¶¹ÄÌÊÓƵAPP

• Trust funds are important tools to help the World ¶¹ÄÌÊÓƵAPP Group adapt to a fast-changing development finance landscape. Trust funds are used to engage non-governmental and private sector partners and link their knowledge and financing to the ¶¹ÄÌÊÓƵAPP Group¡¯s capacity to deliver solutions in client countries. Trust funds serve as a complement to IDA and IBRD financing.
• DFi is responsible for creating and disseminating the policies and business processes of trust funds. The unit helps develop and manage the ¶¹ÄÌÊÓƵAPP¡¯s partnership and trust fund business operations by serving as a liaison between external and internal clients on strategy, policy, program management, and best practices. DFi also facilitates the establishment of trust funds.
• DFi acts as trustee of large multilateral financial mechanisms to support global development initiatives and partnerships, known as . As FIF trustee, DFi provides financial services, including receiving, holding and investing contributed funds, and transferring them when instructed by the FIF governing body. Under some FIFs, the ¶¹ÄÌÊÓƵAPP also provides customized treasury management or other agreed financial services. FIF trusteeship does not involve overseeing or supervising the use of funds.
• DFi serves as trustee for close to 30 FIFs, including the , the , the Consultative Group on , the , the , the Pandemic Fund, and the .
• DFi oversees the World ¶¹ÄÌÊÓƵAPP¡¯s and the Trust Fund Reform, the World ¶¹ÄÌÊÓƵAPP¡¯s latest reform to transition the IBRD/IDA trust fund portfolio into fewer and larger . Umbrella 2.0 Programs promote impact at scale by strengthening the link between funding and the strategic priorities of the World ¶¹ÄÌÊÓƵAPP, its clients, and Development Partners.
• The unit is also responsible for cross-sectoral programmatic trust funds, including the Policy and Human Resource Development (PHRD), the Japan Social Development Funds (JSDF), the Korea-WBG Partnership Facility (KWPF), and the China World ¶¹ÄÌÊÓƵAPP Group Partnership Facility (CWPF).
• In addition, DFi is responsible for the development of investment strategies for funds held in trust and reporting and analysis of the concessional portfolio (See ).    
• In the area of partner relations, DFi helps maximize resources mobilized from traditional and new development partners. The unit leads high-level strategic consultations between the World ¶¹ÄÌÊÓƵAPP Group and its development partners. Through these consultations, DFi supports identification of shared development priorities and understanding of the opportunities presented by various World ¶¹ÄÌÊÓƵAPP Group funding channels. DFi also facilitates coordination among World ¶¹ÄÌÊÓƵAPP business units by providing early and regular reporting on fundraising activities.
• The unit also oversees, in collaboration with other corporate units, policies and procedures of co-financing arrangements, under which IBRD/IDA funds or guarantees are associated with funds provided by third parties for a particular project or program. The co-financing team supports operational teams to bring direct co-financing into their operations and more structured approach to co-financing.
• In the area of aid architecture, the unit leads the research, and preparation of materials to facilitate DFi¡¯s discussions with both internal and external stakeholders on the aid flows agenda.

Last Updated: Mar 03, 2023