Supporting longer term development in crises at the nexus: Lessons from Somalia: Appendix 2
Key financing mechanisms and frameworks
DownloadsUN Multi Partner Trust Fund Flexible instrument
Established | Aim | Donors | Numbers |
---|---|---|---|
2014 | Fund programmatic and operational work according to priorities identified under peacebuilding and state-building goals of the Somali Compact | Denmark, EU, Finland, Germany, Italy, Netherlands, Norway, Sweden, Switzerland, UK, UN Peacebuilding Fund, USA | Cumulative source of funds as of 31 December 2019: US$354,173,389 |
World Bank Multi-Partner Fund (MPF)
Established | Aim | Donors | Numbers |
---|---|---|---|
2014 | Support development of Somalia with a focus on core state functions and socioeconomic recovery | Denmark, EU, Finland, Germany, Italy, Norway, Sweden, Switzerland, UK, USA, World Bank State and Peacebuilding Fund | Total contributions from donors: US$447 million |
African Development Bank (AfDB) Somali Infrastructure Fund (SIF)
Established | Aim | Donors | Numbers |
---|---|---|---|
2016 | Support and accelerate Somalia’s inclusive and sustainable economic recovery, peace and state-building within the AfDB’s Strategy for Addressing Fragility and Building Resilience in Africa (2014– 2019); with focus on rehabilitation and development of infrastructure and related skills development and institutional capacity building | EU, Islamic Development Bank, Italy, UK | Total contributions from donors: US$60.5 million |
Somaliland Development Fund
Established | Aim | Donors | Numbers |
---|---|---|---|
2013 (Phase 1: 2013–2018; phase 2: 2018–2023) | Phase 2: inclusive economic development for the people of Somaliland | Denmark, the Netherlands and UK | Total budget for phase 2: US$38 million |
UN Peacebuilding Fund
Established | Aim | Donors | Numbers |
---|---|---|---|
2006 | Support countries emerging from or at risk of conflict, to address critical gaps in the process, to support peacebuilding activities contributing to post-conflict stabilisation | Denmark, Sweden, Netherlands, Norway, EU, Germany, UK | Approved US$191 million of investments in 2019 |
Somalia Stability Fund
Established | Aim | Donors | Numbers |
---|---|---|---|
2012 | Enhance government legitimacy and reduce political and communal conflict, supporting decentralised decision-making, to strengthen local governance | UK, Denmark, Sweden, Netherlands, Norway, EU, Germany | Total funds from donors to date (08/12/2020): US$ 49,214,944 |