SOFFICIA The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS Date: Mr. Ramon Fernandez Director General of the Treasury Ministry of Economy and Finance 139 rue de Bercy 75 572 Paris Cedex I France Amendment to Amended and Restated Agreement between the Ministry of Economy and Finance of the Republic of France, and the International Bank for Reconstruction and Development and the International Development Association concerning the financing of the Multi-Donor Trust Fund for the Global Gas Flaring Reduction Public-Private Partnership (the "GGFR") (TF050954) Dear Mr. Fernandez: 1. Reference is made to the Amended and Restated Agreement (the "Agreement") between the Ministry of Economy and Finance of the Republic of France (formerly named Ministry of Economy, Finance and Employment) (the "Contributor") and the International Bank for Reconstruction and Development ("IBRD") and the International Development Association ("IDA", and together with the IBRD, the "Bank") concerning the financing of the Multi-Donor Trust Fund for the Global Gas Flaring Reduction Partnership (TF050954) (the "GGFR Trust Fund"), dated December 2, 2009. 2. Pursuant to recent discussions between the Contributor and the Bank concerning the extension of the term of the GGFR Trust Fund; the Bank and the Contributor agree to amend the Agreement as of the Amendment Effective Date (as defined below) as follows: 2.1. Section 7.1. of the Standard Provisions shall be amended by deleting it in its entirety and replacing it with the following: "7.1. It is expected that the Contributions will be fully disbursed by the Bank in accordance with the provisions of this Amended and Restated Agreement by June 30, 2016. The Bank shall only disburse Contributions for the purposes of this Amended and Restated Agreement after such date with the written approval of the Contributors." 3. In addition, we are pleased to acknowledge that the Contributor will make available to the Bank the sum of six hundred thousand United States Dollars (US$600,000) (the "Contribution") for the GGFR Trust Fund. The Bank shall transfer the Contribution from the Donor Balance Account ("DBA") of the French Ministry of Economy and Finance TF059001 promptly following countersignature of this Amendment by the Contributor. 4. All other terms of the Agreement remain unchanged. -2- 5. Please confirm your agreement with the foregoing, on behalf of the Contributor, by signing, dating, and returning to us the enclosed copy of this Amendment. Upon receipt by the Bank of the copy of this Amendment duly countersigned by you, this Amendment shall become effective as of the date of the countersignature, provided that the amendments specified in Section 2 above shall only become effective as of the date that the last of the then current contributors to GGFR Trust Fund provides to the Bank its countersignature to its respective amendment regarding the subject matter therein (the "Amendment Effective Date"). Sincerely, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION I. ijay lyer Director Department of Sustainable Energy (SEG) CONFIRMED AND AGREED: MINISTRY OF ECONOMY AND FINANCE OF THE REPUBLIC OF FRANCE By: Date: 25 OCT. 2012 Name: Ramon Fernandez Title: Director General of the Tr asury