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Session Description:
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It is more important than ever before that countries approach financing from a holistic perspective not only for their COVID-19 responses, but in how funds are allocated, spent and leveraged for the SDGs.
Governments in Asia-Pacific are taking action to identify and leverage reforms to maximise resources for sustainable development priorities. These include policies to create enabling environments that promote SDG-aligned private sector development, leverage development cooperation, and develop instruments that leverage private sector participation in SDG investments, among others.
At the same time, the growth of the impact investment market has brought greater opportunities for linking private investment with the SDGs. As interest surges amongst international financial communities and regional regulators to ‘green’ their investments, the policy response is critical in shaping the increasing variety of investor approaches to impact and social investment.
It is crucial that public and private actors bridge the gap by identifying opportunities to align forces behind a common framework that is driving the common goal: a better, stronger, more sustainable, resilient and inclusive future for all. This session will discuss the challenges and opportunities for strengthened coordination between the public and private sector to collectively catalyse more and better SDG financing in the Asia Pacific region.
Key Takeaways:
- Unpack best practice examples of government policies and innovations that have made progress to engage private sector financing in achieving the SDGs
- Discuss public and private sector roles in SDG finance and implementation, including the role of policymakers, capacity-builders, networks and harnessing impact measurement frameworks and dialogue platforms to catalyse better and more SDG financing
- Identify opportunities for country-level partnerships and links across regional networks that can support effective public-private collaboration for SDGs