Financing for Sustainable Development Report (FSDR) 2020

Article by SDS Admin Published on April 30, 2020

The Financing for Sustainable Development Report (FSDRD) 2020, launched on 9 April 2020, is the fifth report on implementing FfD outcomes and the means of implementation of the SDGs since the adoption of the 2030 Agenda and the Addis Ababa Action Agenda.

The assessment draws on the expertise, analyses, and data from more than 60 agencies and international institutions, led by the United Nations Department of Economic and Social Affairs (UN DESA), and includes the World Bank Group, the International Monetary Fund (IMF) and the World Trade Organization (WTO), UN Conference on Trade and Development (UNCTAD), and the UN Development Programme (UNDP).

It underscores that the fallout from the COVID-19 pandemic is derailing implementation of the Addis Agenda and achievement of the Sustainable Development Goals (SDGs) and recommends both immediate and longer-term actions to respond to the pandemic. While the report notes that even before the pandemic, there was already backsliding in SDG implementation in many areas, COVID-19 has made the situation more challenging with global financial markets witnessing heavy losses and intense volatility.

The report can be downloaded here.

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