Ending Poverty on a Livable Planet: Delivering Impact with Urgency and Ambition
"Korea supports the vital role of IDA in assisting low-income countries to achieve sustainable development and build resilience against global challenges." Yoon Suk Yeol, President of the Republic of Korea
"Low-income countries urgently need support at this turbulent time. We are committed to working with the international community to address these pressing issues and support the most vulnerable populations." Andrzej Domański, Minister of Finance of Poland
"This is an important step that we hope others can follow to bolster much-needed financing to fight poverty and inequality. This commitment exemplifies Spain's resolve and dedication to achieving the Sustainable Development Goals, and our belief in IDA’s ability to move the needle." Carlos Cuerpo, Spain’s Minister of Economy, Trade and Business
"We urge other countries to join forces with us. To act and make the necessary investments. Only together, can we tackle the most pressing development and climate challenges facing the world today." Mette Frederiksen, Prime Minister of Denmark
"With this increased pledge, Norway reaffirms its unwavering commitment to supporting food security, agricultural development, and access to sustainable energy in the world's poorest countries." Jonas Gahr Store, Prime Minister of Norway
Donors meet every three years to replenish IDA resources and review its policy framework. Officials from the donor governments (known as "IDA Deputies") and representatives of borrowing member countries ensure that IDA’s policy and financing frameworks are responsive to country needs and current challenges. IDA also engages with civil society organizations (CSOs), foundations and think tanks around the world when developing its policy frameworks.
Key dates:
March 18-19, 2024: 1st IDA21 Replenishment Meeting
April 21, 2024: 2nd IDA21 Replenishment Meeting
June 18-21, 2024: 3rd IDA21 Replenishment Meeting
October 28-29, 2024: 4th IDA21 Replenishment Meeting
IDA Deputies and Borrower Representatives met virtually on March 18-19, 2024 for the first meeting of the IDA's Twenty First Replenishment (IDA21). See Co-Chair's Summary.
2nd Replenishment Meeting April 21, 2024 Washington D.C.
Building on the IDA20 Mid-Term Review discussions and the virtual first replenishment meeting, this meeting discussed key elements of IDA’s policy framework, including grant allocation and Sustainable Development Finance Policy (SDFP). On the finance front, management presented the possible application of Hybrid Capital and PGP to IDA.
3rd Replenishment Meeting June 18-21, 2024 Kathmandu, Nepal
This meeting aims to discuss IDA’s approach to the focus areas agreed in March, reach agreement on the IDA21’s results measurement framework, and zoom in on IDA21’s potential key features which may include crisis preparedness, vulnerability, and the SimplifIDA initiative. The meeting will also discuss the demand and financing framework for IDA21 resources, proposed financial architecture, and financing scenarios. (Watch the Opening Ceremony ->)
4th replenishment October 28-29, 2024 Washington D.C.
This meeting aims to finalize the policy package to be captured in a draft Deputies Report and agree on the IDA21 updated operational and financing framework based on the discussions from the 2nd replenishment meeting.
Pledging Meeting December 5-6, 2024 Location: South Korea
During this meeting, where we will seek endorsement of the final draft of the IDA21 Deputies Report, conduct pledging of donor contributions, and conclude the replenishment negotiations. The final draft of the Deputies Report will be circulated prior to the meeting.
The draft IDA21 Deputies’ Report was available for comments from November 7 to November 14, 2024. The draft report is no longer available. However, the final IDA21 report can accessed here. You can view the comments collected during the public consultation and the responses from the IDA team.
Listen to Podcast: World Bank Development Finance Vice President Aki Nishio joins Rt Hon Liam Byrne MP to discuss the 21st Replenishment of IDA in the latest episode from the Parliamentary Podcast Series, published in partnership with the Parliamentary Network, the World Bank, and the IMF.
Donors meet every three years to replenish IDA resources and review its policy framework. Officials from the donor governments (known as "IDA Deputies") and representatives of borrowing member countries ensure that IDA’s policy and financing frameworks are responsive to country needs and current challenges. IDA also engages with civil society organizations (CSOs), foundations and think tanks around the world when developing its policy frameworks.
Key dates:
March 18-19, 2024: 1st IDA21 Replenishment Meeting
April 21, 2024: 2nd IDA21 Replenishment Meeting
June 18-21, 2024: 3rd IDA21 Replenishment Meeting
October 28-29, 2024: 4th IDA21 Replenishment Meeting
IDA Deputies and Borrower Representatives met virtually on March 18-19, 2024 for the first meeting of the IDA's Twenty First Replenishment (IDA21). See Co-Chair's Summary.
2nd Replenishment Meeting April 21, 2024 Washington D.C.
Building on the IDA20 Mid-Term Review discussions and the virtual first replenishment meeting, this meeting discussed key elements of IDA’s policy framework, including grant allocation and Sustainable Development Finance Policy (SDFP). On the finance front, management presented the possible application of Hybrid Capital and PGP to IDA.
3rd Replenishment Meeting June 18-21, 2024 Kathmandu, Nepal
This meeting aims to discuss IDA’s approach to the focus areas agreed in March, reach agreement on the IDA21’s results measurement framework, and zoom in on IDA21’s potential key features which may include crisis preparedness, vulnerability, and the SimplifIDA initiative. The meeting will also discuss the demand and financing framework for IDA21 resources, proposed financial architecture, and financing scenarios. (Watch the Opening Ceremony ->)
4th replenishment October 28-29, 2024 Washington D.C.
This meeting aims to finalize the policy package to be captured in a draft Deputies Report and agree on the IDA21 updated operational and financing framework based on the discussions from the 2nd replenishment meeting.
Pledging Meeting December 5-6, 2024 Location: South Korea
During this meeting, where we will seek endorsement of the final draft of the IDA21 Deputies Report, conduct pledging of donor contributions, and conclude the replenishment negotiations. The final draft of the Deputies Report will be circulated prior to the meeting.
The draft IDA21 Deputies’ Report was available for comments from November 7 to November 14, 2024. The draft report is no longer available. However, the final IDA21 report can accessed here. You can view the comments collected during the public consultation and the responses from the IDA team.
Listen to Podcast: World Bank Development Finance Vice President Aki Nishio joins Rt Hon Liam Byrne MP to discuss the 21st Replenishment of IDA in the latest episode from the Parliamentary Podcast Series, published in partnership with the Parliamentary Network, the World Bank, and the IMF.
people received essential health, nutrition, and population services
80.78 million
women and children received basic nutrition services
74.50 million
beneficiaries of social safety net programs
92.76 milion
people provided with enhanced access to broadband internet
39 countries
publishing annual and timely public debt reports
17 countries
collecting and analyzing geo-tagged data using digital tools
Voices
"This is an important step that we hope others can follow to bolster much-needed financing to fight poverty and inequality. This commitment exemplifies Spain's resolve and dedication to achieving the Sustainable Development Goals, and our belief in IDA’s ability to move the needle."
CARLOS CUERPO
Minister of Economy, Trade and Business, Spain
"We urge other countries to join forces with us. To act and make the necessary investments. Only together, can we tackle the most pressing development and climate challenges facing the world today."
MATTE FREDERIKSEN
Prime Minister of Denmark
"IDA is an increasingly important source of sustainable financing to help ensure that the most vulnerable are not forgotten amid climate disasters, conflict and public health emergencies."
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