Completed Development AidData Chinese Aid

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

$1.13M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Bangladesh \|Government of Cambodia\|Government of Laos\|Government of Myanmar (Burma)\|Government of Nepal\|Government of Timor-Leste
Country	Asia, regional
Start Date	Jan 01, 2018
End Date	Jan 14, 2031
Duration	4,761 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108797`

Grant Description

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

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

📚 Sources & References

New assistance measures for graduating Belt and Road least developed countries (LDCs) toward the achievement of Agenda 2030 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.