89583 Japan and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Japan’s contributions to the World Bank Group (WBG) totaled US$11,611.8 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Japan contributed US$1,082.7 million to the International Development Association (IDA), US$31.8 million to International Bank for Re- construction and Development/IDA trust funds (IBRD/IDA TFs), and US$266.9 million to Financial Intermediary Funds (FIFs). 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) FIFs 800 2,708.3 (23%) 700 600 (US$ Millions) IFC TFs 500 FIFs 37.6 400 (<1%) IBRD/IDA TFs 300 IBRD/IDA IFC TFs 200 TFs 898.6 IDA (8%) 100 7,967.4 (69%) 0 2009 2010 2011 2012 2013 • Number of active TFs at end of FY14Q2 was 65, including 33 IBRD/IDA TFs, 16 FIFs, and 16 International Finance Corporation (IFC) TFs. • Japan ranked 4th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Japanese contributions were received mainly from the Ministry of Finance, at 62 percent, and the Ministry of Foreign Affairs, at 37 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) IBRD/IDA Special Fund for Policy and Human Resources Development 451.1 Afghanistan Reconstruction Trust Fund 268.0 Japan Social Development Fund (JSDF) 144.4 The Global Fund to Fight Aids, Tuberculosis, and Malaria 1,020.7 FIF Strategic Climate Fund 983.8 Global Environment Facility (GEF) - Trust Fund 634.1 IFC Comprehensive Japan Trust Fund 37.6 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Japan signed new contribution agreements totaling US$177.9 million with the largest contributions to each IBRD/IDA TFs, FIFs, and IFC TFs as follows: »» Special Fund for Policy and Human Resources Development (IBRD/IDA, US$31.3 million) »» The Global Fund to Fight AIDS, Tuberculosis, and Malaria (FIF, US$122.3 million) »» Japan/Private Enterprise Partnership-Africa (PEP-Africa) Holding Trust Fund (IFC, US$3.0 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 Japan and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 75 percent (US$642.8 million) in disbursements from IBRD/IDA TFs supported by Japan were made through recipient- executed trust funds, of which 46 percent co-financed Bank projects. The remaining 25 percent (US$217.9 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector Global 180 LCR 58.4 LCR 52.4 24.7Global (4%) 158.2 (8%) 22.3 (4%) SAR 184.3 160 (10%) SAR 138.2 (29%) 140 119.2 (23%) (US$ Millions) ECA 65.0 120 95.6 (10%) 100 AFR 81.3 74.3 80 59.5 (13%) 60 45.0 33.5 AFR 95.1 40 26.2 17.9 (15%) 13.0 20 0.5 0 EAP 110.3 ECA 84.8 MNA (18%) (14%) 120.2 EAP MNA 101.2 (19%) 110.3 (16%) (18%) 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 Japan Top 10 Donors All Donors FIF Contributions 74% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 25% 33% 36% of which to Single-Donor TFs 66% 25% 28% of which to Multi-Donor TFs 34% 75% 72% IFC TF Contributions 1% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 25% 16% 16% via Recipient-executed TFs 75% 84% 84% of which support Fragile States 41% 48% 40% of which support IDA Countries 50% 69% 59% For More Information Anita Bhatia Jaehyang So WBG Director, Development Partner Relations Director, and IFC Director, Partnerships & 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