You are here

World Bank Group (WBG)

Primary tabs

World Bank Group (WBG)
3 Chemin Louis Dunant CP 66
Geneva 1211
Phone: +41 (0) 22 748 10 00
Fax: +41(0) 22 748 10 30
Organization type: 
International Organisations

The World Bank Group has set two goals for the world to achieve by 2030:

  • End extreme poverty by decreasing the percentage of people living on less than $1.90 a day to no more than 3%
  • Promote shared prosperity by fostering the income growth of the bottom 40% for every country

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development. The World Bank Group comprises five institutions managed by their member countries.

Established in 1944, the World Bank Group is headquartered in Washington, D.C. We have more than 10,000 employees in more than 120 offices worldwide, inclusing in Geneva.

With the adoption of the Sustainable Development Goals (SDGs) in September 2015, the international community has agreed to an ambitious and bold new 2030 Agenda for Development that will span the next 15 years.  The World Bank Group is committed to partnering with the UN System, and development partners, to further the 2030 Development Agenda. Helping our clients achieve the SDGs will call for us to scale-up our efforts. The World Bank Group is uniquely positioned to play a leadership role in this regard. The WBG’s strong track record in working with partner institutions has consistently demonstrated that working closely with partners can make a significant, positive impact in delivering results and making a difference on the ground. Through common projects and initiatives, including in the areas of peace, security and sustainable development, the World Bank Group and the United Nations have forged an excellent collaboration at all levels, at headquarters and in the field, on global, thematic and sector issues. The WBG is now eager to take these partnerships to the next level, by consolidating these efforts under one mainstream leadership, with a view to promoting greater cohesion and coherence to such efforts and better respond to our clients’ needs.

With this aspiration in mind, the new Senior Vice Presidency for the 2030 Development Agenda, United Nations Relations and Partnerships has been created to coordinate the World Bank Group (WBG) agenda on 2030 Development Agenda; and coordinate the WBG’s efforts to strengthen our partnership with the UN, and other partnerships related to the 2030 agenda. The Office of the SVP maintains extensive contacts throughout the World Bank Group and external partners, including the UN, regional development banks, Think Tanks, and other multilateral institutions.