SDG Alignment and Budget Tagging: Towards An SDG Taxonomy
As part of the Decade of Action (2020-2030), the United Nations system began implementing the global initiative to strengthen national financing frameworks for the SDGs, known as Integrated National Financing Frameworks or INFF. A significant part of the analysis of all sources of financing for the SDGs is the public budget. This document presents guidelines for (i) aligning public budgets (and development cooperation) to the SDGs, and (ii) presents relevant inputs for developing local SDG taxonomies to explore public budget and private sector contribution to SDG Financing. The guidelines are presented in a step-by-step way to aid users in tailoring to local circumstances the analysis of SDG Financing and are based on the implementation of SDG budget tagging by the INFF-Colombia Joint Program.