The final push to end extreme poverty

The year 2015 is the most important for global development in recent memory. In July, world leaders will gather in Addis Ababa, Ethiopia, to discuss how to finance development priorities in the years ahead. In September, heads of state meet at the United Nations to establish the Sustainable Development Goals - a group of targets and goals set for 2030. And in December, countries will gather in Paris to work out an agreement on climate change.

This year has also seen the emergence of a major new player in development - the Asian Infrastructure Investment Bank led by China, with more than 50 countries and regions signing on as members. With the right environment, labor and procurement standards, the AIIB, and the New Development Bank established by BRICS countries, can become great new forces in the economic development of poor countries and emerging markets.

We hope these new institutions will join the world's multilateral development banks and our private sector partners on a shared mission to promote economic growth that helps the poorest.