The IDA21 Replenishment

The International Development Association (IDA), which makes up one half of the World Bank, is the single largest source of grants and concessional finance for the world’s poorest countries. IDA's 21st funding cycle will be in full swing throughout 2024, culminating in a December pledging session.

CGD's experts are examining the big questions around the replenishment: how to get to a record size, but also setting the right policy commitments to meet critical challenges like gender equity, reducing fragility, private sector job creation, and supporting refugees.

More from the Series

CGD NOTE

An Ambitious IDA for a Decade of Crisis
Vera Songwe
and
Rakan Aboneaaj
July 17, 2023
Low-income countries are in a battle for their lives and livelihoods, but they lack the resources to respond effectively. As the largest single source of development finance for the world’s poorest countries, the World Bank’s International Development Association (IDA) must be at the center of the s...
flags
Blog Post

IDA’s New Fundraising Campaign: An Early Test for World Bank President Banga
Karen Mathiasen
June 01, 2023
Last month, the World Bank announced its intention to mobilize $12 billion for a new Crisis Facility for IDA, the arm of the bank that provides concessional lending and grants to the poorest countries. The Crisis Facility will augment emergency funding for IDA’s most vulnerable borrowers and provid...
Money
Blog Post

IDA and MDB Reform: The Case for Greater Ambition

Vera Songwe
and
Rakan Aboneaaj
April 14, 2023
More than ever, low and lower middle-income countries (LICs and LMICs) are in a race against time. Their ambition to deliver prosperous economies for their citizens appears continuously thwarted by different shocks. There is a growing sense of urgency among these economies as it becomes clear that t...
Blog Post

The Road to a Better World Bank Starts with a Commitment to IDA
Clemence Landers
April 04, 2023
IDA has emerged as the largest financing arm of the World Bank Group in the last few years, and demand remains high. But IDA has not featured as prominently in the World Bank reform and roadmap conversations as IBRD. The Spring Meetings are an opportunity to change that.
Farmers harvest their crops near Kisumu, Kenya. Photo: Peter Kapuscinski / World Bank