It will also support improved metering systems with focus on identifying solutions for the poorer communities and reducing non-technical losses due to theft and unregistered customers. The World Bank may have some new advice for developing countries: Give away millions of dollars to random entrepreneurs. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The World Bank Group works in every major area of development. “We are working to strengthen developing nations’ ability to respond to the COVID-19 pandemic and shorten the time to economic and social recovery. Those public benefits include roads, utilities, urbanized areas, water quality, recreation, navigation, and fish and wildlife. IDA is funded largely by contributions from the governments of its member countries. Donors meet every three years to replenish IDA resources and review its policy framework. David Mikkelson Share on Facebook Share on Twitter … The solar funding mechanism available for households and Small and Medium Enterprises (SMEs) in Gaza will strengthen support for female-headed households in Gaza and will be expanded to the West Bank. The World Bank The GEF shall operate, on the basis of collaboration and partnership among the Implementing Agencies, as a mechanism for international cooperation for the purpose of providing new and additional grant and concessional funding to meet the agreed incremental costs of measures to achieve agreed global environmental benefits in the following focal areas: (a) biological diversity; (b) climate change; (c) … IDA provides development credits, grants and guarantees to its recipient member countries to help meet their development needs. To learn more about cookies, click here. The broader economic program will aim to shorten the time to recovery, create conditions for growth, support small and medium enterprises, and help protect the poor and vulnerable. Please be advised to visit the following Grant Programs websites: - Japan Social Development Fund - Global Partnership For Social Accountability The International Development Association (IDA) is the part of the World Bank that helps the worlds poorest countries. The funding comprises US$30 million from the Pandemic Emergency Financing Facility (PEF) and US$20 million from the World Bank. Global data and statistics, research and publications, and topics in poverty and development, World Bank Group’s Operational Response to COVID-19 (coronavirus) – Projects List, World Bank Group and COVID-19 (coronavirus), Factsheet: How the World Bank Group is helping countries with COVID-19 (coronavirus), Document: COVID-19 Strategic Preparedness and Response Program, Environmental and Social Policies for Projects. The World Bank Group . The Pan American Health Organization (PAHO) in collaboration with the Special Program for Research and Training in Tropical Diseases (TDR), is pleased to announce the 2021 – 2022 call for applications for the Joint PAHO/TDR Small Grant Scheme for operational research to support the elimination of communicable diseases in the Latin American and Caribbean Region. World Bank organizes the Development Marketplace Awards, a grant program that surfaces and funds development projects with potential for development impact that are scalable and/or replicable. Responding to widespread supply chain disruptions, the World Bank is also helping countries access critically needed medical supplies by reaching out to suppliers on behalf of governments. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. IFC engagements include extending trade finance and working capital lines to partner financial institutions, as well as supporting existing clients in the infrastructure, manufacturing, agriculture and services industries that are vulnerable to the pandemic. The new program builds on the World Bank flagship report Securing Energy for Development and calls for sustained financing to undertake longer-term planning, infrastructure interventions and, concerted policy reform measures. The International Finance Corporation (IFC) is providing $8 billion in financing to help private companies affected by the pandemic and preserve jobs. Application process: The SVRI and the World Bank Group will issue a Request for Proposals (RFP) inviting colleagues to apply for funding. “The World Bank Group is taking broad, fast action to reduce the spread of COVID-19 and we already have health response operations moving forward in over 65 countries,” said World Bank Group President David Malpass. The US$50 million in grant funding is part of the larger financial package of approximately US$300 million that the World Bank announced last month to support the fourth Strategic Response Plan for the DRC Ebola outbreak. IFC offers a wide variety of financial products for private sector projects in developing countries. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. This multiphase programmatic approach, new to the region, is a model of collaboration between the World Bank, the Palestinian authority and the donor partners to ensure more stable energy supplies while enabling transformation of the sector.” said Kanthan Shankar, World Bank Country Director for West Bank and Gaza. The World Bank Group works in every major area of development. This site uses cookies to optimize functionality and give you the best possible experience. IDA is overseen by its 173 shareholder countries, which comprise the Board of Governors.

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