Projected movement of operational reserve and fund

With a projected 2004 year end fund balance at 9.21 million, the year end fund balance for 2005 is projected to reach 12.12 million.

Committing to pledge funding in a more predictable manner

As a result, based on the projected ending fund balance for 2004 of 9.21 million, the total 2005 year end cumulative fund balance is projected at 12.12 million.

The projected budgets for 2005 2009 showed that more funding was sorely needed to meet the objectives.

The availability of supplementary funds is unpredictable and impermanent.

Regular budget cash flow projection

Cash Flow Status

7 day Cash Flow Forecast

Projections are also provided in Section VI of the level of funding that may be made available under the Regular Budget in 1998.

Annex III, figures III through V show actual and forecast financial information by source of funds.

However, since they were unpredictable such resources could not replace traditional core resources.

In paragraph 267 of the report, UNDP agreed with the Board's recommendation that it prepare, monitor and evaluate short term projected cash flows for all country offices, in each currency, in an improved manner in order to anticipate future funding or investment requirements.

More predictable funding of United Nations operational activities should be pursued.

It is projected that in 2006 2007 the use of trust fund resources will decrease to 66.3 million.

16. UNICEF should improve further the accuracy of its income projections for unfunded supplementary programmes through more realistic budgeting and fund raising strategies.

Second, we need predictable funding to meet the needs of vulnerable communities.

In the most favourable projections (high scenario) there may be a further increase in special purpose funds.

This is perhaps most notable in the context of financial resources the designation of the GEF as a financial mechanism of the Convention contributes to the availability and predictability of funding, which is crucial for enabling the full scale implementation of the Convention.

The Administration informed the Board that the funds monitoring tool allowed for monitoring redeployments for the financial year 2004 05 and was to provide the 2005 06 projection by 31 December 2005.

The work programme for 2005 is based on income projections that include received funds, formally pledged funds and commitments still to be formally finalized (initial commitments).

Therefore, this approach will provide stable, predictable and growing levels of funding.

Funds monitoring tool

UNODC's monitoring and evaluation function is financed from extrabudgetary resources.

The process of projecting is much more volatile than is the case with regular budget cash.

Concerning other resources, she stated that they were unpredictable, thus UNFPA considered it prudent to base projections on a long term trend and not the amount received in a specific year.

The Officer in Charge, Resource Mobilization Branch, provided an updated UNFPA income forecast.

DECISION ON PROGRAMME AND FUNDING PROJECTIONS

For the biennium 2006 2007, under a low income projection for UNODC (base income scenario), special purpose funds would account for 73 per cent of the income projection for the Office, while general purpose funds would account for 14 per cent and the contribution from the regular budget of the United Nations would account for 13 per cent (see E CN.7 2005 12, figure I).

Table 2

The 2005 year end fund balance is forecast to be 12.12 million, building upon an expected 1 January 2005 opening balance of 9.21 million.

It recommended that, in future, consideration be given to increasing the allocation of funds for evaluation and monitoring, which could amount to 1 per cent of the budget of the Fund.

Governments in a position to do so are encouraged to strengthen the United Nations Habitat and Human Settlements Foundation by providing non earmarked, predictable funding and regular budget resources for its core programme activities.

Overall, the funds monitoring tool would be utilized to more accurately formulate budgets and increase budget implementation rates, bringing expenditures more in line with budgets.

18. Reiterates that the Office for the Coordination of Humanitarian Affairs should benefit from adequate and more predictable funding

Goldman Sachs projected 2027.

Extrabudgetary Funds

The Strategy Secretariat must therefore be strengthened and provided with secure and predictable funding.

It is not foreseen that funds will necessarily be depleted annually, but rather that a balance will be rolled over each year.

The proposal included the caveat that a proper monitoring mechanism would ensure that the funds were being used for the purposes intended.

Accordingly the clause beginning with quot including by ... quot should be eliminated.

These countries also undertook to promote the mobilization of adequate, timely and predictable financial resources, including new and additional funding from the GEF (Article 20, paragraph 2 (b)).

Ecological monitoring, natural resources mapping, remote sensing and early warning systems

Decision on programme and funding projections

Decision on programme and funding projections.