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Road to IDA21

Road to IDA21

IDA's grants and low-interest loans help countries invest in their futures, improve lives, and create safer, more prosperous communities around the world.

Spain Announces Early Commitment to IDA

“This is an important step that we hope others can follow to bolster much-needed financing to fight poverty and inequality. This commitment exemplifies Spain's resolve and dedication to achieving the Sustainable Development Goals, and our belief in IDA’s ability to move the needle.”  (Learn More)

Carlos Cuerpo, Spain’s Minister of Economy, Trade and Business

“We urge other countries to join forces with us. To act and make the necessary investments. Only together, can we tackle the most pressing development and climate challenges facing the world today.”
Mette Frederiksen, Prime Minister of Denmark
Denmark Announces 40% Increase to IDA21

"As Finance Minister of the Republic of Latvia, I am proud to announce that Latvia’s contribution to IDA21 will increase by 60% compared to our previous replenishment. Together we can achieve a better and bigger IDA.”
Arvils Ašeradens, Minister for Finance of the Republic of Latvia
Latvia Pledges 60% Financial Increase to IDA21

Donors meet every three years to replenish IDA resources and review its policy framework. Officials from the donor governments (known as “IDA Deputies”) and representatives of borrowing member countries ensure that IDA’s policy and financing frameworks are responsive to country needs and current challenges. IDA also engages with civil society organizations (CSOs), foundations and think tanks around the world when developing its policy frameworks.

Key dates:

  • March 18-19, 2024: 1st IDA21 Replenishment Meeting
  • April 21, 2024: 2nd IDA21 Replenishment Meeting
  • June 18-21, 2024: 3rd IDA21 Replenishment Meeting
  • October 28-29, 2024: 4th IDA21 Replenishment Meeting
  • December 5-6, 2024: Final Pledging and Replenishment Meeting (South Korea to Host the Final Replenishment Meeting)

Donors meet every three years to replenish IDA resources and review its policy framework. Officials from the donor governments (known as “IDA Deputies”) and representatives of borrowing member countries ensure that IDA’s policy and financing frameworks are responsive to country needs and current challenges. IDA also engages with civil society organizations (CSOs), foundations and think tanks around the world when developing its policy frameworks.

Key dates:

  • March 18-19, 2024: 1st IDA21 Replenishment Meeting
  • April 21, 2024: 2nd IDA21 Replenishment Meeting
  • June 18-21, 2024: 3rd IDA21 Replenishment Meeting
  • October 28-29, 2024: 4th IDA21 Replenishment Meeting
  • December 5-6, 2024: Final Pledging and Replenishment Meeting (South Korea to Host the Final Replenishment Meeting)

Features

Results

What IDA Delivered in FY23-FY24

8.46 Gigawatts

generation capacity of renewable energy

-30.43 million tCO2eq/year

net reduction in Greenhouse Gas Emissions

5.68 million

people provided with access to clean cooking

143.61 million

people received essential health, nutrition, and population services

80.78 million

women and children received basic nutrition services

74.50 million

beneficiaries of social safety net programs

92.76 milion

people provided with enhanced access to broadband internet

39 countries

publishing annual and timely public debt reports

17 countries

collecting and analyzing geo-tagged data using digital tools

Voices

“This is an important step that we hope others can follow to bolster much-needed financing to fight poverty and inequality. This commitment exemplifies Spain's resolve and dedication to achieving the Sustainable Development Goals, and our belief in IDA’s ability to move the needle.”
CARLOS CUERPO
Minister of Economy, Trade and Business, Spain
“We urge other countries to join forces with us. To act and make the necessary investments. Only together, can we tackle the most pressing development and climate challenges facing the world today.”
MATTE FREDERIKSEN
Prime Minister of Denmark
"IDA is an increasingly important source of sustainable financing to help ensure that the most vulnerable are not forgotten amid climate disasters, conflict and public health emergencies."
CATHERINE RUSSELL
Executive Director, UNICEF