ObjectivesPeacebuilding Fund Objectives
Fund scope
As per its Terms of Reference, the Peacebuilding Fund may invest in four priority areas:
- Implementation of peace agreements;
- Dialogue and coexistence;
- Peace dividends and socioeconomic recovery and;
- Re-establishment of basic services
Furthermore, its Investment Plan 2020-2024 calls for increased investments through three priority windows:
- Facilitating transition of UN configurations;
- Youth and women empowerment and;
- Cross border and regional programming
Established in 2005 by the General Assembly (resolution A/60/180) and the Security Council (S/RES/1645-2005) the Fund supports national and regional priorities to sustain peace in countries at risk of or affected by violent conflict. Arrangements for the PBF are outlined in the Secretary-General’s report on Arrangements for Establishing the Peacebuilding Fund.
The Fund supports the implementation of the twin resolutions adopted in 2016 on the review of the peacebuilding architecture (Assembly resolution 70/262 and Council resolution 2282) including through: support for increased UN coherence (through joint analysis, development of strategies and programmatic interventions funded by PBF), emphasis on closer partnerships with CSOs (including by opening up the Fund to direct support to eligible CSOs), focus on inclusivity (by consideration of all vulnerabilities through conflict analysis and a specific programmatic focus on women’s and youth’s empowerment), emphasis on promoting and supporting national priorities and ownership (including through alignment to national strategies, encouraging joint steering committees and through procedures ensuring formal buy-in of Government for all projects) and, finally, support to agreed priorities, in line with PBF’s approved Priority Areas, in contexts spanning before, during and after the end of conflict.
Funds are channeled through two facilities: the Immediate Response Facility (IRF) where any country is eligible for project of up to 18 months, and the Peacebuilding and Recovery Facility (PRF) for countries declared eligible by the Secretary-General following a request from the Head of State or Government for projects of up to 36 months. Eligibility when granted is valid for 5 years.
The PBF complements the work of the two other primary funds of the Secretary General: the Central Emergency Response Fund (CERF), which finances life-saving humanitarian assistance initiatives, and the Joint SDG Fund, which helps countries deliver on the Sustainable Development Goals through catalyzing integrated, transformative policy change and innovative financial investment.
Strategic and results framework
The PBF provides support in accordance with its niche added value including through continuous innovative approaches, and inclusive/ collaborative peacebuilding approaches, conflict sensitivity and prioritisation. The PBF is the UN Secretary-General’s only dedicated peacebuilding resource within the UN system. Its mandate is to sustain peace through coherent support that brings development, diplomatic and security actors together behind joint peacebuilding objectives. It addresses a ‘market failure’ in the UN and international donor system by providing timely, flexible, catalytic and risk-tolerant finance. The PBF features strongly in the SG’s priorities and reform agenda as an instrument dedicated to recovery from violent conflict and to engage increasingly before conflict, acting as a hinge to various parts of the UN political, development and humanitarian system.