#FinancingSDGs #FinanceReimagined
As part of UNESCO’s #FundEducation series, I supported UNESCO to explore the potential of debt-for-education swaps as a complementary innovative financing tool to help unlock predictable, multi-year funding for education. The research has resulted in a set of guidelines that can support policymakers and development partners to implement debt swaps, building on lessons learned from case studies.
A growing number of Small Island Developing States (SIDS) are experiencing debt distress due to high exposure to climate-related shocks. SIDS are having to borrow at high rates to recover from disasters, leaving them unable to invest in further development and climate resilience. Learn more.
As the COVID-19 crisis worsens SDG financing gaps, could debt-for-health swaps provide an additional way in which more resources for healthcare systems could be made available while also reduce high debt burdens?
Delighted to be a contributing author to this fantastic new book on sovereign debt and human rights
In May, the World Bank issued the world’s first bond linked explicitly to the U.N. SDGs. The initiative — which aims to capitalize on a rising number of investors interested in positive social and environmental impacts in addition to financial returns — has been heralded an innovation in investment products and can be added to a growing list of innovative debt instruments that are marketed as “ethical”. What are the pros and cons of innovative debt instruments?
The Addis Ababa Action Agenda (AAAA) lays out the steps the international community promises to take to fund the world’s new sustainable development agenda – to be agreed in New York in September. What does it promise?
This paper provides a snapshot of development financing in small island developing States (SIDS). It reviews key data on domestic and international financial flows, such as development and climate aid, foreign direct investment, remittances, tax revenues and savings and also explores debt sustainability.
Which countries need more resources to finance the SDGs? What types of resources are needed most? Where does international finance, both public and private, currently flow? Where does it not? Answers to all of these require reliable and easy-to-understand data on all international financial flows.
With the UN’s development goals up for renewal the question of financing is more important than ever
The policies and actions of rich and powerful nations influence the developing world’s development prospects. How well are they supporting development?
Does the UN expert committee's report offer a sensible strategy for financing the new international development vision? Will the report be the game-changer many civil society organizations want to see? And how far will it support human rights realization for all?
Fresh approaches are needed to break the cycle of debt dependency
This paper explores the rapid increase in public debt in the Maldives over the last five years and assesses the possible development impact. It looks at the main drivers and possible policy solutions to the problem.
This discussion paper explores critically high levels of public debt and debt service across many small island developing states. It asks to what extent debt may be hampering progress towards poverty reduction and the MDGs and puts forward a series of policy measures to support SIDS reduce their public debt burdens.
Gail Hurley 