Opinion: The World Bank’s Evolution Is a Chance to Accelerate the End of Extreme Poverty
By Shameran Abed, Executive Director, BRAC International and Joanne Carter, Executive Director, RESULTS/RESULTS Educational Fund
The World Bank is evolving, but can it widen its mandate without losing focus on ending extreme poverty?
Cascading crises that include COVID-19, the Ukraine war, rising inflation, and climate extremes are making the fight against poverty ever more complex. Presented with this shifting landscape, we must support the World Bank’s efforts to evolve to better support governments in driving sustainable development.
However, in a world where lack of prioritisation over recent years has already led to a slowing of poverty reduction, the Bank must ensure its evolutions do not result in losing further momentum towards this goal.
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