To expand the frontiers of global knowledge in the area of jobs by financing six types of activities:
- Collecting data and creating/ implementing diagnostic tools.
- Conducting research and impact evaluations on specific jobs challenges (e.g., job creation in conflict countries, short-term tradeoffs between productivity growth and job creation, firm dynamics and job creation);
- Designing integrated job strategies in different country contexts (including in fragile & conflict situations), and in partnership with the private sector.
- Supporting countries in introducing innovative solutions for job creation through advisory, convening, and financial services.
- Building client capacity in the collection and analysis of data and models, and implementing diagnostics, strategies, and programs, in order to build ownership and sustainability; and
- Creating and nurturing partnerships between development practitioners and the private sector to inform the design and support the implementation of operations.
- Designing, piloting, and evaluating innovative country programs and advisory and lending projects with a jobs lens, with the objective of identifying effective, scalable, and sustainable solutions.
- Building jobs data and diagnostics tools to guide policies and programs.
- Undertaking cutting edge actionable research and analysis on key jobs challenges to help build evidence on what works.
- Consolidating and disseminating knowledge and lessons from experience.
- Establishing partnerships with relevant international institutions (e.g., ILO, OECD) and the private sector.
The Umbrella Multi-Donor Trust Fund (MDTF) is administered by the World Bank Group and governed by the legal agreements signed with each donor.
Current donors to the Jobs Umbrella MDTF include the Governments of Austria, Norway , Germany, Switzerland ((SECO)—through existing financing in an IFC MDTF)), UK DFID, the Austrian Development Agency (ADA) and Swedish SIDA.