The International Development Association (IDA) is the largest source of concessional finance for the world’s 74 poorest countries, 39 of which are in Africa. Resources from IDA bring positive change to the 1.3 billion people who live in IDA countries.
With the ratification of the Sustainable Development Goals (SDGs) in 2015, along with a historic agreement in Addis Ababa on ways to mobilize financing needed for the SDGs, the world has a new roadmap for ending poverty by 2030. IDA is poised to play a key role in this mission, by catalyzing trillions of dollars in needed investment – public and private, national and global—and translating the SDGs into country-led action.
IDA is recognized as a global institution with a transformative effect that individual national donors cannot match. Here’s why:
- IDA provides leadership on global challenges. From its support for climate resilience to the creation of jobs to get former combatants back into society, IDA rallies others on tough issues for the common good and helps make the world more secure.
- IDA is transformational. IDA helps countries develop solutions that have literally reshaped the development landscape—from its history-changing agriculture solutions for millions of South Asians who faced starvation in the 1970s to its pioneering work in the areas of debt relief and the phase-out of leaded gasoline.
- IDA is there for the long haul. IDA stays in a country after the cameras leave, emphasizing long-term growth and capability to make sure results are sustained.
- IDA delivers for the poorest. IDA provides dignity and quality of life, bringing clean water, electricity, and toilets to hundreds of millions of poor people.
- IDA makes the world a better place for girls and women. IDA works to reverse gender discrimination by getting girls to school, helping women access financing to start small businesses, and ultimately helping to improve the prospects of families and communities.
- Working with the World Bank Group, IDA brings an integrated approach to development. IDA helps create environments where change can flourish and where the private sector can jumpstart investment.
- IDA is also a global leader in transparency and undergoes the toughest independent evaluations of any international organization. For example, the 2020 Aid Transparency Index ranked IDA second out of 47 of the world’s major development agencies. IDA has been in the highest category since the index was first published in 2010.
- And a 2018 assessment by the Center for Global Development and the Brookings Institution named IDA one of the international community’s top performing providers of development assistance, citing IDA’s low administrative costs, more predictable aid flows, and large project size relative to other donors.