Support to establish Integrated National Financing Framework Oversight Committee
The terms of reference for the oversight team outline the structure, membership and roles and responsibilities of the oversight team, which fulfills a critical function, guiding the development and eventual implementation of an Integrated National Financing Framework.
Global Islamic Finance and Impact Investing Platform (GIFIIP)
About 51 percent of Angolans are multidimensionally poor, 88 percent of whom live in rural areas where deforestation, widespread use of traditional energy sources and mismanagement of natural resources threatens livelihoods and depletion of the environment. Angola has identified improved management of natural resources for conservation and economic development as a key development priority for 2020 - 2022 which requires an architecture of interventions across value chains.
The INFF Module is structured around the four building blocks of an INFF as articulated by the Inter-agency Task Force on Financing for Development - assessment and diagnostics, financing strategy, monitoring and review, governance and coordination, which are all key components of an overall integrated financing approach.
The Development Finance Assessment, developed by UNDP to support countries and strengthen their INFFs, follows a unique country-level, government-led process of aggregation, analysis, dialogue and collaboration that helps countries determine ways forward to strengthen sustainable development financing.
UNDP prioritizes systemic reform that strengthens the articulation of planning objectives, develops holistic strategies to mobilise the necessary financing, builds capacity for implementation and follows up with rigorous performance monitoring. UNDP supports governments to strengthen the integration of planning and financing processes, align budgets including debt and fiscal instruments to the SDGs, promote SDG-aligned private sector development and strengthen tools to monitor and account for SDG impact. By taking a holistic approach to the design of a financing strategy, the process can serve as an entry point into services around the governance, management and alignment of financing such as: SDG budgeting, SDG costing, debt management strategies, tax reforms, leveraging of international public finance, alignment of private capital and private sector core business, and SDG impact measurement and reporting across public and private actors.
UNDP is working to support Integrated National Financing Frameworks and has already rolled out Development Finance Assessments (DFAs) which will be adapted to offer governments an established process to build the analysis and consensus for designing holistic financing strategies to drive recovery from the COVID-19 pandemic.
UNDP provides a range of support to countries to strengthen their budgeting processes, which boosts their efficiency, impact and alignment to the SDGs. Government budgets are one of the primary tools for advancing progress toward the SDGs at the national level and implementing the INFFs
Budgeting for the Agenda 2030 – Opting for the right model
Public budgets are simultaneously economical, legal, and political tools. As such they are the most powerful instruments to ensure policies, plans, and priorities of governments are implemented. This Guidance Note intends to help governments and UNDP Country Offices in designing the optimal Budgeting for SDGs (B4SDG) model and reforms path to effectively integrate SDGs into various parts of the national budget cycle.