This solidarity fund is made up of 0.7% of the salaries of the Basque Government and Osakidetza workers that have voluntarily signed up.Ihobe has joined the Zer0,7 initiative of the Basque Government, which means that the employees of the environmental management corporation can voluntarily contribute 0.7% of their gross pay to this solidarity fund which finances cooperation projects.
The fund was set up by 1998 by Basque Government and Osakidetza workers to back the widespread demand to earmark 0.7% of GDP to fund development cooperation projects. The Zero0,7 Fund was therefore set up as an independent and non-denominational organisation to contribute to the fight against poverty and exclusion, particularly in southern countries.
The Zer0,7 Fund does not organise its own
cooperation projects, but rather hosts a call for applications open to the
NGDOs that operate from the Autonomous Community of the Basque Country. The
partners vote directly to select the projects to be funded.
In 2010, over 215,000 euros were allocated to fund
four projects, including setting up a health centre for the victims of the war
in the Congo and to reinforce integral sewage and water community management in
Reconstruction after Hurricane Stan and the setting
up of a child care centre in Mozambique were other projects funded in previous
03 July, 2012.