Asia-Pacific workshop on mainstreaming the Sustainable Development Goals into planning, budgetary, financing and investment processes

5 Nov 2019 to 7 Nov 2019
Bangkok, Thailand
By invitation only

In the 2030 Agenda for Sustainable Development, countries have committed to move beyond GDP-centric progress and towards a multi-dimensional approach which balances the economic, social and environmental dimensions of development. Countries have made efforts to act on their commitment, as illustrated in their voluntary national reviews. Nevertheless, the latest report by the UN Secretary-General on Sustainable Development Goals progress states: “It is abundantly clear that a much deeper, faster and more ambitious response is needed to unleash the social and economic transformation needed to achieve our 2030 goals.” To this end, the Secretary-General has released a three-year Roadmap for Financing the 2030 Agenda, which calls for:

(a) aligning global economic policies and financial systems with the 2030 Agenda;
(b) enhancing sustainable financing strategies and investments at the regional and country levels;
and (c) seizing the potential of financial innovations, new technologies and digitalization to provide equitable access to finance.

At the same time, there is growing empirical evidence that proactively addressing such challenges as inequality of income and opportunities, environmental degradation and climate change are better for the economy as well. Countries with equitable distribution of income tend to sustain high economic growth for longer periods. Early interventions on climate change adaptation results in slower capital depreciation, lower debt accumulation, and higher GDP.

Economic policy makers are in coordinating roles through national planning, budgetary, financing and investment processes and could help bring about a deeper, faster and more ambitious response to the challenges which our societies face. Indeed, achieving the Sustainable Development Goals will require whole-of-government and whole-of-society approaches.

The workshop, jointly organized by ESCAP and the UNDP, aims to highlight how policy makers in the Asia-Pacific region could effectively mainstream the Sustainable Development Goals into national planning, budgetary, financing and investment processes.

This workshop is part of ESCAP's ongoing work on changing the mindset and policy directions in light of the 2030 Agenda for Sustainable Development, with a focus on integrating the SDGs into the decision making of policy makers and the private sector. See related events and products here:

Presentations