MDB Committee definition
Examples of MDB Committee in a sentence
Section 11.3. As soon as practicable after the end of each Financial Reporting Year, the Trustee shall furnish the Implementing Entity with an annual report for reconciliation between the Trustee and the Implementing Entity in respect of SCF Trust Fund funds allocated by the SCF Trust Fund Committee, the relevant SCF Sub- committee, or the MDB Committee, as appropriate, to the Implementing Entity, substantially in the form attached to this Agreement as Annex O.
MDBs will be informed through the MDB Committee about, and will be eligible to apply for, positions in the CIF Secretariat that are subject to internal recruitment.
The Co-Chairs, at their discretion, may also ask the Chair of the MDB Committee to participate in such discussions.
The World Bank as implementing entity is represented on the MDB Committee.
The Terms of Reference for the MDB Committee will be updated to reflect the Participants’ shared understanding of the enhanced role for MDBs in CIF fundraising activities, including at a senior management level.