2014 Annual Review - UNDP Innovation Facility

In 2014 UNDP launched the Innovation Facility to support innovation to address development challenges. The Innovation Facility was made possible with the generous contribution of the Government of Denmark and co-investments from UNDP’s core resources. The Innovation Facility is a funding mechanism managed by a small team of innovation experts at UNDP based in Addis Ababa, Amman, Bangkok, Istanbul, New York and Panama.
This review lays out why innovation is becoming increasingly important for international development and UNDP. It describes our approach to innovation as well as spotlights the initiatives funded by the Innovation Facility in 2014. UNDP has invested in new ways of doing business and over the past three years began strategically exploring innovation under the motto “innovation happens in practice.” Through the Innovation Facility we strive to accelerate this approach by putting innovation in development solutions on a new trajectory.