UNCDF niche in local development

In this context, regional highlights for the Local Development portfolio include

Reinvestments from this reduction go toward funding the Nunavut Child Benefit and the Territorial Working Family Supplement.

The strong relationships between UNCDF and national and local governments in the LDCs its ability to build upon and extend its local development programme and local development fund frameworks and methodologies its focus on building inclusive financial sectors and enhanced access to financial services and its support for emerging MFIs all suggest that UNCDF could make a meaningful contribution to capital formation and broader economic development at the local level in the LDCs.

This task is financed from gmina budgets.

(d) Sustainable management of the local natural resource base ensured by UNCDF supported local governments

2. Programme, sector, execution modality and location by source of funding, 1996 1997 and 1998 1999 7

funding sources and mechanisms to channel resources to the local, national and sub regional levels

Where those resources did not exist, they might be obtained through small local investments with the assistance of international funding institutions.

Financial savings through more rational management by local government

impact

New forms of financing could comprise a National Fund to Fight Desertification , or the promotion of funds at the local level.

In addition to the work being done by FOGUAVI, there is the Techo y Piso programme, funded by the National Peace Fund (FONAPAZ).

The United Nations Capital Development Fund (UNCDF) provided assistance to local governance in 11 least developed countries.

Moreover, several local associations of Sinti and Roma obtain local funds on a regular basis.

The third area of discrimination is the taking of risk in pursuit of new ideas for generating revenue.

However, funds for operational activities, which could have been added to the financing of development programmes at the field level, should not be used to finance the activities of the Special Coordinator.

programmes in local development and micro finance and initiate new investments.

7. South Asia sector, execution modality and location by source of funding, 1996 1997 and 1998 1999 40

Official development finance

VII. PROGRAMME AND FUNDING

A. Programmes and Funding

Stresses that regular resources, because of their untied nature, will continue to be the foundation of UNCDF programme activities and that the effectiveness of UNCDF hinges on its access to predictable and sustained multi year funding to finance its programmes in local development and microfinance

Consists of funds available for the implementation of programmes funded by general resources and supplementary funds as well as funds available for the acquisition of capital assets.

. financing assistance to the preparation of local area development programmes that respond to National Action Programmes

In response to the demand of specific LDCs for UNCDF investments in this area, UNCDF will develop and pilot a number of local economic development programmes in 2006.

(d) Increasing donor interest in co financing and providing non core resources to UNCDF local development and microfinance programmes.

10. Intercountry sector, execution modality and location by source of funding, 1996 1997 and 1998 1999 64 INTRODUCTION

Depending on availability of funds, a small number of local language versions would also be produced (USD 156,000)

The other places, there wasn't much gold to pay us a good day's wages.

(e) Enabling environment for local economic development established by UNCDF supported local governments

Programme and financial management

(iii) Programme and funding matters

Programme and Funding Matters

Second, the prospects for extending UNCDF local development programmes more deeply into local economic development activities should be evaluated.

Commit ourselves to funding multilateral initiatives and agencies in the field of sustainable development and resolve, in this regard, to successfully replenish the Global Environment Facility

Adult education may be financed from the state budget and the local budget, as well as by resources of employers, own funds of students, donations and gifts as well as other resources.

3. Sub Saharan Africa sector, execution modality and location by source of funding, 1996 1997 and 1998 1999 23

Owing to better planning and close monitoring, the percentage of unliquidated obligations compared to total programmed activities has remained relatively stable, despite a considerable increase in activities.

At the end of the year in 2004, unliquidated obligations were 91.5 million or 8.7 per cent of total programmed activity, compared to 85.3 million or 9.0 per cent in 2003, and 78.5 million or 8.6 per cent in 2002.

UNDP has been successfully mobilizing resources from GEF to help its programme countries since the facility was established.

IV. PROGRAMME AND FUNDING MATTERS

The fast growing interest in and levels of co financing for UNCDF programmes further attest to the recognized value of the UNCDF approach.

Locally raised funds from Thailand accounted for 57 per cent of the total funding received.

Headquarters and field operations are funded entirely from general purpose funds.