United Nations Industrial Development Organization (UNIDO)
Context
The Union Minister for Chemicals and Fertilisers hoped that United Nations Industrial Development Organization (UNIDO) will support domestic industry with international best practices and policy & technical assistance.
Analysis
- United Nations Industrial Development Organization (UNIDO) is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization, and environmental sustainability.
- As of 1 April 2019, 170 States are Members of UNIDO (including India).
- As described in the Lima Declaration, the United Nations Industrial Development Organization (UNIDO) mission is to promote and accelerate inclusive and sustainable industrial development (ISID) in the Member States.
- UNIDO’s mandate is fully recognized in SDG-9, which calls to “Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation”.
- Accordingly, the Organization’s programmatic focus is structured in four strategic priorities:
- Creating shared prosperity
- Advancing economic competitiveness
- Safeguarding the environment
- Strengthening knowledge and institutions