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Corporate Policy Papers

Taking Risks

The new policy book from UNCDF
Also available as a [ pdf (English) ] [ pdf (Français) ]

Also read the Background Papers, which contributed to Taking Risks.

Hardcopies of both publications are available free of charge by contacting UNCDF at:

Email: uncdf@undp.org
Tel: (+1) 212/ 906-6235
Fax: (+1) 212/ 906-6479

Table of Contents

Forward
Preface
Introduction

1. Background - past efforts and new directions  

The l995 policy
A sustained commitment
Areas of policy change
What lessons have we learned?

2. Key midterm review findings

Local development funds
Eco-development projects
Implementation lessons
Project financing
Pilot role
Participation
Accountability

3. New directions: using local development programmes to reduce poverty and improve local governance

New funding instruments
The next generation of local development funds
Guiding principles for future programmes
Increasing accountability
Promoting participation
Applying the subsidiarity principle
Developing a financing strategy
Incorporating gender concerns
Building capacity 
Upgrading monitoring and evaluation
Building closer collaboration with UNDP

4. Conclusion
 
Annex clarifying the rationale: poverty, decentralization and local governance

Poverty and poverty reduction strategies
Improving the supply of basic services and infrastructure
Market failure, the role of the state and collective action
Institutional roles in the supply services and infrastructure
Decentralization and the comparative advantages of local government
Local government and local governance

Bibliography