89575 Denmark and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Denmark’s contributions to the World Bank Group (WBG) totaled US$1,484.7 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Denmark contributed US$61.2 million to International Bank for Reconstruction and Development/International Development Association trust funds (IBRD/IDA TFs), US$58.6 million to Financial Intermediary Funds (FIFs), and US$3.7 million to International Finance Corporation (IFC) TFs. 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 140 FIFs 473.3 120 (32%) IDA 501.7 100 (US$ Millions) (34%) 80 FIFs 60 IBRD/IDA TFs 40 IFC TFs IFC TFs 15.8 (1%) 20 IBRD/IDA 0 TFs 493.9 2009 2010 2011 2012 2013 (33%) • Number of active TFs at end of FY14Q2 was 96, including 69 IBRD/IDA TFs, 12 FIFs, and 15 IFC TFs. • Denmark ranked 13th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Danish contributions were received mainly from the Royal Ministry of Foreign Affairs/DANIDA, at 87 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 117.9 IBRD/IDA Afghanistan Reconstruction Trust Fund 65.3 Trust Fund to Co-Finance the Eighth, Ninth and Tenth Poverty Reduction Support 32.2 Operations (PRSCs 8-10) for Vietnam The Global Fund to Fight Aids, Tuberculosis, and Malaria 173.7 FIF Global Partnership for Education Fund 114.7 Global Environment Facility (GEF) - Trust Fund 105.4 Denmark/Private Enterprise Partnership -Africa (PEP-Africa) 10.1 IFC IFC Advisory Services Program in Middle East and North Africa (MENA) Region 4.6 Bio-Trade Program under the Sustainability Business Innovator Facility 0.9 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Denmark signed new contribution agreements totaling US$159.8 million with the largest contributions to each IBRD/IDA TFs, FIFs, and IFC TFs as follows: »» Partnership for Infrastructure Development in the West Bank and Gaza Multi-Donor Trust Fund (IBRD/IDA, US$20.2 million) »» Consultative Group on International Agricultural Research (CGIAR) Multi Donor Trust Fund (FIF, US$19.0 million) »» Inclusive Green Growth (IFC, US$4.5 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 Denmark and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 77 percent (US$299.8 million) in disbursements from IBRD/IDA TFs supported by Denmark were made through recipient-executed trust funds, of which 36 percent co-financed Bank projects. The remaining 23 percent (US$89.9 million) were made through Bank- executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector ECA 4.9 Global LCR 7.1 (2%) Global11.0 (4%) ECA 4.5 120 104.7 (2%) 97.6 LCR 5.0 (2%) 9.5 (3%) 100 MNA 32.5(2%) (US$ Millions) (11%) AFR 105.4 80 MNA 30.1 (35%) AFR 103.5 (10%) 60 (35%) 40 24.5 15.8 14.3 14.1 SAR54.0 SAR 64.3 20 11.6 9.8 6.6 (18%) (21%) 0.7 0.2 0 EAP 87.1 EAP 74.6 (30%) (25%) 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 Denmark Top 10 Donors All Donors FIF Contributions 48% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 50% 33% 36% of which to Single-Donor TFs 15% 25% 28% of which to Multi-Donor TFs 85% 75% 72% IFC TF Contributions 2% 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 35% 48% 40% of which support IDA Countries 60% 69% 59% For More Information Anita Bhatia Jaehyang So Director, WBG Development Partners Relations Director, and IFC Partnerships and 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