The Framework awards, based on competitive procedures, grants for infrastructure project preparation activities as well as for investments. Calls for proposals are launched by the WBIF Steering Committee. Generally, there are two calls for technical assistance and only one call for investment grants per year. Guidelines are published for each call for proposals setting out eligibility criteria, including any specific requirements, as well as the pre-notification and submission deadlines.
Applications are assessed by the WBIF's Project Financiers’ Group, which recommends selected applications for approval to the Steering Committee. Approved grants are then implemented by the Infrastructure Project Facility teams and/or the IFIs themselves.
The WBIF is a coordinated blending platform financing the preparation and implementation of priority infrastructure projects through:
At inception, the CEB, the EBRD and the EIB contributed to the WBIF’s grant activities.