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2020 Trust Fund Annual Report

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Moving the Needle for Greater Impact

Trust funds are an integral part of the aid architecture. The WBG uses trust funds strategically to complement core funding from IBRD, Å·ÃÀÈÕb´óƬ, and IFC, and to support the achievement of the WBG¡¯s goals by providing sizable financial resources to specific development priorities, regions, and thematic focus areas. The 32 results stories spread throughout this report demonstrate how the WBG has been able to help its clients achieve greater outcomes and impacts through trust-funded operations over the past five years.


Message from the Vice President

Å·ÃÀÈÕb´óƬ Group (WBG) envisions a world in which no one lives in extreme poverty and everyone shares in its prosperity. Trust funds are a powerful tool for driving progress toward this vision. Trust funds provide timely financial resources that complement and scale up impact in WBG-funded operations. They contribute to the knowledge agenda and leverage the WBG¡¯s convening power and global and local presence to contribute to country, regional, and global development. Trust funds help countries move the needle on their development agendas and take steps toward achieving the Sustainable Development Goals.

Furthermore, IBRD/Å·ÃÀÈÕb´óƬ and IFC trust funds¡ªwith $13 billion of funds held in trust¡ªprovide predictable multi-year funding that helps deliver smarter and customizable development solutions for our clients and partners. From enhancing community access to digital financial services in Ghana to mobilizing investment in the Solomon Island¡¯s first utility-scale hydropower facility to scaling up market-based clean cooking programs across the world, WBG trust funds complement Bank resources and empower innovations in projects and programs worldwide. Read More ?

Akihiko Nishio
Vice President
Development Finance, World Bank Group

 


MULTIMEDIA

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Akihiko Nishio, Vice President, Development Finance


MULTIMEDIA

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Dirk Reinermann, Director, Trust Funds and Partner Relations

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Ethel Sennhauser, Director, Sustainable Development

What are the key takeaways from the TF portfolio roadmap exercise?

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Stefan G. Koeberle, Director, MNA Region

What is your strategy to implement the Umbrella 2.0 in your region?

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Rohit Khanna, Program Manager, ESMAP

What are some lessons learned from ESMAP Umbrella 2.0?

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Charlotte De Fontaubert, Manager, PROBLUE

Can you share some of your lessons from creating an Umbrella 2.0 program from scratch?

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Joel Kolker, Program Manager, GWSP

Why do you think an Umbrella 2.0 approach will make a difference in a Bank project in a country such as Haiti?

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Mei Leng Chang, Manager, Financial Management

What are the some of the exciting features of the FIF reform?

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Prasanna Lal Das, Team Leader, Vietnam Blockchain Project

How can digital innovations through the UTF improve outcomes for clients?