Severe budgetary constraints are a real obstacle for the wider dissemination and implementation of the UN Guiding Principles, as well as for the more effective work of the UN Working Group for Business and Human Rights...In view of this gap between financial needs and existing resources, the IOE supports the idea of setting up a global fund for raising awareness and enhancing the capacity of stakeholders to implement the UN Guiding Principles...The fund should encourage private-public-partnerships at local, national and international level to promote and undertake awareness raising, capacity building and the implementation of the UN Guiding Principles...Such a fund should support activities of NGOs, trade unions, companies and employers’ federations on an equal basis...It would...not be appropriate for there to be prioritisation of particular topics and issues...The IOE jointly with its 150 members in 143 countries around the world is committed to working closely with OHCHR and all other stakeholders to establish such a global fund to promote the UN Guiding Principles on Business and Human Rights and to make the fund a success.