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The World Bank Group’s Response to the COVID-19 (coronavirus) Pandemic

Building a Resilient and Inclusive Recovery

As the world tackles the COVID-19 crisis, our support focuses on helping countries address the crisis and transition to recovery through a combination of saving lives; protecting the poor; securing foundations of the economy; and strengthening policies and institutions for resilience.

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Infographic: World Bank Group COVID-19 Crisis Response

 

The COVID-19 (coronavirus) pandemic has taken a drastic human toll, and the economic and social impacts of the pandemic are reverberating globally. Through a combination of new projects, restructuring and emergency components of existing projects, and deployment of our disaster finance instruments, the World Bank Group’s response is targeted in four key areas. Learn More

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COVID-19 has triggered a steep increase in debt, particularly in emerging market and developing economies

Assessing Country Readiness for COVID-19 Vaccines

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Pandemic Response

World Bank Support for Country Access to COVID-19 Vaccines

The World Bank Group is working with partners on the largest vaccination effort in history, to stop the COVID-19 pandemic. See the latest project financing, project documents and procurement information.

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Fast-Acting Measures

Debt Service Suspension Initiative

Debt service suspension is a powerful, fast-acting measure that can bring real benefits to people in poor countries, particularly countries that don’t have the financial resources to respond to the coronavirus (COVID-19) crisis.

Children from VuniSaviSavi, Fiji, sit in the village boat as they travel to their favorite swimming spot, a deep hole in the coral reef called 'The Tomb', not far from shore. Photo: Alana Holmberg/World Bank
Sustainable Development Series

Building a Balanced Future

This Series offers insights into innovative and state-of-the-art solutions that can guide countries to build more inclusive and sustainable economies that are resilient in the face of pandemics, climate change and other threats.

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Pandemic Response

Task Force on COVID-19 Vaccines, Therapeutics and Diagnostics

A joint initiative from the International Monetary Fund, World Bank Group, World Health Organization, and World Trade Organization to accelerate access to COVID-19 vaccines, therapeutics and diagnostics by leveraging multilateral finance and trade solutions, particularly in low- and middle-income countries.

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Supporting a green, resilient and inclusive recovery

Multilateral Investment Guarantee Agency (MIGA) and COVID-19

MIGA launched its COVID-19 Response Program in April 2020 to help investors and lenders tackle the pandemic. The program consists of three pillars and will underwrite up to $6.5 billion of guarantees to support a green, resilient and inclusive recovery in developing countries.

 Photo © Chor Sokunthea/IFC
Supporting the Private Sector

International Finance Corporation (IFC) and COVID-19

IFC is providing $8 billion in fast-track financial support to existing clients to help sustain economies and preserve jobs during this global crisis, which will likely hit the poorest and most vulnerable countries the hardest. Our response consists of four financing facilities.

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