Publication:
Trust Fund Support for Development : An Evaluation of the World Bank's Trust Fund Portfolio

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dc.contributor.authorIndependent Evaluation Group
dc.date.accessioned2015-01-22T23:49:36Z
dc.date.available2015-01-22T23:49:36Z
dc.date.issued2011
dc.description.abstractIn the changing global environment of development cooperation, trust funds have emerged as a significant pillar of the global aid architecture, used to address limitations in bilateral aid and fill perceived gaps in the operations of existing multilateral institutions. They currently account for about 11 percent of official development assistance (ODA), and they finance a substantial part of the World Bank's business. The activities they fund are highly varied, ranging from huge global programs with their own governance structures to conventional development projects, debt and disaster relief operations, and technical assistance. This IEG evaluation, undertaken at the request of World Bank executive directors, assesses the value of the trust fund vehicle as a way of delivering aid and the effectiveness and efficiency of the deployment of trust fund resources. In addition, the evaluation assesses the Bank's management and accountability for the use of trust fund resources and the impact of trust funds on the Bank's development role. The evaluation finds that donors, recipients, and the World Bank have considerable overlapping interests in this vehicle, but their interests may diverge on specific issues such as how trust fund allocation decisions are made and how trust funds are governed and managed. Furthermore, while trust funds can add value by providing coordinated grant financing for specific countries, development issues, and especially global public goods, the deployment of trust fund resources does not consistently work in accordance with the Paris Declaration aid principles of country ownership and donor coordination. Notably, many trust funds of global scope involve insufficient recipient participation and lack clear outcome objectives. For other trust funds, a three-pillar approach consisting of country-specific trust funds; global and regional partnership programs; and multi-donor, multi-recipient umbrella facilities will allow the Bank to strengthen the effectiveness, efficiency, and accountability for results.en
dc.identifierhttp://documents.worldbank.org/curated/en/2011/01/15890252/trust-fund-support-development-evaluation-world-banks-trust-fund-portfolio
dc.identifier.doi10.1596/978-1-60244-179-8
dc.identifier.isbn978-1-60244-179-8
dc.identifier.urihttps://hdl.handle.net/10986/21345
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank Group
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectADMINISTRATIVE ARRANGEMENTS
dc.subjectAID COORDINATION
dc.subjectAID FINANCING
dc.subjectAID FLOWS
dc.subjectALLIANCE
dc.subjectALLOCATION DECISIONS
dc.subjectBALANCE SHEET
dc.subjectBANK ACTIVITIES
dc.subjectBANK MANAGEMENT
dc.subjectBANK POLICIES
dc.subjectBANK SUPERVISION
dc.subjectBENEFICIARIES
dc.subjectBILATERAL AID
dc.subjectBLOCK GRANTS
dc.subjectBOUNDARIES
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUDGETING
dc.subjectBULLET
dc.subjectCASH TRANSFER
dc.subjectCHARTER
dc.subjectCONFLICT
dc.subjectCONFLICTS
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONSOLIDATION
dc.subjectCONSTRAINT
dc.subjectCONVENTION
dc.subjectCORPORATION
dc.subjectCRISES
dc.subjectDEBT
dc.subjectDEBT RELIEF
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT AID
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT FINANCE
dc.subjectDEVELOPMENT PROJECTS
dc.subjectDISBURSEMENTS
dc.subjectDONOR COUNTRIES
dc.subjectDONOR COUNTRY
dc.subjectECONOMIC COOPERATION
dc.subjectEXPENDITURES
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL INTERMEDIARY
dc.subjectFINANCIAL INTERMEDIATION
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCING SOURCES
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RISK
dc.subjectFOREIGN EXCHANGE RISK MANAGEMENT
dc.subjectFUND MANAGEMENT
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGOVERNANCE ARRANGEMENT
dc.subjectGOVERNANCE ARRANGEMENTS
dc.subjectGOVERNANCE STRUCTURES
dc.subjectIBRD
dc.subjectIFC
dc.subjectIMF
dc.subjectIMMUNIZATION
dc.subjectINDEBTED
dc.subjectINDEBTED POOR COUNTRIES
dc.subjectINDIVIDUALS
dc.subjectINFORMATION SYSTEMS
dc.subjectINSTRUMENT
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL CONTEXT
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINVESTING
dc.subjectINVESTMENT FUND
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT PROJECTS
dc.subjectJUDGMENT
dc.subjectLEVERAGE
dc.subjectLIMITED
dc.subjectLIQUID ASSETS
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectMANAGERS
dc.subjectMANDATE
dc.subjectMEETING
dc.subjectMODALITIES
dc.subjectMULTILATERAL AGENCIES
dc.subjectMULTILATERAL AID
dc.subjectMULTILATERAL DEVELOPMENT BANKS
dc.subjectNATIONS
dc.subjectNONGOVERNMENTAL ORGANIZATION
dc.subjectNONGOVERNMENTAL ORGANIZATIONS
dc.subjectNUMBER OF BANK
dc.subjectOPERATIONAL RISK
dc.subjectOPERATIONAL RISKS
dc.subjectPARTNERSHIP
dc.subjectPOLITICAL ECONOMY
dc.subjectPORTFOLIO
dc.subjectPROJECT APPRAISAL
dc.subjectPUBLIC ADMINISTRATION
dc.subjectRECIPIENT COUNTRIES
dc.subjectRECIPIENT COUNTRY
dc.subjectRECONSTRUCTION
dc.subjectRESOURCE ALLOCATION
dc.subjectRISK ASSESSMENTS
dc.subjectRISK MANAGEMENT
dc.subjectROAD
dc.subjectSEGREGATION
dc.subjectSETTLEMENT
dc.subjectSHAREHOLDERS
dc.subjectSOCIAL SERVICES
dc.subjectSOURCES OF AID
dc.subjectSTAKEHOLDER
dc.subjectSTAKEHOLDERS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNICAL COOPERATION
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTRANSPARENCY
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectTRUSTEE
dc.subjectUNDP
dc.subjectWAR
dc.titleTrust Fund Support for Development : An Evaluation of the World Bank's Trust Fund Portfolioen
dspace.entity.typePublication
okr.date.disclosure2012-03-05
okr.date.doiregistration2025-04-14T12:27:35.681864Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2011/01/15890252/trust-fund-support-development-evaluation-world-banks-trust-fund-portfolio
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid841241468135596484
okr.identifier.externaldocumentum000333038_20120305035556
okr.identifier.internaldocumentum15890252
okr.identifier.report67287
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/03/05/000333038_20120305035556/Rendered/PDF/672870WP0Box367862B0tf0eval00PUBLIC0.pdfen
okr.topicConflict and Development::Post Conflict Reconstruction
okr.topicLaw and Development::Corporate Law
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicGovernance::International Governmental Organizations
okr.unitIEG Public Sector (IEGPS)
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