7-Nov-2017: India to contribute USD 100 million to UN partnership fund
India has pledged an additional USD 100 million towards the UN partnership fund, significantly scaling up its support to sustainable development projects across the developing world.
The India-UN Development Partnership Fund was set up as a partnership between India and the United Nations Office for South-South Cooperation (UNOSSC). Its objectives are to reduce poverty and hunger, improving health, education and equality, and expanding access to clean water and energy.
Managed by UNOSSC, the fund will support Southern-owned and led, demand-driven, and transformational sustainable development projects across the developing world. Focusing on Least Developed Countries (LDCs) and Small Island Developing States, United Nations agencies will implement the Fund’s projects in close collaboration with partnering governments.
14-Jul-2017: India Give Additional $1 Million To United Nations Partnership Fund
India has contributed an additional million dollars to a UN partnership fund launched to support sustainable development projects across the developing world. India had made an initial contribution of a million dollars when the fund was created and the amount was allocated for the implementation of a project benefiting seven Small Island Developing States in the South Pacific.
The India-UN Development Partnership Fund is a dedicated facility within the United Nations Fund for South-South Cooperation established in 2017. It is supported and led by the Government of the Republic of India, managed by the United Nations Office for South-South Cooperation, and implemented in collaboration with the United Nations system.
The India-UN Development Partnership Fund supports Southern-owned and led, demand-driven, and transformational sustainable development projects across the developing world, with a focus on least developed countries and small island developing states. United Nations agencies implement the Funds projects in close collaboration with partnering governments.
The fund, launched by Minister of State for External Affairs MJ Akbar during the Oceans Conference at the world body’s headquarters, prioritises reducing poverty and hunger, improving health, education and equality, and expanding access to clean water and energy.
The first project under the fund was formulated by India and UNDP in consultation with the Governments of the Cook Islands, Kiribati, Marshall Islands, Micronesia, Nauru, the Solomon Islands and the Kingdom of Tonga. It will increase resilience to natural disasters in these seven Pacific island countries and contribute toward a Sustainable Development Goal of climate action.