Working Papers

Lack of fiscal space and the risk of sovereign debt distress remain key stumbling blocks to achieving Sustainable Development Goals (SDGs) in developing countries. Because the allocation of concessional funds and debt relief is essentially reserved to Low Income countries (LICs), official financing strategies and mechanisms to support developing countries provide insufficient support to non-LICs that may need and deserve special consideration concerning official financing. This paper discusses how official financial support allocation could consider countries’ vulnerabilities in critical dimensions, with special reference to Small Island Developing States (SIDS). It explores how a…

As developing countries pursue infrastructure projects, they should aim to address a combination of the pandemic, climate, inequality, and other crises with the right mix of economic and social infrastructure. To do this, governments must invest in a national infrastructure planning process, align planning with the SDGs, and prioritize sustainable infrastructure over infrastructure that does not put people and the planet first. There is no silver bullet for all the challenges; however, incremental changes based on innovative precedents can potentially make a difference on the ground. This paper proposes an analytical framework to consider these challenges and concludes with possible…

This paper offers a unifying conceptual framework for understanding the relationship between climate change and “within-country inequalities,” referred here collectively as “social inequality.” Available evidence indicates that this relationship is characterized by a vicious cycle, whereby initial inequality causes the disadvantaged groups to suffer disproportionately from the adverse effects of climate change, resulting in greater subsequent inequality. The paper identifies three main channels through which the inequality-aggravating effect of climate change materializes, namely (a) increase in the exposure of the disadvantaged groups to the adverse effects of climate change; (b)…

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…