India and the UN Office for South- South Cooperation have launched a partnership fund on June 9, 2017 that will support sustainable development projects across the developing world.
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 collaborative initiative is aimed at reducing poverty and hunger, improving health, education and equality, and expanding access to clean water, energy and livelihoods.
Managed by UNOSSC, the India-UN Development Partnership 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 (SIDS), United Nations agencies will implement the Fund’s projects in close collaboration with partnering governments.
‘Climate Early Warning System in Pacific Island Countries’ was announced as the first project to receive support from the new partnership. The project was formulated by India and the United Nations Development Programme in consultation with the Governments of the Cook Islands, Kiribati, Marshall Islands, Micronesia, Nauru, the Solomon Islands and Tonga. The project will increase resilience to natural disasters in these seven Pacific island countries.