89587 Norway and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Norway’s contributions to the World Bank Group (WBG) totaled US$3,838.6 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Norway contributed US$15.5 million to the International Development Association (IDA), US$161.5 million to International Bank for Reconstruction and Development/IDA trust funds (IBRD/IDA TFs), US$179.7 million to Financial Intermediary Funds (FIFs), and US$4.4 million to International Finance Corporation (IFC) TFs. 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 500 IDA 935.2 450 FIFs (24%) 400 1,563.7 350 (US$ Millions) (41%) 300 IBRD/IDA TFs 250 FIFs 200 150 IFC TFs 100 IBRD/IDA 50 IFC TFs TFs 0 32.7 (1%) 1,307.0 2009 2010 2011 2012 2013 (34%) • Number of active TFs at end of FY14Q2 was 129, including 96 IBRD/IDA TFs, 18 FIFs, and 15 IFC TFs. • Norway ranked 9th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Norwegian contributions were received mainly from the Ministry of Foreign Affairs, at 98 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) Palestinian Recovery and Development Plan Multi Donor Trust Fund 275.8 IBRD/IDA Afghanistan Reconstruction Trust Fund 253.8 Carbon Fund of the Forest Carbon Partnership Facility 171.7 The Global Fund to Fight AIDS, Tuberculosis, and Malaria 407.5 FIF Global Alliance for Vaccines and Immunizations (GAVI) Trust Fund 304.1 Strategic Climate Fund 243.7 IFC South Asia Enterprise Development Facility (IFC-SEDF 2) 9.9 IFC Private Enterprise Partnership Africa: Conflict Affected States in Africa Initiative 5.0 IFC South-Asia Enterprise Development Facility - Sri Lanka and Maldives, Cycle 2 (IFC SLDF2) 3.5 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Norway signed new contribution agreements totaling US$348.6 million with the largest contributions to each IBRD/IDA TFs, FIFs, and IFC TFs as follows: »» Afghanistan Reconstruction Trust Fund (IBRD/IDA, US$127.7 million) »» Strategic Climate Fund (FIF, US$24.3 million) »» IFC South Asia Enterprise Development Facility (IFC-SEDF 2) (IFC, US$1.7 million) 1/ All figures exclude the Advance Market Commitment (AMC) FIF, and IFC-managed funds supporting Special Initiatives and Investment Programs that are not part of the TF pool. 2/ Contributions to IDA are reported as paid-In: amount received by the Bank in the form of cash or promissory notes (net of certain discounts). Contributions to TFs are reported on a cash basis. All contributions are reported based on historical values using the date of receipt and may include contribution transfer from other trust funds. Official Use Only – Not for further disclosure without the consent of The World Bank 1 Norway and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 73 percent (US$842.1 million) in disbursements from IBRD/IDA TFs supported by Norway were made through recipient- executed trust funds, of which 23 percent co-financed Bank projects. The remaining 27 percent (US$305.5 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector 4.8 5.2 ECA ECA LCR 5.7 Global Global 500 465.0 LCR 12.4 (1%)(1%) 25.3 20.9 (3%) (3%) (1%) 450 EAP 27.7 (1%) 400 MNA EAP (3%) 31.0 350 (US$ Millions) 295.5 (4%) (35%) 300 AFR 310.4 250 198.6 (37%) 200 SAR 178.9 150 120.4 (24%) (21%) 92.8 100 43.4 36.2 31.8 23.5 50 12.2 11.7 1.0 4.2 0 MNA AFR 284.2 276.0 (33%) (34%) AFR: Africa LCR: Latin America and the Caribbean EAP: East Asia and Pacific MNA: Middle East and North Africa ECA: Europe and Central Asia SAR: South Asia WBG Trust Fund Portfolio Comparisons Share of FY09-FY14Q2 WBG TF Volumes WBG Trust Funds by Classification Norway Top 10 Donors All Donors FIF Contributions 54% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 45% 33% 36% of which to Single-Donor TFs 8% 25% 28% of which to Multi-Donor TFs 92% 75% 72% IFC TF Contributions 1% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 27% 16% 16% via Recipient-executed TFs 73% 84% 84% of which support Fragile States 80% 48% 40% of which support IDA Countries 55% 69% 59% For More Information Anita Bhatia Jaehyang So Director, WBG Development Partners Relations Director, and IFC Partnerships and Trust Funds Trust Funds CFPTO & CFPMI ABhatia@ifc.org Jso@worldbank.org +1 (202) 458-1503 +1 (202) 473-7654 3/ Disbursement breakdowns for multi-donor trust funds are prorated based on donor cash contributions as of FY14Q2. Disbursements from IBRD/IDA TFs for which funding is transferred from FIFs are not included (e.g. GEF IBRD as Implementing Agency). 2