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Multi-Donor Trust Fund Office Fund Management for Development Assistance UN-REDD Programme Policy Board Panama, March 9, 2009. www.undp.org/mdtf. Multi Donor Trust Fund Office is the Administrative Agent (AA). Country partners. AA. UN Agency. Donor. Country partners. UN Agency. Donor.

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Multi-Donor Trust Fund OfficeFund Management for Development AssistanceUN-REDD Programme Policy BoardPanama, March 9, 2009

www.undp.org/mdtf


Multi donor trust fund office is the administrative agent aa
Multi Donor Trust Fund Office is the Administrative Agent (AA)

Country

partners

AA

UN Agency

Donor

Country

partners

UN Agency

Donor

Country

partners

UN Agency

Country

partners


Advantages of multi donor trust funds
Advantages of Multi Donor Trust Funds (AA)

  • 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


Undp mdtf office s portfolio as of 31 dec 2008 in usd millions
UNDP MDTF Office’s Portfolio (AA)as of 31 Dec. 2008 (in USD millions)


On the role of administrative agent
On the Role of Administrative Agent (AA)

  • 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



Key pillars of undp s fund administration
Key pillars of UNDP’s Fund Administration (AA)

  • 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



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