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Efficiency ׀Transparency ׀Accountability Multi-Donor Trust Fund Office Fund Management for Development Assistance UN-REDD Programme Policy Board Panama, March 9, 2009 www.undp.org/mdtf Efficiency ׀Transparency ׀Accountability Multi Donor Trust Fund Office is the Administrative Agent (AA) Country partners UN Agency Country partners Donor AA UN Agency Country partners Donor UN Agency Country partners Efficiency ׀Transparency ׀Accountability Advantages of Multi Donor Trust Funds Established fund management platform among UN members One single channel to receive contributions and provide reports to stakeholders Funds nationally determined programs Flexible, Coordinated and Predictable funding Contributions from donors not present in the country or increased contributions from existing donors Standard practices and procedures, including reporting – reduces transaction costs to Governments Transparent program approval and fund allocation Lessons learned from 22 existing MDTFs 3 Efficiency ׀Transparency ׀Accountability UNDP MDTF Office’s Portfolio as of 31 Dec. 2008 (in USD millions) Total 3,791 UNDG Iraq Trust Fund 1,357 MDG Achievement Fund 733 Sudan CHF 500 DRC Pooled Fund 355 Peacebuilding Fund 318 One UN Pilot Funds 205 Sudan Recovery Fund – SS 123 Darfur CPS Fund 53 Lebanon Recovery Fund 46 UN Central Fund for Influenza 41 UN-REDD Programme 35 UNTF for Human Security 16 UN Peace Fund for Nepal 10 0 500 1000 1500 2000 2500 3000 3500 44000 Efficiency ׀Transparency ׀Accountability On the Role of Administrative Agent AA has no role in allocation of resources or programme/project selection Participating UN Organizations assume full financial and programmatic accountability Programmes implementation in accordance with Participating UN Organizations’ own Rules and Regulations 5 Efficiency ׀Transparency ׀Accountability 6 Efficiency ׀Transparency ׀Accountability Multi-Donor Trust Fund Office Bureau of Management , UNDP www.undp.org/mdtf Thank You Efficiency ׀Transparency ׀Accountability Key pillars of UNDP’s Fund Administration Efficiency: Expeditious transfer of approved funding within 3-5 days Prompt follow-up on issues and provision of operational guidance Transparency: Full, public disclosure of all Fund operations on MDTF-O website www.undp.org/mdtf Regular updates of funds received, commitments and disbursements, joint programmes approved, quarterly reports, consolidated progress reports to all stakeholders Accountability: Clear definition of roles and responsibilities of the different MDTF stakeholders Dedicated MDTF Office with functional delineation (“firewall”) of fund administration from programmatic/implementation activities Participating UN Organizations assume full financial and programmatic accountability in accordance with their own Regulations and Rules Promote accountability through implementation of UNDG management and Accountability Framework 8 Efficiency ׀Transparency ׀Accountability MDTF Oversight Framework 9