IBSA Fund - 2017 Overview of Project Portfolio

from UN Development Programme
Published on 27 Nov 2017 View Original

The India, Brazil and South Africa Facility for Poverty and Hunger Alleviation

The India, Brazil and South Africa Facility for Poverty and Hunger Alleviation (IBSA Fund) is a remarkable example of cooperation among three developing countries, which pioneered the implementation of south-south cooperation initiatives for the benefit of other southern countries in partnership with the united Nations system. its purpose is to identify replicable and scalable projects that can be disseminated to interested developing countries as examples of best practices in the fight against poverty and hunger. the ibsA Fund, which was established in 2004 and became operational in 2006, supports projects on a demand-driven basis through partnerships with local governments, national institutions and implementing agencies. initiatives are concrete expressions of solidarity, and objectives range from promoting food security, to addressing hiv/Aids, to extending access to safe drinking water – all with the aim of contributing to the achievement of the sustainable development goals (sdgs). important concerns of ibsA partners in the design and implementation of the Fund projects include capacity-building among project beneficiaries, built-in project sustainability, and knowledge-sharing among southern experts and institutions. the successes and innovations of the ibsA Fund have been recognized by governments, united Nations officials, academics and development practitioners.