Montenegro SDG Acceleration Fund 

Objectives

Fund scope

An upper middle-income country and member of NATO, Montenegro, became independent in 2006 and has been a candidate for European Union membership since that time. Despite socioeconomic and political progress, however, the country is approaching the end of a transition to a functioning market economy and facing challenges like an ageing population, high levels of out-migration, and a declining fertility rate. Governance and institutional gaps hinder necessary reforms as slow institutional progress leads to partial policy implementation, public sector inefficiencies, and concentrated ownership of business activities. Insufficient cross-sector cooperation, coordination and accountability, and data gaps further weak links between policy/program and budget planning when implementing reforms. Moreover, the undiversified economy has led to latent productivity constrained by limited governance for innovation and productive transformation. All these things prevent stakeholders from driving the 2030 Agenda forward.

Montenegro needs to deliver on last mile development to transform the country for residents and European Union membership. This requires significant action in implementing the 2030 Agenda for Sustainable Development as an instrument to improve social progress, halt climate change and deliver on the promise to leave no one behind. The Montenegro SDG Acceleration Fund is an innovative instrument to bridge these gaps, designed by stakeholders to address development challenges in a coordinated and synergetic ways.   

Fund partners rally with organizations from the United Nations development system (UNDS) in supporting processes that propel sustainable development in Montenegro, as well as for European Union accession.   Catalytic support is channeled to priority areas in line with the National Strategy for Sustainable Development, Programme of Accession of Montenegro to the European Union, and forthcoming UN Sustainable Development Cooperation Framework (UNSDCF) for 2023-2027.    

Theory of change  

Fund stakeholders help leverage the position of the United Nations in Montenegro to design and implement transformative interventions. Thematically, the Fund revolves around new areas outlined in the UNSDCF for 2023-2027:

• Inclusive economic development and environmental sustainability.
• Human capital development, reducing vulnerability, social inclusion.
• Social cohesion, people-centred governance, rule of law and human rights.    

The theory of change for the Fund IF we create a common platform for value-based convening of strategic partners, and IF we establish a space for deliberations on and formulation of interventions that accelerate implementation of the UN Sustainable Development Cooperation Framework, and, through that angle support implementation of the National Strategy for Sustainable Development until 2030 and the Montenegrin Programme of Accession to the European Union, and IF we create more opportunities and means for the UN Organisations to jointly address complex development and humanitarian challenges, THEN we will strategically address the priority development needs of Montenegro, fill critical development gaps and be in position to provide holistic and advanced support to the people in Montenegro that closes the “last mile” in transforming society towards European Union membership and achievement of SDGs.

Because Montenegro lacks a nimble financing and coordination mechanism that can address contemporary and ever-changing development challenges, the modality of pooled funding is used given its reputation as a successful financing tool in development and humanitarian contexts. The Montenegro SDG Acceleration Fund finances strategic interventions related to the 2030 Agenda for Sustainable Development and European Union accession process in ways that strengthen the implementation of country-level United Nations reform.

Stakeholders support integrated and coherent resource mobilization through the centralized and transparent allocation of resources for strategic interventions that propel sustainable development. Financing supports the development and implementation of integrated activities that meet the SDGs, advance the European Union accession process and support UNSDCF 2023-2027 implementation. United Nations gender and human rights policies and principles are embedded in Fund action from inception to operations and governance.   

Governance

Governance arrangements

Joint Steering Committee

Members bear the overall responsibility for management of the Montenegro Acceleration Fund. It is responsible for leadership, strategic direction, and decisions on eligibility, allocation and other managerial and oversight aspects of the Fund.    

Advisory Body  

This body is platform for discussion where members work towards enhancing the quality and impact of the Montenegro Acceleration Fund and advising the Joint Steering Committee on key decisions. The Advisory body comprises well-known and independent experts, and is gender and age balanced.    

Secretariat  

This function is embedded withing the Office of the United Nations Resident Coordinator, who closely liaises with the Division for the United Nations in the Ministry of Foreign Affairs and the Administrative Agent. The Secretariat supports the Steering Committee and partners in programme coordination, programming cycle management, monitoring, and provision of technical, operational, and administrative support, including the consolidation of narrative reports.      

Contributors  

The Montenegro Acceleration Fund can be financed through contributions from the government, bilateral or multilateral donors, private sector, and International Financial Institutions.    

Participating Organizations  

Participating United Nations Organizations develop project/programme proposals, and report on implementation and financial performance to the Steering Committee through the Secretariat and Administrative Agent. Organizations establish mechanisms to implement activities through national authorities and other national, regional, and international organizations and local NGOs.    

Administrative Agent  

Recipient Organizations receive funds through the Administrative Agent, the MPTF Office. The Administrative Agent is responsible for the receipt, administration and management of contributions from donors, disbursement of funds to Recipient Organizations, and consolidation and dissemination of progress reports to donors.      

Projects

Montenegro SDG Acceleration Fund

Montenegro SDG Acceleration Fund is currently supporting count_projects ongoing projectscount_globalInterregional and count_countries country-specific. This table shows the most recently approved ongoing projects.

All project financial information can be found in the Financials section, including delivery analysis by organization, theme and project; project financial status by country and by theme.

Montenegro SDG Acceleration Fund

Results

Stakeholders achieve results by addressing three areas for SDG achievement and European Union ascension: Closing governance and institutional gaps, completing the transition to a market economy, and securing development financing to accelerate the 2030 Agenda and leave no one behind.

Contacts

Points of contact