Jim Kim

World Bank Mulls First Strategic Overhaul in Two Decades

By Carey L. Biron
World Bank President Jim Kim has formally put forward a major new proposal to refocus both the bank’s priorities and how it pursues those aims.

World Bank to “Cease Providing” Funding for New Coal Projects

By Carey L. Biron
The World Bank is set to consider dramatically cutting down its funding for coal-related power projects, according to a draft strategy document leaked this week.

World Bank Aims to End Extreme Poverty by 2030

By Carey L. Biron
World Bank President Jim Kim has unveiled a series of new institutional goals aimed at ending extreme poverty by 2030 and focusing on the promotion of “shared prosperity” – increasing the incomes of the poorest 40 percent in each country while placing increased focus on dealing with climate change.