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Japan policy and human resources development fund : catalyst for progress (English)

The policy and human resources development (PHRD) fund is a trust fund generously supported by the government of Japan and managed by the World Bank. It provides grants to pay for technical expertise, guidance, research, education, and assistance in support of the World Bank’s multi-faceted efforts to reduce poverty, improve lives, and spur economic growth in developing countries. With its focus on funding technical assistance for World Bank borrower member nations so they can prepare strong projects and interventions aimed at addressing their critical needs, the fund has helped countries access billions in development finance from the World Bank and other institutions. PHRD grants have strengthened World Bank-financed projects at entry and during implementation, and supported climate change initiatives and preservation of critical ecosystems. While the PHRD fund has evolved through the years, emphasis remains on partnership, setting examples and sharing knowledge, skills, tools, and best practices, so others can replicate what works.

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Citation

Huq,Wahida Gentile,Angela M. Nikolova,Augustina M. Reyes,Milagros B.

Japan policy and human resources development fund : catalyst for progress (English). Japan Policy and Human Resources Development Fund (PHRD) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/557421519627446333/Japan-policy-and-human-resources-development-fund-catalyst-for-progress