UN agency faces corruption, fraud allegations at climate projects: Report

"Issues identified by the audit could seriously compromise the achievement of the objectives of the audited entity," the report said

The United Nations Development Programme (UNDP) is facing several allegations of fraud and corruption linked to the multibillion-dollar Global Environment Facility, according to documents seen by the Financial Times (FT).

A copy of a draft report by UNDP’s office of audit and investigations, dated November 2020, described “financial misstatements” worth millions of dollars across UNDP’s portfolio of GEF-funded projects around the world. The report highlighted problems including signs of “fraudulent activities” at two country offices and “suspicions of collusion among the various project managers” at another, without naming the countries.

“Issues identified by the audit could seriously compromise the achievement of the