The United Nations (UN) Launched today, Wednesday, its fund called” Unitlife” which aims at fighting chronic nourishment in the world along with handling the issue of food safety around the globe.
The organization declared the inauguration of that fund on the margins of the “Forum of Equality between Generations” which is chaired by the UN Agency for Women (UNAW).
Both governments of France and Mexico host that forum.
The Unitlife Fund was founded through cooperation between the (UNAW), the UN Fund for Productive Projects. Office of Abu Dhabi Crown Prince, and France.
The Emirati news agency ( WAM) said that his highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi has ordered to donate % 2,5 million as largesse to support the Unitlife Fund.
Reem Bint Ibrahim Al Hashemy, Minister of International Cooperation in the United Arab Emirates (UAE) declared during her speech to the forum that her country supports the Unitlife Fund and the efforts to protect millions of children susceptible to chronic malnourishment around the world.
It is worth noting that Unitlife’s mission is to prevent chronic malnutrition. It works with governments, nutrition groups, and civil society, organizations to identify non-profit organizations which have previously demonstrated results in preventing chronic malnutrition. Management of the fund invites all parties to submit a project proposal, which is assessed by leading national and international experts. This assessment is submitted to Unilife’s Executive Board, which includes the Ecobank Foundation.
Unilife’s Executive Board unanimously decides on the project to be funded, based on this independent assessment, ensuring a fair and transparent process.
The fund does not distribute food but instead, it supports communities in building food systems that allow people to grow or access the nutritious foods they need.
It only takes 1% of each contribution to pay for the cost of managing the funds. The rest of the contribution is transferred to the implementing agency which may use no more than 7% as administrative costs. The remaining 92% directly serves project implementation.
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