World Bank definition

Examples of World Bank in a sentence

  • The Fund Office operates under World Bank policies and procedures.

  • The Executive Secretary of the Fund Council leads the Fund Office and is selected and appointed by the World Bank in accordance with World Bank policies and procedures.

  • The World Bank seeks to position its inputs into decisions about the use, allocation and oversight of funds as a Fund Council Member, rather than through its Trustee or Fund Office functions.

  • To further transparency, the World Bank makes reasonable efforts to indicate when it is acting in its capacity as Trustee, Fund Office or Fund Donor.

  • The Trustee shall, upon verification of Fund Council approval, transfer the relevant budget amount to the respective entity following entry by the World Bank, on behalf of the Fund Council, into a proper Fund Use Agreement (or internal documentation in case of the Fund Office).


More Definitions of World Bank

World Bank means the International Bank for Reconstruction and Development and the International Development Association.
World Bank means IBRD and IDA.
World Bank means the International Bank for Reconstruction and Development. CGIAR Principles (informational version only) As adopted by the Fund Council on November 2, 2010
World Bank means the World Bank Group.
World Bank means the International Bank for Reconstruction and Development. As set forth in the CGIAR Joint Declaration endorsed by the CGIAR members on December 8, 2009, the Consortium and the Fund Council (the “Parties”)3 agree to work together through the CGIAR to reduce poverty and hunger, improve human health and nutrition and enhance ecosystem resilience through high-quality international agricultural research, partnership and leadership. These are the overarching Principles that guide the Fund Council and the Consortium in their joint efforts to implement the SRF in an efficient and effective manner. The Consortium and the Fund Council, through adoption of these CGIAR Principles, are committed to the strategic objectives set forth below and recognize that they have shared responsibility, as well as mutual trust and accountability, through their separate roles and obligations, for the achievement of these objectives: Food for People: Create and accelerate sustainable increases in the productivity and production of healthy food by and for the poor. Environment for People: Conserve, enhance, and sustainably use natural resources and biodiversity to improve the livelihoods of the poor in response to climate change and other factors.
World Bank means IBRD and the International Development Association; and