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.
The number and diversity of donors contributing to UNDP programmes confirms the confidence of the national government and the international and local community in our role as a partner of choice for sustainable development.
The following graphs show where our funding comes from and how it is spent. Sharing this information is part of UNDP’s commitment to transparency and accountability to our funders, partners, project participants and the public.
To explore more parameters of our funding, please go to open.undp.org.