Lebanon Recovery Fund (LRF)

Participating UN Organizations

Memorandum of Understanding | List of Participating UN Organizations

Under the pass-through fund management modality that is utilized by the Lebanon Recovery Fund (LRF), United Nations organizations that formulate project proposals to be submitted for funding under the LRF are required to sign the Memorandum of Understanding (MOU) with the United Nations Development Programme (UNDP) as Administrative Agent of the LRF. The MOU sets out the duties and responsibilities of each party. The entities that sign the MOU are referred to as "Participating UN Organizations".

Each Participating UN Organization assumes full programmatic and financial accountability for the LRF funds disbursed to it by the Administrative Agent and for the implementation of the project, and provides financial and narrative progress reports on its activities, as described in the MOU.

Each Participating UN Organization will recover indirect costs in accordance with its own financial regulations and rules and as documented in the MOU signed with the Administrative Agent. The rate of recovery may vary between Participating UN Organization, but is generally between five and nine percent, with an average of seven percent.

Participating UN Organizations have established mechanisms to execute and implement projects through national authorities and other national, regional or international organizations, such as non-governmental organizations (NGOs). These Implementing Organizations receive funds through one of the Participating UN Organizations that assumes financial and programmatic accountability, using their respective standard arrangements and procedures for transferring funds to Implementing Organizations.

The following Participating UN Organizations have signed an MOU with UNDP as Administrative Agent for the LRF:

	Food and Agriculture Organization (FAO)			International Labour Organization (ILO)
	United Nations Development Programme (UNDP)			United Nations Environment Programme (UNEP)
	United Nations Educational, Scientific and Cultural Organisation (UNESCO)			United Nations Population Fund (UNFPA)
	UN Humans Settlement Programme (UN Habitat)			United Nations High Commissioner for Refugees (UNHCR)
	United Nations Children's Fund (UNICEF)			United Nations Industrial Development Organisation (UNIDO)
	United Nations Development Fund for Women (UNIFEM)			United Nations Office for Project Services (UNOPS)