Bringing together representatives of the UN, the Government, bilateral and multilateral donors and civil society, the Committee is tasked with overseeing the selection of projects and the allocation of funding.
Set up last year by the Secretary-General, the Peacebuilding Fund is designed to serve as a bridge between the phases of conflict and recovery, a period when other forms of financing are often not available to struggling nations. So far more than $248 million have been committed.
Source: UN News Service
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