The World Bank's Integrity Compliance Office, utilizing a grant from the Republic of Korea’s Korea-World Bank Partnership Facility, launched the Integrity Compliance Knowledge Sharing Platform initiative in 2021. The Integrity Compliance Knowledge Sharing Platform aims to enhance integrity compliance and ethical behavior among beneficiaries through training and knowledge sharing, with the developmental goal of reducing the risk of fraud and corruption in World Bank-financed projects. To meet this objective, the platform hosts tailored eLearning courses, knowledge-guidance tools, and a document library that provides further information on best practices and tailored solutions.
The initiative aims to be for the common good and accessible to all interested entities. The target beneficiary groups are private-sector entities, with a focus on small- and medium-size enterprises (SMEs), as well as project implementation units, contracted support such as procurement agents, and World Bank member country agencies. The platform seeks to facilitate the assessment of the risks of fraud and corruption and support efforts to enhance integrity compliance among entities seeking to participate in World Bank-financed projects, as well as any other entities simply seeking to operate under ethical business practices. The platform is further intended to support risk mitigation efforts related to World Bank investment lending operations, such as by:
increasing the number of bidders who are aware of the World Bank's Integrity Compliance Guidelines and will incorporate integrity compliance programs into their business models,
encouraging greater awareness among companies, individuals, and project-implementation unit staff about the repercussions of engaging in fraud and corruption, and
thereby continually growing a pool of compliance-minded partners who have greater awareness of the real-life implications of fraud and corruption, including in fragile and conflict-affected situations, where integrity issues are often particularly acute.
This initiative aims to provide knowledge tools and eLearning courses that promote integrity compliance and ethical behavior among beneficiaries. Specifically, the initiative provides the following knowledge products:
The Korea-World Bank Partnership Facility (KWPF), established in May 2013, is an initiative to strengthen ties between Korea’s Ministry of Economy and Finance (MoEF) and the World Bank. The facility’s overall objective is to assist developing member countries of the World Bank in achieving inclusive and sustainable economic growth and to foster broader dialogue on economic development issues.Read More
The Integrity Vice Presidency (INT) is an independent unit within the World Bank that investigates and pursues sanctions related to allegations of fraud and corruption in World Bank-financed projects. INT supports the main business units of the World Bank and external stakeholders, mitigating fraud and corruption risks through sharing investigative findings, advice, prevention and outreach efforts, and integrity compliance work. INT reports directly to the President of the World Bank institutions and is under the oversight of the Audit Committee of the Executive Board. Read More