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Working with the World Bank through Trust Funds

Working with the World Bank through Trust Funds. Ian Wright Manager,Trust Fund Strategy and Donor Relations Unit. What Are Trust Funds?. Administrative arrangements for donor contributions to support development activities, supplementary to Bank budget. Uses of Trust Funds:

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Working with the World Bank through Trust Funds

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  1. Working with the World Bank through Trust Funds Ian Wright Manager,Trust Fund Strategy and Donor Relations Unit Norway - Research & Technology Forum, May 13, 2004

  2. What Are Trust Funds? • Administrative arrangements for donor contributions to support development activities, supplementary to Bank budget. • Uses of Trust Funds: • Global & Regional Programs • Cofinancing • Advisory Services (including Consultant Trust Funds) • Types of Trust Funds • Single-Purpose • Programmatic • Multi-Donor Norway - Research & Technology Forum, May 13, 2004

  3. Trust Fund Portfolio Highlights • Total: $8.0b (as of December 2003) • up from $6.6b (6/30/03), $5.3b (6/30/02) • By Program: • HIPC: $1.7b (Debt Relief) • GFATM: $ 1.3b (Aids, Tuberculosis, Malaria) • GEF: $1.0b (Environment) • PHRD: $570m (Project Preparation) 933 Active TF agreements; 3692 accounts Norway - Research & Technology Forum, May 13, 2004

  4. Trust Fund Reforms • Two-pronged approach: • Action Plan to improve trust fund management and internal control framework • Policy reforms to reduce complexity, strengthen alignment with Bank’s development agenda, improve accountability for results • Scope – initial focus on: • Alignment, Standardization, Simplification • Consultant Trust Funds; 1% of TF disbursements Norway - Research & Technology Forum, May 13, 2004

  5. Norway Trust Fund Portfolio • Total FY03 contribution US$ 134 million, 8th largest donor • FY03: Highly Indebted Poor Countries: US$ 27.5 m, Global Fund for Aids, Tuberculosis and Malaria: US$ 17.9 m, Global Environment Facility: US$ 16.1 • CTF FY04: US$ 3.3m for Norwegian Consultants & US$ 1.1m for IDA consultants Norway - Research & Technology Forum, May 13, 2004

  6. Situation Bank project work (lending) Feasibility study Bank project under implementation Bilateral project Contact Task Manager TM/Agency Borrower Agency/Treasury Options For Engagement Norway - Research & Technology Forum, May 13, 2004

  7. Sources Of Funds for Consultant Hiring Norway - Research & Technology Forum, May 13, 2004

  8. Consultant Strategy How do you want to be involved? • When - upstream or downstream • How - under Bank hiring or Recipient hiring Factors to consider: • Volume of business (Bank hiring/Project procurement) • Small firm/large firm (expertise/exposure) • Tied funding/competition • Conflict of interest (upstream/downstream) Norway - Research & Technology Forum, May 13, 2004

  9. Knowing the Bank’s Business: What should you be doing? • Know the Bank/Borrower objectives, by sector and by country • Know the Bank/Borrower roles and responsibilities • Focus on • small # of countries • small # of sectors • very specific areas of expertise ==> You need to capture only 4-5 Task Managers at the beginning Norway - Research & Technology Forum, May 13, 2004

  10. Working with the Bank:What should you be doing? • Ensure Management Commitment • Develop a Focused Plan of Action • Invest in Market Development • Form Alliances • Identify Opportunities • Making Money vs. Gaining Experience Norway - Research & Technology Forum, May 13, 2004

  11. Sources of Information • World Bank Procurement website: http://www.worldbank.org/procurement • Development Gateway: http://www.developmentgateway.org • UN Development Business: http://www.devbusiness.com • World Bank’s Info Shop: http://www.worldbank.org/infoshop Norway - Research & Technology Forum, May 13, 2004

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