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Post-Conflict Fund (PCF)

The Post-Conflict Fund (PCF) was created in July 1997 to increase knowledge and improve available instruments within the Bank to enable early engagement and ensure an
appropriate role for the Bank in the crucial transition from relief to rehabilitation, and reconstruction activities.

The program objective is to position the Bank through constructive engagement in conflict-affected countries where normal instruments and budget provisions cannot apply. The PCF provides grants to a range of partners, financing socio-economic analyses, watching briefs, transitional support strategies, small-scale pilot reconstruction activities, and policy studies and forums.

Reconstruction activities relate to the following themes: conflict mitigation, internally displaced persons and refugees, rehabilitation of social sectors, start-up support for landmine clearance and demobilization, economic recovery and the private sector, governance, and capacity building.

Since 1997 the PCF has received an accumulated amount of $57.5 million from the Bank's Development Grant Facility and an additional $5.8 million from bilateral and multilateral donors.

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 Program at a Glance

Established: July 1997 (FY98)

Objective: Position the Bank through constructive engagement in conflict-affected areas

Key Activities: Grants from $25,000 to more than $4 million for small-scale reconstruction activities, transitional support strategies, watching briefs, and research

FY03 expenditures: $13,676,700

FY03 DGF allocation: $9,323,500

FY04 DGF allocation: $9,223,500

Participants: Grants to international organizations, governments, academia, and NGOs

Governance Model: Standard multi-donor trust fund; Governed by Steering Committee consisting of Bank operational staff, managed by the Secretariat consisting of three Bank staff

Location: World Bank, Washington, D.C.

Governing partners: None

Implementing Agency: World Bank

Latest program-level evaluation: External by DAI, 2002.

The Independent Evaluation Group (IEG) is an independent unit within the World Bank; it reports directly to the Bank's Board of Executive Directors. The goals of IEG 's evaluations are to draw lessons from Bank experience, and to provide an objective basis for assessing the results of the Bank's work.

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