Join us on Tuesday 13 April, from 7:30 am to 8:45 am EDT, for a joint event by ILO, UNCTAD and UNDP on Financing COVID19 recovery for a Green, Purple and Digital Transition that Leaves No One Behind.
The event takes places on the sides of the 2021 ECOSOC Forum on Financing for Development.
The urgency to develop a coordinated response to COVID-19 led the UN Secretary-General and Prime Ministers of Canada and Jamaica to launch the Financing for Development in the Era of COVID-19 and Beyond initiative in May 2020, to promote financing solutions commensurate with the needs of a sustainable recovery and the SDGs. A dialogue of great importance to SIDS, many of whom are facing great recovery financing gaps and climate finance gaps. UNDP, ILO and UNCTAD have been tasked to define the way forward to implement the Menu of Options resulting from that process for financing climate change, a socioeconomic recovery and technology. The event will provide an opportunity to update on progress in the process.
In addition, the event will promote an exchange of views on interrelated themes such as the strengths and weaknesses of COVID-19 recovery plans to promote a sustainable and resilient future; the role of global standards in facilitating the alignment of finance to the SDGs; the role of macro-economic policies in promoting more resilient labour market outcomes and productive investments; the implications of the digital transition for sustainable finance, and country experiences on SDG-financing strategies such as through the Integrated National Financing Frameworks (INFF) integrating COVID-19 related impacts.