How is the World Bank performing on education, food security, access to electricity, and other key objectives? With the release of the first 11 indicators as part of the new corporate scorecard, the major global lender’s record is now on display.
By halfway through the 2024 fiscal year the bank had helped 287 million people access social safety net programs, nearly matching its expected impact of 288 million. But on education, it fell short, with some 280 million students receiving better education, 63 million off target. Some 100 million people gained access to electricity, considerably below the 326 million goal.
The scorecard revamp is part of the bank’s broader reform efforts and is intended to streamline the process, shift from a focus on inputs to outcomes, and help operationalize the bank’s vision.