This is a by-invitation only event.
The financing gap in the implementation of the 2030 SDG Agenda in developing countries is estimated at USD 3.7 trillion by the OECD in 2020 and we are less than a decade away. There is a lot to be done in every dimension, be it policy, finance or technology. Extensive efforts need to be undertaken to promote and advance initiatives that can help us achieve the sustainable development goals. Private capital flow has been limited in financing those initiatives that can serve SDG 2030 Agenda.
Blended finance has shown promise as an effective tool to mobilize private finance for sustainable development. It addresses investment barriers and improves risk return profile of investments and helps attract commercial finance for the SDGs. Despite this, there has been insufficient progress in this direction in Developing Countries, Least Developed Countries (LDCs) and Small Island Developing States (SIDS).
Indonesia is developing and promoting “G20 Principles for Scaling up Private and Blended Finance in Developing Countries, Least Developed Countries (LDCs) and Small Island States (SIDS)” and would like to see it formally adopted by the G20. AVPN has been invited as an impact partner to the G20 Development Working Group (DWG) and is supporting Bappenas (Ministry of National Development Planning) in their efforts to develop “G20 Principles for Scaling-up Private and Blended Finance in Developing Countries, Least Developed Countries (LDCs) and Small Island Developing States (SIDS)”.
As a key stakeholder and contributor to sustainable development in Asia, we welcome your input in this process. We invite you to share your thoughts and feedback on the initial scoping note. By participating in this consultation, you will have an opportunity to contribute to an initiative which can potentially improve the practices and accelerate financing for sustainable development in emerging economies in the Asia Pacific region and around the world. This engagement will explore opportunities and challenges in the blended finance landscape in the context of developing countries and least developed countries – both in policy and practice. Your contribution will be aimed at the highest level in accelerating collective effort to reach SDG 2030 Agenda.
To register your interest in contributing to this consultation, please contact Sharman Pandian. Once your registration is complete, we will send you the Scoping Note. We will also send you a webform questionnaire to elicit your feedback on the scoping note. Following which, we have organized an optional briefing session on April 14, 2022 at 3 PM SGT. You will be invited to this closed door briefing session on April 14.
Final inputs and feedback need to be submitted by April 29, 2022.