A digital artifact that gives a succinct summary of the global initiative; The Sustainable Development Goals (SDGs)

1. THE KEYS TO SUSTAINABLE DEVELOPMENT
The Sustainable Development Goals
(SDGs)
Image from unep.org

2. The Sustainable Development Goals (SDGs)
Source: United Nations (SDGs Website: https://sustainabledevelopment.un.org/?menu=1300)

3. The Sustainable Development Goals in
2030
Adopted in September 2015 at the end of the
MDGs, the SDGs are the goals to sustainable
development.
The SDGs allow for the broadening and
deepening of the meaning of development.
They represent:
•A new way of thinking
•The complex nature of the problems faced around the
world
•The value for human life (a better world for future
generations)
•Meeting the needs of the present without compromising
the ability of future generations to meet their own needs.
•Shared responsibility and Solidarity
•The need to work as a global community
•Taking better care of our home (Earth) and the people who
occupy it.

4. The Importance of Development
• Economic Growth
• National Wealth
• Human Development (measured by life expectancy,
adult literacy, and access to education, in addition to
average income levels)
• Economic Security
-(Access to clean air & safe drinking water)
• Freedom of Speech
• Freedom of Choice
• Food Security
• Political Freedom
• Easy Access to Social Services
– Health
– Education (all three levels)
– Communication
– Transportation

5. Recipe for Successful SDGs
Working
together as a
Community
Public-Private
Partnership
for
development
needs
The scientific
and academic
community
working in
synergy
The Financial Resources
(The provisions and
management of funds)
You and Me

6. The Key Players and Challenges
• The IMF
• The World Bank
• OECD Institutions
• Multilateral
Development banks
• Private Philanthropy
• Public Sector
• Domestic Institutions
Key
Players
• Insufficient Resources
• Remittances
• Top-Down Process
• Ineffective Domestic
Resource Mobilization
• Ineffective private
finance mobilization
• Public and Private
Sector Partnership
Challenges
Faced

7. Achieving Effective Public Finance
Domestic Resource
Mobilization
(DMR)
The largest source of
funding generated within
the country.
•(personal income tax, corporate
and business-related taxes, and
public revenue streams and debt
management strategies)
Illicit Financial Flows is
one of the main issues
relating to DRM. Others
include weak tax
administration & tax
policy.
International
Public Finance
Official Development
Assistance (ODA)
•(Is concessional in nature and
is provided to finance
development agenda in low
and middle income countries)
ODA, FDI, Capital
Market and Grants are a
few of the sources of
finance for developing
countries

8. The Role of the Private Sector
Drivers of Private
Finance
Investment opportunities based on
risk/return consideration
High returns and diversification
MDBs and IMF are
key supporters of
private development
They are essential in providing
•Policy Guidance (Administration and Reform)
•Technical Assistance
•Capacity Building
These institutions aim to build strong
macroeconomic and investment
climate, mobilize and crowd in private
investment.
ODA financing can be used to leverage
billions of dollars in private finance and
increase private sector participation in
development ventures.

9. Sources of Private Finance
Achieving
the SDGs
Require
Innovative
and Smart
Financing
• Foreign Direct
Investment (FDI)
• International
Portfolio
Investment
• Bank Loans
• Concessional Loans
• Capital Markets
• Domestic Financial
Markets
• Private Transfers
• Private
Philanthropy
Institutional
Investors
consist of
“Commercial
& Public
Finance”
Sovereign
Wealth Funds
Public and
Private Pension
Funds
University
Endowments.
Economic
Growth
Know-how
and
technology
transfer
Job
creation
Productivity
Gains
Private Investment Underpins

10. Other Key Methods of Finance
Blended Finance - Combines public
sector’s social return objectives and
private sector’s financial return
objectives through risk mitigation by
the public sector in a manner that
induces the private sector to
participate.
Commercial Finance -
Commercial finance is a source of
public finance with the same
risk/return objectives as the private
sector.

11. The Importance of the SDGs
Achieving the SDGs
can attain higher levels
of economic
development and
growth.
Gross Domestic
Product (GDP) can be a
weak indictor of the
full developmental
potential of an
economy.
Slow economic
development can
stagnate economic
growth
Different countries
have different
development
priorities

12. Aim of the SDGs
End all forms
of Poverty
Transforming
all Lives
Protecting
the Planet

13. Where to Now….2030?
The SDGs will pick up
where the MDGs left off.
The financial resources
needed to achieve the
SDGs will surpass
current development
financial flows
Each country will be
responsible for its own
development
The international
community will
provide the necessary
funding and support
Financial resources will
be used optimally

14. Let’s All Work Towards Achieving
Sustainable Development