Transcription of INTERGOVERNMENTAL EXPERT GROUP ON …
1 INTERGOVERNMENTAL EXPERT GROUP ON financing FOR DEVELOPMENT Haje Sch tte Statistics and Development finance Division Development Co-operation Directorate 10 November 2017 financing for sustainable development in a changing landscape Unprecedented financing requirements across ..call for a fresh approach with the right policy mix to finance sustainable development. TAXONOMY OF FINANCIAL INSTRUMENTS ODA MODERNISATION - Concessional loans - Private sector instruments - Peace and security - In-donor costs (refugees) TOSSD TOTAL OFFICIAL SUPPORT FOR SUSTAINABLE DEVELOPMENT Modernisation of statistics on development finance AMOUNTS MOBILISED FROM THE PRIVATE SECTOR CROSS-CUTTING ISSUES Private Sector Mobilisation Amounts mobilised from the private sector by official development finance interventions, by sector, 2012-2015, USD million TOSSD Total Official Support for Sustainable Development Why?
2 In order to track resources invested to achieve the SDGs. To allow for greater transparency of officially-supported flows to developing countries . What? Working definition of TOSSD: TOSSD includes all officially-supported resource flows to promote sustainable development in developing countries and to support development enablers or address global challenges at regional or global levels. How? Through open, inclusive and transparent discussion. The TOSSD Task Force will elaborate the statistical features and parameters of TOSSD. The blended finance Principles 1: Anchor blended finance use to a Development Rationale 2: Design blended finance to mobilise Commercial finance 3: Tailor blended finance to Local Context 4: Focus on Effective Partnering for blended finance 5: Monitor blended finance for Transparency and Results The strategic use of development finance for the mobilisation of additional finance * towards the SDGs in developing countries Framing blended finance * Where additional finance refers primarily to commercial finance not currently addressing development objectives How blended finance funds and facilities target the SDGs
