India Pledges USD 150,000 to UN Peacebuilding
India has recently announced a pledge of USD 150,000 to the United Nations Peacebuilding Fund. The announcement was made by T S Tirumurti, India’s Permanent Representative to the UN.
Key Points
- The announcement to pledge USD 150,000 to the UN Peacebuilding Fund was made by Tirumurti while virtually addressing the High-Level Replenishment Conference.
- He announced that India will be providing the amount for the activities of the fund.
- India believes that the year 2021 is an opportunity to see peacebuilding in a broader way especially related to the COVID-19 pandemic as it can impact the progress made in peacebuilding over the years.
- The UN Peacebuilding Fund has made a 2020-24 strategy for peacebuilding activities and the strategy requires 1.5 billion dollars for the 5 years.
- As of now, UN Peacebuilding Fund has invested more than USD 1.2 billion in more than 60 countries.
- 39 member states have contributed more than USD 439 million (including funds received for 2020) for peacebuilding in support of the UN Fund’s 2020-2024 Strategy.
UN Peacebuilding Fund
It is a fund established in the year 2006 for peacebuilding. It was established by UN Secretary-General on the recommendations of the UN General Assembly. After the establishment of the fund, it has been activated for two countries- Sierra Leone and Burundi (under consideration by the Peacebuilding Commission).