89589 Spain and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Spain’s contributions to the World Bank Group (WBG) totaled US$2,895.7 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Spain contributed US$12.7 million to Financial Intermediary Funds (FIFs). 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) FIFs 803.9 500 (28%) 450 IDA 400 1,106.8 (38%) 350 (US$ Millions) 300 FIFs 250 IFC TFs IBRD/IDA TFs 200 5.6 (<1%) 150 IFC TFs 100 50 IBRD/IDA 0 TFs 979.3 2009 2010 2011 2012 2013 (34%) • Number of active TFs at end of FY14Q2 was 50, including 34 International Bank for Reconstruction and Development/International Development Association (IBRD/IDA) TFs, 14 FIFs, and 2 International Finance Corporation (IFC) TFs. • Spain ranked 12th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Spanish contributions were received mainly from the Ministry of Foreign Affairs, at 59 percent, the Spanish Agency for International Development Cooperation, at 15 percent, and the Ministry of Economy and Competitiveness, at 14 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) Education for All Fast Track Initiative Catalytic Trust Fund 250.8 IBRD/IDA The Multi Donor Trust Fund for Food Price Crisis Response Core - FPCR Core 114.3 Second Tranche of the Spanish Carbon Fund 98.7 The Global Fund to Fight AIDS, Tuberculosis, and Malaria 502.4 FIF International Finance Facility For Immunization 75.2 Adaptation Fund 64.5 IFC Spain/IFC Fund to Finance Technical Assistance Activities in Developing Countries 5.6 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Spain signed two new contribution agreements totaling US$18.2 million: »» Carbon Fund of the Carbon Partnership Facility (IBRD/IDA, US$12.6 million) »» Partnership for Market Readiness Multi-Donor Trust Fund (IBRD/IDA, US$5.5 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 Spain and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 86 percent (US$666.1 million) in disbursements from IBRD/IDA TFs supported by Spain were made through recipient- executed trust funds, of which 27 percent co-financed Bank projects. The remaining 14 percent (US$112.2 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector Global Global 300 39.0 EAP 32.4 MNA (4%) 28.4 (4%) 23.5 252.2 (6%) (5%) 250 59.3 EAP 42.7 MNA (US$ Millions) AFR 294.5 200 (9%) (7%) AFR 290.3 (44%) 150 (48%) 69.8 ECA 67.8 SAR 100 82.3 78.9 77.3 (10%) 59.8 49.5 (11%) 40.2 50 20.6 3.0 1.4 0.8 0 SAR 76.5 ECA 69.1 (11%) (11%) 75.8 LCR 105.1 LCR (13%) (16%) 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 Spain Top 10 Donors All Donors FIF Contributions 45% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 55% 33% 36% of which to Single-Donor TFs 29% 25% 28% of which to Multi-Donor TFs 71% 75% 72% IFC TF Contributions <1% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 14% 16% 16% via Recipient-executed TFs 86% 84% 84% of which support Fragile States 22% 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