The China-World Bank Group Partnership Facility (CWPF), established in July 2015, is a partnership between the People’s Republic of China’s Ministry of Finance (MOF) and the World Bank Group (WBG). The Facility’s overall objective is to assist WBG client countries in achieving inclusive and sustainable economic growth. Through this Facility, the Government of People’s Republic of China has provided US$52.74 million from FY16 through FY22.
CWPF seeks to enhance tripartite cooperation between China, recipient countries, and the WBG by leveraging different pools of resources, both financial and knowledge-based, to support demand-driven activities. The Facility is intended to support activities that are aligned with priorities of the recipient countries as well as the WBG’s strategy and that are replicable.
The CWPF is structured to comprise of four pillars of collaboration:
- Financing for Investment Projects and Operations (Window 1), finances World Bank-executed and IFC-executed activities for the preparation of investment operations or public-private partnerships (PPPs) in infrastructure sectors.
- Knowledge Development and South-South Learning (Window 2), provides funding for World Bank-executed and IFC-executed activities related to the generation, dissemination, and sharing of development knowledge at the country, regional and global levels, as well as South-South knowledge exchange and dissemination activities.
- Human Resource Cooperation (Window 3) provides funding for human resource cooperation between the WBG and the Government of China, financing training activities financing training activities as well as Chinese officials placed in the WBG as well as WBG staff on external service assignments to Chinese institutions.
- Financing for Global and Regional Programs (Window 4), a “pass through” window supporting innovative development activities through the provision of financing to selected global and regional programs management by the Bank or IFC, including support to the Global Infrastructure Facility.
The Facility brings Chinese development knowledge to project preparation and to knowledge capture and sharing. This aligns with demand from IDA countries serviced by activities financed through the CWPF and that are keen to learn from Chinese development experience. The Facility is managed with a significant emphasis on results, and seeks to support World Bank projects that are designed to maximize development impact. In doing so, the Facility emphasizes strong alignment with the World Bank’s lending operations and strategic policy dialogue, as well as on sharing China’s development experiences with developing countries.
The CWPF Secretariat is housed within the Trust Funds and Partner Relations unit of the Development Finance Vice Presidency (DFi) at the World Bank. The Secretariat organizes Steering Committee Meetings with MOF to discuss the objectives, design and operation of the program, agree upon the thematic and regional priorities for each of the calls for proposals, and review the implementation progress of the program.
Last Updated: Nov 23, 2022
