The 2002 Results-Oriented Annual Report captures the results achieved in 2002 within the UNCDF Strategic Results Framework (SRF) for 2000-2003. The report assesses the performance of the organization in terms of the achievement of annual targets under each sub-goal of the SRF. In addition, the 2002 ROAR is formulated in a more management-oriented manner, covering the key results produced by the organization, the main challenges and the way forward.