Experts at the University of Birmingham’s Institute for Global Innovation (IGI) and the World Bank are working together to find innovative solutions to end extreme poverty and promote prosperity.

The two institutions have signed a Memorandum of Understanding (MoU) that aims to foster co-operation in tackling some of the world’s most pressing challenges.

Sandie Okoro, World Bank Senior Vice President and Group General Counsel, and Professor Hisham Mehanna, IGI Director signed the MoU during a visit coinciding with the World Bank Legal Vice Presidency Law, Justice and Development Week.

This is an annual knowledge sharing event that explores how law and justice contribute to better development outcomes to help achieve the World Bank Group Twin Goals of ending poverty and boosting shared prosperity.

"As a leader in development, the World Bank is constantly searching for innovative solutions to end extreme poverty and promote prosperity that benefits all. Our partnership with the Institute for Global Innovation is a significant step forward in finding those cutting-edge solutions,"

said Sandie Okoro, an alumna of the University of Birmingham.

Following the signing ceremony, representatives from the four main IGI thematic research groups held meetings with research teams from across the World Bank focused on Resilient Cities, Water, and Gender Equality.

"This marks a landmark agreement for the Institute of Global Innovation and the University of Birmingham. Our commitment to finding solutions that enhance global development is one that is shared by the World Bank, and this pledge to combine our expertise to advance each other’s work is tremendously exciting,”

said Professor Hisham Mehanna.

The World Bank and IGI have agreed to continue discussions on areas of joint interest and explore possible research initiatives over the coming months.