Excellencies,Distinguished colleagues,Ladies and gentlemen
It is my great pleasure to welcome you, jointly with Commissioner Mimica and Administrator Steiner, to this important discussion on integrated national financing frameworks.
It is wonderful to see so many countries embark on implementing integrated national financing frameworks. It is a testament to your commitment to achieve the Sustainable Development Goals, and to our collective ambition to deliver.
I am also proud that the 2019 Financing for Sustainable Development Report of the Inter-agency Task Force, under my chairmanship, has explored this concept, which has resonated so strongly. This is a reaffirmation of the idea contained in the Addis Agenda.
It is an endorsement of this collaborative effort of more than 60 agencies. It also carries for us, the important responsibility to provide you with additional and more detailed guidance. Allow me to say a few words on what we are planning to do in this regard in the coming months.
Excellencies,
In the 2019 FSDR, we made the case that integrated financing frameworks are a powerful tool. They can help countries mobilize and align financing from all sources for their national sustainable development priorities. They are the key to operationalizing the Addis Agenda at the national level. However, I would strongly stress that the Addis Agenda requires a number of actions at the global level. Without these measures, national efforts are not going to yield desired results. Some key systematic changes are needed for unleashing financing for sustainable development.
Having said that, we believe that the INFF will help countries to have cohesive financial plans. We have put forward four building blocks for this effort:
We recognize that the financing challenges you face vary widely – so we will aim to tailor this material to different types of countries.
We also know that the mix of policy solutions will vary, depending on a range of country-specific factors, on political and other considerations. So, we intend to provide you with a set of policy options, as well as a mapping of the support measures and tools that already exist. This will allow you to choose those most relevant to your challenges.
Rather than being prescriptive, we want to provide a ‘guidepost’ that you can use to navigate this challenging process. It can help you to draw on the international community’s support when and where you need it – in a process that is nationally-led and nationally owned – but requires global changes to make it work.
I also want to add that we will constantly seek your feedback to refine the framework so that it remains relevant and useful for your country.
Excellencies,
I look forward to hearing from you about your expectations and intentions for your integrated financing frameworks. I will listen carefully, so that we can provide you with the analytical support you need to make this initiative a success.
Thank you.
It is my great pleasure to welcome you, jointly with Commissioner Mimica and Administrator Steiner, to this important discussion on integrated national financing frameworks.
It is wonderful to see so many countries embark on implementing integrated national financing frameworks. It is a testament to your commitment to achieve the Sustainable Development Goals, and to our collective ambition to deliver.
I am also proud that the 2019 Financing for Sustainable Development Report of the Inter-agency Task Force, under my chairmanship, has explored this concept, which has resonated so strongly. This is a reaffirmation of the idea contained in the Addis Agenda.
It is an endorsement of this collaborative effort of more than 60 agencies. It also carries for us, the important responsibility to provide you with additional and more detailed guidance. Allow me to say a few words on what we are planning to do in this regard in the coming months.
Excellencies,
In the 2019 FSDR, we made the case that integrated financing frameworks are a powerful tool. They can help countries mobilize and align financing from all sources for their national sustainable development priorities. They are the key to operationalizing the Addis Agenda at the national level. However, I would strongly stress that the Addis Agenda requires a number of actions at the global level. Without these measures, national efforts are not going to yield desired results. Some key systematic changes are needed for unleashing financing for sustainable development.
Having said that, we believe that the INFF will help countries to have cohesive financial plans. We have put forward four building blocks for this effort:
- First, assessment and diagnostics, to get a comprehensive picture of existing financing flows, financing needs and costs, risks and binding policy constraints.
- Second, a financing strategy that sets out targeted policy interventions to match resources with needs.
- Third, mechanisms for monitoring, review, and accountability to facilitate informed policy making.
- And fourth, governance and coordination mechanisms to provide political backing and ensure policy coherence.
We recognize that the financing challenges you face vary widely – so we will aim to tailor this material to different types of countries.
We also know that the mix of policy solutions will vary, depending on a range of country-specific factors, on political and other considerations. So, we intend to provide you with a set of policy options, as well as a mapping of the support measures and tools that already exist. This will allow you to choose those most relevant to your challenges.
Rather than being prescriptive, we want to provide a ‘guidepost’ that you can use to navigate this challenging process. It can help you to draw on the international community’s support when and where you need it – in a process that is nationally-led and nationally owned – but requires global changes to make it work.
I also want to add that we will constantly seek your feedback to refine the framework so that it remains relevant and useful for your country.
Excellencies,
I look forward to hearing from you about your expectations and intentions for your integrated financing frameworks. I will listen carefully, so that we can provide you with the analytical support you need to make this initiative a success.
Thank you.
File date:
Thursday, September 26, 2019