Skip to content
AidData logo

Overview

The United Nations Peace and Development Trust Fund allocates USD $1,128,229 to provide assistance to graduating Asian Belt & Road countries

Commitments (Constant USD, 2023)$1,135,333
Commitment Year•2018Country of Activity•Asia, regionalDirect Recipient Country of Incorporation•Multiple JurisdictionsSector•Government And Civil SocietyFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2018
Start (actual)
Nov 1, 2018
End (actual)
Oct 1, 2022

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Unspecified Chinese Government Institution

Cofinancing agencies

Intergovernmental Organizations

  • United Nations (UN)

Receiving agencies

Government Agencies

  • Government of Bangladesh
  • Government of Cambodia
  • Government of Laos
  • Government of Myanmar (Burma)
  • Government of Nepal
  • Government of Timor-Leste

Implementing agencies

Intergovernmental Organizations

  • United Nations Conference on Trade and Development (UNCTAD)
  • United Nations Department of Economic and Social Affairs (UNDESA)

Loan description

The United Nations Peace and Development Trust Fund allocates USD $1,128,229 to provide assistance to graduating Asian Belt & Road countries

Narrative

Full Description

Project narrative

In 2016, the Chinese Government pledged to contribute USD $200 million to the United Nations over a ten year period. The United Nations Peace and Development Trust Fund (UNPDF) was established to channel these earmarked funds to specific projects in coordination with the UN. The UNPDF is divided into two sub-funds: The 2030 Agenda for Sustainable Development Sub-Fund and The Secretary-General's Peace and Security Sub-Fund. Approved in 2018 and implemented between November 2018 and October 2022, USD $1,128,229 was allocated from the 2030 Agenda for Sustainable Development Sub-Fund to provide the countries of Bangladesh, Cambodia, Lao People’s Democratic Republic, Myanmar, Nepal, and Timor-Leste with assistance after their graduation from the Belt and Road Initiative. The project helped the participating countries with post-graduation development planning and mitigating the impacts of having to forfeit existing international support measures (ISMs). The project was implemented by the United Nations Department of Economic and Social Affairs (UNDESA), with assistance from UN-OHRLLS and UNCTAD.

Staff comments

1. The UNPDF reference number for this project is PDF-SDG-2018-03. 2. The commitment date, implementation start date, and completion date are estimated based upon the project's year of approval and duration.