Development of New Guidelines for Accelerated Processing of Small Trust Fund Grants (2011)

websitebuilder-hub • Mar 23, 2018

The World bank asked OpenCities to develop a procedure for managing small grants. The objective of aligning Bank processes that are designed for very large investment projects with the needs of very small grants had challenged the Bank for a number of years with at least one attempt made to solve the problem previously.

Many of these grants are made to civil society organisations across the world with very little capacity to meet the Bank’s usual demands for information and due diligence. Managing these trust funds is an important aspect of the Bank's work and it was important to the Bank that its due diligence processes were fit for purpose.

The end product was a new set of official Bank guidance representing an entirely fresh approach to small grants in the Bank including standardized templates, streamlined procedures, shorter clearance times etc. The Bank now has a more streamlined yet still safe method of preparing and supervising grants.

by Marc 13 Jan, 2022
A strategic review (2021)
by Marc 12 Jan, 2022
The ISA's contribution to the achievement of the 2030 Agenda for Sustainable Development: a review (2021)
by Marc 11 Jan, 2022
An evaluation on behalf of UNESCO (2021)
More posts
Share by: