The Global Corporate Governance Forum is a multi-donor trust fund co-founded by the World Bank Group and the Organisation for Economic Co-operation and Development (OECD) to promote global, regional, and local initiatives that aim to improve the institutional framework and practices of corporate governance, and housed in the joint IFC/World Bank Corporate Governance Department. The Forum promotes sustainable economic growth and poverty reduction within the framework of agreed international development targets.
Strengthening corporate governance is an essential part of creating the necessary climate for investment and economic development. Sound corporate governance practices can inspire investor and lender confidence and spur both domestic and foreign investment. The Forum focuses on practical, targeted corporate governance initiatives at the local, regional and global level.