Launch of the One Planet Multi-Partner Trust Fund for SDG 12
The One Planet Multi-Partner Trust Fund for SDG 12 was established at 2018’s High Level Political Forum in New York, in the context of the review of SDG 12.
The Memorandum of Understanding for the Fund was signed at the Forum by: UN Environment Programme, the Food and Agriculture Organization, the UN World Tourism Organization, UN-Habitat and the UN Office for Project Services, administered by the UN Multi-Partner Trust Fund Office. The United Nations Development Programme (UNDP) joined the fund in February 2019.
The Fund has been established as part of the launch of the new 5-year Strategy of the One Planet Network as a means to finance the strategy’s implementation, and scale up action on Goal 12 of Agenda 2030.
This new Global Fund is designed to bring Sustainable Consumption and Production implementation to the next level in terms of scale and impact. It is a pooled funding mechanism for cohesive action on Sustainable Consumption and Production implementation, bringing together the expertise of the One Planet network members and the comparative advantages of the participating UN agencies. It is designed to enhance coordination for a system-wide delivery for the implementation of SDG 12, including at national level with the UN Country Teams led by a strengthened UN Resident Coordinator system as part of the reform of the UN Development System. This will enable dedicated support to national implementation of SDG 12.
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