Norway to establish multi-donor UN fund to help low-income countries navigate COVID-19 fallout
COVID-19 has spread rapidly to all continents in the past month and will have especially serious consequences in vulnerable countries. Norway is, therefore, establishing a new multi-donor fund that will better enable the UN to assist low-income countries facing the lasting consequences of the ongoing crisis.
The proposition was well-received by UN Deputy Secretary-General Amina Mohammed and the UN is working to launch it as soon as possible.
The UN is considered to be Norway’s government to be its most important international cooperation body. A joint fund was established in the UN during the 2014 Ebola crisis to contribute to a comprehensive effort in the affected countries, launching emergency assistance and longer-term development projects. With the knowledge and experience from that successful project, Norway is now working to establish a similar fund.