UN DESA Policy Brief No. 170 (Special Issue): Reimagining financing for the SDGs - from filling gaps to shaping finance
The United Nations Sustainable Development Goals are dangerously off track. The prevailing “gap-filling” approach to SDG financing has proven inadequate, failing to deliver the scale, impact or equity required. Global efforts remain fixated on mobilizing additional financing rather than embedding the SDGs at the core of economic and financial systems. Blended finance, often heralded as a silver bullet, has fallen short: public resources dominate blended deals, often de-risking private initiative in lower-risk, lower-impact projects. To redirect this trajectory, the international financing architecture must be reshaped around the SDGs.
UN DESA Policy Brief No. 168: Net Wealth Taxes: How they can help fight inequality and fund sustainable development
Ensuring effective taxation of wealth is a tool to address inequality, increase progressivity in the tax system, and raise domestic revenues to finance sustainable development. This policy brief outlines the advantages and disadvantages of net wealth taxes, lays out some policy instruments that help in their administration, and explains why and how international tax cooperation can aid countries in successfully levying net wealth taxes.
UN DESA Policy Brief No. 163: Policy Choices for Leaving No One Behind (LNOB): Overview From 2023 SDG Summit Commitments
Prioritizing leaving no one behind (LNoB), 31 countries have introduced new policies and commitments aimed at eradicating poverty, enhancing human capital, addressing uneven access to basic necessities, improving decision-making processes on sustainable development and ensuring no country or locality is left behind.
UN DESA Policy Brief Special Issue: Financing the Sustainable Development Goals through mission-oriented development banks
There is an urgent need for channeling long-term risk-tolerant finance towards achieving the Sustainable Development Goals. The paper argues that National Development Banks (NDBs) and Multilateral Development Banks (MDBs) can play a crucial role in mobilizing the needed capital.
UN DESA Policy Brief No. 148: Beneficial ownership information: Supporting fair taxation and financial integrity
Public collection of beneficial ownership information, usually through a registry, is now the global standard, and all countries should build effective registries as quickly as possible. Further work remains to harmonize implementation, close loopholes, and ensure effective exchange of information.
UN DESA Policy Brief No. 138: Improving the criteria to access aid for countries that need it the most
The COVID-19 crisis has brought to the fore the need to better account for the multidimensional vulnerabilities of countries in the allocation of aid.
UN DESA Policy Brief No. 135: Cryptoassets and so-called “stablecoins”: Where do we go from here?
While they have been touted for their potential to increase the efficiency of financial transactions and to support financial inclusion, their high volatility and largely unregulated and quasi-anonymous nature has raised concerns over investor protection and financial integrity, and increasingly also financial stability and international spillovers.
UN DESA Policy Brief No. 134: The Great Finance Divide
Developing countries will need reliable access to affordable financing, and also need to manage and use these resources well to translate financing into SDG progress, enhanced productivity and fiscal capacity to service debt.
UN DESA Policy Brief No. 131: Credit rating agencies and sovereign debt: Four proposals to support achievement of the SDGs
Credit ratings play an important role providing information on sovereign borrowers. But financial markets, including credit ratings, often over-emphasize short-term economic concerns, and underweight longer-term issues, including environmental and social risks as well as investment in resilience and sustainability.
UN DESA Policy Brief No. 129: The monetary policy response to COVID-19: the role of asset purchase programmes
Central banks have relied heavily on unconventional monetary policy tools, especially large-scale asset purchases, to respond to the pandemic. These programmes have helped to stabilize financial markets and kickstart economic recovery. But the central bank asset purchases have also contributed to an underpricing of risk and sharp increases in asset prices.
UN DESA Policy Brief No. 126: Partnering with the private sector towards a future of sustainable transport
Documenting more evidence around post-COVID 19 transport measures can provide useful references in revamping transport systems.
UN DESA Policy Brief No. 125: Improving compatibility of approaches to identify, verify and align investments to sustainability goals
Regulators and other market participants have introduced a variety of mandatory and voluntary approaches to help investors align investments with sustainability goals.
UN DESA Policy Brief No. 124: Integrated National Financing Frameworks – moving towards financing policy integration
INFFs have an important role to play both in the immediate response to the current crisis and in rebuilding better. Integrated financing strategies can serve as a starting point for locally driven reform processes, providing a foundation for action.
UN DESA Policy Brief No. 122: Adapting international development cooperation to reduce risk, enable recovery and build resilience
The COVID-19 pandemic has posed new demands on development cooperation in its various forms: finance, capacity support, policy change and multi-stakeholder partnerships. The ongoing challenge of the pandemic and its consequences has also shown the durability and adaptability of development cooperation.
UN/DESA Policy Brief #100: Effective blended finance in the era of COVID-19 recovery
While blended finance can be an option to support post COVID-19 recovery efforts, a new approach to blended finance is necessary to improve its impact.
UN/DESA Policy Brief #99: Why does corporate sustainability reporting matter to rebuilding better?
Business and financials models must be rethought to accelerate and strengthen business’ contributions to sustainable development
UN/DESA Policy Brief #98: Risk-informed finance
All financing must be risk-informed and resilient, and sufficient financing must be available for investments in risk reduction and resilience, at national and global levels.
UN/DESA Policy Brief #97: COVID-19 and Beyond: Scaling up Private Investment for Sustainable Development
Further action is needed to better channel investment to countries and SDG-related sectors that are most in need. The development of innovative and scalable global platforms, instruments and funds would be an important first step in this regard.
UN/DESA Policy Brief #93: Social policy and social protection measures to build Africa better post-COVID-19
This policy brief reviews the socio-economic impacts of the COVID-19 crisis in Africa and presents the continent’s social protection responses.
UN/DESA Policy Brief #88: Financing sustainable forest management: a key component of sustainable COVID-19 recovery
This policy brief aims to provide an analysis of the adverse impacts of the pandemic on the income generation function of forests, and the current and future funding trends for forests.