1 Get behind the Fast Track Initiative Global Monitoring Report 2009 Copenhagen 24 March 2009.

Post on 16-Jan-2016

220 views 0 download

Transcript of 1 Get behind the Fast Track Initiative Global Monitoring Report 2009 Copenhagen 24 March 2009.

1

Get behind the Fast Track Initiative

Global Monitoring Report 2009

Copenhagen 24 March 2009

2

Fast Track Initiative

Launched in 2002 by G8 in Canada

Objective: To support the achievement of Universal Primary Completion – MDG 2 and 3

Catalytic Fund launched in 2003

Education Program Development Fund in 2005

Education Transition Fund – 2009 (?)

3

FTI – not only about funding and resource mobilisation

HIV/AIDS in the education sector plans

Guidelines for capacity development

Quality stamp of the education sector plans

Strengthening harmonization and alignment

Promoting equality

4

The Catalytic Fund

Pledges till date : 1.5 billion USD

Allocations till date : 1.4 billion USD

30 low income countries benefit

Last year’s allocation : 343 million USD With 439 million USD the CF covered 9 % of total

commitments to basic education in 2006

5

GMR: “FTI is not meeting expectations” - i

Commitment to the Catalytic Fund?

2004 : 4 donors 2006 : 11 donors 2008 : 17 donors – Australia, France, Japan,

Germany, Switzerland

6

GMR: “FTI is not meeting expectations” - ii

Confidence in the Catalytic Fund? FTI supposed to be fast Expectations in Partner Countries

Donors’ need for accountability Money spent in accordance with acceptable

standards

Consequence : Tension and frustration!

7

GMR: “FTI is not meeting expectations” - iii

No simple solution!

Need for better communication and information

Need for clear guidelines The endorsement process The application – EQR

FTI preparation vs. Danida preparation time

8

GMR: “FTI is not meeting expectations” - iv

Disbursement performance Too many cases taken too long Not conducive for the credibility of FTI Who is to blame?

Endorsement and appraisal processes at country level Too much variation in the past Not meeting minimum requirements Analytical work, e.i. fiduciary risk assessment after allocation Who does it?

World Bank rules and regulations

Consequence: Delays – 2007:126; 2008:214; 2009:340

9

GMR: “FTI is not meeting expectations” - v

Faster disbursement performance One solution: Financing modality The more harmonised and aligned – the faster and

smoother the disbursement

Burkina Faso – Sector Budget Support

Zambia – Alternative Supervising Entity – Basket Fund

10

GMR: “FTI is not meeting expectations” - vi

“Some countries with newly endorsed plans will not be able to get support at all”

Accuracy of figures and statistics – Is it 1 or 2 billion USD per year? GMR says one thing – the FTI Secretariat another

Replenishment process Ensure predictability and long term commitment Copenhagen in April 2009

11

GMR 2009

Scope of FTI FTI evaluation FTI meetings in Copenhagen, April 2009 Danish priorities as co-chair

Improve FTI governance structure and decision making processes

Education in fragile states Aid effectiveness

12

GMR 2009

Thank You!