Syria Recovery Trust Fund (SRTF)
The Syria Recovery Trust Fund (SRTF) is a multi-donor trust fund initiated by the Group of Friends of the Syrian People and its Working Group on Economic Recovery and Development. It serves to channel grant funding from the international community in a transparent and accountable manner into projects inside Syria with the objective to alleviate the suffering of the Syrian people.
The Framework Agreement to establish the SRTF was signed on September 2, 2013. The parties to the agreement include the three original donors: the Federal Republic of Germany, the United Arab Emirates, and the United States of America, together with the National Coalition of Syrian Revolutionary and Opposition Forces (SOC) as the legitimate representative of the Syrian People, and the German Development Bank KfW as Trustee. Denmark acceded to the Framework Agreement on the same day, Sweden and Finland acceded in October 2013, followed by Japan in February 2014, the United Kingdom in March 2014, the State of Kuwait in May 2014, France in June 2014 and Italy in July 2014 and the Netherlands in December 2014. In June 2014 Turkey joined the SRTF as a permanent member. Turkey is part of the SRTF governance structure in its important function as host country to the Fund’s operational management. As of November 2015 Jordan is also part of the SRTF governance structure in its important function as a second host country to the Fund’s operational management.
The purpose of the SRTF is to reduce the suffering of the Syrian people and assist the SOC in providing essential services to Syrians. Through the SRTF, donors pool their funds to finance priority projects for essential services in sectors such as water, health, electricity, education, food security, solid waste removal, as well as other sectors including rule of law, agriculture, transportation, telecommunication, public enterprise, and housing.See more