89581 Ireland and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Ireland’s contributions to the World Bank Group (WBG) totaled US$430.2 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Ireland contributed US$9.6 million to International Bank for Reconstruction and Development/International Development Association trust funds (IBRD/IDA TFs), US$35.2 million to Financial Intermediary Funds (FIFs), and US$1.2 million to International Finance Corporation (IFC) TFs. 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 50 FIFs 140.6 IDA 142.7 45 (33%) (33%) 40 35 (US$ Millions) 30 IBRD/IDA TFs 25 IFC TFs 20 15 FIFs IFC TFs 10 13.4 (3%) 5 IBRD/IDA 0 TFs 133.5 2009 2010 2011 2012 2013 (31%) • Number of active TFs at end of FY14Q2 was 47, including 28 IBRD/IDA TFs, 9 FIFs, and 10 IFC TFs. • Ireland ranked 20th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Irish contributions were received from the Department of Foreign Affairs and Trade/Irish Aid, at 92 percent, and the Department of Environment, Community and Local Government, at 8 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) Ethiopia Protection of Basic Services Program (Phase II) Project 46.3 IBRD/IDA Education for All Fast Track Initiative Catalytic Trust Fund (EFA-FTI Catalytic Trust Fund) 27.3 Multi Donor Trust Fund for Co-Financing the Sixth, Seventh, Eighth, Ninth and Tenth Poverty 10.9 Reduction Support Operations PRSCs 6-10 The Global Fund to Fight Aids, Tuberculosis, and Malaria 79.2 FIF Global Partnership for Education Fund 17.3 Consultative Group on International Agricultural Research (CGIAR) Multi Donor Trust Fund 13.4 Mekong Private Sector Development Facility (MPDF III) 6.1 IFC Ireland/IFC Partnership Program 5.8 Foreign Investment Advisory Services (FIAS) Sub-Saharan Africa Program 1.2 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Ireland signed new contribution agreements totaling US$40.3 million with the largest contributions to each IBRD/IDA TFs, FIFs, and IFC TFs as follows: »» Malawi Agricultural Sector Wide Approach Support Project Multi-Donor Trust Fund (IBRD/IDA, US$18.4 million) »» Global Partnership for Education Fund (FIF, US$7.0 million) »» Ireland/IFC Partnership Program (IFC, US$1.4 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 Ireland and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 87 percent (US$128.8 million) in disbursements from IBRD/IDA TFs supported by Ireland were made through recipient-executed trust funds, of which 65 percent co-financed Bank projects. The remaining 13 percent (US$18.7 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region Disbursements of Recipient-executed TFs, by Sector (FY09-14Q2 in US$ Millions) MNA 0.6 Global LCR 3.7 MNA (<1%) 3.8 (3%) 1.0 Global (3%) 70 ECA 4.3 LCR 4.5 (1%) 4.4 (3%) 60.7 (3%) 60 ECA 4.9 (3%) SAR (4%)9.6 50 (US$ Millions) SAR 10.4 (7%) 40 (8%) 30 24.0 16.9 20 AFR 81.4 8.9 EAP 22.0 10 5.0 4.5 4.3 4.0 EAP 42.4 (56%) 0.4 0.0 0.0 (17%) (29%) 0 AFR 81.7 (63%) 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 Ireland Top 10 Donors All Donors FIF Contributions 49% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 46% 33% 36% of which to Single-Donor TFs 1% 25% 28% of which to Multi-Donor TFs 99% 75% 72% IFC TF Contributions 5% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 13% 16% 16% via Recipient-executed TFs 87% 84% 84% of which support Fragile States 18% 48% 40% of which support IDA Countries 78% 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