FULL LIST: World Bank reduces progress indicators from 150 to 22

The World Bank has streamlined its method of tracking progress by reducing the number of indicators on its corporate scorecard from 150 to just 22.

This simplified approach, announced by World Bank President Ajay Banga, on Thursday, aimed to sharpen the institution’s focus on critical global development challenges.

The new set of indicators is designed to emphasise output and enhance accountability, aligning the bank’s efforts with its mission to end extreme poverty and sustainably promote shared prosperity.

“It’s much more oriented on output,” he said, according to AFP. “It’s not about reducing our ambition. It’s about sharpening our focus.”
PUNCH Online reports that information on the World Bank Group website highlighted the 22 indicators, reading, “We are embarking on a journey to achieve stronger development outcomes. Our new Scorecard is at the core of this effort and will provide a yardstick to measure how we deliver on our mission to end extreme poverty and boost shared prosperity on a livable planet. The scorecard reinforces our focus on accountability and impact.”

At the heart of the scorecard are results indicators that track the WBG’s progress on some of the most critical global challenges.

Discover how the World Bank has reduced its progress indicators from 150 to 22 under Banga, focusing on critical global challenges like poverty, education, health, and climate sustainability:
A post on the bank’s X account on Thursday read, The new #WorldBankGroup Scorecard provides a yardstick to measure how we deliver on our mission to end extreme poverty and boost shared prosperity on a livable planet, helping us be more transparent and accountable to strengthen the impact of our work.”