WASHINGTON, CMC – World Bank Group President Jim Yong Kim has announced that the lending agency plans to invest at least US$700 million through the end of 2015 to help developing countries, including the Caribbean reach the United Nations’ Millennium Development Goals (MDGs) for women and children’s health.
Kim said this new funding from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries, will enable “national scale-ups” of successful pilot reproductive, maternal, and child health projects that were made possible by support from the Bank Group’s Health Results Innovation Trust Fund (HRITF) and IDA.
The announcement follows Kim’s September 2012 commitment to help scale up funding for MDGs 4 and 5 as part of the UN Secretary General’s Every Woman Every Child global partnership.