On April 18, the High-Level SDG Financing Lab met to discuss how financing and resources are available for the successful implementation of the Sustainable Development Goals (SDGs). Goal 5 (on gender equality) is a top priority for Women Thrive Alliance and our 264 members from over 50 countries.
Women Thrive used Storify to share highlights the event.
Adequate financing for the #SDGs is crucial for successful implementation. As we’re having these high-level conversations, Women Thrive wants to make sure that grassroots organizations have a voice in the process, and are part of the strategy to secure financing for the 2030 Agenda.
Deputy Secretary-General, Amina J Mohammed, started the conversation with important reminders of what remains to be achieved: “We need to invest in South-South cooperation and close the digital divide.”
As the private sector and governments come together to build partnerships that would increase resources for SDG implementation, it is important to raise the issue of the role of civil society organizations in this process. Civil Society plays an important role in keeping both governments and the private sector accountable, and should not be left out.
Global South and grassroots women and girls were not represented in these discussions. Including their perspectives on the financing of gender equality work on the ground is crucial, especially as we discuss the fact that the current financial system is not adapted to the promotion of equality and rights for all.
Public institutions can do much more than just investing.They can think outside of the box, & can end tax avoidance for ex @forfinancewatch
After a quick break, member states shared the eagerness to finance the SDGs and the mechanisms developed to implement them.
Afghanistan has developed national priority programs, including a private sector devt program aiming at increasing PPPs @AfghanMissionUN
Member states also shared the challenges they and the global community faces to successfully implement the SDGs.
After a day of hearing from U.N. member states, private sector representatives, and civil society organizations, the subject of #SDGFinancing is still a question.
1. The big “?” today was what are we measuring? Tax dollars? PPPs? There’s an opportunity for the @UN to convene a discussion on this
2 (continued). We need to align the risk sharing agreement between private sector and public actors through stronger PPPs #SDGFinancing
3. We need to build capacity in private sector to change basic culture of banks & businesses, & build enabling environment #SDGFinancing
4. (Continued) there is a need to move beyond innovation and industrialize sustainable financing #SDGFinancing
And, as @ColombiaONU said: