
WORLD BANK GROUP
Bridging the Climate–Finance Divide in Coastal Cities
Reforming dollar-based lending (assessing different outcomes surrounding the strength of the us dollar’s position as the primary currency internationally)
About this Committee
The World Bank is an international development institution, run by 189 countries, to increase prosperity and reduce poverty, particularly in developing countries. This is achieved by low-interest loans, credits, and grants that support infrastructure building and enhancing sustainable projects in key areas, such as education and healthcare. Delegates, like in general committees, serve as the representation for their respective member countries to discuss global economic issues and create potential resolutions. The voting, however, is given to each delegate based on the number of shares each delegate’s country has in the World Bank’s capital shares, in addition to basic votes. This rich tradition of international aid and financial diplomacy from the World Bank began on July 4th, 1944, and continues today not only in Washington D.C. (its current headquarters’ location), but in Houston, here at the Houston Area Model United Nations.


