; and (2) actions and activities undertaken by international public institutions and publicly and privately funded organizations and initiatives. (d) Requirement for consultation In advocating for the establishment of a Trust Fund pursuant to subsection (b), the United States Executive Director of the World Bank Group shall consult with the appropriate congressional committees about the establishment of the Trust Fund, including on the elements and requirements associated with the plans, programs, and actions that are eligible for funding, and plans to ensure funding is prioritized for countries that are the most vulnerable to epidemic and pandemic threats. 213. Sense of Congress on the United States International Development Finance Corporation It is the sense of Congress as follows: (1) The COVID–19 pandemic is causing a global economic recession as evidenced by, but not limited to, the following global economic indicators: (A) The United Nations Conference on Trade and Development estimates that the economic uncertainty associated with the COVID–19 pandemic will likely cost the global economy at least $1,000,000,000,000 in 2020. (B) Global markets have suffered losses ranging between 5 percent and over 10 percent since the beginning of the pandemic. (C) African finance ministers recently announced that the continent will need at least a $100,000,000,000 stimulus package, including the suspension of debt service payments. (2) Even when markets begin to recover in the future, access to capital will likely be especially challenging for developing countries, which likely also will be struggling with the containment of and recovery from COVID–19. (3) Economic uncertainty and inability of individuals and households to generate income is a major driver of political instability and social discord, which creates conditions for insecurity. (4) It is in the security and economic interests of the United States to assist in the economic recovery of developing countries that are made more vulnerable and unstable from both