No country can finance the SDGs nor COVID-19 recovery by taking action in one area of financing alone. UNDP partners with countries across seven action areas to initiate systemic changes in public and private finance towards achievement of the SDGs.
Action Area 1Integrated National Financing Frameworks
Integrated National Financing Frameworks (INFFs) are a policy and institutional tool for mobilising and managing public and private finance to support SDG-aligned national plans and to manage risk in the face of future shocks. Establishing an INFF requires sequenced and complementary activities across all areas of public and private finance, including the establishment of comprehensive financing strategies for medium term development plans, and building a next generation of risk-informed planning and financing strategies for COVID 19 response, recovery, and the SDGs.
Action Area 2SDG Budgeting
Action Area 3SDG-Aligned Fiscal and Debt Instruments
Action Area 4Leveraging International Public Finance for the SDGs
Action Area 5Unlocking Private Finance for the SDGs
Action Area 6Aligning Business Strategies and Operations for the SDGs
Adjusting business models to integrate a calculation of sustainable development returns into their balance sheets will help align private sector growth to the SDGs. This requires innovation in business practices, as well as change in goverment policy and regulation. Private Sector also plays a critical role in the COVID-19 response and recovery providing much needed innovation in the production of solutions to the crisis as well as the potential to stem the rise of unemployment, while critical support is needed to enable business to maintain their operations and to recover with their operations at scale. For a full description of services please see the UNDP Private Sector COVID-19 Service Offer, click Learn More