A major task for policy-makers in financing the 2030 Agenda will be to devise financing solutions to attract and direct investments to areas where greater co-benefits and multiplier effects can be achieved. This online platform provides guidance to review and operationalize those financing solutions needed to implement sustainable development strategies - a national development plan, the country's biodiversity strategy or Nationally Appropriate Mitigation Actions.
WHAT DOES THE PLATFORM DO?
The development of the domestic financial sector and the integration of local, national, regional and international markets have increased the number of options the public and private sector can choose from to invest in the Sustainable Development Goals (SDGs). This platform offers a compass to navigate across those options or financing solutions. It describes their potential, advantages, disadvantages, risks and characteristics. It profiles case studies and refers to external sources, including e-learning and advanced guidance material. The importance of investing in sustainable development is highlighted in the video below.
HOW CAN SOLUTIONS BE SEARCHED?
The search menu on the right column helps to navtigate across the different financing tools, instruments and strategies. You can search for the financial result(s) to achieve, the financial instrument(s) used, and the relevant sector(s) or Sustainable Development Goal(s). All solutions are also listed alphabetically in the "Solutions" section. For additional information on the search and tagging system please visit the "How to use this platform" section.
This website is a BETA VERSION. Suggestions and contributions are welcome at email@example.com.
The platform is guided by three overaching principles:
- Efficiency: public and private finance must be used catalytically. That is, to plan wisely, allocate resource for results and leverage multiple sources of finance.
- Effectiveness: finance solutions should not be framed in silos. They should be combined to deliver multiple economic, social and environmental benefits and be risk-informed.
- Equity: countries and people need to fairly participate and benefit. The financial market and the multiplication of financial flows have largely benefitted a fewer economies, sectors, and groups.
How to tackle various forms of risk – from extreme weather events to commodity price shocks, disease outbreaks and over-indebtedness – was high on the agenda of the 2017 Financing for Development (FfD) Forum at the UN. it is unsurprising there is renewed interest in financial instruments and innovations designed to reduce vulnerability to risk – and to help countries cope when crises occur.Read more
Bankrolling sustainable development cannot happen through global financing agendas alone, but should instead be built from a bottom-up, holistic and context-driven approach. As countries strive to manage increasingly complex financing flows at the national level, as domestic public and private resources increase, and as the sources of external resources diversify, we need urgent and targeted solutions.Read more
As it is the International Year of Sustainable Tourism, it is worth noting the role biodiversity and ecosystems play as the backbone of tourism in many places, and the crucial role that the tourism sector can play in conserving biodiversity. This is undeniably a nexus to pursue, particularly for financing effective conservation. Read more
Current domestic resources and ODA combined will be insufficient to finance the 2030 Agenda. Against this background, the 48 Least Developed Countries’ abilities to harness and make effective use of a broader suite of financing instruments to fund their sustainable development becomes a development imperative.Read more