The foreign ministry said it decided to phase out its funding by 2024 following an external evaluation, saying the Geneva Initiative was important in the beginning but its effectiveness and impact diminished over the past two decades.
It also lacked political backing both from Israel and the occupied Palestinian territory, according to a statementExternal link released on Tuesday.
Switzerland has contributed about CHF18 million ($19.7 million) to the initiative since its launch in 2003. From 2009 it gradually reduced its annual financial support from CHF1 million to CHF180,000 last year.
The Geneva Initiative led to the Geneva AccordExternal link nearly 20 years ago and is considered a reference document to show options for a two-state solution between Israel and Palestine.
The Swiss foreign ministry said it remains committed to promoting peace in the Middle East and it would allocate the funding for the Geneva Initiative to other similar efforts as of next year.
Macron will attend Swiss summit on Ukraine, says Zelensky
This content was published on
French President Emmanuel Macron will attend the peace conference on Ukraine at the Swiss Bürgenstock resort next month, according to Volodymyr Zelensky.
Top politician tells ‘corrupt’ Eurovision to stay away from Bern
This content was published on
A social media post by the president of Bern’s cantonal government critical of the Eurovision Song Contest has created waves and will be discussed in the cantonal parliament.
Swiss centre records over 200 victims of human trafficking
This content was published on
Last year 317 people took part in a protection programme run by the Specialist Unit for Trafficking in Women and Women’s Migration (FIZ) in German-speaking Switzerland.
This content was published on
The Geneva-based International Committee of the Red Cross (ICRC) and partners are opening a field hospital in southern Gaza on Tuesday.
Lack of smartphone sustainability in Switzerland hits environment
This content was published on
Almost half of all Swiss citizens hang on to their old smartphones, tablets and laptops, according to the Federal Statistical Office.
Police clear out pro-Palestinian students protesting in Geneva
This content was published on
The police intervened early on Tuesday to dislodge pro-Palestinian students who had been occupying the University of Geneva for almost a week.
New gel developed in Zurich renders alcohol harmless
This content was published on
A newly developed gel composed of whey proteins breaks down alcohol in the body and could reduce its harmful and intoxicating effects in humans.
Pro-Palestine protests extend to Basel and Fribourg universities
This content was published on
Demonstrators called for an academic boycott of all Israeli institutions and disassociation with Chaim Weizmann, the first Israeli president.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Swiss back efforts to revive Middle East peace process
This content was published on
“We are ready to contribute to this new dynamic towards a just and long-lasting peace … which is based on a negotiated two-state solution,” he declared at the opening of an international conference in Paris on Friday. France convened foreign ministers from major powers to try to put Israeli-Palestinian peace-making back on the international agenda…
This content was published on
Officials at the Swiss Foreign Ministry confirmed that they had sounded out interested parties. They refused to name their contacts, but they are understood to have been in touch with – among others – Israeli, Palestinian and American diplomats. “We are not being selective in our approach. We want to contact all actors playing an…
This content was published on
Dubbed the “Geneva Accord”, the initiative is the brainchild of Swiss academic, Alexis Keller. Six weeks after wrapping up secret negotiations in Jordan, the signatories to the Geneva Accord will officially publish the document at a ceremony in the lakeside city. The launch of the peace plan marks a return to the initiative’s source, because…
This content was published on
A senior Swiss foreign ministry official, Thomas Greminger, confirmed the existence of the so-called “Swiss document” on Thursday, which dates back to 2006. Over the past few days, former Palestinian Foreign Minister and top Hamas official Mahmoud al-Zahar and Palestinian President Mahmoud Abbas, who is also known as Abu Mazen, have publicly discussed the existence…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.