Fifth United Nations Conference on the Least Developed Countries highlights impact of ...

UNOSSC, IBSA and India-UN Fund outreach for development of least developed countries 5 March 2023, Doha – On the sidelines of the Fifth United Nations Conference on the Least Developed Countries, the catalytic power of South-South cooperation to enable transformational development in least developed countries was celebrated. Eminent personalities from India, Brazil, The Gambia, Malawi, Uganda, South Africa, Timor-Leste and officials from the Food and Agriculture Organization of the United Nations (FAO), United Nations Development Programme (UNDP), United Nations Office for South-South Cooperation (UNOSSC), UN Capital Development Fund (UNCDF) and WHO attended the event. UNOSSC-managed South-South Trust Funds have directly supported 32 least developed countries, with more participating in multi-country or global projects. The India-UN Development Partnership Fund, a US$ 150 million financing mechanism, established in 2017, has supported 24 projects in 18 least developed countries, while also prioritizing projects in 29 small island developing states and 10 landlocked least developed countries.  The India, Brazil, South Africa Facility for Poverty and Hunger Alleviation (IBSA Fund), established in 2004, has supported 22 projects in 20 least developed countries – accounting for more than 62% of its total resources. The Perez-Guerrero Trust Fund for South-South Cooperation has provided 384 small multi-country project grants, while the Unite...
Source: WHO EMRO News - Category: Middle East Health Source Type: news