[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111214-en":3,"doc-seo-111214-105":29,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},111214,8796095360427,"Lucas Martin","https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d",8,"Research & Report","Financing for Development - The World Bank Group’s Contribution to the International Financing for Development Agenda","Financing for Development outlines how the World Bank Group contributes to the United Nations Financing for Development agenda, providing an evolution of the Group’s approach across changing global conditions. It reviews foundations for financing and resilience from 2002–2020, then tracks COVID-19 response and recovery, followed by an evolution roadmap toward a “better and bigger” WBG. The report addresses current debt and fiscal challenges, highlights debt vulnerabilities, and presents forward actions on growth, domestic revenue mobilization, domestic capital markets, private capital, crisis preparedness, and aid effectiveness through reduced fragmentation.","Public Disclosure Authorized Public Disclosure Authorized  \nFinancing for Development  \nThe World Bank Group’s Contribution to the International Financing for Development Agenda  \nMarch 2025  \nAbbreviations and Acronyms  \n\n| CWG | Country Working Group |\n| --- | --- |\n| DeMPA | Debt Management Performance Assessment |\n| DMF | Debt Management Facility |\n| DRM | Domestic Resource Mobilization |\n| DRS | Debtor Reporting System |\n| DSSI | Debt Service Suspension Initiative |\n| DSF | Debt Sustainability Framework |\n| EMDE | Emerging Market and Developing Economies |\n| FCS | Fragile & Conflict-Affected Situations |\n| FDI | Foreign Direct Investment |\n| FCV | Fragility, Conflict, and Violence |\n| FfD4 | Fourth United Nations Financing for Development |\n| FFI | Framework for Financial Incentives |\n| FIF | Financial Intermediary Funds |\n| GAF | Grant Allocation Framework |\n| GE | Grant Element |\n| GEF | Global Environmental Facility |\n| GDP | Gross Domestic Product |\n| GFPP | Grant Facility for Project Preparation |\n| GHG | Greenhouse Gas |\n| GSDR | Global Sovereign Debt Roundtable |\n| GVC | Global Value Chains |\n| HIPC | Heavily Indebted Poor Countries |\n| IBRD | International Bank for Reconstruction and Development |\n| IDA | International Development Agency |\n| IEG | Independent Evaluation Group |\n| IFI | International Finance Institution |\n| IFFs | Illicit Financial Flows |\n| IMF | International Monetary Fund |\n| J-CAP | Joint Capital Markets (J-CAP) Program |\n| JDRMI | Joint Domestic Resource Mobilization Initiative |\n| LIC | Low Income Country |\n| LMIC | Lower Middle-Income Country |\n| MDBs | Multilateral Development Banks |\n| MDRI | Multilateral Debt Relief Initiative |\n\n\n| MFD | Maximizing Finance for Development |\n| --- | --- |\n| MIC | Middle Income Country |\n| MIGA | Multilateral Investment Guarantee Agency |\n| OECD | Organization for Economic Co-operation and Development |\n| OFF | Official Financial Flows |\n| PC | Paris Club |\n| PCO | Program of Creditor Outreach |\n| PCT | Platform for Collaboration on Tax |\n| PPA | Performance and Policy Actions |\n| PPG | Public and Publicly Guaranteed Debt |\n| PSW | Private Sector Window |\n| SDFP | Sustainable Development Finance Policy |\n| SDG | Sustainable Development Goal |\n| SME | Small Medium Enterprise |\n| SSA | Sub-Saharan Africa |\n| UNODC | United Nations Office on Drugs and Crime |\n| WBG | World Bank Group |\n\nTable of Contents  \nExecutive Summary ......................................................................................................................... 3  \n1. The World Bank Group’s Evolving Approach to Financing Development ............................... 7  \n1.1 Evolving Global Context .................................................................................................. 7  \n1.2 Foundations for Financing and Resilience (2002–2020) ................................................. 8  \n1.3 COVID-19 Response and Recovery (2020–2022) .......................................................... 12  \n1.4 Intertwined Crisis Response and Evolution Roadmap toward a Better and Bigger WBG (2023–Present) .......................................................................................................................... 12  \n2. The WBG’s Response to the Current Debt and Fiscal Challenges......................................... 13  \n2.1. The Debt and Fiscal Landscape ..................................................................................... 13  \n2.2. Addressing debt vulnerabilities..................................................................................... 17  \n3. Going Forward: The Agenda on Financing Development ..................................................... 19  \n3.1. Structural Reforms for Growth and Jobs....................................................................... 19  \n3.2. Increasing Domestic Revenue Mobilization .................................................................. 21  \n3.3. Developing Domestic Capital Market","cbCaivFEzjddgPMT","https://ap.wps.com/l/cbCaivFEzjddgPMT","pdf",717706,1,34,"English","en",105,"# Executive Summary\n# The World Bank Group’s Evolving Approach to Financing Development\n## Evolving Global Context\n## Foundations for Financing and Resilience (2002–2020)\n## COVID-19 Response and Recovery (2020–2022)\n## Intertwined Crisis Response and Evolution Roadmap toward a Better and Bigger WBG (2023–Present)\n# The WBG’s Response to the Current Debt and Fiscal Challenges\n## The Debt and Fiscal Landscape\n## Addressing debt vulnerabilities\n# Going Forward: The Agenda on Financing Development\n## Structural Reforms for Growth and Jobs\n## Increasing Domestic Revenue Mobilization\n## Developing Domestic Capital Markets\n## Mobilizing Private Capital\n## Enhancing Crisis Preparedness and Resilience\n## Addressing Debt Vulnerabilities, including Solvency and Liquidity Challenges and Debt Transparency\n## Increasing Aid Effectiveness through Reduced Fragmentation\n# Fostering IDA as a Partner of Choice","[{\"question\":\"How does the World Bank Group’s approach to financing development evolve over time?\",\"answer\":\"The agenda traces foundations for financing and resilience (2002–2020), then details COVID-19 response and recovery (2020–2022), and finally covers an evolution roadmap toward a better and bigger WBG from 2023 onward.\"},{\"question\":\"What debt and fiscal challenges does the report focus on?\",\"answer\":\"It examines the debt and fiscal landscape and highlights debt vulnerabilities, including solvency and liquidity challenges and the need for improved debt transparency.\"},{\"question\":\"What actions are proposed for going forward on financing development?\",\"answer\":\"The report sets out structural reforms for growth and jobs, increases in domestic revenue mobilization, development of domestic capital markets, mobilization of private capital, and strengthening crisis preparedness and resilience, 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