An Evaluation of the World Bank's Trust Fund Portfolio

CHAPTER 2THE WORLD BANK’S TRUST FUND PORTFOLIO AND POLICYFigure 2.3 Contributions to FIFs Account for More Than 50 Percent of TrustFund Contributions (FY02–10)IFC Trust Funds($2.6b)4%IBRD/IDA TrustFunds($24.6b)43% 53%FinancialIntermediary Funds($30.3b)Sources: Trust fund database and World Bank Group annual reports.THE DONORS AND WHAT THEY FUND26 percent ($15 billion). Of these top donors, four contribute mainly toFIFs (United States, Japan, Germany, and France) and four contributemainly to IBRD/IDA trust funds (United Kingdom, EuropeanCommission, Netherlands, and Norway), as shown in figure 2.4.These latter donors are thus the ones that engage most with the Bankon the use of trust funds and on their incorporation into the businessof the Bank. Another 15 donors make up the majority of remainingcontributions (22 of the remaining 26 percent). Thirteen of these 15donors are traditional sovereign donors and 2 are nontraditionaldonors—the Bill and Melinda Gates Foundation and the RussianFederation. The remaining 4 percent is made up of smallercontributions from many sovereign governments, intergovernmentalinstitutions, private nonprofit entities, private for-profitorganizations, and other institutions.2.8 Single-donor and multidonor trust funds. With two exceptions,FIFs are MDTFs that pool the resources of two or more donors.Ten donorgovernmentsaccounted forabout 74percent of thetotalcontributionsover the FY02–10, and theUnited Statesand UnitedKingdomtogetheraccounted forabout 26percent.Indeed, 7 of the 16 FIFs are supported by more than 10 donors, asshown in table 2.1 (and further described in appendix E).15