This report highlights some of the key successes supported by the PTTF in 2011 to help countries respond to the economic and financial crises, accelerate their MDG targets, implement and scale up successful local-level development innovations and policies, and strengthen trade capacity for human development.
Poverty Thematic Trust Fund (PTTF)
The Poverty Thematic Trust Fund (PTTF) is a flexible financing tool designed to fund innovative, catalytic and strategic development interventions to promote inclusive development and reduce all forms of poverty. It helps UNDP align its global, regional and country experiences and lessons around its priority thematic areas and streamline the disbursement of funds for qualified activities.
It is specifically designed to provide seed money for UNDP priority areas, new initiatives, innovative concepts or areas of cooperation between the different development themes. As such, it represents an ideal tool to meet national and regional demands, while at the same time guaranteeing enough flexibility to incorporate donor needs.
The PTTF has been a support to country, regional and global projects for poverty reduction for over a decade. The core value of this fund is to catalyze changes in the programme countries and to promote innovative approaches. The PTTF has a track record of financing innovative activities, which often substantially inform policy decision at the national or even regional level.
UNDP’s poverty reduction efforts are firmly grounded in the principles of equality, human rights and inclusion. All PTTF projects seek to make real improvements in people’s lives and in the choices and opportunities open to them.
The PTTF has three key objectives:
1- To fund innovative, catalytic and strategic development interventions at the global, regional and country levels;
2- To help UNDP align and focus its global, regional and country programmes around its priority thematic areas;
3- To allow for simplified and more rapid disbursement of funds to interventions.
The reports below highlight the substantive achievements of the projects supported by the PTTF over the past several years at the global, regional and country levels.
PTTF Annual Reports
This report highlights the substantive achievements of the projects supported by the Poverty TTF in 2010 at the global, regional and country by advocating for the MDGs, providing support to the development of MDG-based national development strategies, enhancing national and local capacities for poverty assessment and monitoring and strengthening capacities of local governments and other stakeholders for local development and MDG