The United Kingdom, Australia and Canada announced Thursday the creation of a new International Peace Fund aimed at supporting efforts toward a two-state solution between Palestine and Israel.
In a joint statement, the three countries said the multi-donor fund will support projects designed to advance the conditions for a negotiated two-state solution.
The governments said the initiative will complement ongoing diplomatic, humanitarian and development efforts by supporting organizations working to promote peacebuilding and mutual understanding.
The three countries reaffirmed their commitment to a negotiated two-state solution, describing it as the only viable path to lasting peace.
The UK, Australia and Canada will each contribute initial seed funding equivalent to £1 million ($1.3 million) over three years. The fund will also be open to contributions from other international partners.