UNDP gives particular attention to the development challenges of LDCs through earmarking a proportion of its core budget for LDCs. The core resources are voluntary contributions by its Member States, and distributed to programme countries based on the so-called Target for Resource Assignment from the Core (TRAC) system. According to this system, every programme country receives a certain minimum amount of guaranteed funding from the core budget, called TRAC 1. This amount is determined by a distribution methodology established by the Executive Board of the UNDP and takes into account a country’s gross national product per person and its population size.
Utilization by the LDCs:
In 2011, the Executive Board decided that the TRAC 1 calculation methodology should continue to ensure a smooth transition from the current (2008-2013) programming period to the next (2014-2017) and to include the same percentage allocation to LDCs of at least 60 per cent of the core budget.
Available Smooth Transition Procedures: