World Bank's Umbrella Trust Fund on Jobs, phase 2 (2020-2024) World Bank's Umbrella Trust Fund on Jobs, phase 2 (2020-2024) The contribution constitutes a continued support to the second phase of the World Bank's Multi Donor Trust Fund (MDTF) for Jobs (2020-2024) of 80 MSEK. This is a continuation of the support to the fist phase (2015-2020) which was 54 MSEK. 

The objectives of the Fund are:

a) To support the design and implementation of comprehensive, integrated and high-impact jobs strategies for WBG client countries

b) To advance global knowledge on the most effective policies and activities for sustainable jobs, especially for the most vulnerable groups

The work is organised through three windows: 

Window 1 - Supporting Jobs Lending at Scale

Window 2 - Measurement Agenda 

Window 3 - Global knowledge production through External Partnerships and Innovation

The aim for the second phase is to raise a total of equivalent to 469,3 MSEK. Insatsen innebär ett fortsatt stöd till Världsbankens paraplyfond för jobb om 80 MSEK, för fas 2 (2020-2024). Detta är en fortsättning på stödet till fas 1 (2015-2020) som uppgick till 54 MSEK.

Fondens övergripande mål är att:

a) stötta utformning och implementering av omfattande, integrerade och högeffektiva jobbstrategier på landnivå

b) främja global kunskap om effektiva policyer och interventioner för hållbart jobbskapande, särskilt för de mest utsatta grupperna

Detta uppnås genom tre fönster med fokus på: 

1) Skala upp sysselsättnings-ansatsen i Bankens operativa verksamhet på landnivå

2) Förbättrade uppföljnings- och resultatmätningsmetoder

3) Globalt kunskapande genom partnerskap och innovation

Bankens målsättning är att samla totalt motsvarande ca 469,3 MSEK för fondens andra fas. The World Bank Multi Donor Trust Fund (MDTF) for Jobs was established in
2014 as one of the first Umbrella Trust Funds within the World Bank Group, and
the second phase is proposed for 2020204.

The second phase of the MDFT Jobs maintains the original objectives of the
Fund:

a) To support the design and implementation of comprehensive, integrated and
highimpact jobs strategies for WBG client countries 
b) To advance global
knowledge on the most effective policies and activities for sustainable jobs,
especially for the most vulnerable groups

This is achieved through work through the following 3 windows:

Window 1  Supporting Jobs Lending at Scale: This window provides technical
expertise resources to task teams in other GPs and IFC to help scale up the
WBGs jobs lending portfolio across sectors and regions, in order to improve
technical quality of operations for improved targeting jobs outcomes and scale
up operational approaches especially in lowincome and fragile settings.

Window 2  Measurement Agenda: This window advances the technical capacity
for measurement of jobs outcome, and upgrades country level data and
diagnostics on jobs outcomes, to enable evidence based jobs initiativs and
provide policymakers with improved information on expected impact of
interventions.

Window 3  Influence through External Partnerships and Innovation: Under this
window, the Jobs Group support a strong engagement and dissemination and
outreach between the World Bank Jobs Group and other key stakeholders, to
identify and accelerate cutting edge solutions to emerging jobs challenges.

The goal for the second phase is to ramp up the emphasis specifically on
country level operationalisation, as well as the measurement of outcomes, and
the work with governments, private sector actors and development partners to
reinforce the agenda of private sector led jobs growth.

The overall theory of change is that the MDTF provides direct technical support
to country level operations with jobcentric designs to enhance jobs outcomes in
programmes, provide measurement methodologies, and engage with private and
public partners for effective solutions, to increase capacity for implementation of
effective programmes and policies in countries and across sectors supported by
evidence and data, to ultimately contribute to the accelerated creation of better
jobs through scaled up public sector reforms and private sector investments.