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Trust Funds and Programs

Trust Fund Reform

Trust funds enhance the World Bank’s capacity to support delivery of results in our client countries. They provide resources to advance work on global public goods, fragile and conflict-affected states, disaster prevention and relief, global and regional partnerships and knowledge and innovation.

The role of trust funds has evolved dramatically during the last few decades, and the World Bank Group has undertaken initiatives and reforms to continuously improve the effectiveness of trust fund resources and activities. The World Bank’s latest reform to transition the IBRD/IDA trust fund portfolio into fewer and larger Umbrella 2.0 Programs aims to deliver transformative solutions for client countries and development partners through improved strategic alignment, increased efficiency, reduced fragmentation and transactions costs, and enhanced management oversight.

For our Development Partners, the reform elevates the World Bank-Donor partnership to focus on strategy, enables collective action at scale on development challenges, supports knowledge exchange, and strengthens results reporting and visibility. For clients, the reform facilitates better alignment of trust fund activities with country priorities and enables trust fund resources to be better integrated in World Bank country programs.


News

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Newsletter

What's New?

April 2022 - News about Trust Fund Reform and the work of the Umbrella Programs
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A Guide for Development Partners

Overview

Partnering with the World Bank through Trust Funds and Umbrella 2.0 Programs.
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VIDEO

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VIDEO

World Bank Trust Fund Reform & Umbrella 2.0 Programs

The current round of trust fund reforms, including the introduction of the “Umbrella 2.0” instrument, seeks to strengthen the link between funding and strategic priorities, and to improve efficiencies in management and administration of trust fund resources.


Trust Funds and Partner Relations (DFTPR)
Development Finance
The World Bank
1818 H Street, NW, Washington, DC 20433
AskTF@worldbank.org