In the 2019 Financing for Sustainable Development Report, the Inter-Agency Task Force on Financing for Development (IATF) laid out four building blocks for the development and implementation of INFFs: i) assessment and diagnostics; ii) financing strategy; iii) monitoring and review; and iv) governance and coordination.
Member States subsequently requested that the IATF, coordinated by the Financing for Sustainable Development Office (FSDO) of the United Nations Department of Economic and Social Affairs (UN DESA), continue to develop the INFF methodology and elaborate policy toolkits for different types of countries and sectors. In response, the FSDO developed guidance on the inception phase, building block 1 assessment and diagnostics, building block 2 financing strategy and building block 4 governance and coordination throughout 2020 and early 2021.
This orientation paper guides the development of the building block 3 monitoring and review (M&R) methodology and provides case studies and illustrative examples, including practical insight for country-level implementation. More specifically, the paper’s objectives are to:
- present key concepts relevant for the INFF M&R building block;
- map existing planning, budgeting, and monitoring systems on which INFF M&R can capitalise;
- specify objectives and characterise levels of development of INFF M&R; and
- illustrate how to move along levels of development of the INFF M&R system.
Although INFFs cover both public and private financing, this paper focuses on public programmes and Public-Private Partnerships (PPPs) contributing directly to the nationally-identified sustainable development priorities.
