69953
              GLOBAL PARTNERSHIP FOR SOCIAL ACCOUNTABILITY
              AND ESTABLISHMENT OF A MULTIDONOR TRUST FUND


                                   CHAIR’S SUMMING UP


                               Meeting of the Executive Directors
                                           June 12, 2012



        Executive Directors discussed the President’s Memorandum to the Executive Directors
on a Global Partnership for Social Accountability (GPSA) and Establishment of a Multidonor
Trust Fund (MDTF). Following the previous discussion on April 6, 2012, Directors approved
the recommendations on paragraph 8 of the President’s Memorandum (R2012-0063
[IDA/R2012-0080]; /1).


        Directors expressed their appreciation for Management’s further clarifications and
revisions of the GPSA proposal emphasizing: the link to the Bank’s Articles of Agreement and
development mandate; selection criteria for beneficiary groups and CSOs; composition and
selection process for the Steering Committee; grant-making arrangements; alignment with Bank-
wide trust fund reforms; the location of Secretariat; implementation review; and effective risk
mitigation measures, including those related to politicization, working with nascent CSOs, and
CSO independence.


        Directors welcomed Management’s plan to: brief the Board on progress in the
implementation in Q2 of FY13; present an annual report to the Board, in due course; and
facilitate a full Board review and discussion after 2 years of implementation of the GPSA.





 This summary is not an approved record.