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PH makes P2.4-M pledge for UN peacebuilding fund
Published 3 months ago
The PBF may invest with UN entities, governments, regional organizations, multilateral banks, national multi-donor trust funds or civil society organizations. (File photo: Mat Reding/Unsplash)
MANILA – The Philippine government is allocating some USD50,000 (approximately PHP2.4 million) to support the United Nations Peacebuilding Fund for 2021.
“The peacebuilding architecture evolved from an afterthought in the peace process to a principle governing all UN engagements in preventive actions, peacemaking, peacekeeping and post-conflict recovery and reconstruction. It is the UN’s most important role in fulfilling its purpose to spare humanity the scourge of war,” Foreign Affairs Secretary Teodoro Locsin Jr. said Wednesday.