As noted in the World Bank's press release, in fiscal year 2026, the World Bank Group mobilized more private capital than in any other year in its history and provided a record amount of guarantees to protect investors and lenders from certain risks. This helped achieve a goal that the Group's member countries and clients had been calling for over many years: to channel more private capital into developing countries in addition to the Group's own financial and expert support. Over the past four years, the volume of private capital mobilized by the World Bank Group has more than tripled—from $35 billion in fiscal year 2022 to $112 billion in fiscal year 2026. Together with the Group's own financing, the total amount of funds channeled and mobilized by the Group in developing countries exceeded $200 billion in fiscal year 2026. Growth in private capital mobilization was observed across various country groups. In lower-middle-income countries, the volume of mobilized private capital increased from $14 billion in fiscal year 2022 to $37 billion in fiscal year 2026—nearly tripling. In upper-middle-income countries, this figure rose from $12 billion to $50 billion, while in low-income countries, where attracting private capital is particularly challenging, the volume of private capital mobilization remained at around $3 billion. And in Africa, this figure rose from approximately $9 billion to $22 billion. These results stem from three years of reforms within the World Bank Group aimed at improving the effectiveness of engagement with the private sector. Specifically, work processes were accelerated and streamlined; closer coordination was established between the Group's units working with the public and private sectors; and the range of financial instruments available to investors was expanded. The World Bank Group provided guarantees protecting investors and lenders from certain risks, totaling more than $25 billion, thereby exceeding the target of $20 billion in guarantees per year—which was planned to be reached by 2030—four years ahead of schedule. "Three years ago, our member countries and clients set a clear goal: to use the World Bank Group's financing and expertise to mobilize more private capital and strengthen our partnership with the private sector. To do this, we changed our approach—we began to act faster and more efficiently by combining the efforts of all World Bank Group organizations," said World Bank Group President Ajay Banga. "As a result, this year we have mobilized $112 billion—more than three times the initial level. But this figure is meaningful only if the capital is directed where it can help create economic opportunities and jobs. Our next task is to continue removing barriers to private-sector growth, expand the pool of investors, and channel more and more capital into developing countries," emphasized the World Bank Group President. In fiscal year 2026, these sectors with high job-creation potential accounted for 55% of total financing—both from the World Bank Group's own resources and from mobilized private capital. These funds helped translate improvements in the enabling environment and policy measures into private investment, business development, and job creation. At the same time, private capital is directed not only to markets most accessible to investors but also to lower-income countries, where regional and local investors are playing an increasingly prominent role alongside international capital in financing enterprises and creating jobs. Currently, the World Bank Group aims to build on these achievements and expand the pool of participating investors. Under the "originate-to-distribute" (O2D) model—in which assets are developed and then distributed to investors—the Group is developing mechanisms to bundle investments and attract institutional investors on a larger scale. This will make it possible to channel more long-term capital from various sources around the world into investment projects in developing countries. The goal is simple: to mobilize more capital from a greater number of sources and direct more of these funds toward creating jobs and economic opportunities. // 21.09.2026 — InfoMarket