India to contribute USD 100 million to UN partnership fund

Print Friendly, PDF & Email

Context:

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.

About India-UN Development Partnership Fund:

  • The India-UN Development Partnership Fund was set up earlier this year as a partnership between India and the United Nations Office for South-South Cooperation (UNOSSC). 
  • The India-UN Development Partnership Fund will implement country-level projects that are catalytic towards achieving the 17 Sustainable Development Goals of the 2030 Agenda.
  • The initiative is aimed at reducing poverty and hunger, improving health, education and equality, and expanding access to clean water, energy and livelihoods.
  • The fund will focus on Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
  • Initially, the fund will start with an initial contribution of USD 1 million for its first project Climate Early Warning System in Pacific Island Countries (CEWSPIC).
  • CEWSPIC Project was formulated by India and the UN Development Programme in consultation with the governments of Cook Islands, Kiribati, Marshall Islands, Micronesia, Nauru, Solomon Islands and Tonga. The project will increase resilience to natural disasters in these seven Pacific island countries.
About United Nations Office for South-South Cooperation:
  • The United Nations Office for South-South Cooperation (UNOSSC) was established with an objective to promote, coordinate and support South-South and triangular cooperation across the world and within the United Nations system.
  • UNOSSC has its genesis in 1974 when the United Nations General Assembly endorsed the establishment of a special unit to promote technical cooperation among developing countries within the United Nations Development Programme (UNDP).
  • In 2012, the special unit was given the name United Nations Office for South-South Cooperation (UNOSSC) by the General Assembly through a resolution.
  • UNOSSC receives policy directives and guidance from the General Assembly and through its subsidiary body, the High-level Committee on South-South Cooperation.
  • UNOSSC submits its strategic planning frameworks to the UNDP, UNFPA and UNOPS Executive Board for approval and funding.
  • The Director reports to the UNDP Administrator and has also been appointed Envoy of the Secretary-General on South-South Cooperation.

Source:Economic Times & Wiki