In the face of urgent global challenges, more than 85 governments are using the integrated national financing framework (INFF) approach to strengthen the financing for their national priorities. This publication provides an overview of the way countries are using the INFF approach, the emerging results and the future outlook, with a focus on financing strategies. Key messages include:
- Governments around the world are using INFFs to put in place robust financing strategies for their national development plans. Three countries have launched financing strategies and another twenty-seven are currently developing theirs.
- As financing strategies develop, early reforms are yielding results. Countries are starting to mobilise and align public and private finance with sustainable development priorities as a result of the budget, tax, bond and private and financial sector reforms. More than 250 further reforms have been prioritised for immediate action.
- A growing number of countries are linking financing strategies to their climate commitments, gender equality and social priorities.
- As the focus turns to delivering financing strategies, countries are building capacity for the institutional functions needed. This includes enhanced coordination, dialogue platforms and monitoring.
- One year on from its launch, the INFF Facility has established a growing portfolio in response to high country demand. The Facility is welcoming new partners and will open windows on public expenditure and sustainable private finance during 2023.
The slide deck provides an overview of diverse INFF processes and financing strategies, highlights emerging impacts, and offers insights into the institutional functions required for successful implementation. Case studies from countries including Mongolia, Maldives, and Nigeria illustrate the practical application of INFFs and the initial results achieved.
The update also highlights key recommendations and lessons for countries currently developing their financing strategies or planning to do so in the future, as well as the support the INFF Facility offers to assist this process.