Ahead of the World Bank’s Development Committee meeting, this panel will bring together G20 high level independent panel (HLIP) members, global experts, shareholders, and World Bank management to discuss the role of the World Bank in incentivizing investments and promoting structural reforms to integrate global challenges at the core of a revamped World Bank business model. How can existing commitments to meet global goals be operationalized as part of the World Bank’s Green, Resilient and Inclusive Development (GRID) approach? What is the World Bank’s comparative advantage and where can the Bank create clearer synergies with other multilateral and client country partners? As World Bank Group President Malpass asked, “how does the world help poorer countries make larger investments in global public goods and how should the costs be shared worldwide?” What are the implications for the World Bank’s business model including for concessional financing by the International Development Association (IDA), the GPG Fund, trust funds, FIFs and external providers of concessionality such as the Climate Investment Funds (CIFs)?
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