The Russia-UNDP Partnership has seen a rapid growth over the past three years evolving from a collection of discreet projects totaling $24 million in 2015, to a fully- fledged institutionalized partnership of over $80 million in 2018. The cornerstone of the Partnership is the Russia-UNDP Trust Fund for Development (Trust Fund), established in 2015 with initial pledge of $25 million to support to competitively selected projects in developing countries around the world. The Trust Fund became an effective partnership instrument jointly governed by the Russian Federation and UNDP in accordance with UNDP’s Programme and Operations Policies and Procedures.

The overview continues a series of reports prepared for the Russia-UNDP Partnership Consultations in April 2016 and July 2017. It aims to present results achieved in 2017-2018 and discuss future plans.