Funding and delivery
Where our money comes from and what we spend it on?
As a consequence of Azerbaijan's rapid development in the past decade, per capita income soared dramatically and stood at US$ 6,560 by 2015. In reflection of this, Azerbaijan is now ranked as an upper-middle-income country by the World Bank. Proportionally to the country's growing wealth, UNDP headquarters is allocating less core resources to the Country Office. UNDP Azerbaijan's strategy therefore changed from being a funding source of development projects to that of using its fewer core resources as seed money for mobilizing additional, non-core funding for its projects. Indeed, now UNDP projects in Azerbaijan are funded for the most part by the Government of Azerbaijan.
56% of all funding for UNDP projects came from the Government of Azerbaijan. A smaller percentage of our projects is funded by the Global Environment Facility, the European Union and other donors.