South-South and Triangular Cooperation (SSTC) as a tool for global sustainable development
South-South and Triangular Cooperation (SSTC) has emerged as a vital complement to traditional aid, focusing on solidarity, mutual respect, and shared learning among developing nations. India has taken a leadership role, championing SSTC through initiatives like the India-UN Development Partnership Fund and the Voice of the Global South Summits. By sharing digital public infrastructure (Aadhaar, UPI) and cost-effective innovations in climate resilience and health, India is helping other nations achieve the 2030 Agenda for Sustainable Development. SSTC offers better returns on investment and is crucial as funding for traditional humanitarian sectors declines.
Key Points
- SSTC is based on the 1978 Buenos Aires Plan of Action (BAPA) for technical cooperation among developing nations.
- India promotes its digital public infrastructure (DPI) models, like UPI and Aadhaar, as scalable solutions for the Global South.
- The India-UN Development Partnership Fund has financed 75 projects across 56 developing countries since 2017.
- SSTC focuses on cost-effectiveness, replicability, and contextual relevance in addressing global challenges like climate change.
Exam Facts
- September 12 is recognized by the UN as the Day for South-South and Triangular Cooperation.
- The India-UN Development Partnership Fund was established in 2017.
- Sustainable Development Goal 2 (SDG 2) aims for 'Zero Hunger'.
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