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UNICEF: Private fundraising and partnerships financial report 2017

Delivered by Ms. Marit Halsvik Lillealtern, Senior Adviser, Norwegian Ministry of Foreign Affairs, 14 September, 2018.

| Executive Board

Thank you, Mr. President.

Norway supports the statement made by my colleague from Switzerland. Allow me however to add a few comments.

Norway of course also views the increase in income from the private sector as very positive, and acknowledges the significant contribution of private sector to regular resources. We encourage UNICEF to engage these important, private partners in structured financing dialogues.

There has been a marked increase in expenses related to private sector resources mobilization over the last few years, presumably resulting in a corresponding increase in income. The connection between funds used for resource mobilization and the resulting income generation must be monitored closely, with a view to investing funds where they yield the best results. For this Board to be able to better assess the effectiveness of resource mobilization, more detailed information would be required on where fundraising resources are used, linked to the corresponding funds raised.

Mr. President,

Based on the relatively moderate increase in private funding since 2014, the substantive increase in projected private sector income for the period 2018 to 2021 seems very optimistic. A more detailed account of how resource mobilization will yield the planned results, might have better underpinned the estimates.

Norway would also encourage UNICEF to analyze more thoroughly the effects of the advocacy work described in this PFP report, beyond mere numbers of beneficiaries. This would give the Board a greater understanding of the impact of the important normative role of UNICEF, the national committees and other partners.

 

Thank you.