̽»¨¾«Ñ¡

In "A Battle Plan for the World Bank," a piece published in Foreign Affairs, ̽»¨¾«Ñ¡ president and CEO David Miliband explains why refugees are at the center of the fight against poverty.

The three global challenges of climate change, extreme poverty and conflict are converging to form a new epicenter of crisis. This convergence is neither a coincidence nor inevitable.

The World Bank’s International Development Association (IDA) is one of the most critical tools at the Bank’s disposal in its mission to end extreme poverty on a livable planet. This makes the IDA replenishment more than just a chance to mobilize funds — it’s a critical opportunity to reshape how development finance works for the communities that need it most.

Low-income families struggle with financial volatility in their daily lives.  During COVID-19, these struggles have been amplified. 

Angelica did not want to take her family and risk the violence and poverty she had fled in Mexico, nor did she wish to continue living in the shadows of being undocumented in the U.S. She thought the only other option would be to tear their family apart with one parent living on each side of the border.

The ̽»¨¾«Ñ¡ is thrilled to welcome Tara Rangarajan who comes from a career with the United Nations, where she has been a leader in improving working conditions and helping to lift millions of workers, mostly women and often migrants, out of poverty and into self-sustaining livelihoods. Prior to joining the UN, Tara spent ten years working for Business for Social Responsibility (BSR) as a senior advisor to large multinational companies across sectors on how to be a positive force for social change.