BUILDING AN ENABLING ENVIRONMENT FOR SDG FINANCING
The enabling environment for SDG investing portfolio was launched in the summer of 2020. Our belief is simple: financing is essential to solving today’s challenges. The OECD estimates that US$ 4.2 trillion are needed to spur sustainable development each year and create the future en-visioned by the SDGs. We aim to close this financing gap by supporting SDG financing strategies and driving financial reforms and innovations to unlock public and private financing. To date, we allocated US$ 70 million to 69 Programmes in 80 countries. Twenty-five UN agencies, under the leadership of UN Resident Coordinators, are collaborating, building on UN-DESA methodological work, UNDP country level technical support and development partners’ engagement. The work at the national level is complemented by UN collaboration and at the global level that is placed under the Financing for Development umbrella.