Norway became a member of the International Bank for Reconstruction and Development – the World Bank – on Dec. 27, 1945. Today, Norway is a member of the five institutions that form the World Bank Group. Norway and the World Bank work with other member governments to finance projects, design policies, and deliver programs to end poverty in the developing world.
The World Bank’s World Development Report, published annually since 1978, is an invaluable guide to the economic, social, and environmental state of the world today. Each report provides in-depth analysis and policy recommendations on a specific and important aspect of development.
Pandemics, climate change, conflict. The world faces threats that can only be solved through cooperation and coordination across borders.
Since its founding, The World Bank Group has evolved to meet new challenges to ending extreme poverty and creating opportunity for all. Along with a vast network of worldwide partners, we continue to adapt with new innovative lending approaches, partnering with the private sector to expand funding for development, and responding to global threats that affect rich and poor alike.
“For we shall prosper individually, only as we prosper collectively” - Eugene Meyer. First World Bank President.