The challenges facing Latin America and the Caribbean regarding financing for the 2030 Agenda for Sustainable Development
16. April 2018
The 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda of the Third International Conference on Financing for Development, the Sendai Framework for Disaster Risk Reduction for 2015-2030 and the Paris climate accord map out a new development agenda. Fulfilling this new agenda will entail sweeping changes in the approach to sustainable development that will, in turn, call for the mobilisation of a massive amount of internal and external resources, along with changes in the way that initiatives are financed and organised and in the way that resources are allocated. In this light, this report published by the UN's Economic Commission for Latin America and the Caribbean (ECLAC) takes a look at new and innovative instruments and mechanisms for financing social development and the development of production in order to tap into new internal and external sources of financing.