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Funding overview

  • ITC’s work is enabled by two streams of funding: the regular budget (RB) and extrabudgetary funding (XB).

    The RB consists of assessed contributions from member states, and is approved by the United Nations General Assembly and the World Trade Organization (WTO) General Council as part of the organizations’ budget cycle. Both organizations provide equal amounts. ITC’s RB for 2019 stood at $37.0 million.

    The XB funds are voluntary contributions to ITC Trust Fund. The volume of XB funds depends on agreements reached with funders on an ongoing basis, with project budgets usually covering several years, and based on ITC’s beneficiary demand. In 2019, ITC mobilized $119.9 million in XB, making up 76% of ITC’s funding. This represents an increase of 32% compared to 2018’s XB funding.

    10-year trend in RB and XB contributions to ITC
    10-year trend in RB and XB contributions to ITC.JPG

    RB and XB contributions received at ITC in 2019
    RB and XB contributions received at ITC in 2019.JPG

    Top 15 XB funders to ITC (2019 contributions received, in $ millions)
    Top 15 XB funders to ITC.JPG

    There are two categories of XB, known as windows:

    • Window I (W1) consists of un-earmarked and soft-earmarked contributions from funders.
    • Window II (W2) is composed of hard-earmarked contributions for specific projects.


    In line with the ‘Funding Compact’, called for by UN Member States in the General Assembly (GA) resolution 72/279, and its parameters (A/74/73/Add.1), ITC aims to secure a larger volume and proportion of W1 funding, and to increase its predictability. The organisation is committed to transparency and accountability for its spending, and to an effective and efficient use of limited resources.

    W1 funders to ITC (by contributions received in 2019, in $ millions)
    W1 funders to ITC.JPG

    Window 2
    (W2) funding is tightly earmarked to specific programmes and projects, where technical cooperation goals and outcomes fall within the scope of ITC’s Strategic Plan. It also includes funding for Junior Professional Officers and secondees, as well as income earned through ITC’s products and services on a cost-recovery basis.

    The below graph provides ITC’s W2 funders in 2019.

    Top 15 Window 2 funders (by contributions received in 2019, in $ million)
    Top 15 Window 2 funders.JPG

    Within XB contributions, $15.9 million was channelled through W1 and $104.0 million was channelled through W2 in 2019.

    XB contributions received at ITC in 2019 by W1 and W2:
    XB contributions received at ITC in 2019 by W1 and W2.JPG

    The importance of additional and flexible funding

    ITC is extremely grateful to all funders and partners, particularly those who provide W1 funding as it allows ITC to be agile and strategic in efforts to deliver its core work. The overall of ITC resource mobilization is to secure long-term financial stability through mobilizing additional, more predictable and more flexible XB funding.

    XB funding has enabled ITC, for example, to:

    • Promote trade as an engine of inclusive and sustainable economic growth
    • Improve international competitiveness of small businesses, and performance of trade and investment support institutions
    • Support policymakers to design and implement trade facilitation reforms


    ITC is fully transparent with its budget, funding, and spending


    ITC provides additional information on its budget, financing and delivery:


    Contact


    If you would like additional information on ITC financing or to contribute to ITC and its work, please contact Ms. Zeynep Ozgen, Senior External Relations Officer, by email at ozgen [at] intracen.org, or by phone at (+41) 22 730 06 09.

  • ITC partnerships with the private sector

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