The World Bank Spending by Strategy Result Area in 2020-2021 (Core and Non-Core Expenditure and Encumbrances)
Total: $ 14 210 606
The World Bank provides financial and technical support to developing countries with the overarching aim of ending poverty and promoting shared prosperity. Ensuring everyone has access to essential services regardless of ability to pay is a critical part of this drive. Under the UNAIDS Division of Labour, the World Bank and UNDP co-lead the support for efficiency, effectiveness, innovation, and sustainability of the global HIV response. In collaboration with WHO, the World Bank co-leads the work programme on integrating people-centred HIV and health services in the context of stronger systems for health, particularly the decentralization and integration of HIV-related services. Contribution is also made to other areas, including prevention among key populations and youth; advancing gender inequality and combatting gender-based violence; HIV-sensitive social protection; education, with a particular focus on girls; serviced in situations affected by fragility, conflict, and violence.
The Bank worked across multiple fronts: tackling gender-based violence; education (with a portfolio of 180 education projects affecting more than 150 million girls and young women); the nine-country Sahel Women’s Empowerment and Demographic Dividend Project, integrating reproductive health and actions to address gender-based violence in education, and providing scholarships and material support for more than 210 000 girls, as well as the Human Capital Project, which spotlights investing in maternal and new-born health, including HIV-related services. With an extensive portfolio of social protection projects during the biennium benefiting nearly 1 billion individuals and representing investments of US$ 12.5 billion, the World Bank used these programmes to reduce HIV vulnerabilities.
To meet unprecedented emergency needs and protect access to essential services including HIV-related services, the World Bank Group launched its COVID-19 response, reaching over 100 countries. From April 2020 through June 2021, financing totalled more than US$ 157 billion, with the Health Strategic Preparedness and Response Program helping countries access financing for health needs. The World Bank supported fiscal space for essential health and human investments through the Sustainable Development Bonds scheme and by supporting the Debt Service Suspension Initiative to help countries preserve precious resources to safeguard the lives and livelihoods of millions of the most vulnerable. About US$ 5 billion in relief went to over 40 countries.
Find more details in the organizational report.