89578 France and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE France’s contributions to the World Bank Group (WBG) totaled US$6,520.2 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), France contributed US$10.3 million to International Bank for Reconstruction and Development/International Development Association trust funds (IBRD/IDA TFs), US$418.4 million to Financial Intermediary Funds (FIFs), and US$1.3 million to International Finance Corporation (IFC) TFs. 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 900 800 IDA 3,063.8 700 600 (US$ Millions) FIFs (47%) 3,229.5 FIFs 500 (50%) 400 IBRD/IDA TFs 300 IFC TFs 200 IBRD/IDA 100 IFC TFs TFs 217.0 0 (3%) 2009 2010 2011 2012 2013 9.8 (<1%) • Number of active TFs at end of FY14Q2 was 67, including 46 IBRD/IDA TFs, 15 FIFs, and 6 IFC TFs. • France ranked 6th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. French contributions were received mainly from the Ministry of Foreign Affairs, at 67 percent, the Agence Française de Développement, at 13 percent, and the Ministry of Economy, Finance and Industry, at 10 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) IBRD/IDA Education for All Fast Track Initiative Catalytic Trust Fund 82.2 Palestinian Recovery and Development Plan Multi Donor Trust Fund 28.3 Afghanistan Reconstruction Trust Fund 27.3 The Global Fund to Fight Aids, Tuberculosis, and Malaria 2,247.8 FIF Global Environment Facility (GEF) - Trust Fund 327.9 International Finance Facility For Immunization 314.9 Organization for the Harmonization of Business Law in Africa (OHADA) Business 5.3 Law Reform Program IFC Foreign Investment Advisory Services (FIAS) Master Trust Fund 2.8 Agence Française de Développement (AFD)/IFC SME Export Promotion Support and 0.8 Other Potential Technical Assistance Projects Top WBG Trust Fund Agreements (First Two Quarters of FY14) • France signed new contribution agreements totaling US$288.4 million with the largest contributions to each IBRD/IDA TFs and FIFs as follows: »» Palestinian Recovery and Development Plan Multi Donor Trust Fund (IBRD/IDA, US$12.4 million) »» Africa Sustainable Extractive Industries (IBRD/IDA, US$10.0 million) »» The Global Fund to Fight AIDS, Tuberculosis, and Malaria (FIF, US$258.5 million) 1/ All figures exclude the Advance Market Commitment (AMC) FIF, and IFC-managed funds supporting Special Initiatives and Investment Programs that are not part of the TF pool. 2/ Contributions to IDA are reported as paid-In: amount received by the Bank in the form of cash or promissory notes (net of certain discounts). Contributions to TFs are reported on a cash basis. All contributions are reported based on historical values using the date of receipt and may include contribution transfer from other trust funds. Official Use Only – Not for further disclosure without the consent of The World Bank 1 France and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 77 percent (US$127.7 million) in disbursements from IBRD/IDA TFs supported by France were made through recipient- executed trust funds, of which 21 percent co-financed Bank projects. The remaining 23 percent (US$39.2 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector ECA Global ECA 1.3 Global 7.5 1.2 11.0 (9%) 70 63.4 (1%) (1%) (7%) EAP 5.9 60 EAP 4.2 (5%) (4%) 50 43.2 (US$ Millions) 8.5 LCR 8.6 LCR AFR 42.6 53.4 40 AFR (7%) (8%) (42%) (38%) 30 20 SAR 13.2 7.3 SAR 18.3 10 4.3 2.3 (12%) 2.0 1.9 1.2 0.2 0.1 1.6 (14%) 0 MNA 34.129.3 MNA (23%) (30%) AFR: Africa LCR: Latin America and the Caribbean EAP: East Asia and Pacific MNA: Middle East and North Africa ECA: Europe and Central Asia SAR: South Asia WBG Trust Fund Portfolio Comparisons Share of FY09-FY14Q2 WBG TF Volumes WBG Trust Funds by Classification France Top 10 Donors All Donors FIF Contributions 93% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 6% 33% 36% of which to Single-Donor TFs 18% 25% 28% of which to Multi-Donor TFs 82% 75% 72% IFC TF Contributions <1% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 23% 16% 16% via Recipient-executed TFs 77% 84% 84% of which support Fragile States 42% 48% 40% of which support IDA Countries 59% 69% 59% For More Information Anita Bhatia Jaehyang So WBG Director, Development Partner Relations Director, and IFC Director, Partnerships & Trust Funds Trust Funds CFPTO & CFPMI ABhatia@ifc.org Jso@worldbank.org +1 (202) 458-1503 +1 (202) 473-7654 3/ Disbursement breakdowns for multi-donor trust funds are prorated based on donor cash contributions as of FY14Q2. Disbursements from IBRD/IDA TFs for which funding is transferred from FIFs are not included (e.g. GEF IBRD as Implementing Agency). 2