Regional Fund for Triangular Cooperation in Latin America and the Caribbean
Project description
Title: Regional Fund for Triangular Cooperation in Latin America and the Caribbean
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Countries: Latin America & the Caribbean
Overall term: 2010 to 2024
Context
Triangular cooperation projects are jointly planned, financed and implemented by
- a beneficiary partner in accordance with the list of countries from the Development Assistance Committee (DAC) that has requested support in dealing with a specific challenge,
- a main partner that has already overcome the challenge in a similar context and shares knowledge, expertise and resources,
- a supporting partner (facilitator) that provides financial or technical support to the partnership.
Triangular cooperation arrangements strengthen partnerships in line with the 2030 Agenda by contributing to the joint achievement of global, sustainable development goals. Complementary partner strengths and mutual learning effects offer additional value compared with projects that involve only two countries. The projects also represent a bridge between North-South and South-South cooperation.
Objective
Triangular cooperation arrangements between Germany and partner countries in Latin America and the Caribbean strengthen public policies for sustainable development in the region.
Approach
The Regional Fund enables the participating countries to mutually learn about the opportunities and limits of triangular cooperation in a systematic way. All Latin American and Caribbean countries can participate as cooperation partners. Partner countries in other regions can also be recipients.
Countries can submit proposals for triangular cooperation arrangements in tender procedures held every six months. Although there are no thematic restrictions, the added value for all those involved and the demand in the recipient country must be clearly evident. Furthermore, the objectives must align with the partners’ development-policy priorities.
Germany supports the joint development and implementation of triangular cooperation arrangements, in particular through German and regional experts, knowledge management and networking, training and further education measures, and supplies of materials and equipment.
Last update: February 2022