Catalytic Fund definition
Examples of Catalytic Fund in a sentence
The predecessor fund to the GPE Fund and the GPE Fund II, the Catalytic Fund (CF), has allocated more than USD 2,018.4 million to 37 countries (2003 – November 2010) whose national education sector plans have been endorsed by local donors through a GPE process but who have insufficient domestic or external aid resources to implement them.
The Grant is funded out of the abovementioned Catalytic Fund for which the World Bank receives periodic contributions.
REPUBLIC OF MOZAMBIQUE By: /s/ Aiuba Cuerenia INTERNATIONAL DEVELOPMENT ASSOCIATION (acting as administrator of Education For All Fast Track Initiative Catalytic Fund) By: /s/ ▇▇▇▇▇▇▇▇ ▇.
International Bank for Reconstruction and Development and International Development Association (collectively the Bank) and the Republic of Tajikistan are entering into a Grant Agreement for Fast Track Initiative Catalytic Fund Grant – FTI-3 (third year bridging allocation).
Two new funds – the GPE Fund, and this trust fund, the GPE Fund II: World Bank as Exclusive Supervising Entity or Implementer (GPE Fund II) – have been established to replace the previous ones (Catalytic Fund, Education Programme Development Fund and the Secretariat Trust Fund).
The Catalytic Fund will take an equity participation in the Slaughterhouse LLC to be created by PROSUL.
Dividends earned by the Catalytic Fund will be split in two equal parts: (i) one part will be kept by the Catalytic Fund to cover its operating expenses; and (ii) the other part will be transferred to LPOs to increase their income and incentivize their participation in the investment.
Dividends earned from equity participation in MFIs will be used to cover Catalytic Fund operating costs.
REPUBLIC OF MOZAMBIQUE By: /s/ Aiuba Cuerenia Authorized Representative INTERNATIONAL DEVELOPMENT ASSOCIATION (acting as administrator of Education For All Fast Track Initiative Catalytic Fund) By: /s/ ▇▇▇▇▇▇▇▇ ▇.
On this basis, the Bank is accordingly entering into this Madagascar Catalytic Fund Transfer Arrangement on behalf of the CF Committee.