Source: Government of Canada – MIL OSI National News
The International Development Association (IDA) is the World Bank Group’s principal financing tool for the world’s poorest countries, providing them with zero and low-interest loans and grants. One hundred and seventy three member countries oversee the support IDA provides to 74 of the world’s poorest countries. IDA development activities include investments in primary education, basic health care, clean water and sanitation, infrastructure, and other activities that promote equality, economic growth, and better living conditions. All IDA lending is subject to safeguard policies aimed at ensuring that projects do not inadvertently harm people and the environment. For more information, visit the Environmental and Social Framework website.