During the month of May 2011, Cameroon, Mexico, and Andorra contributed to the International Fund for Cultural Diversity (IFCD). This marked Cameroon's first contribution (US$4,368.45). Mexico and Andorra made their third and fourth contributions, respectively (US$71,208 and US$14,306.20).
The International Fund for Cultural Diversity is a voluntary multidonor fund that seeks to promote sustainable development cooperation and reduce poverty to help foster a vibrant culture industry in developing countries. IFCD resources come from voluntary contributions from Parties and other states, regional and international organizations, public and private bodies, and individuals. The Conference of Parties recommended that Parties make annual contributions to IFCD of at least 1% of their countries' contributions to the UNESCO budget.
As of May 17, 2011, a total of US$3,827,080.40 had been collected in the fund.