In fiscal year 2021 The World Bank Group (WBG) disbursed about $3.6 billion dollars ofTrust Fund contributions through development partners, IBRD, IDA and the IFC. Trust fund resources complement World Bank operations, expanding their scope and reach and supporting their quality. They promote increased development effectiveness and enable the World Bank to provide assistance when its ability to lend is limited, including in fragile and emergency situations, and for countries in arrears and to non-member countries. Trust Funds also contribute to the World Bank’s knowledge agenda by financing close to two-thirds of its advisory services and analytics products as well as technical advisory services for clients. Trust Funds attract new sources of finance and promote innovative financial solutions in support of the global public goods agenda, including combating climate change and addressing the challenges of fragility, conflict, violence, forced displacement and pandemics.
Tag Archives: Trust Funds
Where does the money go? Examining public spending in Afghanistan
Public spending in Afghanistan is equal to more than half of the economy’s output..
With such high levels of public spending, it’s worth understanding where all that money is going. We try to provide some answers in our new Public Expenditure Update. Continue reading
Applications open for third round of funding for collaborative data innovation projects
This initiative is supported by the World Bank’s Trust Fund for Statistical Capacity Building (TFSCB) with financing from the United Kingdom’s Department for International Development (DFID), the Government of Korea and the Department of Foreign Affairs and Trade of Ireland.
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