What is the full form of UNIDO?
The full form of UNIDO is the United Nations Industrial Development Organization. It is a United Nations Specialist Organization. It focuses on encouraging and accelerating industrial growth for reducing poverty, full globalisation and environmental protection in member nations. In 1966, UNIDO was founded and it became the United Nations Specialist Organization in 1985. It is the only united Nation organisation that focuses on reducing poverty by generating wealth via production.
Its aim is to promote and accelerate ISID (Inclusive & sustainable industrial development) in the member countries, as defined in the Lima Statement. It assumes that, for the good of the coming generations, ISID is the main factor for sustainable growth. UNIDO headquarters is located in Vienna and its liaison offices are in Geneva, Brussels and New York etc. It has 47 country & regional offices to establish a worldwide field infrastructure.
Structure of UNIDO
- UNIDO has two policy-making entities that are General Conference & the Committee on Industrial Development and a Program & Budget Committee, a subsidiary body of the Committee on Industrial Development.
- There are about 700 UNIDO team members employed at the headquarters and other offices worldwide.
- Its programmes concentrate primarily on the developing nations, the agro-based sectors and small and medium-sized enterprises.
Objectives of UNIDO
- To develop and disseminate information relevant to the industry
- Providing the Member States and other participants with a forum for strengthening cooperation and developing coordination & partnerships
- Development and implementation of programmes aimed at stimulating business development in emerging and transition economies.