Partnerships are central to the 2030 Agenda for Sustainable Development and essential for delivering on the vision and outcomes in UNDP’s Strategic Plan. Resources entrusted to UNDP should be utilized following the highest fiduciary standards. This applies equally to development activities performed directly by UNDP, or activities performed by implementing partners funded by UNDP. This policy provides the prescriptive content, principles and practices for managing partnerships which guide UNDP's partnerships with governments, the United Nations System, International Financial Institutions (IFIs), the private sector, foundations and civil society organizations (CSOs).