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MDG and International Cooperation

Financing Post-2015: A quick run-down of the expert committee’s report

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Drip irrigation system introduced in the farmlands of Akmola region in Kazakhstan. Photo: UNDP in Kazakhstan

The UN’s inter-governmental committee of experts on sustainable development financing met for the last time this month to put the final touches to their much anticipated report on how the world should finance the post-2015 Sustainable Development Goals – or SDGs. I’ve had the opportunity to attend many of the committee’s sessions, and they’ve had a mammoth task. So what have they come up with? You can read the full report here, but below is a quick heads-up. The range of issues they’ve had to cover is massive: from assessing how much cash is needed to finance sustainable development to thinking about where the cash could come from and where these funds should be directed. The report draws up a ‘menu of options’ for the financing of sustainable development. This allows policymakers in different countries to make choices as to what policies and financial instruments are most suited to them. That makes perfect sense of course; the strategy that will be best for a climate-vulnerable small island state such as the Maldives won’t necessarily be the same for a larger resource-rich country such as Kazakhstan. On the other hand, it could also lead governments to ‘cherry-pick’ among the ideas presented, and... Read more

Making sense of the world we live in: The development contribution

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South Sudanese refugees in a Refugee Settlement in Northern Uganda. Photo: F. NOY/ UNHCR

It’s hard to remember a time when more crises were jostling for space in the headline news, or when the world’s leading diplomats, like Secretary of State John Kerry and the UN Secretary General, were engaged in shuttle diplomacy on so many issues simultaneously. Top of mind by late last month were the conflicts in Gaza and eastern Ukraine, Syria, Iraq, Libya, South Sudan, Central African Republic and Mali, Nigeria. Meeting the costs of humanitarian relief is proving overwhelming. By the end of June this year, UN coordinated appeals for humanitarian crises had already reached $16.4 billion. This was before the latest conflict in Gaza began, and before a lot of the fighting in eastern Ukraine.  Could more be done to anticipate, prevent, or mitigate these traumatic events? The short answer is – yes and there is a compelling need to try to get ahead of the curve of future crises and disasters, to avert huge and costly development setbacks and lives lost.   Rough estimates suggest that for every dollar spent in disaster preparedness and mitigation, seven dollars will be saved when disaster strikes. It is also true that spending in fragile states which have been or still are immersed in conflict does... Read more

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