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The World Bank Group

Ex officio member: Mr James Wolfensohn, President
Board member: Dr Jean-Louis Sarbib, Senior Vice President, Human Development

World Bank logo The World Bank’s mission is to fight poverty with passion and professionalism for lasting results.Founded in 1944, the World Bank Group consists of five closely associated institutions: the International Bank for Reconstruction and Development (IBRD) ; International Development Association (IDA) , International Finance Corporation (IFC) ; Multilateral Investment Guarantee Agency (MIGA) ; and the International Centre for Settlement of Investment Disputes (ICSID) . James D. Wolfensohn is the President of the five institutions.

The World Bank is owned by more than 180 member countries whose views and interests are represented by a Board of Governors and a Washington-based Board of Directors.

The World Bank is the world’s largest source of development assistance, providing nearly $30 billion in loans annually to its client countries. The Bank uses its financial resources, its highly trained staff, and its extensive knowledge base to individually help each developing country onto a path of stable, sustainable, and equitable growth. The main focus is on helping the poorest people and the poorest countries, but for all its clients the Bank emphasizes the need for:

  • Investing in people, particularly through basic health and education
  • Protecting the environment
  • Supporting and encouraging private business development
  • Strengthening the ability of the governments to deliver quality services, efficiently and transparently
  • Promoting reforms to create a stable macroeconomic environment, conducive to investment and long-term planning
  • Focusing on social development, inclusion, governance, and institution-building as key elements of poverty reduction

The Bank is also helping countries to strengthen and sustain the fundamental conditions they need to attract and retain private investment.

The World Bank’s Involvement with GAVI

The World Bank is a partner in GAVI, and co-chairs GAVI’s Task Force on Financing. The Bank is committed to increasing its contribution to immunization through:

  • enhancing its policy dialogue with Ministries of Finance and Ministries of Health and other partners to encourage recognition of the value of immunization and new vaccine development;
  • expanding its loans and credits in support of immunization;
  • consulting and working with public and private sector partners to create new financing options to accelerate the development of an HIV/AIDS vaccine and other priority vaccines, such as against malaria or tuberculosis.

For more information about The World Bank see http://www.Worldbank.org and for its Vaccines section, see here.

GAVI Partners

The Bill & Melinda Gates Foundation

WHO

UNICEF

The World Bank Group

Developing Country Governments

Nongovernmental Organization

Industrialized Country Governments

Research Institutes

Vaccine Industry-Industrialized Country

Technical Health Institutes

Vaccine Industry-Developing Country

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