Highlights of the IDA21 replenishment meeting in Seoul:
- The World Bank Group secured $23.7 billion in donor contributions, which will be leveraged into a transformative $100 billion financing package.
- This historic replenishment marks a significant step in addressing the pressing challenges faced by the world’s poorest countries, particularly in Sub-Saharan Africa, where the 23 countries of the Africa Group II are located.
On December 5, 2024, the world witnessed a pivotal moment in the fight against poverty and inequality. At the IDA21 replenishment meeting in Seoul, Korea, the World Bank Group secured $23.7 billion in donor contributions, which will be leveraged into a transformative $100 billion financing package. This historic replenishment marks a significant step in addressing the pressing challenges faced by the world’s poorest countries, particularly in Sub-Saharan Africa, where the 23 countries of the Africa Group II are located. Executive Director Harold Tavares attended this groundbreaking meeting. For more information, please click here.
