Lebanon Recovery Fund (LRF)

Overview

LRF Terms of Reference | Donor Contributions

The Lebanon Recovery Fund (LRF) is a Multi-Donor Trust Fund (MDTF) established at the request of the Government of Lebanon that enables donors to pool their resources and rapidly provide funding in the aftermath of the July 2006 war between Lebanon and Israel. It complements other funding mechanisms that may be used by the Government and United Nations organizations.

The LRF, as stated in its Terms of Reference, will finance priority recovery and reconstruction projects that are approved by the Government and that can be executed with the support of Participating UN Organizations within the scope and time frame of national priorities.

The LRF arrangements seek to ensure that:

• each project approved for funding is part of a Government-approved priority programme for recovery and reconstruction activities based on and formulated in consultation with concerned line ministries and beneficiary communities and, to the extent possible, donors and other stakeholders;
• the activities financed through Participating UN Organizations and are implemented, to the extent possible, directly by or in collaboration with national implementation partners, under the overall ownership and leadership of the Government, to ensure sustainable local capacities; and
• funding and implementation are undertaken with special attention to transparency and accountability as well as to ensure prompt delivery and efficient use of donor funds.

Unless otherwise agreed by the Government of Lebanon and donors, the LRF will terminate upon completion of all projects funded through the LRF and after satisfaction of all commitments and liabilities.

The LRF is administered by the Multi-Donor Trust Fund (MDTF) Office of the United Nations Development Programme (UNDP) in accordance with its financial regulations and rules.