Click here for search results

Trust Fund for Environmentally and Socially Sustainable Development

The Trust Fund for Environmentally and Socially Sustainable Development (TFESSD) is a multi-donor trust fund providing grant resources for World Bank activities which mainstream environmental, social and poverty reducing dimensions of sustainable development. It is intended to help develop World Bank and client country capacity, promote inclusion of these cross-cutting issues into World Bank operations, and foster cooperation between different units in the World Bank and with the United Nations and other external agencies and groups.

TFESSD was set up in December 1999, initially as a Norwegian-funded "umbrella" trust fund (NTFESSD), replacing many separate trust funds on environment and social development. In July 2001, funding for poverty issues was added to the trust fund. In November 2002, the Government of Finland joined the fund.

TFESSD is a World Bank executed trust fund which currently funds more than 50 activities in 80 countries, with 50 percent of the funding going to Africa. The Environment Department administers the TFESSD on behalf of the Vice-President for Environmentally and Socially Sustainable Development, who is the formal point of contact between the World Bank and the donors.

Permanent URL for this page: