Resolution on Financing for Peacebuilding: Two Years On, From Theory to Practice

September 21, 2024 | 5:00–6:30 p.m. (ET)

Sweden Permanent Mission to the UN, 885 Second Avenue, 46th Floor, New York, NY

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The adoption of the UN General Assembly’s Resolution on Financing for Peacebuilding (A/RES/76/305) in 2022 marked a pivotal moment in the journey towards transforming how the international community finances peacebuilding efforts. This resolution not only reaffirmed the global commitment to peace but also set the stage for practical, scalable examples of how innovative and flexible financing mechanisms can be mobilized to support peacebuilding in conflict-affected regions.

Purpose

The purpose of this event is to portray the journey since the adoption of the Resolution (A/RES/76/305) which has spurred the development of concrete initiatives and partnerships that exemplify the principles it enshrines. For instance, the Investing for Peace (I4P) initiative and its Specialized Investment Vehicle (SPV) for Peace, proposed by a coalition led by Germany’s Federal Foreign Office and the United Nations Capital Development Fund (UNCDF), embodies the spirit of the resolution. This initiative aims to finance peace-positive business models that not only benefit conflict-affected populations but also address the root causes of conflict and instability. By integrating peace-enhancing mechanisms into investments, the SPV lowers risks for investors while strengthening community resilience.

Speakers

• Marie-Laure Akin-Olugbade, Vice President, African Development Bank
• Itonde Kakoma, President, Interpeace
• Ambassador Martin Kimani, Executive Director, New York University – Center for International Cooperation
• Pradeep Kurukulasuriya, Executive Secretary, United Nations Capital Development Fund
• Ambassador Mathu Joyini, Permanent Representative of South Africa to the United Nations, New York
• Ambassador Anna Karin Enström, Permanent Representative of Sweden to the United Nations, New York
• Elizabeth Spehar, Assistant Secretary General, United Nations Peacebuilding Support Office

Visit the Summit of the Future website for more details.