The fund was launched to support activities, actions, programmes and organisations that seek to build a lasting peace in countries emerging from conflict.
"We hope that the Peacebuilding Fund will be able to attract much greater funding as we go along so that the UN efforts to build and sustain peace can have greater impact on the ground," India's Deputy Permanent Representative to the UN Ambassador Tanmaya Lal said yesterday at the fund's annual stakeholders' meeting.
"India has always argued for comprehensive sustainable development, inclusive economic growth and political processes for preventing conflict as well as undertaking effective peacebuilding efforts," Lal added.
He said that this was obviously not easy and required a long-term commitment and sustained investment, including a vastly expanded funding. He noted that for UN's own peacebuilding efforts to have an impact, a significantly enhanced level of funding is required.