Tall order for developing world to achieve SDGs

30Jan 2016
Our Reporter
The Guardian
Tall order for developing world to achieve SDGs
  • Over $3 trn needed per year to finance goals

DEVELOPING countries including Tanzania will need at least between $3.3trn and $4.5trn annually to finance basic infrastructure, food security, climate change mitigation and adaptation, health and education.

Young Ambassadors of SDGs

This was revealed in a report by the Intergovernmental Committee of Experts on Sustainable Development Financing (ICESDF) which was launched in Dar es Salaam yesterday at a breakfast debate on Mainstreaming Sustainable Development Goals (SDGs) in Tanzania, organized by Policy Forum (PF).
The report said achieving SDGs in all countries requires additional global investments in the range of $5trn and $7trn annually until 2030, the timeframe for SDGs implementation.
Commenting on the report, an Economic Adviser with the United Nation Development Programme (UNDP), Rogers Dhliwayo, said Tanzania therefore needed to address financial challenges, integration, implementation mechanism, data monitoring, participation and accountability in order to achieve the SDGs.
World leaders adopted 17 SDGs at the United Nations Sustainable Development Summit last year which included fighting to end poverty, inequality and injustice, and to tackle climate change.
Dhliwayo explained that finance from internal resources was the key component to successfully delivering the SDG targets.
“Achieving SDGs in all countries requires additional global investments in the range of $5trn and $7trn annually. Developing countries will need between $3.3trn and $4.5trn annually to finance various infrastructures,” the report said.
It mentioned such infrastructure as roads, rail and ports, power stations, water and sanitation.
Dhliwayo stated that although aid would still be important to advance such goals, domestic resources and mobilization, role of Foreign Domestic Investment (FDI), South-to-South Cooperation and remittances and illicit capital flows would be key in implementing the 17 SDGs.
He added that since the key element in the SDGs implementation was domestic resource, the countries would have to run instead of walking.
The advisor wanted everyone to be on board to implement the SDGs and for countries to have strengthened accountability and a legitimacy process.
However, in comparison with Millennium Development Goals (MDGs), the SDGs have a much wider scope beyond predominantly social goals of MDGs, incorporating more fully the aspect of economic and environmental sustainability, aspiration for peaceful and inclusive societies.
The UNDP economic advisor added that in SDGs a more ambitious agenda was to eliminate rather than to reduce poverty, with more demanding targets in health and education quality. He added that SDGs applied to all countries and all the people.
In her presentation titled ‘Gender-Based Budgeting for SDGs,’ Dr Gladness Lema from the University of Dar es Salaam, said the country needed to think beyond financing SDGs and not only depending on donors, should make sure that the budget address the key and specific challenge which cut across all sector.
“We should be inclusive in our budget and revenue in order to have finished business in SDGs agenda.” Dr. Lema stressed.
Grace Banya, Acting Deputy Representative at the United Nations Women, said that Tanzania required triple efforts and not business-as-usual stance in order to achieve the SDGs.
Tanzania must use its own internal resources, including human resource, in order to be able to finance the SDGs because the agenda will only partially depend on donor funds.
Sustainable Development Goals, otherwise known as the Global Goals, build on the Millennium Development Goals (MDGs), eight anti-poverty targets that the world committed to achieving by 2015.
The MDGs, adopted in 2000, aimed at an array of issues that included slashing poverty, hunger, disease, gender inequality, and access to water and sanitation.
The new SDGs, and the broader sustainability agenda go much further than the MDGs, addressing the root causes of poverty and the universal need for development that works for all the people.
The United Nations Development Programme (UNDP) will support governments around the world in tackling the new agenda and taking it forward over the next 15 years.
The SDGs are no poverty; zero hunger; good health and well-being; quality education; gender equality; clean water and sanitation; sustainable and modern energy; decent work and economic growth.
Others are industry, innovation and infrastructure; safe, resilient and sustainable production and consumption; climate action; marine-ecosystems; life on land; peace and justice for sustainable development.

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