Projects

Overall Trade Lending

World Bank's trade lending is an important vehicle for mainstreaming the trade and investment agenda in country policy dialogues The Bank trade-related lending grew almost threefold over FY2003-2007 - from about $600 million in total commitments in FY 2003 to about $1.6 billion in FY06-07. Lending was strongly driven by trade-related infrastructure in support of regional integration, export development and competitiveness, and trade facilitation (Figure1). In FY07, loans involved 42 countries, plus 3 multi-country loans, with the majority of lending going to Eastern Europe and Central Asia, and Sub-Saharan Africa (Figure 2).

Concessional Lending to Low-income Countries

World Bank’s trade-related lending to low-income countries through its concessional arm the International Development Association (IDA) was about $400 million on average over FY 2003-2007.

The OECD Creditor Reporting System database uses a wider definition of aid for trade* and reports comparable aid for trade data across bilateral and multilateral donors. Leaving aside the methodological differences, the OECD CRS database identifies IDA as the largest multilateral provider of aid for trade in low-income countries with commitments of about 3.1 billion on average over 2002-06 (in constant 2005 prices).

* The OECD-CRS database reports as aid for trade the full amount of aid commitments in Economic Infrastructure, Trade Policy and Development, and Productive Capacity. The World Bank uses a narrower definition, including only the trade component of projects and investments. Donors and development agencies are working to refine their respective methodologies.

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Last updated on March 31, 2008