Funding

Funding

OK, you have just been assigned a committee that is dealing with some economic issue. You and your fellow delegates all agree that there is a problem AND you have all agreed on how to solve the problem and you are ready to write a resolution. Great! Right? Well, there is still one more problem…How will you pay for this?

1. Think back to the example about the four students debating where they will eat lunch. How was the poorest student convinced to go for zhen jiao?
   
2. The same thing is true in the U.N. Somehow, you have to pay for whatever resolution you pass.
   
3. So, where should we look for money?
   
4. (Example G)
   

• The World Bank
  
  • This is the biggest and most important source of financing in the UN. Learn what the World Bank is and how to use it!!! If you don't you will have trouble selling your proposals during caucus and committee. It is made up of the following branches.
    

1. International Bank for Reconstruction and Development (IBRD)
   
2. International Development Association (IDA)
   
3. International Finance Corporation (IFC)
   
4. Multilateral Investment Guarantee Agency (MIGA)
   
5. International Centre for the Settlement of Investment Disputes (ICSID)
   

• Where can I not get funding?
  

1. NGO's
   
   1. NGO's are privately owned and don't have any money to give.
      
      1. NGO's do their own thing.
         
2. The U.N.
   
   1. The actual U.N. is deeply, deeply in debt.
      
3. Also, your country cannot fund any projects that would fix a problem in another country unless that other country accepts it.
   
   1. Country A cannot fund a project in Country B through the United Nations.
      
   2. ALSO, No other country can vote for a resolution that would give funding to help out Tibetans in China or help fight global warming by helping save the rainforest in Indonesia via the U.N.