As the Executive Director (ED) of the World Bank Group Board representing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, I am pleased to invite you to visit our website to learn more about the work of the Nordic and Baltic office.
This event advanced the thinking about the rising concentration of wealth, income, carbon, and the role of progressive taxation. Today, the richest 10% in the world owns 76% of global household wealth, while the bottom half owns barely 2%. Furthermore, the richest 10% of emitters are responsible for close to 50% of all emissions, while the bottom 50% produce 12% of the total. The challenges of the 21st century are not feasible without significant redistribution of income and wealth inequalities and targeting wealthy polluters. In this talk, the guest speaker, economist and professor Lucas Chancel presented the World Inequality Report 2022, which serves as a framework for learning about all different pieces in the inequality puzzle and discussed about the redistribution tools to design fairer development pathways.
Video Recording, Presentation, WIR 2022
World Bank and COVAX announce a new collaboration.
The WBG has launched a new Cybersecurity Multi-Donor Trust Fund.
IDA made its debut in Norwegian krone with a 5-year benchmark bond that raised NOK 2 billion (October 2021).
On December 15, 2021, the IDA20 replenishment negotiations came to a successful conclusion when IDA donors committed to a strong financial package to support the ambitious IDA20 policy package.
History of the Membership of the Current Constituency of EDS20
Young Professionals are recruited from around the world to the World Bank, IFC and MIGA.
The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy issues.
The Boards of Directors consist of the World Bank Group President and 25 Executive Directors acting as a unit to consider and decide on loans, credits and grants; private sector support, political risk guarantees, ...
World Bank Group Launches Emergency Coronavirus Support for Developing Countries
Using lessons from the Ebola outbreak in 2014, African countries prepare to mitigate the impact of COVID-19 (Coronavirus).
