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The Multi-Partner Trust Fund Office is a UN center of expertise on pooled financing mechanisms.

It supports development effectiveness and UN coordination through the efficient, accountable and transparent design and administration of innovative pooled financing mechanisms. For more information, consult the MPTF Office Gateway and publications.

News
6 Jul 2020

PRESS RELEASE

Today, the UN’s Joint SDG Fund announces a historical $US60 million grant to close the SDG financing gap.  The multi-year commitment, with an initial disbursement of $29 million being released this month, is considered the largest systemic UN led initiative on SDG financing in its history. With funding to be distributed across all continents, 40% will invest in Least Developed Countries and ten initiatives are to be implemented in Small Island Developing States.

“We have a historic opportunity to advocate for change, to curb inequalities and to invest in building resilience and sustainable development,” stated Deputy Secretary-General Amina Mohammed at the recent SIDA Development Talks, Building back better – Finance and Development Leaders in Joint Ajuction[i].

The Joint SDG Fund is committed to supporting a coherent and cohesive UN system.  The investments in 62 Joint Programmes will offer pragmatic solutions, all assessed as relevant in the context of the COVID-19 crisis: from addressing  reduced fiscal space to align with the SDGs amidst COVID-19 recovery and financial planning to co-creating a new generation of risk-sensitive and responsive Integrated National Financing Frameworks. The results of the investment in SDG financing interventions will begin to materialize in the first quarter of 2021.  

In March 2020, the Joint SDG Fund received 258 proposals to support SDG financing interventions in over 100 countries. The proposals were submitted to co-create a Sustainable Development Goal (SDG) financing architecture at the national level and support countries by integrating the SDGs across national public financial systems and more effective public-private collaboration, ensuring that no one is left behind.

Mongolia’s Minister of Finance, Khurelbaatar commented, "The approval of the Joint Programme marks an important milestone in Mongolia's sustainable finance journey. The programme aims to catalyze more financial flows to deliver on the newly approved ambitious Vision-2050 by implementing several reforms that ensure better governance, coordination, and monitoring of integrated national SDG financing strategies. These strategies will also contribute to shaping a post-crisis future for Mongolia - one that is more resilient, inclusive, and ensuring gender equality. We highly appreciate the UN's timely support and partnership on this important initiative that will inspire local, regional and global stakeholders."

The current health and economic crisis are a unique opportunity to make the world more inclusive and sustainable and this unique opportunity will not end here.  The Joint SDG Fund will announce the results of the selection of Component 2, through the funding of catalytic investments able to mobilize financing at scale, in July 2020. This will give more countries an even greater opportunity to recover better.

With sincere appreciation for the contributions from the European Union and Government of Denmark, Germany, Ireland, Luxembourg, Monaco, Kingdom of Netherlands, Norway, Portugal, Spain, Sweden, Swiss Agency for Development and Cooperation and the Private Sector funding, all continents will receive the historic opportunity to build back better.

Learn more: SDG Financing portfolio.


26 Jun 2020

New York, 26 June, 2020 - The United Nations (UN) Deputy Secretary-General Amina Mohammed convened and opened the Recover Better Together Action Forum this morning. Over 300 participants, 40 speakers, including Ministers of Finance, International Cooperation and Foreign Affairs, ambassadors and partners from the private sector and civil society shared their experience in dealing with the socio-economic effects of COVID-19 and committed to recover better from the crisis. Heads of UN agencies, funds and programmes and Resident Coordinators leading the UN’s COVID-19 response and recovery on the ground also articulated the UN’s offer across different dimensions of the COVID-19 response and shared early results of the UN’s work with national and local authorities to protect lives and livelihoods.


27 Apr 2020

NEW YORK, 27 APRIL 2020—Supporting the UN Secretary-General’s call for solidarity and urgent action in response to the socio-economic impacts of COVID-19, an initial group of prominent women today joined a global advocacy effort to save lives and protect livelihoods, urging leaders in all countries, across all sectors, to address the human crisis of the pandemic.

Convened by UN Deputy Secretary-General Amina Mohammed, Rise for All brings together women leaders to mobilize support for the UN roadmap to tackle the development emergency, as laid out in the United Nations Framework for the immediate socio-economic response to COVID-19: Shared responsibility, global solidarity and urgent action for people in need, issued today.

“Like no other time in recent history, women are on the frontlines of COVID-19 and bearing the brunt of this human crisis,” said the UN Deputy Secretary-General. “It is time for us to rise as women leaders, taking action to conquer the pandemic and come out stronger so as to keep the world on track to achieve the Sustainable Development Goals by 2030.”

The first to join this cohort today are the President of Ethiopia, Sahle-Work Zewde, the Prime Minister of Norway and Sustainable Development Goals Advocate of the Secretary-General, Erna Solberg, Sustainable Development Goals Advocate of the Secretary-General Her Highness Sheikha Moza bint Nasser, the Prime Minister of Barbados, Mia Mottley, Sustainable Development Goals Advocate of the Secretary-General Dia Mirza, UN Women Goodwill Ambassador of Pakistan Muniba Mazari, along with the Executive Directors of UNICEF, Henrietta Fore, of UN Women, Phumzile Mlambo-Ngcuka, and of UNFPA, Natalia Kanem.

Together, the women are supporting the United Nations’ call for an extraordinary scale-up of international support and political commitment to “build back better” and ensure that people everywhere have access to essential services and social protection. This includes support for the UN COVID-19 Response and Recovery Fund, an inter-agency mechanism designed to help those countries and people most exposed to the economic hardship and social disruption the pandemic has caused.

The Fund aims to mobilize US$1 billion over the first nine months, and US$2 billion over two years, to support low- and middle-income countries, including Small Island Developing States and vulnerable groups such as women and children who are disproportionately bearing the socio-economic impacts of the pandemic.
  
The Netherlands today announced an initial contribution 15 million Euros (US$16.6 million) to the Fund, following in the footsteps of Norway and Denmark, who have thus far pledged 150 million Norwegian Krone (US$14.1 million) and 50 million Danish Krone (US$7.3 million), respectively.
Over the coming weeks, more women leaders, including from the political, multilateral and business sectors, are expected to join Rise for All, adding their voices in support of the United Nations roadmap for social and economic recovery, and to advocate a fully funded COVID-19 Response and Recovery Fund.

For more information visit: Rise for All.


1 Apr 2020

New Yor, 31 March - António Guterres, Secretary-General of the United Nations, announced today the establishment of a multi-donor trust fund to help countries stop coronavirus transmission and protect the most vulnerable from the devastating socio-economic impacts of the pandemic.

Faced with a global crisis unprecedented in the 75-year history of the United Nations, the UN COVID-19 Multi-Partner Trust Fund will prioritize three critical areas of action as called for by the Secretary-General - stop the outbreak; protect the vulnerable; and build resiliency. It is anticipated that the Fund will require of $1 billion US dollars in the first 9 months.

“COVID-19 is the greatest test that we have faced together since the formation of the United Nations,” said António Guterres, Secretary-General of the United Nations. “This human crisis demands coordinated, decisive, inclusive and innovative policy action from the world’s leading economies – and maximum financial and techni­cal support for the poorest and most vulnerable people and countries.”

The Fund was presented alongside a new UN report on responding to the socio-economic impacts of COVID-19. The Fund will focus on ending COVID-19 transmission while also addressing the pandemic’s devastating impacts on those most vulnerable to the types of economic shocks and social disruption coronavirus is creating. It will also seek to help countries to build back better, so they are more resilient and better prepared to cope with future health crises.

To meet these objectives, the Fund in close collaboration with national governments, will leverage the complementary expertise and resources of various UN Agencies linking them to private sector resources and magnifying civil society’s reach. “UN Resident Coordinators worldwide will be the drivers of the UN response on the ground, ensuring that the wide and diverse expertise and assets of the United Nations system are used in the most efficient and effective way to support countries”, noted Guterres.

Some governments have already expressed demand for this global instrument under the trusteeship of the UN and leadership of its Secretary-General. For example, Norway’s Minister of Foreign Affairs, Ine Eriksen Søreide had said that, a multi-donor trust fund “will provide predictability for our partners and help to make the efforts more effective.” And added that, “it is important to fight the virus all across the world. To succeed, all countries and organisations will have to work together. Norway is ready to contribute to the fund. We encourage other countries to do the same, so that the UN is well equipped to take the lead in coordinating our global response.”

The UN COVID-19 MPTF will be modelled on the successful UN Ebola Response MPTFwhich helped countries end and recover from the 2014 West African Ebola outbreak. Its funding will complement the World Health Organization (WHO)’s Strategic Preparedness and Response Plan and the UN Office for the Coordination of Humanitarian Affairs (OCHA)’s Consolidated Global Humanitarian Appeal for COVID-19.

The fund will provide rapid resource allocation and will allow governments, private sector and international financial institutions to pool resources. The Fund will work the authority and leadership of the UN Secretary-General and the UNDP’s Multi-Partner Trust Fund Office, the UN office specialized in this type of UN financing vehicles, will act as a trustee. Resources will be allocated to UN Agencies that will bring their specific mandates, operational strengths, programmatic offers and existing procedures and put into place integrated responses. A robust results-based-management will enable monitoring of the fund’s contribution to the coronavirus response and real-time information on contributions and activities approved will be available online.


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