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Expanding global social protection : Options for the design of an international financing mechanism

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Book

Kaltenborn, Markus

Friedrich-Ebert-Stiftung - Bonn

2023

6 p.

social protection ; social justice ; social security financing ; fund ; UN ; World Bank

international

Labour and social justice

February 2023

Social protection

http://library.fes.de/pdf-files/international/20072.pdf

English

"A solidarity-based Global Fund for Social Protection must meet certain criteria to respond adequately to the challenges of global poverty and inequality. Key requirements include compliance with the country-ownership principle in the allocation of funds and a governance structure oriented toward equal decision-making power for the partner countries. Both Financial Intermediary Funds and UN Multi-Partner Trust Funds are suitable in principle, whereas the World Bank Trust Fund model is not to be recommended in this respect"

Digital



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