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Development Effectiveness department comprehensive review of trust fund management (2011-2013)
websitebuilder-hub • Dec 26, 2021
The Development Effectiveness unit of the South Asia region of the World Bank in Washington DC commissioned OpenCities to undertake a comprehensive review of the way it manages trust funds on behalf of international donors.
The South Asia region manages large trust funds such as the Afghanistan Reconstruction Trust Fund as well as a multiplicity of funds in 8 countries in the region including India and Pakistan.
OpenCities carried out an in-depth analysis of the number and type of trust funds managed by the South Asia region and demonstrated that the South Asia portfolio of trust fund financed grant was relatively fragmented which in turn was increasing the administrative burden on staff responsible for the portfolio even though the dollar value of the trust funds was lower than some other regions in the Bank.
OpenCities produced a strategy based on three pillars namely: strategic consolidation of the existing portfolio; tighter management of the portfolio; and development of a ‘prospectus’ for potential new private and public sector donors aimed at highlighting those sectors in the south asia region where the greatest country needs – eg infrastructure and governance - coincided with core management strengths in the Bank’s.
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