Deauville Partnership: IFI Coordination Platform

Marseille, France, September 10, 2011
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See also Deauville Partnership Declaration and Communiqué (Le communiqué est aussi disponible en français)

In support of the Deauville Partnership ten (10) international Financial Institutions (IFIs)[1], agreed to setup a new coordination platform at the staff operational level. They all welcomed the idea of a new mechanism, since existing platforms such as the Coordination Secretariat of the Arab Funds or the Luxembourg Group do not meet the group’s needs in terms of geographical coverage, number of institutions involved and the complexity of the interinstitutional coordination agenda in the context of the recent wave of change in the region.

The IFIs discussed different coordination approaches and a coordination platform with rotating secretarial responsibilities was retained as the most practical and efficient model, providing a flexible and nonbureaucratic structure to answer to the urgent needs of the countries in a coordinated manner.

The coordination platform would include the institutional focal points (focal point + alternate) and could be expanded to a format in which operations staff (e.g. country / sector leads) are assigned to specific areas and topics. It would have access to a dedicated website (e.g. light platform on the Deauville Partnership website) for information sharing and live discussions. It will also serve to help participating donors/investors find avenues to work together, including in the area of Private Sector Development, and will ease the consultations for an effective allocation of resources and efforts among the IFIs.

Objectives and scope – The coordination platform will have the following objectives:

Activities – The coordination platform will be in charge of the following tasks, within each IFIs’ governance framework, policies, and operating procedures:

Organization – This coordination platform will be led by one of the IFIs for a period of time (e.g. one year), on a rotational basis. The institution that takes the lead will appoint staff members dedicated to the coordination of the Deauville Partnership. A formal handover will be organized each time a new IFI takes the lead on the coordination.

Meetings – The coordination platform will organize periodic meetings to discuss initiatives and cooperation issues in addition to regular conference calls. Additional meetings will be organized before specific highlevel events (notably Deauville Partnership meetings) and on demand of one of the parties.

Reporting – The coordination platform will prepare the IFIs’ Joint Action and Progress Reports in the context of the Deauville Partnership. These reports will address IFIs’ collaboration with the countries, functioning of the coordination mechanism and project updates on the ground.

Unless specifically requested by the Deauville Partnership, such reports will be issued on an annual basis. Draft reports will first be cleared internally by the parties concerned before being circulated to the Deauville Partnership Secretariat.

Notes

[1] The Arab Fund for Economic and Social Development (AFESD), the Arab Monetary Fund (AMF), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the International Finance Corporation (IFC), the International Monetary Fund (IMF), the Islamic Development Bank (IsDB), the World Bank, the OPEC Fund for International Development (OFID) and the African Development Bank (AfDB).
* For the EBRD, these commitments remain subject to shareholders’ decisions on the geographic extension of its activities.

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Source: Ministère de l'Economie, des Finances et de l'Industrie de la République française