The Pérez-Guerrero Trust Fund for South-South Cooperation (PGTF) was established by the United Nations General Assembly (GA 38/201) in 1983 and in 1986 a High-level Meeting on ECDC held at Cairo approved the main features for launching PGTF operations. The objective of the Fund is to provide seed money for
- financing pre-investment/feasibility studies/reports prepared by professional consultancy organizations in developing countries members of the Group of 77 (G-77);
- facilitating the implementation of projects within the framework of the Caracas Programme of Action on ECDC as well as the priority areas for South-South cooperation of the Havana Programme of Action; and
- supporting economic and technical cooperation among developing countries.
The South-South collaborations funded are mostly implemented by national institutions and focused on joint research, field activities, workshops, publications, development of common standards, and educational activities. These projects have been catalytic at intensifying linkages among Southern institutions and enabling the sharing of knowledge among developing countries.