Glossary entry (derived from question below)
English term or phrase:
higher order
English answer:
providing a larger part of
Added to glossary by
Nadia Ayoub
Sep 11, 2011 19:31
12 yrs ago
English term
higher order
English
Social Sciences
International Org/Dev/Coop
Increasing the percentage of the Organization’s budget that is predictable (before the beginning of the biennium) up to 70%. This would ensure that staff costs and essential non-staff work with a longer horizon are covered in a more predictable way, which is crucial as the cost of staff, through which the Organization carries out its knowledge- and expertise-based work, constitutes more than 50% of the budget. Higher levels of predictable income could be achieved, for example, through an absolute increase in the percentage of AC or through the institution of a replenishment model, which would facilitate a collective commitment to financing part of the programme budget before the budget period begins. Such a model would be based on global best practices.
WHO requires sufficiently flexible income to respond to emerging needs and priorities as well as to reprogram funds to underfunded priorities. AC for the projected Programme Budget 2012-2013 is ~25% and Core Voluntary Contributions Account is ~10%. Increasing full and highly flexible income from this projected baseline to 40%, for example, through more VC provided at a **higher order** of the Programme Budget, is feasible and important.
AC: Assessed Contributions
VC: Voluntary Contributions
Thank you for your help!
WHO requires sufficiently flexible income to respond to emerging needs and priorities as well as to reprogram funds to underfunded priorities. AC for the projected Programme Budget 2012-2013 is ~25% and Core Voluntary Contributions Account is ~10%. Increasing full and highly flexible income from this projected baseline to 40%, for example, through more VC provided at a **higher order** of the Programme Budget, is feasible and important.
AC: Assessed Contributions
VC: Voluntary Contributions
Thank you for your help!
Responses
3 +4 | providing a larger part of | Liz Dexter (was Broomfield) |
Responses
+4
45 mins
Selected
providing a larger part of
Having worked on lots of corporate and social services / tendering documents in the past, I think what they're saying is that if they can get the VC to represent more than 10% of the projected budget, they can then increase the baseline and promise to cover more staff and organisational costs for the time period.
Gosh, that looks as dense as the original text - hope it makes sense to you!
Gosh, that looks as dense as the original text - hope it makes sense to you!
4 KudoZ points awarded for this answer.
Comment: "Many thanks!"
Something went wrong...