The World Bank

International Trade and DevelopmentDistrict of Columbia, United States10001+ Employees

The World Bank is an international development organization based in Washington, DC, that provides financial and technical assistance to developing countries. It is composed of two linked institutions, the International Bank for Reconstruction and Development and the International Development Association, owned by 189 member countries, and it works alongside the International Finance Corporation, the Multilateral Investment Guarantee Agency, and the International Centre for the Settlement of Investment Disputes. Rather than a traditional bank, it offers low-interest loans, zero-interest credits, and grants to support a broad array of public and private sector activities—from education and health to infrastructure, governance, agriculture, and environmental management—with the aim of reducing poverty and advancing inclusive, sustainable globalization.

Its activities target developing economies, including middle-income and the world’s poorest countries, providing financial and technical resources to governments and development partners. In 2026, the organization pursued partnerships in various regions, such as collaborations with United Arab Emirates entities to strengthen dispute resolution and service efficiency, and it supported initiatives like the TOPIC Toolbox addressing plastic waste in island contexts, reflecting its approach to climate, environment, and governance challenges.

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