SPOTLIGHT: INFFs and COVID-19
SPOTLIGHT: INFFs and COVID-19
Oceania

Samoa

After completing its development finance assessment (DFA) in 2019, Samoa will continue the development of its INFF with support from the UN Joint SDG Fund.

Over the past two decades, Samoa has established a solid track record of economic reform and performance. Underpinning these achievements is Samoa’s development agenda, which is articulated in the Strategy for the Development of Samoa (SDS 2016-2020). The SDS sets out an overarching strategy for accelerating sustainable development and outlines key policy priorities.

However, Samoa, like other Small Island Development States (SIDS), faces the challenges of fiscal sustainability and the substantial risks from natural disasters and climate change. The cross-cutting nature of climate change merits a renewed assessment of financial flows to ensure that the government’s approach towards financing is effectively aligned with Samoa’s development goals. 

The Government of Samoa requested the support of the United Nations Development Programme (UNDP) to conduct a DFA. Completed in 2019, the DFA contributes towards the advancement of policy and institutional reforms that will enable integrated management of a broader set of finance flows.  

In 2020, Soma was allocated funding from the UN Joint SDG Fund to develop and implement an INFF. The INFF will support the effective implementation of the necessary reforms identified in the DFA to improve the management of financial flows and mobilise new, diverse and catalytic financial instruments to accelerate progress of the Agenda 2030.

For more details, visit the Joint SDG Fund website.

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