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GEF Familiarization Seminar- World Bank and the GEF

GEF Familiarization Seminar- World Bank and the GEF. Karin Shepardson, Program Manager Executive Coordinator, World Bank January 17, 2012. Snapshot of WB GEF Program. Mobilized Public and Private Funds $ 30.6 billion 1991 - 2011. Other Co-financing $19.2 billion. GEF

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GEF Familiarization Seminar- World Bank and the GEF

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  1. GEF Familiarization Seminar- World Bank and the GEF Karin Shepardson, Program Manager Executive Coordinator, World Bank January 17, 2012

  2. Snapshot of WB GEF Program

  3. Mobilized Public and Private Funds $30.6 billion 1991 - 2011 Other Co-financing $19.2 billion GEF $4.6 billion IBRD/IDA $11.4 billion World Bank Group • Over 11,000 staff with 39% in Country Offices • Primary mandate of poverty alleviation, focused on developing countries in all regions of the world • Since GEF inception, primary role as IA is to work on “Investments” – most integrate TA and capacity building • IBRD/IDA/IFC funds bring high “leverage” to GEF resources • Sustainable Development a core focus of the Bank. • GEF grants integrated in the development agendas of client countries. Wide variety of government Ministries and stakeholders.

  4. Project Identification • GEF NPFE Process for Programming GEF Resources • GEF Focal Points in partnerships with other government stakeholders endorse • 4 year replenishment cycle, countries on same schedule • Articulates Priorities for the Global Environment • Needs to Identify sources of co-finance as GEF provides incremental finance • World Bank Country Assistance / Country Partnership Strategy • Ministry of Finance with Cabinet, often Parliaments endorse • 4 year rolling basis, different for each country • Articulates Priorities for all Development work with the Bank Group • Grants are an important compliment to other lending instruments

  5. Links with Bank Operations Role of the GEF LINKS LOCAL WITH GLOBAL • GEF advances sustainable development in individual nations while improving the global environment for all COMPLEMENTS EXISTING AID PROGRAMS • GEF is not a substitute for regular development finance LEVERAGES ADDITIONAL INVESTMENT • GEF seeks co-finance, replication, and follow-up investment: the trust fund cannot solve all global environmental problems Role of the Bank BLENDED PROJECT • with IDA or IBRD operation • Loan is cofinancing GEF STAND-ALONE PROJECT • Cofinancing from other, external sources • RTA as cofinancing • Part of Bank work

  6. Link between GEF and World Bank Project Cycle PCN Meeting 1. PIF & PPG Review and GEFSec Clearance GEF Council Work Program Approval Bank Steps GEF Steps GEFSec review of project concept (PIF) takes approx 2 weeks Draft PAD QER Max 18 months!! Decision Meeting Appraisal 2. CEO Endorsement of Final PAD CEO’s Comments /OK (w/in 2 weeks) Negotiations Board Approval

  7. WBGGEF Coordination Team Supports 300+ Project Teams Corporate GEF Anchor (ENVGC) • Manages corporate program and funds w/regions • Portfolio monitoring • Corporate quality/policy guidance • Thematic Specialist technical review and advice Regional Coordinators (6 Bank Regions + IFC) • First stop technical and procedural support on GEF • Coordinates Region’s GEF program • Processes all submissions through a centralized tracking system • Facilitates team interface with GEF secretariat as required

  8. CONTACTS • To access World Bank GEF External Web Site: http://www.worldbank.org/gefI • For additional info: email GEF Coordination Team at wbgefoperations@worldbank.org • WBG Country Office staff as first points of contact • GEF Regional Coordinators - region specific queries • GEF Executive Coordinator, kshepardson@worldbank.org

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