International Funding
International funding refers to financial resources provided by governments, organizations, or institutions to support projects and initiatives across national borders. This funding can come from various sources, including international organizations like the World Bank or United Nations, as well as non-governmental organizations (NGOs) and private investors. The purpose of international funding often includes promoting economic development, humanitarian aid, and addressing global challenges such as climate change.
These funds can be allocated for various sectors, including education, health, infrastructure, and environmental protection. By facilitating collaboration between countries, international funding aims to enhance global cooperation and improve living standards in developing regions. It plays a crucial role in achieving the Sustainable Development Goals (SDGs) set by the United Nations.