Voices from the Asia-Pacific: Regional Perspectives on leveraging finance for Achievement of the SDGs
The United Nations Development Programme (UNDP) Bangkok Regional Hub and the Asia-Pacific Development Effectiveness Facility (AP-DEF) held a two-day meeting on 26-27 October ahead of the upcoming Second High-Level Meeting (HLM2) of the Global Partnership for Effective Development Co-operation which will take place in Nairobi, 28 November – 1 December.
With Agenda 2030 and the Addis Ababa Action Agenda (AAAA) agreed, and in response to demand from countries in the region to link finance flows with national development results, the regional consultation provided an opportunity for over 100 government delegates from 25 countries plus development partners and civil society representatives to discuss key messages to bring to the Second High-Level Meeting of the Global Partnership (HLM2).
“Domestic sources of finance are emerging as a key driving force for sustainable development in Asia-Pacific,” said Haoliang Xu, UN Assistant Secretary-General and UNDP Director for Asia and the Pacific. “These new sources of finance allow us to expand the existing development co-operation and partnership.”
With many countries in the region establishing Integrated National Financing Frameworks (INFFs) to guide integrated management of finance flows, there is much to be done at country level to localise the Action Agenda to align with existing country systems and results frameworks, as well as to consider how monitoring / review of the Action Agenda can be aligned with existing national and international monitoring frameworks, including for the Global Partnership and SDGs.
Participants also shared experiences and offered feedback on the Global Partnership’s refined monitoring framework and country level processes. A representative from the Kenyan government also engaged participants on the HLM2 agenda and Outcome Document.
Discussions at the workshop led to key messages from the region on the role of development co-operation and how the Global Partnership can support linking finance with results at country level. Countries detailed what the Global Partnership can do to help all partners “walk the talk” when it comes to accountable and results-oriented partnerships at country level.
Continuing this week, the pre-HLM2 workshop in the Pacific is underway on 1 – 3 November.
In Nairobi, AP-DEF will be launching the 2016 Regional Report: Achieving the SDGs in the Era of the Addis Ababa Action Agenda: Progress on integrated national financing frameworks in the Asia-Pacific region which will detail experiences from the region on development financing.
Follow @APDEFplatform for updates on how the region’s narrative will be feeding into HLM2.
More information on the Conference could be found here.
Click here to read the new publication from AP-DEF on the role of Development Finance Assessments in Achieving the SDGs in the Era of the Addis Ababa Action Agenda.
To find out more about the HLM2 Agenda, logistical information and the Online Global Consultations, please click here.