Launched in November 2007, the Multi-donor Trust Fund for Trade and Development (MDTF-TD) supports trade-related activities that contribute to growth and poverty reduction at the coun-try, regional and global levels. The program currently has four contributing donors: Sweden, the United Kingdom, Norway, and Finland. These donors have pledged to contribute approximately $30 million over three years (2007 - 2010).
Objectives
The MDTF-TD supports the World Bank’s international trade strategy, which focuses on helping developing countries benefit from their integration into the global economies and making the world trading system more supportive of development. The trust fund is a critical resource for implementing the expansion of the World Bank’s trade program that President Zoellick an-nounced in November 2007 at the Aid for Trade Global Review. More specifically, the trust fund enables the World Bank to:
- respond to client demand for trade-related technical assistance and capacity building
- develop analytical tools to assist countries to define trade and export competitiveness strategies
- expand research and datasets on trade topics of importance to developing countries
- diffuse knowledge on international trade to developing countries
The MDTF-TD complements other global trade partnerships, notably the Enhanced Integrated Framework for Trade-Related Technical Assistance (EIF) and the Aid for Trade initiative. It fi-nances global public goods - such as toolkits, benchmarking databases, and research - that help inform country-level activities supported by these programs. It also finances diagnostics, capacity building, and project-preparation activities needed to make investment projects funded through the IF and Aid for Trade initiative more effective.
Last updated on May 22, 2009
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