89580 Iceland and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Iceland’s contributions to the World Bank Group (WBG) totaled US$14.8 million for fiscal years 2009-14Q2. In total, Iceland contributed US$9.7 million to the International Development Association (IDA), US$4.0 million to International Bank for Reconstruction and Development/IDA trust funds (IBRD/ IDA TFs), US$0.8 million to Financial Intermediary Funds (FIFs), and US$0.2 million to International Finance Corporation (IFC) TFs. 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) IFC TFs FIFs 0.8 1.4 0.2 (1%) (6%) 1.2 1.0 IBRD/IDA (US$ Millions) TFs 4.0 0.8 IBRD/IDA TFs (27%) FIFs 0.6 0.4 IFC TFs 0.2 IDA 9.7 (66%) 0.0 2009 2010 2011 2012 2013 • Number of active TFs at end of FY14Q2 was 12, including 8 IBRD/IDA TFs, 3 FIFs, and 1 IFC TF. • Icelandic contributions to WBG TFs over fiscal years 2009-14Q2 were received from the Ministry for Foreign Affairs. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) IBRD/IDA Energy Sector Management Assistance Program Multi-Donor Trust Fund 1.4 Multi Donor Trust Fund for the Global Program on Fisheries (PROFISH) 1.1 The Multi Donor Trust Fund for the Gender Action Plan 0.7 The Global Fund To Fight AIDS, Tuberculosis, and Malaria 0.3 FIF Trust Fund for the Least Developed Countries Fund for Climate Change 0.3 Heavily Indebted Poor Countries (HIPC) - ICELAND - APEX 0.2 IFC Iceland/IFC Technical Assistance Trust Fund 0.2 Top WBG Trust Fund Agreements (First Two Quarters of FY13) • Iceland signed a new contribution agreement: »» Umbrella Facility for Gender Equality (UFGE) (IBRD/IDA, US$0.2 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 Iceland and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 31 percent (US$1.4 million) in disbursements from IBRD/IDA TFs supported by Iceland were made through recipient- executed trust funds, of which 3 percent co-financed Bank projects. The remaining 69 percent (US$3.0 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector ECA LCR 0.030.0 LCR 0.02 SAR 0.30 0.3 ECA 0.0(2%) (1%) (1%) (0%) 0.2 EAP 0.04 0.25 (2%) 0.0 EAP (3%) (US$ Millions) 0.20 0.2 0.2 (3%) 0.2 0.1 0.15 MNA 0.74 (49%) 0.10 0.1 0.1 0.1 0.0 0.05 0.0 AFR 0.67 MNA 0.7 AFR 0.6 0.00 (45%) (51%) (42%) AFR: Africa LCR: Latin America and the Caribbean EAP: East Asia and Pacific MNA: Middle East and North Africa ECA: Europe and Central Asia WBG Trust Fund Portfolio Comparisons Share of FY09-FY14Q2 WBG TF Volumes WBG Trust Funds by Classification Iceland Top 10 Donors All Donors FIF Contributions 16% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 80% 33% 36% of which to Single-Donor TFs 6% 25% 28% of which to Multi-Donor TFs 94% 75% 72% IFC TF Contributions 4% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 69% 16% 16% via Recipient-executed TFs 31% 84% 84% of which support Fragile States 64% 48% 40% of which support IDA Countries 44% 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