Financing for Development: the Global Coalition calls on Governments to support the creation of a Global Fund for Social Protection

In the framework of the negotiations on Financing for Development, the Global Coalition for Social Protection Floors has released its proposal for the set up of Global Fund for Social Protection Floors (GFSPFs): a solidarity based financing mechanism to help countries design, implement and, to a limited extent, finance national floors of social protection.

While not replacing domestic resources necessary to ensure the sustainability of social protection systems, the fund would aim at
a) Providing technical support for national efforts to plan and design national SPFs and the training of national planning and administrative staff;
b) Co-financing of SPF transfers in exceptional cases.

The full proposal is available at the following LINK.

 

Global Fund for Social Protection

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