WFDFI 2016 CEO’s Forum WFDFI 2016 CEO’s Forum Lufeyo Banda (Ph.D.) Lufeyo Banda (Ph.D.) Economic Consulting Group Economic Consulting Group
Outline Outline Context. Context. 1) 1) Evolution of Sustainable Development. Evolution of Sustainable Development. 2) 2) Link to SDGs, AUC 2063 Agenda and AfDB Link to SDGs, AUC 2063 Agenda and AfDB 3) 3) “High-Fives”. “High-Fives”. DFI’s Agenda for Implementation of SDGs DFI’s Agenda for Implementation of SDGs 4) 4) Role of DFIs (specifically with resource Role of DFIs (specifically with resource 5) 5) mobilisation for SDGs). mobilisation for SDGs). Conclusion Conclusion 6) 6)
Context Context In General Assembly resolution 70/1, In General Assembly resolution 70/1, 1) 1) “Transforming our world: the 2030 “Transforming our world: the 2030 Agenda for Sustainable Development”, Agenda for Sustainable Development”, a new, ambitious and universal a new, ambitious and universal development agenda is outlined for the development agenda is outlined for the global community. global community. The implementation of that bold and The implementation of that bold and 2) 2) transformative plan of action over the transformative plan of action over the next 15 years could shift the world next 15 years could shift the world onto a sustainable and resilient path, onto a sustainable and resilient path, leaving no one behind. leaving no one behind.
Evolution of Sustainable Development. Evolution of Sustainable Development.
Sustainable Development Goals Sustainable Development Goals Three Dimensions of SDGs: Three Dimensions of SDGs: • SDGs have been identified “as development that meets the needs of SDGs have been identified “as development that meets the needs of • the present without compromising the ability of future generations to the present without compromising the ability of future generations to meet their own needs”. meet their own needs”.
DFIs’ Response (adapted from AfDB Slide) DFIs’ Response (adapted from AfDB Slide) Priorities for Infrastructure DFIs SDG Agenda for . . DFIs . Agriculture Regional Integration Agric. & Agro- SDG Processing . SMEs Industrialisation Private Sector SDG Regional Industrialisation . Integration Technical Skills & ICT Infrastructure SDG Technical Skills . & ICT Skills, Agric. & Agri-Processing Governance & Infrastructure SGD Innovative Sources of . Income Governance Industrialisation SDG Governance
Setting DFIS’ Agenda for Implementation of Setting DFIS’ Agenda for Implementation of SDGs SDGs Enhance Agri. & Agri. Processing Enhance Agri. & Agri. Processing End Poverty Achieve Food Security Ensure Healthy Lives
Enhance Infrastructures Development Enhance Infrastructures Development Housing & Cities
Enhance Industrialisation Enhance Industrialisation
Link to Ambitious Global and Continental Development Agenda
Role of DFIs in supporting implementation of Role of DFIs in supporting implementation of SGDs SGDs . .
Conclusion • The UN SDGs 2030, AU’s Agenda 2063, and AfDB High-Fives set bold targets that are relevant for Africa’s development. • Thus DFIs agenda should focus on agriculture and agro- processing, infrastructure development, industrialization, and regional integration which offer an opportunity for DFIs to enhance collaboration towards agreed Development goals. • Trade and Customs will play a vital role in achieving the Agenda for DFIs: enhance agriculture, enhance infrastructure, Integrate Africa & Industrialize Africa. • Above all these, mobilization of innovative sources of income for SDGs through various financial instruments is key implementation of SDGs. • To this end, DFIs should work together through working groups.
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