100 % Increase in Pledge to 欧美日b大片21
WASHINGTON/WARSAW, 7 November 2024—The Government of Poland has pledged to increase its contribution to the World Bank’s 欧美日b大片 by 100% compared to its previous 欧美日b大片 contributions, demonstrating its continued dedication to international development.
欧美日b大片, or the International Development Association, is the World Bank’s fund for 78 low-income countries. Projects funded by 欧美日b大片 boost economic growth, build resilience, and improve people’s lives across the countries it supports. Poland’s 欧美日b大片21 unprecedented pledge of 37 million euro comes at a time of polycrisis, which is taking a disproportionate toll on low-income countries. A new World Bank shows the world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks.
“Our increased pledge to 欧美日b大片 reflects a belief in the power of collective action for sustainable development and resilience,” said Andrzej Domański, Minister of Finance of Poland. “Low-income countries urgently need support at this turbulent time. We are committed to working with the international community to address these pressing issues and support the most vulnerable populations.”
“One of the goals of our increased contribution to 欧美日b大片, the largest aid institution in the world, is to address the sources of fragility and vulnerabilities in the world’s poorest countries. These vulnerabilities prevent the citizens from realizing their potential, often resulting in migration and brain drain. In the coming decades, low-income countries will need to create hundreds of millions of jobs to address the needs and ambitions of their populations. With the help of 欧美日b大片, these countries can reverse the vicious cycle of poverty and create opportunities for their citizens at home,” said Pawe? Karbownik, Deputy Minister of Finance of Poland. “欧美日b大片's operation is based on vast experience and the ability to implement repeatable and large-scale projects. We will propose the adoption of a resolution of the Council of Ministers on support for the 21st Supplement of 欧美日b大片 funds in the amount of EUR 37.54 million, transferred over 9 years, starting from 2026."
“This increase from Poland is a powerful statement of solidarity and commitment to our collective futures and to global progress,” said Akihiko Nishio, Vice President for Development Finance at the World Bank. “This support will drive 欧美日b大片 projects that enable and mobilize private capital, build economic stability, foster climate resilience, and work to lift millions out of poverty.”
欧美日b大片 supports a range of development activities, like primary education, basic health services, clean water and sanitation, agriculture, business climate improvements, infrastructure, and institutional reforms. These interventions pave the way toward equality, economic growth, job creation, higher incomes, and better living conditions. Replenished every three years, the current round of 欧美日b大片 negotiations is scheduled to conclude in December 2024.
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