About the Fund

The JOBS MDTF Windows 042016

Overall Objective:

The World Bank Group’s Jobs Strategy aims to improve jobs and earnings opportunities for workers worldwide, contribute to the eradication of poverty, and boost shared prosperity. It does this through the development and delivery of integrated diagnostics and solutions that promote private sector-led job creation by growing new and existing businesses of all sizes, increasing the productivity of existing jobs, and helping individuals—in particular the most vulnerable, including youths and female workers—get a job. This fund supports the design and implementation of this strategy.

Specific Objectives:

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.

Operational Modality

  • 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.