ADDIS ABABA (IOM Ethiopia) – The Korea International Cooperation Agency (KOICA) has allocated USD 9.5 million to fund the International Organization for Migration’s (IOM) work to support the Government of Ethiopia’s sustained efforts (through the Ministry of Peace) on enhancing community-led solutions towards economic resilience and enhanced social cohesion leading to sustainable peace.
This project is a joint initiative led by the Ethiopian Ministry of Peace which aims to strengthen area-based and community-based peacebuilding and recovery processes that will increase access to sustainable livelihoods. The initiative also aims to reach 600,000 vulnerable people including Internally Displaced Persons (IDPs), host-communities and returned IDPs in conflict-affected areas in Ethiopia.
“IOM is very grateful for KOICA’s generous support. With this funding, conflict-affected communities and other vulnerable persons will be able to get needed assistance to improve their lives and build up economic resilience, contributing to sustainable peace in the country,” said Jian Zhao, Acting Chief of Mission for IOM Ethiopia.
During the launch of the project (19/07), Kim Sun Young, Deputy Country Director of KOICA Office in Ethiopia, highlighted the need to link humanitarian support with development initiatives and peacebuilding. “Such an approach not only addresses immediate concerns of the displaced, returnees, and refugees but will also sustain peace and development. Without peace, there is no development,” she added.
This project is one of the largest ones relating to peacebuilding funded by KOICA.
About KOICA
The Korea International Cooperation Agency (KOICA) was established as a governmental agency dedicated to providing grant aid programs of the Korean government in April 1991. KOICA endeavors to combat poverty and support the sustainable socioeconomic growth of partner countries. By doing so, KOICA establishes and strengthens friendly ties with developing countries.
Its mission includes promoting amicable and cooperative relations and mutual exchange by rendering support for economic and social development of developing countries.
With vision of serving both domestically and internationally as a development cooperation platform contributing to accomplish the Sustainable Development Goals (SDGS).
Notably, the organization’s directions are strengthening the ability to achieve the SDGs, accomplishing efficiency and customer-oriented management. improving developing countries’ ability to be self-reliant, increasing the number of development cooperation partners. (From Devex)
Source: IOM Ethiopia