BY Jorina Kadare, Stefania Sechi | November 14, 2017
Let’s start with a little bit of recent history. Innovative financing for the UN goes back to the International Conference on Financing for Development in 2002. The hope was that innovative financing would help to bridge the gap between what was available and what was needed to reach the Millennium Development Goals (MDGs) by 2015. As the name suggests, innovative finance means raising funds for development by using unconventional mechanisms. For example, micro-levies, public-private partnerships, and other mechanisms that go beyond financial contributions. It can also mean optimising the use of traditional funding sources to transfer assets to where they are needed the most. Fast forward to 2012, when the UN, governmental institutions, and donors started to mull over realistic ways to finance the achievement of the Global Goals by 2030, bearing in mind the estimated total costs which vary between $90 and $ 120 trillion, and with a funding gap of $2.5 trillion per year. The concept of innovative financing came up again. #Crowdfunding4Children We at the UN in Albania decided to test out alternative forms of financing, which are progressively being mainstreamed across the agency’s interventions. Ever since the internet made it possible to use crowdfunding to finance projects, individuals and the private sector have used this new tool to their advantage, so why not us? We saw the potential of using crowdfunding as an integral part of our mission to achieve the 2030 Agenda. Our first successful experiment was a crowdfunding campaign launched in July 2016 that allowed the construction of the first all-inclusive playground in Albania suitable for children with special needs and diverse abilities. This work builds on our previous open data project with the Municipality of Tirana where we blended and opened up data sets on safety of our cities in the Open Data Portal of Tirana Smart City. Out of 22 play grounds currently under management by the Municipality of Tirana, only one is suitable for children with special needs. Building better parks will help all children interact with their peers and develop their personalities in a safe and healthy environment. And it went pretty well! By tapping into a large pool of individuals, mainly via social media and crowdfunding platforms, and through advocacy initiatives we raised our goal of $20,000 for the #Crowdfunding4Children campaign. Supporting youth employment through equity crowdfunding UNDP, the United Nations Population Fund (UNFPA) and UN Women are also testing out how to build financial connections between mature enterprises willing to invest in promising start-ups through equity crowdfunding. The goal is to set up a sustainable system that supports emerging businesses. United Nations Albania, in partnership with the Chamber of Commerce and Industry Tirana, was able to engage with 100 VIP companies in an exploration survey, probing their potential participation in equity crowdfunding schemes. Another component of this joint initiative relates to the assessment of a reward-based crowdfunding model among small communities in Tirana. This tool allows individuals to contribute towards a specific project with the anticipation of receiving a tangible –non-financial– reward at a later date. We are building on this model by involving private services providers. For example, integrating the option to financially contribute to a social project at the time as making a routine payment, for example, for an electricity or telecommunications service bill. We hope that these alternative mechanisms will play an important role in transforming Tirana into a smart city. We believe that crowdfunding deserves more trust in the development world. Crowdsourcing enables resource mobilisation, promotes innovative initiatives, and galvanises active citizenship!
November 9, 2016
Following the UN Sustainable Development Summit where the President of Turkmenistan demonstrated his support to the 2030 Agenda and the country’s commitment to realize the SDGs, the country established a joint government–UN SDG Task Group consisting of 20 national agencies. The Task Group includes the Mejlis (Parliament) of Turkmenistan, diverse sector ministries of Economy and Development, Finance, Health, Education, Labour and Social Protection, Agriculture and Water, Justice, the State Committee for Environment Protection and Land Resources, the Turkmen National Institute for Democracy and Human Rights and the State Statistics Committee. The Task Group immediately approved a structured three-stage roll-out process including: national consultations, focused on each of the SDGs, to discuss and agree on the goals and targets to be adopted; incorporation of goals and targets into the next Presidential Socio-Economic Plan for 2017–2021 and sector plans and programmes; and creation of a national system to measure progress in implementing the SDGs. Reviewing existing plans and adapting the SDGs to the national context The Government of Turkmenistan hosted 17 days of national consultations during March 2016 in collaboration with the UN. This was a novel beginning to the country’s journey towards 2030. Each full-day session was jointly led by a government ministry and the UN and provided an opportunity to adjust the SDGs or define national indicators. On average 9 to 10 national ministries and departments were represented at each meeting, along with two representatives from the National Statistical Office. These consultations led to 121 out of 169 global targets being recommended for adoption without modification, while an additional 27 targets were modified; 109 of the 231 global indicators were recommended for adoption without modification, and 50 were modified. In addition, 39 national indicators were formulated, resulting in a total of 198 indicators. This list of recommendations is being submitted to the Cabinet of Ministers for formal approval. Through the consultations, line ministries were able to openly exchange views and hold intersectoral discussions on sensitive topics, including discrepancies in data and HIV/AIDS indicators. The consultations provided an opportunity for capacity development by discussing in depth what each goal, target and indicator meant for the national context. They also contributed to building trust between the government and the UN for the work to follow. Inclusive participation During the process of defining the 2030 Agenda, Turkmenistan, with support from the UN, held country consultations to discuss the lessons learned from the implementation of the MDGs, to inform the public of the global discussions on the SDGs and seek their inputs into the 2030 Agenda. These consultations engaged with diverse stakeholders such as parliamentarians, academics, youth and school children (the Youth Union), women (the Women’s Union), private-sector actors (the Union of Manufacturers and Entrepreneurs), and NGOs working with persons with disabilities. The consultations resulted in a very high level of government awareness of the SDGs and contributed to moving quickly to roll out the SDGs with a whole-of-government approach.
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