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The Catalytic Fund is a multi-donor trust fund managed by the World Bank on behalf of donors. Its purpose is to provide transitional financial assistance to FTI countries that have completed a Poverty Reduction Strategy and whose education sector plans have been endorsed by donors through the FTI review process, but which have difficulty mobilizing additional external funding at the country level due to a relatively limited donor presence.
The Fund was established in November 2003.
Support from the Catalytic Fund can enable countries to begin scaling up the implementation of their sector programs and establish a track record of performance that will help to attract longer-term predictable support from existing or new donors.
18 donors currently support the Catalytic Fund: Australia, Belgium, Canada, Denmark, the European Commission, France, Germany, Ireland, Italy, Japan, the Netherlands, Norway, Romania, Russia, Spain, Sweden, Switzerland, and the United Kingdom. 32 countries have received grants from the Catalytic Fund: Benin, Burkina Faso, Cambodia, Cameroon, Central African Republic (CAR), Djibouti, Ethiopia, the Gambia, Ghana, Guinea, Guyana, Haiti, Kenya, Kyrgyzstan, Lesotho, Madagascar, Mali, Mauritania, Moldova, Mongolia, Mozambique, Nepal, Nicaragua, Niger, Rwanda, Sao Tome & Principe, Senegal, Sierra Leone, Tajikistan, Timor Leste, and Yemen, and Zambia.
Total pledges (2003-2011): US$ 1.6 billion.
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[Last update: December 2009]
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