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International Development Association~^!!^s Sustainable Development Finance Policy : Proposed Adjustment of the Set-Aside Mechanism : International Development Association's Sustainable Development Finance Policy : Proposed Adjustment of the Set-Aside Mechanism (Английский)

Approved by IDA’s Executive Directors on June 9, 2020, the Sustainable Development Finance Policy (SDFP) became effective on July 1, 2020. The policy aims to incentivize countries to move towards transparent and sustainable financing, among others to make debt more transparent, and to further enhance coordination between IDA and other creditors in support of the countries’ reform efforts towards a sustainable development finance. This is especially important now, given the critical importance of addressing debt vulnerabilities in the many IDA countries that have seen a recent rise. The policy has two pillars: the (i) Debt Sustainability Enhancement Program (DSEP); and the (ii) Program of Creditor Outreach (PCO).

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