World Bank Group
![The World Bank Group building (Washington, DC)](https://upload.wikimedia.org/wikipedia/commons/7/77/The_World_Bank_Group_%2853844804648%29.jpg)
* the International Bank for Reconstruction and Development (IBRD), * the International Development Association (IDA), * the International Finance Corporation (IFC), * the Multilateral Investment Guarantee Agency (MIGA) and * the International Centre for Settlement of Investment Disputes (ICSID).
The first two are sometimes collectively referred to as the World Bank.
The activities of the World Bank (the IBRD and IDA) focus on developing countries, in fields such as human development (e.g. education, health), agriculture and rural development (e.g. irrigation and rural services), environmental protection (e.g. pollution reduction, establishing and enforcing regulations), infrastructure (e.g. roads, urban regeneration, and electricity), large industrial construction projects, and governance (e.g. anti-corruption, legal institutions development). The IBRD and IDA provide loans at preferential rates to member countries, as well as grants to the poorest countries. Loans or grants for specific projects are often linked to wider policy changes in the sector or the country's economy as a whole. For example, a loan to improve coastal environmental management may be linked to the development of new environmental institutions at national and local levels and the implementation of new regulations to limit pollution. Furthermore, the World Bank Group is recognized as a leading funder of climate investments in developing countries. Provided by Wikipedia
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