What is Missing from the World Bank’s Evolution Roadmap? Six Priorities for Management and Shareholders

Improving global governance
Jan 26, 2023 | ODI Insights paper

In December 2022, the World Bank published a Roadmap intended to allow its shareholders to take decisions on the Bank’s future by the Annual Meetings in Autumn 2023. There was broad consensus in two areas: first, that the international community faces an enormous challenge to meet global development and climate goals, necessitating a significant increase in investment and innovation; and second, that the finance currently on offer is nowhere near sufficient. In this ODI Insights paper, Inandeep Bains, Hans Peter Lankes, and Annalisa Prizzon suggest that multilateral development banks (MDBs) - with the World Bank Group at the centre - could contribute much more to the solution. To do so, they must all adapt their missions, set ambitious targets, exploit synergies, use capital more efficiently, embrace private capital mobilisation and streamline processes. In their paper, the authors outline six ways in which the Roadmap could be enhanced.
https://odi.org/en/insights/what-is-missing-from-the-world-banks-evolution-roadmap-six-priorities-for-management-and-shareholders/

print button Print
Related Articles:

Popular Articles

Poverty as a Wicked Problem

The belief that poverty can be prevented by identifying and dealing with its causes, and the...  Read More

Is Mars Ours?

Jun 13, 2021 | The New Yorker, Adam Mann

NASA and China having landed mobile rovers on the surface of Mars has raised the question of...  Read More

Think Local and Act Global - A Conversation with GGF 2030 fellow Cara Stauß

Nov 15, 2018 | Global Policy,

World affairs, diplomacy and trade are no longer solely the domain of nation-states, as cities...  Read More

Global Extreme Poverty

According to household surveys, 44 percent of the global population lived in absolute...  Read More

Popular Videos

A Message from Alan Doss, President of the Kofi Annan Foundation

Highlights from the G20 Think Tank Summit GLOBAL SOLUTIONS in Berlin

Happy Birthday Kofi Annan!

T20 Summit GLOBAL SOLUTIONS – Sean Cleary

Global Trends, Risks and Rewards — Where Are We Now, Where Are We Going?