To provide competitive funding to UK and overseas-based small and medium-sized civil society organisations , to support them in contributing to the decline of poverty in a range of the poorest countries, working towards the achievement of the Millennium Development Goals (MDGs) and the post-2015 Sustainable Development Goals (SDGs).
UK Aid Connect is designed to create the form of civil society that DFID needs to meet its objectives and the form of civil society the future requires. By creating diverse coalitions to address complex, inter-dependent policy and practice challenges it answers a market gap widely recognised through the CSPR.
The key specific objectives of the TAF is to: a. Build capacity in both the public and private sector in order to facilitate the aims of the PIDG. b. Facilitate private investment and mobilise additional resources directed towards the implementation of initiatives sponsored by the PIDG Facilities. c. Promote better co-ordination in the delivery of technical assistance associated with projects sponsored by the PIDG Facilities. d. Enhance inclusion and other social development opportunities associated with projects supported by the PIDG Facilities. e. Provide post-transaction support for projects supported by the PIDG Facilities. f. Strengthen environmental sustainability of PIDG supported projects. g. Promote development or improvement of capital market systems in selected countries or regions. h. Facilitate affordability by the poor of infrastructure services provided on a commercially viable basis. ;
To support the achievement of the Global Goals through funding UK-based civil society organisations to deliver projects that assist in ending extreme poverty and building a better world by 2030. The programme will also provide opportunities for the UK public to engage in international development issues and have a say in how a portion of the aid budget is spent.
GDI's administrative and trustee role, managing funds as part of the Village Enterprise Development Impact Bond
Village Enterprise is the implementer of the Village Enterprise Development Impact Bond. Through this project, Village Enterprise will start 4,600 small businesses and train over 13,000 people living in extreme poverty in Kenya and Uganda
Intended outcomes:a) humanitarian and international development civil society organisations will have the capability to respond to changing humanitarian and development needs b) UK civil society organisations working in international development and humanitarian assistance will be part of strong and thriving networks c) Greater shared value will be achieved through collaboration and partnership between civil society organisations and other development actors d) Through their advocacy, civil society organisations will have contributed to positive change.
The Safeguarding Innovation and Engagement Programme Fund will provide targeted resources over the next two years with a focus on: (1) providing responsive expert advice and technical assistance; (2) piloting and implementing approaches to raise safeguarding standards; and (3) engaging and convening partners to drive up standards and deliver culture change across the international aid sector.
The Republic of the Philippines has made infrastructure development a national priority and has identified Public-Private Partnerships as the primary means of attracting private capital to the infrastructure sector. However, available domestic financing for infrastructure is limited by a number of regulatory and structural obstacles in the local capital market. GDIF is initiating a new engagement which will facilitate infrastructure finance by assisting the government in its broader efforts to improve the local corporate bond market.
Enhance the capacity of Treasury personnel to effectively plan for and manage the sovereign"s debt, including advice on debt management organization, relevant laws, capacity building, and introduction of global best practices. Provide technical assistance to the CBSL to prepare a Request for Proposal (RFP) with detailed specifications for an automated trading system (ATS). The RFP will also include a request from the vendor to provide a proposal for a bond clearing platform appropriate for the ATS proposed by the vendor, including requirements, functionalities, costs, and an implementation plan immediately after setting up the trading system. Develop a consolidated debt database (data warehouse) that can be used by the CBSL, Treasury Operations Department, External Resources Department, and understand, analyze, and manage the total stock of outstanding sovereign debt, including contingent liabilities such as sovereign guarantees. Develop practices and strategies to help
The main directions of our project are organized under three headings. Sovereign bonds: This concerns the trading of securities issued by the central government to domestic and foreign savers including short-term instruments (Treasury bills) and longer term instruments (Treasury notes and bonds). The modernisation and liberalization this market has typically proceeded by organizing security issues to permit trading over the full range of the term structure from less than one-month to twenty years or more. By issuing standardized contracts (e.g., non-callable, non-amortizing bonds) at regular intervals it can allow users and the fiscal authority the means of managing risks flexibly over a very long time horizon. Through a process of arbitrage it can facilitate the development of liquid trading of a wide range of other instruments used in money markets and debt capital markets. Liberalizing this market involves increasing the range of institutions participating in the market and eliminating or greatly relaxing quantitative controls. Institutional development to support this process involves simplification and effective regulation of pre-trade and post-trade services including market-making (both primary and secondary), clearing and settlement, managing central securities depositories and custodians. The development of this market is often accompanied by a change of the methods of monetary control with the progressive elimination of quantitative tools (credit quantities, reserve ratios...) and increased reliance on controls through broad monetary aggregates and price-based (interest rate) policy tools. Implementing monetary policy using a liquid sovereign debt market requires policy makers to rethink how they hope to achieve objectives for price stability, exchange rates and credit (and investment) growth. Corporate bonds: The development of a broad and liquid corporate bond market can provide an effective means of providing funds to private sector enterprises as an alternative to bank finance which may result in lower costs of debt capital and thus promote growth. For savers investing in a broadly diversified portfolio of corporate bonds can provide better risk adjusted returns than investing in stock markets or bank savings accounts alone. They can play a large and important role in retirement finance as one of the main investment vehicles for life insurers and pension funds. Developing an efficient corporate bond market involves overcoming a range of important institutional challenges. It requires provision of investor protections against abusive trading practices. These rely on sound accounting and reporting standards for issuers, insurance, pensions and fund managers. It requires collection and dissemination of information about credit histories and ratings. It requires well-designed bankruptcy regimes with sound legal foundations and efficient administration. Corporate bond markets can become fragmented across maturities and legal status of issuers. Providing liquid trading of corporate bonds is challenging, and developing repurchase agreements, securities lending and other forms of securities funding transactions can be key to reducing transactions costs. Sub-sovereign/muni bonds: This segment of the bond market is directed at the funding of public sector investments that are not supported by the budget of the central government. It involves bond issues by regional and local governments and special purpose public and quasi-public entities (highway authorities, water authorities, etc.) The development of this market segment is intimately related to the organization of local public finance. Thus our research will necessarily take into the account the particular Chinese structure of organizing both government entities and also state owned enterprises. In the current context reforms in the area will need t o deal with the issue of an overhang of non-performing loans.
Our aim is of a world in which all DAC list countries make rapid progress to the achievement of the SDGs and the delivery of emissions reductions necessary for the Paris Climate Change Agreement by selecting, designing, financing, and managing dams to meet local, national and regional development needs and preferences. To fulfil this aim we set the following objective: to transform how new dams and systems of new and existing dams are assessed, selected, designed, and operated to provide water, food, and energy security for all. This goal will be achieved through both research (the creation of new knowledge) and capacity development (raised capacities of partner and non-partner organisations), underpinned by development of shared interdisciplinary tools that integrate engineering (on system modelling, dam selection, design and operation), social sciences (on economic, social and political and processes and impacts), physical sciences (climate, hydrology, ecology) and agricultural sciences (crop production systems). Our specific objectives are: 1 To deepen understanding of how nexus system interventions (new dams, or systems of dams, and their operation) cascade through socio-economic, engineered, ecological and political systems, and use this knowledge to help stakeholders develop and negotiate solutions that are economically, socially and environmentally beneficial. Specifically, we will replace the current approach of designing dams in isolation with a whole systems-based approach that combines conceptual and numerical models of socio-economic/natural/engineered systems with novel decision-analysis techniques. 2 To enhance the technical and institutional capacity of partner and non-partner researchers and policy-makers to ensure that dam decision-making leads to economically, socially, and environmentally desirable outcomes. Specifically, we seek to move from 'cut and paste' 'Terms of Reference' documents (ToRs) when dam-building projects are put out to tender to ToRs crafted to achieve development outcomes that are sustainable and equitable. 3 To create a cross-disciplinary network of researchers and policy-influencers and inter-disciplinary tools for dam decision-making globally, which will continue to operate after programme completion and that can transfer learning to the 'next generation' of nexus system planners world-wide. Reaching those specific objectives will be done so as to be able to satisfactorily respond to the following urgent questions which are the heart of our Nexus system research agenda on dams: 1 What's happening now? Who is selecting, designing, and financing dams and systems of dams today; what approaches and tools do they use; and, what shapes and incentivises decisions about dam selection and operation? 2 What should be improved? What technical and political knowledge is required so that new dams can be selected and designed to maximise and appropriately allocate benefits, promote resilient and sustainable development, and minimise conflict and socio-ecological loss; what decision processes need improving; and, should a wider set of stakeholders be invited into the decision process? 3 How? What skills, approaches, processes, tools and academic/professional networks would help create a new generation of engineers, applied social scientists and policy analysts in the UK, in cases study countries and in other countries to achieve our mission?