The Labour party says it sees the so-called Saudi initiative - which calls for an Israeli withdrawal to the 1967 border in exchange for relations with Arab countries - as the basis for a peace deal and would aim for a full agreement "within two years".
The aim of IHP is also to improve the scientific and technological basis on which to build sound managing methods for water resources, respectful of the environment.
The budget is worked out on the basis of two children and a teacher travelling from every secondary school in England, with the aim that the funding will encourage schools to take larger groups.