Governance and financial performance
2. Financial performance summary
Implementation of the TDR Strategy 2024–2029 was initiated and achievements have been reported in our annual financial and results reports.
TDR uses a dual-scenario budget model to manage the uncertainty of funding and to allow a confident start to implementation at the beginning of each biennium. Two programme budget and workplan scenarios were approved by the Joint Coordinating Board for the biennium 2024−2025: a starting scenario at US$ 40 million and a higher scenario at US$ 50 million (See figure below). Implementation of the US$ 40 million budget scenario began in January 2024.
Implementation is on track with funds totalling US$ 16.9 million utilized during the first year of the biennium.
In June 2024, the Joint Coordinating Board approved the budget scenario levels for the biennium 2026−2027 (see Figure below), with a lower scenario at US$ 40 million and a higher scenario at US$ 50 million. TDR continues to strengthen its fundraising efforts among both new and existing donors, focusing on the priorities of the 2024–2029 strategy and aligning with the Sustainable Development Goals.
