Operationalising Integrated National Financing Frameworks: Mobilising and Managing Financing for the 2030 Agenda
Organized by:
UNDP, Asia-Pacific Development Effectiveness Facility (AP-DEF)
Summary:
Realising the 2030 Agenda will require significant increase in investments[1] from a diverse range of sources, as well as changes in the way existing resources are used and prioritized. The Addis Ababa Action Agenda, which outlines a framework for financing the 2030 Agenda, calls for integrated approaches to financing that are driven at the national level.[2]
Yet, mobilising and channelling resources in the increasingly complex financing landscape presents significant challenges for governments that must now manage many, diverse resource streams in a way that maximize impact. Meeting this challenge will require countries to take a more strategic and holistic approach to financing for development. All actors – public and private, domestic, and international – have contributions to make. However, sustainable development progress will be driven at the country level and, as such, governments will play a critical role.
At the global policy level, the Inter-Agency Task Force of the Financing for Development, in its 2017 and 2018 reports, outlines the need for bringing together different stakeholders with competing interests; setting priorities within budget constraints; and tackling technically complex policy issues often despite limited capacities with country-specificity and responsiveness to changing circumstances. The task is complex, but first steps have been taken in many contexts.
Hosted by UNDP and the Asia-Pacific Development Effectiveness Facility (AP-DEF), the purpose of this side event is to demonstrate the importance of taking a holistic and integrated approach across public and private sectors to financing development at country level; to discuss the emerging experiences in reforms that have taken forward the development of integrated national financing frameworks (INFFs) as envisaged in Addis Ababa Agenda for Action; and to show how establishing such reforms can help pursue the achievement of the SDGs.
This event will provide a valuable contribution to the Forum as it will discuss real achievements and challenges related to establishing INFFs at country level, as well as the practical ways that Member States and development partners can move toward strengthening INFFs.
[1] According to estimates, achievement of the Sustainable Development Goals (SDGs) by 2030 will require $3-5 trillion US annually.
[2] It notes that “cohesive, nationally owned sustainable development strategies, supported by integrated national financing frameworks, will be at the heart of our efforts”. Addis Ababa Action Agenda, paragraph 9. Available at: http://www.un.org/esa/ffd/wp-content/uploads/2015/08/AAAA_Outcome.pdf
Related information:
The event will feature initial remarks by panellists, followed by interactive round-table discussion and Q&A.
Speakers include:
Keynote: Md. Abul Kalam Azad, Principal Coordinator SDG Affairs, Prime Minister’s Office, Government of People’s Republic of Bangladesh
Moderator: Shari Spiegel, Chief of the Policy Analysis & Development Branch, Financing for Development Office, UN DESA
Panellists:
– Noel González, General Director of Planning and Policies for International Development Cooperation of AMEXCID, Government of Mexico
– Representative of the Ministry of Finance and Economic Planning, Government of Rwanda (tbc)
– Pedro Conceicao, Director of Strategic Policy, UNDP
– Samuel Munzele Maimbo, Head of Finance for Development Unit, World Bank
Respondents:
– Fabia Shah, Assistant Director, Development Finance Section, Multilateral Development and Finance Division, Department of Foreign Affairs and Trade, Australia
– Olajobi Makinwa, Chief, Africa, UN Global Compact
Contact:
Emily Davis, Policy Specialist, UNDP, AP-DEF Secretariat
Email: emily.davis@undp.org