Europe and Central Asia

Bhutan

Integrated Policy

Social Protection and Jobs

Mindful futures

Total funding allocated

Integrated Policy

US $ 2871160

Co-funding by UN agencies

Integrated Policy

US $ 2621850

Brief Description

The joint programme titled 'Mindful Futures' aims to secure sustainable foreign direct investment in education, job creation, and social protection in Bhutan by leveraging the expertise of the United Nations and investment bankers to develop bankable projects and connect them with targeted investors.

Mindful Futures focuses on securing sustainable foreign direct investment (FDI) in education, job creation, and social protection in Bhutan, addressing challenges like outward migration and teacher shortages. The program develops a pipeline of bankable projects in collaboration with the government and private sector, ensuring alignment with Bhutan's development priorities. It designs bespoke financing strategies for high-priority projects and engages targeted investors to secure long-term finance. The initiative aims to benefit approximately 40,000 people, enhancing educational opportunities and social protection for vulnerable groups, ultimately advancing Bhutan's sustainable development goals.

Expected key results

Greenfield FDI in Bhutan increases, creating employment for people in Bhutan, especially those at risk of being left behind.
The availability of quality and inclusive education is improved, helping to close the mismatch between the skills demanded by the private sector and those that graduates possess.
Vulnerable groups, including children, women and persons with disabilities, benefit from comprehensive shock responsive social protection, providing families with sufficient and sustainable income and assets to meet their livelihood/basic needs.