Europe and Central Asia

Albania


SDG Finance - Component 1

Strategic Policy Options for SDG Financing

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 855000
Co-funding by UN agencies
SDG Finance - Component 1
US $ 294205
#IntegratedFinancing
#SDGInvestmentDialogue
#EquitableFinancing
#Women
#children

Brief description

Well intending laws and regulations have often been approved and institutions have been established in Albania’s prolonged transition, only to come to the conclusion that their financial effects were not properly calculated and provided for. This Joint Programme aims to provide technical assistance and work with the government to identify and integrate more equitable and adequate financing for SDGs in the national budgetary framework. The implementation of the programme is expected to provide large scale results, reaching the most vulnerable part of the Albanian society, in particular children and women in the poorest locations.

Approach

At the policy level, this project will continue to assist Albania in integrating the national financing for social protection floors into national policy, building upon the on-going UN-wide efforts. At the macro level, it will identify and assess the options to catalyse financing of unfunded mandates at the local government units and identify innovative approaches, tools and other financing mechanisms to pilot and evaluate the impact of fiscal policies related to social protection. At the capacity-support level, the JP would support a selected range of Albanian institutions to articulate, implement and review budgets that reflect increasing SDG related spending. 

Quick facts

Total budget:
US $ 1,149,205

UN Agencies:

UNDP, UNICEF, ILO


National Partners:

Ministry of Finance and Economy


Duration:
Jul 2020 - Jul 2022

Financial Information