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Over the past two years, the World Bank has found better ways to support our clients, staff, and communities, from designing and disseminating innovative financing products for greater impact on the ground, to deploying new technologies to transform how we worked with clients during the pandemic. 

The World Bank community continued to implement lessons learned from the pandemic as staff returned to the office, synthesizing its strengths for sustainable solutions to work smarter with clients, improve collaboration within the institution, and balance care for our families and communities. 

Building on our Green, Resilient, and Inclusive Development approach announced in April 2021, IBRD and IDA continued throughout fiscal 2022��23 to help developing countries navigate these interlinked crises, restore growth, and stay the course on long-term development. As of fiscal 2023, the World Bank remains the largest funder of the global COVID-19 health response, with $13.5 billion committed to over 100 countries since the start of the pandemic.

Doing what is right for our staff, clients, and partners is an integral part of the World Bank’s business model. Despite the challenges posed by the pandemic, the World Bank continues to strive to hold ourselves, clients, and partners to the highest ethical standards, as reflected in our Core Values and Code of Ethics, through the World Bank Evaluation Principles, the Accountability Mechanism, and other initiatives. 

Reducing our corporate environmental impact is aligned with our institutional mission to reduce poverty, as the world’s poor are the most impacted by environmental degradation. We made concerted efforts to pursue our goals, such as reducing absolute carbon emissions from global facilities across the �������� by 28 percent by 2026 from a 2016 baseline and reducing our food-related greenhouse gas emissions from headquarters cafeterias, coffee bars, and catering operations by 25 percent by 2030 from a 2019 baseline.