{"id":2231,"date":"2024-04-25T13:49:05","date_gmt":"2024-04-25T13:49:05","guid":{"rendered":"https:\/\/sdgnews.com\/?p=2231"},"modified":"2024-04-25T13:49:07","modified_gmt":"2024-04-25T13:49:07","slug":"new-undp-report-showcases-progress-in-building-sustainable-finance-ecosystems","status":"publish","type":"post","link":"https:\/\/sdgnews.com\/ar\/new-undp-report-showcases-progress-in-building-sustainable-finance-ecosystems\/","title":{"rendered":"New UNDP Report Showcases Progress in Building Sustainable Finance Ecosystems"},"content":{"rendered":"\n<p>The report showcases the achievements, lessons and best practices in developing Integrated National Financing Frameworks from around the world<\/p>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/inff.org\/about\/inff-facility\" target=\"_blank\" rel=\"noreferrer noopener\">Integrated National Financing Framework (INFF) Facility<\/a>&nbsp;launched its flagship report, \u2018Making Finance Work for People and Planet: How Countries are Building their Sustainable Finance Ecosystem through Integrated National Financing Frameworks\u2019 at an event on the sidelines of the&nbsp;<a href=\"https:\/\/financing.desa.un.org\/what-we-do\/ECOSOC\/financing-development-forum\/FFD-forum-home\" target=\"_blank\" rel=\"noreferrer noopener\">ECOSOC Financing for Development Forum<\/a>&nbsp;in UN HQ New York. The report underscores the crucial role of country-led, impact-oriented financing strategies in accelerating progress toward the Sustainable Development Goals (SDGs).<\/p>\n\n\n\n<p>According to the report, INFFs are proving instrumental in building a more sustainable, inclusive financing ecosystem at the country level and can be seen as one of the key successes of the 2015 Addis Ababa Action Agenda where they were first introduced.<\/p>\n\n\n\t\t<div data-elementor-type=\"page\" data-elementor-id=\"2169\" class=\"elementor elementor-2169\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1ad85f5 e-flex e-con-boxed e-con e-parent\" data-id=\"1ad85f5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c4c36b5 elementor-widget elementor-widget-heading\" data-id=\"c4c36b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h5 data-elementor-setting-key=\"title\" data-pen-placeholder=\"Type Here...\" style=\"font-family: joanna-nova, sans-serif;font-weight: 400;line-height: var( --e-global-typography-7044a64-line-height );font-size: var( --e-global-typography-7044a64-font-size );letter-spacing: normal;text-align: center\">Change the World - Subscribe Now<\/h5><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392f45d elementor-widget__width-initial elementor-button-align-stretch elementor-widget elementor-widget-form\" data-id=\"392f45d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;step_next_label&quot;:&quot;Next&quot;,&quot;step_previous_label&quot;:&quot;Previous&quot;,&quot;button_width&quot;:&quot;50&quot;,&quot;step_type&quot;:&quot;number_text&quot;,&quot;step_icon_shape&quot;:&quot;circle&quot;}\" data-widget_type=\"form.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<form class=\"elementor-form\" method=\"post\" name=\"Newsletter Signup Footer\" aria-label=\"Newsletter Signup Footer\">\n\t\t\t<input type=\"hidden\" name=\"post_id\" value=\"2169\"\/>\n\t\t\t<input type=\"hidden\" name=\"form_id\" value=\"392f45d\"\/>\n\t\t\t<input type=\"hidden\" name=\"referer_title\" value=\"Climate Disclosure Pushes Ahead: Chevron Down, ESG Pushback Ignored - SDG News\" \/>\n\n\t\t\t\t\t\t\t<input type=\"hidden\" name=\"queried_id\" value=\"3144\"\/>\n\t\t\t\n\t\t\t<div class=\"elementor-form-fields-wrapper elementor-labels-above\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-type-email elementor-field-group elementor-column elementor-field-group-email elementor-col-50 elementor-field-required\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<input size=\"1\" type=\"email\" name=\"form_fields[email]\" id=\"form-field-email\" class=\"elementor-field elementor-size-xs  elementor-field-textual\" placeholder=\"Enter Email Address\" required=\"required\">\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"elementor-field-group elementor-column elementor-field-type-submit elementor-col-50 e-form__buttons\">\n\t\t\t\t\t<button class=\"elementor-button elementor-size-xs\" type=\"submit\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Subscribe<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/button>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/form>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\n\n\n<p>The new report takes stock of the progress with INFFs to date and the outlook and priorities for the future. To date, 86 countries are using the INFF approach to strengthen financing for sustainable development. Thirteen national and subnational governments have an operational financing strategy, and more than 50 countries are implementing reforms shaped through their INFF. Analysis of reforms implemented by 17 of these countries finds $16 billion in new finance leveraged for investment in sustainable development and alignment and scope for alignment of more than $32 billion.<\/p>\n\n\n\n<p><em>\u201cCountries are using INFFs to catalyse a fundamental shift in the financing ecosystem \u2013 aligning government budgets, financial markets and private sector operations with sustainable development, transforming finance into a powerful ally for the planet and its people.&#8221;<\/em> highlighted Achim Steiner, Administrator of United Nations Development Programme (UNDP).<\/p>\n\n\n\n<p><em>\u201cCountry-led and country-owned INFFs can play a key role in translating scaled-up international financing into country-level investments that are aligned with national priorities.&#8221;<\/em> highlighted Li Junhua, Under-Secretary-General for Economic and Social Affairs, United Nations Department of Economic and Social Affairs (UN DESA)<\/p>\n\n\n\n<p>The report provides insights and lessons learned for countries strengthen financing for development using the INFF approach and sets out ten recommendations for the upcoming Fourth International Conference on Financing for Development (FfD4) in June 2025. Key recommendations include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Recognizing INFFs as the primary financial planning tool at the centre of country-level efforts on financing for development, guiding public, private, domestic and international financing policy for sustainable development.<\/li>\n\n\n\n<li>Strengthening public and private institutions to better mobilize and align financing with SDGs.<\/li>\n\n\n\n<li>Encouraging an integrated approach to finance that embeds considerations for climate change, gender equality, and broader sustainability goals across all aspects of financial policy.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-download-report\">Download Report<\/h3>\n\n\n\n<p>The full report can be downloaded<strong>\u00a0<a href=\"https:\/\/inff.org\/resource\/making-finance-work-for-people-and-planet-how-countries-are-building-their-sustainable-finance-ecosystem-through-integrated-national-financing-frameworks\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The report showcases the achievements, lessons and best practices in developing Integrated National Financing Frameworks from around the world The&nbsp;Integrated National Financing Framework (INFF) Facility&nbsp;launched its flagship report, \u2018Making Finance Work for People and Planet: How Countries are Building their Sustainable Finance Ecosystem through Integrated National Financing Frameworks\u2019 at an event on the sidelines of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[28],"tags":[106,61,66,60,67],"class_list":["post-2231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-investment","tag-integrated-national-financing-framework","tag-sdg-news","tag-sdgs","tag-sustainable-development-goals","tag-un-sdgs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v27.3) - 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