Multi-donor trust funds
In 2012 the UN General Assembly urged Member States to enhance the flexibility and predictability of non-core contributions by giving priority to thematic and pooled financing mechanisms at global, regional and country levels.
Pooled funding mechanisms (multi-donor trust funds and stand-alone joint programmes), have brought a major shift in the financing of UN system operational activities and have enhanced their coherence, effectiveness and efficiency.
Since 2004 the ILO has received some USD 116 million from 36 pooled funds, and nearly USD 24 million in 2012-2013, committed to technical cooperation projects mainly for employment and social protection. This has been particularly advantageous in some countries where there is no ILO office and where UNDAFs, and/or ‘One UN’ Programmes include priority areas for the ILO’s tripartite constituents.
Pooled funding has also enhanced inter-agency collaboration with large funds and programmes, as well as with smaller agencies, paving the way to strengthened inter-agency operations and partnerships for decent work.