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  US join hands to support Nepal Peace Trust Fund  
 

REPUBLICA

KATHMANDU, Dec 10: U. S. Ambassador to Nepal, Peter W. Bodde on Monday signed a memorandum with the Ministry of Peace and Reconstruction (MoPR) acknowledging a U.S. Agency for International Development (USAID) contribution to the Nepal Peace Trust Fund (NPTF).

The USAID will support the peace process as a contributor to the Fund and as a participant in the Technical Cooperation Pool for Capacity Development (TC Pool) during the current life of the NPTF, said a press statement issued by the US Embassy in Kathmandu.

The U.S. Government is providing $500,000 to the NPTF to support conflict-affected communities, transitional justice, future elections, public infrastructure reconstruction, and other peace commitments.

According to the statement, the USAID will also hire a Gender Equality and Social Inclusion Advisor as part of the TC pool. The Advisor will serve to strengthen the ongoing work within the Ministry and Peace Fund Secretariat gender units and address gender and inclusion within NPTF programs.

USAID´s initial commitment is $550,000 to the TC Pool and $500,000 to the NPTF, for a total contribution to the MoPR of $1,050,000.

Speaking at the ceremony, U.S. Ambassador Bodde said, “The U.S. Government´s partnership with the Government of Nepal in this effort further demonstrates our commitment to helping the people of Nepal realize the benefits of peace and the promise of prosperity.”

He further stated “We recognize the Ministry´s and the Peace Fund Secretariat´s work to implement the commitments of the 2006 Comprehensive Peace Accord through the Fund´s programming.”

USAID´s support to the Fund, in partnership with other international donors, also represents its commitment to donor coordination and harmonization of assistance for aid effectiveness, the statement said.

Nepal is the first and only country to lead a joint donor-host government trust fund. Since its inception in 2007, the NPTF has funded Government of Nepal institutions to implement Comprehensive Peace Accord programs such as support to conflict-affected people, elections, cantonment management, and infrastructure reconstruction.

MOPR, mandated to implement the 2006 Comprehensive Peace Accord co-chairs the NPTF with the Ministry of Finance. To date, the Government of Nepal has allocated $100 million and donors $50 million to the NPTF, which ends in January 2016.

 
Published on 2012-12-10 19:52:15
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US Join Hands To Support Nepal Peace Trust Fund
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