Page 103 - CIWA AR25

Annexes

ANNEX 4 — Financial Information

This section provides fi nancial updates on the CIWA program. Unless otherwise noted, the
fi nancial information, including exchange rates, refl ects the status as of June 30, 2025.

CIWA is supported by a Multi-Donor Trust Fund (MDTF) and Consistent with standard World Bank Trust Fund practices,
administered by the World Bank on behalf of contributing donors pledge funding for CIWA (total pledge was US$179.5 million),
development partners. CIWA’s ongoing donors are Austria, Denmark, and funds are deposited on an agreed schedule (deposits total
the European Commission, the Netherlands, Norway, Sweden, US$172.2 million). Under CIWA’s strategic planning efforts, funding

and the United Kingdom. This MDTF is known as a “Programmatic has been allocated to specific projects and technical assistance
Multi-Donor Trust Fund,” where donors commit funds to support (current allocations are at US$181.4 million) around the broad

a thematic framework rather than a specific project. Within themes and areas endorsed by the CIWA Advisory Committee.
this framework, CIWA supports projects executed by recipient This Annex presents additional details on pledges, deposits,
organizations and operations executed by the World Bank. allocations, commitments, and disbursements.

After the funds are allocated to specific activities, CIWA works

Funding Process and Disbursement
with clients to develop Grant Funding Requests to transfer funds
CIWA was initially designed as a US$200 million program over a into activity accounts. The World Bank follows technical, legal,
span of 10 years. In 2021, the program was extended for another and fiduciary procedures to approve projects and commits funds

five years to 2026 without meeting the fundraising target. In FY24, through its standard fiduciary processes (grant commitments

CIWA, Advisory Committee members, and internal World Bank totaled US$151.0 million). Funds were disbursed according to the
stakeholders endorsed a new CIWA pipeline to coincide with a grant agreements and financing plans (disbursements reached

second five-year extension. The Trust Fund extension (through US$125.3 million). Figure A4.1 presents the overall status. Most of
2031) was approved by the World Bank and agreements were CIWA funds (98 percent) are allocated to existing projects and
updated with donors (UK, Netherlands, Sweden, Austria). The new technical assistance. Any significant future activities depend

pipeline is valued at US$151 million over all previously allocated strictly upon the availability of new donor contributions.
funds (e.g., funds for grants not in the new pipeline), however, the
FY25-26 pipeline is deliberative as significant fundraising must

occur for full implementation. The FY25 CIWA funding goal (Figure
A4.1) is the total value of the new pipeline (US$151 million) plus the
funds allocated to that point ($181 million), which is US$332 million
rounded down to US$300 million, and is updated from the FY23
value of US$200 million, inclusive of the new FY25-26 pipeline and
all allocated funds to that point.

Figure A4.1. Overview of Donor Pledges, Deposits, Allocation, and Disbursement

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