Welcome to the maiden issue of our newsletter for the Joint SDG Fund Joint Programme on Reaping the Demographic Dividend and Managing the Socio-Economic Impact of COVID-19 by Applying an Integrated National Financing Framework in the Philippines (JP INFF). This issue focuses on highlights from the JP INFF launch event in September.
Affirming their commitment to keep on track in achieving the Sustainable Development Goals (SDGs) amid COVID-19, the Philippine government and the United Nations jointly signed an agreement for a new financing framework on 17 September. In a virtual ceremony, the Philippines’ National Economic and Development Authority (NEDA) joined government and development partners in signing the programme document of the JP INFF.
Joining NEDA and UN Philippines as co-signatories were UNDP, UNFPA, and UNICEF, while statements of support to the Joint Programme were signed by the Department of Finance, the Commission on Population, Social Watch Philippines, Philippine Chamber of Commerce and Industry, and Global Compact Network Philippines. Other key supporters of the JP INFF are the Department of Budget and Management (DBM), the World Bank, the Council for the Welfare of Children (CWC), and private sector and civil society partners.
The launch of the JP INFF is a welcome development in the face of the COVID-19 threat, demographic opportunity, and the financing gaps in sustainable development. Read the Press Release.
The Joint Programme is designed to better align the existing planning and budgeting systems to deliver more resources for achieving the Sustainable Development Goals (SDGs). It will apply the building blocks of the Integrated National Financing Framework to address and tap into opportunities, such as innovative financing and private sector partnerships, to help keep the country on track in meeting the SDGs and maximizing its demographic dividend while promoting economic recovery from COVID-19.
During the high-level public launch, the JP secured the engagement and commitment of key government and private sector partners. It also featured panel discussions that highlighted SDG financing and perspectives from JP principal partners on how to make Philippine planning and budget systems more enabling towards achieving SDGs:
Partners from the national government, civil society, and private sectors affirmed their endorsement of the JP through a ceremonial signing of the JP document and statements of support.