Tuesday, 02 January 2024 12:17 GMT

QFFD Commits Over $130Mn To Global Development At UNGA80


(MENAFN- Gulf Times) On the sidelines of the ongoing 80th Session of the United Nations General Assembly (UNGA80), held under the theme“Better Together: 80 years and more for peace, development, and human rights”, Qatar Fund for Development (QFFD) has announced signing of 13 new agreements with UN agencies, international financial institutions, and humanitarian organisations, representing contributions exceeding $133mn.
QFFD has reaffirmed Qatar's commitment to multilateralism and international cooperation as indispensable pillars for achieving sustainable development and shared global prosperity, a statement said Friday. These commitments are set to benefit more than 8.3mn people worldwide, advancing collective progress across health, education, youth empowerment, food security, climate resilience, and economic development.
The agreements include partnerships with both long-standing and new partners, among them the UN Population Fund, the International Atomic Energy Agency, the Gates Foundation, the Food and Agriculture Organization of the UN, the World Food Programme, the International Fund for Agricultural Development, the UN Development Coordination Office, and the Saudi Fund for Development, the UN Development Programme, Office of the UN High Commissioner for Refugees, Unicef in support of the Generation Unlimited initiative, the Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, the International Rescue Committee, and the Inter-American Development Bank together with the Inter-American Investment Corporation.
The signing ceremonies were witnessed by HE Sheikh Thani bin Hamad al-Thani, chairperson of the board of directors of QFFD, and HE Dr Maryam bint Ali bin Nasser al-Misnad, Minister of State for International Cooperation and vice-chairperson of board of directors of QFFD, alongside high-level representatives from partner organisations.
Through these agreements, QFFD underscores its firm belief that international solidarity is the only effective path to addressing the most pressing global challenges. Through flexible core contributions, QFFD will strengthen the institutional capacities of leading UN agencies and expand their reach to the most vulnerable. At the same time, targeted programmes, supported by innovative financing mechanisms, will advance women's health, support food stockholding systems, sustain essential public services in conflict-affected countries, rehabilitate critical infrastructure for displaced communities, and create new opportunities for young people through education, skills development, and entrepreneurship.
Sheikh Thani also met with Amina J Mohammed, deputy secretary-general of the UN and chair of the UN Sustainable Development Group, reaffirming the enduring partnership between Qatar and the UN and their shared commitment to advancing a just, inclusive, and sustainable future. A series of high-level meetings with leaders from the development field were also convened to explore avenues for deeper cooperation addressing global development priorities.
Fahad Hamad al-Sulaiti, director general of QFFD, emphasised:“QFFD believes that transformative change can only be achieved through collective action. These agreements reaffirm our commitment to work hand-in-hand with governments, the private sector, and international partners to build a just, inclusive, and sustainable future. They also underscore the importance of high-impact partnerships and innovative financing mechanisms in addressing persistent gaps and global challenges, ensuring solutions that are locally driven, scalable, and sustainable.”QFFD Qatar Fund for Development UNGA80 United Nations

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