World Bank Group COVID-19 Crisis Response Approach Paper - June 2020 - Saving Lives, Scaling-up Impact and Getting Back on Track

Jul 19, 2026

World Bank Group presents a COVID-19 crisis response approach paper dated June 2020, defining an exceptional, multi-pillar framework to save lives and protect poor and vulnerable people while maintaining sustainable business growth and jobs. It outlines an operational approach across relief, restructuring, and resilient recovery, supported by knowledge, learning, and innovation. The paper also details World Bank and IFC financial capacity, country financing needs, and mechanisms for a coordinated international response, including policy and institutional actions for rebuilding better.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages62

Reading Time2 h 36 min

AccessFree to download

Executive Summary

Introduction - An Exceptional Response to an Unprecedented Crisis

An Unprecedented Crisis

Proposed Framework for WBG Crisis Response

Three Stages of Crisis Response – Relief, Restructuring and Resilient Recovery

Knowledge, Learning and Innovation for Crisis Response

Pillar 1 - Saving Lives

Pillar 2 - Protecting Poor and Vulnerable People

Pillar 3 - Ensuring Sustainable Business Growth and Job Creation

Pillar 4 - Strengthening Policies, Institutions and Investments for Rebuilding Better

Operational Approach for WBG Crisis Response to COVID-19

World Bank Group Financial Capacity

Building a Coordinated International Response to the COVID-19 Pandemic

Conclusion and Issues for Discussion

Annexes

Disc losure Authorized Public Disclosure Authorized Public Pub lic Disclosure Authorized Pub lic Disclosure Authorized Saving Lives, Scaling-up Impact and Getting Back on Track World Bank Group COVID-19 Crisis Response Approach Paper June 2020 Contents [Executive Summary](Executive Summary ............................................................................................................................... vi)[ ............................................................................................................................... vi](Executive Summary ............................................................................................................................... vi) [Introduction](Introduction) – An Exceptional Response to an Unprecedented Crisis .............................................. 1 I. An Unprecedented Crisis ................................................................................................................... 4 II. Proposed Framework for WBG Crisis Response......................................................................... 12 Three Stages of Crisis Response – Relief, Restructuring and Resilient Recovery........................... 12 Knowledge, Learning and Innovation for Crisis Response.............................................................. 14 Pillar 1-Saving Lives ........................................................................................................................ 16 Pillar 2-Protecting Poor and Vulnerable People ............................................................................ 18 Pillar 3-Ensuring Sustainable Business Growth and Job Creation............................................... 22 Pillar 4-Strengthening Policies, Institutions and Investments for Rebuilding Better................... 27 Macroeconomic Stability and Transparent Debt Management ....................................................... 33 Engaging Clients ................................................................................................................................ 36 III. Operational Approach for WBG Crisis Response to COVID-19.............................................. 38 IV. World Bank Group Financial Capacity ...................................................................................... 43 Country Financing Needs.................................................................................................................. 44 World Bank Financial Capacity ........................................................................................................ 45 IFC Financial Capacity ..................................................................................................................... 47 V. Building a Coordinated International Response to the COVID-19 Pandemic..........................48 VI. Conclusion and Issues for Discussion .......................................................................................... 49 Annex 1. Maintaining a Line of Sight from Relief to Recovery............................................................ 50 Annex 2. Selection of WBG COVID-19 Reference Material................................................................ 51 List of Figures Figure 1a-1b. COVID19 Mobility Restrictions…………………………………………………………….4 Figure 2. Global growth scenarios………………………………………………………………………….5 Figure 3. Remittances to low-and middle-income countries………………………………………………5 Figure 4. Commodity price change since January………………………………………………………….6 Figure 5. Oil prices………………………………………………………………………………………....6 Figure 6. Equity markets and borrowing costs……………………………………………………………..6 Figure 7. EMDE portfolio flows…………………………………………………………………………....6 Figure 8. The Impact ofCOVID-19 on Global Poverty ($1.90/day)……………………………………….8 Figure 9. Unconventional monetary policy in AEs and EMDEs………………………….……………….10 Figure 10. WBG COVID-19 Crisis Response o

FAQs

What are the three stages of the World Bank Group COVID-19 crisis response?

The approach is structured into three stages: relief, restructuring, and resilient recovery.

Which four pillars guide the crisis response?

The framework focuses on saving lives; protecting poor and vulnerable people; ensuring sustainable business growth and job creation; and strengthening policies, institutions, and investments for rebuilding better.

How does the paper describe financial capacity for the response?

It covers World Bank and IFC financial capacity, including country financing needs and the instruments used to support COVID-19 crisis response.

Jul 19, 2026

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