Regional Fund for Triangular Cooperation with Partners in Latin America and the Caribbean
Name: Regional Fund for Triangular Cooperation with Partners in Latin America and the Caribbean
Commissioned by: German Federal Ministry for Economic Cooperation and Development (BMZ)
Region: Latin America and the Caribbean
Term: 2010 – 2025
Triangular cooperation projects are jointly planned, financed and implemented by
(I) a beneficiary partner according to the list of countries from the Development Assistance Committee (DAC) that has requested support in dealing with a specific challenge,
(II) a pivotal partner, which has already confronted the challenge in a similar context and shares knowledge, expertise and resources,
(III) a supporting partner (facilitator), which provides financial or technical support to the partnership.
The roles are not strictly assigned to certain countries, so that every partner can act as beneficiary, pivotal partner or facilitator. Moreover, the number of countries must not be limited to three. Supraregional triangular cooperations between partners in Asia, Africa, the Middle East and Latin America are promoted as well.
In the context of constantly evolving international cooperation, triangular cooperation is an innovative modality that has become increasingly important in recent years. TrC projects offer flexible and tailormade solutions to the specific development challenges of the participating countries and strengthen cooperation between partners who do not usually work together. This also includes the private sector, civil society and scientific actors (multi-stakeholder partnerships). TrC not only delivers impacts at the project level, but also strengthens partnerships in the sense of SDG 17 of the 2030 Agenda, explicitly contributing to the joint realisation of the global and sustainable development goals.
To the extent that partners share their knowledge, the horizontality of relations and trust between countries is fostered and strengthened. Through the use of the partners’ complementary strengths and mutual learning effects, TrC also offers added value compared to bilateral projects. By combining support for the implementation of TrC projects, capacity development and the promotion of political dialogue, the Regional Fund makes a decisive contribution to the strengthening and conceptual development of the modality.
Triangular cooperation in the Latin American and Caribbean region for national and global development is strengthened.
The Regional Fund, financed by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) mbH, has been supporting TrC projects since 2011. The Regional Fund operates on demand from beneficiary partners through biannual calls for proposals and focuses on promoting TrC with countries and multilateral partners “in” and “with” Latin America and the Caribbean. However, projects with partners from other regions are also possible. There are no thematic or sectoral restrictions.
The core activities of the programme are the implementation of TrC projects, strategic capacity development and the promotion of political dialogue.
Partners include partner countries’ cooperation agencies, specialised sectoral organisations as well as governmental institutions, the private sector, civil society, academia and international organisations.