15.05.2019

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The UNDP together with STRIVE and the Government of Japan launched a guidance note on financing for sustainable development across sectors.

In late April 2019, the guidance note entitled “Financing across sectors for sustainable development” was published by the United Nations Development Programme (UNDP). This note provides guidance on an innovative approach developed by the UNDP and the London School of Hygiene and Tropical Medicine-supported STRIVE Research Consortium (STRIVE) to boost efficient resource allocation for integrated planning and programming for the Sustainable Development Goals (SDGs). The approach, known as ‘cross-sectoral co-financing’ or simply ‘co-financing’, offers a new way to budget for interventions that deliver benefits across multiple sectors and SDG targets simultaneously.

Specifically, co-financing calls for costs of high-value interventions to be split among benefitting sectors. Specific contributions are guided by each sector’s willingness to pay (WTP) for expected results. Co-financing responds to a well-documented challenge: high-value, cross-cutting initiatives that have positive impacts on multiple SDGs often appear too costly for a single payer (e.g. a Ministry of Education or Health) to fund or scale-up.

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