Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
UN, December 12 (Xinhua) — China's long-standing approach to targeted poverty reduction offers lessons for many countries around the world, Pradeep Kurukulasuriya, Executive Secretary of the United Nations Capital Development Fund (UNCDF), said in an interview with Xinhua.
"What China has accomplished over the past few years is a model for many countries to learn from. Countries involved in this process and hoping to reduce poverty are finding ways to study and replicate successful models," he said.
According to the agency's source, the UN system has powerful capabilities to support dialogue, negotiations, capacity building, political reform, regulation, and so on. All of this is crucial for achieving development goals, he added.
Equally important, especially in the context of declining aid, is finding ways to leverage private sector financing in the development context, something that hasn't been done before, stressed P. Kurukulasuriya. "That's where UNCDF comes in," he noted.
Calling China an important partner for many of the countries the fund supports, P. Kurukulasuriya said China's strategies for long-term investment, renewable energy investments and poverty reduction are "important lessons" that should be studied and applied in other countries. –0–
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