Skip to main content

The Republic of Korea will host the final meeting of the IDA21 replenishment process in Seoul on December 5-6, 2024. This is a critical moment for global leaders and stakeholders to unite and reaffirm their commitments to the International Development Association (IDA), the primary source of concessional financing for the world’s low-income countries. The remarkable economic transformation of the host country is an outstanding example of what is possible with the right policies and partnerships.

What is IDA?

The International Development Association (IDA) is the part of the World Bank that invests in the future of people and planet, with projects across 78 countries. Established in 1960, IDA aims to reduce poverty by providing grants and zero- to low-interest loans for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.

More information:
Draft IDA21 replenishment report | Previous replenishment meetings
Source: World Bank Group
Featured image credit: Jaeyoung Geoffrey Kang | Unsplash

Image: Colorful building facades along the Nyhavn Canal at Copenhagen Denmark
High air pollution in Denmark may impact children’s academic performanceNewsScience

High air pollution in Denmark may impact children’s academic performance

Pollution from traffic, farming and wood stoves may have a negative effect on children’s cognitive development. So a new study of Danish students’ performance in…
SourceSourceApril 23, 2024 Full article
Climate change concept collage
Nordic countries unite for climate action ahead of COP28 in DubaiNews

Nordic countries unite for climate action ahead of COP28 in Dubai

On Thursday, nations from around the world will convene for the COP28 climate summit in Dubai. Ahead of these international negotiations, the message from the…
Adrian AlexandreAdrian AlexandreNovember 29, 2023 Full article
2023 cyclone Freddy longest on record at 36 days: UNNews

2023 cyclone Freddy longest on record at 36 days: UN

Geneva, Switzerland (AFP) - Cyclone Freddy, which crossed the entire southern Indian Ocean before wreaking devastation on southeastern Africa last year, was the longest-lasting tropical…
SourceSourceJuly 2, 2024 Full article