HIGHLIGHTS
- New Partnership to Connect 300 Million to Electricity by 2030
- Expand Health Services to 1.5 Billion People
- New commitments up to $11B and new financial tools
At this year’s World Bank Group-IMF Spring Meetings, management and shareholders
recommitted to the institution’s vision of a poverty-free world and pledged to explore new solutions to tackle an ever-present set of threats to development and the lives of the poor—from stress in the banking sector and persistent inflation to rising debt, Russia’s invasion of Ukraine, and the mounting dangers of climate change.
Conflict, COVID and climate change have combined to create unprecedented challenges for developing countries. At these Spring Meetings – taking place in the shadow of war in Ukraine – the World Bank Group will convene leaders, experts and activists to discuss the impact of these global shocks on the most vulnerable communities.

Basic sustenance has become unaffordable for the world’s poorest, and disruptions of health and nutrition services will have long term consequences. Even before the pandemic, the world was not on track to meet the Sustainable Development Goal 2 (SDG2) goal of Zero Hunger.
As countries rebuild their economies after COVID-19, it is fundamental that they see this as a unique opportunity to lay the foundation for a green, resilient, and inclusive future. These efforts were the theme of the event kicking off the Spring Meetings on Tuesday, Economic Recovery: Toward a Green, Resilient, and Inclusive Future.
World Bank Group President David Malpass will address the press during the World Bank Group/International Monetary Fund 2021 Virtual Spring Meetings. He will share his views on the key outcomes from the Development Committee, as well as the G20 discussions. He will also report on the World Bank Group’s response to the global crisis caused by the COVID-19 pandemic.
This year, due to the coronavirus, the Management of the IMF and World Bank Group and their Executive Boards are adapting the 2021 IMF-World Bank Spring Meetings to a virtual format.
On April 7th, the World Bank invited several leading experts to explore perspectives on a new global financial architecture for debt. Speakers discussed lessons from past restructuring efforts, the private sector’s role, and the increased need for debt transparency.
NL4WorldBank March edition of the newsletter is out!
The newsletter ‘Development in Light of a Pandemic‘ headlines with the cancellation of the IMF and World Bank Group Spring Meetings. “Out of precaution World Bank Group events up to May have either been postponed or cancelled. We are still unclear on how the World Bank Group will proceed with events after May. In this blog post we selected the largest event messaging concerning COVID-19, The events include: 2020 IMF/World Bank Group Spring Meetings, Fragility Forum 2020, and the Land and Poverty conference.”
Spring Meeting Presentation
Digital innovation is creating unprecedented opportunities for Africa to grow its economy, create jobs, and transform people’s lives. With the aim to digitally connect every individual, business and government in Africa by 2030, the African Union, with the support of the World Bank Group, has embarked on an ambitious journey—a “moonshot” that will help countries accelerate progress, bring high-speed connectivity to all, and lay the foundations for a vibrant digital economy. This April, African leaders and influencers will come together to discuss practical ways of bringing the moonshot vision to life and building an inclusive digital future all across the continent. Watch live, share your ideas, and be part of the conversation!
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