Establishment of the World Solidarity Fund

A/RES/57/265View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, under agenda item 89 Implementation of the 1st United Nations Decade for the Eradication of Poverty (1997-2006), published in 2003.

What subjects does this mandate have?

13 subjects

Developing Countries Development Assistance Development Finance Financial Institutions Financial Regulations Funds Human Development International Organizations Poverty Mitigation Private Sector Recommendations Social Development Trust Funds

What’s in this document?

6 operative paragraphs

Endorses the decision of the World Summit on Sustainable Development to establish the World Solidarity Fund to eradicate poverty and to promote social and human development in the developing countries, while stressing the voluntary nature of the contributions and the need to avoid duplication of existing United Nations funds, and encouraging the role of the private sector and individual citizens relative to Governments in funding the endeavours, as set out in the Johannesburg Plan of Implementation;8

Requests the Secretary-General to mandate the Administrator of the United Nations Development Programme to take the necessary measures for the immediate operationalization of the World Solidarity Fund as a trust fund of the Programme, subject to the financial rules and regulations as adopted by the Executive Board of the United Nations Development Programme and of the United Nations Population Fund, on the basis of the present resolution and, as appropriate, the recommendations contained in his report on the mechanisms, modalities, terms of reference, mandates and governance of the Fund;9

Decides that the World Solidarity Fund will support requests received from Governments of developing countries for financing poverty alleviation projects, including initiatives from community-based organizations and small private sector entities;

Requests the Secretary-General to request the Administrator of the United Nations Development Programme to submit to the Economic and Social Council at its substantive session of 2003 a progress report on the measures taken for the operationalization of the Fund;

Encourages Member States, international organizations, the private sector, relevant institutions, foundations and individuals to contribute to the Fund;

Requests the Secretary-General to ensure that the implementation of the present resolution is reported on, to the General Assembly at its fifty-eighth session, under the item entitled “Implementation of the first United Nations Decade for the Eradication of Poverty (1997–2006)”.

Who adopted this document and its mandates?

What subjects does this mandate have?

What’s in this document?

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