On 28 November, a Knowledge Exchange Symposium on Development Finance Assessment (DFA) hosted by UNDP will take place in the margins of the Second High-Level Meeting of the Global Partnership (HLM2). The discussion will build momentum towards HLM2 preparation with country-level experiences of linking financing with results and institutional reforms and South-South learning opportunities.
In response to the call from countries in the Addis Ababa Action Agenda(AAAA) at the 3rd International Conference on Financing for Development in which countries are encouraged to formulate Integrated National Financing Frameworks (INFFs) to link development finance with Agenda 2030, UNDP has developed a tool to help countries construct INFFs to implement the SDGs – the Development Finance Assessment (DFA). The DFA provides planning, finance and other ministries, with data and analysis on the changing trends in development finance. It also provides a set of recommendations for how institutions and systems might be adjusted to ensure that different sources of development finance might be managed within a coherent framework, which better supports the achievement of national priorities and results including the SDGs.
With a focus on development principles being applied to financing the SDGs, panellists from governments, regional platforms, international organisations and experts from the development finance community will explore how regional platforms can support countries in implementing INFFs and showcase lessons from DFAs completed and underway. The target audience includes government officials from ministries of finance, planning and aid management and colleagues from civil society, private sector and others focused on development finance.
By participating in this event, participants will gain knowledge and practical understanding of how finance can be linked to results at the country level and the SDGs implementation; how the DFA is conducted and its potential impacts; the experiences of countries who have commissioned a DFA; and how to move forward with the DFA in the context of the AAAA.