Working Papers

This paper maps interrelationships among targets of the Sustainable Development Goal dedicated to oceans (SDG 14), as well as interrelationships between those targets and other SDGs. This is done using a large number of UN reports as well as scientific publications. The literature identifies many linkages among the targets of SDG 14; most of these targets are potentially synergistic with one another. Many linkages also exist between SDG 14 targets and other SDGs. Different targets under SDG 14 link to different SDGs. This has implications for policy discussions on how to achieve progress on SDG 14. The interrelationships that we highlight can be used as a tool for dialogue between policy…

In most developing countries a shortage of long-term, local-currency financing for small-scale infrastructure projects impedes local economic development. Inadequate fiscal transfers, little own source revenue and low creditworthiness make it difficult for local governments to fully fund projects on their own. This paper proposes the use of project finance as a means to attract financing from domestic banks and institutional investors. Donors can play a catalytic role by providing technical assistance to develop projects and credit enhancement to attract commercial financing.