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Trust Funds

The Environment work program in the East Asia and Pacific (EAP) Region is supported by a number of trust funds (click on the photographs to learn more).

Italian Trust Fund for Environmental Protection in China

 The World Bank (through its Environment and Social Development Sector Unit of East Asia and Pacific Region, EASES), the Government of Italy (through its Ministry of Environment and Territory, IMET), and the Government of China (through NDRC, MOF and SEPA) established an Italian Trust Fund (TF) program for Environmental Protection in China in July 2004.  The trust fund aims to support China's long-term strategy for balancing economic growth with sustainable natural resource use and environmental management, with a particular focus on climate change.

Netherlands-Mongolia Trust Fund for Environmental Reform (NEMO I & II)

In August 2004 the Royal Netherlands Embassy in Beijing (RNE) contacted the World Bank's BeijingNEMO files Office about the possibility of the Netherlands Government proving $6 million for  environmental activities in Mongolia to be managed by the Bank.  This represented an outstanding opportunity to strengthen and advance the environment and natural resources agenda in light of its importance for sustainable development in Mongolia. The Grant Agreement betweeen the Government of Mongolia and the Bank was signed by the Minister of Finance in April 2005.

The Trust Fund for Environmentally and Socially Sustainable Development (TFESSD)

BannerTFESSD is a multi-donor trust fund supported by Finland and Norway that provides grant resources for World Bank activities aimed at mainstreaming the environmental, social and poverty reducing dimensions of sustainable development into Bank work. It develops Bank and client country capacity, promotes inclusion of sustainable development issues into Bank operations, and fosters cooperation between different units in the World Bank and with external agencies and groups. TFESSD currently funds around 135 activities in 80 countries, with 50 percent of the funding earmarked to Sub-Saharan Africa. Cumulative commitments since inception in 2000 have reached $94 million of which $74 million have been disbursed.

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