SlideShare a Scribd company logo
The Sustainable
Development
Goals
Reality & Prospects
Mahmoud Mohieldin, Senior Vice President
World Bank Group
Mahmoud Mohieldin
March 13th, 2017
Global
Context
2
GDP Growth (Percent)
Source: World Bank.
Global Economy
0
1
2
3
4
5
2012
2013
2014
2015
2016
2017
2018
2019
World Advanced economies EMDEs
3
GDP Growth (Percent)
Source: World Bank.
Regional Economy
0
1
2
3
4
5
MENA
Oil
importers
GCC
Non-GCCoil
exporters
2016 2017 2018 2019 1991-2008
4
Looking Back: The MDGs Era
71
35
40
67
38
34
15
67
36
11
8
12
10
18
4
3
5
7
7
4
11
7
16
18
11
2
7
2
13
17
11
37
33
20
12
14
27
52
40
28
34
54
88
40
58
27
33
25
22
2
2
8
19
23
MDG Progress, by number of countries
Target Met Sufficient Progress (by 2015) Insufficient Progress (2015-2020)
Moderately off target (2020-2030) Seriously Off Target (after 2030) Insufficient Data
MDG 1.1: Poverty
MDG 1.9: Malnourishment
MDG 2.2: Primary Completion
MDG 3.1: Gender Parity
MDG 4.1: Under-5 Mortality
MDG 4.2: Infant Mortality
MDG 5.1: Maternal Mortality
MDG 7.8: Water
MDG 7.9: Sanitation
Progress on Child & Maternal Mortality
5
0
20
40
60
80
100
120
1990 2000 2015
Under-5 Mortality Rate (per 1,000) 1990-2015
Middle East & North Africa Low & middle income
0
50
100
150
200
250
300
350
400
450
1990 2000 2015
Maternal Mortality Ratio (per 100,000)
1990-2015
6
Global Frameworks for Development:
From MDGs to SDGs
The global development agendas serve as a compass and guide for
countries to determine their national development path
MDGs (2000-2015) SDGs (2016-2030)
Goals 8 17
Targets 21 169
Indicators 60 ~231
Priority Areas Human Development
Holistic: Economic, Social,
Environmental
Scope Developing Countries Universal
7
The Sustainable Development
Goals
The 2030 Agenda of Ending Poverty, Preserving the Planet,
While Leaving No One Behind
8
Alignment of Countries to
the Sustainable Development Goals
Country development strategy aligned
Institutional structures aligned
84 governments presented their plans on achieving the SDGs*:
PRIORITY GOALS HIGHLIGHTED BY COUNTRIES:
*based on analysis of statements made at April 21 UN HLTD event on SDG implementation
9
Conflicts
Lack of
financing
Lack of
capacity
Clim.
change
Lack
data
Enviro
nment
Viol-
ence
Climate
change
Lack
of fin
Lack
data
Lack
capa
-city
Lack of
capacity
Climate
change
Lack of
financing
Conflicts
Violence/
extremism
Environ-
ment Lack of
capacity
Climate
change
Lack
of
data
Conf-
licts
CC
Lack
capa
-city
Climate
change
Trade
restric-
tions
Pop.
displa-
cement
Conflicts
violence
Lack
data
Lack
fin.
Conflicts, Climate Change, Financing, Data
Most Frequently Identified Challenges
* Based on analysis of statements made on April 21, 2016 during the High-Level Thematic Debate (HLTD) event held at United Nations. Statements
available online: https://papersmart.unmeetings.org/ga/70th-session/high-level-thematic-debate-on-achieving-the-sustainable-development-
goals/statements/
10
WBG Areas For Action To Support The 2030 Agenda
IMPLEMENTATIONDATA
Country engagement
model; Draw on strength
of entire WBG to provide
integrated solutions
Ensure availability of
household budget surveys in
78 poorest countries every
three years; data revolution;
statistical capacity building
WBG action on the SDGs has been articulated along these three focus areas
FINANCING
Domestic resource
mobilization; leveraging
private sector; addressing
needs of regional and global
public goods
Financing
Critical Components Of
Financing For Development
1. National public resources:
Improving domestic resource
mobilization (DRM)
2. Global public resources: Better and smarter aid
3. National and global
private resources:
Unlocking private investment for
development, Attracting FDI,
Remittances, Philanthropic finance
• The World Economic Forum estimated that annual demand for infrastructure finance
alone is $3.7 trillion. With annual investment currently around $2.7 trillion, this leaves a
gap of $1 trillion per year.
• According to the Global Commission on the Economy and Climate, incorporating climate
considerations raises the financing gap even further, to $2-3 trillion per year.
13
1. Domestic Resources
• A country’s ability to mobilize domestic
resources (DRM) and spend them
effectively – at the national, sub-national
and municipal levels –lies at the crux of
financing for development.
• Strengthening the capacity of local
governments, including to raise their
own revenues, to manage expenditures
and service delivery, and to borrow and
manage debt prudently is critical;
• Developing inter-government fiscal
transfer arrangements that consider the
needs of sub-national governments and
equalize fiscal capacity and expenditure
is also critical
Source: IMF data
0
0.05
0.1
0.15
0.2
0.25
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Median tax revenue as a percent of GDP by
Income grouping, 1990-2014 (Tax/ GDP Ratio)
High income Upper middle income
Lower middle income Low income
14
2. Official Development Assistance
As development challenges at the global and national levels increase, so too should the resource
envelope available to meet these needs….ODA flows are simply not enough.
0
200000
400000
600000
800000
1000000
1200000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Developing countries' total resource receipts
ODA Non-ODA Personal remittances
ODA: Official Development Assistance. ODA in the chart includes bilateral ODA and multilateral concessional flows.
Non-ODA flows include: other official developmental flows, officially-supported export credits, FDI, other private flows at market terms and private grants.
Adjusted gross disbursements, three-year moving average, USD million, 2012 constant prices.
Sources. Remittances, World Bank. Other resource flows, DAC statistics. NB: Data on flows to MADCTs are only available up to 2010.
15
3. Mobilizing Private Resources
As development challenges at the global and national levels increase, so too
should the resource envelope available to meet these needs….
• Aggregate assets held by ten largest MDBs: $1.3 trillion
• Making the “Billions to Trillions” pledge a reality requires expanding the pool of
development capital beyond the multilateral development banks (MDBs) and official
agencies.
• Private funds:
o $2 trillion of assets held by the world’s ten largest pension funds
o $4.5 trillion of assets held by the world’s ten largest insurance companies
o $5 trillion in assets held by the world’s ten largest sovereign wealth funds
o $100 trillion global bond market
• The global community looks to the World Bank Group to lead on the “Billions to
Trillions” initiative - a call to greatly increase the financial capacity that can be
deployed to meet the Sustainable Development Goals.
16
PUBLIC & CONCESSIONAL FINANCING,
INCLUDING SUB-SOVEREIGN
• Public finance (incl. national development banks and
domestic SWF)
• MDBs and DFIs
COMMERCIAL
FINANCING
PUBLIC AND CONCESSIONAL
RESOURCES FOR RISK
INSTRUMENTS
& CREDIT ENHANCEMENTS
• Guarantees
• First Loss
UPSTREAM REFORMS
& MARKET FAILURES
• Country and Sector Policies
• Regulations and Pricing
• Institutions and Capacity
3
4
2
Sustainable Finance
The Cascade
Can commercial financing be cost-
effectively mobilized for sustainable
investment? If not…
Can upstream reforms be
put in place to address
market failures? If not…
Can risk instruments & credit
enhancements cost-effectively
cover remaining risks? If not…
Can development
objectives be resolved with
scarce public financing?
1
Data
19
Improving data availability
Good Data Informs Implementation
50
55
60
65
70
75
80
85
90
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
South Asia East Asia & Pacific Latin America & Caribbean Europe & Central Asia Middle East & North Africa
Statistical Capacity Score (scale: 0-100)
20
Improving data availability
Good Data Informs Implementation
Number of Poverty Data since 1976
Implementation
Growth for poverty reduction – five common characteristics
22
Innovation
• Openness
• Import knowledge
• Exploit global demand
Inclusion
• Leadership and governance
• Credible commitment to growth
• Credible commitment to inclusion
• Capable administration
Stabilization
• Macroeconomic stability
• Modest inflation
• Sustainable public finances
Accumulation
• Future orientation
• High investment
• High saving
Allocation
• Market Allocation
• Prices guide resources
• Resources follow prices
Key Areas for Countries to Unlock
their Implementation Potential
23
Cumulative change in population, 2015-50
Harnessing the Demographic Transition
Key Areas for Countries to Unlock
their Implementation Potential
24
Managing Urbanization: 96% of increase in developing country
population between now and 2030 will be in urban areas
Key Areas for Countries to Unlock
their Implementation Potential
Share of Urban Population (% of total)
25
Proportion of urban population living in slums, 1990–2010
Key Areas for Countries to Unlock
their Implementation Potential
Managing urbanization
26
Key Areas for Countries to Unlock
their Implementation Potential
Managing urbanization
27
Poverty and under-5 mortality for base simulation
Key Areas for Countries to Unlock
their Implementation Potential
Managing urbanization
28
Managing urbanization
Better SDG
outcomes
Slums emerge;
0.8 billion people
live in slums
Plan:
• Value land use through
transparent assessment
• Coordinate land use with
infrastructure, natural
resources, and hazard risk
• Leverage competitive
markets alongside regulation
to expand basic services
Connect:
• Value the city’s external and
internal connections
• Coordinate among transport
options and with land use
• Leverage investments that will
generate the largest returns—
individually and collectively
Finance:
• Value and develop the
city’s creditworthiness
• Coordinate public-private
finance using clear,
consistent rules
• Leverage existing assets
to develop new ones, and
link both to land use
planning
Key Areas for Countries to Unlock
their Implementation Potential
29
Addressing the impact of climate change
• Strengthening resilience: boosting natural capital, physical
capital, and human and social capital, including social protection
for the more vulnerable
• Examples: climate-smart agriculture, integrated watershed
management
• Powering resilience: increasing low-carbon energy sources
• Examples: Leveraging potential of solar and hydro power
• Enabling resilience: providing essential data, information, and
decision-making tools for promoting climate resilient-development
across sectors at the regional and country level
• Examples: early warning systems, hydro-met program, climate
resilient investment facility
Key Areas for Countries to Unlock
their Implementation Potential
World Bank Group
31
IDA: WBG Fund for the Poorest
• IDA is one of the largest sources of assistance for
77 countries, 39 of which are in Africa.
• IDA lends money on concessional terms.
• This means that IDA credits have a zero or very low
interest charge and repayments are stretched over 25
to 40 years, including a 5- to 10-year grace period.
• IDA also provides grants to countries at risk of debt
distress.
• The 18th replenishment, just concluded this year,
mobilized a record $ 75B Commitment.
32
IDA’s New Private Sector Window
Objective: Unlock significant opportunities
to mobilize private capital, and help scale
up the growth of a sustainable and
responsible private sector in IDA countries.
• Set aside US$2.5 billion ($2bn for IFC and
$500mn for MIGA)
• Designed to target significant barriers to private
sector development.
33
World Bank/IBRD Treasury Issues Equity-
index Linked Bonds
• Bonds that for the first time directly link
returns to the performance of
companies advancing global
development priorities set out in the
2030 Agenda
• The equity-index linked bonds raised a
total of EUR163 million from
institutional investors in France and Italy
• World Bank Group Treasury anticipates
coming to market with similar issuances
that would attract a range of investors
across the world
Sources: World Bank Group Treasury, Press Release from 03/09/2017
34
IFC: Private Sector Arm Of The WBG
• IFC was founded on the idea that the
private sector is essential to development.
• IFC can help address critical constraints in
areas such as finance, infrastructure,
employee skills, and the regulatory
environment.
35
Creating Markets is a WBG Agenda:
EACH STEPPING UP, ALL CREATING IMPACT TOGETHER
• “IFC 3.0”: A change in business model: from
leveraging markets to creating markets
•Going upstream and working to create bankable projects
•Clear asks of Bank: specific areas where de-risking needed
•New mobilization mechanisms, broader institutional and
other investor networks
• Institutional enablers
• Aligned incentives: To focus on enabling private solutions
to public issues
• Budget allocation: To support Bank de-risking activities
• Engagement mechanisms: To process sourcing, analytics,
ex ante development impact assessment, implementation
• New capabilities: Financial and technical
World Bank Strategy For MENA
36
MENA Strategy: the First Pillar
Improving Governance and Accountability
37
MENA Strategy: the First Pillar
Regional Integration
38
MENA Strategy: the Second Pillar
Resilience to shocks of refugees and IDPs &
Recovery and Reconstruction
39
Thank You
Mahmoud Mohieldin,
SVP

More Related Content

What's hot

Prospects for achieving the sustainable development goals and the role of Isl...
Prospects for achieving the sustainable development goals and the role of Isl...Prospects for achieving the sustainable development goals and the role of Isl...
Prospects for achieving the sustainable development goals and the role of Isl...
SDGsPlus
 
On Poverty: A Brief Tour on Theory & Practice
On Poverty: A Brief Tour on Theory & PracticeOn Poverty: A Brief Tour on Theory & Practice
On Poverty: A Brief Tour on Theory & Practice
SDGsPlus
 
Transforming African Economies: Interconnectedness, Investment, and Inclusive...
Transforming African Economies: Interconnectedness, Investment, and Inclusive...Transforming African Economies: Interconnectedness, Investment, and Inclusive...
Transforming African Economies: Interconnectedness, Investment, and Inclusive...
OECDglobal
 
Pacific alliance presentation
Pacific alliance  presentationPacific alliance  presentation
Pacific alliance presentationProColombia
 
Sub-Saharan Africa Economic Outlook
Sub-Saharan Africa Economic OutlookSub-Saharan Africa Economic Outlook
Sub-Saharan Africa Economic Outlook
Investisseurs & Partenaires
 
Strength from Abroad: The Economic Power of the Diaspora
Strength from Abroad: The Economic Power of the DiasporaStrength from Abroad: The Economic Power of the Diaspora
Strength from Abroad: The Economic Power of the Diaspora
Omosomi Omomia, MBA
 
White Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment ClimateWhite Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment Climate
SW Associates, LLC
 
The state of finance for development countries, 2014
The state of finance for development countries, 2014The state of finance for development countries, 2014
The state of finance for development countries, 2014Dr Lendy Spires
 
The 2030 Development Agenda & Islamic Finance
The 2030 Development Agenda & Islamic FinanceThe 2030 Development Agenda & Islamic Finance
The 2030 Development Agenda & Islamic Finance
SDGsPlus
 
Nstp 2-lesson-4-dimensions-of-development (5)
Nstp 2-lesson-4-dimensions-of-development (5)Nstp 2-lesson-4-dimensions-of-development (5)
Nstp 2-lesson-4-dimensions-of-development (5)
marilou limpot
 
Djibouti country strategy world bank 2014
Djibouti country strategy world bank 2014Djibouti country strategy world bank 2014
Djibouti country strategy world bank 2014
Parti Djibouti
 
The BRICs are taking control
The BRICs are taking controlThe BRICs are taking control
The BRICs are taking control
Tom Dewaele
 
Chinese Development Finance Update
Chinese Development Finance UpdateChinese Development Finance Update
Chinese Development Finance Update
World Resources Institute (WRI)
 
United States 2020 Statistics report
United States 2020 Statistics reportUnited States 2020 Statistics report
United States 2020 Statistics report
zulariffin maarof
 
OCR F585 Global Economy Extract 5
OCR F585 Global Economy Extract 5OCR F585 Global Economy Extract 5
OCR F585 Global Economy Extract 5
tutor2u
 
Does the end use of remittance matter a macro simulation of the nigerian eco...
 Does the end use of remittance matter a macro simulation of the nigerian eco... Does the end use of remittance matter a macro simulation of the nigerian eco...
Does the end use of remittance matter a macro simulation of the nigerian eco...
Alexander Decker
 
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...Moses Oduh
 
BRIC NATIONS
BRIC NATIONSBRIC NATIONS
BRIC NATIONS
Anu Radha
 
Key factor of the stainable development.org
Key factor of the stainable development.orgKey factor of the stainable development.org
Key factor of the stainable development.org
LATTANABANPHOT CHOUNLAMUTY
 
Robert Powell @ OMD Predicts
Robert Powell @ OMD PredictsRobert Powell @ OMD Predicts
Robert Powell @ OMD Predicts
OMD Digital
 

What's hot (20)

Prospects for achieving the sustainable development goals and the role of Isl...
Prospects for achieving the sustainable development goals and the role of Isl...Prospects for achieving the sustainable development goals and the role of Isl...
Prospects for achieving the sustainable development goals and the role of Isl...
 
On Poverty: A Brief Tour on Theory & Practice
On Poverty: A Brief Tour on Theory & PracticeOn Poverty: A Brief Tour on Theory & Practice
On Poverty: A Brief Tour on Theory & Practice
 
Transforming African Economies: Interconnectedness, Investment, and Inclusive...
Transforming African Economies: Interconnectedness, Investment, and Inclusive...Transforming African Economies: Interconnectedness, Investment, and Inclusive...
Transforming African Economies: Interconnectedness, Investment, and Inclusive...
 
Pacific alliance presentation
Pacific alliance  presentationPacific alliance  presentation
Pacific alliance presentation
 
Sub-Saharan Africa Economic Outlook
Sub-Saharan Africa Economic OutlookSub-Saharan Africa Economic Outlook
Sub-Saharan Africa Economic Outlook
 
Strength from Abroad: The Economic Power of the Diaspora
Strength from Abroad: The Economic Power of the DiasporaStrength from Abroad: The Economic Power of the Diaspora
Strength from Abroad: The Economic Power of the Diaspora
 
White Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment ClimateWhite Paper on Canada Tourism Investment Climate
White Paper on Canada Tourism Investment Climate
 
The state of finance for development countries, 2014
The state of finance for development countries, 2014The state of finance for development countries, 2014
The state of finance for development countries, 2014
 
The 2030 Development Agenda & Islamic Finance
The 2030 Development Agenda & Islamic FinanceThe 2030 Development Agenda & Islamic Finance
The 2030 Development Agenda & Islamic Finance
 
Nstp 2-lesson-4-dimensions-of-development (5)
Nstp 2-lesson-4-dimensions-of-development (5)Nstp 2-lesson-4-dimensions-of-development (5)
Nstp 2-lesson-4-dimensions-of-development (5)
 
Djibouti country strategy world bank 2014
Djibouti country strategy world bank 2014Djibouti country strategy world bank 2014
Djibouti country strategy world bank 2014
 
The BRICs are taking control
The BRICs are taking controlThe BRICs are taking control
The BRICs are taking control
 
Chinese Development Finance Update
Chinese Development Finance UpdateChinese Development Finance Update
Chinese Development Finance Update
 
United States 2020 Statistics report
United States 2020 Statistics reportUnited States 2020 Statistics report
United States 2020 Statistics report
 
OCR F585 Global Economy Extract 5
OCR F585 Global Economy Extract 5OCR F585 Global Economy Extract 5
OCR F585 Global Economy Extract 5
 
Does the end use of remittance matter a macro simulation of the nigerian eco...
 Does the end use of remittance matter a macro simulation of the nigerian eco... Does the end use of remittance matter a macro simulation of the nigerian eco...
Does the end use of remittance matter a macro simulation of the nigerian eco...
 
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...
Does the End Use of Remittance Matter? A Macro Simulation of the Nigerian Eco...
 
BRIC NATIONS
BRIC NATIONSBRIC NATIONS
BRIC NATIONS
 
Key factor of the stainable development.org
Key factor of the stainable development.orgKey factor of the stainable development.org
Key factor of the stainable development.org
 
Robert Powell @ OMD Predicts
Robert Powell @ OMD PredictsRobert Powell @ OMD Predicts
Robert Powell @ OMD Predicts
 

Similar to The Sustainable Development Goals: Reality & Prospects

Evolving Financial Systems to Reach the SDGs
Evolving Financial Systems to Reach the SDGsEvolving Financial Systems to Reach the SDGs
Evolving Financial Systems to Reach the SDGs
SDGsPlus
 
Delivering the Sustainable Development Goals (SDGs) at the Grassroots Level
Delivering the Sustainable Development Goals (SDGs) at the Grassroots LevelDelivering the Sustainable Development Goals (SDGs) at the Grassroots Level
Delivering the Sustainable Development Goals (SDGs) at the Grassroots Level
SDGsPlus
 
Sustainable Development Goals and the WBG “Leave No One Behind”
Sustainable Development Goals and the WBG “Leave No One Behind”Sustainable Development Goals and the WBG “Leave No One Behind”
Sustainable Development Goals and the WBG “Leave No One Behind”
SDGsPlus
 
Progress of Arab Economies in a Changing World
Progress of Arab Economies in a Changing WorldProgress of Arab Economies in a Changing World
Progress of Arab Economies in a Changing World
SDGsPlus
 
The effectiveness of the international financial system in advancing sustaina...
The effectiveness of the international financial system in advancing sustaina...The effectiveness of the international financial system in advancing sustaina...
The effectiveness of the international financial system in advancing sustaina...
SDGsPlus
 
On the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic FinanceOn the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic Finance
SDGsPlus
 
On the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic FinanceOn the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic Finance
SDGsPlus
 
Implementing the SDGs in a Changing World
Implementing the SDGs in a Changing WorldImplementing the SDGs in a Changing World
Implementing the SDGs in a Changing World
SDGsPlus
 
Turning Ideas Into Action: Financing the Post-2015 Agenda
Turning Ideas Into Action: Financing the Post-2015 AgendaTurning Ideas Into Action: Financing the Post-2015 Agenda
Turning Ideas Into Action: Financing the Post-2015 Agenda
SDGsPlus
 
SDGs and Progress in the Arab World
SDGs and Progress in the Arab WorldSDGs and Progress in the Arab World
SDGs and Progress in the Arab World
SDGsPlus
 
Financing for Development Post-2015: Challenges and Solutions
Financing for Development Post-2015: Challenges and SolutionsFinancing for Development Post-2015: Challenges and Solutions
Financing for Development Post-2015: Challenges and Solutions
SDGsPlus
 
Implementing the SDGs in a Changing World
Implementing the SDGs in a Changing WorldImplementing the SDGs in a Changing World
Implementing the SDGs in a Changing World
SDGsPlus
 
Global Developments and Regional Implications
Global Developments and Regional ImplicationsGlobal Developments and Regional Implications
Global Developments and Regional Implications
SDGsPlus
 
The Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
The Role of Multilateral Development Banks (MDBs) in the 2030 AgendaThe Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
The Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
Marc-Anton Pruefer
 
Ffd mooc final project
Ffd mooc final projectFfd mooc final project
Ffd mooc final project
Elina Penttinen
 
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
SDGsPlus
 
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
SDGsPlus
 
Islamic Finance, the SDGs & Impact Investing
Islamic Finance, the SDGs & Impact InvestingIslamic Finance, the SDGs & Impact Investing
Islamic Finance, the SDGs & Impact Investing
SDGsPlus
 
Arab Strategy Forum
Arab Strategy ForumArab Strategy Forum
Arab Strategy Forum
SDGsPlus
 
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
SDGsPlus
 

Similar to The Sustainable Development Goals: Reality & Prospects (20)

Evolving Financial Systems to Reach the SDGs
Evolving Financial Systems to Reach the SDGsEvolving Financial Systems to Reach the SDGs
Evolving Financial Systems to Reach the SDGs
 
Delivering the Sustainable Development Goals (SDGs) at the Grassroots Level
Delivering the Sustainable Development Goals (SDGs) at the Grassroots LevelDelivering the Sustainable Development Goals (SDGs) at the Grassroots Level
Delivering the Sustainable Development Goals (SDGs) at the Grassroots Level
 
Sustainable Development Goals and the WBG “Leave No One Behind”
Sustainable Development Goals and the WBG “Leave No One Behind”Sustainable Development Goals and the WBG “Leave No One Behind”
Sustainable Development Goals and the WBG “Leave No One Behind”
 
Progress of Arab Economies in a Changing World
Progress of Arab Economies in a Changing WorldProgress of Arab Economies in a Changing World
Progress of Arab Economies in a Changing World
 
The effectiveness of the international financial system in advancing sustaina...
The effectiveness of the international financial system in advancing sustaina...The effectiveness of the international financial system in advancing sustaina...
The effectiveness of the international financial system in advancing sustaina...
 
On the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic FinanceOn the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic Finance
 
On the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic FinanceOn the Sustainable Development Goals and the Role of Islamic Finance
On the Sustainable Development Goals and the Role of Islamic Finance
 
Implementing the SDGs in a Changing World
Implementing the SDGs in a Changing WorldImplementing the SDGs in a Changing World
Implementing the SDGs in a Changing World
 
Turning Ideas Into Action: Financing the Post-2015 Agenda
Turning Ideas Into Action: Financing the Post-2015 AgendaTurning Ideas Into Action: Financing the Post-2015 Agenda
Turning Ideas Into Action: Financing the Post-2015 Agenda
 
SDGs and Progress in the Arab World
SDGs and Progress in the Arab WorldSDGs and Progress in the Arab World
SDGs and Progress in the Arab World
 
Financing for Development Post-2015: Challenges and Solutions
Financing for Development Post-2015: Challenges and SolutionsFinancing for Development Post-2015: Challenges and Solutions
Financing for Development Post-2015: Challenges and Solutions
 
Implementing the SDGs in a Changing World
Implementing the SDGs in a Changing WorldImplementing the SDGs in a Changing World
Implementing the SDGs in a Changing World
 
Global Developments and Regional Implications
Global Developments and Regional ImplicationsGlobal Developments and Regional Implications
Global Developments and Regional Implications
 
The Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
The Role of Multilateral Development Banks (MDBs) in the 2030 AgendaThe Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
The Role of Multilateral Development Banks (MDBs) in the 2030 Agenda
 
Ffd mooc final project
Ffd mooc final projectFfd mooc final project
Ffd mooc final project
 
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
Progress in a Changing World: Sustainable Development Goals, 4th Industrial R...
 
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
Needs of Countries in Special Situations: African Countries, LDCs, LLDCs, and...
 
Islamic Finance, the SDGs & Impact Investing
Islamic Finance, the SDGs & Impact InvestingIslamic Finance, the SDGs & Impact Investing
Islamic Finance, the SDGs & Impact Investing
 
Arab Strategy Forum
Arab Strategy ForumArab Strategy Forum
Arab Strategy Forum
 
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
Africa and the 2030 Sustainable Development Agenda: the Role of Financial Mar...
 

More from SDGsPlus

The State of the Sustainable Development Goals in the Arab Region
The State of the Sustainable Development Goals in the Arab RegionThe State of the Sustainable Development Goals in the Arab Region
The State of the Sustainable Development Goals in the Arab Region
SDGsPlus
 
SDGs in OIC Countries: Data, Finance and Implementation
SDGs in OIC Countries: Data, Finance and ImplementationSDGs in OIC Countries: Data, Finance and Implementation
SDGs in OIC Countries: Data, Finance and Implementation
SDGsPlus
 
Sustainable Development Finance, Current Trends and Maximizing Impact
Sustainable Development Finance, Current Trends and Maximizing ImpactSustainable Development Finance, Current Trends and Maximizing Impact
Sustainable Development Finance, Current Trends and Maximizing Impact
SDGsPlus
 
Sustainability, infrastructure and resilience in the era of the SDGs
Sustainability, infrastructure and resilience in the era of the SDGsSustainability, infrastructure and resilience in the era of the SDGs
Sustainability, infrastructure and resilience in the era of the SDGs
SDGsPlus
 
Solutions for all: Global Challenges to Achieve the SDGs
Solutions for all: Global Challenges to Achieve the SDGsSolutions for all: Global Challenges to Achieve the SDGs
Solutions for all: Global Challenges to Achieve the SDGs
SDGsPlus
 
On Ideas and Economic Policy: A Survey of MENA Economists
On Ideas and Economic Policy: A Survey of MENA EconomistsOn Ideas and Economic Policy: A Survey of MENA Economists
On Ideas and Economic Policy: A Survey of MENA Economists
SDGsPlus
 
The Global Goals need business: Business needs the Global Goals
The Global Goals need business: Business needs the Global GoalsThe Global Goals need business: Business needs the Global Goals
The Global Goals need business: Business needs the Global Goals
SDGsPlus
 
Education and the SDGs in the Age of Great Disruptions
Education and the SDGs in the Age of Great DisruptionsEducation and the SDGs in the Age of Great Disruptions
Education and the SDGs in the Age of Great Disruptions
SDGsPlus
 
Achieving the SDGs in Africa: data, finance, digitalization & localization
Achieving the SDGs in Africa: data, finance, digitalization & localizationAchieving the SDGs in Africa: data, finance, digitalization & localization
Achieving the SDGs in Africa: data, finance, digitalization & localization
SDGsPlus
 
Sustainability and Disruptions
Sustainability and DisruptionsSustainability and Disruptions
Sustainability and Disruptions
SDGsPlus
 
Sustainable Development Forum
Sustainable Development ForumSustainable Development Forum
Sustainable Development Forum
SDGsPlus
 
Conference on Financing Sustainable Development Curbing Illicit Financial Flows
Conference on Financing Sustainable Development Curbing Illicit Financial FlowsConference on Financing Sustainable Development Curbing Illicit Financial Flows
Conference on Financing Sustainable Development Curbing Illicit Financial Flows
SDGsPlus
 
On the Sustainable Development Goals in the Arab World
On the Sustainable Development Goals in the Arab World On the Sustainable Development Goals in the Arab World
On the Sustainable Development Goals in the Arab World
SDGsPlus
 
Financing the Sustainable Development Goals at local level
Financing the Sustainable Development Goals at local levelFinancing the Sustainable Development Goals at local level
Financing the Sustainable Development Goals at local level
SDGsPlus
 
Sustainability and Disruptions
Sustainability and DisruptionsSustainability and Disruptions
Sustainability and Disruptions
SDGsPlus
 
Nation Branding and the SDGs
Nation Branding and the SDGsNation Branding and the SDGs
Nation Branding and the SDGs
SDGsPlus
 
Reflections on the Global Economic Outlook
Reflections on the Global Economic OutlookReflections on the Global Economic Outlook
Reflections on the Global Economic Outlook
SDGsPlus
 
UN World Data Forum
UN World Data ForumUN World Data Forum
UN World Data Forum
SDGsPlus
 
Partnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
Partnerships for the 2030 Agenda: Role of Science, Technology, and InnovationPartnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
Partnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
SDGsPlus
 
Sustainable Development Goals: The Role of Technology and Innovation
Sustainable Development Goals: The Role of Technology and InnovationSustainable Development Goals: The Role of Technology and Innovation
Sustainable Development Goals: The Role of Technology and Innovation
SDGsPlus
 

More from SDGsPlus (20)

The State of the Sustainable Development Goals in the Arab Region
The State of the Sustainable Development Goals in the Arab RegionThe State of the Sustainable Development Goals in the Arab Region
The State of the Sustainable Development Goals in the Arab Region
 
SDGs in OIC Countries: Data, Finance and Implementation
SDGs in OIC Countries: Data, Finance and ImplementationSDGs in OIC Countries: Data, Finance and Implementation
SDGs in OIC Countries: Data, Finance and Implementation
 
Sustainable Development Finance, Current Trends and Maximizing Impact
Sustainable Development Finance, Current Trends and Maximizing ImpactSustainable Development Finance, Current Trends and Maximizing Impact
Sustainable Development Finance, Current Trends and Maximizing Impact
 
Sustainability, infrastructure and resilience in the era of the SDGs
Sustainability, infrastructure and resilience in the era of the SDGsSustainability, infrastructure and resilience in the era of the SDGs
Sustainability, infrastructure and resilience in the era of the SDGs
 
Solutions for all: Global Challenges to Achieve the SDGs
Solutions for all: Global Challenges to Achieve the SDGsSolutions for all: Global Challenges to Achieve the SDGs
Solutions for all: Global Challenges to Achieve the SDGs
 
On Ideas and Economic Policy: A Survey of MENA Economists
On Ideas and Economic Policy: A Survey of MENA EconomistsOn Ideas and Economic Policy: A Survey of MENA Economists
On Ideas and Economic Policy: A Survey of MENA Economists
 
The Global Goals need business: Business needs the Global Goals
The Global Goals need business: Business needs the Global GoalsThe Global Goals need business: Business needs the Global Goals
The Global Goals need business: Business needs the Global Goals
 
Education and the SDGs in the Age of Great Disruptions
Education and the SDGs in the Age of Great DisruptionsEducation and the SDGs in the Age of Great Disruptions
Education and the SDGs in the Age of Great Disruptions
 
Achieving the SDGs in Africa: data, finance, digitalization & localization
Achieving the SDGs in Africa: data, finance, digitalization & localizationAchieving the SDGs in Africa: data, finance, digitalization & localization
Achieving the SDGs in Africa: data, finance, digitalization & localization
 
Sustainability and Disruptions
Sustainability and DisruptionsSustainability and Disruptions
Sustainability and Disruptions
 
Sustainable Development Forum
Sustainable Development ForumSustainable Development Forum
Sustainable Development Forum
 
Conference on Financing Sustainable Development Curbing Illicit Financial Flows
Conference on Financing Sustainable Development Curbing Illicit Financial FlowsConference on Financing Sustainable Development Curbing Illicit Financial Flows
Conference on Financing Sustainable Development Curbing Illicit Financial Flows
 
On the Sustainable Development Goals in the Arab World
On the Sustainable Development Goals in the Arab World On the Sustainable Development Goals in the Arab World
On the Sustainable Development Goals in the Arab World
 
Financing the Sustainable Development Goals at local level
Financing the Sustainable Development Goals at local levelFinancing the Sustainable Development Goals at local level
Financing the Sustainable Development Goals at local level
 
Sustainability and Disruptions
Sustainability and DisruptionsSustainability and Disruptions
Sustainability and Disruptions
 
Nation Branding and the SDGs
Nation Branding and the SDGsNation Branding and the SDGs
Nation Branding and the SDGs
 
Reflections on the Global Economic Outlook
Reflections on the Global Economic OutlookReflections on the Global Economic Outlook
Reflections on the Global Economic Outlook
 
UN World Data Forum
UN World Data ForumUN World Data Forum
UN World Data Forum
 
Partnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
Partnerships for the 2030 Agenda: Role of Science, Technology, and InnovationPartnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
Partnerships for the 2030 Agenda: Role of Science, Technology, and Innovation
 
Sustainable Development Goals: The Role of Technology and Innovation
Sustainable Development Goals: The Role of Technology and InnovationSustainable Development Goals: The Role of Technology and Innovation
Sustainable Development Goals: The Role of Technology and Innovation
 

Recently uploaded

how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
Falcon Invoice Discounting: Optimizing Returns with Minimal RiskFalcon Invoice Discounting: Optimizing Returns with Minimal Risk
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
Falcon Invoice Discounting
 
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
Avanish Goel
 
Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1
Fitri Safira
 
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
ydubwyt
 
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
ydubwyt
 
What website can I sell pi coins securely.
What website can I sell pi coins securely.What website can I sell pi coins securely.
What website can I sell pi coins securely.
DOT TECH
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
InterCars
 
MERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdfMERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdf
Sudarshan Dakuru
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
DOT TECH
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
Commercial Bank of Ceylon PLC
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
Falcon Invoice Discounting
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
DOT TECH
 
Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024Monthly Economic Monitoring of Ukraine No. 232, May 2024
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
DOT TECH
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
FinTech Belgium
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
nickysharmasucks
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
DOT TECH
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
marketing367770
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
DOT TECH
 

Recently uploaded (20)

how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
Falcon Invoice Discounting: Optimizing Returns with Minimal RiskFalcon Invoice Discounting: Optimizing Returns with Minimal Risk
Falcon Invoice Discounting: Optimizing Returns with Minimal Risk
 
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
 
Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1Economics and Economic reasoning Chap. 1
Economics and Economic reasoning Chap. 1
 
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
一比一原版UOL毕业证利物浦大学毕业证成绩单如何办理
 
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
一比一原版BCU毕业证伯明翰城市大学毕业证成绩单如何办理
 
What website can I sell pi coins securely.
What website can I sell pi coins securely.What website can I sell pi coins securely.
What website can I sell pi coins securely.
 
Summary of financial results for 1Q2024
Summary of financial  results for 1Q2024Summary of financial  results for 1Q2024
Summary of financial results for 1Q2024
 
MERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdfMERCHANTBANKING-PDF complete picture.pdf
MERCHANTBANKING-PDF complete picture.pdf
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
 
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
innovative-invoice-discounting-platforms-in-india-empowering-retail-investors...
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
 
Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
 

The Sustainable Development Goals: Reality & Prospects

  • 1. The Sustainable Development Goals Reality & Prospects Mahmoud Mohieldin, Senior Vice President World Bank Group Mahmoud Mohieldin March 13th, 2017
  • 3. 2 GDP Growth (Percent) Source: World Bank. Global Economy 0 1 2 3 4 5 2012 2013 2014 2015 2016 2017 2018 2019 World Advanced economies EMDEs
  • 4. 3 GDP Growth (Percent) Source: World Bank. Regional Economy 0 1 2 3 4 5 MENA Oil importers GCC Non-GCCoil exporters 2016 2017 2018 2019 1991-2008
  • 5. 4 Looking Back: The MDGs Era 71 35 40 67 38 34 15 67 36 11 8 12 10 18 4 3 5 7 7 4 11 7 16 18 11 2 7 2 13 17 11 37 33 20 12 14 27 52 40 28 34 54 88 40 58 27 33 25 22 2 2 8 19 23 MDG Progress, by number of countries Target Met Sufficient Progress (by 2015) Insufficient Progress (2015-2020) Moderately off target (2020-2030) Seriously Off Target (after 2030) Insufficient Data MDG 1.1: Poverty MDG 1.9: Malnourishment MDG 2.2: Primary Completion MDG 3.1: Gender Parity MDG 4.1: Under-5 Mortality MDG 4.2: Infant Mortality MDG 5.1: Maternal Mortality MDG 7.8: Water MDG 7.9: Sanitation
  • 6. Progress on Child & Maternal Mortality 5 0 20 40 60 80 100 120 1990 2000 2015 Under-5 Mortality Rate (per 1,000) 1990-2015 Middle East & North Africa Low & middle income 0 50 100 150 200 250 300 350 400 450 1990 2000 2015 Maternal Mortality Ratio (per 100,000) 1990-2015
  • 7. 6 Global Frameworks for Development: From MDGs to SDGs The global development agendas serve as a compass and guide for countries to determine their national development path MDGs (2000-2015) SDGs (2016-2030) Goals 8 17 Targets 21 169 Indicators 60 ~231 Priority Areas Human Development Holistic: Economic, Social, Environmental Scope Developing Countries Universal
  • 8. 7 The Sustainable Development Goals The 2030 Agenda of Ending Poverty, Preserving the Planet, While Leaving No One Behind
  • 9. 8 Alignment of Countries to the Sustainable Development Goals Country development strategy aligned Institutional structures aligned 84 governments presented their plans on achieving the SDGs*: PRIORITY GOALS HIGHLIGHTED BY COUNTRIES: *based on analysis of statements made at April 21 UN HLTD event on SDG implementation
  • 10. 9 Conflicts Lack of financing Lack of capacity Clim. change Lack data Enviro nment Viol- ence Climate change Lack of fin Lack data Lack capa -city Lack of capacity Climate change Lack of financing Conflicts Violence/ extremism Environ- ment Lack of capacity Climate change Lack of data Conf- licts CC Lack capa -city Climate change Trade restric- tions Pop. displa- cement Conflicts violence Lack data Lack fin. Conflicts, Climate Change, Financing, Data Most Frequently Identified Challenges * Based on analysis of statements made on April 21, 2016 during the High-Level Thematic Debate (HLTD) event held at United Nations. Statements available online: https://papersmart.unmeetings.org/ga/70th-session/high-level-thematic-debate-on-achieving-the-sustainable-development- goals/statements/
  • 11. 10 WBG Areas For Action To Support The 2030 Agenda IMPLEMENTATIONDATA Country engagement model; Draw on strength of entire WBG to provide integrated solutions Ensure availability of household budget surveys in 78 poorest countries every three years; data revolution; statistical capacity building WBG action on the SDGs has been articulated along these three focus areas FINANCING Domestic resource mobilization; leveraging private sector; addressing needs of regional and global public goods
  • 13. Critical Components Of Financing For Development 1. National public resources: Improving domestic resource mobilization (DRM) 2. Global public resources: Better and smarter aid 3. National and global private resources: Unlocking private investment for development, Attracting FDI, Remittances, Philanthropic finance • The World Economic Forum estimated that annual demand for infrastructure finance alone is $3.7 trillion. With annual investment currently around $2.7 trillion, this leaves a gap of $1 trillion per year. • According to the Global Commission on the Economy and Climate, incorporating climate considerations raises the financing gap even further, to $2-3 trillion per year.
  • 14. 13 1. Domestic Resources • A country’s ability to mobilize domestic resources (DRM) and spend them effectively – at the national, sub-national and municipal levels –lies at the crux of financing for development. • Strengthening the capacity of local governments, including to raise their own revenues, to manage expenditures and service delivery, and to borrow and manage debt prudently is critical; • Developing inter-government fiscal transfer arrangements that consider the needs of sub-national governments and equalize fiscal capacity and expenditure is also critical Source: IMF data 0 0.05 0.1 0.15 0.2 0.25 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Median tax revenue as a percent of GDP by Income grouping, 1990-2014 (Tax/ GDP Ratio) High income Upper middle income Lower middle income Low income
  • 15. 14 2. Official Development Assistance As development challenges at the global and national levels increase, so too should the resource envelope available to meet these needs….ODA flows are simply not enough. 0 200000 400000 600000 800000 1000000 1200000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Developing countries' total resource receipts ODA Non-ODA Personal remittances ODA: Official Development Assistance. ODA in the chart includes bilateral ODA and multilateral concessional flows. Non-ODA flows include: other official developmental flows, officially-supported export credits, FDI, other private flows at market terms and private grants. Adjusted gross disbursements, three-year moving average, USD million, 2012 constant prices. Sources. Remittances, World Bank. Other resource flows, DAC statistics. NB: Data on flows to MADCTs are only available up to 2010.
  • 16. 15 3. Mobilizing Private Resources As development challenges at the global and national levels increase, so too should the resource envelope available to meet these needs…. • Aggregate assets held by ten largest MDBs: $1.3 trillion • Making the “Billions to Trillions” pledge a reality requires expanding the pool of development capital beyond the multilateral development banks (MDBs) and official agencies. • Private funds: o $2 trillion of assets held by the world’s ten largest pension funds o $4.5 trillion of assets held by the world’s ten largest insurance companies o $5 trillion in assets held by the world’s ten largest sovereign wealth funds o $100 trillion global bond market • The global community looks to the World Bank Group to lead on the “Billions to Trillions” initiative - a call to greatly increase the financial capacity that can be deployed to meet the Sustainable Development Goals.
  • 17. 16
  • 18. PUBLIC & CONCESSIONAL FINANCING, INCLUDING SUB-SOVEREIGN • Public finance (incl. national development banks and domestic SWF) • MDBs and DFIs COMMERCIAL FINANCING PUBLIC AND CONCESSIONAL RESOURCES FOR RISK INSTRUMENTS & CREDIT ENHANCEMENTS • Guarantees • First Loss UPSTREAM REFORMS & MARKET FAILURES • Country and Sector Policies • Regulations and Pricing • Institutions and Capacity 3 4 2 Sustainable Finance The Cascade Can commercial financing be cost- effectively mobilized for sustainable investment? If not… Can upstream reforms be put in place to address market failures? If not… Can risk instruments & credit enhancements cost-effectively cover remaining risks? If not… Can development objectives be resolved with scarce public financing? 1
  • 19. Data
  • 20. 19 Improving data availability Good Data Informs Implementation 50 55 60 65 70 75 80 85 90 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 South Asia East Asia & Pacific Latin America & Caribbean Europe & Central Asia Middle East & North Africa Statistical Capacity Score (scale: 0-100)
  • 21. 20 Improving data availability Good Data Informs Implementation Number of Poverty Data since 1976
  • 23. Growth for poverty reduction – five common characteristics 22 Innovation • Openness • Import knowledge • Exploit global demand Inclusion • Leadership and governance • Credible commitment to growth • Credible commitment to inclusion • Capable administration Stabilization • Macroeconomic stability • Modest inflation • Sustainable public finances Accumulation • Future orientation • High investment • High saving Allocation • Market Allocation • Prices guide resources • Resources follow prices Key Areas for Countries to Unlock their Implementation Potential
  • 24. 23 Cumulative change in population, 2015-50 Harnessing the Demographic Transition Key Areas for Countries to Unlock their Implementation Potential
  • 25. 24 Managing Urbanization: 96% of increase in developing country population between now and 2030 will be in urban areas Key Areas for Countries to Unlock their Implementation Potential Share of Urban Population (% of total)
  • 26. 25 Proportion of urban population living in slums, 1990–2010 Key Areas for Countries to Unlock their Implementation Potential Managing urbanization
  • 27. 26 Key Areas for Countries to Unlock their Implementation Potential Managing urbanization
  • 28. 27 Poverty and under-5 mortality for base simulation Key Areas for Countries to Unlock their Implementation Potential Managing urbanization
  • 29. 28 Managing urbanization Better SDG outcomes Slums emerge; 0.8 billion people live in slums Plan: • Value land use through transparent assessment • Coordinate land use with infrastructure, natural resources, and hazard risk • Leverage competitive markets alongside regulation to expand basic services Connect: • Value the city’s external and internal connections • Coordinate among transport options and with land use • Leverage investments that will generate the largest returns— individually and collectively Finance: • Value and develop the city’s creditworthiness • Coordinate public-private finance using clear, consistent rules • Leverage existing assets to develop new ones, and link both to land use planning Key Areas for Countries to Unlock their Implementation Potential
  • 30. 29 Addressing the impact of climate change • Strengthening resilience: boosting natural capital, physical capital, and human and social capital, including social protection for the more vulnerable • Examples: climate-smart agriculture, integrated watershed management • Powering resilience: increasing low-carbon energy sources • Examples: Leveraging potential of solar and hydro power • Enabling resilience: providing essential data, information, and decision-making tools for promoting climate resilient-development across sectors at the regional and country level • Examples: early warning systems, hydro-met program, climate resilient investment facility Key Areas for Countries to Unlock their Implementation Potential
  • 32. 31 IDA: WBG Fund for the Poorest • IDA is one of the largest sources of assistance for 77 countries, 39 of which are in Africa. • IDA lends money on concessional terms. • This means that IDA credits have a zero or very low interest charge and repayments are stretched over 25 to 40 years, including a 5- to 10-year grace period. • IDA also provides grants to countries at risk of debt distress. • The 18th replenishment, just concluded this year, mobilized a record $ 75B Commitment.
  • 33. 32 IDA’s New Private Sector Window Objective: Unlock significant opportunities to mobilize private capital, and help scale up the growth of a sustainable and responsible private sector in IDA countries. • Set aside US$2.5 billion ($2bn for IFC and $500mn for MIGA) • Designed to target significant barriers to private sector development.
  • 34. 33 World Bank/IBRD Treasury Issues Equity- index Linked Bonds • Bonds that for the first time directly link returns to the performance of companies advancing global development priorities set out in the 2030 Agenda • The equity-index linked bonds raised a total of EUR163 million from institutional investors in France and Italy • World Bank Group Treasury anticipates coming to market with similar issuances that would attract a range of investors across the world Sources: World Bank Group Treasury, Press Release from 03/09/2017
  • 35. 34 IFC: Private Sector Arm Of The WBG • IFC was founded on the idea that the private sector is essential to development. • IFC can help address critical constraints in areas such as finance, infrastructure, employee skills, and the regulatory environment.
  • 36. 35 Creating Markets is a WBG Agenda: EACH STEPPING UP, ALL CREATING IMPACT TOGETHER • “IFC 3.0”: A change in business model: from leveraging markets to creating markets •Going upstream and working to create bankable projects •Clear asks of Bank: specific areas where de-risking needed •New mobilization mechanisms, broader institutional and other investor networks • Institutional enablers • Aligned incentives: To focus on enabling private solutions to public issues • Budget allocation: To support Bank de-risking activities • Engagement mechanisms: To process sourcing, analytics, ex ante development impact assessment, implementation • New capabilities: Financial and technical
  • 37. World Bank Strategy For MENA 36
  • 38. MENA Strategy: the First Pillar Improving Governance and Accountability 37
  • 39. MENA Strategy: the First Pillar Regional Integration 38
  • 40. MENA Strategy: the Second Pillar Resilience to shocks of refugees and IDPs & Recovery and Reconstruction 39

Editor's Notes

  1. After reaching a post-crisis low of 2.3 percent, global growth is expected to recover to 2.7 percent in 2017, mainly supported by stronger growth in EMDEs. Growth in commodity exporters is expected to pick up, while growth in commodity importers is projected to remain robust. Downside risks to global growth still dominate. They are associated with heightened policy uncertainty, protectionist pressures, and risk of financial market disruptions. A prolonged period of elevated policy uncertainty could weigh on EMDE investment growth. In turn, weak investment could adversely affect productivity growth, which has slowed considerably in the post-crisis period.
  2. After reaching a post-crisis low of 2.3 percent, global growth is expected to recover to 2.7 percent in 2017, mainly supported by stronger growth in EMDEs. Growth in commodity exporters is expected to pick up, while growth in commodity importers is projected to remain robust. Downside risks to global growth still dominate. They are associated with heightened policy uncertainty, protectionist pressures, and risk of financial market disruptions. A prolonged period of elevated policy uncertainty could weigh on EMDE investment growth. In turn, weak investment could adversely affect productivity growth, which has slowed considerably in the post-crisis period.
  3. After reaching a post-crisis low of 2.3 percent, global growth is expected to recover to 2.7 percent in 2017, mainly supported by stronger growth in EMDEs. Growth in commodity exporters is expected to pick up, while growth in commodity importers is projected to remain robust. Downside risks to global growth still dominate. They are associated with heightened policy uncertainty, protectionist pressures, and risk of financial market disruptions. A prolonged period of elevated policy uncertainty could weigh on EMDE investment growth. In turn, weak investment could adversely affect productivity growth, which has slowed considerably in the post-crisis period.
  4. Estimates for the developing world indicate that the targets for extreme poverty reduction (MDG 1.a), access to safe drinking water (MDG 7.c) and improving the lives of at least 100 million slum dwellers (MDG 7.d) have been reached ahead of the 2015 deadline (figure 1). The targets on gender equality in primary and secondary education (MDG 3.a) and the incidence of malaria (MDG 6.c) can be met by 2015. Note that gender disparity in primary education was met in 2010. On the other hand, progress on the remaining MDGs has been lagging, especially for education and health-related MDGs. Specifically, the primary school completion rate reached 90 percent by 2012, but progress is off track to meet the target of a universal completion rate by 2015. Progress toward MDGs related to infant, child, maternal mortality (MDGs 4a and 5a), and access to basic sanitation (MDG 7c), is lagging, and these goals are unlikely to be achieved. The heterogeneity of outcomes at the country level translates into stark differences in progress towards the MDGs at the regional level. At one end of the spectrum, the East Asia and Pacific region is estimated to have met all of the MDGs, while at the other end Sub-Saharan Africa is off target on most of its MDGs. The regions still lagging, in particular South Asia and Sub-Saharan Africa, started from positions that required the most improvement, however, and they have made significant progress in absolute terms, particularly on the health MDGs that the world as a whole is struggling to meet. The relative nature by which many of the MDGs are defined tends to mask significant accomplishments in South Asia and Sub-Saharan Africa
  5. 1. DOMESTIC RESOURCES ARE the largest resource available for development
  6. To scale up its impact , the WB will need to invest in new approaches and instruments to leverage external resources. The Bank has a key role to play in the mobilization of private capital for development because money alone is not the answer: to be optimally utilized, private capital flows to our member countries must come with the right governance, environmental and social infrastructure.
  7. After reaching a post-crisis low of 2.3 percent, global growth is expected to recover to 2.7 percent in 2017, mainly supported by stronger growth in EMDEs. Growth in commodity exporters is expected to pick up, while growth in commodity importers is projected to remain robust. Downside risks to global growth still dominate. They are associated with heightened policy uncertainty, protectionist pressures, and risk of financial market disruptions. A prolonged period of elevated policy uncertainty could weigh on EMDE investment growth. In turn, weak investment could adversely affect productivity growth, which has slowed considerably in the post-crisis period.
  8. The Statistical Capacity Indicator provides an overview of the capacity of a country's national statistical system based on a diagnostic framework thereby assessing three dimensions: Methodology, Source Data, and Periodicity and Timeliness.
  9. Counting the number of poverty estimate per year is a useful exercise to assess data availability, but to assess a country’s ability to monitor poverty and shared prosperity, the frequency of poverty data matters. For example, to grasp whether poverty in a country is rising or declining, at least two data points within a ‘reasonable’ time interval are required. 57 countries have 0-1 poverty data points
  10. IDA is the largest source of donor funds for basic social services in these countries