The 2023 World Bank Group-IMF Annual Meetings took place from October 9-15 in Marrakech, Morocco, and unveiled the Bank’s bold new vision: creating a world free of poverty on a livable planet. Events and discussions highlighted this new mission, highlighting an expansion in financial capacity, stronger partnerships, deeper engagement with the private sector, and finding more efficient processes.
In this special edition episode of The Development Podcast, we draw on some of the highlights from that week and share more about the institution’s new mission and vision. Listen on to hear from: World Bank Group President Ajay Banga, IMF Managing Director Kristalina Georgieva, Senior World Bank Managing Director Axel van Trotsenburg, World Bank Managing Director of Operations Anna Bjerde, Zanzibar’s Minister of State for Finance and Planning Saada Salum, UNICEF’s Executive Director Catherine Russell, CEO of Standard Chartered Bank Bill Winters, and Ethiopian entrepreneur Kidus Asfaw.
[00:00] Welcome and introduction of the topic
[02:01] A new playbook to tackle the intertwined global challenges
[08:33] What it will take to achieve ending poverty on a livable planet
[10:24] Tanzania: Education for all, empowering its female population, investment in the blue economy
[13:18] The importance of partnerships and the impact of COVID-19 and climate change on children
[18:29] Private sector: How can finance be sustainable?
[21:12] How businesses are piloting exciting climate solutions
[23:04] Closure and thanks for tuning in!
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The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.