Both partners share a common goal to reduce poverty and promote shared economic prosperity in an environmentally responsible and socially inclusive way.  KGGTF provides funding, capacity building, and technical assistance to World Bank teams around the world, partnering with client countries as they adopt green growth strategies.

By supporting new methodologies and technologies, investing in innovative approaches, and facilitating learning from around the world, KGGTF-funded activities are operationalizing and mainstreaming green growth throughout the World Bank’s lending operations. The Trust Fund finances on-the-ground programs as well as knowledge exchange activities, and to date has approved 132 programs in the urban, transport, information and communication technology, energy, environment, water, climate, and agriculture sectors. Based on strong performance, as well as increasing demand for collaborative development implementation programs, the fund has grown from US$40 million to US$88 million World Bank Group programs through 2021.