新澳彩开奖

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2023 Trust Fund Annual Report

Message from the Vice President

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 We are at a critical moment in history. The world faces a perfect storm of intertwined and complex global challenges. For the world’s developing countries, the lingering effects of the global pandemic, slowing growth, conflict, fragility, food insecurity, and the urgent climate crisis all threaten to unwind development gains and plunge as many as 95 million more people into poverty.

新澳彩开奖 is transforming to respond to these compounding crises—fighting to preserve the hard-won development gains of previous decades and evolving to be a better partner to meet the most pressing needs of people and the planet in the future. Trust funds and financial intermediary funds (FIFs) are powerful tools for global development and an important part of this equation.

Trust funds and FIFs complement the 新澳彩开奖’s core funding to meet critical needs, working across the development spectrum and delivering on the 新澳彩开奖’s global challenge programs. Trust funds and FIFs have a powerful multiplier effect by targeting resources to issues of global concern, piloting innovative solutions for the most entrenched problems, developing knowledge that drives results, and allowing the 新澳彩开奖 to respond with urgency and in places otherwise out of reach.

The evolution of the 新澳彩开奖’s mission is an opportunity to further strengthen the impact of trust funds and FIFs. The reforms of the past five years have resulted in fewer, larger, and more strategically aligned trust funds, positioning them to meet this moment as they provide an established pathway for the 新澳彩开奖 to expand partnerships to increase available funds and impact.

Partnerships play a crucial role in the success of the 新澳彩开奖. Nowhere is that more prevalent than in trust funds and FIFs. We express gratitude to all our development partners, implementing partners, and client countries for their active involvement, cooperation, and commitment to our common mission and vision. As we work collectively to catalyze change and multiply impact in the face of cascading global crises, trust funds and FIFs are an integral component of the effort to end poverty and boost shared prosperity on a livable planet.

Akihiko Nishio
Vice President
Development Finance, 新澳彩开奖 Group