Thursday, April 26, 2012

ARTICLE - UN - EARTHQUAKE PLEDGES

BETWEEN PLEDGES AND DISBURSEMENTS
(Haiti Libre) -

The United Nations Office of the Special Envoy for Haiti (OSE) has conducted a new analysis of pledges made for post-earthquake recovery activities, revealing a disbursement rate for the 2010-2012 period among public sector donors of 45.3 percent. Of the funding disbursed by bilateral donors from their pledges, 7 percent has been channeled as budget support through country systems.

The analysis is based upon updates from 55 public sector pledge-makers from the international donors’ conference "Towards a New Future for Haiti," held in New York on 31 March 2010. Of these donors, 14 have disbursed 100 percent of their pledges for 2010 – 2011. And eight out of the 12 major donors have disbursement rates higher than 68 percent for their 2010 – 2012 pledges.

The 55 public sector donors pledged approximately $5.48 billion for recovery activities between 2010 and 2012. (This number does not include debt relief pledges totaling $972.2 million). Of the $5.48 billion pledged, $2.48 billion (45.3 percent) has been disbursed.

A review of pledges made for recovery activities between 2010 and 2011 only, showed that donors pledged $4.56 billion, of which they have disbursed 54.5 percent.

This $2.48 billion was disbursed through four channels :

$1.65 billion (66.6 percent) in grants in support of the Government of Haiti, and to multilateral agencies, NGOs and private contractors;

$337.2 million (13.6 percent) in budget support to the Government of Haiti;

$295.6 million (11.9 percent) in pooled grant funding to the United Nations, Inter-American Development Bank and the World Bank through the Haiti Reconstruction Fund; and

$196.9 million (7.9 percent) in loans to the Government of Haiti and other recipients

These donors have disbursed an additional $760.5 million for general development in Haiti, outside of the New York conference recovery pledges.

This analysis does not include funds pledged for humanitarian relief activities. It is also exclusive of pledges made by privately funded organizations at the New York donors’ conference.

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