ABOUT THE FUND

Montenegro SDG Acceleration Fund is an innovative financial tool for partners' support to the country in fulfilling obligations from the "last mile" (social progress, climate change, leave no one behind) to achieve SDGs and support accession to the European Union.

Click here to learn more about the Fund: Scope, Management, Objectives, Contributors...

Objective and Purpose

As a new generation of financial tools designed to pool donor funds and direct them towards development initiatives, the Fund is designed to support integrated and coherent resource mobilization, centralized and transparent channeling of funds to promote the development and implementation of integrated activities aimed at meeting the Sustainable Development Goals and accelerating the accession process EU.

Management of the Fund

The Fund is managed by the Joint Country Steering Committee. This body also provides an oversight role for the implementation of the UN Cooperation Framework 2023-2027.

It is co-chaired by the UN Resident Coordinator and the Minister of Foreign Affairs.

Joint Country Steering Committee is the best placed entity to manage the Fund because it ensures that interventions are in line with national priorities, strategic areas of Cooperation

Framework and ensures national ownership that, further, contributes to sustainability of the interventions financed by the Fund.

Administration of the Fund

The Fund is administered by the Multi-Purpose Trust Fund (MPTF). MPTF is well-known UN pooled funding mechanism that enables global standards for transparency in reporting.

The Fund welcomes contributions from a broad range of partners – public, private, multilateral and bilateral funding sources. The Fund has a preference in fundraising non-earmarked or lightly earmarked contributions that will help UN System to ensure effectiveness and timeliness of interventions supported through the Fund.

Want to contribute to the sustainable development of Montenegro?

Click here to donate