The World Bank Treasury (IBRD ? IDA)

We are thrilled to announce that the CIF Capital Markets Mechanism (CCMM) is now listed on the London Stock Exchange! The World Bank, as CCMM’s Treasury Manager, plays a pivotal role in ensuring CCMM is set up to mobilize private sector capital by issuing fixed-income securities. This milestone is a significant step towards attracting investors dedicated to supporting sustainable development and addressing the global climate crisis. ? Join us in celebrating this milestone towards a sustainable future Read more> https://lnkd.in/eHjwUY6K

SAVE THE DATE ?? PDM WEBINAR SERIES #5- How Can Green Budgeting Support the Emission of Green Bonds? ??? Tuesday, December 3, 9-10 a.m. EST | 3-4 p.m. CET The fifth webinar of the PDM Network entitled How Can Green Budgeting Support the Emission of Green Bonds? will be held on Tuesday, December 3rd, 9-10 a.m. EST | 3-4 p.m. CET. Our expert panel includes Camila Vammalle, Senior Policy Analyst in the Public Management and Budgeting Division at the OECD, who will discuss the results of the OECD Survey on Green Budgeting and the forthcoming paper “Beyond Green Tagging: Linking budgets better with climate goals”. Joining her will be Victoire Corre, Responsible for Sustainable Finance at the French Treasury, 'Maria Paz Gutierrez', Head of the Sustainable Finance Office at the Ministry of Finance of Chile, and María del Carmen Bonilla.., Head of the Public Credit Unit?at the Ministry of Finance of Mexico, who will share their countries’ perspectives. Webinar Description: Public sector green and sustainability bonds are developing rapidly. These bonds offer significant potential benefits for advancing climate policies by potentially increasing the availability of funds and lowering financing costs. However, they require sophisticated compliance mechanisms to ensure they are indeed allocated to environmentally beneficial projects. Green budgeting involves using the budgetary framework and tools to assess and improve alignment of public finances with environmental and climate objectives and strategies. By enhancing transparency and accountability, green budgeting helps assess how well public spending aligns with green and climate goals, therefore acting as a signal of the commitment of the issuer to sustainability and climate goals and enhancing their environmental reputation. This webinar will explore how green budgeting, in particular tools like green budget tagging, can support the issuance of green bonds and foster the growth of this market. During the event, you will have the opportunity to ask questions through a dedicated Q&A box. Please note: This webinar is exclusively for PDM Network subscribers. If you are not a subscriber yet, please fill the form for free ???https://bit.ly/4bvlmh9?A registration link will be emailed to our subscribers. Ministero dell'Economia e delle Finanze OECD - OCDE The World Bank Treasury (IBRD ? IDA) #greenbonds #greenbudgeting #greenbudgetagging #climategoals #environmentalgoals #accountability #transparency #climatemitigation #climateadaptation #performancebudgeting #budgetallocations ?#SustainableFinance #ClimateAction #GreenTransition #SustainableDevelopment

?? Just released our Q3 2024 Labeled Sustainable Bond Market Update: ?The labeled sustainable bond market reached USD 921 billion in issuance as of September 2024, likely to cross USD 1 trillion by year-end. ?Emerging markets represent 16% of total issuance. ?Sovereign issuances in Q3 2024 were USD 16 billion, with 57 sovereigns now active in the market. ??Read more in our Q3 market trends newsletter: https://lnkd.in/db83B-vP The World Bank Treasury (IBRD ? IDA) Sustainable Finance and ESG Advisory Program works with emerging market public sector issuers to help them access this booming market, and with financial regulators to help them create the financial eco systems in which supply can match demand. #SustainableFinance #GreenBonds #EmergingMarkets

??We are hiring?? The Pension Investments team is looking for another Investment Analyst. Please help us spread the word! ??#ApplicationDeadline: 12/6/2024?at 11:59pm *UTC* ??#Location: Washington, DC, United States ??#ApplyHere: https://lnkd.in/dJBCw8aZ The Pension and Endowments Department, which is part of the Treasury Vice Presidency, is responsible for the financial management and administration of the World Bank Group's funded benefit plans, including the retirement scheme - the Staff Retirement Plan, the retiree medical and life insurance programs - the Retired Staff Benefits Plan, and other ancillary benefits. This Investment Analyst position is intended at this stage for the Private Equity Asset Class team. The team is primarily responsible for investing and managing the Private Equity portfolio, which includes fund investments across various strategies including, Buyout, Growth, Venture Capital, Secondaries and Co-investments. The Investment Analyst’s responsibilities, as a member of the Private Equity Asset Class team, will include, among others, preparing Investment Committee materials, supporting due diligence activities, monitoring the portfolio and market developments, and assist with other activities as needed across the pension investment team.?

??We are hiring?? The Pension Investments team is looking for an Investment Analyst. Please help us spread the word! ??#ApplicationDeadline: 12/6/2024?at 11:59pm *UTC* ??#Location: Washington, DC, United States ??#ApplyHere: https://lnkd.in/dCaySzPs The Pension and Endowments Department, which is part of the Treasury Vice Presidency, is responsible for the financial management and administration of the World Bank Group's funded benefit plans, including the retirement scheme - the Staff Retirement Plan, the retiree medical and life insurance programs - the Retired Staff Benefits Plan, and other ancillary benefits. This position is for the Emerging Markets Equity and Fixed Income (EM-FI) team. The Investment Analyst’s responsibilities, as a member of the EM-FI team, will include, among others things: portfolio construction; manager selection; assessing tactical allocations within developing equity markets; monitoring the portfolio of existing managers; preparing Investment Committee materials; supporting due diligence activities; monitoring the portfolio and market developments; and assist with other activities as needed across the pension investment team.

??HIRING -The World Bank Treasury (IBRD ? IDA) ?? We are looking for a Financial Officer! Please apply or help us spread the word. ??#ApplicationDeadline: 11/15/2024 at 11:59pm UTC ??#Location: Washington, DC, United States ??#ApplyHere: https://lnkd.in/gHgAc78F Do you want to build a career that is truly worthwhile? With us, you won't just work in financial markets: you'll help create new ones. We are searching for a Financial Officer who will be a member of CMI’s Asset Liability Management and Policy Team (CMIAP). #RolesResponsibilities: * Provide assessment, thoughts, and insights to The World Bank Treasury (IBRD ? IDA) (TRE) management on relevant accounting standards, financial reporting, and bank policy related to new structures and initiatives. * Act as a liaison between TRE and other areas in finance, legal, trust funds, and other departments to ensure TRE is represented as bank-wide initiatives are developed, and accounting policy is crafted. * Provide in-depth analytical insights and assess the impact of new initiatives on overall credit rating evaluations. Provide feedback to credit agencies on methodology changes. * Develop and maintain relationships throughout the finance complex to stay updated on changes in bank policy and accounting standards. * Liaison with credit rating agencies.?Ensure the accuracy and reliability of financial data submitted to credit rating agencies. #KeyCriteria: *A degree in accounting or a related field is required. CPA or equivalent required. *7 years+ work experience in conducting accounting and auditing analysis; Prior experience in accounting or finance roles is beneficial. Big 4 or Credit Rating Agency experience is a plus. *Knowledge of GAAP accounting standards is required. *Understanding of capital markets, credit agencies, financial, debt and ALM risk management strategies. *Strong quantitative, organizational, and research skills. *CFA and/or FRM are a plus. *Strong computer skills, high command of Microsoft Office, and advanced analysis software. Learn more and apply here ??https://lnkd.in/gHgAc78F

Countries often face unexpected financial challenges that can strain their budgets. Economic downturns, sudden drops in commodity prices, or shifts in global trade can quickly deplete a nation's resources. The World Bank supports countries with tools to provide a financial safety net for government budgets or projects. These products work like a flexible line of credit, allowing countries to secure funds in advance but only use them when needed. For example, we helped strengthen Colombia’s resilience to disasters, climate change, and health risks during the COVID-19 pandemic. Read more here> https://lnkd.in/ehuaeWEN #ContingentFinancing

#RAMP

2025 Summer Internship Applications Update : Thank you to everyone who applied! We sincerely appreciate your interest and the time you dedicated to your applications. Our team is actively reviewing submissions, and we will update each candidate as we move through the selection process. Final updates are anticipated before the December holidays. Please know that each application is carefully reviewed by a member of our team, and we are grateful for your patience throughout this process. For all information about the program, please visit our website: https://lnkd.in/dF2Jc-TZ

Among many milestones achieved as part of our evolution agenda, the 2024 Annual Meetings also highlighted recent actions taken that will generate around $150 billion in additional financing capacity over the coming decade. Read a wrap up of the annual meetings here> https://lnkd.in/epDSvumn