Explanation:

This will be the first time that India has entered into a partnership with the UN in a triangular cooperation with fellow developing countries. The establishment of the fund is aimed at reducing poverty and hunger, improving health, education, water, energy and equality etc. in LDCs and other developing countries. The United Nations Office for South-South Cooperation (UNOSSC) is a knowledge hub providing advisory and consulting services to all stakeholders on South-South and triangular cooperation. It enables developing countries to effectively face their development challenges and harness opportunities to address them.