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How to Assess Spending Needs of the Sustainable Development Goals

2023-12-14 Business & Economics
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Release : 2023-12-14
Genre : Business & Economics
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Book Synopsis How to Assess Spending Needs of the Sustainable Development Goals by : Piergiorgio M Carapella

Download or read book How to Assess Spending Needs of the Sustainable Development Goals written by Piergiorgio M Carapella. This book was released on 2023-12-14. Available in PDF, EPUB and Kindle. Book excerpt: This note provides a technical overview and description of the 3rd edition of the IMF SDG costing tool that estimates the additional spending needs to achieve a strong performance in selected SDGs for human capital development (health and education) and physical capital development (infrastructure), in particular, water and sanitation, electricity, and roads. The 3rd edition includes data and methodological updates to, but generally remains faithful to the original approach described in, Gaspar et al. (2019). Globally, additional spending needed to achieve a strong performance in the selected SDGs in 2030 amounts to US$3.0 trillion (3.4 percent of 2030 world GDP). Estimated at 16.1 percent of 2030 LIDC GDP, the average additional SDG cost of this income group is significantly higher than in EMEs, who face additional spending amounting to 4.8 percentage points of their GDP in 2030. In contrast to EMEs and LIDCs, the additional cost for AEs is low, under 0.2 percent of their 2030 GDP.

Pakistan: Spending Needs for Reaching Sustainable Development Goals (SDGs)

2021-04-29 Business & Economics
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Release : 2021-04-29
Genre : Business & Economics
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Book Rating : 399/5 ( reviews)

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Book Synopsis Pakistan: Spending Needs for Reaching Sustainable Development Goals (SDGs) by : Fernanda Brollo

Download or read book Pakistan: Spending Needs for Reaching Sustainable Development Goals (SDGs) written by Fernanda Brollo. This book was released on 2021-04-29. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses the additional spending required to make substantial progress towards achieving the SDGs in Pakistan. We focus on critical areas of human (education and health) and physical (electricity, roads, and water and sanitation) capital. For each sector, we document the progress to date, assess where Pakistan stands relative to its peers, highlight key challenges, and estimate the additional spending required to make substantial progress. The estimates for the additional spending are derived using the IMF SDG costing methodology. We find that to achieve the SDGs in these sectors would require additional annual spending of about 16 percent of GDP in 2030 from the public and private sectors combined.

A Post-Pandemic Assessment of the Sustainable Development Goals

2021-04-27 Business & Economics
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Release : 2021-04-27
Genre : Business & Economics
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Book Rating : 902/5 ( reviews)

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Book Synopsis A Post-Pandemic Assessment of the Sustainable Development Goals by : Ms. Dora Benedek

Download or read book A Post-Pandemic Assessment of the Sustainable Development Goals written by Ms. Dora Benedek. This book was released on 2021-04-27. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic hit countries’ development agendas hard. The ensuing recession has pushed millions into extreme poverty and has shrunk government resources available for spending on achieving the United Nations Sustainable Development Goals (SDGs). This Staff Discussion Note assesses the current state of play on funding SDGs in five key development areas: education, health, roads, electricity, and water and sanitation, using a newly developed dynamic macroeconomic framework.

Meeting the Sustainable Development Goals in Small Developing States with Climate Vulnerabilities: Cost and Financing

2021-03-05 Business & Economics
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Release : 2021-03-05
Genre : Business & Economics
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Book Rating : 575/5 ( reviews)

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Book Synopsis Meeting the Sustainable Development Goals in Small Developing States with Climate Vulnerabilities: Cost and Financing by : International Monetary Fund

Download or read book Meeting the Sustainable Development Goals in Small Developing States with Climate Vulnerabilities: Cost and Financing written by International Monetary Fund. This book was released on 2021-03-05. Available in PDF, EPUB and Kindle. Book excerpt: Small Developing States (SDS) face substantial challenges in achieving sustainable development. Many of these challenges relate to the small size and limited diversification of their economies. SDS are also among the most vulnerable countries to the impact of climate change and natural disasters. Meeting SDS sustainable development goals goes hand-in-hand with building their climate resilience. But the additional costs to meet development and resilience objectives are substantial and difficult to finance. This work adapts the IMF SDG Costing methodology to capture the unique characteristics and challenges of climate-vulnerable SDS. It also zooms into financing options, estimating domestic tax potential and discussing the possibility of accessing ‘climate funds.’

From Summits to Solutions

2018-07-24 Business & Economics
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Release : 2018-07-24
Genre : Business & Economics
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Book Rating : 649/5 ( reviews)

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Book Synopsis From Summits to Solutions by : Raj M. Desai

Download or read book From Summits to Solutions written by Raj M. Desai. This book was released on 2018-07-24. Available in PDF, EPUB and Kindle. Book excerpt: A positive agenda for achieving the Sustainable Development Goals by 2030 All 193 member nations of the United Nations agreed in September 2015 to adopt a set of seventeen "Sustainable Development Goals," to be achieved by 2030. Each of the goals—in such areas as education and health care —is laudable in and of itself, and governments and organizations are working hard on them. But so far there is no overall, positive agenda of what new things need to be done to ensure the goals are achieved across all nations. In a search of fresh approaches to the longstanding problems targeted by the Sustainable Development Goals, the Japan International Cooperation Agency and the Global Economy and Development program at Brookings mounted a collaborative research effort to advance implementation of Agenda 2030. This edited volume is the product of that effort. The book approaches the UN's goals through three broad lenses. The first considers new approaches to capturing value. Examples include Nigeria's first green bonds, practical methods to expand women's economic opportunities, benchmarking to reflect business contributions to achieving the goals, new incentives for investment in infrastructure, and educational systems that promote cross-sector problem solving. The second lens entails new approaches to targeting places, including oceans, rural areas, fast-growing developing cities, and the interlocking challenge of data systems, including geospatial information generated by satellites. The third lens focuses on updating governance, broadly defined. Issues include how civil society can align with the SDG challenge; how an advanced economy like Canada can approach the goals at home and abroad; what needs to be done to foster new approaches for managing the global commons; and how can multilateral institutions for health and development finance evolve.

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