UNTT Outlines Partnership on Financing for Sustainable Development

UN DESAJanuary 2013: The UN Task Team for the Post-2015 Development Agenda (UNTT), along with 11 UN agencies, has released a new thematic think piece, titled, "Financing for sustainable development in the global partnership beyond 2015." The paper considers the creation of a new global partnership for financing sustainable development, and makes recommendations for financial and non-financial investments that the partnership should facilitate.

Contributors to the piece are: the International Fund for Agricultural Development (IFAD); the International Organization for Migration (IOM); the UN Commission on Trade and Development (UNCTAD); the UN Office of the High Commissioner for Human Rights (OHCHR); the UN Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (OHRLLS), the UN Department of Economic and Social Affairs (DESA), the UN Environment Programme (UNEP), the UN Framework Convention on Climate Change (UNFCCC), the UN Population Fund (UNFPA), the UN Development Programme (UNDP), and the UN Educational, Scientific, and Cultural Organization (UNESCO).

The paper highlights objectives for financing for sustainable development, including systemic coherence between policy processes and stakeholders, and an increased mobilization of resources for all relevant areas within a new framework for development cooperation. It focuses on the creation of adequate financing commitments and strategies at the local, regional and global level, with measurable development goals. The paper emphasizes mobilizing domestic public and private, as well as external public and private resources, as concrete goals for improving cooperation and sustainable development financing.

This papers is one of nine new "think pieces" published by the UNTT's working group on the global partnership for development beyond 2015. These think pieces, prepared by working group members, will be synthesized in a report to be published in March 2013. [Publication: Financing for Sustainable Development in the Global Partnership beyond 2015] [UNTT Think Pieces] [UNTT Resources]