The International Development Association (IDA) is the part of the World Bank that helps the world’s low-income countries. IDA's grants and low-interest loans help countries invest in their futures, improve lives, and create safer, more prosperous communities around the world. Replenished every three years, IDA’s current round of negotiations is scheduled to conclude in December 2024 in a final pledging meeting in Seoul, Korea.

As IDA completes its 21st replenishment, we journey to Korea to hear how the country, which has recently pledged a 45% in its contribution, has gone from recipient to donor. And we’ll learn about some of the development priorities of another donor country, Switzerland.

• Aki Nishio, Vice President of Development Finance at the World Bank
• Juyoung Yang, Associate Fellow in the Department of Macroeconomics and Financial Policy of the Korea Development Institute
• Chantal Felder, Head of the Climate, Disaster Risk Reduction and Environment Section, Swiss Agency for Development and cooperation (SDC)

[00:00] Introducing the International Development Association (IDA)

[03:26] Korea's developmental transformation

[06:25] Visions from the ground on Korea's economic growth

[11:10] How IDA is helping countries to tackle climate change

[17:04] International cooperation: Switzerland's commitment to IDA

[20:14] Hope on the horizon in a context of polycrisis

This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

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The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

The International Monetary Fund-World Bank Group 2024 Annual Meetings marked a turn of the page to the next phase of our mission: Ensuring job creation—and employment—are not the byproduct of our projects but an explicit aim of them.

In this latest episode of The Development Podcast, we draw on some of the highlights from the Annual Meetings, as well as announcements on creating a new eco-system for agribusiness and boosting economic opportunities for more women.

We hear from Ajay Banga, President of the World Bank Group; Situmbeko Musokotwane, Minister of Finance for Zambia; Mabouba Diagne, Minister for Agriculture, Food and Livestock in Senegal; Ndidi Okonkwo Nwuneli, President and CEO of the ONE Campaign; Sandra Ablamba Johnson, Minister and Secretary General at the Presidency of Togo; Adebayo Olawale Edun, Nigeria’s Minister of Finance; and Raj Kumar, President & Editor-in-Chief at Devex.

[00:00] Welcome and introduction of the topic

[01:33] World Bank's evolution process towards a bigger, better Bank

[04:35] Agriculture and food as an engine of sustainable growth and jobs

[08:17] Accelerating women’s economic opportunities

[11:58] Jobs creation, International Development Association, World Bank Group scorecard

[15:03] IDA21 replenishment

[17:51] Highlights and announcements

[21:04] Cooperation between the Global North and the Global South

[23:03] Climate change and COP29

This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

Tell us what you think of our podcast here >>>. We would love to hear from you!

The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

As the old saying goes, if you can’t measure it, you can’t improve it. But of course, what you measure is important too. In this episode of The Development Podcast, we explore how the World Bank Group aims to strengthen its impact with a slimmed-down and focused scorecard.

We’ll hear how the scorecard will better measure and track results, as well as identify areas for improvement. We’ll get to the heart of what it means to measure results, why it matters and how it has gained traction across the development community. We also get snapshots from two projects: one in Mozambique and one in Jordan. Listen now!

• Ed Mountfield, Vice President, Operations Policy and Country Services, World Bank
• Lu Shen, Director, Results Management and Aid Effectiveness Division Strategy, Policy, and Partnerships Department, Asian Development Bank
• Voices from development projects in Mozambique and Jordan

[00:00] Welcome and introduction of the topic

[01:57] Impact on development projects: Voices from Mozambique and Jordan

[06:51] Introducing the World Bank Group scorecard

[09:53] Scorecard: Measurement, results, and transparency

[14:46] What is impact and why is it important? Targets and SDGs

[17:36] Alignment in measuring impact across all the MDBs: The case of the Asian Development Bank

This international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Listen and subscribe for free on your favorite platform. And rate our show! ;)

Tell us what you think of our podcast here >>>. We would love to hear from you!

The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.