By 2015 the international community will agree on a new set of development goals. In parallel to the substantive process, discussions with regard to financing such goals are taking place. However, it is not yet apparent how the “goal setting process” will come together with the various “financing for (sustainable) development processes”.
The global development finance landscape is changing. External resources for development used to come largely as aid from governments. Now most developing countries have access to a much wider range of flows and providers. Private flows in particular foreign direct investment are increasing, and so are personal remittances. Many developing countries are issuing bonds, and numerous innovative financing mechanisms are operational or under consideration.
In June 2013, SDC and SECO-WE have established a joint working group on development finance to ensure a “whole of development approach” towards financing for sustainable development post-2015.
Against this background it is timely that SDC clarifies a) how it intends to engage in the international debate on financing for sustainable development b) what its priorities are and based on this c) to clarify the next steps to be taken.
A&P has the lead in facilitating the intergovernmental consensus process to arrive at a Swiss position. Please leave a comment here if you wish to express your opinion on the current working paper, that is approved by the interdepartemental task force post-2015. Furthermore, A&P substantively explores the changes in the development finance landscape and their impact on the future of Swiss sustainable development finance.
Contact person: Riccarda Caprez CAPRI (firstname.lastname@example.org)
Financing for Sustainable Development - What options for the international community and SDC?
DP Brief November 2014 - This publication exists in English, French and GermanDEZA, A&P
An ambitious post-2015 agenda with sustainable development
and poverty eradication at its core will require an equally ambitious and
comprehensive financing strategy. This DP brief assesses some debated components
of the current OECD-DAC measurement of ODA and possible implications for
Switzerland. Furthermore, it examines opportunities for Switzerland and the SDC
to scale up sustainable development finance in light of the new Federal Council
Dispatch1 on Switzerland’s international cooperation 2017-2020 (dispatch on
cooperation), the forthcoming post-2015 agenda and the UN Financing for
Development Conference.[en] [fr] [de]
Financing for Sustainable Development - What options for the international
community and SDC?
The official SDC homepage also informs about this
Development Policy (DP) Brief.
Report of the Intergovernmental Committee of Experts on Sustainable Development Finance
Report of the Intergovernmental Committee of Experts on Sustainable Development FinancingAt the United Nations Conference on Sustainable Development (Rio+20), the
international community agreed to undertake a major effort to promote
sustainable development globally and in every nation and free humanity from
poverty and hunger.2 Member States also agreed to establish the
Intergovernmental Committee of Experts on Sustainable Development Financing (the
Committee)3and tasked us with developing options for a sustainable development
financing strategy to facilitate the mobilization of resources and their
effective use in achieving sustainable development objectives.
Working Paper on Sustainable Development Finance post-2015
May 2014Author: Facilitated by A&P / SECO-WE
Working Paper on Sustainable Development Finance post-2015As the global community works towards establishing a new set of sustainable development goals for the post-2015 era, it will be important to deliver a strategy on how they will be financed. This paper aims at giving a brief overview of the financing needs identified so far, as well as the financial resources available. In the last section, a preliminary Swiss position on "financing post-2015" is outlined, which will have to be revised in light of the international discussions and proposals that will be elaborated in the coming months. The working paper has been approved by the interdepartemental task force post-2015.
The results of the various other working groups are presented here.
Briefing document on Innovative Financing Mechanisms - Traverse Discussion
Briefing Document Innovative Financing MechanismsMay 2014
Briefing Document Innovative Financing Mechanisms From eradicating poverty to sustainable development: the provision of a coherent overall financing framework integrating all three dimensions of sustainable development – social, economic and environmental – has emerged as a central issue in the post-2015 discussion. In this context, there is growing consensus on the need to mobilise financing for sustainable development from public and private, domestic and international sources. The argument that public resources should be increasingly used to leverage private finance has been prominently brought forward. This briefing document elaborates on terminology, different instruments, donor approaches and partner country perspectives.
This briefing document was written in light of the Traverse discussion on innovative financing mechanisms for sustaianble development. For further details please click here.
Key Messages on Innovative Financing Mechanisms - Traverse discussion
April 2014Summary prepared for Traverse by SDC, A&P
Key messages on Innovative Financing Mechanisms - Traverse discussionThe panel of experts addressed opportunities and risks related to innovative financing mechanisms (IFM), output and outcomes of private finance leverage and necessary framework conditions
From eradicating poverty to sustainable development: the provision of a coherent overall financing framework integrating all three dimensions of sustainable development – social, economic and environmental – has emerged as a central issue in the post-2015 discussion. In this context, there is growing consensus on the need to mobilise financing for sustainable development from public and private, domestic and international sources. The argument that public resources should increasingly be used to leverage private finance has been prominently brought forward in this context.
Donor strategies and instruments to leverage private sector investment using ODA
February 2013ECDPM Study commissioned by SDC
Key Messages 1) Donors have
similar strategies and interests for using ODA to catalyse private investment,
but have no specific policy framework for this 2) Donors use a variety of
instruments to target (parts of) the private sector 3) Donors make use of
explicit, standardised investment principles to select and evaluate projects
4) Both opportunities and risks for investment are noted, and a key concern
remains the ‘additionality’ of the ODA provided 5) There is no common method
for quantifying ODA investments in private sector development 6) Donors are
successful at achieving leverage, but do not go in-depth to measure development
Links:UN-led Initiatives:a) SDG/Rio+20:
· Addis Ababa Action Agenda 2015·
Intergovernmental Committee of Experts on Sustainable Development
Financing · Open Working Group on Means of Implementation
MDG/Monterrey and follow-up (second committee UNGA and ECOSOC):· Financing for
Development OECD:· OECD Development Cooperation
Directorate, External Financing for Development Think tanks
and NGOs on the subject: · Center for Global Development, Brookings, Overseas Development Institute,
Development Initiatives, Bill & Melinda Gates