Organised by
Benin, Bill & Melinda Gates Foundation, Denmark, European Union, Gavi, Germany, Mexico, Portugal, Switzerland, Sweden, UNCTAD, United Arab Emirates, United States, UN-OHRLLS and the World Bank Group.
Summary
The framework for financing the Sustainable Development Goals will need to respond to the vast – and ongoing – transformation in the international development landscape. It should comprise a cohesive set of tools to facilitate a holistic approach to scaling up a global partnership for development. While official development assistance (ODA) will continue to play a crucial role, particularly for the countries most in need, the mobilisation of a much larger breadth of international financial resources will be needed to match the ambitious aims of the post-2015 agenda. Joint public-private solutions can help mitigate risks through instruments such as guarantees, blended finance or public-private partnerships. Recognising – and thereby giving value to – official efforts to catalyse and leverage additional capital can also create incentives for increased investment. In all of these efforts, there is an urgent need to foster transparency and accountability, and to ensure that all resources are aligned with developing countries’ priorities. This side event will explore the relevance of the proposed total official support for sustainable development (TOSSD) framework for tracking international flows that complement ODA, clarifying possible avenues for future international collaboration and concretisation.
Related Information
- OECD’s overall contribution to the Third Conference on Financing for Development
- Outcomes of the 2014 OECD-DAC High-Level Meeting: Making OECD-DAC statistics fit-for-purpose in a post-2015 world
- Towards a more inclusive measurement and monitoring of development finance: TOSSD
Contact
For inquiries regarding this side event, please contact
- Suzanne Steensen, suzanne.steensen@oecd.org, +33628611089