microfinance

Understanding the Impact of SDG Investments by Refining Sustainability Reporting

2022 Financing for Development Forum side event: Understanding the impact of SDG investments by refining sustainability reporting

Thursday, 28 April, 8 am to 9 am (EST)

This event is being held as part of the programme for the SDG Investment Fair. For registration, please visit this link.

For more information about the Fair, visit un.org/development/desa/financing/events/april-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com

Enhancing MDBs as Catalyzers of Private Finance

2022 FfD Forum side event: Enhancing MDBs as catalyzers of private finance

Wednesday, 27 April, 12:30 pm to 1:30 pm (EDT)

This event is being held as part of the programme for the SDG Investment Fair. For registration, please visit this link.

For more information about the Fair, visit https://www.un.org/development/desa/financing/events/april-2022-sdg-investment-fair.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

ECOSOC Forum on Financing for Development

The ECOSOC Forum on Financing for Development follow-up (FfD Forum) is an intergovernmental process with universal participation mandated to review the Addis Ababa Action Agenda (Addis Agenda) and other financing for development outcomes and the means of implementation of the Sustainable Development Goals (SDGs).

The event brings together heads of state and government, ministers and high-level government officials as well as senior officials of international organizations. Civil society organizations, the business sector and local authorities will also be represented.

Additional information on preparations for the Forum, including the programme, outcome, substantive background, stakeholder participation and side events, will be made available here: un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home

The UN does not charge a fee for registration and participation. For any questions, please contact the Financing for Sustainable Development Office at ffdforum@un.org.

Register here: un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/registration

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org.

2021 SDG Investment Fair

You are invited to the United Nations SDG Investment Fair, 14-15 December 2021.

The SDG Investment Fair brings together top institutional investors with sustainable development projects in developing countries. Out of a pool of applicants, 3 countries are chosen to present their projects as investors of all sizes scout for lucrative investment opportunities across Asia, Africa, and Latin America that advance the United Nations Sustainable Development Goals (SDGs). In September, the Fair was held virtually with Pakistan, Rwanda, and Dominican Republic showcasing their sustainable development projects in manufacturing, infrastructure, and agri-business. The Fair returns this December amidst growing demand for a dedicated space to connect investors with impactful business opportunities. The finalists taking stage at the December fair are Ukraine, Morocco, and Namibia. As the pandemic restrictions begin to lift, the SDG Investment Fair in December 2021 will offer both in-person and virtual spaces for networking, pitches of projects, investor exchanges, knowledge sharing, and informational sessions. The Fair will feature:

  • Presentations of investment opportunities in SDG projects
  • Expert panel discussion on leveraging Public Development Banks to drive financing for the SDGs
  • Informational session on available resources on SDG investments from within the UN ecosystem
  • Direct interaction between countries and investors

To register, please click here or visit our website for more information, including a detailed agenda. Best regards,The SDG Investment Fair team

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com.

The global debt crisis and the role of private creditors

Sharing responsibilities as well as benefits? The global debt crisis and the role of private creditors

The results of the G20 initiatives to relieve the debt of the Global South, which has been hard hit economically by the pandemic, are sobering. Many eligible countries are reluctant to enter into negotiations. They fear that debt relief will cut off their long-term access to private capital markets and cause them to lose the confidence of private investors. These concerns have been reinforced by creditors, especially from the private sector. And the G20? Despite its commitment to private sector participation in the Common Framework for Debt Treatments, it has so far not found the political will to make such participation mandatory. However, this would be a key step to shield debtor countries from uncooperative creditors and achieve substantial debt relief.

In the run-up to the joint meeting of G20 health and finance ministers this October we have invited international experts from academia, government, and financial institutions to discuss the following questions among others:

  • Is there empirical evidence that debt relief excludes countries from much-needed development finance?
  • On what grounds could the participation from the private sector in official debt relief initiatives, comparable to other creditors, be expected?
  • In what ways can the G20 compel private sector participation and equal burden-sharing?

Further event details will be forthcoming, but please stay apprised of updates here: https://ny.fes.de/

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com. For more information on the NGO Committee on Sustainable Development-New York, please visit ngocsd-ny.org.

Public dialogue on the progress of the Inter-agency Task Force on Financing for Development

Dear colleagues,

You are cordially invited to an informal public dialogue on the progress of the Inter-agency Task Force on Financing for Development (IATF on FFD), in preparation for the 2022 Financing for Sustainable Development Report. The public dialogue will be held on the 21st of October (Thursday), 9:00 – 10:30 EDT, virtually via MS Teams.

Representatives from the Secretariat, the five major institutional stakeholders (World Bank Group, IMF, WTO, UNCTAD and UNDP), and other Task Force members will brief Member States and external stakeholders on their work. A short presentation will be followed by an interactive discussion to solicit feedback and input. We welcome the participation of all delegations and all stakeholders in this briefing and look forward to your contributions to the dialogue.

If you are interested in attending the briefing, please click here to register and you will receive a specific calendar invitation for the event.

Background information on the briefing is available on the Task Force website. For further information please contact Mr. Peter Chowla (chowla@un.org), Ms. Poh Lynn Ng (ng6@un.org), and Ms. Jie Wei (weij@un.org).

Kind regards,

Navid Hanif

Director, Financing for Sustainable Development Office, Department of Economic and Social Affairs, United Nations

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit congocsd.wordpress.com.