Instrument of Withdrawal from the Wealth Accounting and Valuation of Ecosystem
    Services (PLUS) (“WAVES PLUS”) Multi-donor Trust Fund (No. TF072708)
                          (Donor Reference No. 204933)

1.      Reference is made to the Administration Arrangement between the United
Kingdom of Great Britain and Northern Ireland, acting through the Department for
International Development (the “Donor”) and the International Bank for Reconstruction
and Development and the International Development Association (collectively, the
“Bank”) regarding the Wealth Accounting and Valuation of Ecosystem Services (PLUS)
(“WAVES PLUS”) Multi-donor Trust Fund (No. TF072708) (the “Trust Fund”) effective
as of November 9, 2016, as amended (the “Administration Arrangement”).

2.     Reference is also made to the Donor’s communication dated February 13, 2020,
informing the Bank of its desire to withdraw from the Trust Fund. Accordingly, the Donor
and the Bank agree to the following:

       (a)    In accordance with paragraph 5.2 of Annex 2 to the Administration
              Arrangement, the Donor’s pro rata share of any uncommitted balance of the
              Trust Fund is cancelled effective May 19, 2020 (“Cancellation Date”).

       (b)    Notwithstanding paragraph 5.2 of Annex 2 to the Administration
              Arrangement, the Donor hereby waives any rights to receive (i) its pro-rata
              share of any remaining uncommitted balance of the Trust Fund as of the
              Cancellation Date; (ii) its pro-rata share of any remaining balance of the
              Trust Fund as of the final end-disbursement date; and (iii) any funds that
              the Donor may be entitled to receive after the end-disbursement date of the
              Trust Fund.

       (c)    As of the Cancellation Date, the Donor will have no further rights with
              respect to the Trust Fund including no rights to participate in any applicable
              governance arrangements of the Trust Fund, and the Bank shall have no
              further obligations to the Donor under the Administration Arrangement,
              including no obligation to provide financial or progress reports.

3.      The Bank will disclose this Instrument of Withdrawal (the “Instrument”) and
related information on this Trust Fund in accordance with the World Bank Policy on
Access to Information. The Donor hereby consents to the disclosure of this Instrument and
related information on this Trust Fund.


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4.      Each of the Signatories represents, by confirming its acceptance below, that it is
authorized to enter into this Instrument and act in accordance with its provisions. The
Signatories are each requested to sign and date this Instrument, and upon possession by the
Bank of this fully signed Instrument, this Instrument will become effective as of the date
of the last signature.


INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION


By:    ______________________________/s1/
                Juergen Voegele
Name: ______________________________/n2/
                Vice President
Title: ______________________________/t2/
                02-Jun-2020
Date: ______________________________


UNITED KINGDOM OF GREAT BRITAIN AND NORTHERN IRELAND,
acting through the Department for International Development


By:    ______________________________/s2/
                Neil Jackson
Name: ______________________________/n2/
                Chief Statistician, DFID
Title: ______________________________/t2/
                13-Jul-2020
Date: ______________________________/d2/