Over the past year, the World Bank Group Executive Directors have engaged with World Bank Group leadership about persisting global crises and the urgent need for approaches to restore progress toward the Sustainable Development Goals. More than 574 million people are projected to be living in extreme poverty by 2030, most of them in Africa.More broadly, nearly half the world — over 3 billion people — lives on less than $6.85 per day. Spillover effects from the COVID-19 pandemic, Russia’s invasion of Ukraine, and extreme climate events are among the major issues on which the Executive Directors led World Bank Group interventions to support countries, including a focus on opportunities for women and young people. From July 2022 to June 2023, support from the World Bank Group for developing countries totaled $122.9 billion, including $38.6 billion from IBRD, $34.2 billion from IDA, $43.7 billion (including mobilization) from IFC, and $6.4 billion in guarantees from MIGA.At the Annual Meetings in October 2022, Development Committee members asked the World Bank Group to review its vision, mission, and operating and financial models to enhance the institution’s capacity to respond to global challenges. In response, the World Bank Group created the Evolution Roadmap, with the aim of better addressing the scale of challenges facing the world today. The Roadmap provides a basis for World Bank Group management and the Board to discuss priorities for the institution’s evolution and begin to implement collective reform.