04/21/2025 | Press release | Distributed by Public on 04/21/2025 15:21
The Human Capital Umbrella Trust Fund Program, launched in 2019 with support from the Gates Foundation and the Government of Canada, catalyzes investments in people through a comprehensive, evidence-based approach.
The Umbrella Program shapes World Bank operations to deliver impacts at scale. Since its inception, activities funded by the Umbrella Program have informed 29 World Bank-financed operations, totaling more than $8.5 billion in lending. Aligned with the objectives of the Human Capital Project - a global program that comprises 95 member economies committed to building, protecting, and utilizing human capital - it operates through three pillars: knowledge, evidence, and measurement; country engagement; and global engagement.
The Trust Fund will continue to support investments in human capital that allow countries to navigate volatility and uncertainty driven by simultaneous large trends reshaping society. These include climate change, demographic shifts, and the advent of emerging technologies like AI.
The Human Capital Umbrella Program provides critical support to governments through data-driven insights, technical assistance, and advocacy efforts aimed at optimizing human capital outcomes. At its core, the Umbrella Program is committed to leveraging data and evidence to inform policies and shape interventions that optimize human capital outcomes.
By providing governments with access to tools and methodologies, the program empowers decision-makers to track progress, identify areas for improvement, and target interventions effectively.
The Human Capital Umbrella Program places a strong emphasis on building government capacity to implement multi-sectoral interventions that address complex challenges and improve service delivery. For example:
In Nigeria, the Umbrella Program supported the identification of key institutional, governance, and financial constraints hindering service delivery in education and healthcare. Active engagement with stakeholders builds consensus on the proposed reforms.
A cornerstone of the Umbrella Program's mission is its commitment to promoting gender equality and women's empowerment. Aligned with the World Bank's Sahel Women's Empowerment and Demographic Dividend (SWEDD) project (now closed) and, the Sub-Saharan Women's Empowerment and Demographic Dividend Plus (SWEDD+) project, the Gender Innovation and Regional Learning (GIRL) initiative generates evidence and supports regional activities to identify interventions that best address gender disparities and empowers women and girls across various sectors (education, health, social protection).
The Umbrella Program supports legal and policy reforms with a focus on gender inclusion in Togo, Cameroon, and The Gambia. These reforms address the systemic barriers that prevent women and girls from fully participating in society.
In Cote d'Ivoire, the Umbrella program supported a study to understand the influence of religious and community leaders on social norms to develop insights that can inform gender-based violence prevention strategies.
The Human Capital Umbrella Program also serves as a catalyst for policy dialogue and advocacy, convening stakeholders and fostering thought leadership to mobilize resources and drive innovation.