Qatar provides additional $10m for UNDP Accelerator Labs – The Peninsula

Qatar provides additional $10m for UNDP Accelerator Labs – The Peninsula

New York: The United Nations Development Program (UNDP) and the Qatar Fund for Development (QFFD) renewed their partnership this week with a commitment of an additional $10m for the UNDP Accelerator Labs, the fastest and largest learning network on sustainable development working in 115 countries.

The two organisations signed a renewal agreement for the period 2022-2025, bringing Qatar's total support to the UNDP Accelerator Labs at $30m. From climate change to the future of work to digital transformation, the UNDP Accelerator Labs are defined by their ability to find, test, and iterate solutions and to learn from local innovators to advance learning on how to solve the global development challenges.

With this investment, the Fund reaffirmed Qatar’s role, through this investment, as a visionary founding investor of the UNDP Accelerator Labs, together with the Federal Ministry for Economic Cooperation and Development of Germany.

QFFD Director General Khalifa Al Kuwari said a significant objective of QFFD is the accomplishment of inclusive and sustainable development. "The renewal of the partnership with UNDP is a successful step towards this target. We are honoured to continue our collaboration with such an important partner to fulfil the development needs in an innovative and unconventional way."

Al Kuwari added: “We