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AGUIDEFORDEVELOPMENTPARTNERS

PARTNERINGWITHTHEWORLDBANKTHROUGHTRUSTFUNDS

ANDUMBRELLA2.0PROGRAMS

TrustFunds&PartnerRelations

October2023

AbouttheWorldBank

TheWorldBank,1comprisingtheInternationalBankforReconstructionandDevelopment(IBRD),whichlendstogovernmentsofmiddle-incomeandcreditworthylow-incomecountries,andtheInternationalDevelopmentAssociation(IDA),whichprovidesfinancingonhighlyconcessionaltermstogovernmentsofthepoorestcountries,isoneofthelargestsourcesofdevelopmentfinanceandexpertiseglobally.Workinginalmostallthematicandsectoralinternationaldevelopmentareas,itmadecommitmentsofUS$72.8billioninitsfiscalyear2023(FY2023)fromJuly2022toJune2023.

TheWorldBankisheadquarteredinWashington,D.C.,USAandoperatesinmorethan140countriesworldwide.InFY2023,itemployednearly13,100full-timestaff(53.2percentofthemwomen)andabout6,000full-timeequivalentshort-termconsultants/temporaries.

TheWorldBank’sorganizationalstructureisdesignedtosupportdeliveryofitsstrategyandprograms.TechnicalstaffareorganizedintofourPracticeGroupsandsevenRegionalVicePresidencies.ThePracticeGroups—HumanDevelopment;EquitableGrowth,FinanceandInstitutions;SustainableDevelopment;andInfrastructure—houseGlobalPracticeunits(technicalareasofexpertise),whiletheRegionalVicePresidencies—EasternandSouthernAfrica;WesternandCentralAfrica;EastAsiaandthePacific;EuropeandCentralAsia;LatinAmericanandtheCaribbean,MiddleEastandNorthAfrica,andSouthAsia—houseCountryManagementUnits.TechnicalstaffareprofessionallymappedtoPracticeGroupsandorganizationallyassignedtoRegionalVicePresidencies.Unitsdeliveringcorporateservicesandfunctionssupporttheseunits.AsofJune2023,98percentofCountryDirectors/CountryManagersand49percentofstaffarebasedinsevengeographicregions.

Mission

Toendextremepovertyandboostsharedprosperityonalivableplanet.

1-Throughoutthereport,thetermWorldBankandtheabbreviatedBankreferonlytotheInternationalBankforReconstructionandDevelopment(IBRD)andtheInternationalDevelopmentAssociation(IDA);thetermWorldBankGroupandtheabbreviatedBankGrouprefertothefiveinstitutions:IBRD,IDA,theInternationalFinanceCorporation(IFC),theMultilateralInvestmentGuaranteeAgency(MIGA),andtheInternationalCentreforSettlementofInvestmentDisputes(ICSID).

DevelopmentFinance(DFi)i

AboutthisGuide

ThisGuideprovidesabriefoverviewofWorldBankTrustFunds2—whattheyare,whattheyfund,andtheoperatingenvironmentinwhichtheyaremanaged.ItalsodescribestheUmbrella2.0Program,anapproachtoorganizingandmanagingtrustfundsforgreaterdevelopmentimpact.

ThisGuidehighlightsandprovideslinkstokeypoliciesunderpinningimplementationofactivitiescarriedoutbytheWorldBankorbyrecipientsofitsfunds—policiesthatapplyequallytoactivitiesfundedbytrustfundcontributions.

TableofContents

AbouttheWorldBanki

AboutthisGuideii

●

1.Introduction1

●

2.TrustFunds,TheBasics2

●

3.Umbrella2.0Programs8

4.StandaloneTrustFunds12

●

5.TheTrustFundLifecycle13

6.OtherFinancingArrangements18

Appendix

1:Umbrella2.0ProgramsbyWorldBank20

PracticeGroup/BusinessUnitasof

October31,2023

Appendix

2:ProvidingOversightandAccountability23

Annex1:GuidanceonGovernanceinWorldBankTrustFunds

Annex2:GuidanceonManagingWorldBankTrustFundsforResults

Annex3:GuidanceonWorldBankTrustFundReportingtoDonors

Annex4:GuidanceonManagingTargetedFundingforUmbrella2.0Programs

Contacts

Ms.MaitreyiDas

Director

TrustFundsandPartnerRelations

DevelopmentFinance

email:

mdas@

Website:

TrustFundsandPartnerships

GeneralInquiries:

AskTF@

OtherResources

2023WorldBankAnnualReport

2022TrustFundAnnualReport

2-ThisGuidedoesnotaddressmanagementandadministrationofFinancialIntermediaryFunds(FIFs),ortrustfundsmanagedbytheInternationalFinanceCorporation(IFC).FIFsandIFCTrustFundsareadministeredusingtheirrespectivepolicyframeworks.

DevelopmentFinance(DFi)ii

1.Introduction

Thecomplexityandurgencyoftheworld’schallengesrequiremeaningfulcollaborationamongmembersofthedevelopmentcommunityandotherstakeholdersifthegoalsofendingextremepovertyandboostingsharedprosperityonalivableplanetaretoberealized.

TheWorldBankworkswithagrowingnumberofdevelopmentpartnersfromaroundtheworldtodeliveronitsstrategyandtocontributetotheachievementofthe

SustainableDevelopmentGoals

.FromtheinternationalcoalitionofdonorsandclientsthatconstituteIDA,throughengagementwithUnitedNationsagencies,internationalnongovernmentalorganizations,foundations,andcivilsociety,toanincreasingfocusonengagingprivatecapital,theWorldBankrecognizesthetransformativepowerofpartnershipwhennewideas,perspectives,andexperiencesarecombinedwiththenecessaryfinancialresources.

PartnershipsthroughTrustFunds

PartneringwiththeWorldBankisenabledthroughavarietyoffinancialinstrumentsandcoordinationmechanisms.Theappropriatepartneringmechanismisselectedbasedontheobjectivesoftheinitiative,thenatureoftheactivitiestobesupported,andtherolesoftheWorldBankanditsdevelopmentpartners.

Trustfunds,andtheUmbrella2.0Programsthroughwhichtheycanbeorganized,arethemostcommonlyusedmechanismsforpartnershipsinwhichtheWorldBank,donors,clients,andotherstakeholdersworktogethertoaddressaspecificdevelopmentchallengeorfindnewwaystoapproachproblemsattheglobal,regional,orcountrylevel.

Trustfundsareessentialtoastronger,better,moreagileWorldBank.TrustfundresourcescomplementWorldBankoperations,expandingtheirscopeandreachandsupportingtheirquality.TheypromoteincreaseddevelopmenteffectivenessandenabletheWorldBanktoprovideassistancewhenitsabilitytolendislimited,includinginfragileandemergencysituations,andtocountriesinarrearsandnon-membercountries.TrustfundsalsocontributetotheWorldBank’sknowledgeagendabyfinancingclosetotwo-thirdsofitsadvisoryservicesandanalyticsproducts,aswellastechnicaladvisoryservicesforclients.Trustfundsattractnewsourcesoffinanceandpromoteinnovativefinancialsolutionsinsupportoftheglobalpublicgoodsagenda,includingcombatingclimatechangeandaddressingthechallengesoffragility,conflict,violence,forceddisplacement,andpandemics.

InFY2023,cashcontributionstoWorldBanktrustfundstotaledUS$22.3billion,anddisbursementswereUS$20.7billion.FundsheldintrustwereUS$12.9billion,ofwhich16percent(US$2.5billion)wereforactivitiesinSustainableDevelopment(seeFigure1).

TrustfundsasapartneringmechanismhavebeeninplacefordecadesandhavebeenimportantcomplementstobothIBRDandIDAresources.AsapartofrecentTrustFundreformeffortsaimedatenhancingtheefficiency,effectiveness,andstrategicalignmentofactivitiesfunded,theUmbrella2.0

Figure1:FundsHeldinTrustin$billions:byWorldBankUnitsasofend-FY2023

$billions

10

9

8

7

6

5

4

3

2

1

0

8.8

2.5

2.0

1.4

0.5

0.4

Equitable

Growth,

RegionsOthers

HumanInfrastructureSustainable

DevelopmentDevelopment

Finance&

Institutions

DevelopmentFinance(DFi)1

Trust

Fund

Programwasintroducedtoconsolidateandoptimizethetrustfundportfolio.

AtrustfundportfoliobasedinUmbrella2.0ProgramspromotesstrategicalignmentofdonorpreferencesanddevelopmentgoalswithWorldBankprioritiesandresourcesandelevatesthedialoguebetweenandamongdonorsandtheWorldBankonsharedpriorities.Forclients,Umbrella2.0Programsofferstreamlinedalignmentoftrust-fundedactivitieswithcountryprioritiesandgreatercomplementaritywithIBRDandIDAoperations—maximizingtheimpactofboth.SeeBox1formoreontrustfundprocessimprovementsandreformsandpages8–12formoreonUmbrella2.0Programs.

Aspartoftheoverallpartnershipuniverse,theWorldBankalsomanagesglobalfundsandFinancialIntermediaryFunds(FIFs)forwhichtheWorldBankprovidesaspecificsetofadministrative,financialand/oroperationalservices.FormoreonFIFs,seepage18.

2.TrustFunds,TheBasics

WhatisaTrustFund?

Atrustfundisafinancing

arrangementthattheWorldBank

establisheswithcontributions

fromoneormoredonorsand,in

somecases,fromtheWorldBank

itself.

ConsistentwiththeoverallpurposesofIBRDandIDAassetoutinthe

ArticlesofAgreement

,theWorldBankestablishesandadministerstrustfundsasacomplementtoIBRDandIDAfinancingtopromotedevelopmentandaideffectivenessbyleveragingitscapacityanddevelopmentknowledge.Inadministeringatrustfundandholdingthetrustfundresources,theWorldBankactsinafiduciarycapacityinaccordanceonlywiththeprovisionsoftheagreementconcerningthetrustfund.

Box1:ContinuousImprovementthroughReform

Sincetheearly1960s,trustfundshavebeenusedtoenhancethefinancialsupportavailabletoclientsbyprovidingco-financingforIBRDandIDAoperationsandfordirectfundingoftechnicalassistance.Overthelastfewdecades,theroleandvolumeoftrustfundshaveincreaseddramatically,andtheWorldBankhasundertakeninitiativesandreformstopromotecontinuousimprovementintheefficiency,strategicalignment,androbustoversightoftrustfundresourcesandtheactivitiestheysupport.Significantprogresshasbeenmadeintransitioningmanagement,implementation,andoversightoftrustfundsintotheWorldBank’soperational,financial,andadministrativecontrolenvironment.ThetrustfundfiduciaryframeworkisnowfullymainstreamedintoregularWorldBankbusinessprocesses.Successivereformshaveimprovedtheintegrationoftrust-fundedactivitiesintoWorldBankoperationalandadministrativeprocesses,withtheaimofreducingcostsandbettermanagingrisks.

Designedtoaddressthepersistentchallengeofalarge,fragmentedtrustfundportfolio—manysmalltrustfundswithhighlycustomizedfeatures—theUmbrella2.0ProgramwasintroducedinJanuary2020.Umbrella2.0ProgramsstrengthenthelinkbetweenfundingandthestrategicprioritiesoftheWorldBankanditsclientsanddonorsandpromoteimpactatscale.AtrustfundportfoliogroundedinUmbrella2.0Programsmeansfewer,larger,morestrategicallyalignedfundinginitiatives.ThedesignoftheUmbrella2.0ProgrambuiltonapilotingphaseinvolvingdiverseunitsintheWorldBankexperiencedinmanagingtrustfundresources.ItwasinformedbylessonsfromexistingprogramsaswellasfromthepreviousUmbrellamodel(1.0)andbenefitedfromactivedonorsupportandengagementthroughaseriesofconsultationsthattheWorldBankorganizedover3years.

LearnmoreaboutTrustFundReform

here

.

DevelopmentFinance(DFi)2

TheWorldBankpromotestrustfundsthatdrawonitsoperationalrole,reinforcecountrycapacityandownership,fosterharmonizationandalignmentofaidmodalities,andincludecontributionsfrommorethanonedonor.

WhataretheCriteriaforacceptingContributionstoTrustFunds?

TheWorldBankacceptscontributionstotrustfundsprovidedthatthedonormeetsthecriteriasetoutintheWorldBankBoard–approved

PolicyonTrustFunds

andthatthetrustfundsdonotextendanybenefitsorunfairadvantagestothedonor.Foreachintendedtrustfund,theWorldBankdecideswhethertoaccepttherolesorresponsibilitiesproposedbasedonthefollowingcriteria:

•ConsistencywiththeWorldBank’sPurposesandMandate.Activitiesfinancedfromthetrustfundareinkeepingwiththe

ArticlesofAgreement

.

⦁StrategicRelevance.ActivitiesfinancedfromthetrustfundarealignedwiththeWorldBank’spriorities.

•RiskManagementandControls.Therisksarisingfromthetrustfund,includingthosearisingfromanyconflictsofinterestoranyrestrictionsonitsuse,areexplicitlyconsideredandarejudgedtobeacceptableandmanageablebytheWorldBank.

•Governance.TheWorldBankhasdecision-makingauthorityontheuseofthefundsadequatetofulfillitsrolesinadministeringthespecifictypeoftrustfund.

•NationalityRestrictionsonProcurement.TheWorldBankdoesnotacceptanycontributiontoatrustfundthatimposesnationalityrestrictions

onprocurement.

•OperationalEfficiencyandSustainability.Trustfundsareofasufficientsizeandscopeasdeterminedbymanagementfromtimetotimetoensureefficientadministrationandportfolioconsolidation.TheWorldBankrecoversthecostsofperformingagreedrolesinadministeringtrustfunds,takingintoaccountbenefitsassociatedwithsuchfunding.

DevelopmentFinance(DFi)

WhocontributestoTrustFunds?

Morethan150donorspartnerwiththeWorldBankthroughtrustfunds.Mostaresovereignentities.Othersincludemultinationalagencies,foundations,non-governmentalorganizations(NGOs),andprivateorganizations.Inafewrarecases,theWorldBankcontributestotrustfundsfromitsownbudgetorfromtheIBRD’ssurplusornetincome.

Figure2showstheshareofcashcontributionsinFY2019–2023byDonortypeandFigure3showscashcontributionsofthetop10donorsforFY2019–2022,and2023.

organizations

$44m

<1%

Figure2:FY2019–2023CashContributionsbyDonorType(US$millionsandpercent)*

Intergovernmental

$38,807m

Private

nonprotentities

$787m

2%

WorldBankGroup$529m

2%

institutions

$2,377m

6%

Privatefor-prot

Other

organizations

$18m

<1%

Sovereign

governments

$35,053m

90%

*ExcludescashcontribuSonstoFIFsandIFCTFs.

WhomaycontributetoaWorldBank

TrustFund?

Asnotedabove,theWorldBankacceptscontributionstoitstrustfundsfromawiderangeofdonors.WorldBankstaffperformaduediligencereviewofprospectivedonorstoidentifyandassesstheWorldBank’sexposuretorisksthatmayarisewhenanewdonor(sovereignornon-sovereign)wishestocontributetoatrustfund.

Anyproposedcontributiontoatrustfundfromaprivatedonor,especiallyonethatis,oriscloselyaffiliatedwith,acorporationorotherfor-profitentity,issubjecttoenhancedscrutiny.Suchreviewconsidersthespecificcontextofthecontributionandgivesspecialconsiderationtopotential,actual,orperceivedbenefit,

3

Figure3:CumulativeCashContributionsbyTop10Donors,FY2019–2022,FY2023

$billions

0.05.010.0

15.0

20.0

25.0

UnitedStates

UnitedKingdom

Germany

EuropeanCommission

Norway

Japan

Netherlands

Canada

Sweden

Switzerland

3.3

0.2

1.6

1.7

0.5

0.7

1.0

1.0

0.6

0.40.2

0.4

0.4

0.2

0.6

0.9

0.1

2.1

1.0

18.3

FY19–FY22

FY23

unfairadvantage,and/orconflictofinterest,includingingovernanceofthetrustfundandinplanningandimplementationoftrust-fundedactivities.

NaturalpersonsmaynotcontributetoWorldBanktrustfunds.

WhydoDonorscontributeto

WorldBankTrustFunds?

Trustfundsprovideaplatformforfinancial,knowledge,technical,andotherformsofcollaborationamongdonors,clientcountries,andotherstakeholdersattheglobal,regional,andcountrylevels.

DonorsworkwiththeWorldBankthroughtrustfundsto:

⦁Catalyzefundingsupportandalignitwithfundingfromotherdevelopmentpartnerswithinagreed-uponstrategicframeworks,includingforglobalpublicgoods.

⦁DrawontheWorldBank’sconveningpowerattheinternationalandcountrylevelstomaximizecoordinatedactionandachieveimpactatscale.

⦁BenefitfromtheWorldBank’sextensivetechnicalexpertise,countryexperience,supervisioncapacity,financialcontrolframework,andabilitytomonitorandreportonresults.

⦁Providegrantfundinginfragile,conflict-affected,andothercomplexsituations,enablingtheWorldBanktoengageandprovidecriticalassistancewheretraditionalinstrumentsarenotwellsuitedorareunavailable.

⦁Supportinnovativeoremergingpolicyareasthatpartnersviewasapriority.

HowareTrustFundsClassified?

EachWorldBanktrustfundisidentifiedwiththefollowingclassification:

GeographicScope

⦁AtrustfundthatsupportsactivitieswithinorforthebenefitofasinglecountryisaSingleCountryTrustFund.

DevelopmentFinance(DFi)4

Trustee

Level

WindowLevel

Disbursing/ActivityLevel

⦁AtrustfundthatsupportsactivitieswithinorforthebenefitofmorethanonecountrywithinasingleregionisaRegionalTrustFund.

⦁AtrustfundthatsupportsactivitieswithinorforthebenefitofseveralcountriesacrossmorethanoneregionisaGlobalTrustFund.

WhethercontributionsarefromoneormorethanoneDonor

⦁Atrustfundthatinvolves

contributionsfrommore

thanonedonorisaMulti-

DonorTrustFund(MDTF).

⦁Atrustfundthatinvolves

contributionsfromone

donorexclusivelyisaSingle

DonorTrustFund(SDTF).

AMDTFmaybeestablishedwitha

contributionfromonlyonedonor

ifitisplannedthatotherdonorswillcontributetothetrustfund.ASDTFcannotbeconvertedtoaMDTFafterestablishment.

Activitiesfunded

⦁AtrustfundthatisusedexclusivelytoaugmenttheWorldBank’sadministrativebudgetforitsowndevelopmentactivities(bank-executedactivities,seepage6)isaBank-executedtrustfund.

⦁Atrustfundthatsupportsbank-executedactivitiesandprovidesgrant(s)toarecipientorrecipientsforthepurposeoffinancingprojectsandprograms(recipient-executedactivities,seepage6)isaHybridtrustfund.

WhetheritispartofanUmbrella2.0Program

⦁AnUmbrella2.0ProgramTrustFundiseither:

$anAnchorTrustFund.AMulti-DonorTrustFundthatservesastheprimary(andsometimessole)fundingarrangementforanUmbrella2.0Program(seepages8–9).

$anAssociatedTrustFund.AMulti-DonororSingleDonorTrustFundthatfinancesspecificactivities,sectors,themes,orgeographicareaswithintheoverallscopeoftheAnchorTrustFundofanUmbrella2.0Program(seepage9).

⦁AtrustfundthatisnotpartofanUmbrella2.0ProgramisaStandaloneTrustFund(seepage12.)

HowdoestheWorldBankadminister

TrustFunds?

AWorldBank–administered

trustfundhasathree-level

structureorhierarchy.

TrustFundHierarchy

⦁AttheTrusteelevel,donor

fundsarecontributedbased

ontheprovisionsofatrust

fund’sAdministrationAgreementorAdministrationArrangement(Box2).TheWorldBank,astrustee,receives,holds,invests,allocates,andreportsonthesefunds.EachtrustfundhasoneTrustee-levelaccount,whichisidentifiedbyatrustfundnumber.

⦁AttheWindowlevel,fundsareallocatedforactivitiesorprojects.Fortrustfundswithabroadsector,thematic,and/orgeographicscope,multipleWindowsmaybeestablishedtofacilitateallocationoffunds,workplanandbudgetmonitoring,andresultsmanagement.EachtrustfundhasatleastoneWindow.

⦁AttheDisbursingorActivitylevel,fundsaredisbursedortransferred.Disbursing-oractivity-levelallocationscanbeforrecipient-executedactivities,administeredundergrantagreements(seepage15),orforbank-executedactivities.

DevelopmentFinance(DFi)5

Box2:LegalAgreements/ArrangementsforBankAdministeredTrustFunds

Therearethreetypesoflegalagreements/arrangementsinthecontextofBankadministeredTrustFunds:

AnAdministrationAgreementandAdministrationArrangementisthelegalagreementbetweentheBank,asadministratorofaTrustFund,andaDonor,settingforththetermsforthereceipt,administrationanduseofacontributionforaTrustFund.

TheAdministrationAgreement/Arrangementdescribes,amongotherthings,thetrustfund’sDevelopmentObjective,typesofactivitiestobefunded,governancearrangements(ifany),andtheEnd-DisbursementDate(EDD)—thedateafterwhichnoexpenditurescanbechargedtothetrustfundandallfinancialclosureproceduresarecompleted.

TheAdministrationAgreement/ArrangementissignedbytheauthorizedrepresentativeoftheWorldBankandiscountersignedbytheauthorizedrepresentativeofthedonor.SignedAdministrationAgreements/ArrangementsaremadeavailabletothepublicaccordingtotheWorldBank’sAccesstoInformationpolicy.

PromissoryNotesarenonnegotiable,noninterest-bearingandlegallybindingdemandnotespursuanttowhichcashispaidintoaTrustFundbyaDonorinaccordancewithagreedschedulesspecifiedintheAdministrationAgreement/Arrangement.

ATransferAgreementisalegalagreementbetweentheBank,astrustee,andaneligibleentityforthetransferofTrustFundfundsbythetrusteetosuchentity.3

WhatdoTrustFundsFinance?

WorldBanktrustfundsprovidesupport—typicallyonagrantbasis—toactivitiesthatcomplementIBRDand/orIDAprograms,areconsistentwiththeWorld

Bank’sstrategy,andaredevelopedthroughWorld

Bank

ProductsandServices

.Activitiesarerecipient-executedorbank-executeddependingontherolethattheWorldBankplaysindeliveryoftheactivity(seefootnote3).

Recipient-executedactivitiesareprojectsorprogramsimplementedbyathird-partyrecipient,typicallyagovernment,forwhichtheWorldBankprovidestrustfundresourcestotherecipientunderaGrantAgreement(seepage15).Recipient-executedactivitiessupportWorldBank

FinancingInstruments

aimedatachievingcountryDevelopmentObjectives,andpolicyandinstitutionalreformsofnationalandsubnationalgovernmentsbyprovidingbudgetfinancingandglobalexpertise.Recipient-executedactivitiesalsosupportpublicprojectstobuildphysicalandsocialinfrastructureandtodevelopinstitutionalcapacity.

TheWorldBankappraisesandprovidesimplementationsupportforrecipient-executedactivities.

Bank-executedactivitiesaredevelopmentactivitiesthattheWorldBankperformsaspartofitsregularworkprogram.Bank-executedactivitiessupportWorldBank

AdviceandAnalytics

toinformcountry,regional,andglobaldevelopmentagendathroughknowledgedissemination,technicalassistance,impactevaluation,researchactivities,andotherknowledgeproducts.Bank-executedactivitiesalsoincludeprojectidentificationandappraisal,andprojectimplementationsupportrelatedtorecipient-executedactivities.ProgramManagementandAdministration(seepage12)isalsoabank-executedactivity.

Themajorityoftrustfundresourcesfinancerecipient-executedactivities,includingco-financingofIBRDandIDAoperations.InFY2023,recipient-executedactivitiesaccountedforaround94percent(US$19.5billion)oftotaldisbursementsfromWorldBanktrustfunds.Bank-executedactivitiesrepresentedthebalanceof6percent(US$1.3billion).

3-Inadditiontorecipient-executedandbank-executedactivities,theWorldBankmayinexceptionalcircumstancesallowforuseofaTransferOut,anarrangementthroughwhichtheWorldBankactsattherequestofalldonorstoamulti-donortrustfundtotransfertrustfundresourcestoanotherentity(theTransferee)underaTransferAgreement.UndertheTransferAgreement,theWorldBankhasnoresponsibilityforthefundstransferredanddoesnotperformasupervisoryrolewithrespecttothefundstransferredortheactivitiesthatthesefundsfinance.TheBank’soperationalpoliciesandproceduresdonotapplytotheactivitiesthattheTransfereecarriesout;ratheritisthepoliciesandproceduresoftheTransfereethatapply.

DevelopmentFinance(DFi)6

HowdoestheWorldBankrecoverIndirectCostsassociatedwith

TrustFunds(CostRecovery)?

Whilecostsdirectlyassociatedwith