Africa

Togo


SDG Finance - Component 1

Improving development financing for the achievement of SDGs in Togo

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 1000000
Co-funding by UN agencies
SDG Finance - Component 1
US $ 610000
#IntegratedFinancing
#Education
#Nutrition
#Dialogue

Brief Description

The project aims to create the conditions for an increase in resources for the financing of National Development Plan and SDDs, and the efficient use of these resources. This will be achieved through (1) multi-stakeholder dialogue on policy and financing of development priorities, fully involving the private sector and coupled with coherent and coordinated resource mobilization actions for SDGs, (2) alignment of the planning, programming, budgeting, monitoring and evaluation chain with the SDGs, through strengthening the institutional and organizational capacities of all stakeholders and improving transparency and accountability. For the agriculture, health/nutrition and education sectors, specific strategies (integrated into the overall financing strategy) will be developed to unblock private financing, including innovative financing, in order to accelerate the pace at which the related SDGs will be achieved by 2030.

Approach

This framework will make it possible to increase domestic resources (17.1.2), official development assistance (10.b.1), Foreign Direct Investment (17.3.1), strengthen public-private partnership and various models of joint ventures and take advantage of South-South cooperation in the areas of SDGs (17.17.1), increase and channel diaspora remittances towards pro-South SDG investments (17.3.2). The mobilization of all sources of financing and the increase in flows will have an impact on the achievement of all SDGs in Togo.

Quick facts

Total budget:
US $ 1,610,000

UN Agencies:

UNDP, UNICEF


National Partners:

Ministry of finance and Economy / Ministry of development planning and cooperation/ Ministry of external relations/ Ministry of private sector promotion/ Togo Invest / Ministry of gender/ Ministry of Health/ Ministry of Education/ Ministry of Agriculture


Duration:
Jun 2020 - May 2022

Financial Information