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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

Nowcast of extreme poverty, 2015-2021

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Factsheet

World Bank (IDA & IBRD) COVID-19 Response

The World Bank is providing large net positive flows to the world’s poorest countries and making rapid progress in directing up to $160 billion to our client countries.

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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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Supporting Countries in Unprecedented Times

World Bank Annual Report 2020

The World Bank Group expects to deploy up to $160 billion over 15 months through June 2021 in financing tailored to the health, economic, and social shocks countries are facing as a result of the COVID-19 pandemic.

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2020 Atlas of Sustainable Development Goals

This year’s Atlas highlights trends towards achieving the SDGs and some of the emerging impact of COVID-19 on the indicators and trends presented.

 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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