Africa

Congo DR


SDG Finance - Component 1

Create an Enabling Environment to Leverage Additional Financing to Accelerate SDG Achievement

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 1000000
Co-funding by UN agencies
SDG Finance - Component 1
US $ 200000
#PrivateInvestmentGeneration
#ExpandedFiscalSpace
#SocialInequality
#InclusiveDevelopment

Brief Description

The Democratic Republic of the Congo (DRC) has adopted the 2030 Agenda for Sustainable Development, aligned its socioeconomic development framework to it, formulated its SDG priorities and ensured that they are aligned with national and provincial policy and planning frameworks. However, high social inequality and the lack of resources and institutional capacity are hampering the prospects for achieving the SDGs and for inclusive development. Through the Joint Programme, DRC seeks to create innovative support for the country and its provinces to unlock its potential for financing development and accelerate the progress towards the SDGs.

Approach

The programme is designed to fill the gap in the country by catalyzing funding to achieve the SDGs by focusing on 2 major objectives. These include, (a) an expanded fiscal space through public policies and reforms that will enable the mobilization of additional public resources and to invest them efficiently and effectively in the priority sectors and (b) a national SDG financing strategy supported by all stakeholders – in particular the private sector – and which creates an environment to increase private investment geared towards generating innovative solutions to accelerate SDGs in DRC.

Quick facts

Total budget:
US $1,200,000

UN Agencies:

UNICEF, UNDP, UNCDF, UN-Women


National Partners:

Ministry of Planning


Duration:
May 2020 - Jun 2022

Financial Information