LocationsNetherlands invests in accelerated action for people and planet through new 3-year agreement with UNDP
May 12, 2023
In these times of poly-crisis and significant development setbacks, flexible core support is critical for UNDP’s ability to respond both to sudden on-set crises and disasters and to continue to address fragility in global hot spots.
The Hague - The Netherlands and UNDP today signed a three-year funding agreement for 2023 to 2025 that will enable UNDP to respond quickly and flexibly to development challenges across the world. The agreement of EUR 28.9 million per year (a total of EUR 86.8 million for the three-year period) was signed today in the Hague during an annual high-level dialogue led by Ms. Liesje Schreinemacher, Minister for Foreign Trade and Development Cooperation of the Netherlands and UNDP Administrator Achim Steiner.
“We welcome the new multi-year funding agreement signed in the Hague today. Through this core funding the Netherlands reaffirms its long-standing support to UNDP as a vital and agile partner to developing countries. Together, we make a difference to millions of people’s lives - whether in the midst of crises from conflict or natural disasters or by investing in skills, digital public infrastructure and the jobs for tomorrow,” said UNDP Administrator Achim Steiner.
In these times of poly-crisis and significant development setbacks, flexible core support from the Netherlands is critical for UNDP’s ability to respond both to sudden on-set crises and disasters and to continue to address fragility in global hot spots. UNDP directs three-quarters of flexible core funding to least developed and low-income countries and the support will boost global efforts to eradicate poverty, strengthen democratic governance and promote the rule of law.
“UNDP is an important strategic development cooperation partner for the Netherlands in general, and on poverty reduction, stabilization efforts and climate action in particular. The world is not changing for the better and we recognize the important efforts of UNDP to support the most fragile countries and those left behind and to realize their potential in the face of interconnected crises”. said Ms. Liesje Schreinemacher, Minister for Foreign Trade and Development Cooperation of the Netherlands.
Thanks to support from the Netherlands and other partners, UNDP is already undertaking critical work as part of its 2022-2025 Strategic Plan, aiming to help 100 million people escape multidimensional poverty, 500 million people to gain access to clean energy and 800 million people to participate in elections.
