Developing countries lose billions annually through tax avoidance and evasion. New UN-led initiatives are helping but global action is still required
How can the Least Developed Countries (LDCs) can make better use of a more diverse financing for development 'tool-box'? How can they leverage more blended finance, green finance, guarantees, local currency financing, and more?
How can the Least Developed Countries make use of a broader suite of financing instruments now available to support their development? And how can donors help them in this effort?
Over the last 15 years, developing countries have increased domestic revenues by on average 14% annually. Domestic revenues of developing economies amounted to USD 7.7 trillion in 2012; that’s USD 6 trillion more than in 2000. Domestic resources are the largest, most important and most stable source of finance for development. Can we expect these resources to keep on increasing in the coming years?
The UN warns the humanitarian aid system is ‘being stretched to breaking point’
We have raised the bar on our development aspirations. That the SDGs will cost trillions to achieve is obvious. Will we raise the bar on development finance?
What role for international public finance in funding the UN's Sustainable Development Goals (SDGs)?
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.
Do the UN's new SDGs signal a paradigm shift in how we conceive of ‘development’? Is dividing the world up into 'developed' and 'developing' useful or accurate?
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.
What role for innovative financing for development in supporting the post-2015 Sustainable Development Goals? Can we expect it to be a major contributor?
The Sustainable Development Goals (SDGs) are much more ambitious than their predecessor. Much more financing – public and private, domestic and external – will need to be mobilized.
The world has drafted a spectacular new ‘to-do’ list of Sustainable Development Goals. Do the SDGs represent a chance for transformational change?
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?