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Recognizing the ambition, scope and integrated nature of the Sustainable Development Goals (SDGs), together with the need for more domestic funding to finance development, this note describes an innovative financing solution developed by the United Nations Development Programme (UNDP) and STRIVE with support from the Government of Japan.
Known as ‘cross-sectoral co-financing’ or simply ‘co-financing’, it offers a new and more efficient way to budget for high-value/impact interventions that deliver benefits across multiple sectors, SDGs and SDG targets simultaneously.
The guidance note adds to tools, expertise and financing solutions developed by UNDP’s Strategic Policy Unit and Development Finance team. The note is intended primarily for public sector planners and budget managers, including senior finance managers and programme managers from relevant ministries including finance. It is further intended for economists and development partners supporting governments to plan for, finance and implement the SDGs.