Global Outlook on Financing for Sustainable Development: Time to face the challenge

Event Type
Presentation and Discussion

Location / Date
Bonn, 19.12.2018

German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

Financing the Sustainable Development Goals (SDGs) in developing countries is a major challenge. Urgent and bold action is needed to implement the AAAA and fulfil the promise of the 2030 Agenda for Sustainable Development. Financing sustainable development is an investment in the well-being of all nations. OECD countries must face the challenge.

Mobilising more finance for developing countries is not enough. The quality – or the “sustainable development footprint” – of all finance must also be enhanced. Collectively, we need to move from “billions to trillions” but also to “shift the trillions” already in the financing system towards sustainable development investments.

The OECD’s Global Outlook on Financing for Sustainable Development 2019 makes recommendations for reforms in three areas: (1) better measurement of the quantity and quality of finance for the SDGs; (2) better incentives to direct the finance already available globally to the SDGs; and (3) better co-ordination of actors to connect the supply and demand for financing for sustainable development in developing countries.

Programme:

Expert speakers discussed the findings and debate the way forward, including:

Introduction and moderation

• Stephan Klingebiel (DIE)

Presentation of the report

• Haje Schütte (OECD)

Open Q&A

Hinweis

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