India to contribute USD 100 million to UN partnership fund

Nov 7, 2017 16:04 IST
India to contribute USD 100 million to UN partnership fund

India has pledged an additional amount of USD 100 million towards the UN partnership fund, scaling up its support to sustainable development projects across the developing world.

The information was shared by Anjani Kumar, Counsellor at the Permanent Mission of India to the UN on 6 November at the 2017 UN Pledging Conference for Development Activities.

Kumar stated that the contribution would be in addition to India's contribution of 10.582 million US dollar to various other UN programmes. He said that India believes that the UN should have the necessary resources to finance its activities, in an appropriate and balanced manner.

A total of USD 398.98 million was pledged by about 20 countries during the conference session.

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Background

• The India-UN Development Partnership Fund was set up earlier in 2017 as a partnership between India and the United Nations Office for South-South Cooperation (UNOSSC).

• The first project from the fund is being executed in partnership with seven Pacific Island countries.

• The fund has since then identified 15 more projects.

Among the USD 5 million India contributed to the fund this year, USD 2 million would be utilised for reconstruction in Dominica and Antigua and Barbuda that were hit by devastating hurricanes.

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