UN chief praises India’s commitment to South-South cooperation
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United Nations Secretary General has praised the India-UN Development Partnership Fund for championing greater prosperity for all while contributing to South-South cooperation.
The India-UN Development Partnership Fund is a dedicated facility within the United Nations Fund for South-South Cooperation established in 2017.
It is supported and led by the Government of India,managed by the United Nations Office for South-South Cooperation and implemented in collaboration with the United Nations system.
It works with developing countries by providing assistance to projects that aim to implement the Sustainable Development Goals (SDGs) as per their request.
The Fund adheres to the principles of South-South cooperation and places a priority on (a)national ownership and leadership (b)equality, (c)sustainability (d)development of local capacity and (e)mutual benefit.
In the last two years, the Fund has developed a portfolio of 36 projects in partnership with 37 developing countries and 21 of these projects are under implementation with many nearing completion.
The Government of India has also committed a total of USD 150 million for this Fund over the next decade to support projects that are in alignment with the 2030 Agenda.
The amount includes 50 million dollars under a separate ‘Commonwealth Window’ which has been established with the aim of working specifically with Commonwealth developing countries to promote common understanding and shared interests.
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