The Bank established special programs/grants for financing
non-reimbursable technical cooperation projects to address specific improvements
to country and regional needs, including Regional Infrastructure Integration and Disaster Prevention.
Fund for the Financing of Technical Cooperation for Initiatives for Regional Infrastructure Integration
(FIR)
- Operation Guidelines
(English)
Trust funds are critical to the effectiveness of IDB programs for sustainable and equitable development in
the Latin America and Caribbean(LAC) region. The
Eighth General Increase in the Resources of the IDB and the Institutional Strategy note that a key role of Bank technical assistance "is to increase a country's capacity to absorb Bank lending to achieve long-term development objectives. Technical assistance and its proper sequencing is an integral part of the programming process." Trust funds are a considerable source of financing for Bank technical assistance.
The Bank holds funds in trust from 18
non-borrowing member countries for various purposes: consultant trust funds to take advantage of international technical expertise, programmatic trust funds to hone skills or methodology in a particular program area, and partnerships between the Bank and development institutions to deliver development assistance jointly. During 2000-2004, trust funds contributed approximately US$145 million in grant financing for technical cooperation with LAC countries.
*The amounts do not include contributions to those funds that are closed to new projects.Financial Support Services Subdepartment • Regional Operations Department 2