Mitarbeiter sonstige

Deauville partnership MENA transition fund: follow-up to 30 June 2015 progress report, options and next steps

Furness, Mark
Mitarbeiter sonstige (2015)

Interne Stellungnahme für das BMZ

The 30 June Progress Report is generally positive in tone, especially regarding questions about the Deauville Transition Fund (DTF)’s overall financial health, which was questionable 12 months ago, and the results management framework which is starting to take effect. On the negative side, the Report clearly highlights a trend towards decreasing performance in the DTF’s project portfolio. As Steering Committee Co-Chair, Germany will need to help stakeholders address the concerns raised by the Report.  It is important to bear in mind that the DTF is an ambitious instrument operating in a sensitive and at times fragile geopolitical environment. All stakeholders need to be patient and to recognise that setbacks are normal in such situations, and there is no need to overreact, especially as most of its projects are performing well. It is, nevertheless, important to ensure that the trend towards negative project performance is reversed. Such a step would send a strong signal that while the DTF has a long-term focus, results are important and projects (and their stakeholders) need to deliver.