Background
First introduced by UN Member States in the Addis Ababa Action Agenda, integrated national financing frameworks (INFFs) are being used by countries to reshape the financing ecosystem at the country level. With country-led financing strategies at their core, governments are using the INFF approach to bridge the financing gap, mobilizing and aligning public and private finance for the sustainable development goals (SDGs).
Today, over 86 countries are using the INFF approach to establish financing strategies and deliver related policies, reforms, resource mobilization efforts and governance frameworks. Thirteen national and subnational governments have an operational financing strategy and more than 50 countries are implementing finance policy reforms shaped through their INFF. An increasing number of countries are using their INFF as a platform to align their financial strategies with their Nationally Determined Contributions (NDCs) under the Paris Agreement, promoting investment in climate mitigation and adaptation initiatives.
INFF Report
The INFF Facility has taken stock of countries’ experiences in developing INFFs and will launch a report, "Making finance work for people and planet: how countries are building their sustainable finance ecosystem through integrated national financing frameworks" at this side event.
The report details the achievements, lessons and best practices to date, drawing from country experiences in using the INFF approach to navigate the shifting economic landscape and the dynamic nature of development financing. It illustrates a growing momentum in the use of country-led financing strategies and growing consensus on their value from a diverse range of public and private sector partners. It provides valuable insights and recommendations as the process for taking stock, considering what can be achieved at the Fourth International Conference on Financing for Development (FfD4) and reshaping the Addis Ababa Action Agenda moves forward over the coming year.
About the Event
The Government of Spain and the INFF Facility are hosting a high-level side event at the Financing for Development Forum 2024. The side event will feature high-level speakers from governments using the INFF approach, alongside perspectives from international partners and the private sector. It will facilitate discussion on how this can be scaled up to accelerate progress in the second half of the SDG timeline, including through FfD4.
This event will include presentations from country leaders to share their financing strategy experiences and reflections from international organizations on their work and lessons learnt. This event will also give a platform to connect various INFF stakeholders including representatives from Member States, international organizations and development partners.
Where can I find the agenda?
The agenda for the event is here.
How can I join?
The registration link for the event is here.