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OverviewAbout Multi-Partner Trust Funds
Supporting UN Reform
MDTFs employ major concepts, approaches and principles embodied in the Aid Effectiveness Agenda and the United Nations Reform initiative of “Delivering as One”. They constitute a flexible and efficient mechanism for mobilizing funding resources and for providing predictable funding for achieving national and global priorities such as the MDGs. As laid out in the Paris Declaration on Aid Effectiveness and the Accra Agenda for Action, MDTFs emphasize:
MDTFs have a number of key advantages, including:
MDTFs facilitate the delivery of “peace dividends” to populations that have suffered from conflict and crises. This is mostly done through the expeditious implementation of recovery and reconstruction activities. There is increasing evidence that UN MDTFs, to-date all administered by the UNDP MPTF Office, have enabled UN agencies (along with their implementation partners such as Governments and NGOs) to speedily implement agreed project/programme activities using their own financial regulations and rules.
The MPTF Office supports and promotes the “Delivering as One” mechanism that enables the effective and expedient coordination, planning and management of development activities involving varied stakeholders—national governments, donors, UN agencies and other implementing partners including the ultimate beneficiaries, the affected populations.
UNDP (on behalf of the UN Organizations) and the World Bank are administering a broad range of MDTFs. The 2008 UN World Bank Partnership Framework agreement recognizes their complementary strengths, capacities and mandates to support national authorities and their populations. It lays down guidelines for enhancing and reinforcing the effectiveness and impact of their respective MDTF operations through mutual cooperation.