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Objectives & Eligibility Criteria
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Objectives of DGF programs are:
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- Encourage innovation through provision of seed money and support for cutting edge approaches.
- Catalyze partnerships through convening and building coalitions, and raising funds.
- Broaden Bank services and increase the effectiveness of country programs and projects.
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DGF programs should:
- Galvanize partners to agree on priorities and measurable goals.
- Share work among partners to leverage scarce resources and seize the advantage of economies of scale.
- Coordinate with partners to ensure adequate financing in critical areas and geographic coverage.
- Address externalities through best practices, research, capacity building, knowledge sharing, advocacy and other services.
- Give a voice to developing countries in program governance.
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Eligibility criteria for DGF programs:
- Further the Bank's development objectives but not compete with regular Bank instruments.
- Operate where the Bank has a distinct comparative advantage and not replicate the role of other donors.
- Encompass multi-country benefits or activities not appropriate to undertake at the country level.
- Reinforce partnerships with key players in the development arena.
- Provide significant leverage for generating financial support from other donors.
- Have a record of achievement and financial probity.
- Have an arms-length relationship with the Bank's regular programs.
- Have an explicit disengagement strategy tailored to its individual circumstances.
For a full description of DGF eligibility criteria, click here |
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