Welcome to the website of the Nordic and Baltic office at the World Bank Group. I am the Executive Director (ED) at the World Bank Board representing Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.
The Nordic and Baltic countries have played an active role since they joined the World Bank Group. The Nordics joined the Bank in the mid 1940s and early 1950s and have played an important role as donor countries, in particular supporting the poorest countries through the IDA. The three Baltic countries all joined the Bank in 1992 after regaining their independence. The Baltics have since gone through a successful transition period culminating in their recent graduation from a borrowing status at the Bank. All three are now in the process of joining IDA as new donors.
The Nordic and Baltic countries (NBCs) play an important role in the governance of the World Bank Group. The NBCs representatives engage in consultations and negotiations with other shareholders in order to play a constructive part in the oversight and governance of the institution.
In our view, the World Bank Group remains a premier development institution and many features, priorities, and policies that have grown to be dear to the Nordic-Baltic constituency have also come to characterize the World Bank:
· A holistic approach to development
· Justice and fair income distribution
· An effective and just state
· Social and environmental aspects of development
· The rights of children and women, and
· Advocating for the poor, with a particular focus on Africa
With such signposts we have therefore been in a position to support the Bank in its efforts in promoting growth and reducing poverty in the developing world.