The International Bank for Reconstruction and Development (IBRD) aims to reduce poverty in middle-income countries and creditworthy low-income countries by promoting sustainable development.
The institution provides a combination of financial resources, knowledge and technical services, and strategic advice.
- Established in: 1944
- Headquarters: Washington D.C., USA
- President: David R. Malpass (USA)
- Member Countries: 189 (represented by a 25-member board of 5 appointed and 20 elected Executive Directors)
- Borrowing Countries: 67
- Capital: US$ 252 billion
- Annual Lending: US$ 27 billion
- Swiss Membership: 1992
- Swiss Representation: Executive Director leading a constituency consisting of eight other countries.
Established in 1983, the Energy Sector Management Assistance Program (ESMAP) is a global multi-donor knowledge and technical assistance program administered by the World Bank. Through its contribution to ESMAP, Switzerland supports environmentally sustainable energy sector reforms with the aim to promote energy efficiency and energy security for all. ESMAP provides analytical and advisory services to low- and middle-income countries to achieve environmentally sustainable energy solutions for poverty reduction and economic growth.
The Swiss contribution helps to improve the performance of water and hydropower utilities in developing countries. This will increase the sustainability of water infrastructure and help countries become more resilient to climate change and achieve their development goals. The partnership with the World Bank enables SECO to provide the necessary tools, knowledge, and project based experience to implement better-designed water projects and ultimately have greater impact on the sustainability of water infrastructure investments and service.
Switzerland and the IBRD
Switzerland joined the IBRD in 1992 and represents eight European and Central Asia countries on the 25-member Board of Directors of the World Bank Group. These countries are: Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Tajikistan, Turkmenistan, and Uzbekistan.
Besides shaping the policies and the strategic and operational orientation of the World Bank, Switzerland has entered into strategic partnerships with the Bank in the areas of water, urban infrastructure, and public finance
The chart below shows Switzerland’s TF commitments by region and sector (in %):
Last modification 19.10.2022