Organisational Development of the Concessional Finance and Partnership Unit of the World Bank (2011-2013):

websitebuilder-hub • 25 December 2021

Over a period of three years Dr Marc Stephens provided detailed, operational support to the Vice President of the Concessional Finance and Partnership department in the World Bank to develop the organisational capacity of the department.

The CFP is responsible, inter alia, for the Bank's Global Partnership and Trust Fund operations. The Bank manages over 1000 trust funds (on behalf of third party contributors such as the Danish government) which provide grants to NGOs and private entities as well as governments. Dr Stephens:
1) worked with multiple stakeholders across the World Bank to develop organisational procedures applicable across the Bank (procurement, financial management, social and environmental safeguards, results, monitoring and evaluation, etc) for accelerating and simplifying the processing of "small" trust fund grants (less than US$5 million) and "micro" grants (less than US$0.5 million) including the Global Environment Facility (GEF) and other environment trust funds resulting in faster, safer throughput of grants;

2) benchmarked World Bank trust fund management processes and structures against eight other multilateral organisations (UNDP, WHO, IFAD, African Development Bank, Asian Development Bank, OECD and IMF); the work was requested by the then President of the World Bank and was used to encourage a more standardised approach; 

3) developed a results framework for trust funds managed by the World Bank enabling the Bank to adopt a more strategic approach to trust fund management.  

by Marc 1 October 2024
A Mid Term Review: progress towards national and global efforts to transform food systems
by Marc 1 October 2024
In collaboration with Adam Smith International
by PH197193 1 October 2024
Mid-Term Review of Investor Influence program on behalf of CERES of Norway International Climate and Forest Initiative
More posts
Share by: