United Nations Development Partnership Fund Latest News
Recently, the Indian Permanent Mission to New York with the board of directors of the United Nations Development Partnership Fund reviewed the whole gamut of the fund's operations.
About United Nations Development Partnership Fund
- It was established in 2017, with $150 million, led by the Government of India.
- The Fund supports Southern-owned and -led, demand-driven and transformational sustainable development projects across the developing world.
- It focuses on least developed countries and Small Island developing States.
- United Nations agencies implement the Fund projects in close collaboration with partnering Governments.
- The fund is a notable example of South-South cooperation with the system.
- Its thematic reach spans all 17 SDGs, with several initiatives addressing more than one Goal.
- These include climate resilience, environmental sustainability, renewable energy, gender equality, health and pandemic response, education and skills, livelihoods, infrastructure, water and sanitation, and agricultural development.
- Under this, the Commonwealth Window of this Fund aims to catalyze the achievement of the Sustainable Development Goals (SDGs) in the developing countries of the Commonwealth of Nations.
- Commonwealth of Nations is a voluntary association of independent and equal sovereign States composed mainly of former territories of the British Empire, including India.
- It is managed by the United Nations Office for South-South Cooperation (UNOSSC).
Source: ET
United Nations Development Partnership Fund FAQs
Q1: What is the primary objective of the UN Development Partnership Fund?
Ans: To support sustainable development in developing countries
Q2: Who can access the UN Development Partnership Fund?
Ans: Governments, NGOs, and private sector entities