Africa

Ghana


SDG Finance - Component 1

Accelerating Attainment of SDG in Ghana

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 999840
Co-funding by UN agencies
SDG Finance - Component 1
US $ 1300000
#HealthSystems
#Accountability
#GenderResponsiveBudgeting
#AgendaBeyondAid
#LNOB
#FreeTrade
#SDGBonds
#DistrictAction

Brief description

Despite significant progress and pioneering on securing the building blocks for transforming SDG financing architecture, Ghana faces a challenge to mobilizing the scale of public and private resources required for the country at national and district levels to deliver the SDGs. The purpose of this Joint Programme is to consolidate SDG financing initiatives and deepen gender-responsive SDG budgeting and accountability for results in Ghana. This will increase financing and efficiency in allocation of resources to prioritized SDGs in a systematic, coherent, and sustainable manner, and enhance public and private collaboration.

Approach

The JP is transformational in 4 ways: promotes an agenda beyond aid; puts SDGs at the heart of financing, gives new dimensions to Leave-No-One-Behind (LNOB); takes the African Continental Free Trade Area (AfCFTA) to the next level; and ingrains gender, generational and spatial responsive budgeting. The approach also promotes home grown financing instruments – e.g. defining Ghana specific SDG-linked assets in the process of expanding SDG-linked bonds market. In addition, the approach takes the view that district action is as important as national action, because together the impact is more than the sum of its parts.

Quick facts

Total budget:
US $ 2,300,000

UN Agencies:

UNDP, UNICEF, UNOPS, WHO


National Partners:

Ministry of Planning


Duration:
Jun 2020 - May 2022

Financial Information