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Counsellor at India’s Permanent Mission to the UN Anjani Kumar announced India’s pledges at the UN General Assembly Pledging Conference for Development Activities.
Kumar said India’s pledges of contributions for operational activities of development for the year 2020 is to the tune of USD 13.5 million, in line with the country’s long-standing tradition of supporting development activities across the UN system.
Outlining contributions to the various UN agencies, Kumar said on Wednesday that India will contribute USD 5 million to the UN Relief and Works Agency for Palestine Refugees in the Near East, USD 4.5 million to the UN Development Programme.
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India will also be contributing USD 100,000 each to the UN Voluntary contribution for Financial and Technical Assistance for the implementation of Universal Periodic Review, UN Environment Programme and UN Office on Drugs and Crime.
Kumar noted that India would be undertaking further commitments to other entities over the course of time.
“India has been a regular contributor to the UN since its inception. India believes that the UN should have the necessary resources to finance its activities, in an appropriate and balanced manner,” he said.
Kumar, however, pointed out that sustainable and predictable funding remains the key challenge in achieving the 2030 Development Agenda.
Around USD 50 billion are channelised every year through the UN System, but around 65 per cent of these resources are earmarked and as a result, less than 35 per cent of the resources are utilised for development and technical cooperation, he said.
Highlighting India’s leadership towards development activities and initiatives at the UN, Kumar said India, in association with the UN Office for South-South Cooperation, established the India-UN Development Partnership Fund in 2017 under which USD 150 million have been committed for development assistance over the next decade for need-based developmental projects.
“In the spirit of sustained and predictable funding for the SDGs and South-South Cooperation, the funds under the India-UN development Partnership are non-earmarked,” he said, adding that since its establishment, more than 35 member states from Africa, Latin America and the Caribbean and, Asia and the Pacific regions have partnered with the India-UN Development Partnership Fund.
Kumar told the pledging conference that India is also engaging with the global South more than ever before and the country’s historic relations with Caribbean nations witnessed a new momentum with the meeting of Prime Minister Narendra Modi and 14 leaders of the Caribbean Community and Common Market (CARICOM) group of countries on sidelines of the high-level General Assembly session in September.
Modi had announced a 14 million dollar grant for community development projects in the CARICOM and another 150 million dollar Line of Credit for solar, renewable energy and climate-change related projects.
Taking forward India’s close partnership with the Pacific Islands Developing States (PSIDS), the India-PSIDS Leaders’ Meeting was also held on the sidelines of the General Assembly and Modi had announced allocation of 12 million dollars grant (one million dollars to each PSIDS) towards implementation of high impact developmental projects in an area of their choice.
In the last decade, India has extended Lines of Credit of about USD 26 billion to more than 60 developing countries.