The World Bank is not just one of the biggest funders in the world of development; its influence is also growing.
That’s the picture that emerges from our analysis of the lender’s current pipeline, which contains projects submitted to the bank that are awaiting final approval. At the time of our analysis, this included 834 projects worth $301.5 billion.
Of that total, the World Bank has so far committed to funding around $122.9 billion, or 40.8%. This represents a significant increase from 2021, which only had $73.39 billion for 554 new projects.