![]() ![]() ![]() Our task will be to extract a coherent set of findings and recommendations from a very rich spectrum of views and experiences. We recognise, also, that consensus is not a sensible aim-which is why the policy brief will be a product of Devpolicy, not of the working group itself. We take it for granted that 17 heads are better than one. Though other organisations often use working groups to gather and test ideas, this is first time the approach has been tried by Devpolicy. The brief will also identify the most desirable high-level design features of enterprise challenge funds. By implication, it will also clarify the circumstances under which quite different approaches might be more appropriate-for example, approaches that engage the public sector, or deliver public goods beneficial for all market actors. This will attempt to clarify the circumstances under which enterprise challenge funds, in their various forms, offer strong potential to achieve sustainable development impacts. Once the meetings are done, Devpolicy will take stock and then prepare a policy brief with findings and recommendations for release in September. It will meet twice more in July and August. I chaired its first meeting, involving those pictured and others hooked in by phone from overseas, on 4 July. It comprises 17 people from around the world with a great depth of experience in the design, implementation and evaluation of such funds. It’s not yet clear what, if anything, might replace it.ĭevpolicy’s working group on enterprise challenge funds is now up and running. Australia’s Enterprise Challenge Fund for the Pacific and South East Asia is due to close later this year after what has generally been perceived as a successful six-year run. Many donors have used such funds in one form or another, including Australia. We undertook to tackle some of those questions in the course of this year, including by establishing a working group on the practice of using financial incentives to promote “inclusive” business through enterprise challenge funds. In the paper and this summary blog post, we were up-front about the fact that our work yielded more questions than answers about the merits of each form of partnership discussed. She has been seconded to the UNDP IRH in Istanbul until the end of 2020.Earlier this year Margaret Callan and I released a Devpolicy discussion paper on public-private partnerships for development which achieved wide circulation. Katarzyna Rozesłaniec from the Department of Development Cooperation at the Ministry of Foreign Affairs will be the project manager. The entities that will receive granting will have to ensure financial or in-kind contribution at 20% of the project value. to carry out a feasibility study or a pilot implementation of a product or service) will be USD 40 000. The maximum amount of funding a Polish applicant can be granted to implement a project (i.e. PCF funds will be allocated to Polish entities only (companies as well as science and research institutes) under a grant competition organised by the UNDP IRH. The transfer is to help to address complex development challenges in those countries, while taking into account the Sustainable Development Goals (SDGs). The main objective of PCF is to facilitate the transfer of Polish know-how, technology, and innovative solutions in the area of green technologies and ICT to partner countries of Polish Aid. The project aims to engage Polish companies in development activities in two priority countries of Polish Aid – Ukraine and Belarus. Pursuant to the provisions of the agreement signed on 5 December 2019 by the Ministry of Foreign Affairs and the UNDP Istanbul Regional Hub (UNDP IRH), a pilot project titled Polish Challenge Fund (PCF) has been launched. The OECD Development Assistance Committee presented Poland with recommendations in this respect as part of the 2017 edition of the so-called Peer Review, a periodic review of development assistance efforts of the OECD DAC members. ![]()
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