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Overview

 

The United Kingdom (UK) became a founding  member of  the International Bank for Reconstruction and Development (IBRD) in December of 1945 and played a crucial role in helping found the Bretton Woods institutions (World Bank and International Monetary Fund). Today, the United Kingdom remains a major shareholder and an important and influential partner in global efforts to reduce poverty.

Additionally, the UK is also a member of the International Development Association (IDA), which it joined in 1960, the International Finance Corporation (IFC) as of 1956, the Multilateral Investment Guarantee Agency (MIGA) as of 1988 and the International Centre for Settlement of Investment Disputes (ICSID) as of 1967.

The UK and the World Bank Group work together to develop policies on a wide range of issues, such as conflict prevention, governance, health, and education -- trying to enable millions in the poorest countries to be immunized, gain access to roads and clean water, and become teachers, among other benefits. 

The Executive Director for United Kingdom, along with the other 24 members of the Board, is responsible for the conduct of the general operations of the Bank, and exercises powers delegated to him by the Board of Governors. Mr. Gnanendran is chair of the Committee on Governance and Executive Directors' Administrative Matters (COGAM), member of the Human Resources Committee (HRC), and member of the of the Ethics Committee of the World Bank Group.

Last Updated: Feb 01, 2024

THE OFFICE OF THE EXECUTIVE DIRECTOR (EDS03)

HISTORY OF THE MEMBERSHIP OF THE CONSTITUENCY OF EDS03

Highlights

EDS03
Mar 10, 2024

The  core days of the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) will be from April 17 to 19, with ancillary meetings taking place Monday, April 15 through Saturday, April 20.

The World Bank Group (WBG) plays a key role in the global effort to end extreme poverty and boost shared prosperity.

The primary opportunity to bolster awareness and participation on the global effort to end extreme poverty and boost shared prosperity is through the Spring and Annual Meetings. 

 

The White Paper on International Development 2023
Published Nov 20, 2023

The UK’s plan to accelerate progress to eliminate extreme poverty, and address climate change and biodiversity loss.

It is no longer possible, if it ever was, for a country to determine its future alone. Climate change does not respect national boundaries, nor do pandemics or conflicts. This white paper sets out the UK government’s response to these challenges and how the UK can accelerate progress on the Sustainable Development Goals (SDGs) by 2030.

United Kingdom- Contract Awards in Investment Project Financing (Fiscal Year Trend)

Contract Awards

Multimedia

EDS03

By the end of FY23 the United Kingdom had contributed to 152 active trust funds, including 105 IBRD/IDA TFs, 22 FIFs and 25 IFC TFs.

The United Kingdom joined as a new development partner to the Pandemic Fund FIF in March 2023.

Total Contributions from inseption till June 30, 2023: $72,583 million - $39,018 M IDA; $12,957 M IBRD/IDA TFs; $19,194 M FIFs; $1,414 M IFC TFs

In Depth

Contact

The World Bank Group
Office of the Executive Director for United Kingdom 1818 H Street NW Washington, D.C. 20433
Tel : +1-202-473-1000
Fax: +1-202-477-6391