UNESCO faces losing about a fifth of its funding – $70 million annually – as a result of its approval of Palestinian membership. The US is its largest single funder, providing 22 percent of its annual budget, according to The New York Times. The loss would result in immediate cuts to programs and personnel.
UNESCO is responsible for promoting international collaboration on education, science, and culture. It is perhaps best known for its recognition and occasional funding of World Heritage Sites, which are sites of cultural or physical significance.
