The Government of Bangladesh will put in place INFF to more effectively mobilise required resources from public and private sources for attaining the SDGs by 2030. Through the INFF, the government will not only estimate the gaps in SDG financing, but will also adopt a forward-looking approach regarding engaging the public sector, private sector and partners, keeping in consideration the country’s Least Development Countries status graduation in 2024. The INFF will also result in a strong governance and coordination mechanisms and an oversight mechanism for expenditure efficiencies and maximising expenditure impacts.
The INFF will focus on the following components: (a) gender-sensitive diagnostics and assessments: the DFA, which was completed in 2016, will be revisited and updated to align with SDG financing, planning, and budgeting; (b) operationalise gender-sensitive financing through policy measures and/or reforms in addition to investment mapping and improving project readiness to leverage both public and private finance; (c) and create a coordination and monitoring mechanism to help the government ensure momentum and synergies between public private sectors, harmonise SDG and climate finance, and facilitate action-oriented dialogues.
For more details, visit the Joint SDG Fund website.