IBRD Trust Funds - World Bank

Published purpose

This grant represents Canada's contribution to the Haiti Reconstruction Fund (HRF). The role of the HRF is to help finance reconstruction activities in Haiti following the January 2010 earthquake. The objective of the HRF is to improve basic living conditions in Haiti and to help strengthen the capacity of the Government of Haiti to manage the reconstruction process. The HRF is a multidonor fund created as a partnership between the international community and the Government of Haiti. The multidonor approach aims to increase the harmonization and coordination of donor activities and reduce transaction costs for the Government of Haiti. The HRF places a priority on building local capacity, delivering activities quickly and efficiently, and promoting a transparent and accountable reconstruction process. Activities financed through the HRF may include technical assistance and capacity building, investments in infrastructure, delivery of basic services, community development, environmental protection and clean-up, and income generation activities. Allocation of HRF funds is guided by the Government of Haiti’s Action Plan for the Recovery and Development of Haiti. All HRF funds are disbursed through the Inter-American Development Bank, the United Nations, or the World Bank, to ensure rigorous monitoring of the use of the funds.