WB Multi Partner Fund 2022-2024
by Norad - Norwegian Agency for Development CooperationSomalia
Imported from IATI · publisher data as of Jun 30, 2025
0 followers
Budget
NOK 365,000,000
Timeline
Dec 4, 2022 – Dec 31, 2028
About this project
The main objective of the multidonor fund is to provide a platform for coordinated financing for the sustainable reconstruction and development of Somalia, with a focus on core state functions and socio-economic recovery. The MPF serves several key functions as a complement to IDA financing. It provides a mechanism for development partners to easily channel ODA through country systems in Somalia, either as co-financing for IDA investments or new investments projects, which may later be scaled up by IDA. It helps reduce fragmentation, by enabling development partners to pool resources. Moreover, co-financing of IDA investments helps the portfolio achieve greater economies of scale and impact at scale through country systems. Pilot investments in core areas of focus such as climate change and women empowerment/gender equality are envisioned. The MPF-financed policy dialogue and knowledge work is designed to inform the portfolio and advance CPF objectives in a way that serves a broader group of stakeholders. Knowledge products are intended to serve as public goods, helping inform sectoral and thematic discussions with implications beyond the immediate portfolio. Similarly, platforms for policy dialogue are designed to advance national discussions of critical importance for Somalia to achieve its development goals. Enhanced focus on climate change adaptation and mitigation will feature prominently. The World Bank’s risk exposure is increasing in Somalia, with significant implica…
Goals
Sustainable Development Goals this project works towards
Published details
View source- Published by
- Norad - Norwegian Agency for Development Cooperation · Government
- Countries
- Somalia
- Sectors
- Multisector aid
- Focus
- Gender equality · Also contributesEnvironment · Also contributesGood governance · Main focusClimate mitigation · Also contributesClimate adaptation · Also contributes
- Funded by
- Norwegian Government
- Implemented by
- World Bank
- Passes funds through
- Norwegian Ministry of Foreign Affairs - Embassies
Documents and links
Published by Norad - Norwegian Agency for Development Cooperation to the International Aid Transparency Initiative (IATI), last updated 30 Jun 2025 and imported automatically. IATI identifier: NO-BRC-971277882-SOM-20/0001.
Support WB Multi Partner Fund 2022-2024
Donations through Solarpunk Taskforce are coming soon. Until then, follow the project to get its updates and share it with people who might help.
Updates
No updates yet.