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VideoSeptember 25, 2020

World Bank Trust Fund Reform & Umbrella 2.0 Programs

Trust funds enhance the World Bank¡¯s capacity to support delivery of results in our client countries. They provide resources to advance work on global public goods, fragile and conflict-affected states, disaster prevention and relief, global and regional partnerships and knowledge and innovation.The current round of trust fund reforms, including the introduction of the ¡°Umbrella 2.0¡± instrument, seeks to strengthen the link between funding and strategic priorities, and to improve efficiencies in management and administration of trust fund resources. The aim is to structure the Bank¡¯s trust fund portfolio around fewer, larger umbrella 2.0 programs.