Further developing the Netherlands-World Bank Group relationship

The World Bank is a global entity known for its proactive development efforts. In order to reach its goal of ‘ending poverty’ worldwide, the World Bank needs all the help it can get. The World Bank, primarily a financial institution and secondarily a knowledge institution, therefore relies on local government, civil society, companies and donors to provide the   means, experience, knowledge and capacity to end poverty.

Since the inception of the World BankWB, the Netherlands has been a contributor to the Bank’s cause. The Netherlands was one of the first recipients of a World Bank loan, aimed to modernize and expand the fleet of the Royal Dutch Airlines, and has been a staunch supporter ever since. Today, we are ranked 7th among the development partners in terms of contributions to the WBG Trust Funds between 2009-2014, and are one of the largest contributors to IDA.

Given fiscal restraints in recent years, the Dutch Ministry of Foreign Affairs has sought to ensure an even bigger development bang for each buck. Over the last few years we have refocused our development coordination strategy to several core fields. In early February, policy meetings were held between the Netherlands and the World Bank in which this renewed focus was agreed upon: “[The World Bank Group and the Netherlands] agreed on strengthening their partnership in strategic priorities, finding new ways of working together, and exploring the implications of our partnership in light of the recent organizational changes within the World Bank Group”. The shining example of these partnerships is our cooperation in the field of water.

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