The World Bank mobilized $112 billion in private capital for developing countries in the year through June 2026, up from $69 billion a year earlier and more than three times the fiscal 2022 level. The private funding came alongside $123 billion in World Bank Group lending, bringing total mobilized financing to $235 billion. President Ajay Banga said the institution aims to more than double annual private-capital mobilization to above $200 billion within two to three years. The strategy addresses large funding needs in energy transition, education, healthcare, agriculture and other sectors as donor countries face fiscal constraints and official development assistance declines. The bank is standardizing and packaging projects to make emerging markets more accessible to pension funds, insurers and asset managers, while using guarantees and anchor investments to reduce risk. More than half of combined lending and private-capital mobilization is directed toward infrastructure and energy, agribusiness, health, tourism and high-value-added manufacturing. Mobilization for low-income countries has remained roughly flat at about $3 billion over four years, while flows to lower-middle-income countries nearly tripled, highlighting concerns that private funding is concentrating in relatively lower-risk markets.