This report presents the findings, main conclusions and recommendations of Gabon’s first Development Finance Assessment (DFA). While recognising the inevitable information gaps, the report provides an overview of Gabon’s financing landscape, assessing the volumes and trends over time of different types of development finance. It takes into account Gabon’s progress towards the SDGs and the impact of the COVID-19 crisis.
The analysis begins with an assessment of the policy and institutional frameworks that support Gabon’s sustainable development progress. It takes stock of the four dimensions of an integrated national financing framework (INFF):
- Quantitative analysis of trends in development finance flows;
- Qualitative analysis of funding policies for public and private flows;
- Monitoring and review systems to better align financing flows with development results;
- Governance and coordination mechanisms for implementation of the INFF and SDG financing strategy.
One of the key features of a DFA process is its ability to bring together various stakeholders both within and outside of government to discuss the data, findings and analysis within the report. Thanks to these open dialogues, the Government of Gabon and its partners have begun to build consensus around solutions to the country’s greatest financing challenges. These challenges include the misalignment between the planning and financing functions of government, a narrow focus on public resources to finance the SDGs and the participation of a small group of stakeholders in decision-making processes.
The DFA supports Gabon’s ongoing work to develop an INFF in line with the recent Plan d'Accélération de la Transformation (PAT). The adoption of PAT is an opportunity to articulate a flexible and comprehensive funding framework to ensure its implementation. The INFF’s holistic approach makes it possible to pursue multiple recommendations for different funding streams through a single and coherent framework.