Georgia becomes chair of Paris-based Secretariat of Innovative Financing

Georgia has become the chair of the Paris-based Permanent Secretariat of the Leading Group on Innovative Financing.

Assuming the chairmanship at the United Nations (UN) headquarters in New York last night, Prime Minister Giorgi Kvirikashvili hoped that Georgia will thus contribute to global efforts aimed at promoting innovative funding.

We look forward to taking over this new role and galvanising global action in coordination with the UN, government, private and civil society partners”, Kvirikashvili said.

Georgian Prime Minister Giorgi Kvirikashvili is leading the Georgian delegation at the 72nd session of the United Nations General Assembly in New York. Photo by PM's press office

Taking the role of chairperson Georgia will now act as a leader in promoting innovative financing for development and disseminate relevant messages to the international community.

Kvirikashvili said that Georgia's Government-initiated Solidarity Fund is a good model of innovative funding for a specific health intervention – high cost treatment of children and youth living with cancer, which has already mobilised over 60,000 civil servants and 50 companies to take action.

High-level event "Galvanising Innovative Financing for 2030 Sustainable Development Goals" was organised by France and Permanent Secretariat of the Leading Group on Innovative Financing. Photo by PM's press office

Parliament member, co-founder and former head of the Solidarity Fund Mariam Jashi will represent Georgia as the Chairwoman of the Secretary.