After the Donors’ Conference held in Sarajevo in April 2012, the CEB, in coordination with the Donors, set up a the RHP Fund, to hold contributions in favour of the RHP.
After the Donors’ Conference held in Sarajevo in April 2012, the CEB, in coordination with the Donors, set up a fund named
the RHP Fund, to hold contributions in favour of the RHP.
The RHP Fund’s governance structure and the conditions applicable to its resources are defined in the General Conditions of the RHP Fund. The RHP Fund’s governance structure is presented here.
At end-2013, all nine Donors who had pledged funds to the RHP Fund during the Donors’ Conference had committed and paid contributions to the RHP Fund.
The General Conditions of the RHP Fund provide that un-earmarked contributions are preferred. However, they also offer the possibility for a Donor to earmark its contribution for a specific Country Housing Project or a group of Country Housing Projects.
Based on this allocation, the funds held in the RHP Fund at mid-May 2016 are split as follows:
Between 2013 and 2017, the RHP Fund Donors approved EUR 155 million of grants in favour of the Partner Countries’ country housing projects, as follows:
Serbia also accounts for the majority of funds disbursed so far, i.e. EUR 26 million out of EUR 59 million, or 44%:
Funds committed outside the RHP Fund
To ensure that Donors are efficiently represented within the RHP Fund, only those that contribute at least EUR 250 000 may channel their contributions through the Fund. Those countries that pledged less than EUR 250 000 during the Donors’ Conference in Sarajevo in 2012, namely Cyprus, the Czech Republic, Hungary, Romania and the Slovak Republic, were invited to channel their contributions directly through the CEB.
The above-mentioned countries have committed a total amount of EUR 209 000. These contributions are used by the CEB to pay for RHP-related events or publications. For example, in 2017, part of these funds covered the cost of the 2016 Annual Report of the RHP Fund and the organisation of the RHP Steering Committee meeting held in Paris in December 2016.