The World Bank is committed to strengthening partnerships and sharing expertise and resources to increase aid effectiveness in fragile states and move the agenda forward.
The World Bank works closely with UN agencies as well as the UN Peace-Building Commission, the Organization for Economic Cooperation and Development and its Development Assistance Committee (OECD/DAC) , other Multilateral Development Banks and bilateral donors to address the need for integrated approaches to support peace-building and state-building goals in fragile and conflict-affected countries.
The World Bank – United Nations
In October 2008, the Secretary-General of the The United Nations and the World Bank Group President signed a Partnership Framework Agreement to strengthen cooperation between the two organizations in crisis and post-crisis situations. This partnership agreement follows a series of guiding principles recognizing the interdependent and mutually reinforcing nature of the two organizations’ roles, supporting national recovery and development strategies, establishing better divisions of labor between the UN, World Bank and other partners, and underscoring respect for recognized humanitarian principles: neutrality, impartiality, and independence.
These principles for a working partnership are operationalized through a UN Development Group-World Bank Operational Annex and UN-World Bank Fiduciary Principles Accord. The UN Development Group-World Bank Operational Annex provides an operational platform with common methodologies and tools for coordinated post-crisis responses, such as Post-Conflict and Post-Disaster Needs Assessments. The UN-World Bank Fiduciary Principles Accord allows any agency that is a signatory to the accord to rely on its own fiduciary rules when implementing projects financed by emergency trust funds administered by another signatory agency. This side-steps an inconvenient system of competing fiduciary systems, and reduces implementation delays.
The World Bank, the European Commission and the UN signed a Joint Declaration on Post-Crisis Assessments and Recovery Planning in September 2008.
The World Bank – Multilateral Development Banks
At the annual meetings of the World Bank and IMF in October 2007, the leaders of the multilateral development banks (MDBs) and the IMF issued a statement on deepening their collaboration in fragile situations. The statement drew on the recommendations of the working group of the MDBs plus the IMF, which was set up in March 2007. The group’s final report presented a set of goals, principles, operational approaches, and working arrangements for strengthening engagement in fragile and conflict situations.
The World Bank – European Union
The World Bank, the UN, and The European Commission (EC) are seeking to effectively respond to recovery needs of vulnerable populations and strengthen the capacity of national institutions for effective prevention decided to harmonize and coordinate post-crisis response frameworks.
In September 2008 the World Bank, the UN, and the EC signed a Joint Declaration on Post-Crisis Assessments and Recovery Planning. The declaration states that the three institutions decide to harmonize and coordinate post-crisis response frameworks. A common platform was agreed upon to enhance country resilience to crises, answer to recovery needs of vulnerable populations and strengthen the capacity of national institutions for effective response and prevention. The first common assessment took place in Georgia in the end of 2008.