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Overview

The United Nations Peace and Development Trust Fund (UNPDF) provides $1,200,000 to enhance capacity for sustainable infrastructure planning and finance in El Salvador

Commitments (Constant USD, 2023)$1,200,000
Commitment Year2023Country of ActivityEl SalvadorDirect Recipient Country of IncorporationEl SalvadorSectorGovernment And Civil SocietyFlow TypeGrant

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2023
Start (planned)
May 1, 2024
End (planned)
May 1, 2027

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Cofinancing agencies

Intergovernmental Organizations

  • United Nations (UN)
  • United Nations Environment Program (UNEP)

Receiving agencies

Government Agencies

  • Government of El Salvador

Implementing agencies

Miscellaneous Agency Types

  • UN Partnership for Action on Green Economy (PAGE)

Loan description

The United Nations Peace and Development Trust Fund (UNPDF) provides $1,200,000 to enhance capacity for sustainable infrastructure planning and finance in El Salvador

Narrative

Full Description

Project narrative

In 2016, the Chinese Government pledged to contribute $200 million to the United Nations over a ten year period. The United Nations Peace and Development Trust Fund (UNPDF) was established to channel these earmarked funds to specific projects in coordination with the UN. The UNPDF is divided into two sub-funds: The 2030 Agenda for Sustainable Development Sub-Fund and The Secretary-General's Peace and Security Sub-Fund. Approved in 2023 by UNPDF, a $1,200,000 grant under the 2030 Agenda for Sustainable Development Sub-Fund was allocated for a project to enhance capacity for infrastructure planning and mobilizing investments in El Salvador, specifically to address three areas: 1) a lack of capacity to identify and plan sustainable, resilient, inclusive, and bankable projects; 2) unstandardized guidelines at the country level (i.e., standards and accreditations) for building sustainable and resilient infrastructure; and 3) misalignment of public and private finance with sustainable infrastructure projects that are developed. In addition, the project will facilitate knowledge exchange through South-south cooperation between El Salvador and other countries with similar sustainable infrastructure objectives and challenges, including two countries that UNEP is working with, Chile and Rwanda. The project's duration is scheduled for May 2024 - May 2027. The implementing entity is the UN Environment Programme. Collaborating partners include UN Resident Coordinators and Country Teams, UN Office of Project Services, and the UN Partnership for Action on Green Economy (PAGE) partner agencies (ILO, UNDP, UNITAR, UNIDO), UNDRR, UN-HABITAT.

Staff comments

1. The UNPDF reference number for this project is PDF-SDG-2023-09. 2. The commitment date is estimated based upon the project's year of approval.