Africa

Zambia


SDG Finance - Component 1

Zambia’s Integrated Financing Framework for Sustainable Development

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 1000000
Co-funding by UN agencies
SDG Finance - Component 1
US $ 500000
#IntegratedFinancing
#COVID-19
#SocioEconomicImpact
#IntegratedResponse
#LNOB
#NationalSDGDialogues
#Inclusiveness

Brief description

This Joint Programme (JP) is expected to develop and operationalise an Integrated National Financing Framework (INFF) in Zambia that will improve development financing to ensure that SDGs are actualized at national and subnational levels within its 7th National Development Plan. The key component will be to develop an SDG-aligned financing strategy to mobilize and effectively manage additional domestic and international resources, both public and private, seeking innovative financial solutions and broadening partnerships. Particular attention will be on the effects at social and economic level of the COVID-19, including through the planned socio-economic impact assessment and the integrated response measures.

Approach

The JP aims to ensure that national development priorities are matched with a requisite financing framework. It will broaden constituencies for reform - generating a national dialogue around financing priorities beyond a narrow set of finance experts and decision makers, be inclusive of non-state actors such as investors, banks, large companies etc, to enhance inclusivity and align financing with SDGs. It will also aim at strengthening the presence and contributions of the private sector to the achievement of the SDGs and support innovative financing mechanisms, adapted to the local context of the Zambian economy. Through its pillars of accountability, transparency, participation, the INFF JP encourages the LNOB principle.

Quick facts

Total budget:
US $ 1,500,000

UN Agencies:

UNDP, UNICEF, ILO, UNFPA, UNECA SROSA


National Partners:

Ministry of National Development Planning


Duration:
Jun 2020 - May 2022

Financial Information