Financing the SDGs

Expert Group Meeting on

Optimizing the Implementation of the
Sustainable Development Goals
in the Framework of Integration and Policy Coherence
July 12 & 13
New York

Jaehyang So
Senior Adviser @wbg2030
1
World Bank Group worldbank.org/sdgs
 103 countries have presented VNRs in HLPF
48 countries are set to present VNRs in 2019
…8 countries for the second
time
2016 2017 2018 2019
22 43 47 48
countries countries countries countries
• China • Afghanistan • Italy • Albania • Lithuania • Algeria • Mauritania
• Colombia • Argentina • Japan • Andorra • Mali • Azerbaijan • Mauritius
• Egypt • Azerbaijan • Jordan • Armenia • Malta • Bosnia and • Mongolia
• Estonia • Bangladesh • Kenya • Australia • Mexico Herzegovina • Nauru
• Finland • Belarus • Luxembourg • Bahamas • Namibia • Burkina Faso • New Zealand
• France • Belgium • Malaysia • Bahrain • Niger • Cambodia • Oman
• Georgia • Belize • Maldives • Benin • Paraguay • Cameroon • Pakistan
• Germany • Benin • Monaco • Bhutan • Poland • CAR • Palau
• Madagascar • Botswana • Nepal • Cabo Verde • Qatar • Chad • Philippines
• Mexico • Brazil • Netherlands • Canada • Republic of • Chile • Rwanda
• Montenegro • Chile • Nigeria • Colombia Congo • Congo • St. Lucia
• Morocco • Costa Rica • Panama • Dominican • Romania • Cote d'Ivoire • Serbia
• Norway • Cyprus • Peru Republic • Saudi Arabia • Croatia • Sierra Leone
• Philippines Portuga • Ecuador • Senegal • El Salvador • South Africa
• Czech Republic •
• Republic of l • Egypt • Singapore • Eswatini • Tanzania
• Denmark • Qatar • Slovakia • Fiji • Timor-Leste
Korea • Greece
• El Salvador • Slovenia • Spain • Ghana • Tonga
• Samoa • Guinea
• Ethiopia • Sweden • Sri Lanka • Guatemala • Tunisia
• Sierra • Hungary
• Guatemala • Tajikista • State of Palestine • Guyana • Turkey
Leone • Ireland
• Honduras n • Sudan • Iceland • Turkmenistan
• Switzerlan • Jamaica
• India • Thailan • Switzerland • Indonesia • UK
d • Kiribati
• Indonesia d • Togo • Iraq • Vanuatu
• Togo • Lao PDR
• Turkey • Togo • Latvia • UAE • Israel
• Uganda • Uruguay • Lebanon • Uruguay • Kazakhstan
• Venezuela • Zimbab • Viet Nam • Kuwait
we • Lesotho
• Liechtenstein 2
Note: Indicates countries that have presented VNRs more than once
Financing the SDGs: Three Sources
 World Bank Group Interventions in
Private Sector Development

IBRD IDA IFC MIGA ICSID

International International International Multilateral International
Bank for Development Finance Investment Centre for
Reconstruction Association Corporation Guarantee Settlement of
and Agency Investment
Development Disputes

Loans to Interest-free loans Solutions in Guarantees of Conciliation

middle-income and grants to private sector foreign direct and arbitration
and credit-worthy governments development investment’s non- of investment
low-income country of poorest commercial risks disputes
governments for countries for for private
projects executed by projects executed investors
the private sector by the private
sector
4
 $75 Billion mobilized through
IDA18 Replenishment
Every three years, donors and borrower representatives
agree on IDA’s strategic directions, financing, and allocation
rules—known as the replenishment
80
• Offers exceptional value for
money, with $3 in spending
60 for every $1 in partner

40
x2 x3 $75B
contributions

• Key Eligibility Criteria

$52B Poorest: GNI per capita
20 below IDA operational cutoff
(US$1,185 in FY17)
$26B $23B Lack creditworthiness: No
0 access to IBRD
Partner grant Partner grant IDA 18
Total •
contributions Replenishment contributions Total 77 Countries in FY17
(excl. MDRI) (excl. MDRI) Replenishment
5
 How much is out there?

$24.4 trillion
in low-yield
government
securities

$22 trillion
in annual global
savings

More than
$8 trillion
invested in
negative interest
rate bonds
6
7
IFC Impact Investment Principles

8
 The World Bank Group Partnership Fund for the
Sustainable Development Goals

Opportunity
to partner with WBG
on the best innovations
for SDGs in
countries
Joint
research
project/
interventio WBG SDG Fund
n

FOR FURTHER INFORMATION PLEASE CONTACT

Juliana Knapp – jknapp@worldbank.org
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Lisa Maria Castro – lcastro1@worldbank.org
 Thank You
worldbankgroup.org/sdgs
Follow us on twitter @WBG2030

Jaehyang So on

@wbg2030
10
worldbank.org/sdgs