Corruption hits UN’s Global Environment Facility

The United Nations Development Programme is facing several allegations of fraud and corruption linked to the multibillion-dollar Global Environment Facility, according to documents seen by the Financial Times.

A copy of a draft report by UNDP’s office of audit and investigations, dated November 2020, described “financial misstatements” worth millions of dollars across UNDP’s portfolio of GEF-funded projects around the world.

The report highlighted problems including signs of “fraudulent activities” at two country offices and “suspicions of collusion among the various project managers” at another, without naming the countries. “Issues identified by the audit could seriously compromise the achievement of the objectives of the audited entity,” the report said.

The GEF was set up in 1991 as part of the World Bank to help fight environmental challenges such as deforestation, species conservation and pollution. It has since split out to become an independent organization and disbursed more than $21 billion in 170 countries, including $7 billion in projects managed by the UNDP.

SOURCE: THE NATIONAL POST