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The World Bank 1818 H Street N.W. (202) 473-1000
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD
INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS
CONFORMED COPY
Date: December 6, 2011
Mr. Feilim McLaughlin
Director
Emergency and Recovery Section
Development Cooperation Directorate
Development Cooperation Division
Department of Foreign Affairs and Trade
Riverstone House
23-27 Henry St
Limerick
Ireland
Supplemental Contribution Amendment to the Administration Agreement between the Department of Foreign Affairs and Trade of Ireland, formerly known as the Department for Foreign Affairs of Ireland and the International Bank for Reconstruction and Development and the International Development Association concerning the Standby Recovery Financing Facility of the Global Facility for Disaster Reduction and Recovery (TF070948 )
Dear Mr. McLaughlin:
1. We refer to the Administration Agreement between the Department of Foreign Affairs and Trade of Ireland, formerly known as the Department for Foreign Affairs of Ireland, (the “Donor”) and the International Bank for Reconstruction and Development and the International Development Association (collectively, the “Bank”), regarding the Standby Recovery Financing Facility of the Global Facility for Disaster Reduction and Recovery – GFDRR (the GFDRR Track 3 Technical Assistance Multi-Donor Trust Fund) (TF070948) effective as of July 21, 2010 (the “Administration Agreement”).
2. We are pleased to acknowledge, on behalf of the Bank, the intention of the Donor to make a supplemental contribution to the Trust Fund in the amount of three hundred thousand Euros (€300,000) (the “Supplemental Contribution”).
3. The Donor shall deposit the Supplemental Contribution into such bank account designated by the Bank promptly following countersignature of this Agreement by the Donor and submission of a payment request by the Bank.
4. When making the deposit, the Donor shall instruct its bank to include in its payment details information (remittance advice) field of its SWIFT payment message, information indicating: the amount paid, that the payment is made by Donor for TF070948, (the Standby Recovery Financing Facility of the Global Facility for Disaster Reduction and Recovery Multi-Donor Trust Fund), and the date of the deposit. In addition, the Donor shall provide a copy of the Donor’s deposit instruction to the Bank’s Accounting Trust Funds Division by e-mail sent to or by fax sent to (202) 614-1315.
5. The Bank shall convert the Supplemental Contribution funds into the holding currency of the Trust Fund, namely United States dollars, promptly following receipt of the Supplemental Contribution funds and the Deposit Instruction containing the information specified above at the exchange rate obtained by the Bank on the date of the conversion. Where the Supplemental Contribution proves to be insufficient to complete the activities as a result of an exchange rate fluctuation, neither the Bank nor the Donor shall bear any responsibility for additional financing.
6. All other terms of the Administration Agreement shall remain the same.
7. The Bank will disclose this Agreement and related information on this Trust Fund in accordance with the World Bank Policy on Access to Information. By entering into this Agreement, the Donor consents to disclosure of this Agreement and related information on this Trust Fund.
8. Please confirm your understanding to the foregoing, on behalf of the Donor, by signing, dating, and returning to us one of the enclosed originals of this Amendment. Upon receipt by the Bank of the original of this Amendment countersigned by you, this Amendment will become effective as of the countersignature.
Sincerely,
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION
/s/ Pankaj Gupta
Acting Director
Finance, Economics and Urban Development Department
Sustainable Development Network
CONFIRMED AND AGREED:
DEPARTMENT OF FOREIGN AFFAIRS AND TRADE OF IRELAND
BY: /s/ Feilim McLaughlin DATE: December 7, 2011
Mr. Feilim McLaughlin
Director
Emergency and Recovery Section