The Joint Sustainable Development Goals (SDG)Fund is an innovative instrument to incentivize the transformative policy shifts and stimulate the strategic investments required to get the world back on track to meet the SDGs. The UN Secretary-General sees the Joint SDG Fund as a key part of the reform of the UN’s development work by providing the “muscle” for a new generation of Resident Coordinators (RCs) and UN Country Teams (UNCTs) to really accelerate SDG implementation.
World leaders have made ambitious commitments to achieve the SDGs. Yet, securing enough resources remains a major challenge, with developing countries facing a gap estimated between US$ 2.5 to 3 trillion per year. What’s more, with governments and markets facing the massive financial challenge of helping countries address the immediate socio-economic impact of COVID-19, private capital will play a critical role in both addressing these needs and financing paths towards achievement of the SDGs.
On Tuesday, 6 October, 2020 at 08:00 - 09:20 am EST, the Joint SDG Fund will host a webinar: Investing in the SDGs: From Rhetoric to Reality, the virtual event will explore how the Joint SDG Fund can contribute to closing the financing gap to achieve the SDGs in developing countries by bringing together the UN system and the private sector. The Joint SDG Fund will showcase the results of its call for proposals on SDG Financing, that aims to support key initiatives that can leverage public and private financing to advance the SDGs.