Tag Archives: RVO

Did you know? (1)

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We started the NL4WorldBank blog about 6 months ago, with the first blog post being published on the 22nd of August 2014. Since then we have covered a xAgXKSeZwide range of topics focusing on the World Bank Group: from the ongoing reorganization to a description of the various World Bank Group pillars like the IFC and the MIGA, as well as eConsultant2 tenders to early-stage flagging of pipeline projects.

Six months after our first post, we have now published over 100 blog posts. Therefore, we believe it is time for a recap of some of the information and figures we have presented over time. Without further ado, here is ‘Did you know – 1’ (yes, more to follow):

  • … the Netherlands is represented by Mr. Frank Heemskerk in the World Bank Group Board of Directors? Mr. Heemskerk not only represent the Netherlands, but also 12 other members of our constituency.
  • … the IBRD gets its capital on the market? Just like the IFC, the IBRD raises money on the financial market and lends it to borrowing countries at a slightly higher interest rate. As the IBRD has had a AAA credit rating since 1959, it is considered more creditworthy than the borrowing countries. For example (not real numbers): country X has a poor rating and can borrow at 7% interest rate. However, the IBRD borrows money at only 2%. As the IBRD is willing to borrow money to country X at 2.3%, country X can make important investments in its economy without paying a huge interest rate.
  • … the IFC and IBRD both make a profit? This is then transferred to IDA, the fund for the poorest countries. This fund is periodically replenished by its donors, of which the Netherlands is one.
  • … that World Bank financed projects are tendered via local organizations, usually the local (regional) government or an independent project authority. Although World Bank guidelines on procurement must be met when a project is (partially) financed by the World Bank, the local organization is responsible.
  • … the World Bank is near the end of a process of reorganization, resulting in new thematic Global Practices and Cross-Cutting Solution Areas?
  • … the Country Assistance Strategy (CAS) and Country Partnership Strategy (CPS) are slowly phased out and replaced by the Country Partnership Framework (CPF), based on a Systematic Country Diagnostics?

Just a quick grasp of information for you to keep in mind when you read about the World Bank and especially when you want to do business with the World Bank Group!

Analysis of the Indian power market and offtake possibilities for Nepalese producers: # 1176350

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See full tender here : Analysis of the Indian power market and offtake possibilities for Nepalese producers

Expression of Interest Deadline: 26-Mar-2015 at 11:59:59 PM (EST)

eConsultant2 website: https://wbgeconsult2.worldbank.org

Tender notification: # 1176350 Continue reading →

Study on Water Supply and Sanitation Service Delivery in Peri-Urban Areas – # 1175840

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See full tender here:  Water Supply and Sanitation Service Delivery in Peri- Urban Areas

Expression of Interest Deadline:  26-Mar-2015 at 11:59:59 PM (EST)

eConsultant2 website: https://wbgeconsult2.worldbank.org

Tender notification: # 1175840 Continue reading →

WB keeping track of its targets

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Since President Kim took the reigns at the World Bank in 2014, the organization has set itself very clear goals. The main goal of the World Bank is to rid the world of poverty, and to boost shared prosperity. Now they have found a transparent way to communicate the progress. The tool that has been developed is the Presidents Delivery Unit, or ‘PDU’. “The PDU is dedicated to helping the World Bank Group institutions define, monitor, and communicate progress on corporate priorities.”

See the tool here.

Want to know how the tool works? Click here.

 

 

Registration open: Annual Energy Sector Mission (4-7 May)

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AnnouncementThe Private Sector Liaison Officers (PSLO) Network invites you to
mark your calendars for May 4 – 7, 2015 for a joint mission focusing on the
energy sector opportunities at the International Financial Institutions
specifically designed to provide an opportunity for the privatesector to:

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Further developing the Netherlands-World Bank Group relationship

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The World Bank is a global entity known for its proactive development efforts. In order to reach its goal of ‘ending poverty’ worldwide, the World Bank needs all the help it can get. The World Bank, primarily a financial institution and secondarily a knowledge institution, therefore relies on local government, civil society, companies and donors to provide the   means, experience, knowledge and capacity to end poverty.

Since the inception of the World BankWB, the Netherlands has been a contributor to the Bank’s cause. The Netherlands was one of the first recipients of a World Bank loan, aimed to modernize and expand the fleet of the Royal Dutch Airlines, and has been a staunch supporter ever since. Today, we are ranked 7th among the development partners in terms of contributions to the WBG Trust Funds between 2009-2014, and are one of the largest contributors to IDA.

Given fiscal restraints in recent years, the Dutch Ministry of Foreign Affairs has sought to ensure an even bigger development bang for each buck. Over the last few years we have refocused our development coordination strategy to several core fields. In early February, policy meetings were held between the Netherlands and the World Bank in which this renewed focus was agreed upon: “[The World Bank Group and the Netherlands] agreed on strengthening their partnership in strategic priorities, finding new ways of working together, and exploring the implications of our partnership in light of the recent organizational changes within the World Bank Group”. The shining example of these partnerships is our cooperation in the field of water.

Continue reading →