International Finance Institutions

 

          

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​Photo copyright: World Bank Flickr

The International Development Association (IDA, World Bank Group) 

 

The International Development Association (IDA) is the part of the World Bank Group (WBG) that helps the world's poorest countries end extreme poverty and build shared prosperity in a sustainable manner. It aims to reduce poverty by providing loans and grants for programs that boost economic growth, reduce inequalities, and improve people's living conditions.

Switzerland has been a member of IDA since 1992 (and has contributed to the fund since 1967). Switzerland once again played an active role in the replenishment negotiations for the period 2017-2020 (known as IDA18), which defined five priority areas: climate change; gender and development; fragility, conflict, and violence (FCV); jobs and economic transformation; and governance and institutions.

Switzerland's commitment of CHF 645 million to IDA18 represents its largest financial contribution to a multilateral organization, reflecting the importance and global relevance of IDA and the WBG in helping Switzerland achieve its development goals.  

 

 

 

 

 

 

 

 

 

 

CLIMATEGENDERFRAGILITY, CONFLICT AND VIOLENCEJOBS AND ECONOMIC TRANSFORMATIONGOVERNANCE AND INSTITUTIONS
​Managing the unavoidable
Avoiding the unmanageable
​Fostering gender equality and empowerment​Breaking the cycle of conflict and poverty​Creating good jobs, supporting a strong private sectorBuilding open, effective, and accountable institutions

  

 

Role of IDA/WBG in the international aid architecture:

The WBG, which is owned by 189 member countries, is a global thought leader on development principles and standards, as well as a leading producer of globally relevant knowledge products. With regard to development finance, it is the most influential multilateral organization. IDA's comparative advantage is rooted in a strong and effective business model that leverages resources and delivers value for money. The IDA18 replenishment negotiations assembled a record USD 75 billion financing package, adjusting IDA's financing model to leverage its balance sheet on the international capital markets (so-called IDA+). This will allow for a substantial increase in lending volume to support the 2030 Agenda in the poorest countries, in particular in fragile countries.

Coherence with Swiss priorities:

The WBG (including IDA) is one of Switzerland's 15 priority multilateral partners according to the Dispatch on International Cooperation 2017-2020. The five special themes of IDA18 correspond closely to Switzerland's development priorities outlined in the Dispatch 2017-2020. In addition, during the replenishment negotiations, Switzerland strongly pushed for IDA to make a focused contribution toward the implementation and results monitoring of the 2030 Agenda, intensify its efforts to improve conditions for the private sector, and to cooperate more closely with other development actors, such as the UN, especially in fragile contexts. The new IDA+ business model answers the call of the Addis Ababa Action Agenda for multilateral development banks to maximize their resources and find innovative ways to finance the 2030 Agenda.

 

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Find more information about Swiss cooperation with IDA in our  factsheet (de) (fr) (en). The SDC Programme Manager for IDA/WB is Tobias Sommer