Donor Committee for Enterprise Development, DCED
Development cooperation , 25.05.2015

Donor Committee for Enterprise Development, DCED

Description

Donor Committee for Enterprise Development (DCED) is a forum that develops donors' methodologies in order to improve the results-based management and effectiveness of private sector development cooperation. DCED aims at advancing economic development in developing countries for poverty reduction by harmonizing donor cooperation in private sector development and improving its results-based management and effectiveness. In order to achieve the goal, the DCED concentrates on: (i) improving the results-based management and effectiveness of development cooperation with the help of guidance; (ii) identifying the best donor practices; (iii) drafting and disseminating summaries and other knowledge products and raising awareness . The main instrument of the DCED is the guidance to advance the development and implementation of a results-based approach with a theory of change and an indicator framework in private sector development (so-called Standard). The DCED is also active in international policy influencing work in order to promote private sector development in the development policy agenda. The DCED hosts six donor-driven working groups in which the members can participate: Business Environment; Private Sector Development in Conflict Affected Environments; Results Measurement; Women's Entrepreneurship Development; Green Growth; and Partnerships. Human-rights-based approach to development is realized indirectly. The direct beneficiaries of DCED are donors and international organizations which implement private sector development cooperation. The final beneficiaries are the people in developing countries whose entrepreneurship and employment in other companies have contributed to their lifting out of poverty, increased their incomes and improved their possibilities to use their incomes for increasing their welfare. Finland supports the DCED with 150 000 euros during 2015-2017. Funding is channeled through an IFC Trust Fund.

More information

www.enterprise-development.org

Funding decision  25.05.2015

150 000 €

Target region

Developing countries

Objectives monitored by OECD's Development Assistance Committee

  • Trade development
  • Aid to environment
  • Gender equality
  • Participatory development/Good governance

Field of activity

  • Business support services and institutions 100%

Type of aid

Donor country personnel

Funding channel

Kv rahoitusyhtiö

Contact

keo-20

Code for the object of funding

89859601

ID

UHA2015-009082

Modified

11.06.2015