The World Bank provides project finance to eligible member countries in order to support country strategies and development goals . Project funds are also contributed by the country government, the private sector, and partners. The role of the World Bank is to catalyze initiatives with high development impact which might otherwise not be invested in.
Impact evaluations assess the effectiveness of the projects.
The Bank raises its money in a variety of ways. Funds are distributed through a variety of product lines and lending instruments . Finance is usually provided through either low-interest IDA loans, regular IBRD loans, or a mixture of both. Additionally, grants and loans obtained from cofinancers and partnerships often complement government funds and World Bank lending to make up the total package. Last Updated on May 1, 2001.