The Facility,” n.d.). The World Bank alone also created

The
World Bank was established in 1944.The World Bank group constitute with 5
international organizations such as the International Bank for Reconstruction
and Development (IBRD), the International Development Association (IDA), the
International Finance Corporation (IFC), the Multilateral Investment Guarantee
Agency (MIGA), and the International Centre for Settlement of Investment
Disputes (ICSID). It is the largest development bank in the world and
specifically targeting on developing countries in helping to fight the poverty
with sustainable solution. Some of its Millennium Development Goals are to
reduce extreme poverty and ensure the environment sustainability. Over the last
few decades, The World Bank has contributed and created many environmental
programs and policies to reduce the pollution and prevent the natural
resources, watersheds, landscape, and seascapes from being destroyed by
individuals and industries because environment is the key point in increasing
economic growth and human wellbeing. It roles in global environmental
governance are as follows: The World Bank group is the partner of the Global
Environment Facility (GEF) and playing some major roles as the trustee of
the GEF and related trust funds; as one of the original implementing Agencies
of GEF-funded projects; and providing administrative services as the host of
the functionally independent GEF Secretariat (“World Bank Group’s
Partnership with the Global Environment Facility,” n.d.). The World Bank
alone also created many programs in order to protect the environment.  There is the Pollution Management and
Environmental Health Program. This program aims to solve the problem in the
countries which severely impact by pollution. For example, from 2009-2016, IBRD
and IDA contribute around US$6.5 billion in pollution management and
environment health resulting in reducing air pollution in Mongolia and decrease
pollution in China’s rivers