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CFP

The Concessional Finance and Global Partnerships (CFP) Vice Presidency is the World Bank Group’s unit responsible for mobilizing and managing concessional and grant financing. CFP acts as an intermediary in matching the needs of recipients with donor priorities through an array of concessional lending and grant instruments. The Vice Presidency is organized as follows:

IDA Resource Mobilization (CFPIR)

The IDA Resource Mobilization Department (CFPIR) is responsible for the replenishment and stewardship of the International Development Association (IDA), the Bank’s principal facility for providing highly concessional resources to the world’s poorest countries. The department is the institutional focal point for replenishment of IDA resources, which takes place every three years.
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Global Partnership & Trust Fund Operations (CFPTO)

The Global Partnership & Trust Fund Operations department (CTPFO) is responsible for creating and disseminating the policies and business processes of the Bank-administered Trust Funds. It also helps in developing and managing the Bank’s partnerships and trust funds business operations by serving as a liaison between external and internal clients on strategy, policy, program management, and best practices. Additionally, the department provides training and support to trust fund users and managers.
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Multilateral Trustee and Innovative Financing (CFPMI)

The Multilateral Trusteeship and Innovative Financing department (CFPMI) serves two primary functions. (i) - It develops, implements, and manages the business, financial, and operational frameworks for multi-donor and multilateral trust funds and initiatives; and (ii) - It provides advice and manages the design and implementation process for innovative financing initiatives.
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Financial Management (CFPFM)

The Financial Management department (CFPFM) provides financial advisory, risk management, and IT development services across the teams within Concessional Finance and Global Partnerships (CFP).
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Mobilized $49.3 billion in IDA resources for the world’s poorest countries under the sixteenth replenishment from July 2011 to June 2014.

News

2/21/2012
ADB teams with the Bank and OECD in AidFlows

1/30/2012
2011 Trust Fund Annual Report

11/23/2011
Working Paper - Finance for Development: Trends and Opportunities in a Changing Landscape

11/23/2011
Brief - Finance for Development: Trends and Opportunities in a Changing Landscape

09/07/2011
Haiti: WB Reaffirms Support for Country’s Reconstruction - Two-day visit by VPs Cox and van Trotsenburg highlights the central role being played by IDA.

03/24/2011
Launching the 2010 Trust Fund Annual Report - Funds held in Trust by the WBG top $26billion

12/15/2010
IDA16 Replenishment concludes with record funding - World Bank’s Fund for The Poorest Receives Almost $50 Billion in Record Funding

05/12/2010
Record Funding for the Global Environment Facility (GEF) - Donors pledge record $4.25 billion for environmental sustainability in developing countries

03/24/2010
Deal Provides Vaccines to Poor Nations at Lower Cost - A New York Times article

02/18/2010
Marketplace on Innovative Financial Solutions for Development

02/01/2010
Korea Reaches New Level as Donor - an op-ed piece by Vice-President Axel van Trotsenburg

01/28/2010
IMF and World Bank Announce Debt Relief to the Republic of Congo

01/26/2010
$1.6 Billion in Debt Relief to Afghanistan

01/12/2010
World Bank Expresses Strong Support for Haiti Following Earthquake

12/16/2009
Republic of Korea Prepays Outstanding IDA Credits

Feature

IDA16 Replenishment

IDA Results

Agricultural Pull Mechanism Initiative

 

 




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