Resident Coordinators unlock pooled funding, in-country and globally

In 2023, Resident Coordinators steered inter-agency funds for sustainable development at country level

Pooled funds and thematic funds present significant benefits to governments by providing the funding that facilitates more coordinated and efficient approaches to programming by enabling agencies to work collectively toward a common outcome.

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US$1.7 billion

In 2023, the available resources under country-level pooled funds for sustainable development were US$1.7 billion 

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US$1.15 billion

In 2023, the available resources under global and regional pooled funds for sustainable development were US$1.15 billion

Resident Coordinators are also playing a critical role in unlocking funding and leveraging SDG financing through the Joint SDG Fund

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To date, the Fund has made US$268 million in financial commitments to 119 UN country teams across 236 joint programmes in collaboration with 31 UN entities

197m people

Accessed new or extended social benefits

325 policies

Tested and implemented within SDG financing strategies/Integrated National Financing Frameworks (INFFs)

60 instruments

Being structured for blended financing (SDG bonds, impact funds, climate facilities)

US$30m

For resilience building in 42 SIDS

US$21.4m

For 85 joint programmes to respond to the global cost-of-living crisis

US$4.9bn

In additional financing catalyzed for the SDGs

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In 2023, each dollar committed to the Joint SDG Fund mobilized an additional US$18 for advancing the SDGs, double that of 2022

Over 80% of this financial leverage stemmed from the Fund’s support for issuing SDG thematic bonds, while the other 20% was generated through the scale-up and replication of policy solutions, as well as co-financing through blended financing investments.

The Joint SDG Fund has continued to promote integrated policy and regulatory changes

Social protection enhanced in 39 countries

Resilience supported in 42 SIDS

Integrated National Financing Frameworks (INFF) for SDG financing implemented in 69 countries 

UN’s emergency response supported in over 100 countries due to the global cost-of-living crisis precipitated by the conflict in Ukraine

    Uruguay

    In Uruguay through the facilitation of the Resident Coordinator and led by the UN Industrial Development Organization (UNIDO), with the UN Development Programme (UNDP) and the UN Entity for Gender Equality and the Empowerment of Women (UN Women), every dollar from the Joint SDG Fund for renewable energy transition unlocked an additional US$3 in investments, with an ambitious target of mobilizing up to US$ 68million, in areas of green transport and related industries

    Uruguay

    Cuba

    In Cuba, the Joint SDG Fund enabled the UN Economic Commission for Latin America and the Caribbean (ECLAC) and UNDP to engage over 240 national and international experts and develop a policy roadmap and tools for financing economic development in the country. 

    Cuba

    Tunisia

    In Tunisia, through the Joint SDG Fund, the UN country team enhanced the capacity of government officials in building food systems resilience and piloted a digital system allowing vulnerable groups to directly request food assistance to local authorities

    Tunisia

    The Joint SDG Fund saw an increase in capitalization in 2023, but continues to fall well short of the annual target of US$290 million 

    US$55.9m

    Contributions to the Joint SDG Fund rose from US$20.4million in 2022 to US$55.9million in 2023

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    The annual target for the capitalization of the Joint SDG Fund is US$290 million

    In 2023, there was greater capitalization of country-level pooled funds for the SDGs

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    US$1.7bn

    Resources for country-level pooled funds for sustainable development increased of nearly US$200 million, up to US$1.7 billion in 2023

      Malaysia

      In Malaysia, the Resident Coordinator’s Office worked with the Ministry of Finance and launched a SDG Trust Fund for Cooperation Framework priorities with a financial envelope of around US$4.3million.

      Malaysia

      Tanzania

      The Resident Coordinator in Tanzania mobilized nearly US$12million from Norway for the Tanzania SDG Acceleration Fund.

      Tanzania

      Tunisia

      In Tunisia, a pooled fund for Youth and Employment has been established to support the Government’s efforts to create opportunities for decent jobs and financial autonomy.

      Tunisia

      Resident Coordinators in 57 countries also steered the design and delivery of UN country team joint programmes funded by the Peacebuilding Fund

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      US$202m

      93 new joint programmes by UN country teams were approved in 2023 by the Peacebuilding Fund, for a total of US$202 million

      In The Gambia, the UN team unlocked US$2million from the Peacebuilding Fund and launched a project led by UNDP, UNFPA and the UN Children's Fund (UNICEF) focusing on increasing the number of women in leadership positions and decision-making platforms at all levels

      Under the leadership of Resident Coordinators, UN country teams are contributing to identifying national opportunities for public and private investments

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      75%

      75% of host governments say that Resident Coordinators are contributing to identifying national opportunities for public and private investments

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      86%

      86% of Resident Coordinators indicate that they have convened a diverse group of stakeholders focused on the financing mix needed to advance the SDGs

      Continuing decline in availability of sufficient and quality funding for UN development system entities, as well as fragmented governance and business models, compounded existing challenges, as entities had to prioritize their resources and capacities as a result

      Cultural and behavior shifts are still needed by UN development system entities. However, increased earmarking in funding for UN entities weakens the collective ability and resolve to coalesce around joint planning, joint programmes and foment transformative system-wide results.

       


      The report's resource page can be found here, and the glossary here.

      To learn about the Resident Coordinator system and the Development Coordination Office visit: un-dco.org.