Financing for development - United Nations Economic and Social Commission for Western Asia
Financing for development

Financing for development

ESCWA maps the financing for development landscape identifying strengths, weaknesses, opportunities and threats to address systemic requirements to mobilize financing.

As the Arab region moves into the final decade for achieving the 2030 Agenda, accelerating investments of all kinds (public, private, domestic, international and innovative) and channelling them to sustainable development remain at the heart of the United Nations efforts to ramp-up implementation of the Addis Ababa Action Agenda and support countries build back and forward better by financing resilience, overcoming funding shortfalls, ending financing inequalities, and propelling regional financing equalization.

ESCWA is conducting a detailed anatomy and a multidisciplinary analytical diagnostic of the financing instruments, channels and non-financial means available to mobilize financing to support the implementation of the SDGs. ESCWA is also providing country-tailored SDG costing simulations (SDG-financing dashboard), 2030 projections of financing needs, synergies and densities, estimates of funding gaps and lost opportunities in financing; and analysing investment efficiencies, all of which are anchored on national sustainable development strategies, sectoral development plans, and nationally adapted development goals and targets.

ESCWA is employing a tool box of more than 25 empirical models, algorithms and quantitative regression analysis, covering more than 22 prime channels of financing available to countries for establishing an integrated financing for development health monitor that captures all aspects of progress, implementation gaps, opportunity costs and returns on financing, as well as emerging challenges and the means to address them within intra and inter-regional configurations

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