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Japanese
Trust Funds
1.
Japan
Special Fund (JSF)
The
Japan Special Fund (JSF)
was established in 1988 to finance untied, nonreimbursable technical
cooperation in all IDB borrowing member countries. The JSF is
the largest trust fund at the
Bank, and it supports the preparation and implementation of IDB
projects, as well as stand-alone projects, which are in line with
the Bank's Country Strategy Papers. Eligible sectors are health,
education, nutrition, water and sanitation, social development,
the environment, natural disasters prevention and civil society.
2.
Japanese Trust Fund for Consultancy Services (JCF)
In
1995, the Japanese government set up at the IDB the
Japanese
Trust Fund for Consultancy Services (JCF). It provides
non-reimbursable resources for technical services by Japanese
consultants to prepare and implement Bank-supported projects in
all sectors and in all Bank borrowing member countries. Its resources
are semi-tied, requiring a minimum of 50 percent funding for Japanese
consultants. Projects supported by the Fund have used Japanese
expertise in environmental conservation, natural disaster prevention
and mitigation, infrastructure, health, business and finance.
3.
JSF Poverty Reduction Program (JPO)
In
2001, the Japanese government set aside US$30 million from the
Japan Special Fund to establish the Poverty
Reduction Program (JPO). The JPO
provides financial support for technical cooperation projects
to aid the poverty alleviation efforts of borrowing member countries.
In September 2004, the JPO introduced a new financing scheme
to support poor and vulnerable groups, in order to effectively
address the need for poverty alleviation. The scheme has two
components: the Community-Based Program (CBP) and the Loan Enhancement
Program (LEP).
e-fund
new
Korean
Trust Funds
Even
before their official entry to the IDB, the Korean government
provided two trust funds, which are Korean
Trust Fund for Technical Cooperation to the Republic of Colombia
and Korean
Trust Fund for Technical Cooperation (for Central America) .
After their entry, the Korean government committed three new
trust funds in the IDB and IIC as follows.
1.
Korean Poverty Reduction Fund (KPR)
In July 2005, the government of the Republic of Korea established
the Korea
Poverty Reduction Fund (KPR) with the initial contribution
of US$25 million. The KPR aims to support poverty reduction
and social development activities, including disaster prevention
and some post-disaster technical assistance, intended to benefit
the most vulnerable and economically disadvantaged groups, with
an emphasis on the less developed countries and relatively less
developed regions within LAC countries.
2.
Knowledge Partnership Korea Fund for Technology and Innovation
(KPK)
In July 2005 the government of the Republic of Korea established
the Knowledge
Partnership Korea Fund for Technology and Innovation (KPK)
with the initial contribution of US$25 million. The purpose
of this fund is to promote project preparation and implementation
in the area of technology and scientific innovation. This facility
would support the development of technological capacity, institutional
strengthening, competitiveness and the adoption of new production
technologies in LAC countries.
3.
Korea-IIC SME Development Fund
The
government of the Republic of Korea also established the Korea-IIC
SME Development Fund in the Inter-American Investment Corporation
(IIC) of the IDB group for small and medium enterprise development.
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