International Development Association Tender

IDA helps the worlds poorest countries to end poverty build shared prosperity and promote sustainable development. It is one of the largest global sources of development funding and combined with the larger World Bank Group WBG a unique source of knowledge and key actor providing support to countries to implement the 2030 Agenda. Switzerland contributes to IDAs replenishments every three years and is a top ten donor. This allows Switzerland to remain an influential member of the WBG. IDAs priority themes climate jobs fragility governance gender align closely with Swiss development objectives and interests.CountryregionTopicPeriodBudgetGlobalOtherSector not specified01.07.2020 - 31.12.2029CHF 683000000 The project in briefArea of responsibilityThe WBG owned by 189 member countries is a global thought leader on development principles and standards and the most influential multilateral organization in terms of development finance. IDAs comparative advantage is rooted in a strong and effective business model that leverages resources and delivers value for money. The IDA19 replenishment negotiations assembled a record USD 82 billion financing package building on IDAs financing model introduced under IDA18 to leverage its balance sheet on the international capital markets. This will allow for a substantial increase in lending volume to support the 2030 Agenda in the poorest countries in particular in fragile contexts. The WBG is also the most important multilateral source of climate finance for developing countries and aims to invest USD 200 billion in climate action from 2021-2025.Switzerlands and the organisations strategic priorities and their coherenceThe WBG including IDA is one of 15 priority multilateral organizations according to the Strategy for International Cooperation 2021-2024. The five special themes of IDA19 correspond closely to those of Switzerland outlined in the Strategy. During the replenishment negotiations Switzerland strongly pushed for IDA to make a focused contribution toward the delivery of the 2030 Agenda adopt ambitious climate and gender commitments strengthen crisis prevention and migration aspects and further improve collaboration with partners especially the UN and in fragile contexts. By expanding its innovative financing model with market capital leverage IDA19 responds to the Addis Ababa Action Agenda call for development banks to find innovative ways to maximize finance for the 2030 Agenda. As part of the Bretton Woods Institutions the WBG has systemic relevance for economic and financial stability and is a key institution for Switzerlands foreign policy.Results of the organisations previous engagementTwo years into IDA18 072017-062020 IDA has been making solid progress with 16 out of 46 policy commitments delivered and the rest on track. IDA18 already delivered its renewable energy capacity target supported 41 countries to institutionalize disa