Cofinancing, Trust Funds, and Guarantees The Bank's Resource Mobilization and Cofinancing activities help its members obtain financial assistance from other sources. Cofinancing refers to funding committed by an external official bilateral or multilateral partner, an export credit agency, or a private source in the context of a specific Bank-funded project. Trust funds enable the Bank, along with bilateral and multilateral donors, to mobilize funds for investment operations, as well as debt relief, emergency reconstruction, and technical assistance. Guarantees promote private financing in borrowing member countries by covering risks the private sector is not normally ready to absorb or manage. Grants Grant making has become an important complement to the Bank's lending services.
Grants are seed money for pilot projects.
They support innovative, cutting-edge approaches and technologies. Through grants, the Bank leverages its financinal and human resources as well as its convening power to combine forces with partner organizations in pursuit of shared regional and global objectives. Last year, the DGF supported 50 programs addressing issues in rural development, environment, health, education, economic policy, and private sector development. The Bank undertakes a broad range of analytic and advisory activities to support its development mission. ESW examines a country's economic prospects, including, for example, its banking or its financial sectors, and trade, poverty, and safety net issues.