The Yemen Resilience, Recovery and Reconstruction Umbrella Trust Fund (Yemen Fund) was established by the World Bank in May 2022 at a critical juncture of the years long conflict in Yemen, in recognition of the need for a flexible and coordinated response to the fluid situation on the ground and the importance of early readiness for agile post-conflict turnaround.
Over a ten-year horizon (2022-2032), the Yemen Trust Fund will continue to provide financing and serve as a convening platform to address the resilience, recovery, and reconstruction needs of all Yemenis, especially the most vulnerable. The fund focuses on Inclusive Service Delivery, Equitable Economic Opportunities and Jobs, Green Reconstruction and Program and Transition Enablers.
Since its inception, the Yemen Fund has quickly grown to finance 22 grants, complementing the World Bank budget and leveraging the International Development Association’s large investments in Yemen. Currently funded by the United Kingdom, the Kingdom of the Netherlands, and the Swiss Confederation, the Yemen Fund totals over US$25 million, with significant opportunity to scale up the program.
Programming focuses on:
- Pillar 1: Inclusive Service Delivery,
- Pillar 2: Equitable Economic Opportunities and Jobs,
- Pillar 3: Green Reconstruction, and
- Pillar 4: Program & Transition Enablers.
