89588 Russian Federation and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE The Russian Federation’s contributions to the World Bank Group (WBG) totaled US$712.0 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Russia contributed US$2.7 million to the International Development Association (IDA), US$14.4 million to International Bank for Reconstruction and Development/IDA trust funds (IBRD/IDA TFs), and US$2.2 million to Financial Intermediary Funds (FIFs). 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 80 FIFs 220.2 70 (31%) 60 IDA 275.1 (US$ Millions) 50 (39%) 40 FIFs 30 IBRD/IDA TFs 20 10 IBRD/IDA 0 TFs 216.7 (30%) 2009 2010 2011 2012 2013 • Number of active TFs at end of FY14Q2 was 20, including 15 IBRD/IDA TFs and 5 FIFs. • Russia ranked 18th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Russian contributions were received mainly from the Government of the Russian Federation, at 97 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) Rapid Social Response Multi-Donor Trust Fund 50.0 IBRD/IDA Russia Education Aid for Development (READ) Trust Fund 32.0 Multi-Donor Programmatic Trust Fund for Europe and Central Asia Public 27.5 Finance Management The Global Fund to Fight AIDS, Tuberculosis, and Malaria 198.8 Consultative Group on International Agricultural Research (CGIAR) Multi FIF 10.0 Donor Trust Fund - II Global Environment Facility (GEF) - Trust Fund 7.5 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Russia signed new contribution agreements totaling US$2.2 million with the largest contribution to IBRD/IDA TFs: »» Transparency in Trade (IBRD/IDA, US$1.5 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 Russian Federation and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 56 percent (US$66.9 million) in disbursements from IBRD/IDA TFs supported by Russia were made through recipient-ex- ecuted trust funds, of which 42 percent co-financed Bank projects. The remaining 44 percent (US$53.3 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector MNA 0.2 Global 4.8 20 19.0 MNA 0.3 Global (<1%) (7%) 18 EAP 1.9(1%) 4.7 (9%) (3%) EAP 1.7 16 13.0 LCR 3.3 14 (US$ Millions) (3%) 11.9 11.8 (5%) 12 10 8.8 3.8 SAR4.2 SAR (7%) (6%) 8 6 AFR 27.3 4 (51%) 1.1 1.0 LCR 7.5 AFR 39.1 2 0.2 0.2 0.0 0.0 ECA 13.4 (14%) (58%) 0 (20%) ECA 8.0 (15%) 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 Russia Top 10 Donors All Donors FIF Contributions 50% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 50% 33% 36% of which to Single-Donor TFs 48% 25% 28% of which to Multi-Donor TFs 52% 75% 72% IFC TF Contributions 0% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 44% 16% 16% via Recipient-executed TFs 56% 84% 84% of which support Fragile States 12% 48% 40% of which support IDA Countries 80% 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