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A garment worker smiles during her shift in a textile factory in Lesotho

International Financial Institutions (IFIs)

World Bank - ILO partnership

© Marcel Crozet / ILO

5 projects

The World Bank currently funds 5 ILO development cooperation projects worldwide

US$ 7.9 million

The World Bank contributed US$ 7.9 million to ILO voluntary non-core funding in 2020-23

The World Bank and the ILO bring complementary strengths and approaches to their partnership, which seeks to address the challenges of poverty and exclusion, a global financial and jobs crisis, and growing inequality. At the basis of the ILO-World Bank collaboration is the shared goal of leaving no one behind in alignment with the 2030 Agenda for Sustainable Development.

The World Bank Group’s strategic priorities:

The creation of sustainable jobs is a critical component and a cross cutting theme of the World Bank Group’s mission. Relying on a comprehensive approach that leverages resources across sectors and mobilizes global knowledge in addressing the jobs challenge, the World Bank Group supports the development of jobs strategies to address specific social objectives in diverse regional and sectorial contexts.

The World Bank Group – ILO partnership increasingly focuses on research and statistics, policy advice and technical assistance to countries. Joint work and coordinated efforts are underway on:

  • Social protection floors
  • Youth employment and skills development
  • Employment-intensive infrastructure
  • Global supply chains
  • Migration
  • Gender equality
  • Support to fragile states
Development Cooperation Dashboard

Development Cooperation Dashboard

Projects funded by the World Bank

Highlights

ILO Director-General statement to the IMF International Monetary and Financial Committee and to the joint World Bank-IMF Development...

Spring Meetings of the World Bank and the IMF

ILO Director-General statement to the IMF International Monetary and Financial Committee and to the joint World Bank-IMF Development...

Social justice indispensable to overcome global challenges, ILO tells World Bank/IMF

World Bank / IMF Spring Meetings

Social justice indispensable to overcome global challenges, ILO tells World Bank/IMF

Partnership for improving prospects for forcibly displaced persons and host communities (PROSPECTS)

Partnership for improving prospects for forcibly displaced persons and host communities (PROSPECTS)