Deputy government spokesperson Ratchada Thanadirek said the fund aims to raise US$2 billion and will be operated for two years.
“The Cabinet has given the Thai ambassador, who acts as a permanent representative of Thailand to the United Nations, to sign the pact with the United Nations Development Programme [UNDP],” she said.
“The Foreign Ministry has earmarked US$100,000 or about Bt3.3 million for the fund.”
She added that the move is part of Thailand’s contribution to the UN mission to deal with the Covid-19 pandemic.
“This is also an opportunity for Thailand to support the UN’s efforts to achieve sustainable development goals,” she added. “As of June, many countries, including the Netherlands, Denmark, Norway, Switzerland and Slovakia had contributed to the fund.”