The Peace Fund will invest in programmes that advance a two-state solution, help reduce division, strengthen civil society, and support dialogue and cooperation within and between Israeli and Palestinian communities, building the foundations for peace, a joint statement between the three governments say.

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The fund will seek to scale up and ​attract ​additional donors ⁠once operational.

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Fund announced ahead of meeting ​in Britain between UK ​foreign ⁠minister Yvette Cooper and her Australian and Canadian ⁠counterparts, ​Penny Wong and ​Anita Anand.

[Edit typo.]