Former Senator Timothy E. Wirth, President of the United Nations Foundation, today applauded the announcement by President George W. Bush and Indian Prime Minister Dr. Manmohan Singh that their countries would provide significant financial contributions to the newly created United Nations Democracy Fund. In fulfilling this pledge, the United States and India will contribute $10 million each to the fund this year.
“The initiative of President Bush and Prime Minister Singh will greatly strengthen the UN’s ability to support emerging democracies in the future and is one that other countries, particularly in the developed world, should emulate,” said Senator Wirth. “Promoting and strengthening democracy plays a critical role in assuring a more peaceful and stable world.”
The UN Democracy Fund calls on nations to support fledgling democracies around the world. Its creation has long been a goal shared by both the United States and the United Nations. The Fund was first proposed by President George W. Bush in 2004 in a speech to the UN General Assembly, with the formal creation of the Fund announced by Secretary-General Kofi Annan on July 4, 2005.
The creation of the Democracy Fund also represents an important step towards consensus leading up to the 2005 World Summit in September where heads of state from around the world will come together to discuss the vital and important task of reforming the United Nations.
“As a major tenant of the U.S.’ reform agenda and an important piece of Secretary-General Annan’s reform report, these contributions add significantly to the momentum for reaching consensus among Member States leading up to the Summit,” Senator Wirth added.
The United Nations Foundation also highlighted the creation of the Fund in advertisements appearing today in The Weekly Standard and The National Review. To see the ad, click here.
The UN Foundation was created in 1998 with businessman and philanthropist Ted Turner’s historic $1 billion gift to support United Nations’ causes. The UN Foundation promotes a more peaceful, prosperous, and just world through the support of the UN. Through its grant making and by building new and innovative public-private partnerships, the UN Foundation acts to meet the most pressing health, humanitarian, socioeconomic, and environmental challenges of the 21st century.