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.

India-UN Development Partnership Fund:

• The India-UN Development Partnership Fund was set up last month as a partnership between India and the United Nations Office for South-South Cooperation (UNOSSC).
• 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.
• 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.
• The India-UN Development Partnership Fund has been launched in New York to help the poorest countries achieve the world organisation's Sustainable Development Goals (SDGs) to reduce poverty and raise the quality of life in order "to meet the challenges of our times".
• The project was developed jointly by India and the UN Development Programme (UNDP) for seven countries -- the Cook Islands, Kiribati, the Marshall Islands, Micronesia, Nauru, the Solomon Islands and Tonga.

About UNOSSC

• The United Nations Office for South-South Cooperation (UNOSSC) was established to promote, coordinate and support South-South and triangular cooperation globally and within the United Nations system.
• UNOSSC, hosted by UNDP since 1974, was established by the UN General Assembly with a mandate to advocate for and coordinate South-South and triangular cooperation on a global and UN system-wide basis. 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.

By: Vishal