India, UNOSSC launch partnership fund to promote Sustainable Development Goals
India-UN Development Partnership Fund will implement country-level projects that are catalytic towards achieving the 17 Sustainable Development Goals of the 2030 Agenda.
India and the United Nations Office for South-South Cooperation (UNOSSC) on 8 June 2017 launched a partnership fund to support the Sustainable Development Goals (SDGs) across the developing world.
The fund was launched on the occasion of the World Oceans Day at a special ceremony held at the Permanent Mission of India to the UN.
Highlights of the India-UN Development Partnership Fund
• 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.