The World Bank Group is an international financial institution that provides financial and technical assistance to developing countries. Its main goal is to reduce poverty and promote sustainable economic development. The group consists of five institutions, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which offer loans, grants, and expertise to help countries improve their infrastructure, education, and healthcare systems. Founded in 1944, the World Bank Group plays a crucial role in global development efforts. It works with governments, private sector partners, and civil society to address challenges such as climate change, inequality, and economic instability. By supporting projects and initiatives, the group aims to create lasting positive impacts on the lives of people in developing nations.