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Financing

The South Centre has been financed mainly by voluntary contributions from countries of the South. The aim, however, is to secure adequate financing through a Capital Fund, the interest from which would meet the Centre’s core costs. The Board has set a target of US$30 million for the Capital Fund, which is being raised primarily in the South. Close to one-fourth of the original target has been raised so far and the Centre has intensified its efforts in this regard.

The Members States also contribute to the operating costs of the Centre based on a voluntary scale of contributions adopted by the Council of Representatives at their 6th meeting on 14 July, 2005 in Geneva.

The Centre also finances its programmes and activities with the support of funds from donors other than Member States. These donors consist of governments and specialized agencies of non-Member States, foundations, intergovernmental organizations and others.

Contributions to the South Centre Capital Fund or its Operating Expenses are welcome from governments, inter-governmental institutions, charities, individuals, as well as public and private corporate enterprises.

 

Financial Statements

icon click here to download the Audited Financial Statement for 2007

icon click here to download the Audited Financial Statement for 2006

icon click here to download Contributions to the South Centre (formerly South Commission) 1991 - 2008

 

Bank Details

IBAN CODE Account No.  Currency 

CH84 0024 0240 4681 3900 G

240-468139.00G  CHF
CH10 0024 0240 4681 3925 C  240-468139.25C   USD

 

Full name of bank:                   UBS SA 
Address of bank:                    
No.8, rue du Rhone 
                                               
Case Postale 2600 
                                                
1211 Geneva 
  
Full name of beneficiary:        
SOUTH CENTRE 
Address of beneficiary:           Chemin du Champ d'Anier 17 
                                                
Case Postale 228 
                                                1211 Geneva

SWIFT CODE:                          UBSWCHZH80A

 


All financial information provided on this page is for general information only.