2030 2029 2028 2027 2026 2025 2024 2023 2022 2021 WORLD BANK GROUP PARTNERSHIP FUND FOR THE SUSTAINABLE DEVELOPMENT GOALS ANNUAL REPORT 2020 2019 2018 2030 WORLD BANK GROUP PARTNERSHIP FUND 2029 FOR THE SUSTAINABLE DEVELOPMENT GOALS ANNUAL REPORT 2020 2028 2027 INTRODUCTION 3 ACKNOWLEDGEMENTS 4 2026 AT A GLANCE ABOUT THE FUND 6 8 2025 OUR RESPONSE TO COVID-19 10 2024 PROGRAM HIGHLIGHTS 2019-2020 12 2023 WHERE WE WORK PROGRAM ACTIVITIES 28 30 2022 GOVERNANCE 40 2021 LOOKING AHEAD 42 2020 ANNEXES 44 2019 I. FINANCIAL HIGHLIGHTS II. STEERING COMMITTEE 2019–2020 44 46 2018 III. SECRETARIAT 46 INTRODUCTION The Partnership Fund for the Sustainable Development Goals has gained rapid momentum in the past year, supporting country-led and country-owned policies, and solidifying global partnerships to address development challenges. In alignment with the World Bank Group’s twin goals of ending extreme poverty and increasing shared prosperity, the Fund is working closely with client countries to deliver on the Sustainable Development Goals (SDGs) through knowledge-sharing, capacity- building, data, financing, and partnerships. This report highlights some of the Fund’s most innovative and impactful activities, and showcases the many ways in which the Fund is collaborating with a wide range of partners at the local, national, regional, and global level to turn the vision of the 2030 Agenda into results for our client countries. Together with our many partners from around the world, the Fund will continue to deliver on both the premise and promise of the twin goals and the SDGs, seeking a fairer, more sustainable world for all. 2    3 ACKNOWLEDGEMENTS Partnerships are central to the Sustainable Development Goals and to creating and preserving a more equitable world. The Fund thanks our clients, partners, and colleagues for sharing their talent, time, and resources to help support our programs. We would especially like to thank our donor partners for their shared vision and continued commitment to our work: The Swedish International Development Cooperation Agency, The Republic of Korea Ministry of Economy and Finance, and Hyundai Steel. 4    5 AT A GLANCE 8 23 TOTAL FUNDING NUMBER OF PROJECTS BREAKDOWN BY SDG MILLION PROJECTS PARTNERSHIPS US$ FOR THE GOALS NO POVERTY PEACE AND JUSTICE ZERO HUNGER STRONG INSTITUTIONS GOOD HEALTH AND LIFE ON LAND WELL-BEING GEOGRAPHIC BREAKDOWN BY REGION QUALITY LIFE BELOW EDUCATION WATER 11 % CLIMATE EUROPE & CENTRAL ASIA 17 % ACTION GENDER EQUALITY 11 % 17 % RESPONSIBLE CLEAN 31 % EAST ASIA & PACIFIC CONSUMPTION LATIN AMERICA & 11 % AND PRODUCTION WATER AND SANITATION CARIBBEAN MIDDLE EAST & SOUTH ASIA SUSTAINABLE AFFORDABLE AND NORTH AFRICA CITIES AND CLEAN ENERGY COMMUNITIES REDUCED DECENT WORK AND INEQUALITY INDUSTRY ECONOMIC GROWTH 47 35 INNOVATION AND PILOTS COUNTRIES SUB-SAHARAN INFRASTRUCTURE AFRICA IN BREAKDOWN BY SCALE BREAKDOWN BY OBJECTIVES 32 % 36 % 32 % BUILD CAPACITY AND DEVELOP ANALYTICAL PROMOTE GLOBAL REGIONAL NATIONAL MUNICIPAL AWARENESS FOR TOOLS TO SOLVE MULTI-STAKEHOLDER 10 PROJECTS 6 PROJECTS 5 PROJECTS 2 PROJECTS IMPLEMENTING THE SDGS GLOBAL CHALLENGES PARTNERSHIPS 6    7 ABOUT THE FUND The Fund responds to the growing demand for strategic initiatives that advance the achievement of SDG 17, which aims to strengthen the means of implementation and revitalize the global partnership for sustainable development. By providing the latest data, analysis, tools, and technologies directly to local, regional, and global stakeholders, the Fund is driving development from the ground up, helping countries and their people to address critical development challenges. PARTNERSHIPS FOR THE GOALS The Fund also leverages multi-stakeholder partnerships Strengthen the means of with more than 100 partners to share knowledge, experience, implementation and revitalize resources, and connections to achieve our common goals the global partnership for by 2030. sustainable development OBJECTIVES Build Capacity Develop Promote and Awareness for Analytical Tools Multi-stakeholder Implementing to Solve Global Partnerships the SDGs Challenges   9 OUR RESPONSE TO COVID-19 Countries around the world face unprecedented challenges as the COVID-19 pandemic threatens lives, livelihoods, and entire economies. Across the World Bank Group, efforts are underway to help governments respond to the crisis, not only by addressing immediate health and economic needs, but also by supporting long-term development priorities. While the top priority against the backdrop of a global pandemic is to stop the virus and stabilize economies and communities, sustainable development gains of recent years must be protected and built upon. The effects of COVID-19 are exacting a massive toll on the poor and vulnerable, who are at risk of being left further behind. In light of the current crisis, our support for designing and implementing essential policies and programs to lift the poorest out of poverty will be all the more critical. The Fund will continue to support our client countries as they reset their priorities and reallocate resources to meet immediate needs. In this context, the 2030 Agenda can serve as a valuable and effective framework for countries to build back stronger and better. 10    11 PROGRAM HIGHLIGHTS 2019–2020 12    13 LAUNCH OF THE INAUGURAL WORLD BANK SUSTAINABLE DEVELOPMENT BOND IMPACT REPORT The World Bank has launched its first impact report covering all bond issuance and the entire portfolio of development activities for the International Bank for Reconstruction and IN FISCAL YEAR 2019, 71 THE WORLD BANK ISSUED 54 Development (IBRD). The report connects the Sustainable Development Goals (SDGs) to the World Bank’s funding strategy US $ for global investors that buy World Bank PROJECTS COMPLETED bonds in support of the 2030 Agenda.  BILLION 84 The impact report provides an overview of how the World Bank engages with investors when issuing Sustainable Development IN BONDS Bonds, using the SDGs as a framework, and PROJECTS includes detailed information on the World APPROVED Bank’s operational process and safeguards and alignment with market frameworks. Its primary intent is to explain to World Bank CURRENCIES bond investors and other capital market 440 stakeholders how all World Bank bond proceeds support sustainable development and the SDGs. TRANSACTIONS MADE In 2019, the World Bank issued US$54 billion in bonds in 27 different currencies through 440 transactions to support the financing of sustainable development projects and programs. Impact highlights identified in the report map results to specific SDGs. There were 71 projects completed in 2019, and 84 new projects were approved and started disbursing in 2018 and 2019. 14    15 51 INVESTMENT MATCHMAKING PLATFORM FOR REFUGEE COMMUNITIES IN FCV COUNTRIES An unprecedented 79.5 million RIMP also rallied partners to people around the world have commit $50M in seed capital for been forced from home. Among an Investment Catalyst mechanism them are 26 million refugees. On currently under development; BUSINESS DEALS average they spend years outside provided policy guidance to WBG SUPPORTED RESULTING IN: of their home countries. The role strategies and the Government 1770 of the private sector in creating of Jordan on refugee needs; and jobs in host communities is critical raised awareness about the role to supporting the livelihoods and of the private sector in supporting immediate and long-term prospects refugees and host communities of refugees. through global knowledge conferences. The Refugee Investment and NEW JOBS CREATED Matchmaking Platform (RIMP) is focused on increasing economic RIMP is also co-leading global actors around a “Private Sector $ 156.9 $ 112.6 opportunities for refugees and for Refugees” (PS4R) agenda MILLION MILLION host communities in Jordan. To that includes the Confederation date, RIMP has contributed to of Danish Industry, the European the finalization of 51 business Investment Bank, and the SALES TRANSACTIONS FROM transactions, 21 of which are due International Chamber of INVESTMENTS IN JORDAN-BASED BUSINESSES JORDAN-BASED BUSINESSES to companies adjusting production Commerce, with support from the 4 to address COVID19 needs, and United Nations High Commissioner has contributed to $156.9M in for Refugees. This group developed investments in Jordan-based the Charter of Good Practice, a businesses, and $112.6M sales practical guide for private sector transactions, all of which resulted in engagement in support of refugees the creation of 1,770 new jobs. and will be launching an online knowledge platform. GLOBAL KNOWLEDGE EVENTS ORGANIZED 200 + 16  PARTNERS RALLIED AROUND THE CHARTER OF GOOD PRACTICE   17 IMPROVING ACCESS TO FINANCE FOR REMOTE ONLINE LOAN DISBURSEMENT TO RURAL AREAS SMALLHOLDER FARMERS Access to agri-finance is critical for an innovative agri-value chain Sign electronic loan Banks disburse loans contracts with U-key/ online to farmers’ farmers to purchase inputs such with no collateral required, and a Facial Recognition bank account as seeds, fertilizer, equipment, QR code for marketing and client and animal feed, yet farmers often acquisition. IFC has also established lack credit history or acceptable a Remote Online Loan Disbursement collateral for a loan, and bank System, which can save farmers branches are not located in hours of travel to and from the remote rural areas. Together with bank branches. FARMER BANK Khushhali Microfinance Bank (KMB), To date, this activity has developed the largest microfinance bank in 7 new reports and knowledge Pakistan, the South-South Digital Farmers pay back products; established over loans to Banks online Agricultural Finance project aims 30 multi-stakeholder partnerships to provide access to agricultural 30 in 5 countries; and strengthened the financing tools to over 4,000 unbanked or underbanked farmers as well as micro, small, and medium capacity of fintech companies in digital agri-finance through 11 workshops, training events, and 7 NEW REPORTS enterprises (MSMEs), and to help AND KNOWLEDGE PRODUCTS MULTI-STAKEHOLDER conferences. It has helped financial facilitate $5 million in agri-loans. PARTNERSHIPS IN institutions, fintech companies, 5 Powered by robust agricultural Big and agribusinesses gain access to Data, IFC has developed a series of innovative tools. It has also helped COUNTRIES AI-based tools and digital solutions farmers and agri-MSMEs to help KMB customize its digital to integrate into value chains lending business model. These include prototypes of an agri- lending mobile app and dashboard, and markets and to access financial services. 11 WORKSHOPS, TRAINING EVENTS, AND CONFERENCES expert credit scoring models, 18    19 INVESTING IN SOLAR POTENTIAL IN DEVELOPING CITIES Solar is the most abundant renewable energy resource, with high potential in more than 100 developing countries. The deployment of solar power through photovoltaic (PV) devices has been identified as one of the technologies with the greatest potential to move markets and reduce greenhouse gas emissions. The World Bank’s Energy Sector Management Assistance Program’s (ESMAP) Rooftop Solar PV Mapping and Market Facilitation project has established and piloted a methodology to analyze satellite imagery in Mexico City. Thanks to this methodology, results for solar rooftop potential have now been generated in six cities: Accra, Almaty, Izmir, Karachi, Mexico City, and Samarkand. Preliminary results have been presented to government officials in Mexico City, and are being used as a basis for a new World Bank lending operation. The team is planning to deliver similar presentations to the WB offices and SOLAR ROOFTOP Estimated Roof PV Potential Potential (MWh / Year) 2,500,000 relevant government stakeholders in 5. 7. MAPPING 1. each of the pilot cities. The team will work 8. 2,000,000 STEREOSATELITE closely with the International Renewable IMAGERY 2. 4. 1,500,000 Energy Agency (IRENA) and with the IN MEXICO CITY 1,000,000 International Solar Alliance (ISA), to 6. 3. 500,000 further disseminate the results. 0 1. 2. 3. 4. 5. 6. 7. 8. Azcapotzalco Miguel Hidalgo Benito Juárez Cuauhtémoc Tultitlán Álvaro Gustavo A. Naucalpan Obregón Madero de Juárez 20    21 SATELLITE IMAGE OF THE TURKESTAN OBLAST IMPROVING WATER USAGE IN CENTRAL ASIA OF KAZAKHSTAN In Central Asia, where agriculture and improve accuracy are now accounts for as much as 89% underway. Due to COVID-19-related of total water withdrawal, the mobility restrictions, data has been impacts of climate change are collected primarily through sourcing putting increased pressure on local statistical data from local already scarce water supplies. authorities using teleconferencing Starting in the Turkestan oblast tools. The addition of drone imagery of Kazakhstan, IFC’s Central Asia and data collection are anticipated Water Accountancy team has to provide further ground data that designed a GIS tool for water data will be incorporated in the fine- Score analysis and a data collection tuning of the GIS tool. 2 3 4 5 6 7 8 9 methodology to inform evidence- Ultimately, this tool will help build based decision-making on regional a platform based on credible water usage policies. data, on which all the five As current irrigation systems are governments of the region can have largely outdated and mismanaged, a constructive dialogue on water resulting in significant water losses issues and take the corrective through seepage and evaporation, actions necessary to prevent water this GIS tool can lead to more overuse and ensure food, water, sustainable, efficient, and equitable and energy security in Central Asia. resource use by all industries and It will also benefit private sector can make Central Asian agriculture companies wishing to scale up or to more resilient to the adverse enter the Central Asian market, as effects of climate change. it provides reliable and transparent data on water availability and water With satellite data collected and use across sectors. a GIS tool developed, ground data collection to verify assumptions 22    23 30 COMMITTING TO REDUCE GAPS IN IDA COUNTRIES DISABILITY-INCLUSIVE DEVELOPMENT DATA AVAILABILITY, DISAGGREGATED BY SEX One billion people, or 15% of the To this end, the Disability Inclusion AND DISABILITY IN world’s population, experience team has provided technical 50 % some form of disability, and guidance and training on the INCORPORATE disability prevalence is higher for importance of the collection of INCLUSIVE developing countries. Persons data on persons with disabilities in DIGITAL with disabilities are more likely to promoting disability-inclusive FINANCIAL OF MSME experience adverse socioeconomic SDG implementation. A disability SERVICES IN PROJECTS outcomes than persons without filter process for pipeline projects disabilities — such as less in Nigeria has been developed, education, poorer health outcomes, and lessons from the process lower levels of employment, and are being shared through peer- higher poverty rates. to-peer learning with other pilot countries. Technical assistance is As COVID-19 continues to have now being provided to stakeholders wide-reaching impacts across in Sierra Leone and Ghana. the globe, it is important to note how persons with disabilities Furthermore, deliberate efforts are uniquely impacted by the have been made to incorporate the pandemic, including health, needs of persons with disabilities education, and transport. With into the design and delivery of robust disaggregated data, we can IDA operations. Proposed IDA19 make better decisions that will policy commitments will embed positively affect the lives of people disability inclusion to address the with disabilities. differential constraints faced by people with disabilities through 20 institutional capacity-building and evidence-based policy-making. IMPROVE HEALTH, FRAGILE, EDUCATION, CONFLICT- AND SOCIAL AFFECTED IDA PROTECTION IN COUNTRIES 12 ADOPT IDA COUNTRIES UNIVERSALLY ACCESSIBLE GOVTECH SOLUTIONS IN 24    25 PROMOTING GENDER DIVERSITY IN GLOBAL BUSINESS LEADERSHIP The Women on Boards and in Business Leadership program (WBBL) contributes to the push for gender equity by empowering women to prosper as groundbreakers, market-makers, and value creators in the private sector—and by demonstrating the value of better gender balance at the top—for businesses, communities, and economies. WBBL broadens the rationale for more women in business leadership by connecting it to training, pragmatic tools, data-gathering, and capacity building in Environmental, Social, and Governance (ESG) domains. The program advances the business case for more female representation on boards of emerging and frontier market companies and helps increase the number of qualified women aspiring to executive positions. In Accra, Ghana and Bogota, Colombia the team 450 hosted regional launch events to showcase SOCIAL ENVIRONMENT Trailblazers: Profiles of Female Leadership in • Social & Ethical • Sustainability Reputation • Environmental Emerging and Frontier Markets, a signature • Employee Relations & Gender Equity Practices Standards publication of the WBBL program that highlights • Quality of • Human Rights Environmental how 20 female business leaders from around the Reporting • CSR Initiatives WOMEN IN BUSINESS EXECUTIVES REACHED world broke new ground, created new markets, and 15+ LEADERSHIP added strong business value for their organizations COUNTIRES GOVERNANCE and their national economies. • Transparency • Integrated Reporting In the last year, the WBBL has worked in Colombia, • Ethics & Compliance • Board Processes and Ghana, India, Indonesia, Peru, and Sri Lanka. To date, Dynamics the program has reached more than 450 female executives as well as male counterparts in more than 15 countries. 26    27 WHERE WE WORK Active in all World Bank Group regions, with 47 innovative pilots in 35 countries, the Fund connects global financial resources, knowledge, and innovative solutions to the needs of developing countries. Kazakhstan Kyrgyz Republic Georgia Uzbekistan Turkey Tajikistan Lebanon Turkmenistan Jordan Tunisia Nepal China Morocco Egypt West Bank Gaza Bangladesh Mexico Pakistan Laos Senegal India Cambodia Ivory Coast Vietnam Philippines Liberia Nigeria Ethiopia Colombia Sierra Leone Sri Lanka Ghana Kenya Rwanda Tanzania Peru Brazil Indonesia Bolivia Mozambique South Africa 28    29 PROGRAM ACTIVITIES KNOWLEDGE AND CAPACITY BUILDING SDG and South-South Digital Agricultural Finance Project Rooftop Solar PV Mapping and Market Facilitation LED BY IFC EAST ASIA & PACIFIC REGION LED BY WB INFRASTRUCTURE & ENERGY GLOBAL PROGRAMS By employing South-South technology and knowledge exchange, this Rooftop solar potential data is essential to strengthen capacity for activity aims to strengthen national capacity and mobilize innovative digital stakeholders to assess and prioritize the appropriate locations for solar PV agri-finance solutions to increase financial inclusion. Starting with a pilot installation in cities. This activity is undertaking a detailed mapping of rooftop NO POVERTY in Pakistan, financial institutions and fintech companies will learn how to AFFORDABLE AND solar PV potential in 14 cities globally, using high resolution stereo satellite CLEAN ENERGY ZERO HUNGER imagery and machine learning algorithms to identify individual rooftops and develop digital credit scoring models for farmers and agri-MSMEs, and how INDUSTRY, DECENT WORK AND ECONOMIC to digitalize the lending process of agri-loans through a mobile app. Training INNOVATION AND screen out those that are unsuitable due to shading or obstacles. INFRASTRUCTURE GROWTH will be provided to loan officers to learn agri-loan analysis. SUSTAINABLE INDUSTRY, CITIES AND This joint WB-IFC activity will support the scale-up of affordable and clean INNOVATION AND COMMUNITIES INFRASTRUCTURE This activity transfers IFC’s successful practices of digital agricultural solar energy in a potentially high growth market segment, and one where CLIMATE ACTION private sector initiation and investment will be critical. Project results will REDUCED finance projects in China to countries such as Pakistan, Morocco, the Ivory INEQUALITY PARTNERSHIPS Coast, and Cambodia, to increase the agricultural productivity and income FOR THE GOALS meet the needs of both public and private sector clients and stakeholders, PARTNERSHIPS FOR THE GOALS of farmers and agri-MSMEs. This activity also supports regional agricultural while also contributing to global public goods through a web-based tool open benchmark data development, to allow financial institutions and fintech to all governments and development partners, as well as the dissemination companies to better analyze and mitigate risks in agri-finance. of new methods for assessing rooftop solar potential. Promoting Disability-Inclusive SDG Implementation Women on Boards and in Business Leadership LED BY WB SOCIAL DEVELOPMENT PRACTICE GROUP LED BY IFC ENVIRONMENTAL, SOCIAL & GOVERNANCE TEAM Centered on knowledge sharing and capacity building for disability data Inextricably linked to IFC’s mission to create markets and opportunities, the generation and management, this activity will involve training on disability Women on Boards and in Business Leadership program (WBBL) provides data for key national stakeholders, collecting and using disability- training, thought leadership, and strategies to mainstream gender into QUALITY disaggregated data across the World Bank project cycle, and supporting GENDER EQUALITY IFC’s investments and advisory work. This activity builds on WBBL to EDUCATION client countries to design projects that address and include persons with DECENT WORK promote greater gender diversity in global business leadership through DECENT WORK AND ECONOMIC AND ECONOMIC disabilities. This will be achieved through training modules, technical briefs, GROWTH transformative training. WBBL advances the business case for more women GROWTH and peer-to-peer knowledge sharing platforms. REDUCED on the boards of emerging and frontier market companies and builds the REDUCED INEQUALITY INEQUALITY pipeline of qualified women aspiring to executive positions.  PARTNERSHIPS SUSTAINABLE Partners for this activity include the International Disability Alliance (IDA), FOR THE GOALS CITIES AND WBBL will develop specialized material focusing on gender diversity in COMMUNITIES Sightsavers, and the Global Partnership for Sustainable Development PARTNERSHIPS Data. The activity will start with country pilots in Nigeria and Ghana, as a different sectors, including infrastructure and family businesses or unlisted FOR THE GOALS first catalytic step toward a larger agenda for the institution in support of companies in emerging and frontier markets. The program will also deliver inclusiveness in WBG projects, a cornerstone of IDA19. IDA19 will leverage training to female directors and senior managers; promote role models and existing World Bank commitments on disability-inclusive development and mentorship; and share knowledge products and new research. The activity incorporate the needs of persons with disabilities into IDA operations. aims to train 20 additional trainers and over 100 additional businesswomen, and will hold a range of global events, including workshops, roundtables, and publication launches. 30    31 PROGRAMMATIC TOOLS AND DATA Enabling Access to Credit for Marginalized Groups through 2020 Vision: A Data-Driven Exploration of Alternative Data for Credit Reporting SDG Monitoring and Implementation LED BY IFC GLOBAL FINANCIAL INCLUSION, ACCESS & INFRASTRUCTURE GROUP LED BY WB DEVELOPMENT ECONOMICS DEVELOPMENT DATA GROUP This activity aims to promote access to credit for MSMEs and marginalized This activity aims to help the general public and policy makers understand communities through the use of alternative data for creditworthiness how the SDGs are being measured, provide a more detailed view of selected NO POVERTY ALL GOALS assessment by deploying digital platforms and applying new technologies targets, and highlight connections between these global goals and World GENDER EQUALITY to develop scoring models that lenders can use to assess the risk profile Bank activities, as well as the recent global health crisis. The activity will DECENT WORK AND ECONOMIC of MSMEs. A country pilot in South Africa supports the collection and produce the 2020 SDG Atlas, which makes use of the World Development GROWTH processing of all reliable alternative data, including online banking Indicators database, as well as information from other sources including INDUSTRY, INNOVATION AND transactions, digital and utility payments, and trade credit. The pilot will also national and international agencies, or data produced by academic INFRASTRUCTURE examine the predictive power of alternative data sources. institutions and researchers, in order to shed light on interesting dimensions of the SDGs. Progress was significantly impacted by COVID-19 and the team has been working with pilot leaders during the lockdown to minimize the delays that The SDG Atlas will provide the perspective of World Bank experts on each will arise due to the pandemic. The pandemic has elevated the importance of the 17 SDGs by highlighting trends, comparisons, and measurement of alternative data in promoting credit worthiness of MSMEs during the issues related to the SDGs. In response to COVID-19, the SDG Atlas plans recovery stage. As a result, the team engaged with pilot leaders to identify to introduce a strong link between COVID-19 and SDG 1, SDG 3, SDG 4, and ways alternative data and new models can contribute to policy formulation SDG 16. In addition, this activity will produce Field Notes — a set of engaging and credit granting during the recovery phases. This includes the triaging of case studies exploring the connections between SDG goals and World Bank fiscal support and the resolution of non-performing loans. operations, and selected stories on the impact of the pandemic. The Central Asia Water Accountancy Project Big Data Fusion for Accurate, Real-time, and Granular Insights LED BY IFC GLOBAL INDUSTRIES  on the SDGs The Central Asia Water Accountancy Project has designed a GIS tool LED BY WB DEVELOPMENT ECONOMICS DEVELOPMENT DATA GROUP for water data analysis, as well as a data collection methodology to inform This activity combines multiple big data sources like social media, decision-making on water usage in Kazakhstan, Kyrgyzstan, Tajikistan, news sources, and GPS location data to address data gaps, monitor and ZERO HUNGER Turkmenistan and Uzbekistan. The tool relies on satellite data and an DECENT WORK predict labor market policy outcomes. As a global initiative, this activity will CLEAN WATER AND AND ECONOMIC SANITATION FAO-designed data analysis algorithm for water accounting, in addition GROWTH deliver knowledge products to be integrated into the World Bank Group’s AFFORDABLE AND to quantitative and qualitative ground data. The methodology covers REDUCED data repository and will provide capacity building support for more than CLEAN ENERGY INEQUALITY “shared benefits” scenarios that balance the needs for food, energy, 20 countries across Southeast Asia, Latin America, and the Middle East & RESPONSIBLE and industrial purposes. CONSUMPTION North Africa. AND PRODUCTION CLIMATE ACTION To ensure a fair and unbiased assessment, this tool is unaffiliated, and can These data products and capacity building components will ultimately PEACE AND be used with any GIS platform (ArcGIS, QGIS, etc.) This project holds the benefit countries’ labor forces, owing to governments’ improved capacity to JUSTICE STRONG INSTITUTIONS potential to establish a more accurate accounting system for water flows in design and deliver effective policies and programs impacting employment. PARTNERSHIPS the region, to enable transparency for water usage, and to promote the use They also provide unique capability to monitor in real-time the impact of FOR THE GOALS of water flow models and ledgers to inform water policies at a regional level. COVID-19 on the employment conditions of various socioeconomic groups. 32    33 Developing Tools to Accelerate SDG Action Implications of Informality for Sustainable Development LED BY WB MACROECONOMICS, TRADE & INVESTMENT GLOBAL PRACTICE LED BY EQUITABLE GROWTH, FINANCE & INSTITUTIONS PRACTICE GROUP  The adoption of the 2030 Agenda for Sustainable Development represents Informal activity is widespread in emerging markets and developing a historic opportunity for countries to move on a steady sustainable economies and accounts for more than 90 percent of employment in some development path. However, it also presents a great challenge to countries of the poorest economies in the world. Widespread informality holds back ALL GOALS as they are expected to develop and adopt a coherent and integrated NO POVERTY poverty reduction and poses challenges to the progress towards the SDGs GOOD HEALTH AND approach to their National Sustainable Development Strategies (NSDS). To WELL-BEING and the WBG’s twin goals. This activity aims to help the general public and help governments design their NSDS and their implementation, the World GENDER EQUALITY policy makers understand the challenges posed by a pervasive informal Bank has developed an assessment framework designed to benchmark DECENT WORK economy and its implications for achieving the SDGs, especially in the progress and propose initial sets of priorities. The World Bank’s “Trajectories AND ECONOMIC GROWTH context of the current pandemic and economic downturn. for SDGs and Network Analysis” has been applied to over 20 developing REDUCED countries, the majority of whom operate in contexts of scarce data and low INEQUALITY This activity will produce 1) a comprehensive study (Growing in the Shadow: statistical capacity. PARTNERSHIPS Implications of Informality for Development) of the challenges posed by FOR THE GOALS informality for meeting the SDGs, with a heavy focus on policy options to The SDG Acceleration Toolbox was established to both refine and augment address these challenges; 2) a database (Global Database of Informality) the aforementioned methodologies to include a review of public capital of 12 measures of informality that have been widely used in the literature expenditures to assess current capacities and opportunities to expand fiscal for up to 196 countries (36 advanced economies and 160 EMDEs) for 1990- space and spending effectiveness. Currently focused on Egypt, Kazakhstan, 2018; 3) a web page of the database and related analytical work. This will and Vietnam, the Toolbox will also include an assessment of institutional be the first time for the WBG to produce such an in-depth analytical report mechanisms. The project endeavors to provide evidence-based information on informality accompanied by a comprehensive database on multiple to policy makers for the prioritization of resources to achieve the SDGs. measures of informality. Expanding the WBG Global Monitoring Database for SDG Knowledge Support to Welfare Analysis of Monitoring Analysis Private Sector Interventions LED BY WB POVERTY & EQUITY GLOBAL PRACTICE   CO-LED BY WB POVERTY & EQUITY GLOBAL PRACTICE; AND THE IFC SECTOR ECONOMICS & DEVELOPMENT IMPACT DEPARTMENT This activity aims to unlock the potential of one the Bank’s most unique assets — its collection of nationally representative household surveys The WB Poverty and Equity GP jointly with a team from IFC Sector Economics NO POVERTY NO POVERTY that measure poverty. The activity harmonizes these surveys to the Global launched a knowledge support initiative focusing on two workstreams: QUALITY DECENT WORK EDUCATION Monitoring Database (GMD) 2.0, creating common variables and codes to AND ECONOMIC 1) estimating the distributional impact of sectoral interventions and 2) hundreds of variables on household characteristics. GMD 2.0 includes rich GROWTH developing a Job Quality Index (JQI) across countries. Important progress has GENDER EQUALITY information on labor market outcomes, the characteristics of households REDUCED AFFORDABLE AND INEQUALITY been made on the distributional impact analysis, including the development CLEAN ENERGY and dwellings, the geographic location of the household, and households’ of the microsimulation tool prototype that integrates the IFC’s economic DECENT WORK AND ECONOMIC access to water and sanitation facilities. The GMD 2.0 database is designed impact modelling framework with micro-survey data to estimate the impact GROWTH to monitor/track various SDG indicators beyond poverty and inequality. on poverty and incomes. The team identified and is applying the tool to three REDUCED INEQUALITY countries: Bolivia, Colombia, and Rwanda. With support from the Fund, the team has developed a data dictionary and guidelines for harmonization, and six regional teams have harmonized The key achievements in developing the JQI across countries includes: 1) approximately 70 surveys, with another 73 to be completed in the coming literature review, 2) design of an initial methodology proposal to be finalized months. This activity will develop a common set of programs that perform after data collection and review of household surveys, as well as their quality analytical tasks for each country and will continue to expand the GMD 2.0 and coverage across countries, 3) finalized data cleaning and extraction of to facilitate monitoring of more SDG indicators. This activity also plans to key underlying indicators for LAC countries, plus ongoing work on the second combine GMD 2.0 data with the harmonized COVID-19 phone survey data to round of countries. Both workstreams, the distributional impact analysis give timely and better understanding of changing profiles of people impacted as well as the JQI, are well positioned to contribute to better understanding due to the pandemic. the impact of pandemics and guiding policy makers in their response to the health crisis as well as during the economic recovery phase. 34    35 BUILDING PARTNERSHIPS Qualitative and Interactive Mapping of Building Partnerships to Accelerate Development of Gender-Based Violence Service Providers Human Capital LED BY WB SOCIAL DEVELOPMENT PRACTICE GROUP LED BY WB HUMAN DEVELOPMENT PRACTICE GROUP This activity will develop an online mapping of Gender-Based Violence The WBG’s Human Capital Project (HCP) is a global effort to accelerate more (GBV) service providers to survivors in selected areas of three pilot and better investments in people for greater equity and economic growth. GENDER EQUALITY NO POVERTY countries: Nigeria, Liberia, and Mozambique. The map will help identify With COVID-19, it’s crucial to understand why countries should invest in and PEACE AND GOOD HEALTH AND JUSTICE STRONG accessibility, geographical coverage, and quality of service provision for WELL-BEING protect human capital. The World Bank, countries, and partners are coming INSTITUTIONS GBV survivors. This work is carried out in collaboration with UN agencies to QUALITY together to try and close the global human capital gap during this pandemic EDUCATION PARTNERSHIPS help support data collection and management; with research institutions and beyond. HCP convenes 77 countries from all regions and income levels. FOR THE GOALS GENDER EQUALITY and non-governmental organizations that work on the issues of GBV in these With support from the Fund, a series of case studies on human capital DECENT WORK countries; and with World Bank projects to ensure the operationalization and AND ECONOMIC based on country experiences in Ghana, the Philippines, and Singapore were GROWTH use of the data collected. prepared in 2020. SUSTAINABLE CITIES AND This activity will increase the availability of current and regularly updated COMMUNITIES HCP’s Innovative and Core Analytics include the Public Expenditure and data on service provisions to support elimination of all forms of violence Institutional Review (PEIR), which assesses and aligns expenditures to against women and girls and improve equal access to justice (SDGs 5 and country-specific human capital priorities, with pilots in Bangladesh, Kenya, 16). It will also improve the use of technology to foster cooperation between and Togo; as well as the Human Capital Index (HCI) Compass, which provides governments, civil society, the UN, private service providers and IFIs (SDG guidance for countries’ assessment of progress toward improved human 17). This work is part of a broader effort to strengthen WBG commitment capital, with pilots in Senegal, Guatemala, and Panama. The HCP will host a toward greater shared prosperity by increasing inclusion of marginalized and high-level virtual event with Ministers of Finance and development partners vulnerable groups and helping spread awareness of social inclusion concerns. at the WBG-IMF Annual Meetings in October 2020. The HCP will host the first Global Forum of HCP Focal Points and a Study Tour in early 2021, which is supported by the Fund. Ideas for Action LED BY WB EXTERNAL & CORPORATE RELATIONS ENGAGEMENT & PARTNERSHIPS UNIT Ideas for Action (I4A) provides students and young professionals from around the world with a unique opportunity to help shape the international development agenda and to take an active role in changing the world. A joint ALL GOALS program of the World Bank Group and the Zicklin Center for Business Ethics Research at the Wharton School, I4A is a knowledge platform connecting young global leaders who are passionate about the future of development. I4A engages young people to develop innovative ideas in support of the implementation of the SDGs, bridging the gaps between youth, private sector, civil society, and academia by expanding its global support system for the participating young innovators and leaders. This activity produces a newsletter with 8,000 subscribers and has an extensive database of submitted proposals that allow for more in-depth data analysis into ideas and solutions to achieve the SDGs.  The activity publishes an annual booklet, highlighting the innovative ideas of the winning proposals. The publication is aimed at allowing the World Bank Group and other development partners to recognize the incredible talent and innovative spirit that these young people bring to the global development conversation— breaking away from existing development practices in pursuit of innovative and scalable approaches. 36    37 Multi-Stakeholder Solutions to Support Peace and Inclusion Catalyzing Private Capital Markets for the SDGs LED BY WB SOCIAL DEVELOPMENT PRACTICE GROUP LED BY WB TREASURY This activity is designed to deepen the Bank’s involvement in the multi- This activity will expand impact reporting by the World Bank Treasury stakeholder partnership convened by the Pathfinders for Peaceful, Just and to the entire portfolio of IBRD Sustainable Development Bonds to share Inclusive Societies, which brings together UN member states, international the outcomes and impact of IBRD’s portfolio and the connection to the PEACE AND organizations, think tanks, and civil society. Activities are focused around ZERO HUNGER SDGs with buyers of World Bank bonds. This “rebranding” of World Bank JUSTICE STRONG GOOD HEALTH AND INSTITUTIONS contributions to an ongoing policy dialogue on inequality and exclusion, WELL-BEING issuances to connect operations to the SDGs is a fundamental part of the PARTNERSHIPS launched as a “grand challenge” by the Pathfinders in 2017. GENDER EQUALITY WB Treasury’s issuance strategy to support the Bank’s role in achieving the FOR THE GOALS CLEAN WATER AND SDGs and promoting sustainable capital markets built around transparency Activities under this grant have supported innovation on new tools and SANITATION and disclosure. reviews of best practices to improve existing ones, including on community- AFFORDABLE AND CLEAN ENERGY driven development and spatial inclusion. Outputs of the work have been This work includes developing a methodology and mapping activities to SUSTAINABLE discussed in high-level policy settings and are expected to continue to inform CITIES AND the SDGs, preparing a bond issuance framework, contracting with a second COMMUNITIES the forward research and action agenda of the WBG and SDG partners. opinion provider to opine on the framework for issuing such bonds, and RESPONSIBLE CONSUMPTION engaging with investors and market stakeholders on this full balance sheet AND PRODUCTION approach – with the goal of raising awareness about the SDGs and related CLIMATE ACTION Refugee Investment and Matchmaking Platform World Bank programs and demonstrating how investors can contribute to LIFE BELOW WATER CO-LED BY WB EXTERNAL & CORPORATE RELATIONS ENGAGEMENT & PARTNERSHIPS achievement of the SDGs.  LIFE ON LAND UNIT AND THE WB EQUITABLE GROWTH, FINANCE & INSTITUTIONS GROUP   The Refugee Investment and Matchmaking Platform (RIMP) seeks SDGs and Her Initiative to support the development of more prosperous communities by helping NO POVERTY LED BY WB EXTERNAL & CORPORATE RELATIONS ENGAGEMENT & PARTNERSHIPS UNIT to stimulate economic growth and employment opportunities for refugees GENDER EQUALITY and their hosts. To this end, the RIMP brings together a coalition of partners This initiative is a partnership between the World Bank Group, the DECENT WORK from the business, impact investment, philanthropic, and development AND ECONOMIC United Nations Development Program, UN Women and the Wharton GROWTH communities. The initiative is being piloted in Jordan, with potential to scale School’s Zicklin Center. The main objectives of SDGs and Her are to: REDUCED up, and is global in its vision to promote a knowledge and partnerships 1) to recognize women implementing the SDGs, including women business INEQUALITY GENDER EQUALITY agenda for the SDGs. owners of micro and small enterprises (MSMEs); 2) to increase knowledge PEACE AND PARTNERSHIPS JUSTICE STRONG FOR THE GOALS about the SDGs and their potential impacts on women among non-traditional INSTITUTIONS The RIMP targets interventions to support local companies that audiences; and 3) to collaborate with private sector partners on all SDGs, PARTNERSHIPS FOR THE GOALS can create jobs, products, and services for refugees and their hosts but SDG5 in particular; to share best practices and innovative ideas.  through four components: The initiative conducts an annual online competition for women 1) Matchmaking, to promote business-to-business interaction between local entrepreneurs to showcase how they are supporting the Sustainable and global companies, thus enabling more exports and jobs for refugees; Development Goals through their business operations. The first ever SDGs and Her competition in 2018 received over 1,200 contenders from 2) Investment, to mobilize capital in support of local companies 88 countries, while the 2020 competition attracted over 2,400 entries benefitting refugees; from all WBG regions.  3) Policy Linkages and Institutional Development, to build local capacity and contribute knowledge and on-the ground experience in engaging the private sector in situations of forced displacement; and 4) Global knowledge and advocacy, to mobilize actors from across philanthropy and the private sector to commit to tangible action in support of refugees, share lessons learned and amplify positive stories. 38    39 GOVERNANCE The Fund was established under the following governance framework: BANK-EXECUTED ACTIVITIES: Comprised of a WBG Task Team Leader and operational team Leads project implementation in collaboration with external partners PARTNERSHIP COUNCIL: Comprised of Fund donor partners BANK-EXECUTED Meets annually to guide strategic direction, advise on priorities, and ACTIVITIES provide feedback on operations ND SEL FU STEERING COMMITTEE: ECT Comprised of high-level representatives of the WBG— from across corporate, regional, and sector teams— and chaired by a WBG VP Evaluates and approves project proposals, and reviews overall progress of Fund activities PARTNERSHIP STEERING SECRETARIAT: COUNCIL COMMITTEE Comprised of WBG staff Manages day-to-day Fund operations and oversees project implementation RE E PO VIS RT AD SECRETARIAT On October 17, 2019 the Fund hosted its inaugural Partnership Council Meeting, attended by representatives from the Swedish International Development Cooperation Agency, the Republic of Korea Ministry of Economy and Finance, and Hyundai Steel, and chaired by WBG Senior Vice President Mahmoud Mohieldin. 40    41 LOOKING AHEAD For many countries, the financial and economic consequences of COVID-19 will remain for years, transforming the context in which the Sustainable Development Goals are pursued. Looking ahead, our aim will be to accelerate progress in fighting the pandemic and to transform crisis into opportunity. The World Bank Group is working with over 100 countries to bolster their health systems and broad-scale pandemic response as well as lay the groundwork for recovery. Our strategy for rebuilding better entails achieving resilient, inclusive and sustainable recovery by strengthening policies, institutions and investments in a world transformed by this pandemic. This means helping to ensure that emergency-related short-term government actions keep a clear line of sight toward supporting the recovery and long-term development goals. The Fund continues to develop unique tools, knowledge products, and partnerships that are critical in keeping us on track to achieve the global goals by 2030. As countries rebuild and recover, the Fund will draw from World Bank Group expertise, and that of our partners, to support medium-term priority actions, including data collection and analysis; capacity-building; and knowledge-sharing based on lessons learned from past crises. We will continue to put our knowledge to work through advisory services and analytics to help inform policy and institutional reforms, while leveraging multi-stakeholder partnerships to share knowledge, experience, and resources. Finally, in alignment with our mission, the Fund will remain focused on building resilience into the long-term potential of countries’ sustainable development pathways, while restoring momentum on the World Bank Group’s goals to end extreme poverty and boost shared prosperity. 42    43 ANNEXES ANNEX I. FINANCIAL HIGHLIGHTS This report covers a 12-month period, from July 1, 2019 to June 30, 2020, following the World In FY20 (July 2019 – June 2020), total disbursements and commitments more than tripled from Bank Group’s Fiscal Year (FY20). This annex provides financial information concerning donor the previous year (January - June 2019). To date, the Fund has disbursed more than US$2.7million. contributions, disbursements and commitments, and program management and administration costs for the Fund. Figure B: FY19 & FY20 Cumulative Disbursements (January 2019 – June 2020) $USD Donor Contributions to the Fund 3,000,000 As of June 30, 2020, total net donor contributions to the Fund amounted to US$8 million, as detailed in Table 1. 2,500,000 Table 1: Overview of Donor Contributions to the Fund 2,000,000 1,500,000 DONOR AMT PLEDGED AMT PLEDGED AMT RECEIVED CURRENCY (DONOR CURRENCY) (USD) (USD) 1,000,000 500,000 Sweden (Sida) SEK 63,000,000 6,829,321 6,829,321 Republic of Korea (MOEF) USD 900,000 900,000 900,000 – Hyundai Steel Company USD 85,000 85,000 85,000 Jan Feb Mar Apr May Jun July Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 2019 2020 Total 7,814,321 TOTAL DISBURSEMENT CUMULATIVE ACTIVITY DISBURSEMENT CUMULATIVE PMA DISBURSEMENT Investment Income 196,182 Net Contributions 8,010,503 Program Management and Administration Since its establishment, US$365,605 – roughly 11% of total disbursements and commitments – Allocations, Disbursements and Commitments has gone to covering Program Management and Administration (PMA) costs incurred by the Since inception, a total of approximately US$5.5million – nearly 70% of total donor Fund Secretariat. These include expenditures on general program management, monitoring and contributions – have been allocated to Fund activities. As of June 30, 2020, approximately evaluation, outreach and engagement, and communications. US$3.3million – more than half of all allocated funding – has been disbursed or committed. Figure B illustrates relatively low activity disbursements in the first year of the program, but Figure A: Fund Financial Overview (as of June 30, 2020) exponential growth of this figure since June 2019. As this trend is expected to continue, the percentage of PMA costs is likely to decrease in the coming years. $USD 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 – Grant Amount Grant Amount Pipeline Disbursements Approved Received (Approved Grants with since inception + GFRs* in Progress) Commitments at June 30 2020 OPERATIONS PROGRAM MANAGEMENT AND ADMINISTRATION COSTS (PMA) * GRANT FUNDING REQUEST 44    45 IMAGE CREDITS Shutterstock: ANNEX II. STEERING COMMITTEE 2019-2020 PAGE 20 AND 21 Mexico City Mahmoud Mohieldin Sheila Redzepi PAGE 22 A River in Kazakhstan Outgoing Chair Incoming Chair Senior Vice President, Vice President, PAGE 25 All Images SVPMM External and Corporate Relations PAGE 28 AND 29 Mexico, Bolivia, Sierra Leone, Manuela Ferro Karin Finkelston and Mozambique, Sri Lanka Vice President, OPCS Vice President, IFC PAGE 30 VP Partnerships, Disability-Inclusive SDG Mamta Murthi Communications & Outreach Implementation Director, Strategy and PAGE 31 Operations, Infrastructure Aradhana Kumar-Capoor Rooftop Solar Practice Group General Counsel, MIGA PAGE 32 The Central Asia Water Ousseynou Nakoulima Robert Saum Accountancy Director, IFC Director, South Asia PAGE 33 All Images VP Partnerships, Communications & Outreach PAGE 34 The Global Monitoring Database PAGE 37 Ideas for Action ANNEX III. SECRETARIAT ESMAP: Juliana Knapp Lisa Maria Castro PAGE 20 Solar Rooftop Mapping Operations Officer Research Analyst External and Corporate Relations External and Corporate Relations IFC: PAGE 22 Satellite image of the Turkestan Oblast of Kazakhstan WBBL: PAGE 26, 27 AND 31 World Bank Group: All other images 46  www.worldbank.org/sdgfund