UNDP Multi-Donor Trust Fund (MDTF) Office GATEWAY LaunchSep 2, 2010
Remarks by Rebeca Grynspan, UNDP Associate Administrator
Thursday, 2 September 2010, 1:15 to 2:15 p.m.
Members of the Executive Board,
Colleagues and Friends,
I would like to welcome members of the Executive Board and other distinguished guests to the Official Launch of the UNDP Multi-Donor Trust Fund Office GATEWAY.
I will make some initial introductory remarks and will then ask Akiko Yuge, Assistant Administrator and Director of the Bureau of Management, and Bisrat Aklilu, Executive Coordinator of the MDTF Office to make a brief presentation.
Background to the MDTF Office
By way of introduction, let me say that Multi-Donor Trust Funds have become an important financing tool to channel funds to support the achievement of national and global agreed goals and priorities within a strategic framework, such as MDGs, Climate Change, Humanitarian Relief, Recovery, Reconstruction and Development activities.
To this end, the Multi-Donor Trust Funds and pooled funds promote aid effectiveness by:
- Promoting the predictable, coordinated and effective support to nationally owned development processes, utilizing within the UN, the specialized expertise and comparative advantages of various UN Organizations, as well as the competencies of the UN and the World Bank;
- Strengthening national ownership by providing a tool to increase untied funding for national authorities directed at nationally determined priorities;
- Reducing costs relating to resource mobilization, administration, communication, and coordination for national governments, donors, and UN agencies; and
- Supporting the interaction between donors and transitional authorities that may not yet have full national legitimacy.
A general consensus on these benefits has been reached as a result of several independent evaluations undertaken on the UN MDTFs – such as the UNDG Iraq Trust Fund, the Peacebuilding Fund, the One UN Pilot ‘Delivering-as-One’ Funds, and the Common Humanitarian Funds.
In particular, through the services of the Multi-Donor Trust Fund Office, UNDP is actively supporting the principles embodied in the Aid Effectiveness Agenda and the United Nations Reform initiative of “Delivering as One”.
UNDP established the Multi-Donor Trust Fund Office in 2006 building on the successful operations of the UNDG Iraq Trust Fund which has been operating since 2004.
Over the years, the office has become the de facto fund administrator for the entire UN system, with a total portfolio of more than $4.5 billion financing over 30 UN humanitarian, transition, reconstruction, and development operations.
The MDTF Office currently serves 40 UN entities operating in 81 developing countries and receives contributions from 66 development partners – which include both developed and developing countries.
Let me also highlight that, most recently, the UNDP MDTF Office was appointed by the Government of Ecuador to administer its groundbreaking Ecuador Yasuní ITT Trust Fund – the first National Trust Fund that addresses the interlinked objectives of Climate Change and Sustainable Development. Just last month, I myself signed this historic agreement with Ecuador’s Foreign Minister Ricardo Patiño and the Minister of the Patrimony Maria Ida Espinoza.
The MDTF Office GATEWAY
Today we are launching the MDTF Office GATEWAY, a practical illustration of innovative ways to provide transparency and accountability.
The GATEWAY is a “transparency-project”. It provides financial data in real time to stakeholders and the public. The information comes straight from the UNDP’s accounting system (ATLAS).
Public real-time data sharing is used in several private industries, but is relatively new (in the UN system). The GATEWAY is a concrete response to the request of Donors, National Partners and even the UN for more timely information and data.
In addition, the GATEWAY is designed to facilitate knowledge management by providing access to a growing number of progress reports and related documents uploaded straight by the users in the field offices.
I am pleased to give the floor to Akiko Yuge for her presentation.