In September 2015, the United Nations adopted the Sustainable Development Goals (SDGs) consisting of 17 goals and 169 targets to be achieved by 2030. If SDGs are to be seriously pursued, long-term national, financial, and fiscal planning would have to take these new obligations into account. Detailed cost estimates and fiscal space analyses for full compliance with the SDG requirements should be done early to establish meaningful medium to long-term financial planning processes. However, policy makers in ADB’s developing member countries (DMCs) lack the capacity to accurately estimate the fiscal implications of meeting the SDGs.
To close this knowledge gap, ADB's Social Development Thematic Group initiated research on economic methods to estimate the fiscal implications of meeting the SDGs, and pilot applications of the methods. Due to the large number of SDGs and DMCs, the research was limited to SDGs relevant to social protection, and applied in three countries (Myanmar, Mongolia, and Timor-Leste). The methods, however, can be applied to all DMCs and extended to other kinds of SDGs.
ADB, in partnership with the ADB Institute, will present the findings of the four case studies and provide training in applying these methods for officials of DMCs. ADB’s main partner for this event will be the Asian Development Bank Institute (ADBI). The OECD Korea Policy Center and ILO are also partners in the research project and will participate in the event.
During the event, participants will have the opportunity to:
- enhance the capacity of policy makers to estimate the fiscal requirements of meeting the SDGs;
- improve methods for estimating fiscal requirements and identify examples of estimated fiscal impacts of the SDGs; and
- discuss follow up action and recommendation for detailed financial and fiscal space assessment for implementing the social protection agenda in selected DMCs of the SDGs.
Government officials from selected ADB DMCs involved in finance and social protection
ADB staff, consultants, academe, centers of excellence will discuss on the key findings of the study on financing social protection for sustainable development goals with the aim of developing a course of action and recommendation in consultation of with government focal persons.
How to register
By invitation only
Asian Development Bank Institute, International Labour Organization, and OECD Korea Policy CenterStay up to date Subscribe to our newsletter and get the latest issues, news, events, jobs and data in your e-mail inbox.