The Development Finance (DFi) Vice Presidency is responsible for managing and monitoring policies and procedures for World Bank development financing vehicles. DFi engages in strategic resource mobilization, playing an intermediation role to help align the needs of recipients, World Bank Group institutional priorities, and priorities of funding partners through a variety of funding instruments. These include the International Development Association (IDA), the World Bank’s fund for the poorest, and trust funds, including financial intermediary funds. DFi also monitors IBRD’s financial sustainability and ensures effective utilization and prudent management of its financial resources.
Previously known as Concessional Finance and Global Partnerships (CFP), DFi has moved from an exclusive focus on concessional finance to a broader focus on development finance. Our new approach is geared toward leveraging the financial resources and instruments of the entire World Bank Group to increase the pool and types of funding available to clients, particularly for transformative projects.