Multi-Donor Trust Fund

Multi-Donor Trust FundThe Multi-donor Trust Fund for Trade and Development (MDTF-TD) is a multilateral Aid for Trade trust fund managed by the World Bank with the contribution of the governments of Finland, Norway, Sweden, and the United Kingdom.

MDTF is to support developing countries’ access to trade on a national, regional and global level and contribute to a final goal of poverty reduction and sustainable economic growth. It converges low-income countries (middle-income countries can also be considered for projects whose implementation would constitute a positive externality for neighboring countries or at a regional level). The Fund works on a wide set of topics, including trade policy and facilitation, export competitiveness and the identification of barriers to international trade. Particular attention is given to initiatives that include private sector development, climate change-related issues and the mainstreaming of gender.

European Union (EU)

 European Union (EU)The EU and its Member States have once again been confirmed as the largest provider of Aid for Trade in the world, despite the current economic crisis, according to a new monitoring report presented by the European Commission today. In fact, the EU accounted for around a third of total worldwide Aid for Trade in 2010; maintaining the all-time high registered the year before and totalling some €10.7 billion committed.

On Trade Related Assistance, the EU and its Member States had already met their €2 billion target, committed in the 2007's EU Aid for Trade Strategy, both in 2008 and in 2009. Aid for Trade helps countries to develop trade strategies, build trade-related infrastructure and improve their productive capacity in order to encourage growth and reduce poverty. Activities include helping countries to build their capacity to trade, through training and technical cooperation such as supporting national trade priorities, adjusting legislation on trade and providing technical assistance for studies on trade-related subjects. The report shows that total Trade Related Assistance reached €2.6 billion in 2010 and the EU and its Member States remain the biggest providers; making up 60% of global commitments. Sub-Saharan Africa continues to be the main beneficiary of EU Aid for Trade.

DANIDA

DANIDAThe Danish International Development Agency (DANIDA) is the official development cooperation agency of the Government of Denmark under the Danish Ministry of Foreign Affairs. The Danish Development Policy focuses upon eradication of poverty and ensuring sustainable development.

It works in select countries referred to as programme / partner countries and provides support to NGOs as well as governmental agencies. DANIDA has been providing aid mostly to Africa in the recent years. Other areas of development include social and economic development, human rights, democratization and good governance, stability, security and the fight against terrorism, refugees, humanitarian assistance and environment. It has also launched the “Strategy for Denmark’s Support to the International Fight against HIV/AIDS. The programs are managed locally through the Danish missions in the countries of implementation.

UNIDO

UNIDOThe United Nations Industrial Development Organization (UNIDO) is a specialized agency of the United Nations. Its mandate is to promote and accelerate sustainable industrial development in developing countries and economies in transition, and work towards improving living conditions in the world's poorest countries by drawing on its combined global resources and expertise.

In recent years, UNIDO has assumed an enhanced role in the global development agenda by focusing its activities on poverty reduction, inclusive globalization and environmental sustainability. Its services are based on two core functions: as a global forum, we generate and disseminate industry-related knowledge; as a technical cooperation agency, we provide technical support and implement projects.

The EIF

THE EIF The Enhanced Integrated Framework (EIF) is a multi-donor programme, which supports LDCs to be more active players in the global trading system by helping them tackle supply-side constraints to trade. In this way, the programme works towards a wider goal of promoting economic growth and sustainable development and helping to lift more people out of poverty.

The programme is currently helping 46 LDCs worldwide and two recently graduated countries, supported by a multi-donor trust fund, the EIF Trust Fund, with contributions from 23 donors. EIF graduating LDCs can also continue to access EIF funding for an additional three years after they graduate. A high-level pledging event in 2007 set a funding target of US$250 million over five years – and both additional and ongoing contributions are being sought.