Categories: International

World Bank Opens New Cybersecurity Multi-Donor Trust Fund

The World Bank has launched a new ‘Cybersecurity Multi-Donor Trust Fund’, to better roll out cybersecurity development agenda in a systematic manner. The new fund has been developed as an associated trust fund under the broader Digital Development Partnership (DDP) umbrella program.

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World Bank has partnered with four countries, namely Estonia, Japan, Germany, and the Netherlands, to launch the fund. The main aim of this new fund is to enhance cyber and digital security capability and capacity in World Bank member countries, with the development of global knowledge, country assessments, technical assistance, capacity building and training, along with necessary investments in infrastructure and technology.

Important takeaways for all competitive exams:

World Bank Headquarters: Washington, D.C., United States.
World Bank Formation: July 1944.
World Bank President: David Malpass.

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.