The role of data standards in tracking financing for development

14 Jul 2015 by Robin Uyterlinde, Chair of the IATI Steering Committee

 Work is underway with South-South Cooperation providers to extend the IATI Standard to include their specific needs. Indian elections in 2014 inspired several country delegations from the Global South. Photo: Prashanth Vishwanathan/UNDP India
As the Third International Conference on Financing for Development kicks off in Addis Ababa, it is important to focus on how the commitments made will be tracked – at a global level, but most importantly, at country level. The first step in mobilising all of these resources for a common purpose is to publish information in a common way. As Chair of The International Aid Transparency Initiative, I believe we can do just that. … Read more

The macroeconomics of development financing

09 Jul 2015 by Degol Hailu, Senior Advisor, UNDP

Mean years of schooling in countries employing relaxed macroeconomic policies are 1.5 years higher than those which adopted more restrictive policies.
During the summit on Financing for Development in Addis Ababa, the world community will agree to strengthen domestic resource mobilization capacity, increase the availability of external funds, reduce the cost of sending remittances and tackle illicit financial flows. However, all of these measures could be futile if countries adopt macroeconomic policies that are not developmental. In this blog series, our experts share their thoughts on key financing for development issues … Read more

Unlocking the potential of Mali’s youth

08 Jul 2015 by Jean-Luc Stalon, Deputy Country Director of UNDP in Mali

Youth in Mali. Credit: Harandane Dicko / UNDP in Mali
With its youthful population and track record of civil crises, Mali is the perfect case study on the relationship between youth and stability. Mali’s fertility rate is second only to Niger’s. Yet in a country that doesn’t provide jobs, opportunities for decision-making and a sense of purpose, this youth bulge is more likely to be a powerful demographic time bomb rather than a driver of economic growth. … Read more

The paradox of development financing in Caribbean small islands

07 Jul 2015 by Stacy Richards-Kennedy, Assistant Resident Representative, UNDP Trinidad and Tobago Country Office

Small island developing states in the Caribbean continue to experience social development challenges related to citizen security, public health, climate change and natural disasters. Hurricane Sandy's impact in Jamaica, 2013.
Small island developing states in the Caribbean are, for the most part, middle income countries and rank relatively high on the Human Development Index. In spite of this, they continue to experience social development challenges related to citizen security, public health, widening income gaps, retention of highly trained nationals, climate change and natural disasters. In this blog series, our experts share their thoughts on key financing for development issues. … Read more

Sustainable agriculture key to green growth and reducing poverty

02 Jul 2015 by Magdy Martínez-Solimán, Director, Bureau for Policy and Programme Support

palm oil in IndonesiaIndonesia’s palm oil smallholders, who produce about 40% of the country’s palm oil, are plagued by bad production techniques. Photo: UNDP in Indonesia
The production of agricultural commodities, such as palm oil, beef, soy, coffee, and cocoa, plays a pivotal role in global efforts to improve livelihoods across the globe. Sadly, agriculture is also the main driver of deforestation today, and is threatening to devastate the very environment upon which we depend to survive. In this blog series, our experts share their thoughts on key financing for development issues … Read more

Next time could be different – Towards risk-informed development finance

25 Jun 2015 by Pedro Conceicao, Director of Strategic Policy, and Alex Warren, independent consultant

State-contingent financing can help countries manage risk and deal with shocks more effectively. Photo: UNDP in Sierra Leone
History provides a stark reminder that sovereign debt crises have been and are a regular feature of international development and finance. But is this the inevitable reality of international finance? Or can we think of new forms of risk-informed development finance? In this blog series, our experts share their thoughts on key financing for development issues … Read more

Helen Clark welcomes Pope Francis' climate change encyclical

18 Jun 2015 by John Aravosis, Manager, Online and Digital Team, UNDP

UNDP Administrator Helen ClarkBuilding resilience to climate change in the agriculture sector is a central issue in Lao PDR, where almost a third of GDP (29.9 percent) is generated through the agriculture sector, and approximately 80 percent of the population is engaged in agricultural activities. Photo: Luke McPake/UNDP Laos
Pope Francis today issued an encyclical in which he called climate change a “principal challenge” for humanity. In the 184-page letter, Pope Francis noted that the poor are the most vulnerable to climate change, and the Pontiff urged that “swift action” be taken to “confront the crisis.” United Nations Development Programme (UNDP) Administrator Helen Clark praised the Pope’s climate message. … Read more

Costing crises and pricing risk: delivering on ‘sustainability’

15 Jun 2015 by Jan Kellett, Advisor Climate Change and Disaster Risk Reduction

Ebola worker in Sierra LeoneThe cost to the Ebola-affected countries has been pitched at US$1.6 billion, equivalent to 12% of their combined GDP. Photo: UNDP in Sierra Leone
Earthquakes. Cyclones. Drought. Conflict. The Ebola outbreak. Oil price collapses. Shocks and stresses of different kinds strain countries, communities and families and set back development, sometimes for decades. In this blog series, our experts share their thoughts on key financing for development issues. … Read more

South-South cooperation -- how can we maximize its impact on sustainable development?

11 Jun 2015 by Grace Wang, UNDP's lead adviser on South-South and Triangular Cooperation

fishermen in CubaRisk Reduction Management Centers, a successful initiative in hurricane-prone Cuba, are being scaled up across partnering Caribbean states. Photo: Carolina Azevedo/ UNDP
South-South Cooperation is gaining new momentum as global political and economic realities change rapidly. It is also adding critical value to development. So how can we ensure that the larger potential of SSC is reflected in ongoing discussions on financing for development, while recognizing its differences from more traditional forms of ‘North-South’ development cooperation? In this blog series, our experts share their thoughts on key financing for development issues. … Read more

My voyage on the Human Development Report "Enterprise"

10 Jun 2015 by Selim Jahan, Director, Human Development Report office

Selim JahanSelim Jahan and Amartya Sen at the Human Development Report Office in the 1990s. Photo: UNDP
“It is an intellectual Enterprise,” Mahbub ul Haq, a Star Trek fan, would fondly say about the Human Development Report (HDR). The Report was his brainchild, and he was the captain of the HDR Enterprise. And it was this Enterprise’s dynamism, out-of-box thinking and intellectual courage that attracted me to it. What a journey I have had with the HDR over the last quarter of a century... … Read more