1. Efficiency ׀ Transparency ׀ Accountability Multi-Donor Trust Fund Office Fund Management for Development Assistance UN-REDD Programme Policy Board Panama, March 9, 2009 www.undp.org/mdtf

2. Efficiency ׀ Transparency ׀ Accountability Multi Donor Trust Fund Office is the Administrative Agent (AA) Country partners Country partners Country partners Country partners UN Agency AA Donor

3. Efficiency ׀ Transparency ׀ Accountability 3 Advantages of Multi Donor Trust Funds  Established fund management platform among UN members  One single channel to receive contributions and provide reports to stakeholders  Funds nationally determined programs  Flexible, Coordinated and Predictable funding  Contributions from donors not present in the country or increased contributions from existing donors  Standard practices and procedures, including reporting – reduces transaction costs to Governments  Transparent program approval and fund allocation  Lessons learned from 22 existing MDTFs

4. Efficiency ׀ Transparency ׀ Accountability 4 UNDP MDTF Office’s Portfolio as of 31 Dec. 2008 (in USD millions)

5. Efficiency ׀ Transparency ׀ Accountability 5 On the Role of Administrative Agent  AA has no role in allocation of resources or programme/project selection  Participating UN Organizations assume full financial and programmatic accountability  Programmes implementation in accordance with Participating UN Organizations’ own Rules and Regulations

6. Efficiency ׀ Transparency ׀ Accountability 6

7. Multi-Donor Trust Fund Office Bureau of Management, UNDP www.undp.org/mdtf Thank You

8. Efficiency ׀ Transparency ׀ Accountability 8 Key pillars of UNDP’s Fund Administration Efficiency: Expeditious transfer of approved funding within 3-5 days Prompt follow-up on issues and provision of operational guidance Transparency: Full, public disclosure of all Fund operations on MDTF-O website www.undp.org/mdtf www.undp.org/mdtf Regular updates of funds received, commitments and disbursements, joint programmes approved, quarterly reports, consolidated progress reports to all stakeholders Accountability: Clear definition of roles and responsibilities of the different MDTF stakeholders Dedicated MDTF Office with functional delineation (“firewall”) of fund administration from programmatic/implementation activities Participating UN Organizations assume full financial and programmatic accountability in accordance with their own Regulations and Rules Promote accountability through implementation of UNDG management and Accountability Framework

9. Efficiency ׀ Transparency ׀ Accountability 9 MDTF Oversight Framework