Multi-Actor Global Funds: New Tools to Address Urgent Global Problems

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractMultiactor global funds (MGFs) are emerging as important new mechanisms for the financing of development and other global priorities. MGFs like the Global Fund for AIDS, Tuberculosis and Malaria are distinctive because they are administered and financed by multiactor coalitions of governments, international organizations, the private sector and civil society, they operate independently of any one institution and are tied to particular issue or policy areas. This paper considers the desirability of MGFs as instruments for international financial mobilization, resource allocation and as a form of experimentation in global governance. It is argued that MGFs hold considerable promise as focal points for generating additional public and private resources to address urgent global problems and to finance global public goods. They may be more operationally nimble than traditional mechanisms and capture some of the benefits of collaboration among different actors. However, MGFs may also result in a less coherent response to global problems, duplicate existing structures and be weakly democratically accountable.

Trust Funds as a Lever of Influence at International Development Organizations

“…Using the perspective of ‘influence’, I aim to link these branches of literature and discuss the existing research on trust funds in each of them. ‘Trust funds’, as used throughout this paper, are financial vehicles established under the institutional law of the host organization (Droesse, , p. 113), which makes them different from ‘pass‐through multilaterals’, independent multilateral entities established outside the legal framework but using the implementing capacities of traditional multilateral organizations (Browne, ; Heimans, ; Isenman and Shakow, ).…”

Multi‐bi Aid in European Development Assistance: The Role of Capacity Constraints and Member State Politics

“…As mentioned above, this happens primarily in the context of large multi‐donor trust funds, namely the global funds. Global funds are legally independent multilateral institutions that address specific development sectors and that have their aid programs executed by IDOs through multi‐bi aid (Heimans, ; Isenman and Schakow, ; Reinsberg et al., ). Prominent examples of such funds with EU involvement are the Global Fund (to Fight Aids, Tuberculosis and Malaria), the Heavily Indebted Poor Countries (HIPC), the Consultative Group on International Agricultural Research (CGIAR), the Afghanistan Reconstruction Trust Fund (ARTF), or the Global Partnership on Education.…”

“…To many donors, this so‐called ‘multi‐bi aid’, which is situated somewhere in between bilateral and multilateral assistance, appears to be an ideal strategy to implement the requirements of the Paris Declaration calling for donor cooperation and harmonization (Barakat, : 108; Woods, : 394; Barakat et al., : 2f. ), and as a useful instrument to pool resources for the funding of global public goods that have received increasing attention over time (Heimans, ; IEG, ).…”

The rise of multi-bi aid and the proliferation of trust funds

“…When the international attention started shifting towards global public goods, for example, in the areas of security or climate change, trust funds also appeared as an ideal B. Mak Arvin and Byron Lew -9781783474578 Downloaded from Elgar Online at 11/14/2015 12:16:04PM via communal account means to pool resources (Heimans, 2004;IEG, 2011). Trust funds allowed groups of countries to jointly become active in areas in which they would not venture alone, and in which the IDOs administrating the funds would not be willing or, given their legal restrictions, not be allowed to engage directly (IEG, 2011: 5).…”