Amendment No. 1 to the Administration Agreement between the Bill & Melinda Gates Foundation and the International Bank for Reconstruction and Development and the International Development Association concerning the Promoting Multisectoral Policies to Boost Human Capital Outcomes Multi-Donor Trust Fund (Trust Fund No. 073417) 1. Reference is made to the Administration Agreement between the Bill & Melinda Gates Foundation (the “Donor”) and the International Bank for Reconstruction and Development and the International Development Association (collectively, the “Bank”, and together with the Donor, the "Parties" and each a "Party") regarding the Promoting Multisectoral Policies to Boost Human Capital Outcomes Multi-Donor Trust Fund (Trust Fund No. 073417) (the “Trust Fund”) effective as of November 28, 2019 (the “Administration Agreement”). 2. The Parties agree to amend the Administration Agreement as follows: (a) The name of the Trust Fund is amended in the heading, paragraphs 1, 2, 5 and 7 and the heading of Annex 1 of the Administration Agreement to read as “Advancing Human Capital Outcomes Globally Multi-Donor Trust Fund”. (b) Paragraph 1 of Annex 1 shall be deleted and replaced with the following: “1. Objectives: The objective of the Trust Fund is to improve the capacity of member countries to implement evidence-based multisectoral national and global strategies for enhancing human capital.” (c) The activities description under paragraph 2 of Annex 1 shall be deleted and replaced with the following: “2. Activities 2.1 Bank-executed activities, for which the Bank has implementation responsibility: (a) Knowledge, Evidence, Management and Country Engagement: Activities under this component will focus on strengthening the capacity of governments to identify and address key human capital-related constraints and on conducting analytical work on human capital outcomes. Specific activities will include, but are not be limited to: (i) developing human capital-related analytical tools and analyzing data on human capital outcomes including service delivery indicators, public expenditure and demographics; (ii) analyzing priorities articulated in the Bank's regional human capital business plans; (iii) providing technical assistance, based on good practices, to governments to build their capacity in developing human capital roadmaps and strategies; (iv) organizing training and workshops to strengthen the government capacity on the use of analytical tools and data analysis; and (v) developing and disseminating knowledge on key areas of human capital- related constraints and opportunities. (b) Global Engagement: Activities under this component will focus on building strategic partnerships to improve the understanding and importance of investments in human capital. Specific activities will include, but are not limited to: organizing south- south exchanges, conducting study tours, and carrying out workshops and webinars to disseminate knowledge and best practices for enhancing human capital. 1 (c) Project identification and supervision. Carry out identification and appraisal of and provide implementation support to Recipient-executed activities. (d) Program management and administration activities for the Trust Fund, including but not limited to, supporting any program governance arrangements and Trust Fund related meetings; planning and executing work plans and budgets; managing communications and conducting outreach; disseminating lessons learned; reporting on progress; and monitoring and evaluating the program. 2.2 Recipient-executed activities, for which one or more Recipients (as defined in Annex 2) have implementation responsibility: Providing grants to selected countries to implement human capital projects including, but not limited to: (i) developing human capital roadmaps, strategies and business plans to improve human capital outcomes; and (ii) piloting new investments in human capital.” (d) Annex 3 on Governance shall be deleted in its entirety and replaced with the new Annex 3, attached hereto. 3. All other terms of the Administration Agreement shall remain the same. 4. Each of the Parties represents, by confirming its agreement below, that it is authorized to enter into this Amendment and act in accordance with these terms and conditions. The Parties are requested to sign and date this Amendment, and upon possession by the Bank of this fully signed Amendment, this Amendment shall become effective as of the date of the last signature. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION 30-Mar-2021 By: ______________________________/s1/ Date:______________________ Mamta Murthi Name: ______________________________/n1/ Vice President, Human Development Title: ______________________________/t1/ BILL & MELINDA GATES FOUNDATION 30-Mar-2021 By: ______________________________/s2/ Date:______________________ Dan Peters Name: ______________________________/n2/ Senior Program Officer Title: ______________________________/t2/ 2 Attachment “ANNEX 3 Governance This Annex shall be applicable to and form an integral part of all Administration Agreements between the Bank and the respective Donors. 1. A Partnership Council will be established to: (a) provide strategic guidance and direction on the implementation of this Trust Fund and any other Bank administered trust funds that, as determined by the Bank, that support the achievement of the Trust Fund’s objective (“Associated Trust Funds”); and (b) review progress reports provided by the Bank based on the results framework for the Trust Fund and any Associated Trust Funds. 2. The Partnership Council will comprise the following members: (a) representatives from the Bank, including as chair; (b) a representative of each Donor contributing to this Trust Fund; and (c) a representative of each Donor contributing to Associated Trust Funds. 3. The Partnership Council will be expected to meet annually, as convened by the Bank. Meetings may be conducted physically or virtually. The Bank may agree to hold ad hoc meetings of the Partnership Council at the request of a member. 4. The Bank may, in consultation with the Partnership Council, invite other relevant stakeholders to attend meetings of the Partnership Council. 5. The Donors contributing to the Trust Fund and the Bank will endorse annual work plans and budgets for the Trust Fund presented by the Bank during the Partnership Council meetings. Decisions will be made by consensus of the Bank and the Donors contributing to the Trust Fund.” 3