Iceland will help WFP to reach zero hungerStaff Writer | September 26, 2016
Iceland and the United Nations World Food Programme (WFP) signed an agreement to provide multi-year funding for WFP’s work towards Sustainable Development Goal 2 of zero hunger by 2030.
Funding Sustainable Development Goal 2
“Through this framework agreement with WFP, Iceland is following up on its commitments from the World Humanitarian Summit, to provide predictable and flexible life-saving funding to improve support to those in need of humanitarian assistance, according to humanitarian principles and good humanitarian donorship,” said Minister Alfreðsdóttir.
“Reaching the most vulnerable groups is essential, and through this agreement with WFP, we can do that and ensure that gender equality and women's rights become pillars of humanitarian action,” she added.
Within Iceland’s humanitarian policy, WFP remains a key UN partner organization to Iceland.
Flexible funding is the lifeblood of humanitarian operations; it is also critical to WFP’s ability to react fast in emergencies as well as maintain support for neglected crises.
Inspired by the “Grand Bargain” proposed at the World Humanitarian Summit earlier this year, under which donors committed to more flexible funding and aid agencies to greater transparency and cost-consciousness, Iceland will provide WFP with funds that are not earmarked for specific countries or specific operations.
Over the next five years and through the Strategic Partnership Agreement, Iceland’s contribution to WFP will be at least ISK 250 million ($2.2 million) in fully flexible funding.
The agreement also allows for earmarked contributions, as the Government of Iceland plans to complement its flexible funds with directed contributions. ■