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Issue-based Coalition on Equitable Growth and Financing for Development

BC on Equitable Growth Financing for Development

Issue-based Coalition on Equitable Growth and Financing for Development

SDGs
Cover of Goal 1 No poverty
Cover of Goal 2 Zero hunger
Cover of Goal 03 Good health and well being
Cover of Goal 4 Quality education
Cover of Goal 5 Gender equality
Cover of Goal 6 Clean water and sanitation
Cover of Goal 7 Affordable and clean energy
Cover of Goal 8 Decent work and economic growth
Cover of Goal 9 Industry, innovation and infrastructure
Cover of Goal 10 Reduce inequalities
Cover of Goal Sustainable cities and communities
Cover of Goal 12 Responsible consumption and production
Cover of Goal 13 Climate action
Cover of Goal 14 Life below water
Cover of Goal 15 Life on land
Cover of Goal 16 Peace, justice and strong institutions
Cover of Goal 17 Partnerships for the goals
Co-Chairs
UNDP
ECLAC
ILO
Members
FAO
WFP
UNOPS
UNDP
ECLAC
ILO
PAHO
UNDRR
UNFPA
UNHCR
UNICEF
UN WOMEN
UNDCO
UNESCO
UN-HABITAT
UNEP

The IBC on Equitable Growth and Financing for Development (IBC-EGFFD) is dedicated to supporting the 2030 Agenda for Sustainable Development, enhancing the capacities of UN entities, and fostering peer learning and cooperation across the UN system.

In the area of Equitable Growth, the IBC aims to share knowledge and distill good practices in key areas: economic growth, shared prosperity, social protection, economy of care, and inclusive social and labor policies, with an emphasis on promoting national social dialogue processes for socioeconomic prosperity. Specifically, the IBC aims to:

  • Support the implementation of the 2030 Agenda for Sustainable Development, and the achievement of the Sustainable Development Goals in the region.

  • Strengthen the capacities of the UN entities working in the region to identify and address critical development issues related to the creation of productive jobs and decent work, tackling inequalities, and supporting equitable growth.

  • Facilitate peer learning across the UN through the identification and dissemination of best practices related to tackling inequalities and supporting equitable growth.

In the area of Financing for Development, the IBC aims to identify a set of actionable policy measures at the multilateral, regional, and national levels, with the following objectives and areas of focus:

  • Support the achievement of the 2030 Agenda for the Sustainable Development Goals at the regional level.

  • Address issues of cross-border, subregional, regional, and common interest and benefit.

  • Respond to country-specific needs and priorities and UN country teams' demands regarding SDG financing.

  • Address critical regional development issues within globally and regionally agreed norms and policy frameworks.

  • Reflect on the different political priorities in the region.

RESOURCES

Video: Financing for Gender Equality in the context of Sustainable Development

Health Financing and Health Systems Resilience

Instrumentos Financieros Innovadores y Buenas Prácticas para alcanzar los ODS y el Acuerdo de París en América Latina y el Caribe

Services

• Mapping, presenting and disseminating different approaches across UN entities and strategies caried out by governments aiming at: a) understanding and tackling the determinants of socioeconomic inequalities across its many dimensions, b) expanding social protection systems and making them more adaptable to crisis, and c) implementing care systems.
• Conduct studies as a basis for guiding Active Labour Market Policies (ALMP), formalization and productivity policies in Latin America and the Caribbean. Among them: a) Updated assessment of ALMP in the region, b) Knowledge generation on innovative formalization strategies carried out by governments and their specific responses aimed at workers/enterprises, and c) Systemic analysis of value chains in selected countries to identify bottlenecks that limit productivity and decent work.
• Mapping of FfD analytic/ activities of UN entities on action areas identified by the Inter Agency Task Force in its FfD report (domestic public resources, domestic and international private business and finance, international development cooperation, international trade, debt sustainability, science, technology and innovation, quality of public spending, climate financing data and monitoring, cross-cutting issues).
• Undertaking of analysis of FfD approaches and instruments, with the purpose to get better SDG financing at the country level.

• Support the co-creation and development of integrated care systems, national employment and universal and more adaptive social protection systems. It is important to mention that, to prevent inequalities from entrenching, urgent action is needed to create decent jobs, with an emphasis on green, care, digital and rural economies, to achieve universal social protection that leaves no one behind and contribute to a just transition. This requires the consolidation of care systems, sustained investments in sectors with high potential for decent job creation, as well as in social protection that acts as an important buffer in times of crisis, including environmental ones.
• Tailoring of FfD related policy options in contexts of post-COVID-19 socioeconomic green recovery, with special emphasis on middle-income countries.

• Policy discussions with UN network of economists to identify policy priorities aimed at tackling inequalities and supporting equitable growth.
• Policy discussion with UN economists, partnerships officers, funding officers and technical country teams in the LAC region to identify and assess FfD policy options in contexts of socioeconomic recovery (with UN and external entities, including IFI)
• Advice to UNCTs on finding synergies with UN joint programming on the ground (e.g., SDG Fund).

• Dissemination of documents, methodologies, tools, and good practices to address inequalities and support equitable growth derived from the results of the webinars.
• Development of FfD policy messaging for UNCTs including region-specific policy analyses.

• Provide technical advice to promote national processes of social dialogue for the creation of productive employment and promotion of decent work centered on people as a mechanism to achieve socioeconomic recovery. This service line aims to increase the level and coordination of efforts by governments, employers' organizations, workers' organizations, the United Nations System and other stakeholders to help countries create productive jobs and promote decent work in key sectors of the economy (digital, green, care, tourism, agriculture, etc.). In this sense, a meta-analysis of the impact of ALMP in the region will be made available, instances of social dialogue will be strengthened, taking advantage of their potential to promote productivity and decent work in sectors and value chains.

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