Vision Zero Fund in Myanmar
At an international conference held in Yangon, Myanmar, in June 2016, Yasmin Fahimi, State Secretary at the Federal Ministry of Labour and Social Affairs, will launch the “Vision Zero Fund”, a global prevention fund. The Fund aims to support projects at production sites abroad, helping to establish labour inspectorates, public structures for safety and health at the workplace, accident insurance schemes and sustainable initiatives at the company level. Myanmar is the first pilot country. At the initiative of the Federal Ministry of Labour and Social Affairs, the G7 Heads of State and Government decided to set up the Vision Zero Fund when they met in Elmau in 2015 during Germany’s G7 Presidency. The International Labour Organization (ILO) will support the implementation of the Fund’s projects. Initially, the Fund will have a volume of 8 million US dollars committed by the German government, the US government and the European Commission.