Publication:
The International Development Association’s Sustainable Development Finance Policy: An Early-Stage Evaluation

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dc.contributor.authorWorld Bank
dc.contributor.authorIndependent Evaluation Group
dc.date.accessioned2022-05-03T22:16:42Z
dc.date.available2022-05-03T22:16:42Z
dc.date.issued2021
dc.description.abstractThis evaluation provides an early-stage assessment of the Sustainable Development Finance Policy (SDFP) of the International Development Association (IDA), which went into effect July 1, 2020. A steep rise in debt vulnerabilities in IDA-eligible countries over the past decade highlighted weaknesses in the previous policy, the Non-Concessional Borrowing Policy (NCBP), and precipitated IDA deputies' request for adaptation in IDA's allocation and financial policies through the SDFP. The SDFP improves on the NCBP by broadening country coverage to include more countries at risk of debt distress, and it includes domestic debt, which has been an important factor in rising debt stress for IDA-eligible countries. The SDFP is intended to enhance incentives to address country-specific drivers of debt stress. This evaluation assesses whether there is scope to improve the design and implementation of the SDFP and whether potentially vulnerable countries are excluded from performing necessary performance and policy actions (PPAs), given the speed at which some IDA-eligible countries have moved to higher levels of debt distress. The evaluation also assesses whether PPAs are systematically targeting the most important country-specific drivers of debt stress and offers principles that to guide future PPAs.en
dc.identifierhttp://documents.worldbank.org/curated/en/654111636583607689/The-International-Development-Association-s-Sustainable-Development-Finance-Policy-An-Early-Stage-Evaluation
dc.identifier.doi10.1596/IEG165764
dc.identifier.urihttps://hdl.handle.net/10986/37375
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectUNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectSUSTAINABLE DEVELOPMENT FINANCE POLICY
dc.subjectEFFECTIVENESS EVALUATION
dc.subjectPUBLIC INVESTMENT MANAGEMENT
dc.subjectDEBT SUSTAINABILITY
dc.subject19TH IDA REPLENISHMENT
dc.subjectMULTILATERAL DEBT RELIEF INITIATIVE
dc.subjectDEBT SUSTAINABILITY ENHANCEMENT PROGRAM
dc.titleThe International Development Association’s Sustainable Development Finance Policyen
dc.title.subtitleAn Early-Stage Evaluationen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.date.disclosure2021-11-10
okr.date.doiregistration2025-04-14T12:30:34.013432Z
okr.date.doiregistration2025-04-15T02:45:53.685454Z
okr.doctypeIEG Evaluation
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/654111636583607689/The-International-Development-Association-s-Sustainable-Development-Finance-Policy-An-Early-Stage-Evaluation
okr.guid654111636583607689
okr.identifier.doi10.1596/IEG165764
okr.identifier.externaldocumentum090224b088cae00b_4_0
okr.identifier.internaldocumentum33602969
okr.identifier.report165764
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/654111636583607689/pdf/The-International-Development-Association-s-Sustainable-Development-Finance-Policy-An-Early-Stage-Evaluation.pdfen
okr.region.geographicalWorld
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Debt Relief and HIPC
okr.topicFinance and Financial Sector Development::Strategic Debt Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.unitIEG Eco Mgt & Country Prog (IEGEC)
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