The 2030 Agenda commits to leaving no one behind, and to meeting the goals and targets for all nations and for all segments of society. The Addis Ababa Action Agenda and the 2030 Agenda further identify the need for multiple sources of finance, public and private, domestic and international, to work together effectively and in new combinations.

Yet, only a small fraction of global investment assets is targeted at sectors and localities that advance sustainable development in developing countries, especially least developed countries. An important issue therefore is how to crowd in the additional private, domestic and international finance and direct a higher quantity of finance towards the implementation of the SDGs in areas where investments do not flow naturally. South-South co-operation, with its focus on flexible cooperation modalities, including knowledge exchanges and peer support, can play an important role in unlocking additional finance in support of the SDGs.

The objective of this event is to:

  • Share lessons from and identify concrete examples of how innovative finance solutions can be shared through South-South co-operation, including through exchanges, knowledge, and capacity building.
  • To share and identify specific South-South lessons and recommendations going forward for how to scale up successes for unlocking finance for developing countries.
  • Following opening remarks, the event will adopt a Davos-style format in which panelists will actively engage with the audience.

 

Panel

  • Dr. Kazi Anowarul Hoque, Additional Secretary of Economic Relations Division of the Ministry of Finance, Government of Bangladesh
  • Mr. Sun Tao, Senior Director, Ant Financial
  • Mr. Mansur Muhtar, Vice President of Sector Operations, Islamic Development Bank
  • Ms. Xiaowen Zhang, Deputy General Director, Finance Centre for South-South Cooperation
  • Mr. Hao Wang, Chairman of the Supervisory Board, China-Africa Development Fund
  • Mr. Xavier Michon, Deputy Executive Secretary, United Nations Capital Development Fund
  • Mr. Mauricio Cysne, Director of External Relations, Unitaid

Moderator:

  • Ms. Xiaojun Grace Wang, Deputy Director for Programme and Operations at the United Nations Office for South-South Cooperation

Following opening remarks, the event will adopt a Davos-style format in which panelists will actively engage with the audience.