MDB Common Approach to Measuring Jobs Outcomes

WASHINGTON, APRIL 16, 2026- The following Multilateral Development Banks (MDBs) have agreed to closer collaboration on a common approach to measuring the impact of our operations on creating more and better jobs. To achieve this, we will deepen coordination and partnership across countries, MDBs, the private sector, and other stakeholders.

The work will be iterative and refined by MDBs based on lessons learned, individual mandates, and latest best practice. This process will also be informed by dialogue with stakeholders, including the International Labour Organization (ILO), to ensure that discussions reflect the quality of jobs created.

Our goal is to advance our collective understanding of the best pathways for job creation and workers' earnings in each region and context, to help drive growth and improve livelihoods in our countries of operation. Creating more and better jobs lifts households out of poverty, improves social cohesion and reduces vulnerability. The quality of jobs is an essential dimension of this effort. Our collaboration will help support better policy dialogue and stronger project design, to deliver more and better jobs.

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AfDB: African Development Bank

ADB: Asian Development Bank

AIIB: Asian Infrastructure Investment Bank

CDB: Caribbean Development Bank

CEB: Council of Europe Development Bank

EBRD: European Bank for Reconstruction and Development

EIB: European Investment Bank

IDB Group: Inter-American Development Bank Group

IsDB: Islamic Development Bank

NDB: New Development Bank

WBG: World Bank Group

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Contacts:

World Bank Group Media Relations: (202) 473-7660, [email protected]