Philanthropy
Philanthropy plays a vital role in tackling the world’s most complex development challenges - bringing expert knowledge, innovative ideas, and catalytic funding to the table. Our newly launched Philanthropy Strategy will strengthen partnerships with foundations and philanthropies to accelerate our collective impact. By working more closely together, we seek to advance key priorities like creating more and better jobs, expanding access to energy, advancing universal health coverage, supporting agribusiness, ensuring water security, and promoting gender equality and women’s economic empowerment. We are:
- Focusing on fewer, larger, and more ambitious partnerships for greater impact.
- Co-creating innovative initiatives on a global, regional, and local level, which benefit from philanthropy’s expertise, knowledge, networks, and sources of funding.
- Expanding opportunities for collaboration beyond traditional grants to explore a full range of financing tools, including blended concessional instruments and commercial capital.
This new approach builds on a long history of working with philanthropic partners to advance shared goals, research, knowledge exchange, and advocacy campaigns.
Philanthropic Partners can engage with us in a number of ways:
- Financing: We offer a wide range of co-investment opportunities—from partner grant contributions to commercial investments. Trust funds are the most commonly used tool for partners to provide catalytic funding that supports development assistance, technical expertise, and knowledge products. Foundations can also help scale blended finance structures to unlock private sector investment, as well as participate in outcome-based financing. We have introduced several new innovative financial instruments, including: hybrid capital, which expands our lending capacity; and The Livable Planet Fund, which incentivizes middle-income countries to address global challenges with cross-border benefits, such as climate change mitigation and digital transformation.
- Knowledge: As a Knowledge Bank and through our new , we provide advisory services to governments and share expertise with partners to accelerate development, boost economies, and create jobs. Working closely with philanthropy and utilizing their technical and geographical expertise helps ensure our clients have access to the best development knowledge and solutions.
- Advocacy: Â Philanthropy has been pivotal in unlocking critical financial resources, increasing visibility, and enabling faster implementation at the country level across several sectors. These contributions have been instrumental in advancing initiatives like Mission 300 and supporting the .
