The International Development Association (IDA) is one of the most important sources of finance for low-income countries – mobilising US$75 billion between 2017–20.
The forthcoming replenishment of IDA – IDA19 provides an important opportunity to review IDA’s contribution to crisis financing, and to further improve its performance.
Five revealing new Discussion Papers by world experts, and two Policy Briefs, provide major new insights into the way IDA contributes to crisis financing in low income countries.
Their key findings and recommendations are summarised in the Policy Brief IDA19: A vital tool for managing crisis risk.
IDA’s Crisis Response Window (CRW): Learning lessons to drive change
POLICY BRIEF | DISCUSSION PAPER
$3 billion was allocated to the CRW in IDA18, equivalent to a third of IDA’s total spending on crisis financing. This paper and accompanying policy brief detail how the CRW has been used to date, and identifies a number of concrete ways of improving its performance.