UNDP Supporting the Strengthening of South-South Dialogue on Policy Options for Halving Extreme PovertyJun 9, 2015
The United Nations Development Programme is supporting the implementation of the “Enhancing the Economic Livelihood of the Poor” project with the hope of achieving three outputs:
- Develop a compendium of south-south policy options and best practices for the development of the rural poor;
- Develop and align skills for employment and new cottage industries as well as match products and services with markets; and
- Map viable alternatives of coping strategies for the rural poor.
The project is expected to support Guyana in its efforts to reduce extreme poverty and to attain its 2015 target under the Millennium Development Goal (MDG) 1 – eradicating extreme hunger and poverty.
In 2013, the UNDP applied for the Chile Government fund for Hunger and Poverty and successfully received a US$200,000 grant to support the implementation of the project which will directly benefit the poor, vulnerable families in rural communities, especially women, young people, and indigenous groups.
This two-year project is being implemented by the Ministry of Tourism and a number of activities will be implemented during this period under three outputs outlined above.
To date the project has commenced work on a south-south knowledge fair and dialogue fora to understand and improve Guyana’s ecotourism potential and to create an eco-tourism policy compendium.
Additionally, the project is supporting the Ministry’s efforts to align skills for employment and new cottage industries as well as match products and services with markets, several skills training will be conducted for community leaders, women, youth, indigenous people and community enterprise developers.
Ten community businesses will each receive a grant of US$5,000 to improve their business. These business owners will be selected through a transparent process and will also benefit from basic training in project management, record keeping and accounting, business management, marketing and human resource development prior to receiving the grant.
Finally, a mapping of viable alternatives of coping strategies for the rural poor will be done. A study will be conducted on the financial, legal, technical and environmental requirements to establish a typical business enterprise in new and non-traditional sectors such as agro-processing, poultry, furniture, aquaculture, ecotourism and manufacturing. It is anticipated that the study will fill the knowledge gap by developing resources for potential entrepreneurs who lack the necessary economic knowledge, business skills or confidence to be able to devise a business plan, develop a marketing strategy and forecast likely profits.