The World Bank Group mobilized a record USD 112 billion in private capital in fiscal year 2026, more than triple the USD 35 billion recorded in fiscal year 2022. Together with its own financing, this brought total financing and mobilization in developing economies to well over USD 200 billion. The Group also issued more than USD 25 billion in guarantees, exceeding its annual 2030 target of USD 20 billion four years early. Mobilization rose to USD 37 billion in lower middle income countries and USD 50 billion in upper middle income countries, while remaining at about USD 3 billion in low income countries. Across Africa, it increased from approximately USD 9 billion in fiscal year 2022 to USD 22 billion. The Group attributed the growth to closer coordination of its public and private sector operations, expanded guarantees and local currency financing, measures addressing foreign exchange barriers, and broader equity and institutional investor tools. About 55% of total financing and mobilized capital went to five sectors targeted for their job creation potential: infrastructure and energy, agribusiness, health care, tourism, and value added manufacturing. The Group is developing an originate to distribute model to package investments for institutional investors and bring more long term capital into developing economies.