What is the role of the World Bank in addressing global poverty?

The World Bank plays a key role in addressing global poverty by providing financial support and technical expertise to developing countries. It offers loans, grants, and low-interest financing to fund projects aimed at improving infrastructure, education, healthcare, and environmental protection. The World Bank’s goal is to reduce poverty and promote sustainable development by supporting projects that improve living standards and create economic opportunities for the poorest populations. The institution also works with governments to implement policies and reforms that encourage economic growth, job creation, and poverty reduction, ensuring that resources are directed toward the most vulnerable communities.