The Covid-19 crisis triggered profound socio-economic impacts and rapid changes across the global financing landscape. Within this context, the need for an integrated approach to financing the SDGs is greater than ever.
The Africa region has led the development and implementation of integrated national financing frameworks (INFFs), including some of the earliest comprehensive SDG financing strategies. Some countries are currently in the inception phase of their INFF, having undertaken development finance assessments (DFAs) in most cases. Other countries are already working on the design of their national financing strategies.
There is high demand in the region for sharing experiences, practical technical advice and tools. Covid-19 impacts have increased INFF relevance and increased this demand. Many governments realise that they cannot implement national development or Covid recovery plans without a coherent approach to financing.
In response to this need, the United Nations Economic Commission for Africa (UNECA), United Nations Development Programme (UNDP), United Nations Department of Economic and Social Affairs (UNDESA) and United Nations Institute for Training and Research (UNITAR) teamed up to create a virtual knowledge exchange and learning workshop for African countries to share experiences related to strengthening INFFs. Through the workshop, countries will learn about choosing the right approach to developing SDG-aligned integrated financing strategies and establishing governance frameworks that will ultimately support the realisation of the AU Agenda 2063 and Agenda 2030.
Building on the successful experience of a pilot training held for North and Central Asian countries in January 2021 and a training workshop for the Asia-Pacific region in March 2021, the virtual workshop will be delivered over three half-days. The second and third days will be dedicated to INFF building block 2: financing strategies, including country cases and practical experiences based on DFA and INFF findings.
The target audience for this workshop is INFF focal points and practitioners from African countries, including representatives from ministries of finance, planning, economic development and other ministries actively involved in INFFs; academia; and other regional stakeholders, including UN staff. The meeting will also target key regional partners.
The event aims to generate a discussion on how these practical INFF experiences can contribute to some of the most imminent challenges facing the continent, including debt sustainability, illicit financial flows, economic governance, the leapfrog opportunity of the 4th Industrial Revolution and Covid-19 recovery. There will also be an opportunity to connect recommendations from the training sessions to the upcoming 2021 African Economic Conference under the theme of Financing Africa’s post-COVID-19 Development.
Registered participants will be provided with access to a virtual learning environment before the workshop. Simultaneous interpretation will be available in English, French, Portuguese and Arabic. All the recordings, modules and materials will be accessible to participants on the platform after the training.