Latin America and the Caribbean

Suriname


SDG Finance - Component 1

Roadmap for a Sustainable Financial System for Suriname

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 660174
Co-funding by UN agencies
SDG Finance - Component 1
US $ 208000
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#GenderResponsiveActions
#InformedDecisionMaking

Brief description

With a forest cover of 93% and an increased rate of deforestation, Suriname is in need of more progress in sustainable financing. The aim of the Joint Programme is, therefore, to develop a National Roadmap for a Sustainable Financial System to reorient the flow of international and local resources toward more inclusive and gender responsive sustainable actions in the Republic of Suriname. The programme will promote dialogues, alliances and networks with the government, development banks, financial sector as well as investors to facilitate informed policy and decision-making in the country and in the implementation of sustainable forest management and other nature-based solutions.

Approach

By building a financial framework that strengthens the partnership between the relevant sectors and different partners, Suriname will be in a better position of reaching the related SDGs. The programme is targeting a sector that has not received much funding, while working with the public sector. Reaching specific targets related to Artisanal Small-Scale Gold Mining sector and the forest sector will improve Suriname’s baseline in the goals and targets identified in the SDG Matrix, and indirectly in the broader goals and targets and accelerate their progress towards a more sustainable future. The roadmap will consist of three main phases: Diagnostic, Capacity building, and Green Agreement development. 

Quick facts

Total budget:
US $ 868,174

UN Agencies:

UNEP, UNDP


National Partners:

Cabinet of the President of Suriname


Duration:
Oct 2020 - Sep 2022

Financial Information