UNCTAD led UN Inter-Agency Cluster Multi-Donor Trust Fund: preparing for the launch
27 July 2016
U14

​Pooled funding mechanisms such as the UN Inter-Agency Cluster Multi-Donor Trust Fund perceived as the way to go in the context of the Delivering as One.



Part of UNCTAD 14, the Information session on the Multi-Donor Trust Fund for the United Nations Inter-Agency Cluster on Trade and Productive Capacity was the second such event following a similar session organized in Geneva on 24 May 2016.

UNCTAD's Deputy Secretary-General Reiter opened the Meeting followed by interventions from the Executive Director of ITC, Deputy Director General of the WTO, Assistant Director-General of FAO, Director Division of Technology, Industry and Economics of UNEP and Deputy Director-General for Field Operations & Partnerships of ILO.

During the meeting, it was recalled that the United Nations Inter-Agency Cluster on Trade and Productive Capacity officially launched by the UN Secretary General in April 2008 during UNCTAD XII Ministerial Conference has become over the years an essential mechanism to ensure that trade and development issues be effectively addressed in the UN system-wide coherence process "Delivering as One".

In view of the 2030 Agenda for Sustainable Development, an optimized articulation between joint analysis and joint policy recommendations and their effective translation through joint programmes at the country level will lead to increased legitimacy to meet the pressing needs of governments on priority themes - such as trade and employment - which require comprehensive solutions.

The Session included the views from:
  • The national partners and beneficiaries
  • The United Nations Resident Coordinator System represented by the United Nations Resident Coordinator of Rwanda
  • The UN Inter-Agency Cluster member agencies
  • Donors represented by Switzerland

The meeting stressed that too many countries have not been able to benefit sufficiently from global economic integration and the intensification of trade and investment flows. Their economic and development gap widened with those economies that succeeded associating economic integration with income and job creation. In many cases, the benefits from integration have been mixed and generated growth without employment or created jobs that do not support a long term pattern of poverty reduction, productivity growth and improving living conditions. Often, the fundamental unevenness in the generation of income and vulnerability in the production and export structure undermines the economic and social sustainability of their economic gains.

The challenge for developed and developing countries is now to achieve their Sustainable Development objectives, through individual and collective actions, benefitting from trade and investment integration through appropriate participation in global value chains and efficient trade facilitation support including modern partnership instruments, while taking into consideration the nature of the complex challenges that this might pose in the current economic, environmental and social context.

Considering the above, the Cluster agencies confirmed their intention to establish the Multi-donor Trust Fund this year. All Member States are cordially invited to support such fund.

 
UNCTAD led UN Inter-Agency Cluster Multi-Donor Trust Fund 
 
From left to right: Mr. Joakim Reiter, Deputy Secretary-General of UNCTAD, Ms. Ligia Noronha, Director of UNEP, Mr. Kostas Stamoulis, Assistant Director-General of FAO, Mr. Gilbert Houngbo, Deputy Director-General of ILO, Ms. Arancha González, Executive Director of ITC and Mr. Yonov Frederick Agah, Deputy Director General of WTO
 


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