2025 / 2046 l IPF - - Yes 140.0 - schemes. Urban Development and Local Governance Program-for-Results (Additional Financing) MNA Tunisia strengthens local governments’ performance to deliver municipal infrastructure, and improves P167043 6/15/2018 2024 / 2046 l PforR Yes - No 130.0 - - access to services in targeted disadvantaged neighborhoods. Investment, Competitiveness, and Inclusion Development Policy Financing removes MNA Tunisia barriers to investment, trade and entrepreneurship; moves towards a more efficient, sustainable, P161483 6/27/2018 2023 / 2046 l DPF - - Yes 500.0 - - and inclusive energy sector; and promotes greater economic and social inclusion. Third Municipal Development Project enhances the institutional capacity of municipalities in the MNA West Bank and Gaza P159258 7/21/2017 g IPF - Yes Yes - - 16.0 West Bank and Gaza for more accountable and sustainable service delivery. Electricity Sector Performance Improvement Project enhances the energy sector's institutional MNA West Bank and Gaza capacity, improves efficiency of the distribution system in targeted areas, and pilots a new P148600 7/27/2017 g IPF - Yes No - - 4.0 business model for solar energy service delivery in Gaza. Second Finance for Jobs Project tests the effectiveness of selected financial interventions in MNA West Bank and Gaza P159337 7/27/2017 g IPF - Yes Yes - - 8.0 incentivizing private sector investment and job creation. Social Protection Enhancement Project establishes a single targeting and referral system to MNA West Bank and Gaza P160674 7/27/2017 g IPF - Yes Yes - - 15.0 provide cash benefits and services to poor and vulnerable households. Fiscal Stability and Business Environment Development Policy Financing improves MNA West Bank and Gaza P161252 12/5/2017 g DPF - Yes Yes - - 30.0 transparency of fiscal transfers to local service providers and improves the business environment. Public Financial Management Improvement Project enhances the expenditure controls, MNA West Bank and Gaza P162850 6/1/2018 g IPF - - Yes - - 3.0 financial accountability, and procurement management of the Palestinian Authority. Innovative Private Sector Development Project improves economic opportunities for MNA West Bank and Gaza P164412 6/1/2018 g IPF - - Yes - - 13.0 individuals and firms in the West Bank and Gaza. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Emergency Health and Nutrition Project (Second Additional Financing) contributes to the MNA Yemen, Rep. provision of basic health, essential nutrition, water and sanitation services for the benefit of the P164466 8/25/2017 g IPF Yes - Yes - 200.0 143.9 - population of the Republic of Yemen. Yemen Integrated Urban Services Emergency Project restores access to critical urban MNA Yemen, Rep. P164190 11/2/2017 g IPF - - Yes - 150.0 106.2 - services in selected cities within the Republic of Yemen. Emergency Electricity Access Project improves access to electricity in rural and peri-urban MNA Yemen, Rep. P163777 4/13/2018 g IPF - - Yes - 50.0 34.6 areas within the Republic of Yemen. Incentive Program Development Policy Financing helps the Government of Afghanistan continue to maintain a stable macroeconomic environment and pursue an ambitious program of SAR Afghanistan P164882 6/14/2018 g DPF - - Yes - 90.0 62.6 - policy reforms to support private sector investment, growth, poverty reduction, and improved public financial management. Fiscal Performance Improvement Support Project contributes to the improvement of domestic SAR Afghanistan revenue mobilization and public expenditures management, and reinforcement of a performance- P159655 12/19/2017 g IPF - - Yes - 25.0 17.8 - oriented management culture in the Ministry of Finance. Digital Central Asia and South Asia Project increases access to more affordable Internet, crowd-in private investment in the information and communication technology sector, and improve SAR Afghanistan P156894 3/28/2018 g IPF - - No - 51.0 35.1 - the government’s capacity to deliver digital government services in Afghanistan, by contributing to the development of a regionally integrated digital infrastructure and enabling environment. Sehatmandi Project increases the utilization and quality of health, nutrition, and family planning SAR Afghanistan P160615 3/28/2018 g IPF - - Yes - 140.0 96.1 - services. Modernizing Afghan State-Owned Banks Project enhances the corporate governance and SAR Afghanistan operational efficiency of the supported Afghan state‐owned banks, thereby contributing to their P161348 3/28/2018 g IPF - - No - 40.0 27.5 - improved financial soundness and outreach. Public-Private Partnerships and Public Investment Advisory Project develops a pipeline of SAR Afghanistan P158768 6/27/2018 g IPF - - Yes - 20.0 13.8 - feasible private and publicly funded projects. Digitizing Implementation Monitoring and Public Procurement Project improves public SAR Bangladesh procurement performance and enhances capacity for implementation monitoring of development P160758 7/28/2017 2023 / 2055 c IPF - - Yes - 55.0 40.2 - programs/projects. Health Sector Support Project strengthens the health, nutrition, and population sector's core SAR Bangladesh management systems and delivery of essential services with a focus on selected geographical P160846 7/28/2017 2023 / 2055 c IPF - - Yes - 500.0 361.2 - areas. Safety Net Systems for the Poorest (Additional Financing) improves the equity, efficiency, SAR Bangladesh P163677 12/15/2017 2024 / 2055 c IPF Yes - No - 245.0 174.1 - and transparency of major safety net programs to benefit the poorest households. Transforming Secondary Education Program-for-Results improves student outcomes in SAR Bangladesh P160943 12/18/2017 2024 / 2055 c,g PforR - - Yes - 510.0 366.6 - secondary education and the effectiveness of the secondary education system. Cash Transfer Modernization Project improves the transparency and efficiency of selected SAR Bangladesh P160819 1/31/2018 2024 / 2055 c IPF - - No - 300.0 213.6 - cash transfer programs for vulnerable populations by modernizing service delivery. National Strategy for Development of Statistics Implementation Support improves the SAR Bangladesh capacity of the Bangladesh Bureau of Statistics to produce quality core statistics and make them P157987 3/22/2018 2024 / 2056 c IPF - - Yes - 15.0 10.3 - accessible in a timely manner to policy makers and the public. Enhancement and Strengthening of Power Transmission Network in Eastern Region SAR Bangladesh increases the transmission capacity and reliability of the electricity network in the eastern region P159974 3/29/2018 2022 / 2053 c IPF - - No - 450.6 318.8 - and strengthens the institutional capacity of the Power Grid Company of Bangladesh Limited. Sustainable Enterprise Project increases adoption of environmentally sustainable practices by SAR Bangladesh P163250 3/29/2018 2024 / 2055 c IPF - - Yes - 110.0 75.5 - targeted microenterprises. Second Rural Electrification and Renewable Energy Development Project (Second SAR Bangladesh P165400 4/10/2018 2024 / 2055 c IPF Yes - Yes - 55.0 37.8 Additional Financing) increases access to clean energy through renewable energy in rural areas. Quality Learning for All Program-for-Results improves the quality of and enhances equitable SAR Bangladesh P162619 6/14/2018 2024 / 2056 l PforR - - Yes - 700.0 484.2 - access to education from pre-primary to grade five. Health Sector Support Project (Additional Financing) strengthens the health, nutrition, and SAR Bangladesh population (HNP) sector's core management systems and delivery of essential HNP services with P167672 6/28/2018 2024 / 2056 c,g IPF Yes - Yes - 50.0 35.4 - a focus on selected geographical areas. Strengthening Fiscal Management and Private Sector Employment Opportunities SAR Bhutan Development Policy Financing strengthens the policy framework to improve fiscal management P164290 3/30/2018 2028 / 2058 c DPF - - No - 30.0 20.6 - and enhances policies to promote private sector employment opportunities. Uttar Pradesh Pro-Poor Tourism Development Project increases tourism-related benefits for SAR India P146936 12/20/2017 2023 / 2036 l IPF - - Yes 40.0 - - local communities in India’s third-poorest state, Uttar Pradesh. National Agricultural Higher Education Project supports participating agricultural universities SAR India and the Indian Council of Agricultural Research in providing more relevant and higher quality P151072 8/3/2017 2023 / 2036 l IPF - - Yes 82.5 - - education to agircultural university students. Assam Agribusiness and Rural Transformation Project adds value and improves resilience of SAR India selected agriculture value chains, focusing on smallholder farmers and agro-entrepreneurs in P155617 8/31/2017 2025 / 2034 l IPF - - Yes 200.0 - - targeted districts of Assam. Odisha Higher Education Program for Excellence and Equity Program-for-Results improves SAR India the quality of and students' equitable access to selected institutions, and enhances governance of P160331 8/31/2017 2023 / 2035 l PforR - - Yes 119.0 - - the higher education system in Odisha. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) Tamil Nadu Rural Transformation Project promotes rural enterprises, access to finance, and SAR India P157702 12/1/2017 2023 / 2047 l IPF - - Yes 100.0 - - employment opportunities in selected blocks (administrative units below the district) of Tamil Nadu. Tamil Nadu Irrigated Agriculture Modernization Project enhances productivity and climate SAR India resilience of irrigated agriculture, improves water management, and increases market P158522 12/1/2017 2025 / 2040 l IPF - - Yes 318.0 - - opportunities for farmers and agro-entrepreneurs in selected sub-basin areas of Tamil Nadu. Uttarakhand Water Supply Program for Peri-Urban Areas Program-for-Results increases P158146 1/4/2018 2023 / 2034 l PforR - - Yes SAR India access to improved water supply services in peri-urban areas in Uttarakhand. 120.0 - - Maharashtra Project on Climate Resilient Agriculture enhances climate‐resilience and SAR India P160408 2/27/2018 2024 / 2041 l IPF - - Yes 420.0 - - profitability of smallholder farming systems in selected districts of Maharashtra. Meghalaya Community-Led Landscapes Management Project strengthens community-led SAR India P157836 3/13/2018 2023 / 2032 l IPF - - Yes 48.0 - - landscapes management in selected landscapes in the state of Meghalaya Madhya Pradesh Rural Connectivity Project improves durability and enhances resilience to SAR India climate changes of the gravel-surfaced rural roads in Madhya Pradesh, while building the capacity P157054 3/14/2018 2024 / 2048 l IPF - - Yes 210.0 - - of the state to manage its rural road network and road safety. National Nutrition Mission Project (Additional Financing) improves the coverage and quality SAR India of ICDS nutrition services to pregnant and lactating women and children under 3 years of age in P165493 3/30/2018 2022 / 2037 l IPF Yes - No 200.0 - - participating states. National Rural Economic Transformation Project (Additional Financing to National Rural Livelihoods Project) establishes efficient and effective institutional platforms of the rural poor to SAR India P166745 4/26/2018 2023 / 2033 l IPF Yes - Yes 250.0 - enable them to increase household income through sustainable livelihood enhancements and improved access to financial and selected public services. Strengthening Public Financial Management in Rajasthan Project contributes to improved SAR India budget execution, enhanced accountability, and greater efficiency in revenue administration in the P156869 5/1/2018 2024 / 2031 l IPF - - No 21.7 - Government of Rajasthan. India Energy Efficiency Scale-up Program-for-Results scales up energy savings in residential SAR India and public sectors, strengthens the institutional capacity of Energy Efficiency Services Limited, P162849 5/17/2018 2023 / 2036 l PforR - - No 220.0 - and enhances its access to commercial financing. India Energy Efficiency Scale-Up Program Guarantee scales up energy savings in residential SAR India and public sectors, strengthens the institutional capacity of Energy Efficiency Services Limited, P165488 5/17/2018 gu IPF - - Yes 80.0 - and enhances its access to commercial financing. Pradhan Mantri Gram Sadak Yojana Rural Roads Project (Additional Financing) strengthens SAR India the systems and processes of the national Pradhan Mantri Gram Sadak Yojana rural roads P165402 5/25/2018 2021 / 2030 l IPF Yes - No 500.0 - program for the expansion and maintenance of all‐season rural access roads. National Groundwater Management Improvement Program-for-Results improves the SAR India P158119 6/5/2018 2024 / 2035 l PforR - - Yes 450.0 - - management of groundwater resources in the selected states. Uttarakhand Workforce Development Project improves the quality and relevance of training at SAR India priority industrial training institutes and increases the number of labor-market-relevant workers P154525 6/19/2018 2023 / 2035 l IPF - - Yes 74.0 - - through short-term training in Uttarakhand. Public Financial Management Systems Strengthening Project enhances budget credibility, SAR Maldives P164322 6/7/2018 2028 / 2058 c,g IPF Yes - Yes - 12.0 8.4 - transparency, and financial reporting of central government finances. Second Enhanced Vocational Education and Training Project improves equitable access to SAR Nepal market-relevant training programs and to strengthen the technical education and training sector P163018 9/29/2017 2024 / 2055 c IPF - - Yes - 60.0 42.7 - service delivery in Nepal. Livestock Sector Innovation Project increases productivity, enhances value addition, and SAR Nepal improves climate resilience of smallholder farms and agro-enterprises in selected livestock value- P156797 12/7/2017 2024 / 2055 c IPF - - Yes - 80.0 56.7 - chains in Nepal. Earthquake Housing Reconstruction Project (Additional Financing) restores affected houses SAR Nepal with multi-hazard resistant core housing units in targeted areas and enhances the government's P163593 12/15/2017 2024 / 2055 c IPF Yes - Yes - 300.0 213.6 - ability to improve long-term disaster resilience. First Programmatic Fiscal and Public Financial Management Development Policy SAR Nepal Financing supports the government in its efforts to: (i) establish a framework to move towards P160792 3/20/2018 2024 / 2056 c DPF - - Yes - 200.0 137.3 - fiscal federalism; and (ii) improve the policy framework for public financial management. Modernization of Rani Jamara Kulariya Irrigation Scheme (Phase Two) improves irrigation SAR Nepal services and to promote improved farming practicesfor farmers in the irrigated areas of the Rani P158364 3/20/2018 2024 / 2056 c IPF - - Yes - 66.0 45.3 - Jamara Kulariya Irrigation Scheme. FATA Temporarily Displaced Persons Emergency Recovery Project (Additional Financing) supports the early recovery of families affected by the militancy crisis, promotes child health, and SAR Pakistan P160941 9/21/2017 2023 / 2047 c IPF Yes - No - 114.0 81.0 - strengthens emergency response safety net delivery systems in the affected areas of federally- administered tribal areas (FATA). Punjab Irrigated Agriculture Productivity Improvement Program Project (Additional SAR Pakistan P157736 11/30/2017 2023 / 2042 l IPF Yes - Yes 130.0 - - Financing) improves the productivity of water use in irrigated agriculture. Strengthening Markets for Agriculture and Rural Transformation in Punjab Program-for- SAR Pakistan Results increases the productivity of crop and livestock farmers, improves their climate resilience, P162446 12/15/2017 2023 / 2042 l PforR - - No 300.0 - - and fosters agribusiness development in Punjab. Public Financial Management and Accountability to Support Service Delivery Program-for- SAR Pakistan Results improves public financial management and procurement systems for better management P157507 12/19/2017 2023 / 2047 c PforR - - No - 400.0 282.9 - and accountability in service delivery for the health and education sectors. d Principal Commitment Amounts (millions) Date of First/Last Financing Financing Additional Special Civil Society IBRD IDA IDA Special Financing Region Country Project Name and Development Objectives Project ID a b c e Approval Maturity Date Type Instrument Financing Financing Involvement (US$) (US$) (SDR ) Grant (US$) National Transmission Modernization I Project increases the capacity and reliability of SAR Pakistan selected segments of the national transmission system in Pakistan and modernizes key business P154987 12/19/2017 2024 / 2042 l IPF - - Yes 425.0 - - processes of the National Transmission and Despatch Company. Housing Finance Project increases access to housing finance for households, and support SAR Pakistan P162095 3/29/2018 2023 / 2047 c IPF - - No - 145.0 99.6 - capital market development in Pakistan. Pakistan Hydromet and Disaster Risk Management Services Project strengthens Pakistan’s SAR Pakistan public sector delivery of reliable and timely hydro-meteorological and disaster risk management P163924 5/25/2018 2023 / 2048 c IPF - - No - 188.0 129.4 services. Punjab Cities Program-for-Results strengthens the performance of participating urban local SAR Pakistan P156972 5/25/2018 2023 / 2048 c PforR - - No - 200.0 137.6 governments in urban management and service delivery. Punjab Green Development Program-for-Results strengthens environmental governance and SAR Pakistan P165388 5/25/2018 2023 / 2048 c PforR - - Yes - 200.0 137.6 promotes green investments in Punjab. Sindh Barrages Improvement Project (Additional Financing) improves the reliability and SAR Pakistan safety of the Guddu barrage and strengthens the Sindh Irrigation Department’s capacity to P162117 5/25/2018 2023 / 2048 c IPF Yes - Yes - 140.0 96.3 operate and manage the barrage. Khyber Pass Economic Corridor Project expands economic activity between Pakistan and SAR Pakistan Afghanistan by improving regional connectivity and promoting private sector development along P159577 6/14/2018 2023 / 2048 c IPF - - Yes - 460.6 320.3 - the Khyber Pass corridor. Sindh Solar Energy Project increases solar power generation and access to electricity in Sindh SAR Pakistan P159712 6/14/2018 2023 / 2048 c IPF - - No - 100.0 69.6 - Province. General Education Modernization Project enhances quality and strengthens stewardship of the SAR Sri Lanka P163714 4/26/2018 2024 / 2040 c IPF - - Yes - 100.0 69.3 general education system. Primary Health Care System Strengthening Project increases the utilization and quality of SAR Sri Lanka primary health care services, with an emphasis on detection and management of non- P163721 6/27/2018 2024 / 2051 l IPF - - Yes 200.0 - - communicable diseases in high-risk population groups, in selected areas of the country. 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 involvement includes those projects that clearly note within their project documents either the involvement of civil society organizations (CSO), per the World Bank's definition of CSOs, available at www.worldbank.org/en/about/partners/civil-society#2, during the project’s preparation, or describe the intention to involve such actors during the project’s implementation. This classification is separate and unrelated to the goals of the World Bank Group’s Strategic Framework for Mainstreaming Citizen Engagement. 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. Lending includes a grant to the International Conference on the Great Lakes Region g. Lending includes a credit to the West African Economic and Monetary Union. h. Lending includes a loan and a guarantee to Seychelles. i. Lending includes a credit and grant to Liberia, a credit to Sierra Leone, and a grant to the West African Power Pool. j. Lending includes a credit and grant to Burkina Faso, a grant to Chad, a credit and grant to Mali, a grant to Mauritania, a credit and grant to Niger, a credit to Senegal, and a grant to the Permanent Interstate Committee for Drought Control in the Sahel. k. Lending includes a grant to Benin, a credit to Côte d’Ivoire, a grant to Mauritania, a grant to São Tomé and Príncipe, a credit to Senegal, a credit and grant to Togo, and a grant to the West African Economic and Monetary Union. l. Lending includes a credit to Burkina Faso. m. Lending includes a credit and grant to the Economic and Monetary Community of Central Africa. n. Lending includes a credit and grant to Benin, a credit and grant to Mali, a grant to Mauritania, and a credit and grant to Niger. o. Lending includes a credit to Côte d’Ivoire, a credit and grant to Guinea, and a grant to the Economic Community of West African States. p. Lending includes a grant to the Organisation for the Harmonization of Business Law in Africa. q. Lending includes a grant to the Eastern Africa Power Pool and a credit to Tanzania. r. Lending includes a grant to the Pacific Aviation Safety Office. Regional Poverty Estimates | 1981–2013 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 2013 East Asia and Pacific 1,116 1,022 907 987 902 713 696 553 362 293 221 170 145 73 Europe and Central Asia .. .. 12 13 23 34 37 28 23 13 11 10 9 8 Latin America and the Caribbean 47 62 52 63 61 67 69 63 54 40 35 34 28 28 Middle East and North Africa .. 19 19 14 17 15 11 9 9 9 8 9 10 10 South Asia 505 515 506 503 542 518 .. 555 511 467 402 333 300 257 Sub-Saharan Africa .. .. .. 282 332 355 380 402 389 396 407 405 403 401 Total six regions 1,898 1,859 1,753 1,862 1,877 1,702 1,727 1,608 1,348 1,218 1,085 960 894 776 World 1,904 1,865 1,758 1,867 1,882 1,707 1,732 1,613 1,354 1,223 1,091 966 900 783 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 2013 East Asia and Pacific 80.8 70.5 59.5 61.6 54.0 41.1 38.8 29.9 19.1 15.1 11.2 8.6 7.3 3.6 Europe and Central Asia .. .. 2.6 2.9 5.0 7.2 7.8 5.9 4.9 2.8 2.4 2.1 1.9 1.6 Latin America and the Caribbean 12.8 15.7 12.6 14.2 13.1 13.7 13.5 11.7 9.8 6.9 6.0 5.6 4.7 4.5 Middle East and North Africa .. 9.8 9.1 6.3 6.7 5.8 3.8 3.2 3.0 2.7 2.3 2.7 2.7 2.7 South Asia 54.8 52.0 47.8 44.4 44.9 40.3 .. 38.6 33.7 29.5 24.7 20.1 17.9 15.1 Sub-Saharan Africa .. .. .. 55.1 59.7 58.8 58.3 56.9 50.9 47.7 46.5 44.9 43.7 42.3 Total six regions 51.7 47.7 42.4 42.5 40.7 35.1 34.1 30.4 24.5 21.3 18.5 16.1 14.8 12.7 World 42.3 39.3 35.2 35.5 34.1 29.6 28.8 25.8 20.8 18.1 15.8 13.8 12.7 10.9 Population living below $3.20 a day (millions, 2011 PPP) Low and middle-income country groups 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 2010 2011 2012 2013 East Asia and Pacific 1,293 1,319 1,320 1,367 1,332 1,225 1,205 1,057 860 724 601 524 474 352 Europe and Central Asia .. .. 42 46 71 90 99 70 55 36 33 32 30 28 Latin America and the Caribbean 96 120 109 124 125 135 137 132 118 90 82 78 72 70 Middle East and North Africa .. 65 70 62 71 73 60 57 58 55 51 52 52 52 South Asia 784 829 866 905 970 993 .. 1,086 1,082 1,076 1,044 980 943 894 Sub-Saharan Africa .. .. .. 388 438 473 514 555 574 599 623 630 633 639 Total six regions 2,568 2,700 2,761 2,891 3,008 2,989 3,052 2,958 2,746 2,579 2,433 2,294 2,203 2,035 World 2,578 2,708 2,768 2,898 3,015 2,996 3,059 2,965 2,754 2,586 2,442 2,303 2,213 2,044 Population living below $3.20 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 2013 East Asia and Pacific 93.7 91.0 86.6 85.3 79.7 70.6 67.1 57.2 45.4 37.4 30.6 26.5 23.8 17.6 Europe and Central Asia .. .. 9.2 10.0 15.1 19.2 21.1 14.9 11.8 7.5 7.0 6.6 6.3 5.7 Latin America and the Caribbean 26.1 30.7 26.1 28.2 26.9 27.5 26.8 24.7 21.2 15.6 13.9 13.0 11.8 11.3 Middle East and North Africa .. 33.9 33.0 27.0 28.9 28.0 21.7 19.6 18.8 16.8 14.9 15.0 14.8 14.5 South Asia 85.1 83.8 81.7 79.8 80.3 77.3 .. 75.5 71.5 67.9 64.0 59.2 56.2 52.6 Sub-Saharan Africa .. .. .. 75.8 78.7 78.5 78.8 78.7 75.1 72.1 71.0 69.9 68.7 67.5 Total six regions 70.0 69.3 66.8 66.0 65.2 61.7 60.2 55.9 49.9 45.0 41.4 38.5 36.5 33.3 World 57.3 57.1 55.4 55.0 54.6 51.9 50.8 47.4 42.4 38.4 35.4 33.0 31.3 28.6 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. For details on regional groupings, see http://iresearch.worldbank.org/PovcalNet/data.aspx. Data are current as of October 2017. Gross Domestic Product per Capita Index | 2005–17 Africa East Asia and Pacific 250 250 235 200 200 150 150 121 100 100 100 100 50 50 2009 2005 2006 2007 2008 2010 2011 2012 2013 2014 2015 2016 2017 2011 2005 2006 2007 2008 2009 2010 2012 2013 2014 2015 2016 2017 Europe and Central Asia Latin America and the Caribbean 250 250 200 200 142 150 150 117 100 100 100 100 50 50 2009 2005 2006 2007 2008 2010 2011 2012 2013 2014 2015 2016 2017 2012 2015 2005 2006 2007 2008 2009 2010 2011 2013 2014 2016 2017 Middle East and North Africa South Asia 250 250 190 200 200 150 150 119 100 100 100 100 50 50 2012 2005 2006 2007 2008 2009 2010 2011 2013 2014 2015 2016 2017 2007 2005 2006 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Source: World Development Indicators database. Governors and Alternates of the World Bank | June 30, 2018 Member Country Governor Alternate Afghanistan Eklil Ahmad Hakimi Mohammad Khalid Payenda Albania Arben Ahmetaj Elisabeta Gjoni Algeria Abderrahmane Raouya Abdelhak Bedjaoui Angola Augusto de Sousa Archer Mangueira Pedro Luis da Fonseca Antigua and Barbuda a Gaston Browne Lennox Weston Argentina Luis Andres Caputo Federico Sturzenegger Armenia Vache Gabrielyan Armen Hayrapetyan Australia Scott Morrison Kelly O'Dwyer Austria Hartwig Löger Harald Waiglein Azerbaijan Elman Siradjogly Rustamov Shahin Mustafayev Bahamas, The Peter Turnquest Marlon Johnson Bahrain a Ahmed bin Mohammed Al Khalifa Yusuf Abdulla Humood Bangladesh Abul Maal A. Muhith Kazi Shofiqul Azam Barbados Christopher P. Sinckler Louis Woodroffe Belarus a Vasily Matyushevsky Vladimir Zinovsky Belgium Johan Van Overtveldt Alexander De Croo Belize Dean O. Barrow Yvonne Sharman Hyde Benin Abdoulaye Bio Tchane Romuald Wadagni Bhutan Lyonpo Namgay Dorji Nim Dorji Bolivia Mariana Prado Noya Mario Alberto Guillén Suárez Bosnia and Herzegovina Denis Zvizdic Josip Grubesa Botswana Ontefetse Kenneth Matambo Solomon M. Sekwakwa Brazil Eduardo Refinetti Guardia Ilan Goldfajn Brunei Darussalam a Sultan Haji Hassanal Bolkiah Mohd Amin Liew Abdullah Bulgaria a Vladislav Goranov Dimitar Kostov Burkina Faso Hadizatou Rosine Coulibaly/Sori Ambroise Kafando Burundi Domitien Ndihokubwayo Leon Nimbona Cabo Verde Olavo Correia Carla Cruz Cambodia Pornmoniroth Aun Vissoth Vongsey Cameroon Alamine Ousmane Mey Charles Assamba Ongodo Canada Bill Morneau Diane Jacovella Member Country Governor Alternate Central African Republic Felix Moloua Steve Laurent Apete-Matongo Chad Issa Doubragne Abdoulaye Sabre Fadoul Rodrigo Andres Cerda Chile Felipe Larrain Bascunan Norambuena China Liu Kun Yaobin Shi Colombia Mauricio Cardenas Santamaria Luis Fernando Mejia Alzate Comoros Said Ali Said Chayhane Fouady Goulame Déogracias Mutombo Mwana Congo, Democratic Republic of Henri Yav Mulang Nyembo Congo, Republic of Ingrid Olga Ghislaine Ebouka-Babackas Calixte Nganongo Costa Rica Rocio Aguilar Montoya Olivier Castro Perez Cote d'Ivoire Amadou Gon Coulibaly Moussa Sanogo Croatia Zdravko Maric VACANT Cyprus Harris Georgiades Christos Patsalides Czech Republic Alena Schillerova Lenka Dupakova Denmark Ulla Tornaes Martin Bille Hermann Djibouti Ilyas Moussa Dawaleh Mariam Hamadou Ali Dominica Roosevelt Skerrit Rosamund Edwards Dominican Republic Isidoro Santana Donald Guerrero Ecuador Richard Iván Martinez Alvarado Veronica Elizabeth Artola Jarrin Egypt, Arab Republic of Sahar Nasr VACANT El Salvador Nelson Fuentes Ovidio Cabrera Melgar Equatorial Guinea Lucas Abaga Nchama Valentin Ela Maye Eritrea Berhane Habtermariam Martha Woldegiorghis Estonia Toomas Toniste Marten Ross Eswatini Hlangusemphi Dlamini Bheki Sibonangaye Bhembe Ethiopia Abraham Tekeste Ato Admasu Nebebe Fiji Aiyaz Sayed-Khaiyum Makereta Konrote Finland Petteri Orpo Anne-Mari Virolainen France Bruno Le Maire Odile Renaud-Basso Gabon Regis Immongault Roger Owono Mba Gambia, The Amadou Sanneh Lamin Camara Georgia Mamuka Bakhtadze VACANT Germany Gerd Mueller Wolfgang Schmidt Member Country Governor Alternate Ghana Kenneth Ofori-Atta Charles Adu Boahen Greece Yannis Dragasakis Ilias Xanthakos Grenada Keith C. Mitchell Kim Frederick Guatemala Julio Hector Estrada Julio Suarez-Guerra Guinea Kanny Diallo Mohamed Lamine Doumbouya Guinea-Bissau Aristides Gomes Joao Alberto Djata Guyana Winston Jordan VACANT Haiti Jude Alix Patrick Salomon Jean Baden Dubois Honduras Rocio Izabel Tabora Wilfredo Cerrato Rodriguez Hungary Mihaly Varga Agnes Anna Hornung Iceland Gudlaugur Thor Thordarson Bjarni Benediktsson India Arun Jaitley Subhash Chandra Garg Indonesia Sri Mulyani Indrawati Bambang P.S. Brodjonegoro Iran, Islamic Republic of Masoud Karbasian Mohammad Khazaee Torshizi Kadhim Mohammed Jawad Hasan Iraq Maher Hammad Johan Alhasani Ireland Paschal Donohoe Derek Moran Israel Moshe Kahlon Nadine Baudot-Trajtenberg Italy Ignazio Visco Gelsomina Vigliotti Jamaica a Nigel Clarke Darlene Morrison Japan Taro Aso Haruhiko Kuroda Jordan Imad Najib Fakhoury Zeina Toukan Kazakhstan Timur Suleimenov Madina Abylkassymova Kenya Henry Kiplagat Rotich Kamau Thugge Kiribati Teuea Toatu Saitofi Mika Korea, Republic of Dong Yeon Kim Juyeol Lee Kosovo Bedri Hamza VACANT Kuwait Nayef Falah Al-Hajraf Abdulwahab Ahmed Al-Bader Kyrgyz Republic Adylbek Kasymaliev Oleg Pankratov Lao People's Democratic Republic Somdy Douangdy Vathana Dalaloy Latvia Dana Reizniece-Ozola Arvils Aseradens Lebanon Ali Hassan Khalil Raed Khoury Lesotho Tlohelang Peter Aumane Khomoatsana Tau Member Country Governor Alternate Liberia Samuel D. Tweah Milton Weeks Libya Taher E. Jehaimi VACANT Lithuania Vilius Sapoka Migle Tuskiene Luxembourg Pierre Gramegna Arsene Joseph Jacoby Macedonia, former Yugoslav Republic of Dragan Tevdovski Kocho Angjushev Madagascar Herilanto Raveloharison Alexandre Randrianasolo Malawi Goodall E. Gondwe Ben Botolo Malaysia Lim Guan Eng Ismail Hj Bakar Maldives Ahmed Zuhoor Mohamed Jaleel Mali Boubou Cissé Arouna Modibo Toure Malta a Edward Scicluna Alfred S. Camilleri Marshall Islands Brenson S. Wase David Paul Mauritania El Moctar Ould Djay Abass Sylla Mauritius Pravind Kumar Jugnauth Dharam Dev Manraj Mexico José Antonio González Anaya Miguel Messmacher Linartas Micronesia, Federated States of Sihna N. Lawrence Senny Phillip Moldova Octavian Armasu Tatiana Ivanicichina Mongolia Khurelbaatar Chimed Nadmid Bayartsaikhan Montenegro Darko Radunovic Nina Vujosevic Morocco Mohammed Boussaid Lahcen Daoudi Mozambique Adriano Afonso Maleiane Rogerio Lucas Zandamela Myanmar U Kyaw Win U Maung Maung Win Namibia a Carl Hermann Gustav Schlettwein Ipumbu Shiimi Nauru a David Adeang Martin Hunt Nepal Yuba Raj Khatiwada Rajan Khanal Netherlands Wopke Hoekstra Sigrid Kaag New Zealand Grant Robertson Gabriel Makhlouf Nicaragua Ivan Acosta Montalvan Francisco J. Mayorga Niger Aichatou Boulama Kane Ahmat Jidoud Nigeria Kemi Adeosun Mahmoud Isa-Dutse Norway Nicolai Eivindsson Astrup Jens Frolich Holte Oman Darwish Ismail Al Balushi VACANT Member Country Governor Alternate Pakistan Miftah Ismail Syed Ghazanfar Abbas Jilani Palau Elbuchel Sadang Casmir Remengesau Panama Dulcidio De La Guardia Gustavo Valderrama Papua New Guinea Charles Abel Dairi Vele Paraguay Lea Raquel Gimenéz Duarte Humberto Colmán Peru Carlos Augusto Oliva Neyra Betty Armida Sotelo Bazán Philippines Carlos G. Dominguez Nestor A. Espenilla Poland Adam Glapinski Piotr Nowak Portugal Mario Centeno Ricardo Mourinho Felix Qatar a Ali Sharieff Al Emadi Abdullah Bin Saoud Al-Thani Romania Eugen Orlando Teodorovici Liviu Voinea Russian Federation Maksim Oreshkin Storchak Sergey Anatolyevich Rwanda Uzziel Ndagijimana Claudine Uwera Samoa Sili Sala Epa Tuioti Iulai Lavea San Marino a Andrea Zafferani Dario Galassi Sao Tome and Principe Americo d'Oliveira dos Ramos Ana Maria da Conceicao Silveira Saudi Arabia Mohammed A. Al-Jadaan Ahmed A. Alkholifey Senegal Amadou Ba Papa Amadou Sarr Serbia Sinisa Mali Rasim Ljajic Seychelles a Maurice Loustau-Lalanne Caroline Abel Sierra Leone Jacob Jusu Saffa Sahr Lahai Jusu Singapore Heng Swee Keat Ching Yee Tan Slovak Republic Peter Kazimir Ludovit Odor Slovenia Mateja Vranicar Erman Gorazd Rencelj Solomon Islands Manasseh Damukana Sogavare Harry Degruit Kuma Somalia Abdirahman Duale Beileh Bashir Isse South Africa Nhlanhla Nene Dondo Mogajane South Sudan Salvatore Garang Mabiordit Dier Tong Ngor Spain Nadia Calviňo Santamaría Irene Garrido Valenzuela Sri Lanka Mangala Samaraweera Ruwanchandra Kalu Dura Shantha St. Kitts and Nevis Timothy S. Harris Hillary Hazel St. Lucia Allen M. Chastanet Ubaldus Raymond Member Country Governor Alternate St. Vincent and the Grenadines Camillo Gonsalves Laura Anthony-Browne Sudan Mohamed Osman Suliman Elrkabi Hazim Abdelgadir Ahmed Babiker Suriname a Gillmore Hoefdraad Sieglien Burleson Sweden Magdalena Andersson Isabella Lovin Switzerland Johann N. Schneider-Ammann Ignazio Cassis Syrian Arab Republic Samer Al-Khalil Manhal Hinnawi Tajikistan Faiziddin Qahorzoda Dilshod Ismatullozoda Tanzania Philip Isdor Mpango Doto Mgosha James Thailand Apisak Tantivorawong Prasong Poontaneat Timor-Leste Santina JRF Viegas Cardoso Helder Lopes Togo Kossi Assimaidou Aheba Johnson Tonga Pohiva Tu'i'onetoa Pilimilose Balwyn Fa'otusia Trinidad and Tobago Colm Imbert Camille Robinson-Regis Tunisia Zied Laadhari Kalthoum Hamzaoui Turkey Osman Celik Raci Kaya Merdanguly Magtymgulyyevich Turkmenistan a Batyr Bazarov Palivanov Tuvalu Maatia Toafa Talavai Iona Uganda Matia Kasaija Keith Muhakanizi Ukraine Stepan Kubiv VACANT United Arab Emirates Sheikh Hamdan bin Rashid Al-Maktoum Obaid Humaid Al Tayer United Kingdom Penny Mordaunt Philip Hammond United States Steven T. Mnuchin VACANT Uruguay a Danilo Astori Pablo Ferreri Uzbekistan Sukhrob R. Kholmuradov Azim I. Akhmedkhadjaev Vanuatu Gaetan Pikioune Simeon Malachi Athy Venezuela, Republica Bolivariana de a Simon Alejandro Zerpa Delgado Xabier Fernando Leon Anchustegui Vietnam Minh Hung Le Thi Hong Nguyen Yemen, Republic of Mohammed Saeed Al-Sadi Nazar Abdulla Basuhaib Zambia Margaret Mwanakatwe Alexander Chiteme Zimbabwe Patrick Anthony Chinamasa Willard Lowenstern Manungo Source: Corporate Secretariat, June 30, 2018. a. Not a member of IDA Executive Directors and Alternates of the World Bank and Their Voting Power | June 30, 2018 IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Appointed (Vacant) Erik Paul Bethel United States 385,210 15.98% 2,846,457 10.20% Kazuhiko Koguchi Kenichi Nishikata Japan 166,152 6.89% 2,323,331 8.33% Yingming Yang Minwen Zhang China 107,302 4.45% 617,607 2.21% Juergen Zattler Claus Michael Happe Germany 97,282 4.03% 1,497,064 5.37% Hervé de Villeroché Benoit Paul Eleuthere 91,112 3.78% 1,058,451 3.79% France Catzaras Melanie Robinson David Stephen Kinder United Kingdom 91,112 3.78% 1,807,008 6.48% Elected Franciscus Godts Guenther Austria, Belarusa, Belgium, Czech 117,079 4.86% 1,310,260 4.70% (Belgium) Schoenleitner Republic, Hungary, Kosovo, (Austria) Luxembourg, Slovak Republic, Slovenia, Turkey Fernando Jimenez Rodrigo Carriedo Haro Costa Rica, El Salvador, 115,271 4.78% 675,219 2.42% Latorre (Mexico) Guatemala, Honduras, Mexico, (Spain) Nicaragua, Spain, Venezuela (República Bolivariana de)a Frank Heemskerk Roman Kachur Armenia, Bosnia and Herzegovina, 101,338 4.20% 1,343,436 4.82% (Netherlands) (Ukraine) Bulgariaa, Croatia, Cyprus, Georgia, Israel, Macedonia (former Yugoslav Republic of), Moldova, Montenegro, Netherlands, Romania, Ukraine Jason Allford Hoe Jeong Kim Australia, Cambodia, Kiribati, 97,496 4.04% 1,080,671 3.87% (Australia) (Republic of Korea) Korea (Republic of), Marshall Islands, Micronesia (Federated States of), Mongolia, Naurua, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Tuvalu, Vanuatu Otaviano Canuto Diana Quintero Brazil, Colombia, Dominican 92,222 3.82% 936,862 3.36% (Brazil) (Colombia) Republic, Ecuador, Haiti, Panama, Philippines, Surinamea, Trinidad and Tobago Christine Hogan Peteranne Tamara Antigua and Barbudaa, The 86,326 3.58% 1,232,365 4.42% (Canada) Donaldson Bahamas, Barbados, Belize, (Jamaica) Canada, Dominica, Grenada, Guyana, Ireland, Jamaicaa, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines Aparna Subramani Muhammad Musharraf Bangladesh, Bhutan, India, Sri 85,057 3.53% 1,109,522 3.98% (India) Hossain Bhuiyan Lanka (Bangladesh) IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Patrizio Pagano Paulo Pedroso Albania, Greece, Italy, Maltaa, 83,140 3.45% 870,036 3.12% (Italy) (Portugal) Portugal, San Marinoa, Timor-Leste Werner Gruber Katarzyna Zajdel- Azerbaijan, Kazakhstan, Kyrgyz 75,125 3.12% 1,278,615 4.58% (Switzerland) Kurowska Republic, Poland, Serbia, (Poland) Switzerland, Tajikistan, Turkmenistana, Uzbekistan Susan Anette Ulbaek (Vacant) Denmark, Estonia, Finland, 74,726 3.10% 1,514,039 5.43% (Denmark) Iceland, Latvia, Lithuania, Norway, Sweden Omar Bougara Shahid Ashraf Tarar Afghanistan, Algeria, Ghana, Iran 74,497 3.09% 714,051 2.56% (Algeria) (Pakistan) (Islamic Republic of), Morocco, Pakistan, Tunisia Andin Hadiyanto Mastura Abdul Karim Brunei Darussalama, Fiji, 71,587 2.97% 820,390 2.94% (Indonesia) (Malaysia) Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga, Vietnam Andrei Lushin Eugene B. Miagkov Russian Federation, Syrian Arab 70,373 2.92% 101,674 0.36% (Russian Federation) (Russian Federation) Republic Merza Hasan Ragui El-Etreby Bahraina, Egypt (Arab Republic of), 68,279 2.83% 578,042 2.07% (Kuwait) (Arab Republic of Iraq, Jordan, Kuwait, Lebanon, Egypt) Libya, Maldives, Oman, Qatara, United Arab Emirates, Yemen (Republic of) Khalid Alkhudairy Turki Dhaifallah Saudi Arabia 67,213 2.79% 911,234 3.27% (Saudi Arabia) Almutairi (Saudi Arabia) Maximo Torero Daniel Pierini Argentina, Bolivia, Chile, Paraguay, 56,233 2.33% 602,342 2.16% (Peru) (Argentina) Peru, Uruguaya Seydou Bouda Jean-Claude Benin, Burkina Faso, Cabo Verde, 50,093 2.08% 1,206,699 4.33% (Burkina Faso) Tchatchouang Cameroon, Central African (Cameroon) 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 Andrew Bvumbe Anne Kabagambe Botswana, Burundi, Eritrea, 47,101 1.95% 1,133,351 4.06% (Zimbabwe) (Uganda) Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibiaa, Rwanda, Seychellesa, Sierra Leone, Somalia, South Sudan, Sudan, Swaziland, Tanzania, Uganda, Zambia, Zimbabwe IBRD IDA Executive Director Alternate Casting votes of Total % of Total % of votes total votes total Patience Bongiwe Haruna Mohammed Angola, Nigeria, South Africa 39,850 1.65% 328,533 1.18% Kunene (Nigeria) (South Africa) a. Not a member of IDA. In addition to the Executive Directors and Alternates shown in the foregoing list, the following also served after June 30, 2017. Executive Director End of period of service Alternate End of period of service Subhash Chandra Garg July 12, 2017 Claudio Doltu August 7, 2017 (India) (Romania) Karen Mathiasen November 2, 2017 Daiho Fujii July 30, 2017 (United States) (Japan) Heath Tarbert April 9, 2018 Paulina Gomulak March 31, 2018 (United States) (Poland) Nasir Mahmood Khosa December 25, 2017 (Pakistan) Nuno Mota Pinto January 25, 2018 (Portugal) Martin Poder June 29, 2018 (Estonia) Clare Roberts December 28, 2017 (United Kingdom) 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 2804 Washington, DC October 14, 2017 1. The Development Committee met today, October 14, in Washington, D.C. 2. Global growth has improved over the past year with a recovery in investment, trade and commodity prices as well as supportive global financial conditions. Still, risks to the global outlook remain skewed to the downside, and prospects for growth vary widely across countries. While there has been encouraging progress in poverty reduction globally; high rates of inequality persist within and among countries, and stubborn pockets of poverty remain. Complex, interlinked challenges also risk rolling back the important gains of recent decades in an increasingly interconnected global economy. 3. The urgency and scale of today’s risks to development require national and global coordinated action to achieve robust, sustainable, and inclusive development outcomes. The WBG is an effective and accountable leader in the global development arena, and we acknowledge its strong track record of supporting countries’ long-term development ambitions. With its capable staff, it is well-positioned to catalyze and deploy public and private finance to serve all clients using a range of financial, risk, advisory and knowledge products. It also has the capacity to convene partners at the global, regional, and national levels. These factors make it a unique institution within the development community. 4. Recent human losses and economic shocks caused by natural disasters, famine, conflict, and displacement demonstrate that hard-earned economic and social gains can easily be lost. The need for fiscal adjustment also poses challenges in many economies, especially in highly indebted countries. We call on the WBG and the International Monetary Fund (IMF) to remain alert to the risk of debt distress amid the cyclical and structural headwinds that confront many developing economies, including through enhanced support for private investment in Africa. Their continued assistance is critical to countries’ efforts to achieve sustainable and inclusive growth, enhance human capital, and strengthen resilience. 5. To promote sustainable and inclusive growth, we urge enhanced coordination and partnership across multilateral development banks (MDBs) and other international financial institutions (IFIs) to help leverage the financing required to create jobs and build healthy economies. We are encouraged by WBG efforts to maximize finance for development, including through the Cascade approach, which is intended to ensure that public and private investments are complementary. We ask the WBG to help countries maximize their development resources by drawing appropriately on private sector solutions to achieve the WBG’s twin goals and the Sustainable Development Goals (SDGs). 6. To enhance human capital, we encourage systematic approaches to health, nutrition, education, and social protection that create the foundations for long-term development. In particular, we welcome the World Development Report, Learning to Realize Education’s Promise. Improving learning outcomes for all is an important practical strategy for eliminating poverty and achieving shared prosperity. It is also a moral imperative. When children attend school without learning even the most basic life skills, it is not just a wasted opportunity; it is also a grave injustice. We urge the WBG to work with clients to adapt and design policies which over time can help them bolster learning and prepare their citizens for technological changes that will transform labor markets. 7. Closing gender gaps for women in access to property, finance and decent work is critical for achieving the SDGs. We are encouraged by the WBG’s creation of the Women Entrepreneurs Finance Initiative, which is expected to leverage more than US$1 billion to help unlock the potential of women entrepreneurs. We also welcome the creation of a Gender Diversity Working Group at the Board of Executive Directors and request an update on its progress by the Spring Meetings in 2018. 8. To strengthen resilience, we urge continued investment in policies and programs that enable economic diversification and minimize the negative impact of acute and long-term challenges to development. Macroeconomic shocks arising from such crises as conflict, pandemics, natural disasters, and extreme weather events can displace communities and create high costs in terms of lost lives, livelihoods, infrastructure and social cohesion. Moreover, cyclical shocks place pressure on vulnerable financial systems. We call on the WBG and IMF to continue to work with countries to strengthen domestic resource mobilization, reduce illicit financial flows, create instruments for crisis and disaster prevention and preparedness, and ensure economic and social resilience when crises and disasters occur. 9. We highlight the need for action to address challenges – climate change, migration and forced displacement, global health, as well as fragility, conflict and violence (FCV) – that threaten all countries. We applaud platforms such as the Caribbean Catastrophe Risk Insurance Facility, the Global Concessional Financing Facility and the Pandemic Emergency Financing Facility as examples of WBG leadership in helping countries apply solutions at national, regional, and global levels. We note the ambition set out in the WBG Climate Change Action Plan. We recognize that small states are disproportionately affected by disaster risks and note the continued importance of facilitating their access to finance. 10. We welcome the start of IDA18, its record replenishment of US$75 billion, its new financial model and Triple A rating, and its focus on jobs and economic transformation, gender, climate change, governance and FCV. We look forward to successful implementation, including the contribution that increases in funding and staff will make in countries affected by FCV. We especially commend the renewed focus on facilitating private sector investment to boost growth for the poorest and most vulnerable. In this regard, we recognize the importance of IDA18’s IFC-MIGA Private Sector Window to mobilize private investment and create markets in the most challenging environments. 11. We are encouraged by the Forward Look implementation update and recognize the importance of the WBG serving all client segments, noting that resources should be strategically deployed to meet global and client needs and targeted to areas of the world that most need funding and have least access to capital, with a tailored value proposition to the full range of clients. We support the initiatives that seek to optimize operational and administrative simplification without compromising the quality of WBG operational and analytical support. We expect the WBG to continuously strive for improvement through initiatives such as the Environment and Social Framework implementation, the Agile program as well as the Compensation Review. Increasing efficiency and effectiveness are also critical to support the institution’s goals of reducing poverty and boosting shared prosperity in a sustainable manner. We look forward to a further update at the Spring Meetings 2018, including targets for measuring progress. 12. We welcome the progress report to Governors on the Shareholding Review. We endorse the continuing work that provides for further consideration of options and call on the Board to bring these discussions to a successful conclusion by Spring Meetings 2018. 13. We recall the high ambition set out in the Forward Look and recognize the expectations placed on the WBG. We ask the Board and Management to review all possible options to enhance the WBG’s financial capacity and develop a package of measures, including internal levers and general and selective capital increases, for Governors’ consideration, with the aim of reaching a decision at the 2018 Spring Meetings. 14. The next meeting of the Development Committee is scheduled for April 21, 2018. 2 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) 458-0388 Washington, DC April 21, 2018 1. The Development Committee met today, April 21, in Washington, D.C. 2. We welcome the fundamental reforms that have been negotiated as part of the proposed capital package and that will allow the World Bank Group (WBG) to more effectively deliver development results in a financially sustainable manner. We recognize that the WBG has set out an ambitious strategy to support achievement of the 2030 development agenda, and that it is committed to implementing the necessary operational changes and effectiveness reforms to successfully deliver on the vision of the Forward Look. We also recognize that the WBG must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges. 3. We welcome the Forward Look Implementation Update report, including the metrics put forth for measuring progress and the continued efforts toward becoming a better and stronger Bank. We recognize the importance of staying engaged with all clients, while continually ensuring that WBG resources are strategically deployed to meet global and client needs and targeted to areas of the world that most need funding. Engagements with shareholders on the Forward Look strongly affirmed the WBG’s role as a premier institution in development. We reiterate our commitment to the twin goals of eliminating extreme poverty and boosting shared prosperity and to the four key priorities that the Forward Look established: (i) stay engaged with all clients; (ii) lead on the Global Public Goods agenda; (iii) mobilize capital and create markets; and (iv) continually improve effectiveness and the internal operational model. 4. We welcome the successful conclusion of the negotiations on the financial and policy package contained in the Sustainable Financing for Sustainable Development report. The financial package includes a US$13 billion paid-in capital increase, consisting of US$7.5 billion for IBRD and US$5.5 billion for IFC, via general and selective capital increases. In addition, there will be a callable capital increase for IBRD. This is a transformative package, comprising fundamental institutional and financial reforms. These include internal efficiency and revenue measures, and an increase in capital that will support a financially sustainable and efficient WBG. We look forward to the policy commitments in the package and the Forward Look being regularly monitored and reported on in an integrated way and independently assessed after five years. We ask that Board-related and senior management budgets, including salaries, be reviewed by the appropriate bodies, to identify possible additional cost-saving measures with the aim of making a meaningful contribution to the financial package. 5. We welcome the Report of the Shareholding Review and accept its recommendations. The recommended Selective Capital Increase (SCI) for IBRD will result in rebalanced shareholding and reduce extreme under-representation while continuing to deliver voice reform in manageable steps. The recommended SCI for IFC will result in more closely aligned voting power between the institutions of the WBG and contribute to the IFC capital increase. 6. We appreciate the intensive engagement by the Board and management on the new financial, shareholding, and institutional reform packages. We ask the Board and management to submit draft resolutions to Governors by the end of June for approval by the Annual Meetings 2018. 7. As agreed by Governors in 2010, the next five-yearly Shareholding Review will take place in 2020. This will provide an opportunity to review under-representation relative to updated calculated shareholding from the IBRD Dynamic Formula, as well as the other issues identified in the Lima shareholding review principles, including the rights and responsibilities of shareholders. It will also provide an opportunity to consider further the methodology for IFC shareholding. 8. The capital package has been developed against the backdrop of a changing and increasingly complex development landscape. Despite impressive gains in recent decades, development progress remains uneven. Keeping up the pace of past progress and addressing emerging challenges will require sustained effort in the face of persistent global headwinds and structural changes to the global economy. Although global growth is expected to be robust in the near term, the continued weakness of productivity growth and lingering financial vulnerabilities call for wide-ranging reforms that will lay the foundation for strong growth over the longer term. 9. As the main driver of investment, innovation and jobs, the private sector needs to play a much greater role in development. We call on the World Bank, IFC, and MIGA to work closely together to tackle market and regulatory imperfections, strengthen policies and institutional capacity, and collaborate to mobilize private investment for inclusive development and poverty reduction. The WBG must continue to crowd in private sector resources to contribute to stability and growth potential, quality infrastructure, and human capital, including through strengthened health and education systems and enhanced skills development and local job creation. We recognize the value of the multilateral development banks working together more systematically and encourage the WBG to continue coordinating with others in order to maximize financing and development impact. We urge the WBG and the IMF to further enhance their support for governments seeking to boost domestic resource mobilization and combat illicit financial flows. 10. The WBG is uniquely placed to address global development challenges, combining knowledge, convening power and financial leverage. We encourage it to intensify its engagement to provide global public goods, help clients embed resilience in their growth trajectories, and address global development issues including gender equality, climate, regional integration, and pandemics. 11. We welcome progress on implementing IDA 18, where a record replenishment and innovative initiatives have the potential to meet the most urgent development challenges. IDA’s increased focus on jobs and economic transformation, including through the innovative Private Sector Window, is encouraging investment in IDA countries. We also welcome overall WBG engagement in situations of fragility, conflict and violence, especially where humanitarian crises cause hardship and forced displacement. We support management’s efforts to increase its field presence in these areas. 12. We note with concern the marked increase in public debt levels in low-income countries in recent years, and call on the WBG and IMF to work together on a multi-pronged approach to reduce public debt vulnerabilities. They should continue to work closely with governments to strengthen fiscal frameworks and debt management capacity, and to tackle debt data gaps and improve debt transparency, working with creditors where relevant. We welcome the upcoming roll-out of an upgraded Debt Sustainability Framework for low-income countries by the two institutions, which will enable a richer analysis and assessment of public debt vulnerabilities by governments. 13. We acknowledge the Progress Report on Mainstreaming Disaster Risk Management in WBG operations and look forward to an update in two years. We are encouraged by overall financing commitments, portfolio distribution, and continued demand for specialized policy instruments and investments to support resilience and disaster risk and recovery. We call on the WBG to strengthen capacity by engaging in strategic partnerships, including with the UN, IMF, and public and private partners to mobilize finance, develop relevant tools, forge south-south cooperation, and stay attentive to the needs of vulnerable clients such as small island states. 14. We welcome the Update to Governors on Gender Diversity in the WBG Executive Boards. We support the continuing work to enhance and promote gender diversity at the Board and are committed to work alongside Executive Directors in this regard. We look forward to the progress report in advance of the 2019 Spring Meetings. 15. We appreciate the WBG’s continued commitment to protecting the most vulnerable in society and promoting environmentally sound development practices. We expect rigorous implementation of the new Environment and Social Framework. We look forward to continued WBG follow up on the recommendations of the Gender Based Violence Task Force. 16. The next meeting of the Development Committee is scheduled for October 13, 2018, in Bali, Indonesia. 2 Officers of the World Bank | June 30, 2018 Name Title Jim Yong Kim President Kristalina Georgieva Chief Executive Officer Joaquim Levy Managing Director and World Bank Group Chief Financial Officer Shaolin Yang Managing Director and World Bank Group Chief Administrative Officer Antonella Bassani Vice President, Budget, Performance Review, and Strategic Planning Gonzalo Castro Chairperson, Inspection Panel Shanta Devarajan Acting World Bank Group Chief Economist Ousmane Diagana Vice President, World Bank Group Human Resources Makhtar Diop Vice President, Africa Annette Dixon Vice President, Human Development Pascale Hélène Dubois Vice President, Institutional Integrity; Acting Vice President, Ethics and Business Conduct Jorge Familiar Calderon Vice President, Latin America and Caribbean Manuela Ferro Vice President, Operations Policy and Country Services Hafez Ghanem Vice President, Middle East and North Africa Osvaldo Luis Gratacós Vice President, Compliance Advisor/Ombudsman Caroline Heider Director General, Independent Evaluation Group Victoria Kwakwa Vice President, East Asia and Pacific Bernard Lauwers Vice President and World Bank Group Controller Senior Vice President for the 2030 Development Agenda, United Nations Relations, and Mahmoud Mohieldin Partnerships Cyril Muller Vice President, Europe and Central Asia Hiroshi Naka Vice President and Auditor-General Sandie Okoro Senior Vice President and World Bank Group General Counsel Arunma Oteh Vice President and Treasurer Sheila Redzepi Vice President, World Bank Group External and Corporate Relations World Bank Group Vice President, Information and Technology Solutions, and WBG Chief Denis Robitaille Information Officer Hartwig Schafer Vice President, Global Themes Ethel Sennhauser Acting Vice President, South Asia Lakshmi Shyam-Sunder Vice President and World Bank Group Chief Risk Officer Yvonne Tsikata Vice President and Corporate Secretary Laura Tuck Vice President, Sustainable Development Axel van Trotsenburg Vice President, Development Finance Jan Walliser* Vice President, Equitable Growth, Finance, and Institutions *Vice President of the Equitable Growth, Finance, and Institutions Practice Group until June 2018. Organizational Chart Board of Governors Effective June 25, 2018 Caroline Heider Gonzalo Castro Director General Executive Directors Chairperson Independent Evaluation Inspection Panel Sandie Okoro Yvonne Tsikata Sr. Vice President & Vice President WBG General Counsel Corporate Secretary Jim Yong Kim Shantayanan Devarajan President Acting WBG Chief Economist Hiroshi Naka Vice President & Auditor-General Mahmoud Mohieldin Internal Audit Sr. Vice President 2030 Development Agenda UN Relations & Partnerships Sheila Redzepi Joaquim Levy Shaolin Yang Ousmane Diagana Kristalina Georgieva Vice President Managing Director Managing Director Vice President Chief Executive Officer & WBG Chief & WBG Chief IBRD/IDA WBG External & Financial Officer Administrative Officer WBG Human Resources Corporate Relations Lakshmi Shyam-Sunder Antonella Bassani Jorge Familiar Calderon Vice President & Makhtar Diop Annette Dixon Vice President Hartwig Schafer Vice President WBG Chief Risk Officer Vice President Vice President Vice President Budget, Performance Latin America and Group Chief Risk Officer Africa Human Development Review & Strategic Planning Global Themes Caribbean Axel van Trotsenburg Pascale Helene Dubois Manuela Ferro Victoria Kwakwa Hafez Ghanem Laura Tuck Vice President Vice President Vice President Vice President Vice President Vice President Development Finance Institutional Integrity Operations Policy and East Asia and Pacific Middle East & North Africa Sustainable Development Country Services Jorge Dajani Gonzalez Arunma Oteh Vice President & Akihiko Nishio Vice President & WBG Chief Ethics Officer Cyril Muller Ethel Sennhauser Acting Vice President Treasurer Vice President Acting Vice President WBG Ethics & Business Equitable Growth, Finance Treasury Conduct Europe and Central Asia South Asia and Institutions Denis Robitaille Bernard Lauwers Vice President & Vice President & WBG CIO WBG Controller WBG Information and WBG Finance & Accounting Technology Solutions 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 Performance; 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 2018 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, 2018. 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 2018 the overall Staff Retirement Plan (SRP) contribution rate is 30.15 percent as provided by Treasury. The World Bank Group pension contribution increased from 29.99 percent in fiscal 2017 to 30.15 percent in fiscal 2018. 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 28.51 percent for gross plan and 30.13 percent for net plan as estimated by the Bank Group’s Principal Actuary. 4. Thus, for Executive Management in the gross plan (Philippe H. Le Houerou, Shaolin Yang), the fiscal 2018 pension contribution is estimated at 28.51 percent. For the rest of management, who are in the net plan, the pension contribution is estimated at 30.13 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 9.64 percent, and separation grant of 1.39 percent for those not eligible). The historical average benefits, excluding pension, is 33.67 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. 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 2.2 percent for fiscal 2018, effective July 1, 2017, 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, 2018: 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 500,600 150,806 202,940 Philippe H. Le Houerou, Chief Executive Officer IFC e 419,400 119,571 i 178,836 Kristalina I. Georgieva, Chief Executive Officer IBRD/IDA f 419,400 - 178,836 Caroline Heider, Director General 419,400 126,344 94,956 Keiko Honda, Executive Vice President and Chief Executive 411,970 124,106 93,274 Officer MIGA Joaquim Vieira Ferreira Levy, Managing Director and WBG Chief 411,600 123,995 93,190 Financial Officer Mahmoud Mohieldin, Senior Vice President for the 2030 411,390 123,931 93,142 Development Agenda, United Nations Relations, and Partnerships Shaolin Yang, Managing Director and WBG Chief Administrative 403,070 114,915 i 91,259 Officer Paul M. Romer, Senior Vice President and Chief Economist g 403,070 121,425 91,259 Sandra Ngozi Okoro Hopkins, Senior Vice President and General 375,000 112,969 84,903 Counsel Executive Directors h 258,570 n.a. n.a. Alternate Executive Directors h 223,680 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, 2017 through June 30, 2018. 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 $89,600 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. Le Houerou’s WBG Contribution to Other Benefits includes a scarce skills premium of $83,880. f. Ms. Georgieva is a former Gross Plan retiree and she is not eligible to participate in the staff retirement plan. Her WBG Contribution to Other Benefits includes a scarce skills premium of $83,880. g. Mr. Romer retired from his position as Senior Vice President and Chief Economist effective January 25, 2018. His actual net of tax salary for July 1, 2017, to January 25, 2018, was $229,876. The WBG contributed $69,250 to his pension and $52,046 to other benefits over the fiscal year. h. These figures do not apply to the U.S. Executive Director and Alternate Executive Director, who are subject to U.S. congressional salary caps. i. Pension benefits for these staff members are based on Staff Retirement Plan (SRP) provisions in effect prior to April 15, 1998. As of June 30, 2018, the salary structure (net of tax) and annual average net salaries/benefits for World Bank Group staff were as follows: Staff Salary Structure (Washington, D.C.) Staff at Average Average Minimum Midpoint Maximum grade salary/grade benefitsa Grades Representative job titles (US$) (US$) (US$) level (%) (US$) (US$) GA Office Assistant 27,200 38,900 50,600 0.02% 38,995 21,129 GB Team Assistant, Information Technician 33,200 47,500 61,800 0.23% 46,393 25,137 GC Program Assistant, Information Assistant 40,700 58,100 75,500 6.69% 59,947 32,481 GD Senior Program Assistant, Information 47,900 68,500 89,100 6.21% 74,009 40,101 Specialist, Budget Assistant GE Analyst 65,200 93,100 121,000 10.44% 85,303 46,220 GF Professional 85,300 121,800 158,300 21.06% 111,642 60,491 GG Senior Professional 112,800 161,200 209,600 33.68% 155,672 84,349 GH Manager, Lead Professional 153,000 218,600 284,200 18.72% 218,903 118,609 GI Director, Senior Advisor 233,100 291,400 349,700 2.50% 289,412 156,813 GJ Vice President 278,900 328,100 377,300 0.37% 359,193 194,623 GK Managing Director, Executive Vice 310,000 364,700 419,400 0.08% 408,904 263,497 President, Chief Executive Officer Note: Because WBG staff, other than U.S. citizens, usually are 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 relative 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 non-salary benefits. Excludes tax allowances. Offices of the World Bank Washington, DC Tokyo Armenia 1818 H Street NW Mr. Masato Miyazaki Ms. Sylvie K. Bossoutrot Washington, DC 20433, USA Special Representative, Japan The World Bank Group Tel: (202) 473-1000 The World Bank Group 9 G. Lousavorich Street Web: http://www.worldbank.org 10th Floor, Fukoku Seimei Building Yerevan 0015, Armenia 2-2-2 Uchisaiwai-cho, Chiyoda-ku, Tel: (+374‐10) 59 42 44 New York Tokyo 100-0011 Japan E‐mail: sbossoutrot@worldbank.org Mr. Bjorn Erik Gillsater Tel: (81-3) 3597-6650 Web: http://www.worldbank.org/am The World Bank Group Fax: (81-3) 3597-6695 1 Dag Hammarskjold Plaza E-mail: mmiyazaki@worldbankgroup.org * Australia 885 2nd Avenue, 26th Floor Web: http://www.worldbank.org/en/country/japan Mr. Michel Kerf New York, N.Y. 10017, U.S.A. Country Director - Papua New Guinea & Tel: (212) 317-4720 * Afghanistan Pacific Islands Fax: (212) 317-4733 Mr. Shubham Chaudhuri The World Bank Group E-mail: bgillsater@worldbankgroup.org The World Bank Group Level 19, 14 Martin Place Street No. 15, House No. 19 Sydney NSW 2000, Australia * Europe Wazir Akbar Khan Tel: (61-2) 9235-6412 Mr. Mario Sander Kabul, Afghanistan Fax: (61-2) 9235-6593 The World Bank Tel: 93-70-113-3397 E-mail: mkerf@worldbank.org 66 avenue d’Iéna E-mail: schaudhuri@worldbank.org Web: http://www.worldbank.org/pacificislands 75116 Paris, France Web: http://www.worldbank.org/af Tel: (33-1) 40 69 30 21 * Austria E-mail: msander@worldbankgroup.org Albania Ms. Linda Van Gelder Web: http://www.worldbank.org/europe Ms. Maryam Salim Regional Director for the Western Balkans The World Bank Group The World Bank Group Berlin Ibrahim Rugova Street, Villa No. 34 31 Praterstrasse, 21st floor Mr. Rainer Venghaus Tirana, Albania 1020 Vienna, Austria The World Bank Tel: (355-4) 2280 650/51 Tel: (43-1) 217- 0700 Reichpietschufer 20 Fax: (355-4) 2240 590 Fax: (43-1) 217-0701 10785 Berlin, Germany E-mail: msalim1@worldbank.org E-mail: lvangelder@worldbank.org Tel: +49 (0)30 72614 250 Web: http://www.worldbank.org/al Web: E-mail: rvenghaus@worldbankgroup.org http://www.worldbank.org/en/region/eca/brief/worl Web: http://www.worldbank.org/en/country/germany Algeria d-bank-group-in-vienna Mr. Demba Ba Brussels The World Bank Group Azerbaijan Mr. Massimiliano Paolucci 07, Chemin Macklay The World Bank Group The World Bank Group Ben Aknoun 90A Nizami Street Avenue Marnix 17 Algiers, Algeria 16306 The Landmark III, 5th Floor 1000 Brussels, Belgium Tel: (213) 21 79 51 53 Baku, AZ1010, Azerbaijan Tel: (32-2) 552 00 52 Fax: (213) 21 79 51 59 Tel.: (994-12) 492 1941 Fax: (32-2) 552 00 25 E-mail: Dba@worldbank.org Fax: (994-12) 492 6873 E-mail: mpaolucci@worldbankgroup.org Web: http://www.worldbank.org/dz Web: http://www.worldbank.org/az Web: http://www.worldbank.org/eu Angola * Bangladesh Geneva Ms. Clara Ana Coutinho De Sousa Mr. Qimiao Fan Mr. Jos Verbeek Banco Mundial The World Bank The World Bank Avenida Lenine N0 86, 70 andar, Ingombota Plot E-32, Agargaon 3 chemin Louis-Dunant Luanda, Republica de Angola Sher-e-Bangla Nagar Post Office Box 66 (postal address: Caixa Postal 1331) Dhaka 1207, Bangladesh 1211 Geneva 20, Switzerland Tel: (244-222) 394-677 (postal address: G.P.O. Box 97) Tel: (41-22) 748 1000 Fax: (244-222) 394-784 Tel: (880-2) 5566-7777 Fax: (41-22) 748 1030 E-mail: cdesousa@worldbank.org Fax: (880-2) 5566-7778 E-mail: Jverbeek@worldbank.org Web: http://www.worldbank.org/ao E-mail: qfan@worldbank.org Web: http://www.worldbank.org.bd London * Argentina Mr. Andrew J. Felton Mr. Jesko S. Hentschel Belarus The World Bank Group The World Bank Group Mr. Alexander Kremer 12th Floor, Millbank Tower Bouchard 547, 29th Floor The World Bank Group 21-24, Millbank C1106ABG Buenos Aires, Argentina 6 Rumyantseva Street London SW1P 4QP, England Tel: (54-11) 4316-9700 / 4316-0600 Minsk, 220034, Republic of Belarus Tel: (44-20) 7592 8400 Fax: (54-11) 4313-1233 Tel: (375-17) 359-1950 Fax: (44-20) 7592 8420 E-mail: Jhentschel@worldbank.org Fax: (375-17) 3559-1962 E-mail: afelton@worldbankgroup.org Web: http://bancomundial.org.ar E-mail: akremer@worldbank.org Web: www.worldbank.org/unitedkingdom Web: http://www.worldbank.org/by Armenia Rome Ms. Sylvie K. Bossoutrot * Belgium The World Bank The World Bank Group Mr. Arup Banerji (ECCU5) Via Labicana 110 9 G. Lousavorich Street Europe and Central Asia Unit 00184 Rome, Italy Yerevan 0015, Armenia The World Bank Group Tel: (39-06) 77 71 01 Tel: (+374-10) 59 42 44 Avenue Marnix 17 Fax: (39-06) 70 96 046 E-mail: sbossoutrot@worldbank.org 1000 Brussels, Belgium Web: http://www.worldbank.org/europe Web: http://www.worldbank.org/am Tel: (32-2) 504 09 94 Fax: (32-2) 504 09 99 E-mail: Abanerji@worldbank.org Web: http://www.worldbank.org/eu _________________________________________ 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 August 21, 2018. Offices of the World Bank Benin Bulgaria Chile Ms. Katrina M. Sharkey Mr. Fabrizio Zarcone 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 / 21 30 58 97 E-mail: fzarcone@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 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) 25 49 6300 E-mail: bhofman@worldbank.org P.O. Box 244 Fax: (226) 25 49 6364 Web: http://www.worldbank.org/china Thimphu, Bhutan E-mail: ckante@worldbank.org Web: http://shihang.org/china Tel: (975) 77 182 111 Web: http://www.worldbank.org/bf Fax: (975) 77 182 113 Colombia E-mail: yishihara@worldbank.org Burundi Mr. Ulrich Zachau Mr. Nestor Coffi The World Bank Group Bolivia Banque Mondiale Carrera 7 No.71-21 Mr. Nicola Pontara 03, Avenue de l’Aviation, Rohero 1 Torre A, piso 16 (WB) or Piso 14 (IFC) The World Bank Group Bujumbura, Burundi Apartado 10229 Edificio Victor (WB) Piso 9/ (IFC) Piso 8 (postal address: B.P. 2637) Bogota, Colombia Calle Fernando Guachalla #342 – Sopocachi Tel: (257) 2220 6200, 2220 6221 Tel: (57-1) 326-3600 La Paz, Bolivia Fax: (257) 2222 6005 Fax: (57-1) 326-3480 (postal address: Casilla 8692) E-mail: ncoffi@worldbank.org E-mail: uzachau@worldbank.org Tel: (591-2) 261-3300 Web: http://www.worldbank.org/bi Web: http://www.worldbank.org/co Fax: (591-2) 261-3305 Web: http://bancomundial.org/co E-mail: npontara@worldbank.org Cambodia Web: http://www.worldbank.org/bo Ms. Inguna Dobraja * Congo, Democratic Republic of the The World Bank Mr. Ahmadou Moustapha Ndiaye Bosnia and Herzegovina Exchange Square Building 10th Floor, The World Bank Group Ms. Tatiana A. Proskuryakova No. 19-20, Street 106, Sangkat Wat Phnom Boulevard: Tshatshi, no. 49 The World Bank Phnom Penh, Cambodia Kinshasa-Gombe UNITIC Tower B Tel: (855-23) 261315 Democratic Republic of the Congo Fra Andjela Zvizdovica 1 Fax: (855-23) 261301 Tel: (243) 9999 49015 71000 Sarajevo E-mail: Idobraja@worldbank.org E-mail: andiaye@worldbank.org Bosnia and Herzegovina Web: http//www.worldbank.org/kh Web: http://www.worldbank.org/cd Tel: (387-33) 251 500 Fax: (387-33) 226 945 * Cameroon Congo, Republic of E-mail: Tproskuryakova@worldbank.org Ms. Elisabeth Huybens Mr. Djibrilla Adamou Issa Web: http://www.worldbank.org/ba Banque Mondiale The World Bank rue 1. 792, No. 186 Immeuble BDEAC, 2ème étage Botswana Yaoundé, Cameroon Boulevard Denis Sassou Nguesso Ms. Xavier Furtado Nouvelle Route Bastos-Ekoudou P.O. Box 14536 The World Bank (postal address: B.P. 1128) Brazzaville, Republic of Congo Time Square Tel: (237) 222 50 80 00 Tel: (242) 22281 33 30, 22281 46 38 Plot 134 Fax: (237) 22 21 07 22 Fax: (242) 22281 53 16 Independence Avenue E-mail: ehuybens@worldbank.org E-mail: dissa1@worldbank.org Gaborone, Botswana Web: http://www.worldbank.org/cm Web: http://www.worldbank.org/cg Tel: (267) 310 5465 Fax: (267) 310 5456 Central African Republic * Côte d’Ivoire E-mail: xfurtado@worldbank.org Mr. Robert Bou Jaoude Mr. Pierre Frank Laporte (Postal address: P.O. Box 20976) The World Bank Group The World Bank Group Rue des Missions Cocody - Angle des rues Booker Washington and * Brazil Bangui, République Centrafricaine Jacques Aka Mr. Martin Raiser (postal address: B.P. 819) Abidjan, Côte d'Ivoire Banco Mundial Tel: (236) 21 61 61 38 (postal address: B.P. 1850) Setor Comercial Norte Quadra 02 Fax: (236) 21 61 60 87 Tel: (225) 22 40 04 00 Lote A – Edificio E-mail: rboujaoude@worldbank.org Fax: (225) 22 40 04 61 Corporate Financial Center, 7o Andar Web: http://www.worldbank.org/cf E-mail: plaporte@worldbank.org Brasilia, DF 70712-900, Brasil Web: http://www.worldbank.org/ci Tel: (55-61) 3329-1000 Chad Fax: (55-61) 3329-1010 Mr. François Nankobogo Comoros E-mail: mraiser@worldbank.org The World Bank Group Mr. Rasit Pertev Web: http://www.worldbank.org/br Intersection de la rue Hamit Hangata & The World Bank Group Avenue Idriss Miskine United Nations Building, Moroni, Hamramba N'Djamena, Chad Union of Comoros (postal address: B.P. 146) Po.Box 648 Tel: (235) 2252-3247, 2252-3360 Tel: (269) 773 2032 Fax: (235) 2252-4484 E-mail : rpertev@worldbank.org E-mail: fnankobogo@worldbank.org Web : http://www.worldbank.org/comoros Web: http://www.worldbank.org/td _________________________________________ 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 August 21, 2018. Offices of the World Bank Croatia * Ethiopia Guatemala Ms. Elisabetta Capannelli Ms. Carolyn Turk Ms. Homa-Zahra Fotouhi The World Bank Group The World Bank Group The World Bank Group Radnička cesta 80/IX Avenue (Bole Road) 13 Calle 3-40 10000 Zagreb, Croatia adjacent to Civil Service Ministry Zona 10, Edificio Atlantis, Piso 14 Tel: (385-1) 2357-222 Kirkos Sub-City Guatemala City, Guatemala Fax: (385-1) 2357-200 Addis Ababa, Ethiopia Tel: (502) 2329-8000 E-mail: ecapannelli@worldbank.org (postal address: P.O. Box 5515) Fax: (502) 2329-8099 Web: http://www.worldbank.org/hr Tel: (251-11) 517 60 00 E-mail: hfotouhi@worldbank.org Fax: (251-11) 662 77 17 Web: http://www.worldbank.org/gt Dominican Republic E-mail: cturk@worldbank.org Mr. Alessandro Legrottaglie Web: http://www.worldbank.org/et Guinea The World Bank Group Mr. Rachidi B. Radji Av. Lope de Vega No. 29 Fiji The World Bank Group Torre Novocentro, Piso 10 Mr. Lasse Melgaard Immeuble de l’Archevêché Ensanche Naco The World Bank Group Face Baie des Anges Santo Domingo, R.D. Level 4, Ra Marama Building Conakry, Guinée Tel: (809) 872-7300 91 Gordon Street (postal address: B.P. 1420) Fax: (809) 872-7307 Suva, Fiji Tel: (224) 669 88 88 10/622 66 27 66 E-mail: alegrottaglie@worldbank.org Tel: (679) 322-8900 E-mail: Rradji@worldbank.orgx Web: Fax:(679) 331-8074 Web: http://www.worldbank.org/gn http://www.worldbank.org/en/country/dominicanrep E-mail: lmelgaard@worldbank.org ublic Web: http://www.worldbank.org/pacificislands Guinea-Bissau Ms. Kristina Svensson Djibouti, Republic of France, Marseille The World Bank Group Mr. Atou Seck Ms. Blanca Moreno-Dodson Rua Rui Djassi, Prédio das Naçoes Unidas The World Bank Group The World Bank Escrítório do Banco Mundial Lot 155, Extension Heron Center for Mediterranean Integration (CMI) Bissau, Guinea-Bissau Djibouti, Republic of Djibouti Villa Valmer Tel: (245) 95 5651448 (postal address: P.O. Box 1612) 271 Corniche Kennedy E-mail: ksvensson@worldbank.org Tel: (253) 21 35 10 90 13007 Marseille, France Web: http://www.worldbank.org/guineabissau Fax: (253) 21 35 90 30 Tel: (33-4) 91 99 24 51 Mobile (253) 77 78 66 84 Fax: (33-4) 91 99 24 79 Guyana E-mail: aseck2@worldbank.org E-mail: bmorenododson@worldbank.org The World Bank Web: http://www.cmimarseille.org 87 Carmichael Street Ecuador South Cummingsburg Mrs. Indu John-Abraham Gabon Georgetown, Guyana Banco Mundial (Currently vacant) Tel: (592) 223 5036 Calle 12 de Octubre 1830 y Cordero Banque Mondiale Fax: (592) 225 1384 World Trade Center Immeuble Libreville Business Square (ex GML) Web: http://www.worldbank.org/gy Torre B, Piso 13 P.O. Box 4027 Quito, Ecuador Libreville, Gabon Haiti Tel: (593-2) 294-3600 Tel: (241) 01 79 49 00 / 01 74 36 05 Ms. Anabela Abreu Fax: (593-2) 294-3601 E-mail: (vacant) Banque Mondiale E-mail: ijohnabraham@worldbank.org Web: http://www.worldbank.org/ga 7, rue Ogé Web: http://www.worldbank.org/ec Pétion-Ville, Haiti Gambia, The Tel: (509) 3798-0880 / 3798-0817 / 3798-0972 * Egypt, Arab Republic of The World Bank, Liaison Office E-mail: aabreu@worldbank.org (Currently vacant) UN House, 5 Kofi Annan Street Web: http://www.worldbank.org/ht The World Bank Group Cape Point, Bakau Nile City Towers, North Tower Kanifing Municipal Council (KMC) Honduras 2005C Corniche El Nil, Ramlet Boulaq The Gambia Mr. Boris Weber Cairo, Egypt Tel: (220) 449 – 8089 / 449 – 8090 The World Bank Group (WB 29th Floor/ IFC 24th Floor) Fax: (220) 4497936 Edificio Corporativo 777, 9th Floor Tel: (20-2) 2461 4400 Web: http://www.worldbank.org/gambia Colonia Lomas del Guijarro Sur Fax: (20-2) 2461 9986 Tegucigalpa, Honduras Web: http://www.worldbank.org/eg * Georgia Tel: (504) 2264-0200 Ms. Mercy Miyang Tembon Fax: (504) 2239-4555 El Salvador The World Bank Group E-mail: bweber1@worldbank.org Mr. Fabrizio Zarcone 5A, (WB) / 5B, (IFC) Web: http://www.worldbank.org/hn The World Bank Group Nino Ramishvili Street Calle El Mirador Tbilisi, 0179 Georgia * India Edificio Torre Futura Nivel 9, Locales 904 & 905 Tel: (995-32) 291 3096 Mr. Junaid Kamal Ahmad Colonia Escalón, Fax: (995-32) 291 3478 The World Bank San Salvador, El Salvador E-mail: mtembon@worldbank.org 70 Lodi Estate Tel: (503) 2526-5900 Web: http://www.worldbank.org/ge New Delhi 110 003, India Fax: (503) 2526-5936 (postal address: P.O. Box 416, New Delhi 110 E-mail: fzarcone@worldbank.org * Ghana 001) Web: http://www.worldbank.org/sv Mr. Henri G.R. Kerali Tel: (91-11) 414 79301, 414 79302 The World Bank Group E-mail: Jahmad@worldbank.org Independence Avenue Web: http://www.worldbank.org.in/ King Hassan Road, Plot # 3, Ridge Accra, Ghana (postal address: P.O. Box M. 27) Tel: (233-302) 229681 / 220837 / 214100 Fax: (233-302) 227887 E-mail: hkerali@worldbank.org Web: http://www.worldbank.org/gh _________________________________________ 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 August 21, 2018. Offices of the World Bank India, Chennai * Kenya * Lebanon Mr. Sunil Kumar (Center Manager, FPACH) Ms. Diarietou Gaye Mr. Saroj Kumar Jha The World Bank The World Bank The World Bank Group Chennai – Shared Services Center Delta Center Bourie House 119 11, Taramani Main Road Menengai Road, Upper Hill Abdallah Bayhum Street Taramani, Chennai - 600113 Nairobi, Kenya Marffaa, Solidere India (postal address: P.O. Box 30577-00100) P.O. Box 11-8577 Tel: (91-44) 2444 3324 Tel: (254-20) 293 6000 / 293 6442 Beirut, Lebanon Fax: (91-44) 2254 1019 Fax: (254-20) 293 6380 / 2 Tel: (961-1) 962 900 E-mail: dgaye@worldbank.org E-mail: sjha1@worldbank.org * Indonesia Web: http://www.worldbank.org/ke Web: http://www.worldbank.org/lb Mr. Rodrigo A. Chaves The World Bank Group Kiribati Lesotho Indonesia Stock Exchange Building Ms. Akka Rimon Ms. Janet K. Entwistle Tower 2, 12th Floor (WB) and 9th Floor (IFC) The World Bank - ADB Liaison Office The World Bank Country Office Sudirman Central Business District (SCBD) Unit 5-6 (top floor) UN House, 13 United Nations Road Jl. Jendral Sudirman Kav. 52-53 Taotin Plaza, Main Road Maseru, Lesotho Jakarta 12190, Indonesia Bairiki, Tarawa, (postal address: P.O Box 015, Maseru West 105) (postal address: P.O. Box 1324/JKT) Kiribati Tel: (266) 22 21 7000 Tel: (62-21) 5299-3000 Tel: (686) 22040 / 22041 Fax: (266) 22 21 7034 Fax: (62-21) 5299-3111 Email: arimon@worldbank.org E-mail: Jentwistle@worldbank.org E-mail: RChaves@worldbank.org Web: http://www.worldbank.org/pacificislands Web: http://www.worldbank.org/lesotho Web: http://www.worldbank.org/id Korea Liberia Iraq Mr. Hoon Sahib Soh Ms. Larisa Leshchenko Ms. Yara Salem The World Bank The World Bank Group The World Bank 37F, Boo Young Songdo Tower 2, German Embassy Compound British Embassy Premises 241, Incheon tower-daero Oldest Congo Town Baghdad, Iraq Yeonsu-gu, Incheon, Korea 406840 Monrovia, Liberia (postal Address: Mailstop BGWWB Tel: (82)-32-713-7000 Tel: (231-886) 606-967 / 48 1818 H Street N.W. Washington DC, USA) Fax: (82) -32-713-7040. E-mail: Lleshchenko@worldbank.org Tel: + 964-7901-833354 E-mail: hsoh@worldbank.org Web: http://www.worldbank.org/lr E-mail: ysalem@worldbank.org Web: http://www.worldbank.org/korea Web: http://www.worldbank.org/iq Macedonia, FYR Kosovo Marco Mantovanelli Jamaica Mr. Marco Mantovanelli The World Bank Ms. Galina Sotirova The World Bank 34 Aminta Treti Street The World Bank Group Rruga Prishtinë-Fushë Kosovë 1000 Skopje, FYR Macedonia Courtleigh Corporate Centre, 3rd Floor 10060 Pristina, Republic of Kosovo Tel: (389-2) 5515 230; 3117-159 6 St. Lucia Avenue Tel. +381-38-224-454-1100 Fax:(389-2) 5515 240 Kingston 5, Jamaica Fax. +381-38-224-454-1334 Email: mmantovanelli@worldbank.org Tel: (876) 960-0459 E-mail: mmantovanelli@worldbank.org Web: http://www.worldbank.org/mk Fax: (876) 960-0463 Web: http://www.worldbank.org/kosovo E-mail: gsotirova@worldbank.org Madagascar Web: http://www.worldbank.org/jm Kuwait Ms. Coralie Gevers (Currently vacant) The World Bank Group * Jordan The World Bank Group Rue Andriamifidy L. Razafimanantsoa Ms. Tania Meyer Al Shuhada Street. Al Hamra Business TowerFloor Anosy (près du Ministère des Affaires Etrangères) The World Bank Group 32. Kuwait City, Kuwait Antananarivo 101, Madagascar 38, Ahmed Urabi Street (postal address: P.O. Box 1015, Safat: 13010) (postal address: B. P. 4140) Shmeisani Tel: (965) 2205 9130 Tel: (261-20) 225 6000 11193, Amman, Jordan Fax: (965) 2205 9191 Fax: (261-20) 223 3338 P.O.Box 930375 Web: http://www.worldbank.org/mna E-mail: CGevers@worldbank.org Tel: 962-6-567-8050 Web: http://www.worldbank.org/madagascar Fax: 962-6-5678040 Kyrgyz Republic Email: tmeyer@worldbank.org Ms. Bolormaa Amgaabazar Malawi Web: http://www.worldbank.org/en/country/jordan The World Bank Group Ms. Greg Toulmin 214, Moskovskaya Str., The World Bank * Kazakhstan Bishkek 720010, Kyrgyz Republic Mulanje House Ms. Lilia Burunciuc Tel: (996-312) 62 52 62 Plot 13/57 Off Presidential Way, City Centre The World Bank Group Fax: (996-312) 62 53 62 Lilongwe 3, Malawi Central Asia Regional Office E-mail: bamgaabazar@worldbank.org (postal address: P.O. Box 30557) 41/A Kazybek bi Street, 4th Floor Web: http://www.worldbank.org/kg Tel: (265-1) 770 611 050010 Almaty, Republic of Kazakhstan Fax: (265-1) 771 158 / 773 908 Tel: (7-727) 377 - 8222 Lao People’s Democratic Republic E-mail: rtoulmin@worldbank.org Fax: (7-727) 377 - 8276 Mr. Nicola Pontara Web: http://www.worldbank.org/mw E-mail: Lburunciuc@worldbank.org The World Bank Group Xieng Ngeun Village, Chao Fa Ngum Road Malaysia Kazakhstan, Astana Vientiane, Lao PDR Mr. Firas Raad Mr. Francis Ato Brown Tel: (856-21) 266200 The World Bank Group The World Bank Astana Office Fax: (856-21) 266299 Knowledge and Research Hub 12 Samal Microdistrict, 14th Floor E-mail: npontara@worldbank.org Level 3, Sasana Kijang, No. 2 Jalan Dato Onn 010000 Astana, Republic of Kazakhstan Web: http://www.worldbank.org/lao 50480 Kuala Lumpur, Malaysia Tel: (7-7172) 691-451 Tel: (603) 2263-4901 Fax: (7-7172) 580 –342 Fax: (603) 2263-4949 E-mail: fbrown@worldbank.org Email: fraad@worldbank.org Website: www.worldbank.org/malaysia _________________________________________ 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 August 21, 2018. Offices of the World Bank Maldives Montenegro * Nigeria Ms. Idah Pswarayi-Riddihough (Sri Lanka) Ms. Tatiana A. Proskuryakova Mr. Rachid Benmessaoud The World Bank The World Bank The World Bank 4th Floor, Hotel Jen (#404) Bulevar Svetog Petra Cetinjskog 6 102, Yakubu Gowon Crescent Ameer Ahmed Magu 81000 Podgorica Opposite ECOWAS Secretariat Male', Republic of Maldives Montenegro Asokoro District Tel: (960) 300 5289 Tel: (382-20) 665 353 Abuja, Nigeria E-Mail: Ipswarayiriddiho@worldbank.org Fax: (387-33) 403 295 (postal address: P.O. Box 2826, Garki) Web: http://www.worldbank.org/maldives E-mail: Tproskuryakova@worldbank.org Tel: (234) 8058205408; 8058205422 Web: http://www.worldbank.org.me/ Tel : (234) 7035830641-44; 7089996090-1 * Mali Fax: (234-9) 314-526 Ms. Soukeyna Kane * Morocco E-mail: Rbenmessaoud@worldbank.org Banque mondiale Ms. Marie Francoise Marie-Nelly Web: http://www.worldbank.org/ng Immeuble Waly Diawara, The World Bank Group Hamdallaye ACI – 2000 7, rue Larbi Ben Abdellah * Pakistan Avenue du Mali Rabat-Souissi, Morocco Mr. Patchamuthu Illangovan Bamako, Mali Tel: (212-537) 63.60.50 The World Bank Group (postal address: B. P. 1864) Fax: (212-537) 63.60.51 20 A Shahrah-e-Jamhuriyat Tel: (223) 20 70 22 00 E-mail: Mmarienelly@worldbank.org Sector G-5/1, Islamabad, Pakistan E-mail: skane2@worldbank.org Web: http://www.worldbank.org/ma (WB postal address: P.O. Box 1025) Web: http://www.worldbank.org/en/country/mali (IFC postal address: Post Bag 3033) * Mozambique Tel: (92-51) 227 9641-6 Mauritania Mr. Mark R. Lundell Fax: (92-51) 227 9648 / 9 Mr. Laurent Msellati The World Bank Group E-mail: Pillangovan@worldbank.org Banque Mondiale Avenue Kenneth Kaunda, 1224 Web: http://www.worldbank.org.pk Villa No. 30, Lot A, Quartier Socogim, Boite Postale Maputo, Mozambique 667 (postal address: Caixa Postal 4053) Panama Nouakchott, Mauritanie Tel: (258-21) 482 300 Mr. Abel Caamaño Tel: (222) 45-24-11-01 Fax: (258-21) 492 893 The World Bank Fax: (222) 25-13-34 E-mail: Mlundell@worldbank.org Avenida Aquilino De La Guardia y calle 47 E-mail: lmsellati@worldbank.org Web: http://www.worldbank.org/mz Marbella Web: http://www.worldbank.org/mauritania Edificio Ocean Business Plaza Myanmar Piso 21, Oficina 2111 Mauritius Ms. Ellen Goldstein Panamá City, Panamá Mr. Alexis Sienaert The World Bank Group Tel: (507) 831-2000 The World Bank Liaison Office 221 Sule Pagoda Road Fax: (507) 831-2011 3rd Floor Médine Mews 21st Floor, Sule Square E-mail: acaamano@worldbank.org Chaussée Street Kyauktada Township Web: http://www.worldbank.org/panama Port-Louis, Mauritius Yangon, Myanmar Tel: (230) 203 2500 Tel: (95-1) 925 5030 Papua New Guinea Fax: (230) 208 0502 Fax: (95-1) 925 5031 Ms. Patricia Veevers-Carter E-mail: asienaert@worldbank.org E-mail: egoldstein@worldbank.org The World Bank Group Web: http://www.worldbank.org/mauritius Web: http://www.worldbank.org/myanmar Level 13, Deloitte Tower Port Moresby, National Capital District * Mexico Nepal Papua New Guinea Mr. Pablo Saavedra Mr. Faris H. Hadad-Zervos (postal address: P.O. Box 1877) Banco Mundial The World Bank Group Tel: (675) 321-7111 Insurgentes Sur 1605, Piso 24 Yak & Yeti Hotel Complex Fax: (675) 321-7730 San Jose Insurgentes Durbar Marg E-mail: pveeverscarter@worldbank.org 03900 Mexico, D. F., Mexico Kathmandu, Nepal Web: http://www.worldbank.org/png Tel: (52-55) 5480-4200 (postal address: P.O. Box 798) Fax: (52-55) 5480-4222 Tel: (977-1) 4236000 Paraguay E-mail: psaavedra@worldbank.org Fax: (977-1) 4225112 Ms. Celia Ortega Sotes Web: http://www.worldbank.org/mx E-mail: fhadadzervose@worldbank.org Banco Mundial Web: http://www.worldbank.org/np Av. España 2028 c/ Av. Brasilia 5o. Piso Moldova Edificio Urano Ms. Anna Akhalkatsi Nicaragua Asunción, Paraguay The World Bank Mr. Luis F. Constantino Tel: (595-21) 218-1000 20/1, Pushkin St. MD-2012 The World Bank Group Fax: (595-21) 218-1229 Chisinau, Republic of Moldova Plaza Santo Domingo E-mail: cortega@worldbank.org Tel: (373-22) 262 245 Kilómetro 6.5 Carretera a Masaya Web: http://www.worldbank.org/py Fax: (373-22) 262 236 Edificio Cobirsa, Quinto Piso E-mail: aakhalkatsi@worldbank.org Managua, Nicaragua * Peru Web: http://www.worldbank.org/md Tel: (505) 2270-0000 Mr. Alberto Rodriguez Fax: (505) 2270-0077 The World Bank Group Mongolia E-mail: Lconstantino@worldbank.org Av. Alvarez Calderón 185, Piso 7 Mr. Jean-Pascal Nganou (Acting) Web: http://www.worldbank.org/ni San Isidro The World Bank Group Lima 27, Peru MCS Plaza Building (WB 5th Floor/IFC 4th Floor) Niger Tel: (511) 622-2300 4 Seoul Street Ms. Joelle Dehasse Fax: (511) 421-7241 14250 Ulaanbaatar, Mongolia Banque mondiale E-mail: arodriguez@worldbank.org Tel: (976) 7007-8200 187, rue des Dallols Web: http://www.worldbank.org/pe Fax: (976) 7007-8215 B. P. 12402 E-mail: jnganou@worldbank.org Niamey, Niger Web: http://www.worldbank.org/mn Tel: (227) 20 72 75 01 Fax: (227) 20 72 55 06 E-mail: Jdehasse@worldbank.org Web: http://www.worldbank.org/en/country/niger _________________________________________ 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 August 21, 2018. Offices of the World Bank * Philippines * Saudi Arabia * South Africa, Pretoria Ms. Mara K. Warwick Mr. Issam Abousleiman Mr. Paul Noumba Um The World Bank Group The World Bank Group The World Bank 26th Floor, One Global Place 1st Floor, UNDP Building, Diplomatic Quarter 442 Rodericks Road 5th Avenue corner 25th Street Riyadh, Saudi Arabia Corner Lynnwood and Rodericks Roads, 0081 Bonifacio Global City (postal address: P.O. Box 5900, Pretoria, South Africa Taguig City, Philippines Riyadh 11432, Saudi Arabia) (postal address: P.O. Box 12629, Tel: (63-2) 465-2500 Tel: (966-1) 483-4956 Hatfield 0028, Pretoria) Fax: (63-2) 465-2505 Fax: (966-1) 488-5311 Tel: (27-12) 742 3100 E-mail: mwarwick@worldbank.org E-mail: iabousleiman@worldbank.org Fax: (27-12) 742 3134 Web: http://www.worldbank.org/ph Web: http://www.worldbank.org/sa E-mail: pnoumbaum@worldbank.org Web: http://www.worldbank.org/za Poland * Senegal Mr. Carlos Piñerúa Ms. Louise J. Cord South Sudan, Juba The World Bank Group Bureau de la Banque mondiale Mr. Sahr John Kpundeh 53, Emilii Plater St. Corniche Ouest X Rue Leon Gontran Damas The World Bank Group Warsaw Financial Center, 9th Floor BP 3296 Ministries Complex 00-113 Warsaw, Poland Dakar, Senegal CPA Road, Adjacent to Ministry of Health Tel: (48-22) 520 8000 Tel: (221) 33-859-4100 Juba, South Sudan Fax: (48-22) 520 8001 Fax: (221) 33-859-4283 Tel: (+211)922206642/43/44 E-mail: cpinerua@worldbank.org E-mail: Lcord@worldbank.org E-mail: Skpundeh1@worldbank.org Web: http:/www.worldbank.org/pl/ Web: http://www.worldbank.org/senegal Web: http://www.worldbank.org/southsudan Romania Serbia, Republic of * Sri Lanka Ms. Tatiana Proskuryakova Mr. Stephen Ndegwa Ms. Idah Pswarayi-Riddihough The World Bank Group The World Bank Group The World Bank UTI Building, 6th floor 86 Bulevar Kralja Aleksandra Street 1st Floor, DFCC Building, 73/5, Galle Road 31 Vasile Lascar Street, Sector 2 11000 Belgrade Colombo 3, Sri Lanka Bucharest, Romania 020492 Tel +381 11 3023 700 (postal address: P.O. Box 1761) Tel: (40-21) 201-0311 E-mail sndegva@worldbank.org Tel: (94-11) 2448070/1 Fax: (40-21) 201-0338 Web: http://www.worldbank.rs Fax: (94-11) 2440357 E-mail: tproskuryakova@worldbank.org E-Mail: Ipswarayiriddiho@worldbank.org Web: http://www.worldbank.org/romania Sierra Leone Web: http://www.worldbank.org/srilanka Mr. Parminder P. S. Brar * Russian Federation The World Bank Group Sudan, Khartoum Mr. Andras Horvai 17 Spur Road Mr. Adama Coulibaly The World Bank Group Freetown, Sierra Leone The World Bank 36/1 Bolshaya Molchanovka st., Tel: (232-22) 227555 Plot 39, Street 39, Khartoum East (II) 121069 Moscow, Russia Tel: (232-76) 806467, 806468 Khartoum, Sudan Tel: (7-495) 745-70-00 Fax: (232-22) 228555 (postal address: P.O. 229, 11111) Fax: (7-495) 745-70-02 E-mail: pbrar@worldbank.org Tel: (249) 156 553 000 E-mail: Ahorvai@worldbank.org Web: http://www.worldbank.org/sl Fax: (249)156 553 064 Web: http://www.worldbank.org/ru E-mail: acoulibaly2@worldbank.org * Singapore Web: http://www.worldbank.org/sd Rwanda Ms. Jyoti Shukla Mr. Yasser Aabdel-Aleem Awny El-Gammal The World Bank Group Tajikistan The World Bank Group Marina Bay Financial Centre, Tower 2, #12-01 Mr. Jan-Peter Olters Blvd. de la Révolution 10 Marina Boulevard The World Bank Group SORAS Building Singapore 018983 48, Ayni Str. Kigali, Rwanda Tel: (65) 6517-1240 Business Center "Sozidanie", block A, (postal address: P.O. Box 609) Fax: (65) 6517 1244 3rd Floor Tel: (250) 252 591 300 E-mail: jshukla@worldbank.org 734024, Dushanbe, Tajikistan Fax: (250) 252 591 385 Web: http://www.worldbank.org/sg Tel: (992-48) 701 58 00/10 E-mail: yelgammal@worldbank.org Fax: (992-48) 701 58 37 Web: http://www.worldbank.org/rwanda Solomon Islands E-mail: jolters@worldbank.org Mr. Guido Rurangwa Web: http://www.worldbank.org/tajikistan Samoa The World Bank Group Ms. Maeva Betham-Va’ai 1st Floor Heritage Park Commercial Building * Tanzania The World Bank Group Mendana Avenue Ms. Bella Bird Level 7, Central Bank Building Honiara, Solomon Islands The World Bank Beach Road (postal address: GPO Box 1744) 50 Mirambo Street Apia, Samoa Tel: (677) 21444 Dar-es-Salaam, Tanzania (postal address: PO Box 3999) Fax: (677) 21448 (postal address: P.O. Box 2054) Tel: (685) 24492 / 24732 E-mail: grurangwa@worldbank.org Tel: (255-22) 2163200 E-mail: mvaai@worldbank.org Web: http://www.worldbank.org/pacificislands Fax: (255-22) 2113039, 2163295 Web: http://www.worldbank.org/pacificislands E-mail: bbird@worldbank.org São Tomé e Príncipe Somalia Web: www.worldbank.org/tanzania Mr. Oliver Lambert Mr. Hugh Riddell Banco Mundial World Bank Liaison Office * Thailand Avenida das Nações Unidas c/o The World Bank Group Ms. Georgia A. Wallen (Acting) Prédio das Nações Unidas Delta Center, Menengai Road, Upper Hill The World Bank C.P. 109 Nairobi, Kenya 30th Floor, Siam Tower São Tomé, São Tomé e Príncipe (Postal Address: P.O. Box 30577-00100) 989 Rama 1 Road, Pathumwan Tel: (239) 222-1122 / 1123 Tel: (254-20) 293-6061 Bangkok 10330, Thailand E-mail: olambert@worldbank.org Fax: (254-20) 322 6382 Tel: (66-2) 686-8300 Web: http://worldbank.org/saotome Fax: (66-2) 686-8301 E-mail: gwallen@worldbank.org Web: http://www.worldbank.org/thailand _________________________________________ 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 August 21, 2018. Offices of the World Bank Timor-Leste * Ukraine Zambia Mr. Macmillan Ikemefule Anyanwu Ms. Satu Kristiina J. Kahkonen Ms. Ina-Marlene E. Ruthenberg The World Bank Group The World Bank The World Bank Avenida dos Direitos Humanos 1, Dniprovsky Uzviz BancABC House Dili, Timor-Leste Kyiv 01010, Ukraine Plot #746 Church Road Tel: (670) 332-4649 / 332-4648 Tel: (380-44) 490 6671 P.O. Box 35410 Fax: (670) 332-1178 Fax: (380-44) 490 6670 Lusaka, Zambia E-mail: manyanwu@worldbank.org E-mail: skahkonen@worldbank.org Tel: (260-21) 137-3200 Web: http://www.worldbank.org/tl Web: http://www.worldbank.org/ua Fax: (260-21) 137-3248 E-mail: iruthenberg@worldbank.org Togo Uruguay Web: http://www.worldbank.org/zm Ms. Hawa Cisse Wague Ms. Matilde Bordon Banque Mondiale The World Bank Zimbabwe Cité de l'OUA Buenos Aires 570, 3rd Floor Ms. Rosemary Mukami Kariuki (entre la Résidence Ambassadeur du Ghana et la CP11000, Montevideo, Uruguay The World Bank Primature) Tel: (598) 2916-9400 Block 3, Arundel Business Park Lomé, Togo Fax: (598) 2916-9400 ext. 3701 107 Norfolk Road, Mount Pleasant (postal address: Boite Postale 3915) E-mail: mbordon@worldbank.org Harare, Zimbabwe Tel: 22 53 67 00 Web: http://www.worldbank.org/uy (postal address: P.O. Box 2960) E-mail: hwaguecisse@worldbank.org Tel: (263-242) 7633-3200 Web: http://www.worldbank.org/tg Uzbekistan Fax: (263-242) 7633-3265 Mr. Hideki Mori E-mail: rkariuki@worldbank.org Tonga The World Bank Group Web: http://www.worldbank.org.zw/ Mr. Tatafu Moeaki International Business Center, 15th floor The World Bank – ADB Liaison Office 107 B, Amir Timur Street Level 1 Royco Building Tashkent 100084, Uzbekistan Fatafehi Road, Nuku'alofa, Tonga Tel: (998-71) 120 2400 (postal address: P.O. Box 87) Fax: (998-71) 120 2401/02 Tel: (676) 28 290 E-mail: hmori@worldbank.org Fax: (676) 28 735 Web: http://www.worldbank.org/uz Email : tmoeaki@adb.org Web: http://www.worldbank.org/pacificislands Vanuatu Ms. Leisande Otto Tunisia The World Bank Group Mr. Antonius Verheijen Level 5, Reserve Bank of Vanuatu Building Bureau de la Banque mondiale Rue Emile Mercet Immeuble Zahrabed -- BAD Port Vila, Vanuatu Jardins du Lac - Tunis (postal address: P.O. Box 3221) BP 323 Tel: (678) 25581 1002 Tunis Belvédère, Tunisia Fax: (678) 22636 Tel: (216-71) 19 44 68 E-mail: lotto@worldbank.org Fax: (216-71) 19 44 75 Web: http://www.worldbank.org/pacificislands E-mail: averheijen@worldbank.org Web: http://www.worldbank.org/tn * Vietnam Mr. Ousmane Dione * Turkey The World Bank Mr. Johannes C.M. Zutt 63 Ly Thai To, 2nd Floor The World Bank Hoan Kiem District Ugur Mumcu Caddesi No.88, Kat: 2 Hanoi, Vietnam 06700 Gaziosmanpasa Tel: (84-4) 3934-6600 Ankara, Turkey Fax: (84-4) 3935-0752 / 3 Tel: (90-312) 459 83 00 E-mail: odione@worldbank.org Fax: (90-312) 446 24 42 Web: http://www.worldbank.org/vietnam E-mail: jzutt@worldbank.org Web: http://www.worldbank.org/tr * West Bank and Gaza Ms. Marina Wes Turkmenistan The World Bank Group Mr. Jan-Peter Olters P.O. Box.54842 The World Bank Liaison Office Jerusalem, 97200 Yimpash Business Center, Office 803, Tel: (972-2) 236 6500 Turkmenbashi Avenue, 54 Fax: (972-2) 236 6543 Ashgabat 744000, Turkmenistan Gaza Tel: (972-8) 282 3422 Tel: (993-12) 45 14 75 Gaza Fax: (972-8) 282 4296 E-mail: jolters@worldbank.org E-mail: mwes@worldbank.org Web: http://www.worldbank.org/tm Web: http://www.worldbank.org/ps Uganda Yemen, Republic of Ms. Christina Malmberg Calvo Ms. Raja Bentaouet Kattan The World Bank Group The World Bank Group Plot 1, Lumumba Avenue Faj Attan, off Beirut Street Rwenzori House, 4th Floor Sana'a, Republic of Yemen Kampala, Uganda (postal address: P.O. Box 18152) (postal address: P.O. Box 4463) Egypt CO office : 2005C Corniche El Nil St., The Tel: (256-414) 230-094 North Tower in Nile City, 8th Floor, Cairo, Egypt 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: rbkattan@worldbank.org Web: http://www.worldbank.org/uganda _________________________________________ 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 August 21, 2018. International Bank for Reconstruction and Development Membership | June 30, 2018 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 Costa Rica January 8, 1946 Côte d'Ivoire March 11, 1963 International Bank for Reconstruction and Development Membership | June 30, 2018 Member Date of membership 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 Eswatinia September 22, 1969 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 Jamaica February 21, 1963 International Bank for Reconstruction and Development Membership | June 30, 2018 Member Date of membership 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 Nicaragua March 14, 1946 International Bank for Reconstruction and Development Membership | June 30, 2018 Member Date of membership 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 Sweden August 31, 1951 Switzerland May 29, 1992 International Bank for Reconstruction and Development Membership | June 30, 2018 Member Date of membership 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 a. The World Bank Group was notified on July 24, 2018, that the official name of the country was changed from the Kingdom of Swaziland to the Kingdom of Eswatini. International Development Association Membership | June 30, 2018 Member Date of membership Afghanistan February 2, 1961 Albania October 15, 1991 Algeria September 26, 1963 Angola September 19, 1989 Argentina August 3, 1962 Armenia August 25, 1993 Australia September 24, 1960 Austria June 28, 1961 Azerbaijan March 31, 1995 Bahamas, The June 23, 2008 Bangladesh August 17, 1972 Barbados September 29, 1999 Belgium July 2, 1964 Belize March 19, 1982 Benin September 16, 1963 Bhutan September 28, 1981 Bolivia June 21, 1961 Bosnia and Herzegovina February 25, 1993 Botswana July 24, 1968 Brazil March 15, 1963 Burkina Faso May 13, 1963 Burundi September 28, 1963 Cabo Verde November 20, 1978 Cambodia July 22, 1970 Cameroon April 10, 1964 Canada September 24, 1960 Central African Republic August 27, 1963 Chad November 7, 1963 Chile December 30, 1960 China September 24, 1960 Colombia June 16, 1961 Comoros December 9, 1977 Congo, Dem. Rep. September 28, 1963 Congo, Rep. November 8, 1963 Costa Rica June 30, 1961 Côte d'Ivoire March 11, 1963 Croatia February 25, 1993 Cyprus March 2, 1962 Czech Republic January 1, 1993 Denmark November 30, 1960 Djibouti October 2, 1980 International Development Association Membership | June 30, 2018 Member Date of membership Dominica September 29, 1980 Dominican Republic November 16, 1962 Ecuador November 7, 1961 Egypt, Arab Rep. October 26, 1960 El Salvador April 23, 1962 Equatorial Guinea April 5, 1972 Eritrea July 6, 1994 Estonia October 11, 2008 Eswatinia September 22, 1969 Ethiopia April 11, 1961 Fiji September 29, 1972 Finland December 29, 1960 France December 30, 1960 Gabon November 4, 1963 Gambia, The October 18, 1967 Georgia August 31, 1993 Germany September 24, 1960 Ghana December 29, 1960 Greece January 9, 1962 Grenada August 28, 1975 Guatemala April 27, 1961 Guinea September 26, 1969 Guinea-Bissau March 25, 1977 Guyana January 4, 1967 Haiti June 13, 1961 Honduras December 23, 1960 Hungary April 29, 1985 Iceland May 19, 1961 India September 24, 1960 Indonesia August 20, 1968 Iran, Islamic Rep. October 10, 1960 Iraq December 29, 1960 Ireland December 22, 1960 Israel December 22, 1960 Italy September 24, 1960 Japan December 27, 1960 Jordan October 4, 1960 Kazakhstan July 23, 1992 Kenya February 3, 1964 Kiribati October 2, 1986 Korea, Rep. May 18, 1961 International Development Association Membership | June 30, 2018 Member Date of membership Kosovo June 29, 2009 Kuwait September 13, 1962 Kyrgyz Republic September 24, 1992 Lao PDR October 28, 1963 Latvia August 11, 1992 Lebanon April 10, 1962 Lesotho September 19, 1968 Liberia March 28, 1962 Libya August 1, 1961 Lithuania September 23, 2011 Luxembourg June 4, 1964 Macedonia, FYR February 25, 1993 Madagascar September 25, 1963 Malawi July 19, 1965 Malaysia September 24, 1960 Maldives January 13, 1978 Mali September 27, 1963 Marshall Islands January 19, 1993 Mauritania September 10, 1963 Mauritius September 23, 1968 Mexico April 24, 1961 Micronesia, Fed. Sts. June 24, 1993 Moldova June 14, 1994 Mongolia February 14, 1991 Montenegro January 18, 2007 Morocco December 29, 1960 Mozambique September 24, 1984 Myanmar November 5, 1962 Nepal March 6, 1963 Netherlands June 30, 1961 New Zealand October 1, 1974 Nicaragua December 30, 1960 Niger April 24, 1963 Nigeria November 14, 1961 Norway September 24, 1960 Oman February 20, 1973 Pakistan September 24, 1960 Palau December 16, 1997 Panama September 1, 1961 Papua New Guinea October 9, 1975 Paraguay February 10, 1961 International Development Association Membership | June 30, 2018 Member Date of membership Peru August 30, 1961 Philippines October 28, 1960 Poland June 28, 1988 Portugal December 29, 1992 Romania April 12, 2014 Russian Federation June 16, 1992 Rwanda September 30, 1963 Samoa June 28, 1974 São Tomé and Príncipe September 30, 1977 Saudi Arabia December 30, 1960 Senegal August 31, 1962 Serbia February 25, 1993 Sierra Leone November 13, 1962 Singapore September 27, 2002 Slovak Republic January 1, 1993 Slovenia February 25, 1993 Solomon Islands July 21, 1980 Somalia August 31, 1962 South Africa October 12, 1960 South Sudan April 18, 2012 Spain October 18, 1960 Sri Lanka June 27, 1961 St. Kitts and Nevis October 23, 1987 St. Lucia April 28, 1982 St. Vincent and the Grenadines August 31, 1982 Sudan September 24, 1960 Sweden September 24, 1960 Switzerland May 29, 1992 Syrian Arab Republic June 28, 1962 Tajikistan June 4, 1993 Tanzania November 6, 1962 Thailand September 24, 1960 Timor-Leste July 23, 2002 Togo August 21, 1962 Tonga October 23, 1985 Trinidad and Tobago October 30, 1972 Tunisia December 30, 1960 Turkey December 22, 1960 Tuvalu June 24, 2010 Uganda September 27, 1963 Ukraine May 27, 2004 International Development Association Membership | June 30, 2018 Member Date of membership United Arab Emirates December 23, 1981 United Kingdom September 24, 1960 United States September 24, 1960 Uzbekistan September 24, 1992 Vanuatu September 28, 1981 Vietnam September 24, 1960 Yemen, Rep. May 22, 1970 Zambia September 23, 1965 Zimbabwe September 29, 1980 Total members: 173 a. The World Bank Group was notified on July 24, 2018, that the official name of the country was changed from the Kingdom of Swaziland to the Kingdom of Eswatini. Country Eligibility for Borrowing from the World Bank | June 30, 2018 U.S. dollars A. IBRD onlya Category iv (per capita income over $6,895) Trinidad and Tobago 16,240 Malaysia 9,850 St. Kitts and Nevis 15,860 Mauritius 9,760 Seychelles 15,410 Russian Federationf 9,720 Uruguay 15,230 Romania 9,470 Chile 13,530 Mexico 9,040 Antigua and Barbuda 13,390 Brazil 8,840 Poland 12,700 Kazakhstan 8,710 Palau 12,450 China 8,260 Panama 12,140 Lebanong 7,680 Croatia 12,110 Bulgaria 7,470 Argentina 11,960 Gabon 7,210 Turkey 11,180 Suriname 7,070 Costa Rica 10,840 Montenegro 6,970 Naurug 10,750 Category iii ($1,165–$6,895) Turkmenistan 6,670 Paraguay 4,070 Botswana 6,610 El Salvador 3,920 Equatorial Guinea 6,550 Jordang 3,920 Dominican Republic 6,390 Georgia 3,810 Colombia 6,320 Guatemala 3,790 Peru 5,950 Sri Lankae 3,780 Ecuador 5,820 Armenia 3,760 Belarus 5,600 Tunisia 3,690 Thailand 5,580 Philippines 3,580 South Africa 5,480 Egypt, Arab Rep. 3,460 Iraqg 5,430 Angola 3,440 Serbia 5,280 Indonesia 3,400 Macedonia, FYR 4,980 Boliviae 3,070 Bosnia and Herzegovina 4,890 Eswatini 2,860 Fiji 4,840 Morocco 2,850 Azerbaijan 4,760 Ukrainef 2,310 Jamaica 4,660 Vietname 2,050 Namibia 4,620 India 1,660 Belize 4,410 Iran, Islamic Rep. n.a. Algeria 4,270 Libya n.a. Albania 4,250 Venezuela, RB n.a. B. Blendb Category iv (per capita income over $6,895) Grenadad 8,830 St. Luciad 7,670 Category iii ($1,165 - $6,895) St. Vincent and the Grenadinesd 6,790 Congo, Rep. 1,710 Dominicad 6,750 Pakistan 1,510 Mongolia 3,550 Kenya 1,380 Cabo Verded 2,970 Cameroon 1,200 Nigeria 2,450 Papua New Guinea n.a. Uzbekistan 2,220 Timor-Lesteh n.a. Moldova 2,120 Category i ($1,005 or less) Zimbabwe 3 940 C. IDAb Category iii ($1,165 - $6,895) Maldivesd 7,430 Sudanc 2,140 Tuvalud 5,090 Nicaragua 2,050 Marshall Islandsd 4,450 Solomon Islandsd 1,880 Guyanah 4,250 São Tomé and Prínciped 1,730 Samoad 4,100 Côte d’Ivoire 1,520 Tongad 4,020 Ghana 1,380 Kosovo, Republic of 3,850 Bangladesh 1,330 Micronesia, Fed. Sts.d 3,680 Zambia 1,300 Bhutanh 2,510 Lesotho 1,190 Kiribatid 2,380 Djiboutih n.a. Honduras 2,150 Myanmar n.a. Lao PDR 2,150 Vanuatud n.a. Category ii ($1,165 or less) Cambodia 1,140 Kyrgyz Republic 1,100 Mauritania 1,120 Yemen, Rep. 1,040 Tajikistan 1,110 Syrian Arab Republic c,g n.a. Category i ($1,005 or less) Senegal 950 Guinea 490 Tanzania 900 Sierra Leone 490 Benin 820 Mozambique 470 Haiti 780 Gambia, The 440 Comorosi 760 Congo, Dem. Rep. 420 Mali 750 Madagascar 400 Nepal 730 Central African Republic 380 Chad 720 Liberia 380 Rwanda 700 Niger 370 Ethiopia 660 Malawi 320 Uganda 660 Burundi 280 Burkina Faso 640 Eritreac n.a. Guinea-Bissau 620 Somaliac n.a. Afghanistan 580 South Sudan n.a. Togo 540 Note: n.a. = not applicable—estimates are available in ranges only. Changes during current fiscal year 1. Bolivia, Sri Lanka, and Vietnam changed from a Blend to IBRD borrower status, effective July 1, 2017. 2. Kenya changed from IDA-only to Blend borrower status, effective July 1, 2017. 3. Bhutan, Djibouti, Guyana, and Timor-Leste are classified as small state economies, effective July 1, 2017. Changes during previous fiscal year 1. Solomon Islands was granted the Small Island Exception, effective in FY17, as it meets the criteria established by the 1985 decision for granting exceptions to small island countries, which is discussed in Board document IDA/R85-134, “Terms of Lending to Small Island Economies Graduating from IDA”. 2. Syrian Arab Republic was reclassified from IBRD to IDA-only, effective September 29, 2016. a. World Bank Atlas methodology; 2016 per capita GNI (Gross National Income, formerly GNP) figures are in US dollars. b. Countries are eligible for IDA on the basis of (a) relative poverty and (b) lack of creditworthiness. The operational cutoff for IDA eligibility for FY18 is a 2016 GNI per capita of $1,165, using Atlas methodology. To receive IDA resources, countries must also meet tests of performance. An exception has been made for some Small Island Economies. In exceptional circumstances, IDA extends eligibility temporarily to countries that are above the operational cutoff. c. Loans/credits in nonaccrual status as of July 1, 2017. General information on IBRD and IDA countries with loan/credits in nonaccrual status is available from the IBRD Credit Risk (CROCR) and IDA Resource Mobilization (DFIRM) Departments, respectively. d. The country represents a Small Island Economies Exception and receives financing on IDA Small Economy Terms. e. During IDA18 Bolivia, Sri Lanka, and Vietnam receive exceptional transitional support from IDA. f. 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. g. From FY17, refugees are included in the population estimates of host country. h. The country represents Small State Economy, with a population of 1.5 million people or less. IDA Financing is on Small Economy Terms, effective July 1, 2017. i. IDA-only country that is also a Small Island Economy, therefore receives IDA Financing on Small Economy Terms. World Bank Expenditures by Organizational Unit l Fiscal 2014–18 millions of dollars Actuals a By organizational unit 2014 2015 2016 2017 2018 b Operational units 1,482.0 1,416.1 1,358.4 1,419.0 1,651.5 of which Regional Programs n.a. 393.2 369.9 390.5 442.8 Global Practices and Global Themes n.a. 1,022.8 988.4 1,028.5 1,208.6 Institutional services c 440.6 461.4 457.4 434.0 500.0 d Governance services 190.2 181.6 190.7 194.9 215.5 e Administrative services 473.8 534.1 536.7 543.8 587.1 f Centrally-managed accounts and programs 300.1 330.8 353.2 344.4 75.1 Grant-making facilities 159.8 109.2 66.4 44.6 35.0 Total gross administrative budget 3,046.6 3,033.2 2,962.7 2,980.7 3,064.1 Reimbursements, fees, others (489.3) (507.2) (492.9) (484.9) (536.2) Total administrative budget 2,557.3 2,526.0 2,469.8 2,495.8 2,527.9 Note: n.a. = not applicable. a. The figures reported for each fiscal year represent the organizational unit structure at the end of that fiscal year and may not always match the figures published in previous reports due to organizational changes and unit re-configurations. Additionally, these figures represent actuals as per management accounting, and may differ from figures presented for financial accounting and reporting purposes that are in compliance with the United States' Generally Accepted Accounting Principles. b. Beginning in fiscal 2018, the budget and related expenditures related to changes in the non-salary staff costs recovery rate charged to units were moved from centrally- managed accounts to corresponding organizational units. This contributed to the decrease in centrally-managed accounts and programs in fiscal 2018 and corresponding increases in other units. The changes entailed increasing the non-salary staff costs recovery rate for Headquarters-appointed staff from 50 percent to 70 percent and introducing a recovery rate of 45 percent for country office–appointed staff so as to more accurately reflect unit and product costs. c. Includes institutional services units such as: Budget, Performance, and Strategy; Chief Risk Officer; Development Economics; Development Finance; External and Corporate Relations; Legal; Operations Policy and Country Services; Treasury; and World Bank Group Finance and Accounting. d. Includes governance services units such as: the Board; Corporate Secretariat; Independent Evaluation Group; Institutional Integrity; Internal Audit; the Offices of the President, Chief Executive Officer, and Managing Directors; and Internal Justice Services (including Conflict Resolution System, Administrative Tribunal, Office of Ethics and Business Conduct, Office of Evaluation and Suspension, and Sanctions Board Secretariat). e. Includes the following administrative service units: General Services Department, Human Resources, and Information and Technology Solutions. f. Includes non-unit accounts and programs that are centrally managed such as Staff Separation funds, Budget Recoveries, Depreciation, Overhead and Benefits, Institutional Programs, Headquarters Real Estate, Corporate Contingency, Expenditure Review–related programs, and Budget Returns. Contributions: Top-10 Trust Fund Donors | Fiscal 2018 millions of dollars Donor 2018 2017 The Global Fund to Fight AIDS, Tuberculosis and Malaria Secretariat 2,135 970 United Kingdom 883 2,276 France 761 432 United States 693 2,133 Germany 667 688 European Commission (European Union) 568 539 Japan 528 470 Norway 525 464 Sweden 445 551 Netherlands 411 313 Others 2,208 3,288 Total 9,824 12,123 Note: Contributions to the International Centre for Settlement of Investment Disputes escrow accounts are excluded. Comparative figures for fiscal 2017 are provided for the top-10 donors for fiscal 2018. Previous-year figures have been reclassified where necessary. │ │ │ │ │ Khalid Alkhudairy Turki Dhaifallah Almutairi Jason Allford Hoe Jeong Kim Seydou Bouda Jean-Claude Tchatchouang Omar Bougara Shahid Ashraf Tarar Andrew Bvumbe Anne Kabagambe Otaviano Canuto Diana Quintero Hervé de Villeroché Benoit Paul Eleuthere Catzaras Franciscus Godts Guenther Schoenleitner Werner Gruber Katarzyna Zajdel-Kurowska Andin Hadiyanto Mastura Abdul Karim Merza Hasan Ragui El-Etreby Frank Heemskerk Roman Kachur Christine Hogan Peteranne Tamara Donaldson Fernando Jimenez Latorre Rodrigo Carriedo Haro Kazuhiko Koguchi Kenichi Nishikata Patience Bongiwe Kunene Haruna Mohammed Andrei Lushin Eugene B. Miagkov Patrizio Pagano Paulo Pedroso Melanie Robinson David Stephen Kinder Aparna Subramani Muhammad Musharraf Hossain Bhuiyan Maximo Torero Daniel Pierini Susan Anette Ulbaek (Vacant) Yingming Yang Minwen Zhang Juergen Zattler Claus Michael Happe (Vacant) Erik Paul Bethel │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ │ GRI INDEX 2018 GRI INDEX 2018 T his 2018 World Bank GRI Index is an inven- tory of the sustainability considerations utilized in the World Bank’s lending and ana- countries’ eligibility for support and terms of lending, IBRD and IDA are tightly integrated and work as a single unit. Certain practices and Each criterion above (the three for the busi- ness case and the three for the sustainability impact) is given a point, and a threshold is lytical services, as well as within its corpo- projects span across the World Bank Group set to prioritize GRI aspects to include in the rate practices. This index of sustainability and are therefore cited as such in the text. report. The Bank’s material topics were deter- disclosures has been prepared in accordance mined and validated by an internal focus group with the GRI Standards: Core option (https:// that met in May 2018. www.globalreporting.org). The GRI Index DEFINING THE REPORT covers activities from fiscal year 2018, July 1, Methodology for Determining The Natural Step framework, which com- 2017, through June 30, 2018. Materiality plements the GRI, defines three basic “sys- The topics deemed relevant for disclosure in tem conditions” that must be met if we ABOUT THE WORLD BANK the GRI Index were determined by assessing: want to maintain the essential environ- (1) their potential impact on the Bank’s busi- mental services that sustain human soci- The World Bank Group (WBG) plays a key role ety. Further, because human action is the in the global effort to end extreme poverty ness and (2) the sustainability impacts from the Bank’s operations. primary cause of the rapid change we see in and boost shared prosperity. It consists of five the natural environment today, the frame- institutions: the World Bank, which includes The business case was determined based on work includes a fourth system condition the International Bank for Reconstruction three key categories: (1) the linkages with the that focuses on the social and economic and Development (IBRD) and the International Bank’s mission and goals; (2) potential repu- considerations that drive those actions. Development Association (IDA); the Interna- tational risks to the organization, and (3) the tional Finance Corporation (IFC); the Multi- importance to stakeholders. For the purposes of this exercise, the lateral Investment Guarantee Agency (MIGA); sustainability principles of the Natural In addition to understanding the business case Step are applied by asking: (1) Does this and the International Centre for Settlement of and stakeholder concerns, equal weight was aspect draw upon material extracted from Investment Disputes (ICSID). Working together given to three aspects of the sustainability the earth’s crust and lead to accumulation in over 130 countries, these institutions provide of persistent or toxic emissions, or is it an impact of the Bank’s business. After assess- financing, technical advice, and other solutions extractive industry or involve destructive ing the various sustainability frameworks that enable countries to address the most processes? (2) Does this aspect undermine available, the basic environmental, social, urgent development challenges. the extent of people’s ability to meet their and economic conditions, as outlined by the The GRI Index communicates the activities needs? A criterion was added to ensure Natural Step (see box), were considered most economic representation within the tool. (3) of the World Bank. Except for their member appropriate. Does this aspect impact the local economy? 1 RESULTS: WHAT IS MATERIAL? 4. Procurement Practices - World Bank operations have a global footprint, and therefore a very geographically diverse supply base. Report Boundary Encouraging the responsible behavior of its major suppliers is important for reducing environmental impacts along its supply chain. Boundaries are defined based on the management control of impacts – indirect impacts lay within the “operational” boundary while direct 5. Human Rights / Child Labor / Indigenous Rights / Local Communities impacts fall within the “corporate” boundary. For each material topic, – The World Bank promotes human rights by ensuring that there is boundaries are specified in the management approach disclosures. no prejudice or discrimination toward project-affected individuals or communities and give particular consideration to Indigenous Peoples, Impacts external to the organization [“operational boundary”] minority groups, and those disadvantaged or vulnerable, especially where adverse impacts may arise or development benefits are to be “Operational boundary” denotes an indirect impact that occurs when shared. the World Bank provides lending and analytical services and may not be directly controlled by the Bank’s management. Corporate Impact The material, topic-specific disclosures of the Bank’s internal operations Impacts internal to the organization [“corporate boundary”] include the following: “Corporate boundary” refers to the impact from activities over which 1. Staff are the World Bank’s greatest asset. They bring a wide range the Bank has direct control, such as operating World Bank facilities and of perspectives to bear on poverty-reduction issues and emerging managing staff members. development challenges and are critical to the effectiveness of the Bank’s core operational and knowledge services. Staff-related Operational impact disclosures are pulled from the following GRI aspect categories: The World Bank’s most pertinent sustainability impacts from financial Employment, Occupational Health and Safety, Training and and technical services to clients can be summarized in the following GRI Education, Diversity and Equal Opportunity, and Nondiscrimination. topic specific disclosures: 2. The Bank recognizes that reducing its own corporate environmental 1. Economic Performance – Because creating and distributing economic impacts is in line with the institutional mission to reduce value is part of the mission of eliminating extreme poverty, shareholders poverty, as environmental degradation affects the world’s poor and investors care about the sustainable economic performance of the disproportionately. Increasing the efficiency of how the organization institution. runs its business — through facility-level and staff-behavior changes — reduces natural-resource waste and decreases the cost of day- 2. Indirect Economic Impacts – These impacts are an essential aspect to-day operations. Key aspects related to the Bank’s environmental of the Bank’s goal of reducing poverty and boosting shared prosperity. footprint include: Materials, Energy, Water, Emissions, Effluents and 3. Anti-corruption – Critical to the World Bank’s mission to alleviate Waste, and Procurement Practices. extreme poverty is a well-functioning public sector that delivers quality public services consistent with citizen preferences. It also Questions and comments about the GRI Index should be must foster private, market-led growth while managing its fiscal addressed to the World Bank Corporate Responsibility Program, resources in a prudent manner. Opinion leaders in the Bank’s client crinfo(a)worldbank.org. countries listed anti-corruption as one of their development priorities. 2 World Bank GRI Index 2018 TABLE OF CONTENTS Material Topics Disclosed General Disclosures Economic Disclosures Environmental Disclosures Social Disclosures Organizational Profile....................4 Economic Performance............... 23 Materials........................................ 39 Employment.................................. 52 Strategy........................................... 9 Indirect Economic Impacts........ 27 Energy.............................................40 OH&S.................................................55 Ethics and Integrity...................... 11 Procurement Practices................31 Water.............................................. 44 Diversity & Equal Opportunity... 59 Governance.....................................13 Anti-corruption............................ 35 Emissions....................................... 45 Training and Education............... 62 Stakeholder Engagement............15 Effluents and Waste....................50 Non-discrimination......................66 Reporting practice........................19 Child Labor..................................... 67 Indigenous Peoples....................... 71 Human Rights............................... 72 Local Communities.......................74 3 GENERAL DISCLOSURES GRI 102: ORGANIZATIONAL PROFILE Disclosure 2018 Response 102-1 Name of the The World Bank consists of the International Bank of Reconstruction and Development (IBRD) and the International Development organization Association (IDA). It is part of the World Bank Group, which also includes the International Finance Corporation (IFC), the Multilateral GENERAL DISCLOSURES • Organizational Profile Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). For more information, see www.worldbank.org/en/about/what-we-do. 102-2 Activities, The World Bank is a vital source of financial and technical assistance to developing countries around the world. Three priorities guide brands, products, our work with countries to end poverty and boost prosperity for the poorest people: (i) helping create sustainable economic growth, the and services surest path out of poverty; (2) investing in people, through access to health care, education, water and sanitation, and energy; and (3) building resilience to shocks and threats that can roll back decades of progress. To attain its goals, the World Bank offers: • Innovative financing instruments and products for an array of investments in such areas as education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. Some of the Bank’s projects are cofinanced with governments, other multilateral institutions, commercial banks, export credit agencies, and private sector investors. The 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 myriad sectors and developing regions. • Research, analysis, partnership coordination, and technical assistance services that are designed to share the best knowledge available to achieve development results and that underpin World Bank financing. For more information, see www.worldbank.org/en/about/what-we-do. 102-3 Location of The World Bank's headquarters are located in Washington, DC, in the United States. headquarters 102-4 102-4 Location The World Bank is a global organization. IBRD is owned by 189 member countries and IDA by 173. World Bank staff are located in our of operations 140 country locations globally. There are 166 World Bank facilities worldwide. Location of operations 4 World Bank GRI Index 2018 102-5 Ownership The World Bank is not a bank in the traditional sense, but a unique partnership committed to reducing poverty and supporting and legal form 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. Project loans are financed by World Bank bonds issued in the capital markets, guarantees, risk management products, and advisory services. IDA works with its 173 member countries—offering financing to the world’s poorest countries—to reduce poverty by providing loans and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions. GENERAL DISCLOSURES • Organizational Profile For a full list of member countries, see http://www.worldbank.org/en/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. For more information, see: http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/ORGANIZATION/ BODEXT/0,,contentMDK:50004943~pagePK:64020054~piPK:64020408~theSitePK:278036,00.html. 102-6 Markets The World Bank works globally to achieve equitable and sustainable economic growth in member country economies and to find served 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, the Middle East and North Africa, and South Asia. World Bank projects cover the following Global Practices: Agriculture; Education; Energy; Environment and Natural Resources; Finance, Competitiveness, and Innovation; Governance; Health, Nutrition, and Population; Jobs and Development; Macroeconomics, Trade, and Development; Poverty; Social Protection; Social, Urban, Rural, and Resilience; Transportation; Digital Development; and Water. For more information on the Bank’s work by region and by sector, see www.worldbank.org/en/where-we-work and www.worldbank. org/en/topic. 102-7 Scale of the Total World Bank commitments: World Bank lending commitments for development support totaled $47 billion in fiscal year 2018. organization IBRD commitments and resources: New lending commitments by IBRD totaled $23 billion for 124 projects in fiscal year 2018. IBRD raised US dollar equivalent (USDeq) 36 billion by issuing bonds in 27 currencies. IBRD’s equity comprises primarily paid-in capital and reserves. IBRD’s Governors are voting on capital increase resolutions that would allow IBRD to lend more, consistent with maintaining an appropriate equity-to-loans ratio. Lending capacity will increase once the capital contributions are received. IDA commitments and resources: IDA commitments amounted to $24 billion for 206 operations in fiscal year 2018, including $18.5 billion in credits, $5 billion in grants, and $463 million in guarantees. 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, and borrowers’ repayments of earlier IDA credits. Total resources for the IDA18 Replenishment, which covers fiscal years 2018–20, amounted to $52.9 billion in Special Drawing Rights (equivalent to $75 billion). For more information, see the World Bank Annual Report 2018: www.worldbank.org/annualreport. 5 102-8 Information on In fiscal year 2018, the World Bank employed 12,216 staff: 6,724 on permanent contracts, and 5,492 on fixed term contracts (including employees and other special assignments). Forty-three percent of World Bank staff are located in our 140 country locations. Over 50 percent of our staff workers are female. Additionally, the World Bank employed 4,810 full-time equivalent, short-term consultants in fiscal year 2018. These self- employed workers represent 28 percent of the workforce. 2018 2017 2016 2015 Full-time staff Number % of total Number % of total Number % of total Number % of total GENERAL DISCLOSURES • Organizational Profile United States 7,016 57% 6,906 58% 6,736 59% 7,209 60% Female 3,864 32% 3,774 32% 3,659 32% 3,936 33% Male 3,152 26% 3,132 26% 3,077 27% 3,273 27% Non-US location 5,200 43% 4,991 42% 4,685 41% 4,724 40% Female 2,469 20% 2,361 20% 2,206 19% 2,226 19% Male 2,731 22% 2,630 22% 2,479 22% 2,498 21% WB total full-time 12,216 11,897 11,421 11,933 staff Of which Female 6,333 52% 6,135 52% 5,865 51% 6,162 52% Of which Male 5,883 48% 5,762 48% 5,556 49% 5,771 48% Consultants (FTE globally) 4,810 28% 4,948 29% 4,757 29% 4,262 26% World Bank staff who hold regular, open, or term appointments are eligible for reduced work schedule (RWS), which can be used in three kinds of arrangements: (1) part-time—the staff member works less than full-time; (2) job share—two staff work less than full- time and share responsibility for one job; or (3) phased retirement—the staff member works reduced hours to help transition from full-time work to retirement. A staff member on RWS works no less than 50 percent of the regular workweek schedule. In total, at the end of fiscal year 2018, 57 Bank staff were on reduced work schedule. For more information about the World Bank’s career tracks, see www.worldbank.org/en/about/careers. 6 World Bank GRI Index 2018 102-9 Supply chain Corporate Procurement: Each year, about $1.3 billion in goods and services are purchased by the World Bank globally. Major contracts include consulting services, travel, information technology and telecommunications, health and benefits, and construction services. All vendors are required to adhere to the World Bank Corporate Procurement Policy. For more information, see: http://www. worldbank.org/en/about/corporate-procurement. Operational Procurement: World Bank projects have a global footprint, and therefore, a geographically diverse supply base. Bank operations have varied supply chain characteristics depending on the nature of the items being procured and location (for instance, supply chain characteristics in fragile states have unique market features). In general terms, about 70 percent of the Bank’s projects GENERAL DISCLOSURES • Organizational Profile by value are infrastructure related, typically transport, water, and energy projects. Road-related projects are typically supplied by local providers for both design and construction. More complex or cutting-edge energy, water, and transport projects (for example, rail systems) usually involve a global consortium combining the best skills around the world. Depending on how complex or proprietary the technology requirements will determine whether items, for example, rail stock, turbines, and processing equipment, are imported or manufactured locally. For civil works components, it is normal that these are sourced locally and use local labor. For goods, this varies depending on the types of goods procured; if procured internationally, global supply chains are typically involved. Procurement of services and consultants again depends on the type of service required. At about 70 percent by value, the Bank’s support to infrastructure procurements are generally labor-intensive activities, particularly for civil works components. These procurements typically use local labor and equipment. As such, the Bank’s standard bidding documents for works projects put a high emphasis on labor management and protections, including, among other things, access to health services, site safety, equality, pay, prevention of child labor and gender-based violence, and so on. In fiscal year 2018, the Bank supported its borrowers in procurement from 2,767 different suppliers; about $9.6 billion was paid to these suppliers in contracts subject to the Bank’s prior review. In fiscal 2017, 4,025 suppliers were awarded about $11.2 billion. The Bank does not currently track subcontractors beyond the primary provider; however, the majority of these contracts by value are for infrastructure projects and, as such, it is estimated that about 27,000 subcontractors could be involved beyond the primary supply chain (a factor of 10 subcontractors to one primary supplier). 7 102-10 Significant There were no significant changes to the World Bank’s size, Top supplying countries changes to the structure, ownership, or corporate supply chain. organization and its Rank FY17 FY18 supply chain The Bank’s operational supply chain is truly diverse and global 1. China India and has remained stable overall. As old projects conclude, and new ones begin, there are fluctuations in the major 2. India China supply chains depending on project procurement awarded. 3. Turkey Turkey In the main geographic supply chains (supplier-registered GENERAL DISCLOSURES • Organizational Profile 4. Belarus Spain locations) of fiscal year 2017 and fiscal year 2018, the top three supplying countries (supply chains)—China, India, and 5. Indonesia France Turkey—remain constant, and Bangladesh and France remain 6. France Italy in the top 10 supplying countries. As the Bank’s operational 7. Bangladesh Poland portfolio is highly focused on infrastructure, the supply chains 8. Germany Bangladesh can vary depending on the results of one large project award. For more information, see: http://www.worldbank.org/ 9. Pakistan Argentina en/projects-operations/products-and-services/brief/ 10. Russian Federation Brazil procurement-new-framework. 102-11 Precautionary The World Bank applies the precautionary approach through its safeguard policies. Principle or approach The Bank’s environmental and social safeguard policies are a cornerstone of its support to sustainable poverty reduction. The objectives of these policies are to prevent and mitigate harm to people and their environment in the development process. These policies provide guidelines for Bank and borrower staff in the identification, preparation, and implementation of programs and projects. The effectiveness and development impact of programs and projects supported by the Bank has substantially increased as a result of attention to these 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. 102-12 External The World Bank is committed to helping developing countries end extreme poverty and boost shared prosperity in a sustainable initiatives manner. The Bank is a partner of choice for countries seeking to reach many of the United Nations (UN) Sustainable Development Goals (SDGs), adopted in September 2015, particularly in the context of financing, data, and supporting implementation. The World Bank is also an active member of many external initiatives, such as the United Nations Environmental Management Group and the Multilateral Financial Institutions Working Group on the Environment. As a UN-specialized agency, the Bank supports the mission of the UN and the multilateral agreements for which the Bank acts as an implementing agency, such as the Global Environment Facility (GEF), the Multilateral Fund for the Montreal Protocol, and the Convention to Combat Desertification. These facilities have enabled the Bank to become the largest funder of projects in support of the Convention on Biological Diversity and the Stockholm Convention on Persistent Organic Pollutants. 8 World Bank GRI Index 2018 102-13 Membership The World Bank is not a formal member of industry or a business association, or a national or international advocacy organization, of associations but it works with a wide range of civil society organizations, foundations, and private sector partners on multiple global issues. It is also a sitting observer in the UN Development Group. These partnerships build support for the World Bank's twin goals of ending extreme poverty and boosting shared prosperity. The Bank partners with key stakeholders on a number of programs, including our End Poverty campaign, and we partner on specific development challenges facing our partner countries, such as financial inclusion, forced displacement, climate change, as well as human capital investments, including education and health. Key partnerships include the Carbon Pricing Leadership Coalition, Early Childhood Development Network, the He4She initiative, and WeConnect International a global network that connects women-owned businesses to buyers around the world. STRATEGY GENERAL DISCLOSURES • Strategy 102-14 Statement Refer to the World Bank Annual Report 2018 for messages from Dr. Jim Yong Kim, President of the World Bank Group; Kristalina from senior Georgieva, CEO of IBRD and IDA; and a statement from the World Bank’s Board of Executive Directors. decision-maker For more information, see www.worldbank.org/annualreport. 102-15 Key The work of the World Bank is anchored in its goals: to end extreme poverty—reducing the share of the global population living in impacts, risks, and extreme poverty to three percent by the year 2030—and to promote shared prosperity—increasing the income of the bottom 40 opportunities percent of the population. Both goals must be met in a sustainable manner. IMPACTS: The World Bank Group Strategy, released in 2013, discusses the significant areas in which the World Bank makes economic, social, and environmental impacts, as well as the associated challenges and opportunities along the path toward ending poverty and boosting shared prosperity in a sustainable manner. In December 2017, the World Bank Group committed to no longer finance upstream oil and gas, after 2019. In 2018, the World Bank Group announced that 32 percent of its financing had climate co-benefits— exceeding the target set in 2015 that 28 percent of its lending volume would be climate-related by 2020. World Bank staff work together with country-based staff, IFC, MIGA, and country partners to prioritize the WBG’s program of financial, analytical, advisory, and convening support, based on the Bank Group’s comparative advantage and the client’s priorities, and in response to development challenges highlighted in a Systematic Country Diagnostic (SCD). The SCD identifies the barriers to eliminating extreme poverty and boosting shared prosperity within a country and is undertaken by the WBG before developing a new partnership framework with a country. The diagnostic guides the development of the Country Partnership Framework (CPF), which outlines the strategic interventions and support on which the WBG and partner country will engage. This SCD was introduced in July 2014, and as of the end of fiscal year 2018, the WBG had prepared SCDs in 90 countries and new CPFs in 57 countries. During the fiscal year 2019-21 planning period, the World Bank Group will focus on the following priorities: (1) support for client-facing work, particularly for the IDA18 scale-up and areas affected by fragility, conflict, and violence, and for meeting the IBRD capital increase policy commitments; (2) the Bank Group-wide partnership to crowd in private sector investment and create new markets to maximize finance for development; (3) a renewed focus on human capital and on enhancing the Bank Group’s leadership on global issues; and (4) improvement of the business model for greater effectiveness and efficiency. 9 102-15 Key RISKS: As a cooperative institution, IBRD seeks not to maximize profit but to earn enough income to ensure its financial strength and impacts, risks, sustain its development activities. Of fiscal 2018 allocable net income, the Board of Executive Directors recommended to the Board and opportunities of Governors the transfer of $248 million to IDA and the allocation of $913 million to the General Reserve. As part of its lending, (continued) borrowing, and investment activities, IBRD is exposed to market, counterparty, country credit, and operational risks. The World Bank Group’s Chief Risk Officer leads the risk oversight function, independently reports to the Board on an ongoing basis, and supports the institutional decision-making process via dedicated risk committees. In addition, IBRD has put in place a strong risk management framework, which supports management in its oversight functions. The framework is designed to enable and support IBRD in achieving its goals in a financially sustainable manner. One summary measure of IBRD’s risk profile is the ratio of equity to loans, which is closely managed in line with its financial and risk outlook. This ratio stood at 22.9 percent as of June 30, 2018. To download the IBRD Financial Report and IDA Financial Report, visit: www.worldbank.org/financialresults. GENERAL DISCLOSURES • Strategy OPPORTUNITY: Fiscal year 2018 was witness to significant impacts to the financial resources for both IBRD and IDA, which are anticipated to open new opportunities for the World Bank to provide support to its client member countries. As part of the groundbreaking IDA18 package, IDA shareholders agreed to transform IDA’s financing model, leveraging its strong General Disclosures capital base to pioneer a new model for development finance that combines donor funding with funding raised in the capital markets. IDA received its first-ever public credit rating—triple-A—in 2016. IDA’s financial strength is based on its robust capital position and shareholder support, as well as on its prudent financial policies and practices, which help to maintain its triple-A credit rating. On April 17, 2018, for the first time, IDA issued $1.5 billion of debt in the international capital markets. This inaugural IDA bond received strong reception in the market, with total orders reaching $4.6 billion from around the world. IDA’s borrowing program will enable IDA to significantly scale up its support toward achieving the SDGs while offering investors an efficient way to contribute to global development. At the 2018 Spring Meetings, the Development Committee of the Board of Governors endorsed a package of measures that include a $13 billion paid-in capital increase for the World Bank Group, including $7.5 billion for IBRD, as well as a $52.6 billion increase in callable capital for IBRD. The boost in capital is augmented by a broad range of internal measures to create an even stronger World Bank Group. Draft resolutions on the capital increase were sent to the Governors for formal approval in June 2018. For more information on the World Bank Group Strategy: https://openknowledge.worldbank.org/handle/10986/16095 For more information on the World Bank Group’s Forward Look: http://siteresources.worldbank.org/DEVCOMMINT/ Documentation/23775499/DC2018_0005ForwardLookupdate_329.pdf For more information about IBRD and IDA funding programs: http://www.worldbank.org/en/about/unit/treasury For more information on progress toward corporate targets: http://corporatescorecard.worldbank.org/ 10 World Bank GRI Index 2018 ETHICS AND INTEGRITY 102-16 Values, Values: The WBG concluded an extensive internal consultation to revisit its Core Values, which define how Bank Group staff engage principles, standards, with partners and each other. They are: and norms of behavior • Impact – We help our clients solve their greatest development challenges. • Integrity – We do what is right. • Respect – We care for our people, our clients, our partners, and our planet. GENERAL DISCLOSURES • Ethics and Integrity • Teamwork – We work together to achieve our goals. • Innovation – We learn and adapt to find better ways of doing things. More than 1,000 colleagues from across the World Bank Group were engaged in this exercise. Code of Conduct: A new Bank Group Code of Conduct will be launched in fiscal year 2019 in line with the new Core Values. There is a separate Code of Conduct for Board officials. Business partners are informed of ethics expectations through a separate document. 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. In addition to the required training for new staff, the institution offers a number of ethics training courses on values, expected business conduct, recourses available against misconduct and retaliation, and the prevention of conflicts of interest. Staff members are required to uphold World Bank Group Staff Rules as a condition of employment. Trainings: 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. A new mandatory e-Learning was launched in fiscal 2018, on preventing and addressing sexual harassment, to be completed by all staff by September 30, 2018. Preventing and addressing sexual harassment is inextricably linked to the World Bank Group’s core values integrity, teamwork, and respect. Responsibility: The head of the WBG Ethics and Business Conduct (EBC) is a Chief Ethics Officer who reports directly to the World Bank Group President. The leadership of this function by a Chief Ethics Officer reflects the importance of EBC’s mandate, comprised of four key areas of responsibility: (1) setting standards through the design and stewardship of ethical policy, practices, decisions, and behavior, including administering Declarations of Interest Programs to ensure public confidence; (2) reaching out to staff and offering training to strengthen values, foster a culture of respect and integrity, and build bridges between scientific research and practice in ethical development; (3) advising staff and clients by sharing ethics expertise and spotting trends, and providing counsel on conflicts of interest and compliance-related issues as needed; and (4) addressing misconduct by reviewing concerns, recommending actions, and facilitating resolutions. For more information on the World Bank’s Code of Conduct and EBC functions, see http://worldbank.org/ ethics. 11 102-17 Mechanisms Seeking advice about ethical and lawful behavior, and organizational integrity: The World Bank encourages staff members for advice and (both past and present) to seek ethics-related advice and report suspected misconduct and other ethical issues through its Ethics and concerns about Business Conduct Department. Modes of seeking advice include: (1) via the Ethics Helpline (800-261-7497) that is available 24 hours ethics a day and administered in multiple languages by an outside vendor; (2) via email (ethics_helpline(a)worldbank.org); and (3) employees can seek advice directly from EBC staff during office hours or arrange to speak with team members at a convenient time. Advisory requests are treated with the highest possible level of confidentiality given the requirements of the case. Requests for advice can be made anonymously. GENERAL DISCLOSURES • Ethics and Integrity For reports of suspected misconduct, all information is confidential and subject to disclosure on a strict need-to-know basis. Anonymous complaints are accepted. Reporting concerns about unethical or unlawful behavior, and organizational integrity: there were 914 requests for advice in fiscal year 2018. In more than 93 percent of the cases, answers were provided within two business days. The most frequently received queries concerned a staff member’s outside activities, a couple’s or family’s relationship, or vendor procurement. In fiscal year 2018, 252 allegations of misconduct were received. The most frequently received involved allegations of harassment General Disclosures excluding sexual harassment, noncompliance with rules, and sexual harassment. The large majority of allegations were reviewed and closed after intake or initial review. Of those, 19 resulted in the submission of an investigative report to the Vice President of Human Resources, who has the authority to determine if misconduct occurred and to impose sanctions. The Bank Group has a nonretaliation policy that protects against any direct or indirect detrimental action threatened or taken because a person engaged in a protected activity. Retaliation is considered misconduct and is investigated and sanctioned accordingly. 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 World Bank Group—as well as allegations of significant fraud and corruption involving staff. Details are outlined for staff in the World Bank Group Code of Conduct. See http://worldbank.org/ethics. 12 World Bank GRI Index 2018 GOVERNANCE 102-18 Governance The World Bank is a development institution for which its 189 member countries are shareholders. Member countries govern the Bank structure through the Boards of Governors and the Board of Executive Directors (EDs). The Boards of Governors consist of one Governor and one alternate Governor appointed by each member country. The office is usually held by the country’s minister of finance, governor of its central bank, or a senior official of similar rank. The Governors and alternates serve for terms of five years and can be reappointed. The Governors delegate specific duties to the 25 Executive Directors, who sit as a resident Board of Directors in Washington, DC. The five largest shareholders appoint an Executive Director, while other member countries are represented by elected Executive Directors. Together, the Boards of Governors and the Executive Directors make all major decisions for the organization, including policy, financial, and membership issues. GENERAL DISCLOSURES • Governance In addition to representing their own countries and others they are elected to represent, Executive Directors 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 and controls, and effectiveness of development and poverty-reduction activities. CODE supports the Board in assessing the development effectiveness of the World Bank Group, providing guidance on strategic directions of each member institution of the World Bank Group, monitoring the quality and results of World Bank Group operations, and overseeing or liaising on the work of the entities that are part of the World Bank Group’s accountability framework, including with regard to economic, environmental, and social topics. 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. 102-20 Executive- The World Bank Group integrates the principles of sustainable environmental and social development into its work with clients across all level responsibility sectors and regions. This is done through the Office of the Vice President for Sustainable Development. The Vice President of Sustainable for economic, Development reports through the Office of the IBRD/IDA Chief Executive Officer, and in turn to the President of the World Bank Group. environmental, and social topics For more information about the current Vice President, Sustainable Development, see http://www.worldbank.org/en/about/people/ laura-tuck and http://www.worldbank.org/en/topic/sustainabledevelopment. Organizational chart: http://pubdocs.worldbank.org/en/404071412346998230/wbg-org-chart.pdf. 13 102-22 Composition All powers of the World Bank Group are vested in the Boards of Governors (Ministers of Finance and Development of 189 WBG of the highest member countries), the Bank’s senior decision-making body according to the Articles of Agreement. They are the only nonexecutives governance body who can decide on the following: and its committees • Admit and suspend members; • Increase or decrease the authorized capital stock; • Determine the distribution of the net income of the World Bank; • Decide appeals from interpretations of the Articles of Agreement by the Executive Directors; • Make formal comprehensive arrangements to cooperate with other international organizations; GENERAL DISCLOSURES • Governance • Suspend permanently the operations of the World Bank; • Increase the number of elected Executive Directors; and • Approve amendments to the Articles of Agreement. All other decisions are delegated to the Executive Directors. General Disclosures 102-23 Chair of the The Chair of the Board of Executive Directors serves as the President of the organization, as set out in the World Bank’s Articles of highest governance Agreement, Section 5. See http://siteresources.worldbank.org/EXTABOUTUS/Resources/ibrd-articlesofagreement.pdf. body 102-24 Nominating Nominating Governors of the World Bank depends on the political systems of the individual 189 member governments. The main and selecting the criterion is that a Governor is a minister of finance, development, or another national ministry. Other criteria like diversity, independence, highest governance and expertise may factor into the independent, government-led decision-making process. The World Bank has no direct influence over body Governor nomination, which is a sovereign matter related to countries’ internal governance and decision making. For details, see http://www.worldbank.org/en/about/leadership/governors. 102-26 Role of Governors of the World Bank meet twice per year to discuss issues related to the organization’s purpose and strategy to eliminate highest governance extreme poverty and reduce inequality in a manner that is economically, environmentally, and socially sustainable. See www. body in setting worldbank.org/devcom. purpose, values, and strategy 14 World Bank GRI Index 2018 102-35 Remuneration Per the World Bank Articles of Agreement, “ [T]he Board of Governors shall determine the remuneration to be paid to the Executive policies Directors and the salary and terms of the contract of service of the President.” 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 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. GENERAL DISCLOSURES • Stakeholder Engagement The Articles also state that Governors (the highest governance body) “...shall serve as such without compensation from the Bank, but the Bank shall pay them reasonable expenses incurred in attending meetings.” Senior Management salaries are disclosed in the Annual Report: http://www.worldbank.org/annualreport. STAKEHOLDER ENGAGEMENT 102-40 List of As a global employer, the World Bank consults and collaborates with thousands of stakeholders throughout the world. The World stakeholder groups Bank groups the stakeholders into two main categories: internal and external. Internal stakeholders include shareholder governments (the Boards of Governors), Executive Directors and Senior Management, and Bank employees. External stakeholders include parliamentarians; civil society; faith-based organizations; academics; professionals; the private sector (including sustainable responsible investors, companies, and social entrepreneurs); and international, national, and local media, among others. 102-41 Collective At the World Bank Group, the percentage of total employees covered by collective bargaining agreements is zero. bargaining However, the World Bank Group Staff Association, founded in 1972, represents and protects the rights and interests of all (that is, agreements 100 percent) of the staff as part of its mandate. The Staff Association negotiates with the Human Resources Vice Presidency, senior management, line management, and the Executive Directives to ensure the interests of staff are met. The Staff Association is not a union and does not engage in collective bargaining. It serves a critical role by representing the rights of all World Bank Group staff, as provided in Staff Rule 10.01. Currently, there are 11,815 World Bank Group staff that are members of the Staff Association, and 90 country offices have established Country Office Staff Associations. 102-42 Identifying World Bank works with diverse stakeholders who share the commitment to advance the World Bank Group’s twin goals—to end and selecting extreme poverty and boost shared prosperity. Getting the necessary stakeholders involved is essential, but also challenging given that stakeholders our stakeholders range from donor and client governments to the poorest and most marginalized communities. In the context of World Bank-supported activities, stakeholders are considered to be anyone who is in some way—positively or negatively—impacted by the potential outcomes of these activities. The stakeholders are varied so what impacts a segment or segments of this group depends on what the activities’ outcomes are. 15 102-43 Approach The World Bank Group engages with a broad cross-section of stakeholder groups in ways that are both context-specific and situational. to stakeholder Engagement takes the form of numerous approaches, including policy dialogue; operational partnerships; consultations; convenings and engagement global platforms, such as the Annual and Spring Meetings; and joint issue-based advocacy on campaigns, such as End Poverty and the Early Years campaign on early childhood development. 1. Member governments: Executive Directors and Governors engage regularly with a wide spectrum of stakeholders, including national stakeholders in their own country and with international civil society organizations (CSOs) on the margins of the organization’s GENERAL DISCLOSURES • Stakeholder Engagement Spring and Annual Meetings, as well as during travel to client countries for Bank Group operations. Each fall and spring, the Boards of Governors of the World Bank Group and International Monetary Fund (IMF) hold Annual and Spring Meetings to discuss a range of issues related to poverty reduction, international economic development, and finance. The Annual Meetings provide a forum for international cooperation and enable the Bank Group and IMF to better serve their client countries. In addition to the Annual and Spring Meetings, the Development Committee convenes to advise the Boards of Governors on issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness. Outcomes of the Development Committee are inputs to the GRI materiality exercise. See http://worldbank.org/devcom. General Disclosures 2. Employees: Staff engagement, pride in the institution, and commitment to a shared mission are key to the World Bank’s success. Staff are kept informed at all times and have formal and informal opportunities to engage and have dialogue with senior management through various avenues, such as internal events, live webcast leadership townhalls, online chats, leadership blogs, and so on. The World Bank’s intranet is available to all staff across 140 countries and is easily accessible on employee devices. Management ensures flow of information through communications, announcements, stories, webinars, learning opportunities, targeted briefings, broad-reach newsletters, and emails. More broadly, to support staff in feeling part of an integrated community, there are additional engagements such as cultural performances, staff profiles, and staff conversations. The Bank also promotes various corporate communication campaigns, such as the Community Connections Campaign, to raise funds for the local community and client countries, campaigns around staff health and wellness, safety and security, etc. Monitoring the staff level of engagement is very important. The regular, in-depth employee Engagement Survey invites staff to voice opinions on key issues, from leadership to career development, and inclusiveness to the work environment. The Bank engagement index and the participation rate in the Engagement Survey remain consistently high. As indicated in the 2017 survey, the Bank’s participation rate and the engagement index continued this trend, respectively at 85 and 80 percent. 3. Civil Society: The World Bank engages Civil Society Organizations (CSOs, which include faith-based and religious organizations) regularly at the global, regional, and local levels. The Bank shares information, solicits input on policy reform, consults with CSOs on our strategy, collaborates with CSOs on Bank-financed projects, and forges partnerships to further our dual goals. For example: the Bank’s Civil Society team hosts a monthly update call with more than 300 CSOs, and distributes a monthly CSO eNewsletter that reaches roughly 8,000 subscribers. At the country level, the World Bank consults with a broad spectrum of CSOs on the Systematic Country Diagnostic, the Country Partnership Framework, and individual Bank-funded development projects, as well as knowledge products and advisory work. Often these interactions involve multiple stakeholders such as government, private sector, development institutions, and donors at different times in the project or program cycle. Within these operations, the Bank is helping to build sustainable national systems for citizen engagement that give citizens a stake in decision-making with the objective of improving development outcomes. 16 World Bank GRI Index 2018 102-43 Approach Twice a year, during the Annual and Spring Meetings, the World Bank Group hosts the Civil Society Policy Forum, which enables the to stakeholder Bank and CSOs to deliberate on critical issues such as citizen engagement, financial intermediaries, education, energy, and climate engagement change. More than 1,000 CSO participants attended the event at the 2018 Spring Meetings—a record-setting attendance to date— (continued) demonstrating the enduring interest from CSOs in engaging with the Bank. A new CSO Innovation Fair, held during the spring Policy Forum, also provided a unique opportunity for CSOs to interact with each another and Bank staff through a showcase of their advocacy campaigns, online data tools, and other innovative products and interventions. Through the Strategic Framework for Mainstreaming Citizen Engagement in World Bank Group Operations, the Bank Group engages with CSOs and citizens to achieve better development GENERAL DISCLOSURES • Stakeholder Engagement results. This effort is grounded in the commitment to include beneficiary feedback in World Bank Group-financed projects in which there are clearly identifiable beneficiaries. See http://www.worldbank.org/news. Topics raised by CSOs are used as inputs to the GRI materiality exercise. 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. Priorities identified by Opinion Leaders through the COS are used as input to the GRI materiality exercise. 5. ESG Investor Community: The World Bank engages with investors including those with environmental, social, and governance (ESG) investment considerations. Many of these investors consult reports published by ESG firms that rate and rank issuers based on specific environmental, social, and governance indicators. The firms believe that the ratings reflect the investors’ general areas of interest. In their issuer profile reports, ESG firm research teams analyze the World Bank’s (IBRD’s) approach to how to lend and conduct business internally as it pertains to, for example, staff satisfaction, health, and safety; board member composition; and carbon footprint based on business-as-usual activities. The World Bank frequently receives requests to review and provide feedback on ESG report drafts, and in many cases, there is already a draft response, which the Bank fact-checks and balances with additional resources (for example, reports, talking points, press releases, and so on) so that the requestors have a more holistic and complete understanding of our corporate and development activities. The questions the World Bank regularly provides feedback on to ESG research and rating firms are used as part of the materiality exercise for the GRI Index. 6. Local, national, and international media: The World Bank regularly reaches out to media to cover corporate priorities, including events involving senior management. At key opportunities, such as the Annual and Spring Meetings, the Bank proactively drives the primary messages of the institution, such as its commitment to its goals of ending extreme poverty by 2030 and boosting shared prosperity. The World Bank uses traditional media outlets and social media to promote issues that need to be addressed to achieve those goals, such as major reports on climate change, forced displacement, and gender inequality. The Bank also responds to media queries to help the media better understand the Bank’s role and responsibilities. Press releases, statements, transcripts, and feature stories from the Bank appear on the World Bank’s website homepage, http://www.worldbank.org, and on the news site, http://worldbank.org/en/news. 17 102-43 Approach Topics raised by media are used as inputs to the GRI materiality exercise. to stakeholder 7. Foundations and the private sector: The World Bank Group mobilizes political and financial support from the philanthropic engagement world to advance the institution’s twin goals. Partnerships range from direct or parallel grant contributions to research, knowledge (continued) sharing, and joint advocacy. These partnerships often provide crucial early seed funding and access to innovative ideas and new expertise. They also allow the Bank Group to reach a broad network of civil society grantees. The World Bank Group currently partners with about 100 foundations across all regions of the world. In fiscal year 2018, the Bank GENERAL DISCLOSURES • Stakeholder Engagement Group launched a number of important new partnerships with foundations that focused on scaling up investment and advocacy efforts on priority issues, including forced displacement, climate change, as well as investments in human capital. In addition, the WBG continued to strengthen existing partnerships. Some examples include: • The Advisory Council—an annual action-oriented meeting designed to build political will and to kick-start transformative partnership—convened a select group of high-level, influential philanthropic leaders alongside senior Bank Group leadership around the topic of forced displacement. Participants agreed to explore the feasibility of building a matchmaking platform to attract more funding to Jordan, which would benefit refugees and local host communities. Since the meeting, the World Bank has been working in close collaboration with the Tent Foundation to increase engagement by global businesses, and with the Open Society Foundations on a deal catalyst mechanism to create a pipeline of investable opportunities. The aim of the platform is to bring local businesses, global corporations, foundations, philanthropic investors, and the development community together to create opportunities for refugees and host populations through investment, sourcing, market access, and skills and capacity development. • The World Bank Group also continued to engage with philanthropic forums including the European Foundation Centre and the Global Philanthropy Forum. • In fiscal year 2018, the Bank partnered with the Global System for Mobile Communications Association to harness the power of data from the Internet of Things to support the use of technology to help developing countries solve their most critical development challenges. • The Bank’s Identification for Development (ID4D) initiative provides global knowledge and expertise to help countries realize the potential of digital identification systems and forges partnerships with external actors. During this year’s Annual Meetings, ID4D launched a High-Level Advisory Council to advance digital identification as a sustainable development priority. The Council, co-chaired by Kristalina Georgieva, IBRD and IDA CEO, and Amina J. Mohammed, United Nations Deputy Secretary-General, consists of prominent global leaders, including: Mo Ibrahim, Chairman of the Mo Ibrahim Foundation and Founder of Celter; Nandan Nilekani, Co-Founder of Infosys, and Founding Chairman, Unique Identification Authority of India; and Eric Jing, CEO, Ant Financial. ID4D engaged with the Bill and Melinda Gates Foundation, the Omidyar Network, and the Government of Australia, whose support brings thought leadership and funding to this initiative. • This year, the World Bank Group continued to engage partners on issues of advocacy, such as the Human Capital Project. During the Spring Meetings, discussion on making human capital a project for the world, Bill Gates came forward to champion the human capital agenda in partnership with the World Bank Group. In addition to the efforts on human capital, the World Bank Group also worked with the Bill and Melinda Gates Foundation to deepen engagement and raise the level of ambition the two institutions have to improve the lives of the people we serve. For a snapshot of partnerships between the World Bank Group and almost 100 foundations around the world, see: http://documents. worldbank.org/curated/en/327191508902087459/The-World-Bank-Group-and-foundations-stories-of-partnership-2017. 18 World Bank GRI Index 2018 102-44 Key topics Topics of concern raised in the past year include: and concerns raised 1. Member states: Member states issue communiques during Annual and Spring Meetings. These can be found online. See, for instance, the Development Committee Communique from April 2018: http://siteresources.worldbank.org/DEVCOMMINT/ Communiques/23776683/Communique(E)immediaterelease4-21.pdf. 2. Employees: In surveys, Bank staff continuously show high levels of engagement and pride in working for the organization. Following up on the most recent 2017 survey, we have developed Vice Presidential Unit action plans that focus on areas of concern, such as institutional practices, leadership development, work-life balance, and so on. The status of action plans is updated and GENERAL DISCLOSURES • Reporting Practice monitored on a regular basis. This approach has led to improvement in a number of areas at both the VPU and corporate level. 3. Opinion Leaders: In fiscal year 2018, the mean rating for the Bank Group’s effectiveness and impact on development results (combined rating for two variables) in the Bank Group’s client countries was 6.4 on a 10-point scale across all COS respondents. Participants in the fiscal year 2018 COS had significantly lower ratings for the Bank Group’s effectiveness and impact on development results compared to participants in the fiscal year 2017 COS (the mean in fiscal year 2018 was 6.4; the mean in fiscal year 2017 was 6.6). Clients (those respondents who work with the institution) rated the Bank Group’s collaboration with other donors and development partners in IDA countries lower compared to participants in the fiscal year 2017 COS (the mean in fiscal year 2018 was 7.1; the mean in fiscal year 2017 was 7.4). On responsiveness and staff accessibility (combined rating for two variables), the client ratings were the same: 6.8 (statistically similar to the fiscal year 2017 COS rating: 6.8). For more information, see http:// countrysurveys.worldbank.org/ 4. ESG Investor Community: Investors have asked for clarification about the project implementation process and how safeguards help reduce social and environmental risks. Their questions focused on, for example, preventing risks before resettlement and the procurement process. In addition, investors may ask about labor and the supply chain during project implementation by contractors helping to install projects on the ground alongside local agencies. In the past, investors have asked about how well these companies that were procured for project implementation are vetted in order to prevent any violation of human rights and child labor within countries where projects are being financed. REPORTING PRACTICE 102-45 Entities The content and data in this document relate to the International Bank of Reconstruction and Development (IBRD) and the included in the International Development Association (IDA), which together comprise the World Bank. The GRI Index 2018 does not cover activities of consolidated the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee financial statements Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). These agencies publish separate annual reports. Some references to the World Bank Group have been made in this report as appropriate. For more about the World Bank and its sibling agencies, see www.worldbank.org/about. 19 102-46 Defining The topics deemed relevant for disclosure were identified by assessing annual corporate priorities outlined by the institution’s Boards report content and and President, considering stakeholder input, as well as ascertaining sustainability impacts of carrying out the mission and vision. topic Boundaries Stakeholder feedback is gained through internal focal points that manage the relationships with the Board, civil society, investors, staff, media, and clients. To determine if a GRI aspect is material for the World Bank to report on, an assessment is carried out based on the potential impacts on the Bank’s business, and sustainability impacts stemming from its business. The business-case category evaluates potential reputational risks to the organization, the importance to stakeholders (based on the above sources), the linkages with the Bank’s mission and goals and those identified as material in the World Bank Corporate Responsibility Strategic Plan. The sustainability impact refers to GENERAL DISCLOSURES • Reporting Practice environmental and social criteria, as outlined by the Natural Step, namely, material extracted from the earth’s crust; the accumulation of persistent or toxic emissions; extractive industry or destructive processes; and the extent to which people’s ability to meet their needs are undermined. To ensure representation of sustainable development, an additional criterion was added to give preference for 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. 102-47 List of Boundaries are defined based on the management control of impacts – indirect impacts lay within the “operational” boundary while material topics direct impacts fall within the “corporate” boundary. For each material topic, boundaries are provided in the management approach disclosures. Impacts external to the organization [“operational boundary”] “Operational boundary” denotes an indirect impact that occurs when the World Bank provides lending and analytical services and may not be directly controlled by the Bank’s management. Impacts internal to the organization [“corporate boundary”] “Corporate boundary” refers to the impact from activities over which the Bank 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 topic specific disclosures: 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. 20 World Bank GRI Index 2018 102-47 List of 3. Anti-corruption – Critical to the World Bank’s mission to alleviate extreme poverty is a well-functioning public sector that delivers material topics quality public services consistent with citizen preferences. It also must foster private, market-led growth while managing its fiscal (continued) resources in a prudent manner. Opinion leaders in the Bank’s client countries listed anti-corruption as one of their development priorities. 4. Procurement Practices – World Bank operations have a global footprint, and therefore a very geographically diverse supply base. Encouraging the responsible behavior of its major suppliers is important for reducing environmental impacts along its supply chain. 5. Human Rights / Child Labor / Indigenous Rights / Local Communities – The World Bank promotes human rights by ensuring that there is no prejudice or discrimination toward project-affected individuals or communities and give particular consideration GENERAL DISCLOSURES • Reporting Practice to Indigenous Peoples, minority groups, and those disadvantaged or vulnerable, especially where adverse impacts may arise or development benefits are to be shared. Corporate impact The most material topics 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 disclosures are pulled from the following GRI aspect categories: Employment, Occupational Health and Safety, Training and Education, Diversity and Equal Opportunity, 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: Materials, Energy, Water, Emissions, Effluents and Waste, and Procurement Practices. 102-48 Restatements Due to changes in emissions factors and errors within the data management system, the World Bank Group base year calculations of information for greenhouse gas emissions have been restated; details have been captured in the Inventory Management Plan available at: http:// worldbank.org/corporateresponsibility. 102-49 Changes in There were no significant changes from previous reporting periods in the list of material topics and topic boundaries. reporting 102-50 Reporting The GRI Index 2018 covers fiscal year 2018, i.e., July 1, 2017 through June 30, 2018. period 102-51 Date of most The previous Sustainability Review and GRI Index were made available in October 2017. recent report 102-52 Reporting The World Bank updates its GRI Index annually and provides a summary of the year's activities in the World Bank Annual Report. An cycle in-depth World Bank Sustainability Review is published biennially. 21 102-53 Contact For more information, email the World Bank Corporate Responsibility Program: crinfo(a)worldbank.org. point for questions regarding the report 102-54 Claims The GRI Index 2018 has been prepared in accordance with the GRI Standards: Core option. of reporting in accordance with the GRI Standards GENERAL DISCLOSURES • Reporting Practice 102-55 GRI content The GRI Index 2018 is available on the following webpage: http://www.worldbank.org/corporateresponsibility. index 102-56 External The World Bank has not set a policy on gaining external assurance for its GRI Index and Sustainability Review. In practice, limited assurance assurance is carried out for the Bank’s corporate carbon emissions data periodically. Fiscal year 2016 carbon emissions data was audited by a third party. The carbon inventory is also assured every year by the IFC Annual Report auditors. 22 World Bank GRI Index 2018 ECONOMIC DISCLOSURES GRI 201: ECONOMIC PERFORMANCE 103-1a: An explanation of why the topic is material - The World Bank, one of the world’s largest development institutions, is an important source of financial resources and technical assistance for developing countries around the globe. It is not a bank in the ordinary sense, but a unique partnership formed to reduce poverty and promote development. Two goals—ending extreme poverty and promoting shared prosperity—guide the Bank’s mission. Sustainability, an overarching ECONOMIC DISCLOSURES • Economic Performance theme, frames these goals. To support this mission, the Bank provides 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, and climate change, among others. The areas that Bank investments support present enormous challenges and opportunities for development, making it essential that they be tackled in an integrated way. 103-1b: The Boundary for the material topic - This topic applies to the World Bank’s operational boundary impacts. The World Bank’s lending is aimed at two different groups of countries: the International Bank for Reconstruction and Development (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, the International Development Association (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, including OECD countries and, increasingly, middle-income nations. 103-1c: Any specific limitation regarding the Boundary of the topic - This response does not cover activities of the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - The Bank has established two goals to galvanize international and national development efforts: to end extreme poverty (i.e., reducing the share of the global population living in extreme poverty to 3 percent by the year 2030) and to promote shared prosperity (i.e., increasing the income of the bottom 40 percent of the population). Both goals must be met in a sustainable manner. 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 Bank management and its Board of Executive Directors on progress made and areas that need attention. Aspects of financial sustainability 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. For more information on the Corporate Scorecard, see http://scorecard.worldbank.org. The World Bank Group has established its Climate Change Action Plan for 2016-2020 in April 2016. The Climate Change Action Plan serves as a guiding document on climate action and lays out ambitious climate change related targets and commitments to meet challenges and opportunities from climate change by supporting transformative policies and institutions, scaling up sectoral climate actions, integrating climate change across its operations, and working more closely with others. IDA18 includes climate-related policy commitments on deepening mainstreaming by increasing climate focus through strategic programming and project design, supporting efforts towards achieving Sustainable Energy for All objectives, and monitoring and reporting on IDA resources used and private finance mobilized for climate change. Performance against these commitments is reported quarterly at a meeting chaired by the Chief Executive Officer. 23 201-1 Direct economic In fiscal year 2018, IBRD’s net revenues totaled $2.19 billion (versus $1.98 billion in 2017 and $1.89 billion in 2016), and IDA’s value generated and net revenues were $1.07 billion (versus $1.32 billion in 2017 and $1.93 billion in 2016). distributed Sources of revenue include net revenue from loans, net revenue from IBRD’s Equity Management, revenue from investments trading, and transfers from affiliated organizations. The financial performance of IBRD reflects the impact from the measures put in place in previous years to increase its financial capacity and ensure its long-term financial sustainability. In fiscal year 2018, IBRD’s administrative expenses were $1.13 billion (versus $1.18 billion in 2017 and $1.30 billion in 2016), and IDA’s ECONOMIC DISCLOSURES • Economic Performance administrative and development grant expenses for fiscal year 2017 were $6.47 billion (versus $4.09 billion in 2017 and $2.41 billion in 2016). Significant progress has been made to ensure budget spending discipline and efficiency, which has resulted in an improvement in the budget anchor (an efficiency measure that shows net administrative expenses as a percentage of loan spread revenue). To better understand the business models of each entity, please see the IBRD Management’s Discussion & Analysis (MD&A) and the IDA MD&A. See Financial Statements, http://www.worldbank.org/financialresults. 24 World Bank GRI Index 2018 201-2 Financial Climate change is already affecting countries and communities around the world, and the poorest and most vulnerable are being implications and other hit the hardest. risks and opportunities due to climate change The World Bank Group has committed to increase its climate financing to 28 percent of the Bank Group’s portfolio by 2020, in response to client demand. To meet this commitment, the organization adopted the Climate Change Action Plan that lays out ambitious targets to be met by 2020 in such areas as clean energy, climate-smart agriculture, disaster risk management, and sustainable urbanization, including helping client countries add 30 gigawatts of renewable energy, put in place early warning ECONOMIC DISCLOSURES • Economic Performance systems for 100 million people, and develop climate-smart agriculture investment plans for at least 40 countries. The World Bank Group is on track to meet or exceed the key objectives of the Climate Change Action Plan. • In fiscal year 2018, $20.5 billion, or 32 percent, of total commitments to activities with climate co-benefits had been made, an increase from $10.8 billion, or 18 percent, of total commitments in 2016. • Increased financing for climate action has driven strong results, including generating or integrating 18 gigawatts of additional renewable energy into electricity grids, and mobilizing over $10 billion in commercial finance for clean energy. • The World Bank has provided 38 million people in 18 countries with access to reliable climate information and early warning systems to deal with more frequent and intense natural disasters such as floods and hurricanes. • Country Forest Notes have been developed for seven countries, while 22 climate-smart agriculture profiles or investment plans have been completed for 20 countries, seeking to maximize finance for climate-resilient and low-carbon development in the sector. • Through tracking of climate co-benefits, screening of climate and disaster risks, and applying greenhouse gas (GHG) accounting to operations in key sectors, climate change is being mainstreamed throughout the institution. • At the One Planet Summit in December 2017, the World Bank Group made the announcement that it will no longer finance upstream oil and gas after 2019 and ramp up climate ambition by announcing new commitments and targets beyond 2020 at the COP24 in Poland in 2018. For details on climate-related projects, see http://www.worldbank.org/climatechange. Progress against the financing target are tracked in the World Bank Group’s Corporate Scorecards, in which annual climate-related commitments are tracked by measuring the share of climate-related financing in total commitments, see http://scorecard. worldbank.org. Risks and opportunities and the subsequent 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. 25 201-3 Defined benefit 201-3a-b: If the plan’s liabilities are met by the organization’s general resources, the estimated value of those liabilities. plan obligations and The World Bank offers its staff defined benefit plans. Participation in the pension plan is mandatory. The Staff Retirement Plan other retirement plans (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. ECONOMIC DISCLOSURES • Economic Performance As of June 30, 2018, the value of accrued pension liabilities for IBRD/IDA was $18.4 billion, supported by assets of $18 billion held in a trust. The funded ratio (assets over liabilities) was 97.5 percent. 201-3c: If a fund set up to pay the plan’s pension liabilities is not fully covered, explain the strategy, if any, adopted by the employer to work towards full coverage, and the timescale, if any, by which the employer hopes to achieve full coverage. Assets are evaluated at their fair value, and liabilities are measured as the Projected Benefit Obligation, discounted with high- quality corporate bond rates. The two amounts are estimated in full compliance with the U.S. accounting standards (ASC 715). 201-3d: Percentage of salary contributed by employee or employer. The World Bank’s contribution to the pension plan is based on a specified funding methodology and varies from year to year in response to changes in the plan’s financial position. Employees participating in the gross plan (closed plan) contribute 7 percent of the pensionable gross salary. Employees in the net plan (open to new entrants) contribute 5 percent of their net salary to the mandatory cash balance component. Participants in the net plan may choose to contribute up to an additional 6 percent of their net salary to the cash balance. Disclosure 201-3e: Level of participation in retirement plans, such as participation in mandatory or voluntary schemes, regional, or country-based schemes, or those with financial impact. The participation in the pension plan is mandatory for staff members of the World Bank Group. 26 World Bank GRI Index 2018 201-4 Financial World Bank member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at assistance received from the World Bank. Generally, the governors are member countries’ ministers of finance or ministers of development. They meet once government a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund. The governors delegate specific duties to 25 Executive Directors, who work onsite at the Bank. The five largest shareholders appoint an Executive Director, while other member countries are represented by elected Executive Directors. ECONOMIC DISCLOSURES • Indirect Economic Impacts 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 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. GRI 203: INDIRECT ECONOMIC IMPACTS Disclosure 103-1a: An explanation of why the topic(s) is/are material - The World Bank is an important source of financial resources 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 economic development. The World Bank supports a wide array of critical investments in such areas as education, health, public administration and institutional development, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management, among others. These investments are aimed to help countries to grow their economies inclusively and sustainably; to build the human capital needed to help people seize economic opportunity; and to ensure that countries remain resilient in the face of global shocks or threats that could undermine progress in eliminating poverty. Stakeholders—including the Bank’s member countries, investors, and partners from across civil society as well as the private sector, among others—recognize development as a key impact of the Bank’s business. Disclosure 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s operational impact. Disclosure 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - When the World Bank provides governments with financing to invest in projects, it aims to ensure that people and the environment are protected from potentially adverse impacts. The Bank follows policies that identify, avoid, and minimize harm to people and the environment. These policies require the borrowing governments to address certain environmental and social risks in order to receive World Bank support for investment projects. 27 The current environmental and social policies of the Bank are known as the Safeguard Policies, the mechanism for addressing environmental and social issues in Bank-supported project design, implementation, and operation. They provide a framework for consultation with communities and for public disclosure. In August 2016, the World Bank updated its Safeguard Policies with the Environmental and Social Framework (ESF). All investment projects approved after October 1, 2018 will abide by the new ESF policies. The ESF will incrementally replace the Safeguard Policies; the two will operate in parallel for about seven years to govern projects approved before and after the date the ESF starts to be applied. ECONOMIC DISCLOSURES • Indirect Economic Impacts For more information, see http://www.worldbank.org/en/projects-operations/environmental-and-social-policies and http://www.worldbank.org/en/ projects-operations/environmental-and-social-framework. Disclosure 103-3a: An explanation of how the organization evaluates the management approach(s) - The World Bank holds itself accountable to its clients and shareholders through institutional mechanisms that monitor operational performance. These include the World Bank Corporate Scorecard, the IDA Results Measurement System, and regular opportunities to discuss progress on operations with the Bank’s Executive Directors. The Bank also benefits from the expertise of key units within and independent of the institution. The Independent Evaluation Group (IEG) aims to strengthen the World Bank Group’s development effectiveness through evaluations that assess results and performance and recommends improvements. IEG’s evaluations contribute to accountability and learning and inform the World Bank Group’s new directions, policies and procedures, and country partnership frameworks. IEG’s annual Results and Performance of the World Bank Group report assesses the Bank Group’s efforts to mainstream environmental sustainability in its country- and project-level work. For information on the World Bank Corporate Scorecard: http://scorecard.worldbank.org. For information on IDA results: http://ida.worldbank.org/results. For information on Independent Evaluation Group and links to IEG’s publicly available reports: http://ieg.worldbank.org. 203-1 Infrastructure 203-1a: Extent of development of significant infrastructure investments and services supported. investments and services Infrastructure development in sectors such as energy, transport, and information and digital technology is critical to accelerating supported economic growth, helping build human capital, and reducing poverty. The World Bank supports governments through analysis and advice, financial instruments, convening power, and by providing a solid evidence base to help them make informed decisions about improving the accessibility and quality of infrastructure services. This includes, where appropriate, utilizing public-private partnerships and other means to leverage private sector financing and expertise. • For more information on infrastructure projects financed by the World Bank in fiscal year 2018, see the World Bank Annual Report 2018, www.worldbank.org/annualreport. • For information on public-private partnerships, see: http://www.worldbank.org/en/topic/publicprivatepartnerships. • For information on energy, see: http://www.worldbank.org/en/topic/energy. • For information on extractive industries, see: http://www.worldbank.org/en/topic/extractiveindustries. • For information on transport, see: http://www.worldbank.org/en/topic/transport. • For information on digital technology, see: http://www.worldbank.org/en/topic/digitaldevelopment. 28 World Bank GRI Index 2018 203-1 Infrastructure 203-1b: Current or expected impacts on communities and local economies, including positive and negative investments and services impacts where relevant. supported Building modern, sustainable, and reliable infrastructure is critical for meeting the rising aspirations of billions of people around (continued) the globe. A significant increase in infrastructure investments in developing countries is needed to achieve poverty reduction and shared prosperity, reach the Sustainable Development Goals, and tackle climate change. To meet these goals, infrastructure ECONOMIC DISCLOSURES • Indirect Economic Impacts projects must follow rigorous environmental and social standards, and be fiscally sustainable. 203-1c: Whether these investments and services are commercial, in-kind, or pro bono engagements. World Bank investment project financing is focused on the long term (five- to ten-year horizon) and supports a wide range of activities, including capital-intensive investments, service delivery, credit and grant delivery, and institution building. Through its high-quality rating in the capital markets, the World Bank is able to raise funds at favorable market terms and pass the savings on to its borrowing members. The Bank’s investment project financing not only supplies borrowing countries with needed financing, but also serves as a vehicle for sustained, global knowledge transfer and technical assistance. This includes support to analytical and design work in the conceptual stages of project preparation, technical support and expertise (including in the areas of project management and fiduciary and safeguards activities) during implementation, and institution building throughout the project. For more information on World Bank products and services, see: http://www.worldbank.org/en/projects-operations/ products-and-services. 29 203-2 Significant indirect 203-2a: Examples of significant identified indirect economic impacts of the organization, including positive and economic impacts negative impacts. The World Bank helps policymakers 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, sustainable economic growth. The Bank pursues its principal ECONOMIC DISCLOSURES • Indirect Economic Impacts goals by providing loans, expertise on development-related disciplines, and risk management products, and by coordinating responses to regional and global challenges. The Bank’s financial resources are significant and equally valuable is its knowledge. The Bank’s scale, range, and diversity lie at the core of its specialized role as a key contributor to global development knowledge. For a breakdown of the Bank’s fiscal year 2018 portfolio commitments by theme, sector, and region, see “Deploying Resources Strategically” in the World Bank Annual Report 2018: www.worldbank.org/annualreport. See the Corporate Scorecard for the Bank’s overall performance in the context of development results: http://scorecard. worldbank.org. 203-2b: Significance of the indirect economic impacts in the context of external benchmarks and stakeholder priorities, such as national and international standards, protocols, and policy agendas. The United Nations Sustainable Development Goals (SDGs), adopted in 2015, are 17 targets in areas such as health, gender, jobs, and poverty reduction that are part of a comprehensive global agenda to end poverty in a single generation. The SDGs were formulated with strong participation from the World Bank and are fully consistent with the Bank’s own twin goals to end poverty and build shared prosperity in a sustainable manner. The World Bank helps catalyze the SDGs and the rest of the 2030 agenda through thought leadership, global convening, and country-level uptake. It is working with client countries to deliver on the 2030 agenda through three critical areas—finance, data, and implementation—and by supporting country-led and country- owned policies to attain the SDGs. Global efforts around the SDGs will guide the World Bank’s partnership efforts, especially with institutions of the United Nations, through 2030. For more information on the World Bank and the Sustainable Development Goals, see: http://www.worldbank.org/en/ programs/sdgs-2030-agenda. 30 World Bank GRI Index 2018 GRI 204: PROCUREMENT PRACTICES 103-1a: An explanation of why the topic is material - Corporate Procurement: The World Bank’s supply chain impacts are potentially the largest of its sustainability effects, with annual purchasing of the Bank topping $1.6 billion. Supply chain was also identified as a key impact area by stakeholders, including Sustainable & Impact investors. Operational Procurement: Through Investment Project Financing, the World Bank finances between $15 billion to $24 billion worth of Operations Procurements annually, in over 130 borrowing countries. This creates a material contribution to global development outcomes. ECONOMIC DISCLOSURES • Procurement Practices 103-1b: The Boundary for the material topic(s) - This topic is material to both the World Bank’s corporate and operational boundaries. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - Corporate Procurement: In certain cases, management of the impacts by tier 2 suppliers, and those further down the supply chain, may not be feasible due to unavailable information. The Bank will continue to work with prime suppliers of major contracts to reduce the impacts of their supply chains. 103-2a: An explanation of how the organization manages the topic(s) - Corporate Procurement: The World Bank Group 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 environmentally-responsible corporate procurement policies. For lower-value procurement in country offices, responsibility for purchases sits with the country office management, with oversight provided by the corporate procurement unit. Around 60 percent of purchases of goods and services occurs in the World Bank Group’s headquarters, in Washington, DC, with the other 40 percent divided among the World Bank Group’s country offices. Many of the impacts from the procurement of goods and services are not directly caused by the World Bank Group but occur as a result of the Bank Group’s business relationship with suppliers. To mitigate potential impacts, the Bank Group identifies major impacts in each purchasing category, and uses mandatory specifications, evaluation criteria, and contract management to reduce the indirect impact of goods and services delivered to the Bank Group. 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 as well as evaluation criteria to reward sustainability best practice. A sustainability framework for corporate procurement is under development to manage the sustainability impacts of Bank Group purchases. Portions of the framework are already being applied—major purchases with contract values over $1 million must address the sustainability impacts of the purchase in presentations to governance committees comprised of senior management. Operational Procurement: Operations Procurements arise from the implementation of international development projects financed by the World Bank. Finance is provided to Borrowers (Bank clients) through Investment Project Financing (IPF). In Operations Procurement the Borrower is the Buyer, not the Bank. However, the Borrower is required to follow the Bank’s Operations Procurement rules when tendering, letting, and implementing these contracts. These rules are split into two types: the Bank’s previous Procurement Guidelines (for Goods, Works and Non-Consulting Services) and Consultant Guidelines (for the selection and employment of Consultants) and the new Procurement Framework (introduced July 1, 2016). Operations Procurement opportunities are overseen by the World Bank, mainly through the Bank’s regional teams, or its global practice units. As projects arise they are allocated to a Task Leader (TL), usually based in the country that is responsible for implementing the project. In fulfilling this function, the Bank takes a risk- based approach. The main types of Operations Procurements financed by the Bank include: 31 • Highly complex infrastructure, e.g., railways, power stations, water treatment plants; • Consultancy services, e.g., engineering design and supervision, tax collection advice, research and development; • Major plant and equipment, e.g., generators, wind turbines, pumps, rail stock; • Information technology, e.g., computers, mobile phone networks; • Non-consulting services, e.g., aerial surveying, cartography, site investigations; and ECONOMIC DISCLOSURES • Procurement Practices • Critical supplies, e.g., emergency medical supplies, shelters, food. Social and Environmental Policies − When the Bank provides governments with financing to invest in projects-such as building a road, connecting people to electricity, or treating waste water - it aims to ensure that the people and the environment are protected from potential adverse impacts. The Bank does this through policies that identify, avoid, and minimize harm to people and the environment. These policies require the borrowing governments to address certain environmental and social risks in order to receive World Bank support for investment projects. Safeguard Policies − The current environmental and social policies of the Bank are known as the Safeguard Policies, the mechanism for addressing environmental and social issues in Bank-supported project design, implementation, and operation. The policies provide a framework for consultation with communities and for public disclosure. Examples of these requirements include conducting environmental and social impact assessments, consulting with affected communities about potential project impacts, and restoring the livelihoods of displaced people. Environmental and Social Framework − In August 2016, the World Bank adopted a new set of environment and social policies called the Environmental and Social Framework (ESF). Preparations to implement the ESF are underway, with plans for launch on October 1, 2018. The ESF will incrementally replace the Safeguard Policies; the two will operate in parallel for about seven years to govern projects approved before and after the date the ESF starts to be applied. 103-2b: A statement of the purpose of the management approach for each topic - Corporate Procurement: The purpose of the management approach for corporate procurement practices is to enhance positive impacts of the World Bank’s purchases where possible, and to avoid and then mitigate negative impacts where required. Operational Procurement: Procurement in Investment Project Financing operations supports borrowers in achieving value for money with integrity in delivering sustainable development. 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - Corporate Procurement: In April 2018, the World Bank Group publicly committed to double its procurement with women-owned businesses providing services to the Bank’s global offices by 2023. Responsibility for designing the sustainability framework falls with the corporate procurement unit. Responsibility for ensuring major purchases address sustainability impacts falls with either the Corporate Procurement Committee (for purchases more than $1 million and less than $5 million) or the World Bank Group Procurement Committee (for purchases more than $5 million). The Corporate Procurement unit has assigned a Sustainability Manager to help design and implement the sustainability framework and work with corporate procurement as well as internal business clients to mainstream these efforts into the corporate procurement process. Operational Procurement: Operations Procurement is controlled through the World Bank’s Procurement Framework (and other Operations policies including the Bank’s Environmental and Social Policies through the legal agreement for the Loan): 32 World Bank GRI Index 2018 • Procurement policy for Investment Project Financing (IPF) and other operational matters; • Procurement directive; • Procurement procedure; • Procurement regulations for IPF borrowers; and • Guidance, including a specific guide on sustainable procurement. ECONOMIC DISCLOSURES • Procurement Practices Project specific commitments, goals, and targets are set and agreed on by the borrower and the Bank (reflecting requirements of Bank Operations policies). Operations Procurement responsibilities are defined in the Bank’s Procurement directive. For specific projects, Operations Procurement is overseen by the World Bank, mainly through the Bank’s regional teams, or its global practice units. As projects arise, they are allocated to a Task Team Leader, usually based in the country that is responsible for implementing the project. The Task Team Leader is supported by a Task Team comprising subject matter experts including procurement specialists, environmental specialists, social specialists, etc. Operations Procurement grievance mechanisms are explained in the Bank’s guide, “Procurement-Related Complaints.” For integrity matters, the process is governed by the Bank’s sanctions framework and anti-corruption guidelines. Specific actions include enhancements to the Bank’s Operations Procurement standard bidding documents to include additional criteria on Environmental, Health & Safety, and Social matters, including, among others, enhancements to the prevention of gender-based violence. The Bank has also provided seminars and webinars on Environmental, Health & Safety, and Social matters, and on October 1, 2018, the Bank will launch its new Environmental and Social Framework including, among others, assessment and management of environmental and social risks and impacts, labor and working conditions, resource efficiency, and pollution prevention and management. 103-3a: An explanation of how the organization evaluates the management approach(s) - Corporate Procurement: Corporate Procurement partnered with Facilities Management in reviewing main categories to align the Bank’s sourcing strategy, selection, and contract execution with those of leading companies working to minimize environmental impact. Assessments of major corporate material purchases (including office construction and renovations, paper, computers, and furniture) are being conducted to strengthen and mandate environmental specifications. The World Bank Group Procurement Committee of senior managers reviews all planned procurement valued above $5 million to ensure that socially and environmentally responsible criteria are present from the project’s outset. Operational Procurement: All Operations Procurements are subject to assurance mechanisms to ensure that Bank Operations policies have been met. This is applied using a risk-based approach. Higher risk and/or value operations procurements are subject to prior review at key stages of the procurement process by accredited Bank specialists who verify compliance. These procurements may only progress to the next process stage once a clearance has been given by an accredited Bank specialist and the Task Team Leader has issued a “no objection.” For procurements not subject to prior review (lower risk and/or value), a post review is undertaken; this is an ex-ante review undertaken on a minimum 10 percent sampling basis (see Procurement Procedure). Very high value and/or risk procurements are also overseen by the Bank’s Operations Procurement Review Committee (OPRC; see Procurement Procedure), chaired by the Bank’s Operations Chief Procurement Officer. This committee reviews all complex procurements at key stages on a prior review basis. Operations Procurement practices are also audited by the Bank’s Internal Audit Department (IAD) and by the Bank’s external auditors. The Bank’s Independent Evaluation Group (IEG) also periodically reviews Operations Procurement’s performance. 33 204-1 Proportion of 204-1a: Percentage of the procurement budget used for significant locations of operation that is spent on spending on local suppliers local to that operation (such as percentage of products and services purchased locally). suppliers Corporate Procurement: The World Bank Group is refining its approach to local vendor screening, leveraging the newly established category management and electronic tendering system. Commodity segmentation has been completed, and the identification and inclusion of local criteria in the screening and evaluation process is under way. A new eProcurement system capable of tracking spend with local suppliers will begin to be implemented in late 2018 and will be reported on in future publications. ECONOMIC DISCLOSURES • Procurement Practices Operations Procurement: Seventy-seven percent of Operations Procurement was from suppliers registered in borrower countries in fiscal year 2018, totaling $7,414 million out of $9,588 million. 204-1b: The organization’s geographical definition of ‘local’. Corporate Procurement: The World Bank currently uses in-country vendors as the definition of “local.” If the office address for the vendor in the Bank system is in the country where the service occurs, then it is considered local and the assumption is made that it is employing and conducting business locally. Operations Procurement: “Local” is defined as a procurement supplied by a supplier registered in the borrower country. 204-1c: The definition used for ‘significant locations of operation’. Corporate Procurement: For the Bank’s corporate procurement, significant locations of operation include World Bank offices located in Washington, DC as well as field offices with occupancy of more than 100 employees. Operations Procurement: Significant locations are defined as any country that borrows Investment Project Financing from the World Bank. 34 World Bank GRI Index 2018 GRI 205: ANTI-CORRUPTION 103-1a: An explanation of why the topic(s) is/are material - The World Bank Group considers corruption a major challenge to its twin goals of ending extreme poverty by 2030 and boosting shared prosperity for the poorest 40 percent of people in developing countries. In addition, reducing corruption is at the heart of the Sustainable Development Goals and achieving the ambitious targets set for Financing for Development. It is a priority for the World Bank Group and many of its partners. The World Bank Group has included Governance and Institutions as a theme in IDA18 in order to focus global attention on the issue. World Bank Group operations across sectors systematically incorporate governance and anticorruption measures into project design. The objective is to avoid/ mitigate corruption and fiduciary risks and ensure that development funds are used for their intended purposes. ECONOMIC DISCLOSURES • Anti-Corruption Following the global Anti-Corruption Summit in May 2016, the World Bank Group reaffirmed its commitment to confront corruption as a core development issue wherever it exists and to support integrity in public sector institutions. The World Bank Group also agreed to: • Build the capacity of country clients to deliver on their commitments to enhance transparency and reduce corruption; • Enhance its support for implementation of anti-money laundering requirements and for the recovery of stolen assets; and • Extend its work on tax reform, illicit financial flows, procurement reform, and preventing corrupt companies from winning public contracts. The World Bank Group participates in a number of collective action initiatives at the regional and global levels, including: • Leadership in creating international transparency standards (Global Initiative on Financial Transparency, Open Contracting Standard, Asset Disclosure Standards), and support for the implementation of open government (through support for the Open Government Partnership); • Active assistance in the implementation of transparency and accountability efforts such as the Extractive Industries Transparency Initiative, Publish What You Pay, Fisheries Transparency, and Anti-Money Laundering rules; • Engagement and active support for international alliances and regional anti-corruption forums, such as the International Corruption Hunters Alliance and Latin America Regional Parliamentary Network; and • Engagement in international fora on anti-corruption, including the G20 Anti-Corruption Working Group, the Financial Accountability Task Force, and the OECD Anti-Corruption Task Team. 103-1b: The Boundary for the material topic(s) - This topic is material within the Bank’s operational boundary. 103-2a: An explanation of how the organization manages the topic(s) - The Integrity Vice Presidency (INT) investigates and pursues sanctions related to allegations of fraud and corruption in World Bank Group-financed projects. INT supports the main business units of the World Bank Group and external stakeholders, mitigating fraud and corruption risks through sharing investigative findings, advice, prevention, and outreach efforts. See www.worldbank.org/integrity. The Ethics and Business Conduct Department (EBC) helps staff assess whether their personal and professional activities are in compliance with Bank Group rules. EBC actively helps staff identify whether their situations involve conflicts of interest that need to be addressed. More than 2,000 staff members undergo an annual check-up of their personal, financial, and business interests so that the Bank Group can be protected from apparent and real conflicts through the Declaration of Interests program that EBC manages. The World Bank Group’s Governance Global Practice (GGP) provides financing, intellectual leadership, and a reservoir of global experience to help countries develop practical reforms to address complex governance challenges. The GGP’s current strategic priorities focus on five key areas to help close implementation gaps: 35 1. Strengthening public policy processes; 2. Promoting effective resource management; 3. Reinforcing public service delivery; 4. Strengthening the public-private interface; and 5. Understanding the underlying drivers and enablers of policy effectiveness. See www.worldbank.org/anticorruption. 103-2c : A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. ECONOMIC DISCLOSURES • Anti-Corruption Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA Credits and Grants (revised as of July 1, 2016) were designed to prevent and combat Fraud and Corruption. Fraud and corruption may occur in connection with the use of the proceeds of financing from IBRD or IDA during the preparation and implementation of projects supported by Investment Project Financing (IPF). The guidelines set out the general principles, requirements, and sanctions applicable to persons and entities that receive, are responsible for the deposit or transfer of, or take or influence decisions regarding the use of such proceeds. See https://policies.worldbank.org/sites/ppf3/PPFDocuments/40394039anti-corruption%20guidelines%20(as%20 revised%20as%20of%20july%201,%202016).pdf 205-1 Operations 205-1a: Total number and percentage of operations assessed for risks related to corruption. assessed for risks related INT assesses and investigates allegations of corruption involving World Bank Group financing. In fiscal year 2018, INT opened to corruption 68 external investigations into possible corruption, fraud, collusion, coercion, and obstruction in 67 World Bank Group-financed projects in 39 countries. The investigations substantiated in the fiscal year involved 44 projects and included the review of 230 contracts, totaling approximately $1.45 billion. 205-1b: Significant risks related to corruption identified through the risk assessment. Keeping staff who work on projects attuned to risks arising from investigations and forensic audits is critical to ensuring that high-risk operations, in particular, are able to deliver results. As of the end of fiscal year 2018, INT had identified 390 World Bank Group-financed projects as being exposed to specific integrity risks. The projects were identified on the basis of specific criteria, including relevant ongoing and recently substantiated investigations, and the existence of multiple credible complaints. INT alerted the relevant project teams so that the risks could be addressed through strengthened project design or supervision. 36 World Bank GRI Index 2018 205-2 Communication 205-2a: Total number and percentage of governance body members that the organization’s anti-corruption and training about anti- policies and procedures have been communicated to, broken down by region. corruption policies and procedures INT provides all new Executive Directors of the Board and their Advisors with an overview of INT’s mandate, structure, and case portfolio, and highlights relevant issues during the Board Induction program. The Audit Committee of the Board, made up of eight Executive Directors, is briefed in more detail on a quarterly basis on these same activities. 15 Advisors to Executive Directors attended INT’s Integrity Clinic in fiscal year 2018. This clinic raises awareness about how corruption can impact World Bank Group-financed projects so that Board members are better able to assess projects before approving them. ECONOMIC DISCLOSURES • Anti-Corruption 205-2b: Total number and percentage of employees that the organization’s anti-corruption policies and procedures have been communicated to, broken down by employee category and region. All new employees receive an overview of relevant staff rules and how to report suspected corruption issues. INT-organized training for 1,650 staff and clients on topics such as forensic auditing, integrity due diligence, and spotting indicators of corruption in fiscal year 2018. The Operations Policy and Country Services (OPCS) Governance and Anti-Corruption-in-Operations community of practice (300 staff) also fosters outreach and training to World Bank Group staff on corruption risks at a project’s level. In 2018, INT developed an e-learning course on dealing with fraud and corruption that will be mandatory for all World Bank staff. 205-2c: Total number and percentage of business partners that the organization’s anti-corruption policies and procedures have been communicated to, broken down by type of business partner and region. Describe if the organization’s anti-corruption policies and procedures have been communicated to any other persons or organizations. The World Bank Group harmonized investigative procedures and definitions of sanctionable practices (including corruption) with the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter- American Development Bank. Firms and individuals who are blacklisted by the World Bank Group must meet specific conditions, such as establishing and implementing an effective corporate compliance program or improving an existing program before they are again eligible to bid on World Bank Group-funded projects. These conditions are based on the Integrity Compliance Guidelines. At the end of fiscal year 2018, 328 entities had been sanctioned with such conditions. In fiscal year 2018, the Integrity Compliance Office notified 59 newly debarred entities of their conditions for release, and 15 entities met their conditions for release. For more information on the Integrity Compliance Guidelines, see http://pubdocs.worldbank.org/en/489491449169632718/ Integrity-Compliance-Guidelines-2-1-11.pdf. 37 205-3 Confirmed 205-3a: Total number and nature of confirmed incidents of corruption. incidents of corruption Seventeen of 47 substantiated cases in fiscal year 2018 involved corruption by firms or individuals working on Bank Group- and actions taken funded projects. 205-3b: Total number of confirmed incidents in which employees were dismissed or disciplined for corruption. In fiscal year 2018, one staff member’s employment was terminated for issues related to multiple conflicts of interest and abuse of position, leading to misuse of Bank Group funds. 205-3c: Total number of confirmed incidents when contracts with business partners were terminated or not ECONOMIC DISCLOSURES • Anti-Corruption renewed due to violations related to corruption. No corporate vendors were debarred in fiscal year 2018. 205-3d: Public legal cases regarding corruption brought against the organization or its employees during the reporting period and the outcomes of such cases. No corruption cases were brought against the World Bank Group or its employees in fiscal year 2018. 38 World Bank GRI Index 2018 ENVIRONMENTAL DISCLOSURES GRI 301: MATERIALS 103-1a: An explanation of why the topic(s) is/are material - Key materials in World Bank corporate operations include office supplies and electronics purchased to support the work of Bank staff globally. Reducing the environmental impact of these materials by minimizing consumption and maximizing the use of recycled content and rapidly renewable choices ensures resources are available for future generations. Stakeholders, which include Sustainable and Impact investors, recognized that the materials used in the Bank’s internal operations and the associated supply chain practices are highly relevant to its business impact. ENVIRONMENTAL DISCLOSURES • Materials 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s corporate impact boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - This response does not cover activities of the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2a: An explanation of how the organization manages the topic(s) - The World Bank identifies products and services with large environmental impacts or those that it procures in large amounts. The 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 including Energy Star ratings and Forest Stewardship Council (FSC) certification, and other sustainable criteria. The Bank is currently assessing the approach to manage its material inputs and associated supply chains and expect to have more to report in future years. 301-1 Materials used The World Bank does not use a large amount of materials to produce Materials Used (metric tons) FY18 FY17 FY16 by weight or volume or package products; materials input primarily support its office- Total non-renewable materials 222 235 116 based environment. This includes the use of office supplies such as paper, information technology equipment, and food-service-related Electronic equipment 36 43 13 consumables. Office products 86 97 103 In fiscal year 2018, the total amount of non-renewable materials used Bottled water 100 95 - was 222 metric tons, including 36 tons of electronic equipment, 86 tons Total renewable materials 563 595 505 of office products, and 100 tons of bottled water. In the same period, the total amount of renewable material used was 563 tons, including 501 Paper 501 550 505 tons of paper and 62 tons of food-service-related consumables. Note that Food-service related consumables in the table below, the Bank began tracking bottled water and food- (includes carry out containers, cups, 62 45 - service related consumables in fiscal year 2017. A phase out of plastic cutlery and napkins) bottles at the Bank’s headquarters is underway in fiscal year 2019. 39 301-2 Recycled input The World Bank is committed to using resources that are made from recycled or rapidly renewable materials for its internal operations. materials used The largest material purchases include paper, office supplies, office furniture, cafeteria napkins, and electronics. Paper: 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. In fiscal year 2018, 50 percent of paper used was made from 100 percent post-consumer waste recycled content, while 46 percent consisted of 10 to 85 percent recycled content and four percent was virgin paper. ENVIRONMENTAL DISCLOSURES • GRI 301: Materials Office supply: The Bank also tracks the percentage by weight of all items purchased from its office supply vendor that contain at least 10 percent post-consumer recycled content. In fiscal year 2018, 17 percent of all purchases from the office supply vendor contained at least 10 percent post-consumer recycled content, compared to 16 percent in fiscal year 2017. Furniture: More than 40 percent of the Bank’s 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. Food Services: In the Bank’s food services, all cafeteria napkins are made from 100 percent post-consumer recycled paper and produced with a 100 percent bleach-free process. In fiscal year 2018, the Bank purchased 4.66 tons of napkins. Electronic purchasing: The Bank also uses sustainability criteria for its information technology purchases to ensure components of computers, laptops, and monitors are made of recycled input materials. The percentage of recycled components in technology purchases is not tracked. GRI 302: ENERGY 103-1a: An explanation of why the topic(s) is/are material - Energy is a key input to the World Bank’s business operations. 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 result in severe health consequences and affects the expense-to-business revenue ratio. Stakeholders, which include Sustainable & Impact investors, consider energy an important impact from the Bank’s internal business. 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s corporate impact boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - This response does not cover activities of the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2a: An explanation of how the organization manages the topic(s) - 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 Global Corporate Solutions. Energy use is evaluated as an absolute figure and on an intensity basis to determine progress. Responsibility for increasing the energy efficiency of the Washington, DC, headquarters 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 year 2017 data (including that from headquarters) are presented in the 2018 GRI Index. 40 World Bank GRI Index 2018 302-1 Energy 302-1a: Total fuel consumption within the organization from non-renewable sources, in joules or multiples, and consumption within including fuel types used. the organization The World Bank purchases natural gas, propane, gasoline, and diesel fuel for combustion onsite at its facilities globally as well as gasoline and diesel fuel for owned vehicles. In fiscal year 2017, total global fuel use was 85,861 GJ, compared to 77,494 GJ in fiscal year 2016, and 87,219 GJ in fiscal year 2015. Onsite global fuel use (GJ) FY17 FY16 FY15 Total 85,861 77,494 87,219 ENVIRONMENTAL DISCLOSURES • Energy 302-1b: Total fuel consumption within the organization from renewable sources, in joules or multiples, and including fuel types used. Fuel consumption from renewable resources is not tracked, because data from fuel providers globally are not appropriately detailed. 302-1c: In joules, watt-hours or multiples, the total: i. electricity consumption; ii. heating consumption; iii. cooling consumption; iv. steam consumption. Electricity, cooling, and steam consumption is provided in the table. The World Bank does not have any purchased heating, such as district heating, purchased for consumption. Data reported in last year’s GRI Index included heating generated through onsite fuel consumption which is outside the reporting requirement and thus removed from this GRI disclosure. Purchased Energy Consumption (GJ) FY17 FY16 FY15 Total 420,295 415,132 433,931 Electricity 414,418 409,209 429,622 Cooling 5 0 33 Steam 5,873 5,923 4,277 302-1d: In joules, watt-hours or multiples, the total: i. electricity sold; ii. heating sold; iii. cooling sold; iv. steam sold. The World Bank does not sell any electricity, heating, cooling, or steam. 302-1e: Total energy consumption within the organization, in joules or multiples. Total global energy use from onsite fuel use, vehicle fuel use, and purchased electricity, cooling, and steam, in fiscal year 2017 equaled 506,156 GJ, compared to 492,626 GJ in fiscal year 2016. Offices located in the U.S. used 316,337 GJ, compared to 325,712 GJ in fiscal year 2016. In fiscal year 2017, data collected from the Bank’s 137 country office facilities outside of the U.S. totaled 189,819 GJ of energy, compared to 166,914 GJ in fiscal year 2016. 41 302-1a Energy Total Energy Consumption (GJ) FY17 FY16 FY15 consumption within the organization World Bank Total Energy 506,156 492,626 521,150 U.S. facilities and vehicles 316,337 325,712 346,526 (continued) Country office facilities and vehicles 189,819 166,915 174,624 Steam 5,873 5,923 4,277 302-1f: Standards, methodologies, assumptions, and/or calculation tools used. ENVIRONMENTAL DISCLOSURES • Energy 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 year 2017. For more information, see: http://worldbank.org/corporateresponsibility. 302-2 Energy 302-2a: Energy consumption outside of the organization, in joules or multiples. consumption outside Energy consumption outside the organization includes fuel used in contractor-owned vehicles as well as commercial airlines used for of the organization employee business travel. Data from contractor vehicle use is provided below. Data for fuel use in commercial airliners are not available, as this information is not provided by commercial airlines. Total Energy Consumption (GJ) FY17 FY16 FY15 Contractor-owned vehicles 20,328 18,468 18,233 302-2b: Standards, methodologies, assumptions, and/or calculation tools used. Information about World Bank standards, methodologies, and assumptions used, including conversion factors, are in the World Bank Group’s Inventory Management Plan for fiscal year 2017. For more information, see: http://www.worldbank.org/corporateresponsibility. 42 World Bank GRI Index 2018 302-3 Energy 302-3a: Energy intensity ratio for the organization. intensity Overall there was a slight increase in energy use in the Bank’s 137 global locations mainly due to increased reliance on on-site generator fuel in the Bank’s Afghanistan office and increased electricity use in the London and Chennai offices. Energy Intensity (GJ/m²) FY17 FY16 FY15 World Bank Energy Intensity (GJ/m²) 0.81 0.80 0.87 Total energy (GJ) 506,156 492,626 521,150 Total occupied square meters (m²) 624,568 612,247 596,562 ENVIRONMENTAL DISCLOSURES • Energy 302-3b: Organization-specific metric (the denominator) chosen to calculate the ratio. This is based on 624,568 total occupied square meters in fiscal year 2017; 612,247 total square meters in fiscal year 2016; and 596,562 total square meters in fiscal year 2015. 302-3c: Types of energy included in the intensity ratio, whether fuel, electricity, heating, cooling, steam, or all. This ratio includes all energy (onsite combustion fuel, mobile combustion fuel, electricity, cooling, and steam). 302-3d: Whether the ratio uses energy consumption within the organization, outside of it, or both. The ratio includes only energy consumption within the organization. 43 302-4 Reduction of 302-4a: Amount of reductions in energy consumption achieved as a direct result of conservation and efficiency energy consumption initiatives, in joules or multiples. In fiscal year 2018, the Bank undertook efficiency measures that reduced its energy consumption by 1,804 GJ, predominately through reductions in electricity use. In the Bank’s non-U.S. offices, this included the following: • Ethiopia, Nigeria, Lebanon, Sudan, and Bangladesh country offices upgraded to LED lights in their offices, with expected savings of 1,149 GJ per year. • Ethiopia office installed solar water heaters and solar compound lights and installed soft starters, with expected savings of 84 GJ per year. • Kenya office updated motors on the chillers and cooling tower, and installed 6.5 Kw of solar, with expected savings of 486 GJ per year. ENVIRONMENTAL DISCLOSURES • Water • Lebanon office installed solar security lighting throughout the compound and soft starters on chillers—expected energy savings not calculated at time of report. Reduction reporting is based on major initiatives taken in fiscal year 2018. 302-4b: Types of energy included in the reductions, whether fuel, electricity, heating, cooling, steam, or all. The reductions are based mainly on electricity usage. 302-4c: Basis for calculating reductions in energy consumption, such as base year or baseline. Reductions are calculated between fiscal years. The base year reduction in this case is fiscal year 2017. 302-4d: Standards, methodologies, assumptions, and/or calculation tools used. Methodologies and assumptions for calculating reductions are specific to each initiative and are sourced from engineering proposals. GRI 303: WATER Disclosure 103-1a: An explanation of why the topic(s) is/are material - Water security is among the top global risks in terms of development impact. The world will not be able to overcome the sustainable development challenges of the 21st century—including human development, livable cities, climate change, food security, and energy security—without improving management of water resources and ensuring access to reliable water and sanitation services. Water was identified as a key impact by stakeholders, including Sustainable & Impact Investors. 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s corporate impact boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - This response does not cover activities of the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2a: An explanation of how the organization manages the topic(s) - Quarterly evaluation of the use of water, like other utilities, is conducted by the Director of Global Corporate Solutions. Water use is evaluated both as an absolute figure and on an intensity basis to determine progress. Responsibility for increasing the water 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 manager in the Bank’s Corporate Real Estate unit. 44 World Bank GRI Index 2018 303-3 Water 303-3a: Total water withdrawal from all areas in megaliters, and a breakdown of this total by source withdrawal Of the total 382.54 megaliters of water usage globally in fiscal year 2017, 187.12 megaliters of municipal water was used in the Washington, DC offices, primarily for domestic and drinking water purposes. Offices outside the U.S. reported a total of 195.42 megaliters of water used. Water Usage (megaliters) FY17 FY16 FY15 US facilities 187.1 193.7 0.87 Country office facilities 195.4 144.0 521,150 ENVIRONMENTAL DISCLOSURES • Emissions In fiscal year 2017, 80 percent of the global portfolio and in 2016, 78 percent of the global portfolio reported water data. No estimations are calculated for offices not reporting water usage. With an increased response rate each year it is expected that the total global water usage will increase. The Washington, DC offices use municipal water supply from the Potomac watershed. No surface water, groundwater, rainwater collected by the organization, or wastewater from other organizations was used in the Washington, DC offices in fiscal year 2017. The source of withdrawal is not available for offices outside of the US, as this information is not currently collected. The Bank is building systems to collect this information. Water use is based on utility bills from the local water utility, DC Water, in Washington, DC, and from utility bills or meters in those non- U.S. offices that can report. GRI 305: EMISSIONS 103-1a: An explanation of why the topic(s) is/are material - Addressing climate change is part of the World Bank’s core mission of helping countries end extreme poverty and boost shared prosperity. Climate change threatens to erode development gains around the world—and its effects are greatest on the poorest and most vulnerable countries, which are the World Bank’s clients. 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s corporate impact boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - This response does not cover activities of the other three agencies of the World Bank Group: the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2a: An explanation of how the organization manages the topic(s) - 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 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 complete boundary available in the annually updated World Bank Group’s Inventory Management Plan. A third party regularly verifies the Inventory Management Plan and the GHG inventory to ensure they meet international best practices. 45 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - The World Bank surpassed its GHG emissions target of reducing facilities-based emissions by 10 percent between 2010–17 and aims to introduce a new target in the coming year. Data from country offices lag by one year; therefore, fiscal year 2017 data (including that from headquarters) are presented in the GRI Index 2018. 305-1 Direct 305-1a: Gross direct (Scope 1) GHG emissions in metric tons of CO2 equivalent. (Scope 1) GHG The World Bank measures direct GHG emissions for its internal operations based on site-specific data for facilities. Estimates are made ENVIRONMENTAL DISCLOSURES • Emissions emissions for those facilities with missing data. In fiscal year 2017, total gross direct (Scope 1) GHG emissions equaled 7,829 mtCO2e, of which 944 mtCO2e were emissions from the Bank’s U.S. facilities. The remaining 6,885 mtCO2e stemmed from offices and vehicle use in the 137 offices providing data outside of the U.S. base-year (fiscal year 2010) emissions equaled 5,826 mtCO2e. The increase in Scope 1 emissions was due to a slight increase in generator use in country offices. Scope 1 emissions (mtCO2e) FY 17 FY16 FY15 Base year FY10 World Bank total 7,829 6,970 7,972 5,826 U.S. facilities and vehicles 944 975 1,009 1,615 Country office facilities and vehicles 6,885 5,996 6,963 4,211 305-1b: Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all. Gases included in the calculation are CO2, CH4, N2O, and HFCs. There are no known emissions of PFCs, SF6 or NF3, as detailed in the World Bank Group’s Inventory Management Plan 305-1c: Biogenic CO2 emissions in metric tons of CO2 equivalent. There are no biogenic CO2 emissions. 305-1d: Base year for the calculation, if applicable. Base year for this calculation is fiscal year 2010 which began on July 1, 2009. Fiscal year 2010 was chosen as the base year because it was the first year that confidence for data related to emissions from country offices was high. 305-1e-g: Standards, methodologies, assumptions, and/or calculation tools used. Information on methodology, emissions factors, Global Warming Potential (GWP) rates, and consolidation approach are in the Inventory Management Plan for fiscal year 2017. For more information, see http://www.worldbank.org/corporateresponsibility. 46 World Bank GRI Index 2018 305-2 Energy indirect 305-2a: Gross location-based energy indirect (Scope 2) GHG emissions in metric tons of CO2 equivalent. (Scope 2) GHG The World Bank measures indirect GHG emissions for its internal operations based on site-specific data for facilities. Estimates are made emissions for those facilities with missing data. In fiscal year 2017, Scope 2 emissions from the Bank’s global offices continued to decrease, to 45,139 mtCO2e. Scope 2 emissions (mtCO2e) FY 17 FY16 FY15 Base year FY10 World Bank total 45,139 46,050 49,401 60,212 US 29,151 32,725 36,269 46,756 ENVIRONMENTAL DISCLOSURES • Emissions Country offices 15,988 13,325 13,132 13,456 305-2b: Gases included in the calculation; whether CO², CH4, N2O, HFCs, PFCs, SF6, NF3, or all. Gases included in the calculation are CO2, CH4, N2O, and HFCs. There are no known emissions of PFCs, SF6 or NF3, as detailed in the World Bank Group’s Inventory Management Plan 305-2d: Base year for the calculation, if applicable, including: i. the rationale for choosing it; ii. emissions in the base year; iii. the context for any significant changes in emissions that triggered recalculations of base year emissions. Base-year (fiscal year 2010) Scope 2 emissions were 60,212 tCO2e. Fiscal year 2010 was chosen as the base year because it was the first year that confidence for data related to emissions from country offices was high. 305-2e-g: Standards, methodologies, assumptions, and/or calculation tools used. Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the Inventory Management Plan for fiscal year 2017. For more information, see http://www.worldbank.org/corporateresponsibility. 47 305-3 Other indirect 305-3a: Gross other indirect (Scope 3) GHG emissions in metric tons of CO2 equivalent. (Scope 3) GHG The World Bank measures indirect GHG emissions from air travel by Bank employees, as well as delegate air travel, and other indirect emissions emissions associated with major meetings that the Bank organizes. In fiscal year 2012, the Bank began measuring GHG emissions from contractor-owned vehicles. In fiscal year 2017, these emissions totaled approximately 95,216 mtCO2e, an increase from fiscal year 2016’s emissions of 90,046 mtCO2e. Base-year emissions in fiscal year 2010 equaled 85,760 mtCO2e. Scope 3 emissions (mtCO2e) FY 17 FY16 FY15 Base year FY10 ENVIRONMENTAL DISCLOSURES • Emissions World Bank total 95,216 90,046 88,525 85,760 305-3b: Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all. Gases included in the calculation are CO2, CH4, N2O, and HFCs. There are no known emissions of PFCs, SF6 or NF3, as detailed in the World Bank Group’s Inventory Management Plan 305-3c: Biogenic CO2 emissions in metric tons of CO2 equivalent. There are no biogenic CO2 emissions. 305-3e: Base year for the calculation. Fiscal year 2010 was chosen as the base year because it was the first year that confidence for data related to emissions from country offices was high. 305-3f-g: Standards, methodologies, assumptions, and/or calculation tools used. Information on methodology, emissions factors, GWP rates, and consolidation approach are in the Inventory Management Plan for fiscal year 2017. For more information, see http://www.worldbank.org/corporateresponsibility. 48 World Bank GRI Index 2018 305-4 GHG emissions 305-4a: GHG emissions intensity ratio for the organization. intensity Overall there was a slight increase in energy use in the Bank’s 137 global locations mainly due to increased reliance on onsite generator fuel in the Bank’s Afghanistan office and increased electricity use in the London and Chennai offices. Emissions scopes FY 17 FY16 FY15 Base year FY10 Scopes 1 and 2 (mtCO2e per square meter) 0.085 0.087 0.096 0.108 Scope 3 (mtCO2e per FTE) 5.65 5.57 5.47 5.70 ENVIRONMENTAL DISCLOSURES • Emissions 305-4b-c: Organization-specific metric (the denominator) chosen to calculate the ratio. 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, which consists of staff and short-term consultants. In prior years’ reporting, FTE did not include consultants, just number of staff. 305-4d: Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all. Gases included in the calculation are CO2, CH4, N2O, and HFCs. There are no known emissions of PFCs, SF6 or NF3, as detailed in the World Bank Group’s Inventory Management Plan Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the Inventory Management Plan for fiscal year 2017. For more information, see http://www.worldbank.org/corporateresponsibility. 49 305-5 Reduction of 305-5a: GHG emissions reduced as a direct result of reduction initiatives, in metric tons of CO2 equivalent. GHG emissions Between Fiscal 2016-2017, efficiency projects at headquarters contributed to emissions reduction of over 2,900 metric tons of CO2e. Projects in the Bank’s offices in Addis Ababa, Beirut, Dhaka, Maputo, Juba, and Nairobi resulted in savings of around 345 mtCO2e. 305-5b: Gases included in the calculation; whether CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, or all. ENVIRONMENTAL DISCLOSURES • Effluents and Waste Gases included in the calculation are CO2, CH4, N2O, and HFCs. There are no known emissions of PFCs, SF6 or NF3, as detailed in the World Bank Group’s Inventory Management Plan Information on methodology, emissions factors, GWP rates, and consolidation approach can be found in the Inventory Management Plan for fiscal 2017. For more information, see http://www.worldbank.org/corporateresponsibility. 305-5c: Base year or baseline, including the rationale for choosing it. Reduction reporting is based on major initiatives taken in fiscal year 2017 as related to achieving reductions from the fiscal year 2010 base year. Fiscal year 2010 was chosen as the base year because it was the first year that confidence for data related to emissions from country offices was high. 305-5d: Scopes in which reductions took place; whether direct (Scope 1), energy indirect (Scope 2), and/or other indirect (Scope 3). Most reductions took place in electricity use (scope 2). 305-5e: Standards, methodologies, assumptions, and/or calculation tools used. Methodologies and assumptions for calculating reductions are based on initiative proposals for each reduction project. GRI 306: EFFLUENTS AND WASTE 103-1a: An explanation of why the topic(s) is/are material - 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 and through incineration. World Bank stakeholders have also raised waste management as an important corporate impact. 103-1b: The Boundary for the material topic(s) - This topic applies to the World Bank’s corporate impact boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - This response does not cover activities of the other three agencies of the World Bank Group: The International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID). Some references to the World Bank Group have been made in this report as appropriate. 103-2a: An explanation of how the organization manages the topic(s) - 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 the Bank 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 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 year 2018, the Bank continued to pursue efficiencies in the standardization of waste management in its headquarters facilities. 50 World Bank GRI Index 2018 306-2 Waste by type 306-2a: Total weight of hazardous waste, with a breakdown by the different disposal methods where applicable. and disposal method Total hazardous waste for fiscal year 2018 was 542 pounds. All hazardous waste was generated by the medical clinic on site at World Bank headquarters and disposed appropriately by a third party. 306-2b: Total weight of non-hazardous waste, with a breakdown by the different disposal methods where applicable. ENVIRONMENTAL DISCLOSURES • Effluents and Waste Typical waste items from World Bank facilities include paper, bottles, cans, cardboard, food waste, toner cartridges, carpet tiles, and electronics. Total nonhazardous waste produced by the Bank’s Washington, DC offices in fiscal year 2018 was 2,134 metric tons, compared to 1,871 metric tons in fiscal year 2017. The increase is partially due to better data collection. 306-2c: How the waste disposal method has been determined. The information is provided by the waste-disposal contractor that manages landfill, recyclables, and compostable waste categories; the electronic-waste recycler, subcontracted through the computer electronics provider, provides information on the number of computers and other IT assets recycled yearly. 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 trash cans are not yet available. Waste streams (metric tons) FY18 FY17 FY16 Waste diverted from landfill (%) 57 58 54 Total nonhazardous waste in Washington, DC (metric tons) 2,134 1,871 1,700 Landfill 921 794 786 Recycling* 828 711 672 Compost 381 365 242 Food donation** 4 1 - * Includes paper, bottles and cans, cardboard, toner cartridges, carpet tiles, and electronics. ** Food donations tracking began in fiscal year 2017. 51 SOCIAL DISCLOSURES GRI 401, 403, & 405: EMPLOYMENT, OCCUPATIONAL HEALTH & SAFETY, AND EQUAL OPPORTUNITY 103-1a: An explanation of why the topic(s) is/are material - As a knowledge organization, the World Bank’s success depends on the contributions of its staff. World Bank staff members come from over 170 countries—their diversity and global reach stands out among international financial institutions and other development organizations. Bank staff include economists, educators, environmental scientists, financial analysts, foresters, agronomists, engineers, information technology specialists, social scientists, and so on, and they offer clients a unique combination of global expertise and local knowledge. To capitalize on these comparative advantages requires an understanding of where the business is headed, and the skills mix required, coupled with the ability to identify, grow, and deploy talent in a proactive and deliberate way, as envisioned under the fiscal year 2017-19 People Strategy (see: https://www.slideshare.net/ SergioMartnezlvarez/wbg-people-strategy). Stakeholders, including potential employees, shareholders (the Boards), as well as Sustainable & Impact investors, recognize that the way the Bank manages staff, its most valuable resource, is highly relevant to its business impact. SOCIAL DISCLOSURES 103-1b: The Boundary for the material topic(s) - This topic is material within the Bank’s corporate boundary. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - Human Resources policies apply across the World Bank Group agencies. However, staff numbers provided in this GRI Index pertain to IBRD and IDA staff only. 103-2a: An explanation of how the organization manages the topic(s) - The fiscal year 2017-19 People Strategy establishes people management as a shared accountability between executive leadership, the Human Resources Vice Presidency (HR), managers, and staff. It sets out a three-year roadmap of HR programs and priorities focused on achieving the business objectives outlined in the Forward Look (see: http://pubdocs.worldbank.org/ en/545241485963738230/DC2016-0008.pdf). The Bank’s Human Resources Vice Presidency provides leading-edge products and services in line with the strategy in order to ensure that the Bank has the right people, in the right place, at the right time to offer the best development solutions to its clients. Staffing levels and skills profiles are set by World Bank Group operations and the Board of Directors through an annual workforce planning exercise. To meet its staffing needs, the Bank primarily builds its talent from within, through robust performance, talent, and career management processes, coupled with leading-edge learning and development programs. Selective external recruitments add critical technical expertise and enhance the Bank’s diversity profile. To ensure that the right talent can be deployed where it is needed most, the Bank offers a range of global mobility benefits designed to minimize the impact of moves on staff and their families by allowing seamless acclimation to a new location, prioritizing the safety of staff and their families, and enabling staff to maintain connections to their home country. Staff who serve in situations of fragility, violence, and conflict (FCV), including nonfamily locations, are eligible for additional benefits, including more targeted career support, reflecting the growing importance of FCV to the Bank’s operations. 103-2b: A statement of the purpose of the management approach for each topic - To deliver on its mission, the World Bank strives to be the best place to work in development by offering an Employment Value Proposition (EVP) that attracts, motivates, and retains world-class diverse talent with the critical skills, experiences, mindsets, and behaviors needed to effectively respond to complex and constantly evolving client needs. 52 World Bank GRI Index 2018 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives. Supporting a positive and respectful work environment not only assists the World Bank in attracting and retaining the world’s top talent, it allows the workforce to be more productive. Policy Framework: The World Bank’s employment policies are articulated in its Staff Manual, which is established by the institution and periodically reviewed and revised to ensure relevance and suitability for both staff and the business. The Manual includes the principles of staff employment and general obligations of the Bank and staff, as well as policies governing core human resource processes. Policies are supported by procedures that outline the approach to implementation. Values: The World Bank recognizes the importance of a positive organizational culture in attracting, retaining, and motivating staff to contribute their best in pursuit of the mission. Organizational culture is built on the foundation of a shared set of values, and in fiscal year 2018, the Bank refreshed its values statement to reflect the behaviors agreed upon by staff and management to be most critical in driving the organization’s performance and fostering a healthy work environment. The revised core values—impact, integrity, respect, teamwork, and innovation—will be brought to life by embedding them into core HR processes, from recruitment to performance and talent management. SOCIAL DISCLOSURES Health & Safety: Promoting the health, safety, and wellbeing of staff is one of the focus areas of the fiscal year 2017-19 People Strategy. In this area, key highlights include: (1) developing a phased, five-year strategy to enhance the culture of health; (2) improving pre-deployment health and resiliency briefings for relocating staff; and (3) enhancing outreach and remote capacity for staff in non-US offices, particularly in FCV, improving occupational health and safety, and so on. Diversity: The World Bank measures the effectiveness of its efforts 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—roughly equivalent to developed and developing countries, respectively), 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 responses on the annual engagement survey, which includes a set of questions comprising the Inclusion Index. The World Bank Compact, which is signed by the President and his senior team, is cascaded through all vice-presidential units. Addressing staff concerns: Due to its immunities from most national courts, the Bank provides staff a comprehensive staff manual detailing employment policy and a robust Internal Justice Services (IJS) to address and resolve workplace issues. The IJS is a set of independent, yet interconnected, internal workplace dispute settlement mechanisms made available to all current and former Bank staff. The IJS ensures that staff, irrespective of their location, grade level, nationality, or gender, have a wide range of both informal and formal mechanisms to choose from to resolve workplace concerns in a fair, impartial, and transparent manner. These services encourage collaboration among staff, provide space for the effective management of conflict, and increase the Bank’s capacity to build and retain a globally representative workforce. 103-3a: An explanation of how the organization evaluates the management approach(s) - The Bank’s Human Resources Vice Presidency monitors and reports on implementation of the People Strategy through regular engagements with the Board and senior management. A People Strategy Scorecard tracks progress against a set of Key Performance Indicators that align with the priorities of the three-year strategy, and the Corporate Scorecard (http://scorecard. worldbank.org/) includes several talent management indicators. Regular staff engagement surveys provide crucial input on the mood of the organization and issues for management to tackle. Periodic internal audits of key HR processes identify areas for improvement and result in follow-up action plans that address highlighted findings. 53 401-1 New employee 401-1a: Total number and rate of new employee hires during the reporting period, by age group, gender and region. hires and employee In fiscal year 2018, 946 full-time staff were hired, as compared to 1,249 in fiscal year 2017. The rate of new employee hires equaled 8 turnover percent. Of those hired, 47 percent were hired in non-US offices, and 52 percent were female. Staff hired FY18 FY17 FY16 Number % of total Number % of total Number % of total United States 501 53% 634 51% 795 56% Female 264 53% 333 27% 425 30% Male 237 47% 301 24% 370 26% SOCIAL DISCLOSURES • Employment Non-US offices 445 47% 615 49% 623 44% Female 226 51% 320 26% 319 22% Male 219 49% 295 24% 304 21% Total hires 946 1,249 1,418 Of which Female 490 52% 653 52% 744 52% Of which Male 456 48% 596 48% 674 48% 401-1b: Total number and rate of employee turnover during the reporting period, by age group, gender and region. In fiscal year 2018, 622 staff left the Bank—a turnover rate of 5.2 percent (of which 2.3 percent was voluntary). In fiscal year 2017, 754 staff left the Bank—a turnover rate of 6.5 percent. In fiscal year 2018, 36 percent of employees who left the Bank were located in non-US offices, and 47 percent were female. Staff terminated FY18 FY17 FY16 Number % of total Number % of total Number % of total United States 398 64% 515 68% 1,293 67% Female 189 47% 263 51% 702 54% Male 209 53% 252 49% 591 46% Non-US offices 224 36% 239 32% 627 33% Female 101 45% 115 48% 331 53% Male 123 55% 124 52% 296 47% Total terminations 622 754 1,920 Of which Female 290 47% 378 50% 1,033 54% Of which Male 332 53% 376 50% 887 46% 54 World Bank GRI Index 2018 403-1 Occupational Responsibility for Occupational Health and Safety is shared by all World Bank Staff, including senior management, managers, and health and safety supervisors, as well as contractors and visitors as seen in the Staff Manual. The World Bank recognizes the importance of and strives management system to ensure a safe and secure work environment for staff. Thus, internationally recognized occupational health and safety standards such as ISO 45001 have been adopted. 403-2 Hazard 403-2a: A description of the processes used to identify work-related hazards and assess risks on a routine and non- identification, routine basis, and to apply the hierarchy of controls in order to eliminate hazards and minimize risks. risk assessment, and incident The World Bank has developed a schema to identify hazards and risks. This schema is covered under the online learning course available investigation to all staff and defines the hazard identification and risk mitigation process. To ensure the quality of these processes, the World Bank adheres to a Plan, Do, Check, Act (PDCA) cycle to constantly reevaluate the occupational health and safety processes. The PDCA cycle is part of the overall development and implementation of the occupational health and safety management system. SOCIAL DISCLOSURES • OH&S 403-2b: A description of the processes for workers to report work-related hazards and hazardous situations, and an explanation of how workers are protected against reprisals. Staff policies and procedures, as defined in the staff manual, clearly identify ways in which workers can report work-related hazards and hazardous situations, including reporting directly to the Health Services Department (HSD), emailing the World Bank help desk, and reporting to management. In addition, a formal software for the reporting of any work-related hazards and hazardous situations is being developed. Workers are protected against reprisals by World Bank Internal Justice Services (IJS), which endeavors to support staff to preserve fairness in the workplace. 403-2c: A description of the policies and processes for workers to remove themselves from work situations that they believe could cause injury or ill health, and an explanation of how workers are protected against reprisals. All World Bank staff are empowered and have the responsibility to identify and report any unsafe workplace acts or situations to management. World Bank staff are protected against reprisals through World Bank IJS. 403-3 Occupational 403-3a. A description of the occupational health services’ functions that contribute to the identification and health services elimination of hazards and minimization of risks, and an explanation of how the organization ensures the quality of these services and facilitates workers’ access to them. The World Bank Group Health Services Department provides a comprehensive suite of Occupational Health & Safety and personal health risk management services. Services are provided through the following functional units: • Occupational Health and Safety (addressing the health/safety/workplace interface); • Travel Health and Wellness (addressing health risks of travel and relocation, and managing an outsourced full service on-site Primary Health Care Centre for staff, dependents, and retirees, run according to a Patient Centered Medical Home Model. The World Bank Group also offers an outsourced Health and Wellness program which allows staff to identify and manage their health risks, obtain health and wellness coaching, and have clinical nurse manager support for living with chronic medical conditions; • Field Health Services (supporting staff to access healthcare across the globe, for both routine and emergency healthcare needs); • Counseling Unit (addressing psychosocial support needs). 55 403-3 Occupational The World Bank prides itself on recruiting and retaining the highest quality staff across all departments. The Health Services staff include health services medical doctors, Health and Safety professionals, clinical psychologists, and nurses. As an international organization recruiting from (continued) across the globe, the World Bank Group requires its professional staff to have appropriate professional qualifications from recognized academic institutions. Staff with clinical functions are required to have active professional registration in the countries where they are performing their clinical duties. The World Bank Group also provides financial support to its professional staff for participation in Continuing Professional Education programs and maintenance of professional accreditation. The Health Services Department team is supported by the Facilities team, Corporate Security, and Fire and Safety teams. The World Bank Occupational Health and Safety Committee, which reports to Management, is tasked with developing, implementing, and overseeing an occupational health and safety management system that applies to Bank employees worldwide. The occupational health and safety management system being implemented by the Committee is based on ISO 45001 (Occupational Health and Safety Management Systems). SOCIAL DISCLOSURES • OH&S All staff have access to the Health Services Department and its services. Strict medical confidentiality is maintained in all dealings with staff, ensuring protection of their medical records and personal health related information. A specific Staff Rule has been published to ensure and guide the protection of confidential information: Staff Rule 2.02—Confidentiality of Medical Information and Medical Records. In addition, in May 2018 the World Bank Group’s Boards adopted a Personal Data Privacy Policy applicable to all personal data processed by the Bank and aligning to internationally accepted standards. 56 World Bank GRI Index 2018 403-4 Worker 403-4a: A description of the processes for worker participation and consultation in the development, participation, implementation, and evaluation of the occupational health and safety management system, and for providing access consultation, and to and communicating relevant information on occupational health and safety to workers. communication on occupational health The World Bank’s Occupational Health Services Committee (OHSC) meets quarterly to address health and safety issues related to staff. and safety The group is chaired by Human Resources Vice President, and includes occupational health specialists, environmental consultants, and senior management representatives from headquarters and offices outside the United States, Health Services and other parts of HR, Facilities Management, Security, Fire and Safety, Legal, Procurement, Corporate Responsibility, the Staff Association, Budget, and additional specialists and members as required. To address staff’s concerns, the committee forms multidisciplinary ad hoc working groups, such as a working group for air pollution, which developed guidelines for staff and managers in country offices where air quality is a recognized health hazard. To address global health issues, the committee collaborates with the United Nations and other international organizations. The committee has also approved several occupational, health and safety (OHS), initiatives such as the SOCIAL DISCLOSURES • OH&S Automated External Defibrillator program and Staff Road Safety. 403-4b: Where formal joint management–worker health and safety committees exist, a description of their responsibilities, meeting frequency, decision-making authority, and whether and, if so, why any workers are not represented by these committees. The OHSC is a committee on occupational health and safety matters with review and advisory functions, including, without limitation, such functions as: • Developing an organizational strategy for the World Bank Group on implementing an OHS management system; • Providing advice to units implementing OHS strategies and programs; • Developing internal OHS standards; • Monitoring and evaluating the implementation and impact of the OHS management system and making recommendations for change; • Developing training programs on risk management, accident and disease prevention, and related educational activities for staff; • Proposing ways to incorporate lessons learned from any health and safety incidents; • Coordinating outreach to staff on occupational health and safety issues, questions, and suggestions; and • Overseeing the compiling of data on work-related injuries, incidents, and hazards into an annual report. The Committee meets on a quarterly basis. 57 403-5 Worker HSD has developed and implemented two online learning courses for staff. Participants in the courses gain an understanding of: training on • The Integrated Health and Safety Management system, which considers the health and safety risks posed by personal health, the occupational health and safety general environment within which staff work and live, and staff’s immediate physical work environment; • The governance structure of the World Bank Group’s Health and Safety Management system; • How workplace health and safety is a shared responsibility and what the Bank Group’s role is in upholding a healthy and safe work environment; and • How to undertake a risk assessment and management approach for health, safety, and wellbeing. In addition, there is an online learning course required for all staff on assignment in a fragile, conflict-affected, or violent area titled, “What to know before you go: protecting your health and wellbeing during travel and relocation.” 403-6 Promotion of 403-6a: An explanation of how the organization facilitates workers’ access to non-occupational medical and SOCIAL DISCLOSURES • OH&S worker health healthcare services, and the scope of access provided. The World Bank has introduced a Patient Centered Medical Home model that provides primary care services on-site within the World Bank headquarters. Instead of seeking outside care, staff and their dependents can elect to visit the expanded in-house clinic and receive care delivered by the MedStar Medical Group. The key features of this model include: • Care for whole families, with a focus on maintaining health and disease prevention; • Patient-centered focus; • Team-based service approach; • Easy access to providers via an electronic portal; • Broader spectrum of clinical services, incorporating the urgent care formerly provided by the HSD Clinic; and • Medical home base with access to a network of specialty care. 403-6b: A description of any voluntary health promotion services and programs offered to workers to address major non-work-related health risks, including the specific health risks addressed, and how the organization facilitates workers’ access to these services and programs. The Health and Wellness program is composed of additional health support services provided to staff, dependents, and retirees in partnership with U.S. Preventive Medicine and the Cleveland Clinic. The program includes a health and wellness assessment, a personal preventive plan, the setting of individual health goals, and personalized support through a health coach or advisor who is available via email or telephone. 58 World Bank GRI Index 2018 403-7 Prevention The Environmental and Social Framework (ESF) will enable the World Bank and borrowers to better manage environmental and social and mitigation risks of projects and to improve development outcomes. The ESF offers broad and systematic coverage of environmental and social risks of occupational linked to Bank-supported projects. It makes important advances in areas such as transparency, non-discrimination, public participation, health and safety and accountability—including expanded roles for grievance mechanisms. impacts directly linked by business Environmental and Social Standards (ESS) 2 and 4 address negative health and safety impacts that are directly linked to operations. SOCIAL DISCLOSURES • Diversity & Equal Opportunity relationships ESS2: Labor and Working Conditions recognizes the importance of employment creation and income generation in the pursuit of poverty reduction and inclusive economic growth. Borrowers can promote sound worker-management relationships and enhance the development benefits of a project by treating workers on the project fairly and providing safe and healthy working conditions. ESS4: Community Health and Safety addresses the health, safety, and security risks and impacts on project-affected communities and the corresponding responsibility of borrowers to avoid or minimize such risks and impacts, with particular attention to people who, because of their particular circumstances, may be vulnerable. 403-9 Work-related The World Bank is transitioning to a new vendor that will provide work-related injury and illness data in the future. No data are injuries available to report for fiscal year 2018. 403-10 Work-related illnesses 405-1 Diversity of 405-1a : Percentage of individuals within the organization’s governance bodies by: i. Gender; ii. Age group: under 30 governance bodies years old, 30-50 years old, over 50 years old; iii. Other indicators of diversity and employees On the World Bank Boards of Governors and Board of Executive Directors, representatives are determined by member countries. Of the 25 Executive Director Board members, five were women in fiscal 2018. For more information about the Boards, see http://worldbank.org/about. 405-1b : Percentage of employees per employee category by: i. Gender; ii. Age group: under 30 years old, 30-50 years old, over 50 years old; iii. Other indicators of diversity 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, whereas Sub-Saharan African and Caribbean nationalities have served as the collective proxy for race, specifically for black staff. 2018 2017 2016 Full-time staff Number % of total Number % of total Number % of total Age Under 30 521 4% 597 5% 577 5% 30-50 7,660 63% 7,546 63% 7,230 63% 50+ 4,035 33% 3,754 32% 3,614 32% Total 12,216 11,897 11,421 59 405-1 Diversity of The World Bank measures the effectiveness of its efforts through Diversity and Inclusion Compacts, which establish both diversity and governance bodies inclusion targets and identify specific actions to achieve the targets. The diversity targets include parity in management by gender and and employees country part (Part I versus Part II—roughly equivalent to developed and developing countries, respectively), as well as by gender among (continued) 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 responses on the annual engagement survey, which includes a set of questions comprising the Inclusion Index. SOCIAL DISCLOSURES • Diversity & Equal Opportunity The World Bank Compact, which is signed by the President and his senior team, is cascaded through all Bank 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. In fiscal year 2018, nationals of Part II countries accounted for 43 percent of staff in management positions. Women accounted for 41 percent of staff in management positions, and 45 percent of full-time staff at professional grades (grade GF+) in technical positions. SSA and CR nationals represent 13 percent of full-time staff at professional grades (grade GF+). Diversity Indicators FY18 FY 17 FY 16 Targets Part II Managers 43.1% 43.3% 43.5% 50% Female Managers 41.5% 39.0% 37.5% 50% Female GF+ Technical 44.5% 44.2% 43.9% 50% SSA/CR GF+ 13.3% 12.9% 12.2% 12.5% 60 World Bank GRI Index 2018 405-2 Ratio of To recruit and retain highly qualified staff, the World Bank has developed a compensation and benefits system designed to be basic salary and internationally competitive, reward performance, and consider the special needs of a multinational and largely expatriate staff. The remuneration of Executive Directors annually review the staff salary structure and, if warranted, the salary structure is adjusted based on a Board- women to men approved methodology that entails comparison with salaries paid by private financial and industrial firms and by representative public-sector agencies in the U.S. market. The salary structure is reported for job positions for Washington, DC staff, which comprises almost 60 percent of total staff. For staff in offices outside the United States, compensation programs are developed based on local SOCIAL DISCLOSURES • Diversity & Equal Opportunity 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 in Washington, DC. Globally, World Bank salary structures do not differentiate by gender. Remuneration of executive management, Executive Directors, and staff are disclosed with the World Bank Annual Report. For more information, see www.worldbank.org/en/about/annual-report. In fiscal year 2017, the World Bank Group Development Research Group, in collaboration with the Gender Cross Cutting Solution Area and Human Resources, completed a landmark study: “Compensation, Diversity and Inclusion at the World Bank Group.” This study leveraged 25+ years of HR data to explore the issue of pay parity among World Bank Group populations, including by gender. Key results included the observation that the World Bank Group has an aggregate salary gap between genders, but that the gap has decreased significantly over the 25+ years of the analysis. The aggregate salary gap is mainly caused by the gender composition of different grades at entry. In fiscal year 2018, follow-up actions were put in place, including the biannual production of a report that HR and managers use to address compensation outliers and more closely monitor salary parity upon entry to the institution. Additionally, the World Bank Group examined a standard indicator to monitor pay parity by gender and grade level and aims to include this in future reports. 61 GRI 404: TRAINING AND EDUCATION 103-1a: An explanation of why the topic(s) is/are material - The World Bank invests in staff learning as a strategic tool for the organization. Staff take courses to remain cutting edge as they carry out the World Bank’s mission. Stakeholders, including employees, shareholders (the Boards), as well as Sustainable & Impact investors, recognize learning and knowledge sharing as highly relevant to the Bank’s business impact. 103-1b: The Boundary for the material topic(s) - This topic is material to both the Bank’s corporate and operational boundaries since the Open Learning SOCIAL DISCLOSURES • Training and Education Campus provides solutions for both staff and partners globally. 103-1c: Any specific limitation regarding the Boundary of the topic(s) - Human Resources policies apply across the World Bank Group agencies. However, numbers provided in this report pertain to IBRD and IDA staff only. 103-2a: An explanation of how the organization manages the topic(s) - The Open Learning Campus (OLC) is a single destination to accelerate development solutions through learning for World Bank Group staff, clients, and global partners. The OLC offers a broad range of learning resources via Talks, Academy, and Connect. It currently houses over 11,200 courses and continues to expand. As of June 30, 2018, 93 percent of staff had attended at least one learning session. The OLC was launched by President Jim Yong Kim in January 2016 with a dual mandate to provide a platform for (1) continuous learning for staff to remain cutting edge; and (2) staff and clients to learn together and co-create solutions to complex development challenges. The Open Learning Campus team, housed within the Knowledge Management unit of the Development Economics Vice Presidency, acts as an enabler and accelerator for learning across the World Bank Group, including IBRD, IDA, IFC, and MIGA. The team serves as a central pedagogical resource and learning ecosystem for seven key learning programs: Operations, Leadership, Business Skills, IT skills, Technical, Corporate, and Mandatory. Like many development organizations, the Bank uses learning as a strategic tool to help staff and clients accelerate impact and deliver results, and it is actively working to build a culture of learning across the organization. The OLC is already providing tremendous opportunities for staff and client learning on key development topics and enabling practitioners to learn from each other’s successes and failures, as well as from the vast tacit knowledge that organizations like the Bank generate through operations. 103-2b: A statement of the purpose of the management approach for each topic - The purpose of the management approach is to enhance World Bank Group-wide technical skills and knowledge, strengthen problem-solving skills, and foster innovation to attain the Bank Group’s goals efficiently and creatively. 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - The World Bank is dedicated to building a world-class learning organization where learning, performance, and career development go hand in hand. While the onus is on staff to be proactive in their learning, managers are accountable for supporting the learning of their staff. Through the World Bank’s performance evaluation process and career conversations, staff and managers work together on staff development objectives and career goals. Strategically selecting appropriate learning activities is a key part of this process. Staff can choose from a wide range of internal learning activities available through the Open Learning Campus (OLC) or from external learning providers. All formal learning opportunities (and some on-the-job learning) can be explored through the World Bank’s catalog of learning on the OLC. Here staff enroll for courses, track progress, and get credit and certifications for their work. The OLC is the first stop for staff looking for learning that enhances skills for their current role or help meeting longer-term career goals. 62 World Bank GRI Index 2018 Funding for formal Staff Learning is provided in the overall resource envelope of every Bank Vice Presidential Unit and may be reallocated down to the Global Practice, departmental, or other level. Each year, the minimum amount to be set aside for Staff Learning per Vice Presidential Unit is communicated through the indicative expenditure directions, upon recommendation of the Learning Steering Group. The minimum amount is calculated based on two components: a minimum of five days on average that staff are expected to dedicate to formal Staff Learning, and an amount of variable budget available to support staff on activities calculated on a headcount basis. Every Vice Presidential Unit has the autonomy to allocate additional resources to Staff Learning above the required minimum. Within the resource envelope, Vice Presidential Units may decide to develop rules for expenditures for external learning. In some cases, demand for external learning may be more so than in other units SOCIAL DISCLOSURES • Training and Education due to the nature of the unit’s business, that is, professional certifications to maintain existing qualifications required by a respective profession. 103-3a: An explanation of how the organization evaluates the management approach(s). All learning in the OLC is evaluated for scale and impact. On the staff side, the World Bank evaluates all classes entered in OLC that are equal to or greater than one day. All classes that are less than a day can be selected by course catalog builders for evaluation as needed. On the client side, the Bank evaluates all learning programs, and regularly informs senior management, including through three-year trend analyses, to guide programs, implement course corrections, and create learning innovations. For more information about OLC, see www.olc.worldbank.org. 404-1 Average hours In fiscal year 2018, the World Bank delivered 1,548 courses and 61,824 days of learning. Fifty-four percent of the training days were of training per year delivered either in offices outside the US or via location-neutral formats such as e-learning and webinars. per employee by: i. gender; ii. employee Ninety-three percent of the salaried workforce attended at least one learning event in fiscal year 2018, not including the corporate category. mandatory programs: 91 percent based in non-US locations and 94 percent at headquarters, in Washington, DC. In fiscal year 2018, staff attended the equivalent of 50,668 days of training, averaging 4.1 days per staff member, with 3.9 in days taken by staff based in offices outside the US and 4.3 days taken by Washington, DC-based staff. In fiscal year 2018, investment in staff learning increased by 6 percent over fiscal year 2017 and by 13 percent from fiscal year 2016 levels. In addition, the World Bank invested $73.9 million in staff learning, of which 36 percent was spent on developing and delivering learning activities, and 64 percent was spent to cover direct and indirect expenses for staff members to participate in learning (given internally and/or from external providers), including staff time and other costs. 63 404-1 Average hours All Staff 2018 2017 2016 of training per year Days Hours Days Hours Days Hours per employee by: i. gender; ii. employee Average training 4.1 33.2 3.9 31.2 3.4 26.9 category. Of which Female 4 32.3 4 31.9 3.4 27.6 (continued) Of which Male 4.3 34.1 3.8 30.5 3.3 26.2 Breakdown by Days Hours Days Hours Days Hours SOCIAL DISCLOSURES • Training and Education Support Staff average 3.1 24.7 2.5 20 2.4 19.2 Of which Female 3 23.9 3 24 2.8 22.4 Of which Male 3.2 25.4 1.5 12 1.6 12.8 Analyst Grade average 3.8 30.3 3.1 24.8 3.1 24.8 Of which Female 3.8 30.6 3.4 27.2 3.1 24.8 Of which Male 3.8 30.1 2.8 22.4 3.1 24.8 Specialist Grade average 4.8 38.3 4.8 38.4 4 32 Of which Female 4.6 36.6 4.9 39.2 4 32 Of which Male 5 40.0 4.7 37.6 3.9 31.2 Lead Grade average 3.6 28.8 3.6 28.8 2.9 23.2 Of which Female 3.7 30 3.7 29.6 3.2 25.6 Of which Male 3.4 27 3.5 28 2.7 21.6 Consultants average Not available Not available 2.3 18.4 Of which Female 3 24 Of which Male 1.5 12 Special Assignments (JPO, JPA, 6.4 51 4.6 36.8 4.7 37.6 SPAS) average Of which Female 6.2 49.5 5.2 41.6 5.1 40.8 Of which Male 6.5 52.1 4.3 34.4 4.4 35.2 64 World Bank GRI Index 2018 404-3 Percentage At least twice in a 12-month period, the performance of World Bank staff (excluding short-term appointees) is formally reviewed of employees by their manager or designated supervisor. The evaluation is based on objectives agreed upon with the staff’s manager at the start receiving regular of the fiscal year, aligned with the overall goals of the Vice-Presidential Unit, and assesses achievements against those objectives, performance and strengths, and areas for improvement, as well as future development needs. The World Bank encourages ongoing feedback about the career development staff member’s work program; this takes place throughout the performance year and includes a formal mid-year check-in. The annual reviews conversation also touches on plans for the upcoming performance cycle and training needs. The Performance Management Process is outlined in the Staff Manual 5.03. SOCIAL DISCLOSURES • Training and Education In fiscal year 2018, 96 percent of Bank staff completed fiscal year 2017 end-year evaluations, 74 percent of staff completed fiscal year 2018 objectives, and 96 percent of staff completed fiscal year 2018 midyear evaluations on time. During the fiscal year 2017 year-end evaluations, 96 percent of women and 95 percent of men completed the regular performance evaluation process. During the 2018 mid- year review, 89 percent of staff indicated they had a performance conversation with their supervisor; this included 89 percent of women and 89 percent of men. In addition to the regular performance evaluations, an annual development-focused talent review is undertaken by management to give the organization a better understanding of the skills and aptitudes of staff, and, importantly, to identify next steps for the staff’s professional development, including targeted learning programs, stretch assignments, or rotations to other business units, as well as readiness to take on greater responsibilities. 65 GRI 406: NON-DISCRIMINATION 103-1a: An explanation of why the topic is material - The World Bank Group core values are impact, integrity, respect, teamwork, and innovation. World Bank Group staff are strongly encouraged to work together in teams with openness and trust; empowering others and respecting differences; encouraging risk- taking and responsibility; and enjoying both work and family, as detailed in the Code of Conduct. Stakeholders, who include prospective employees, shareholders (the Boards), as well as Sustainable & Impact investors, recognize that the way the Bank manages discrimination, ethical behavior, and adherence to corporate core values is highly relevant to its business impact. 103-1b: The Boundary for the material topic(s) - This topic is material within the Bank’s corporate boundary. SOCIAL DISCLOSURES • Non-Discrimination 103-2a: An explanation of how the organization manages the topic(s) - 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 separate Code of Conduct for Board officials. Business partners are informed of ethics expectations through a separate document. 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. 103-2b: A statement of the purpose of the management approach for each topic - The character of the diverse workforce of the World Bank Group—of integrity, ethical behavior, and adherence to corporate values—is core to the success of the Bank Group’s goals to end extreme poverty and boost shared prosperity. 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - Due to its immunities from most national courts, the Bank provides staff comprehensive grievance mechanisms to address and resolve workplace issues through informal and formal services. These services encourage collaboration among staff, provide space for the effective management of conflict, and increase the Bank’s capacity to build and retain a globally representative workforce. Various offices within the Internal Justice Services (IJS) provide evaluations to staff who retain its services. These offices include Mediation Services (MEF), Peer Review Services (PRS), and the Ethics and Business Conduct (EBC) Department. In fiscal year 2018, the evaluations and the input of stakeholders was examined as part of a formal Metrics Review. The recommendations have been reviewed, and an implementation plan is being developed. In addition to the Metrics Review, the IJS disseminated its first integrated IJS Annual Report in March 2018. 406-1 Incidents of In fiscal year 2018, EBC reviewed seven allegations of discrimination. These included alleged instances of discrimination based on race, discrimination and nationality, religion/creed, and gender. None of these allegations resulted in a report of investigation or finding of misconduct, on par corrective actions with 2017. taken EBC recognizes that discrimination can be hard to prove because of its nature, which is often covert and subtle, and because of the “clear and convincing” standard of proof required of this and other serious allegations of misconduct, pursuant to the World Bank Group’s Administrative Tribunal jurisprudence. EBC, therefore, is reviewing the process by which the Bank Group addresses alleged discrimination to make it easier for staff members to successfully bring forward a claim of alleged discrimination, increase the effectiveness of EBC reviews, and provide more support to potential victims. 66 World Bank GRI Index 2018 GRI 408: CHILD LABOR 103-1a: An explanation of why the topic(s) is/are material - The World Bank recognizes that child labor is one of the most devastating consequences of persistent poverty. Hazardous conditions faced by children in the workplace can seriously jeopardize their immediate health and safety, as well as their health status later in life. This is particularly the case for children in hazardous work. Child labor is also associated with greater difficulties in entering and remaining in school and learning effectively in the classroom. The educational and developmental toll associated with child labor, in turn, makes it much less likely that children are able to successfully transition to gainful employment upon entering adulthood. Stakeholders, who include potential employees, shareholders (the Boards), as well as Sustainable and Impact investors, recognize this topic to be relevant to the Bank’s business impact. 103-1b: The Boundary for the material topic(s) - This topic is material in the World Bank’s operational boundary. The operational boundary is the project area SOCIAL DISCLOSURES • Child Labor of influence of a Bank-financed project. The project area of influence is the area likely to be affected by the project, including all its ancillary aspects, such as power transmission corridors, pipelines, canals, tunnels, relocation and access roads, borrow and disposal areas, and construction camps, as well as unplanned developments introduced by the project (e.g., spontaneous settlement, logging, or shifting agriculture along access roads). The area of influence may include, for example, (a) the watershed within which the project is located; (b) any affected estuary and coastal zone; (c) off-site areas required for resettlement or compensatory tracts; (d) the airshed (e.g., where airborne pollution such as smoke or dust may enter or leave the area of influence; (e) migratory routes of humans, wildlife, or fish, particularly where they relate to public health, economic activities, or environmental conservation; and (f) areas used for livelihood activities (hunting, fishing, grazing, gathering, agriculture, etc.) or religious or ceremonial purposes of a customary nature. 103-2a: An explanation of how the organization manages the topic(s) - The Bank classifies each proposed project into one of four safeguard 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 and social 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. Specific measures are developed and implemented during the project to mitigate the risk. Compliance with these policies forms part of the legal agreements for Bank grants, credits, and loans. 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 working on 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 during the project to mitigate the risk. 67 Under the new Environmental and Social Framework (ESF), which will come into force in October of 2018, the Bank will classify all investment projects into one of four classifications: High Risk, Substantial Risk, Moderate Risk, or Low Risk. In determining the appropriate risk classification, the Bank will take into account relevant issues, such as the type, location, sensitivity, and scale of the project; the nature and magnitude of the potential environmental and social risks and impacts; and the capacity and commitment of the Borrower (including any other entity responsible for the implementation of the project) to manage the environmental and social risks and impacts in a manner consistent with the Environmental and Social Standards. More information on the ESF can be found at: http://worldbank.org/esf. The ESF includes a standard on Labor and Working Conditions (ESS2). The objectives of ESS2 are: • To promote safety and health at work; • To promote the fair treatment and nondiscrimination of, and equal opportunity for project workers; • To protect project workers, including vulnerable workers such as women, persons with disabilities, children (of working age, in accordance with this ESS), and SOCIAL DISCLOSURES • Child Labor migrant workers, contracted workers, community workers, and primary supply workers, as appropriate; • To prevent the use of all forms of forced labor and child labor (emphasis added); • To support the principles of freedom of association and collective bargaining of project workers in a manner consistent with national law; and • To provide project workers with accessible means to raise workplace concerns. The specific ESS2 provision on Child Labor is the following: 1. A child under the minimum age established in accordance with this paragraph will not be employed or engaged in connection with the project. The labor management procedures will specify the minimum age for employment or engagement in connection with the project, which will be the age of 14 unless national law specifies a higher age. 2. A child over the minimum age and under the age of 18 may be employed or engaged in connection with the project only under the following specific conditions: a. the work does not fall under paragraph [3] below; b. an appropriate risk assessment is conducted prior to the work commencing; and c. the borrower conducts regular monitoring of health, working conditions, hours of work, and the other requirements of this ESS. 3. A child over the minimum age and under the age of 18 will not be employed or engaged in connection with the project in a manner that is likely to be hazardous or interfere with the child’s education or be harmful to the child’s health or physical, mental, spiritual, moral, or social development. 103-2b: A statement of the purpose of the management approach for each topic - The purpose of the management approach is to evaluate a project’s potential environmental risks and impacts in its area of influence; examine project alternatives; identify ways of improving project selection, siting, planning, design, and implementation by preventing, minimizing, mitigating, or compensating for adverse environmental and social impacts and enhancing positive impacts; and include the process for mitigating and managing adverse environmental impacts throughout project implementation. 103-2c: A description of the following, if the management approach for each topic includes that component: i. Policies; ii. Commitments; iii. Goals and targets; iv. Responsibilities; v. Resources; vi. Grievance mechanisms; vii. Specific actions, such as processes, projects, programs and initiatives - 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. The World Bank is implementing an intensive preparation and training period to prepare for the transition to the new framework in October 2018. 68 World Bank GRI Index 2018 103-3a: An explanation of how the organization evaluates the management approach(s) - The World Bank’s Independent Evaluation Group (IEG) evaluates the development effectiveness of the World Bank Group. IEG’s work provides evaluative evidence to help the Bank Group deliver better services and results to its clients. IEG does so by generating lessons from past experiences and accountability to shareholders and stakeholders at large. IEG is independent of the management of the World Bank Group and reports directly to the Executive Board. More details can be found at http://ieg.worldbankgroup.org/. The World Bank’s Internal Audit Vice Presidency (IAD) is an independent, objective assurance and consulting activity that helps to improve World Bank Group operations. It assists the institution in accomplishing its objectives by evaluating the effectiveness of World Bank Group governance, risk management, and control processes. Furthermore, IAD advises management in developing control solutions and monitors the implementation of management’s corrective actions. IAD’s work is carried out in accordance with the Institute of Internal Auditors (IIA) International Professional Practices Framework. More details can be found at http://www. worldbank.org/en/about/unit/internal-audit-vice-presidency. The Inspection Panel is an independent complaints mechanism for people and communities who believe that they have been, or are likely to be, adversely affected SOCIAL DISCLOSURES • Child Labor by a World Bank-funded project. The Board of Executive Directors created the Inspection Panel in 1993 to ensure that people have access to an independent body to express their concerns and seek recourse. The Panel is an impartial fact-finding body, independent from the World Bank management and staff, reporting directly to the Board. The Inspection Panel process aims to promote accountability at the World Bank, give affected people a greater voice in activities supported by the World Bank that affect their rights and interests, and foster redress when warranted. More details can be found at: http://ewebapps.worldbank.org/apps/ip/Pages/Home. aspx. 408-1 Operations 408-1a: Operations and suppliers considered to have significant risk for incidents of: i. child labor; ii. young workers and suppliers at exposed to hazardous work. significant risk for incidents of child The Government of Uzbekistan has been criticized by the international community for using child and forced labor during the cotton labor harvest. Currently, the Government of Uzbekistan is progressively reforming the cotton sector in line with its Development Strategy for 2017-21, which calls for deepening structural reforms in the agricultural sector, optimizing cultivated areas, creating the favorable conditions for the development of diversified farms, and deepening agroprocessing and value addition. Third Party Monitoring, conducted by the International Labor Organization since 2015, finds that the systematic use of child labor in Uzbekistan’s cotton harvest has come to an end, and that concrete measures to stop the use of forced labor have been taken. 408-1b: Operations and suppliers considered to have significant risk for incidents of child labor either in terms of: i. type of operation (such as manufacturing plant) and supplier; ii. countries or geographic areas with operations and suppliers considered at risk. The World Bank has been actively supporting the diversification of agricultural production in Uzbekistan beyond cotton and wheat into other high-value crops such as fruit and vegetables, and livestock. This support is clearly defined in the World Bank Group Country Partnership Framework, which was approved in 2016. The World Bank-financed agriculture projects in Uzbekistan focus on improving agricultural productivity, promoting sustainable management of land and water resources, increasing the efficiency of irrigation infrastructure, and enhancing the economy’s competitiveness. This is also supported through analytical and advisory services. 69 408-1 Operations 408-1c: Measures taken by the organization in the reporting period intended to contribute to the effective abolition and suppliers at of child labor. significant risk for incidents of child In fiscal year 2018, the World Bank continued to ensure that at-risk projects, such as those in Uzbekistan, included measures to labor prevent the occurrence of child or forced labor by beneficiaries of Bank-supported projects, and are covered by Third Party Monitoring by the International Labor Organization (ILO). All at-risk projects have legal requirements in their financial agreements related to and (continued) government compliance with national legislation that prohibits the use of child or forced labor; and implementation of a third-party monitoring and a feedback mechanism that focuses on child or forced labor issues in connection with the project activities or within project areas. Third Party Monitoring, which started in 2015 and is conducted by the ILO, continued in 2018. The report, based on more than 3,000 unaccompanied and unannounced interviews with a representative sample of the country’s 2.6 million cotton pickers, finds that the SOCIAL DISCLOSURES • Child Labor systematic use of child labor in Uzbekistan’s cotton harvest has come to an end, and that concrete measures to stop the use of forced labor have been taken. It also shows that the country is making significant reforms on fundamental labor rights in the cotton fields. But it did emphasize that education and health sector workers are still at risk of being called to pick cotton. Continued efforts are required to fully eradicate forced labor and maintain the progress achieved on child labor. Efforts undertaken by the Uzbekistan Government to fully eradicate forced labor are recognized by international development partners, as evidenced by upgrading to Tier 2 Watch List by the Department of State Trafficking in Persons Report for 2017. The World Bank and the ILO are continuing to cooperate on monitoring, awareness-raising activities, capacity building for National Feedback Mechanisms, Labor Inspectorate, and assessing labor rights and working conditions in horticulture, livestock, and textile sectors. The Bank is working on advancing policy dialogue on agricultural modernization strategy, creating employment opportunities for women affected by cotton mechanization, and expanding monitoring social risks and the engagement of citizens. 70 World Bank GRI Index 2018 GRI 411: INDIGENOUS PEOPLES 103-1a: An explanation of why the topic(s) is/are material - Central to the World Bank’s mission of reducing poverty and boosting shared prosperity in a sustainable manner is ensuring that the development process 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 identity, culture, and customary livelihoods. Gender and intergenerational issues among Indigenous Peoples are also 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 SOCIAL DISCLOSURES • Indigenous Peoples productive resources, or restricts their ability to participate in and benefit 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. 103-2a: An explanation of how the organization manages the topic(s) - The World Bank safeguards 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 World 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. 103-3a: An explanation of how the organization evaluates the management approach(s) - The new Environmental and Social Framework advances the World 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 several 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. The World Bank’s Independent Evaluation Group (IEG) evaluates the development effectiveness of the World Bank group. More details can be found at http://ieg. worldbankgroup.org/ The World Bank’s Internal Audit Vice President (IAD) is an independent, objective assurance and consulting activity that helps to improve World Bank Group operations. More details can be found at http://www.worldbank.org/en/about/unit/internal-audit-vice-presidency. The Inspection Panel is an independent complaints mechanism for people and communities who believe that they have been, or are likely to be, adversely affected by a World Bank-funded project. More details can be found at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx. 71 411-1 Incidents of In fiscal year 2016, two projects that appeared to raise complaints regarding non-compliance with the Indigenous Peoples policy were violations involving processed under the pilot approach for early solutions. Paraguay: Sustainable Agriculture and Rural Development Project, for which the rights of indigenous panel decided not to investigate as it considered that the pilot approach led to a rapid and effective resolution of the issues raised, and peoples Kenya: Electric Expansion Project was investigated and is under review. For more information, see case updates on the Inspection Panel website: http://www.worldbank.org/inspectionpanel GRI 412: HUMAN RIGHTS 103-1a: An explanation of why the topic(s) is/are material - Human rights principles essential for sustainable development such as nondiscrimination, meaningful consultation, effective public participation, property rights, accountability, transparency and good governance, are consistently applied in the World SOCIAL DISCLOSURES • Human Rights Bank’s work to end poverty and boost shared prosperity. These principles are embedded in our recently board-approved (August 2016) Environmental and Social Framework, which protects people and the environment in World Bank investment projects. As the ESF vision statement makes clear, social development and inclusion are critical for all the World Bank’s development interventions and for achieving sustainable development for member countries. For the Bank, inclusion means empowering all people to participate in, and benefit from, the development process. Inclusion encompasses policies to promote equality and non-discrimination by improving the access of all people, including the poor and disadvantaged, to services and benefits such as education, health, social protection, infrastructure, affordable energy, employment, financial services, and productive assets. Inclusion also embraces action to remove barriers against those who are often excluded from the development process, such as women, children, persons with disabilities, and youth and minorities, and to ensure that the voices of all are heard. In this regard, the World Bank’s activities support the realization of human rights expressed in the Universal Declaration of Human Rights. Under the projects financed by the World Bank, in a manner consistent with its Articles of Agreement, the Bank seeks to avoid adverse impacts, and will continue to support its member countries as they strive to progressively achieve their human rights commitments. 103-1b: The Boundary for the material topic(s) - This topic is material within the Bank’s operational boundary, the project area of influence for World Bank- financed projects. 103-2a: An explanation of how the organization manages the topic(s) - The World Bank recognizes the importance of human rights principles in development: transparency, accountability, non-discrimination, equality of opportunity, governance, empowerment, participation, and inclusion. These principles are reflected in all projects the World Bank finances. The Bank classifies each proposed project into one of four safeguard 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 Bank grants, credits, and loans. 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. 72 World Bank GRI Index 2018 Under the new Environmental and Social Framework (ESF), which will come into force in October 2018, the Bank will classify all investment projects into one of four classifications: High Risk, Substantial Risk, Moderate Risk, or Low Risk. In determining the appropriate risk classification, the Bank will take into account relevant issues, such as the type, location, sensitivity, and scale of the project; the nature and magnitude of the potential environmental and social risks and impacts; and the capacity and commitment of the borrower (including any other entity responsible for the implementation of the project) to manage the environmental and social risks and impacts in a manner consistent with the Environmental and Social Standards. More information on the ESF can be found at: http://www.worldbank. org/en/projects-operations/environmental-and-social-framework. In 2016, the World Bank issued a Directive on Addressing Risks and Impacts on Disadvantaged or Vulnerable Individuals or Groups with the purpose of establishing directions for Bank staff in respect of such individuals or groups as required under the Environmental and Social Framework. Under the directive, when a project poses specific risks and impacts to individuals or groups who, because of their particular circumstances, may be disadvantaged, the task team, through its SOCIAL DISCLOSURES • Human Rights due diligence responsibilities, supports the borrower in the Environmental and Social Assessment (ESA) process, including in carrying out consultations, and ascertains whether (1) the environmental and social assessment has properly identified the disadvantaged or vulnerable individuals or groups; and (2) appropriate differentiated mitigation measures have been incorporated into project design and documented in relevant project material so that adverse impacts do not fall disproportionately on the disadvantaged or vulnerable, and they are not disadvantaged in sharing any development benefits resulting from the project. The Directive can be found at: https://policies.worldbank.org/sites/ppf3/PPFDocuments/e5562765a5534ea0b7877e1e775f29d5.pdf. 103-3a: An explanation of how the organization evaluates the management approach(s) - The World Bank’s Independent Evaluation Group (IEG) evaluates the development effectiveness of the World Bank group. More details can be found at http://ieg.worldbankgroup.org/ The World Bank’s Internal Audit Vice President (IAD) is an independent, objective assurance and consulting activity that helps to improve World Bank Group operations. More details can be found at http://www.worldbank.org/en/about/unit/internal-audit-vice-presidency. The Inspection Panel is an independent complaints mechanism for people and communities who believe that they have been, or are likely to be, adversely affected by a World Bank-funded project. More details can be found at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx. 412-1 Operations One hundred percent of the investment projects financed by the World Bank were appraised in accordance with requirements per the that have been Bank’s policies to protect the environment and people potentially affected by Bank-supported projects. The Bank screens each proposed subject to human project to determine the appropriate extent and type of environmental and social analysis to be undertaken during project preparation rights reviews or and whether the project may involve the application of safeguard policies. Environmental and social risk management, including risk impact assessments mitigation measures, are also referenced in the project legal agreement, and therefore are part of the contract with the borrower. For details on projects, see: http://projects.worldbank.org. In August 2016, the World Bank’s Board of Executive Directors approved a new Environmental and Social Framework (ESF). The ESF will be launched in October of 2018. More information on the ESF can be found at: http://worldbank.org/esf. 73 412-2 Employee World Bank environmental and social safeguard policies are a cornerstone of the Bank’s support of sustainable development and training on human poverty reduction. The objective of these policies is to prevent and mitigate undue harm to people and their environment in the rights policies or development process. procedures In fiscal year 2018, 46 hours (23 sessions) of the Bank’s corporate safeguards training program were delivered to 927 staff. In fiscal year 2017, 96 hours (35 sessions) of the Bank’s corporate safeguards training program were delivered to 1,297 Bank staff both in HQ and country offices. In fiscal year 2016, 126 hours (21 sessions) of training on safeguard policies were delivered to 600 staff members in Washington, DC. In fiscal year 2015, 144 hours (24 sessions) of training on Bank safeguard policies were delivered to 500 staff members in Washington, DC. Various regional offices hosted training workshops, which are not included in these totals. In addition, the SOCIAL DISCLOSURES • Local Communities Bank trained 1,623 staff on the new ESF, delivering 1,236 training hours (45 sessions) both in HQ and country offices. Separate sessions were held for Environmental and Social Specialists, Country Directors, Practice Managers, Communications Specialists, and Bank staff in general. GRI 413: LOCAL COMMUNITIES 103-1a: An explanation of why the topic(s) is/are material - The Bank screens all projects proposed for financing to determine the appropriate extent and type of potential impacts on communities and the environment. 103-1b: The Boundary for the material topic(s) - The topic is material within the Bank’s operational boundaries. 103-2a: An explanation of how the organization manages the topic(s) - If a project is considered to have adverse impacts on a community, the borrower must carry out an environmental and social impact assessment. This impact assessment will consider gender issues as part of its social analysis. The borrower is required to consult on environmental and social impacts and mitigation measures with the communities affected by the project. For meaningful consultations between the borrower and project-affected groups and local non-governmental organizations, the borrower is required to provide relevant material in a timely manner prior to consultation, in a form and language that are understandable and accessible to the groups being consulted. For projects with significant risks (categories A and B), the Bank discloses the environmental and social assessment. The borrower is required to establish a project-level grievance redress mechanism for all projects with adverse impacts. 103-3a: An explanation of how the organization evaluates the management approach(s) - The World Bank’s Independent Evaluation Group (IEG) evaluates the development effectiveness of the World Bank group. More details can be found at http://ieg.worldbankgroup.org/ The World Bank’s Internal Audit Vice President (IAD) is an independent, objective assurance and consulting activity that helps to improve World Bank Group operations. More details can be found at http://www.worldbank.org/en/about/unit/internal-audit-vice-presidency The Inspection Panel is an independent complaints mechanism for people and communities who believe that they have been, or are likely to be, adversely affected by a World Bank-funded project. More details can be found at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx. 74 World Bank GRI Index 2018 413-1 Operations All World Bank investment projects require engagement with the local community. with local community engagement, impact assessments, and development programs 413-2 Operations A total of 307 projects were screened in fiscal year 2018, of which 41 were classified as Category A and 178 as B. The rest are SOCIAL DISCLOSURES • Local Communities with significant distributed among FI, Category C, and Program for Results projects (not categorized). A total of 418 projects were screened in fiscal actual and potential year 2017, of which 46 were classified as Category A and 153 as B. The rest were distributed among FI, Category C, and Program for negative impacts on Results projects (not categorized). local communities 75