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Pooled resource mobilisation for joint programming
4. Ensuring adequate capitalisation of pooled funds and use of resource mobilisation mechanisms to incentivise and scale-up joint programming across the UN, MDBs, IMF and other partners. Pooled funds provided a means of incentivising joint programming, but they need to be properly
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capitalised to support implementation at scale. The percentage of non-core resources for development-related activities channelled by member states through interagency pooled funds has more than doubled since 2017. However, key pooled funds for interagency programming such as the Joint SDG Fund remain considerably undercapitalised.
In the context of COVID-19, this challenge was compounded by the lack of flexible funds to respond to global health emergencies, which limited progress achieved in increasing the core share of financ-
ing for development activities. Absent this more flexible funding, new funds established to address the emergency response competed with existing pooled funds for donor resources. Furthermore, existing funds were re-positioned for the emergency response, potentially undermining their original objectives. Recent changes to increase core funding for the WHO through assessed contributions will help address this challenge, but there is a continuing need to promote access to core funds that provide greater flexibility more broadly.95 A similar challenge was noted among MDBs with respect to reallocations from thematic response windows to support the COVID-19, including those meant to address vulnerable groups such as refugees, calling into question whether MDBs remain sufficiently capitalised to respond to crises.96
New resource mobilisation mechanisms such as the Pandemic Prevention, Preparedness and Response FIF could build upon good practices from the SRF and COVID-19 Response and Recovery
MPTF to incentivise joint programming. Beyond creating incentives for national investments in pandemic preparedness through mechanisms such as matching, the PPPR FIF also provides an opportunity to prioritise and incentivise proposals that bring different organisations and government ministries together to address preparedness through a whole-of-government approach.97 Country platforms could play an important role in identifying opportunities that are likely to yield the most value and promoting national ownership. This approach may not only incentivise co-ordination across a broader range of stakeholders, but could also generate implementation efficiencies and deepen technical co-ordination between national governments and trusted partners.
95 https://www.un.org/ecosoc/sites/www.un.org.ecosoc/files/files/en/qcpr/2022/Annex-FundingCompact-IndicatorsTable-Ver2b-25Apr2022.pdf 96 https://odi.org/en/insights/scaling-up-multilateral-bank-finance-for-the-covid-19-recovery/ 97 World Bank Group (2022) “ESTABLISHMENT OF A FINANCIAL INTERMEDIARY FUND FOR PANDEMIC PREVENTION,
PREPAREDNESS AND RESPONSE” https://documents1.worldbank.org/curated/en/733191656685369495/pdf/Establishment-of-a-Financial-Intermediary-Fund-for-Pandemic-Prevention-Preparedness-and-Response.pdf