India-UN development partnership fund completes its first year


Twenty-two projects have been approved in 25 low-income nations under the India-UN Development Partnership Fund, which marked its first anniversary on Friday.

This includes a climate early-warning system in seven Pacific island countries, and governance projects in eSwatini, formerly known as Swaziland, and Uruguay.

“The Fund’s focus on supporting people in the least developed countries, small island developing States and landlocked developing States reflects our ambition to reach those that are left furthest behind and to reach them first,” said UN Secretary-General António Guterres,

Set up to assist partner countries in the implementation of projects that seek to achieve Sustainable Development Goals (SDGs), the fund is managed by the UN Office for South-South Cooperation. India has committed $100 million to it over the next decade.

“The Fund that shows the further deepening of South-South cooperation, an increasingly valuable dimension of our work for development,” he said.

But he added that South-South cooperation — the cooperation between global south, the not-so-rich countries of the world– is not to replace North-South cooperation.



Please enter your comment!
Please enter your name here