Eliminating discrimination: a way to mobilize the trillions needed for the post-2015 agenda

14 May 2015 by Pedro Conceição, Director of Strategic Policy at UNDP's Bureau for Policy and Programme Support

Woman carrying solar panels in HondurasLabour force participation of women is lower than men almost everywhere. Photo: UNDP in Honduras
While world leaders are focused on adopting a new set of sustainable development goals at the United Nations in September, a debate that has received far less attention is also raging: how to finance the new goals?There is one way to mobilize these trillions of dollars: eliminating discrimination against women.In this blog series, our experts share their thoughts on key financing for development issues … Read more

What role for the private sector in financing the new sustainable development agenda?

07 May 2015 by By Marcos Athias Neto and Massimiliano Riva

Phasing out fossil fuels is one way to reduce investment in areas that can be harmful to the SDGs. Photo: UNDP in Somalia
The contribution the private sector can make through innovation, agility, ingenuity and financial resources can be better appreciated and maximized. In this blog series, our experts share their thoughts on key financing for development issues … Read more

Financing for development in resource-rich countries

01 May 2015 by Degol Hailu, Senior Advisor for Sustainable Development

Photo: UNDP in Zimbabwe
Decline in commodity prices is threatening the availability of funds for development. A promising option for resource-rich countries is to capture a bigger share of the profits generated from the exploitation of their natural resources. In this blog series, our experts share their thoughts on key financing for development issues … Read more

Africa and Climate Finance – The state of the debate

23 Apr 2015 by Alice Ruhweza, Regional Team Leader for the Global Environment Finance Unit in Africa

Climate change threatens the lives and livelihoods of hundreds of millions of people in Africa. Photo: Benjamin Larroquette/ UNDp in Zambia
Climate finance to Africa has been growing considerably. However, only 45% of approved funding is delivered for adaptation measures. In this blog series, our experts share their thoughts on key financing for development issues … Read more

Five things we would do if we were really serious about finance for development

16 Apr 2015 by Ben Slay, Senior Advisor for UNDP Regional Hub for Europe and the CIS

wind turbines in CroatiaReducing fossil fuel subsidies in favor of green energy. Photo: UNDP in Croatia
It is now widely agreed that finance for development discussions should not only be about more money for official development assistance or climate finance. They should be about aligning international and domestic trade and financial systems with the logic of sustainable development. In this blog series, our experts share their thoughts on key financing for development issues. … Read more

The political economy of illicit financial flows

09 Apr 2015 by Max Everest-Phillips, Director, Global Centre for Public Service Excellence, Singapore

 Between 1980 and 2009, total illicit financial outflows from Africa grew by 11.9 percent per year. Photo: Carly Learson/UNDP Liberia
Tax evasion has often been the hallmark of the elites. In ancient Rome, the upper class viewed tax as ‘the mark of bondage.’ But the Roman Empire collapsed because the tax on land was largely passed on the poor, and later on the middle classes, while the elite carried less and less of the public financial burden.In this blog series, our experts share their thoughts and lessons learned on key financing for development issues … Read more

How will small island states finance our ambitious Sustainable Development Goals?

02 Apr 2015 by Gail Hurley and Stephen O'Malley

 Helen Manvoi and her children stand in front of what used to be their outdoor toilet in Port Vila, Vanuatu. Photo: Silke Von Brockhausen/UNDP
“Our development has been wiped out,” said Vanuatu’s President as Cyclone Pam laid waste to pretty much the entire South Pacific nation. With major shocks such as these so common, how can small states – from Barbados to Cabo Verde to Samoa – better plan for such emergencies? And will the international community make sure that adequate finance is made available? In this blog series, our experts share their thoughts on key financing for development issues … Read more

Seven things to consider when managing non-renewable natural resources

19 Mar 2015 by Degol Hailu, Senior Advisor, Sustainable Development

Golding mining in DRCGold mining in the Democratic Republic of Congo, where production is booming but many diggers live in abject poverty. Photo: Benoît Almeras-Martino/UNDP DRC
Natural resource wealth offers enormous potential for achieving development goals. But without effective management, the wealth can be squandered. UNDP works with governments, the private sector and civil society to minimize the risks associated with building an oil, gas and mineral economy and optimize the benefits. Here are seven tips on how the development impact of these finite resources can be enhanced. Know your wealth. Most of the oil, gas and mineral resources in developing countries are yet to be discovered. Consequently, foreign companies that carry out exploration activities have pertinent geological information before governments do, creating bargaining asymmetry during contract negotiations. As the African Mining Vision notes, governments need to fully know their resource wealth to be able to negotiate as equals. Establish comprehensive legal frameworks. Several contracts and mining codes have been revised in recent years, usually when governments realize, sometimes under pressure from civil society, that tax rates are low, environmental protection is weak and re-settlement schemes are inadequate. Participatory and consultative measures are indispensable when drafting key legislation. Maximize revenues for development. The income earned from taxing resource extraction can be low, first, because of weak contract negotiating capacity, and second, due to lack of transparency and … Read more

Bridging the gap: How the SDG Fund is paving the way for a post-2015 agenda

11 Mar 2015 by Paloma Durán, Director, Sustainable Development Goals Fund

Indigenous woman and her child in PeruPhoto: UNDP/Peru
We are fast approaching this September’s Summit on the Sustainable Development Goals (SDGs), with world leaders debating the 17 goals and 169 targets proposed by the United Nations Open Working Group. The post-2015 development agenda will focus primarily on strengthening opportunities to reduce poverty and marginalisation in ways that are sustainable from an economic, social and environmental standpoint. The SDG Fund, created by the United Nations Development Programme (UNDP) with an initial contribution from the government of Spain, has been designed to smoothen the transition from the Millennium Development Goals phase into the future Sustainable Development Goals. The rationale of the joint programme initiative is to enhance the development impact of technical assistance by combining inputs from various UN entities, each contributing according to its specific expertise and bringing their respective national partners on board. To illustrate, we are currently implementing joint programmes in 18 countries addressing challenges of inclusive economic growth for poverty eradication, food security and nutrition as well as water and sanitation. The majority of our budget is invested in sustainable development on the ground and is directly improving the lives of more than one million people in Latin America, the Caribbean, Asia, Arab States and Africa. National … Read more

Innovative public-private partnerships are key to Post-2015 success

13 Feb 2015 by Neil Buhne, Director of UNDP's Geneva Liaison Office

 Kazakhstan produces 343,000 tonnes of electronic waste each year. Through a public-private partnership the country is now making positive changes to their e-waste disposal. Photo: UNDP Kazakhstan making changes to e-waste disposal through an unusual public-private partnership
In this blog series, UNDP experts and practitioners share their experiences and views on innovation in development practice. In a world where links between countries are greater and faster than ever, disasters that once might have had only local effects now increasingly have international ramifications. The effects from the tsunami/meltdown of Japan’s Fukushima reactor, for example, had devastating local consequences, but also impacted communities and economies thousands of miles away. In such an interconnected world, with impacts that touch upon all of society, locally and internationally, we need equally all-embracing approaches. While challenging, an increasingly interlinked world also provides unprecedented opportunities to reduce risk. Countries that might have once been at a dire disadvantage from a skills and knowledge perspective now have the ability to draw upon international resources. And the private sector—which operates in perhaps an even more hyper-connected environment than governments—can be called on to provide expertise. Our goal then, as we move into the post-2015 context, is to learn how to tap into these areas and to make use of innovative partnerships that draw on specific strengths and address identifiable gaps. The Get Airports Ready for Disasters (GARD) programme, a joint venture between UNDP and Deutsche Post DHL, … Read more