{"id":2840,"date":"2022-02-11T09:36:16","date_gmt":"2022-02-11T08:36:16","guid":{"rendered":"https:\/\/publicfinance.undp.sk\/?page_id=2840"},"modified":"2026-01-20T22:05:05","modified_gmt":"2026-01-20T21:05:05","slug":"mfsr-oda","status":"publish","type":"page","link":"https:\/\/publicfinance.undp.sk\/en\/mfsr-oda\/","title":{"rendered":"Slovak Ministry of Finance ODA"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]The MF SR plays a key role in Slovak development cooperation. In addition to its own ODA activities, it ensures contributions to international organizations and financial institutions and collaborates on ODA initiatives with various partners, including UNDP, EXIMBANKA SR, the Public Expenditure and Financial Accountability Program (PEFA), and the Center for Excellence in Finance (CEF) in Ljubljana. Additionally, it is a member of The Addis Tax Initiative (ATI). <\/span>However<\/span>, UNDP is the oldest and largest partner in terms of financial contributions and the number of initiatives.<\/span><\/span>\u00a0<\/span>[\/vc_column_text][vc_column_text]<\/p>\n

MFSR ODA KEY PARTNERS<\/span><\/span>\u00a0<\/span><\/h3>\n

[\/vc_column_text][vc_cta h2=”” txt_align=”center”]<\/p>\n

UNDP – OTHER THAN PPFD<\/span><\/span><\/h4>\n

[\/vc_cta][vc_text_separator title=”Slovak Transformation Fund”][vc_column_text]In addition to the PPFD project, the MFSR and UNDP are implementing initiatives aimed at fostering innovation in public administration and finance.<\/span>\u00a0<\/span>\u00a0<\/span><\/p>\n

In 2022 UNDP and the MFSR launched the <\/span>Slovak Transformation Fund<\/span><\/b> (STF) project as a successor to the <\/span>Transformative Governance and Financial Facility<\/span><\/i><\/b> project (operational from 2015 to 2021).<\/span>\u00a0<\/span><\/p>\n

This complex project aims to support countries and cities by implementing innovative approaches and financing solutions across critical areas. It focuses on enhancing system transformation through systemic approaches, co-creation processes, and strengthening local ecosystems, supported by innovative funding sources. <\/span>Recent Annual Report<\/span><\/a>\u00a0<\/span><\/p>\n

The project is structured around two main components: <\/span>City Experiment Fund<\/span>, aimed at transforming urban systems and exploring new financing mechanisms, and <\/span>BOOST Acceleration Programme<\/span>, fostering innovations for selected challenges.\u00a0<\/span>\u00a0<\/span><\/p>\n

City Experiment Fund\u00a0<\/span><\/strong><\/p>\n

The <\/span>City Experiment Fund<\/span><\/a>\u00a0(CEF)\u00a0is an initiative of the Slovak Transformation Fund, driving systemic urban transformation across Europe and Central Asia. Utilizing a portfolio approach grounded in systems thinking, CEF helps cities tackle complex urban challenges by developing interconnected solutions that foster innovation, inclusivity, and resilience.<\/span> CEF implementation brought so far following results:\u00a0<\/span>\u00a0<\/span><\/p>\n

A Proven Approach to Urban Transformation: <\/span><\/b>CEF has already demonstrated its transformative impact in five diverse cities – <\/span>Skopje<\/span><\/b>, <\/span>Almaty<\/span><\/b>, <\/span>Stepanavan<\/span><\/b>, <\/span>Pljevlja<\/span><\/b>, and <\/span>Pristina<\/span><\/b>. These cities have addressed pressing challenges like waste management, air pollution, youth employment, energy efficiency, and urban safety through innovative portfolios. CEF’s interventions <\/span>showcase<\/span> the power of tailored, city-specific solutions. Examples include<\/span> North Macedonia’s first biohacking lab in Skopje <\/span>or<\/span>\u00a0<\/span>a residential energy efficiency program<\/span> in Montenegro<\/span> that provided financial support for homeowners to implement energy-saving measures, including pellet-based heating systems, window replacements, and thermal insulation for building envelopes. The program reached 150 residences and received 2.8 million euros of funding for <\/span>Pljevlja<\/span> alone<\/span>.<\/span><\/span><\/p>\n

Catalyzing Change Through Key Innovations: <\/span><\/b>CEF introduces three core innovations to urban development:<\/span>\u00a0<\/span><\/p>\n