Abstract
ABSTRACT This article examines the first decade (2010–2019) of the International Fund for Cultural Diversity (IFCD or the Fund). It first reviews how the IFCD works to promote cultural development and international cooperation within UNESCO’s 2005 Convention. It then explores how the Fund is financed and how its expected results are defined. The article argues that despite the broad visibility and normative influence of the Convention, the IFCD has not received the levels of financial support by both state Parties and the private sector as the Secretariat envisaged. Moreover, the shift to creativity has neither delivered better fundraising results for the IFCD nor fitted squarely into UNESCO’s broader cultural development frameworks. This opens further questions on the conceptualisation of structural changes as a key objective of projects supported by the IFCD, and the possibility of them addressing structural inequalities that characterise the political economy of the globalised cultural industries.
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