89573 Belgium and World Bank Group Trust Funds As of December 31, 2013 PORTFOLIO AT A GLANCE Belgium’s contributions to the World Bank Group (WBG) totaled US$1,490.1 million for fiscal years 2009-14Q2. In the first six months of fiscal year 2014 (FY14), Belgium contributed US$157.8 million to the International Development Association (IDA), US$5.0 million to International Bank for Reconstruction and Development/IDA trust funds (IBRD/IDA TFs), and US$70.8 million to Financial Intermediary Funds (FIFs). 1/ Total Contributions to the WBG (FY09-14Q2 in US$ Millions) 2/ Annual Cash Contributions to WBG Trust Funds (FY09-13) 120 FIFs 424.4 (28%) 100 80 (US$ Millions) 60 FIFs IBRD/IDA TFs 40 IBRD/IDA TFs 101.3 IDA 964.4 20 (7%) (65%) 0 2009 2010 2011 2012 2013 • Number of active TFs at end of FY14Q2 was 36, including 23 IBRD/IDA TFs, 12 FIFs, and 1 International Finance Corporation (IFC) TF. • Belgium ranked 16th among development partners in terms of contributions to WBG TFs over fiscal years 2009-14Q2. Belgian contributions were received mainly from the Belgian Agency for Development Cooperation, at 79 percent. Top WBG Trust Funds Receiving Cash Contributions Cash Contributions WGB Trust Funds by Classification (FY09-14Q2 in US$ Millions) IBRD/IDA Financing of Primary and Secondary School Teachers Salaries 29.3 Education for All Fast Track Initiative Catalytic Trust Fund 17.5 Belgian Poverty Reduction Partnership III 10.8 Global Environment Facility (GEF) - Trust Fund 153.7 FIF The Global Fund to Fight AIDS, Tuberculosis, and Malaria 136.6 Trust Fund for the Least Developed Countries Fund for Climate Change 50.1 Top WBG Trust Fund Agreements (First Two Quarters of FY14) • Belgium signed new contribution agreements totaling US$96.0 million to FIFs: »» The Global Fund to Fight AIDS, Tuberculosis, and Malaria (FIF, US$63.5 million) »» Special Climate Change Fund (FIF, US$16.0 million) »» Trust Fund for the Least Developed Countries Fund for Climate Change (FIF, US$15.8 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 Belgium and World Bank Group Trust Funds As of December 31, 2013 IBRD/IDA Trust Fund Disbursements Over fiscal years 2009-14Q2, 79 percent (US$82.3 million) in disbursements from IBRD/IDA TFs supported by Belgium were made through recipient- executed trust funds, of which 17 percent co-financed Bank projects. The remaining 21 percent (US$22.1 million) were made through Bank-executed trust funds. 3/ Disbursements of Recipient-executed TFs, by Region (FY09-14Q2 in US$ Millions) Disbursements of Recipient-executed TFs, by Sector LCR0.2 LCR 0.2 Global 2.3 Global 50 44.8 SAR 5.6 (<1%) (<1%) (3%) 2.6 (3%) 45 (7%) 6.5 MNA 40 MNA 6.3(8%) 35 (US$ Millions) (7%) 30 EAP 7.4 EAP (9%) 7.9 25 20 (9%) 15 10.5 9.1 SAR 7.4 10 6.6 4.7 3.2 (9%) 5 2.1 0.9 0.3 0.1 0.0 ECA 8.5 AFR 49.0 0 (10%) 53.7 AFR (60%) ECA 9.3 (64%) (11%) 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 Belgium Top 10 Donors All Donors FIF Contributions 81% 63% 58% Disbursements Contributions IBRD/IDA TF Contributions 19% 33% 36% of which to Single-Donor TFs 14% 25% 28% of which to Multi-Donor TFs 86% 75% 72% IFC TF Contributions 0% 4% 6% IBRD/IDA TF Disbursements via Bank-executed TFs 21% 16% 16% via Recipient-executed TFs 79% 84% 84% of which support Fragile States 61% 48% 40% of which support IDA Countries 70% 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