pop-logo-verticalCreated with Sketch.

News (3)

View all >

Spotlight 2019: Reshaping governance for sustainability

The 2019 Spotlight Report report dives more deeply into the (global) governance arrangements and institutions that will be necessary to implement alternative policies and to unleash the transformative potential of the SDGs. It offers analysis and recommendations on how to strengthen inclusive and participatory governance and to overcome obstacles and gaps in the implementation of the 2030 Agenda and the SDGs. In doing this, it poses a strong call to action to world leaders just in advance of the SDG Summit in September 2019.

Source: www.2030spotlight.org

Development, Untied: Unleashing the catalytic power of Official Development Assistance through renewed action on untying

In 2015 alone, donor governments around the world spent around US$55 billion – or more than 44 per cent of Real Official Development Assistance (ODA) – on the procurement of goods and services. Such high budgets have the potential to catalyse far-reaching change in the global south. ODA procurement can build local supply chains for essential goods such as foods and medicines; it can incentivise local companies to act in equitable, socially responsible and environmentally sensitive ways; and it can start a chain reaction of local economic growth by getting vital cash into the hands of small businesses in the global south.

Source: eurodad.org

"Financing for Development: Progress and Prospects 2018"

Major report released in advance of the G20 and World Bank/IMF Spring Meetings. There is an increasing interest in socially responsible investing, but that is no substitute for a broader transformation in the financial system. The report states that the current system rewards investors, financiers and project managers that prioritize short-term profits. Similarly, policy makers are excessively focused on short-term considerations. But there is a price to pay. Infrastructure projects are shelved in favour of short term priorities. Small businesses and women remain excluded from the financial system.

Source: developmentfinance.un.org

Documents (8)

View all >

pdf

Development, untied

In 2015 alone, donor governments around the world spent an estimated US$55 billion – or more than 44 per cent of Real Official Development Assistance (ODA) – on the procurement of goods and services. Such high budgets have the potential to catalyse far-reaching change in the global south. However, ‘tied’ ODA procurement, which requires goods and services to be sourced from companies in the donor country, puts the commercial priorities of firms based in rich countries before development impact. This report by Eurodad is calls for a series of key steps and recommendations for bilateral and multilateral donors as well as for international decision-making bodies.

doc

'Blended Finance' - Lipstick On The Public-Private Partnership Pig?

Tom Groenfeldt, FORBES. Public Private Partnerships, (PPPs), which are a controversial source of funding for government projects, are back at the current World Bank IMF meetings in Washington, under a new name — Blended Finance. Proponents say that blended finance is a way to fund the $2.5 trillion a year needed to “support progress towards the Sustainable Development Goals (SDGs) set forth by the United Nations." While the name is new, the concept of joint funding isn't. Wikipedia says that “The concept of blended finance was first recognized as a solution to the funding gap in the outcome document of the Third International Conference on Financing for Development in July 2015.”

pdf

Guaranteeing the Goals: Adapting Public Sector Guarantees to Unlock Blended Financing for the U.N. Sustainable Development Goals

In this paper, the Milken Institute Center for Financial Markets and the Organisation for Economic Co-operation and Development (OECD) partnered to study policy and regulatory issues that are impeding development fnance tools, in particular key guarantees and relevant insurance products, from maximizing private capital mobilization.