For the financing of BDT projects, a number of financing mechanisms are in use. These are outlined below:
1. Trust funds
Trust funds are used to execute projects financed by earmarked contributions, by the ICT Development Fund or by governments. In all cases the funds have to be credited to the projects before the expenses are committed. Trust funds are voluntary contributions with specific and restrictive utilization. These contributions generate support costs during the execution and implementation of the projects.
2. Voluntary contributions
Voluntary contributions are received from donors to complement specific regular budget activities such as for example seminars, working groups, study groups, training and fellowships. Voluntary contributions can finance long-term activities. Voluntary contributions do not generate any support costs.
3. ICT Development Fund
The ICT Development Fund (ICT-DF) contributes to sustainable development through the co-financing of national, regional and global development projects. For more information on ICT-DF please see
ICT-DF projects website
*Please also refer to Annex 2 of the ITU Financial Regulations and Financial Rules:
https://www.itu.int/en/council/Documents/Financial-Regulations/S-GEN-REG_RGTFIN-2018-PDF-E.pdf
