Launching the Funding Facility For Expanded Stabilization
The United States was the first major donor, with $50 million, to pledge funding to the new UNDP Funding Facility for Expanded Stabilization. FFES facilitates recovery and resilience in Da’esh liberated areas, providing project-specific funding to support rehabilitation of facilities to restore critical, public services and create jobs.
The UN estimates that teaching colleges, hospitals, and universities eligible for FFES support will be able to employ an estimated 17,000 to 20,000 people in each of the areas previously devastated by Da’esh.
Long-Term Commitment to the People of Iraq
In addition to securing immediate funds for near-term humanitarian needs and critical stabilization programming, the Pledging Conference in Support of Iraq secured more than $200 million in commitments for 2017 and 2018 to address demining, stabilization and humanitarian needs.
This funding pipeline provides international organizations and NGOs with the flexibility and programing safety-net required to address unforeseen humanitarian crises or respond rapidly to evolving stabilization challenges.
(Source: US State Dept)
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