Region: Global
Country: Global / Non-Specific
Topic: Financing and Risk Mitigation
Keywords: Asset Recycling, Funding and Financing
Document Link(s):
Document Summary:
This Guide provides a brief overview of World Bank Trust Funds2 —what they are, what they fund, and the operating environment in which they are managed. It also describes the Umbrella 2.0 Program, an approach to organizing and managing trust funds for greater development impact.
This Guide highlights and provides links to key policies underpinning implementation of activities carried out by the World Bank or by recipients of its funds—policies that apply equally to activities funded by trust fund contributions.
Document Details:
The complexity and urgency of the world’s challenges require meaningful collaboration among members of the development community and other stakeholders if the goals of ending extreme poverty and promoting shared prosperity are to be realized.
The World Bank works with a growing number of development partners from around the world to deliver on its strategy and to contribute to the achievement of the Sustainable Development Goals. From the international coalition of donors and clients that constitute IDA, through engagement with United Nations agencies, international nongovernmental organizations, foundations, and civil society, to an increasing focus on engaging private capital, the World Bank recognizes the transformative power of partnership when new ideas, perspectives, and experiences are combined with the necessary financial resources
Updated: August 3, 2023