International Development Association (IDA) - World Bank Group

Donor: 
Any donor
International Finance Institutions
Geographical focus: 
Global
Africa
Americas
East Asia and the Pacific
Europe
Middle-East
South Asia
Thematic focus: 
Tourism in general
Infrastructure in Tourism
Policy and Governance in Tourism
Social inclusion and Poverty reduction in Tourism
Intro text: 
The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. IDA is one of the largest sources of assistance for the world’s 77 poorest countries, 39 of which are in Africa. It is the single largest source of donor funds for basic social services in these countries. IDA-financed operations deliver positive change for 2.8 billion people, the majority of whom survive on less than USD 2 a day.

Official website

http://www.worldbank.org/

Geographic focus

All regions.

Who can apply?

Governments can apply. 77 countries are eligible to receive IDA assistance. To be eligible for funds, countries must first meet the following criteria:

  • Relative poverty defined as GNI per capita must be below an established threshold (updated annually); and
  • Lack creditworthiness to borrow on market terms.

Objectives and activities

Objectives: IDA aims to reduce poverty by providing loans and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.

Activities:

  • Investment project financing is used in all sectors, with a concentration in the infrastructure, human development, agriculture, and public administration sectors. It supports a wide range of activities including capital-intensive investments, agricultural development, service delivery, community-based development and institution building.
  • The World Bank Group Environment Strategy 2012-2022 lays out an agenda to support “green, clean, resilient” paths for developing countries, as they pursue poverty reduction and development in an increasingly fragile environment. Each Country Partnership Strategy is also reflecting the global WBG environment strategy.

Type of tourism-related actions eligible for funding:

Sustainable Tourism Development Projects: the objective of this project is to strengthen the institutional framework for the tourism sector to facilitate environmentally and socially sound investments. Among others in Sri Lanka, Morocco, Montenegro, Bhutan, Mozambique, Bulgaria, Haiti and Ethiopia.

Type and level of funding

Financial assistance is provided in the form of concessional loans, credits, grants and guarantees. World Bank Group funding is implemented through the Country Partnership.