Completed Development AidData Chinese Aid

The United Nations Peace and Development Trust Fund allocates USD $1,119,311 to bolster investments in Ethiopia

$1.12M USD

Funder	Unspecified Chinese Government Institution
Recipient Organization	Government of Ethiopia
Country	Ethiopia
Start Date	Jan 01, 2018
End Date	Jan 04, 2032
Duration	5,116 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108822`

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 January 2019 and June 2022, USD $1,119,311 was allocated from the 2030 Agenda for Sustainable Development Sub-Fund to strengthen the institutional frameworks and capacity building to improve the overall investment climate in Ethiopia as the pilot country. The goal of the project was to promote local institutions, mindful of local needs and development priorities.

The project enhanced knowledge and information exchange on BRI related investments.

The United Nations Development Programme (UNDP) implemented the project in collaboration with national authorities and the private sectors of China and Ethiopia. As part of the initiative, the UNDP organized training programs in Beijing and Shenzhen, China.

Training included awareness on the environmental, social, and governance (ESG) approach and promoted China's best practices in sustainable investment. 28 participants attended the training sessions.

📋 Staff Comments

The UNPDF reference number for this project is PDF-SDG-2018-10.
The commitment date, implementation start date, and completion date are estimated based upon the project's year of approval and duration.

📚 Sources & References

Promoting Sustainable Investments along the Belt and Road by Strengthening Partner Countries Capacities and Establishing a Network of Sustainable Investment Promotion (SIP) Facilities with Ethiopia as the Early Pilot 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.

All Grantees

Government of Ethiopia

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