Board of Governors Resolution No. 684 - Transfer from Surplus to the IBRD Fund for Innovative Global Public Goods Solutions

Jul 19, 2026

This document presents Resolution No. 684 adopted by the Board of Governors of the International Bank for Reconstruction and Development (IBRD) on August 4, 2021. The resolution officially sanctions the transfer of US$20 million from the IBRD's surplus to the IBRD Fund for Innovative Global Public Goods Solutions. This fund, which is administered by the IBRD, will receive the funds as a grant, with the proceeds to be drawn down as required for the fund's objectives. The resolution also specifies that the IBRD retains the authority to exchange the grant amount, in whole or in part, into other currencies at any time. This action signifies a commitment to fostering and funding innovative solutions for global public goods, demonstrating the IBRD's strategic allocation of resources towards impactful development initiatives. The resolution is a formal declaration of financial commitment and operational mechanism for supporting groundbreaking projects that address worldwide challenges, aligning with the bank's mission to reduce poverty and promote shared prosperity.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Resolution No. 684

Transfer from Surplus to the IBRD Fund for Innovative Global Public Goods Solutions

FAQs

What is the purpose of Resolution No. 684?

Resolution No. 684 authorizes the transfer of US$20 million from the IBRD's surplus to the IBRD Fund for Innovative Global Public Goods Solutions to support initiatives for global public goods.

Who administers the IBRD Fund for Innovative Global Public Goods Solutions?

The fund is administered by the International Bank for Reconstruction and Development (IBRD).

When was Resolution No. 684 adopted?

Resolution No. 684 was adopted on August 4, 2021.

Jul 19, 2026

Upload by Clementine