INTEGRATED TRAINING CAPACITY BUILDING MECHANISM TO ENHANCE SUSTAINABLE FINANCE MOBILIZATION IN AFRICA
Africa, regional
Status
ClosedAid type
Contributions to multi-donor/single-entity funding mechanismsAfrica, regional
Location
-
€ 350,000
Committed
Committed
€ 350,000
Used
Used
Description
Voluntary contribution to OECD and its DEV initiative "Integrated Training Capacity Building Mechanism to Enhance Sustainable Finance mobilization and Advance the SDGs in African Countries". The OECD work focus on debt management, innovative financing instruments, domestic resource mobilisation and investment policy is critical in providing the necessary integrated approach to capacity building and training to African countries to help them enhance sustainable finance mobilisation. Priorities countries are identified in line with the 3-Years Programming and Policy Planning Document of the Development Cooperation and Mattei Plan of Italy. 1: A call to action to address capacity constraints in key areas of sustainable finance and investment; 2: A stock-taking exercise on relevant capacity building and training needs and continuous identification of existing initiatives and mechanisms for capacity building and training; 3. One side event to build support among key stakeholders and policy dialogue initiatives to identify potential country demand and promote peer learning; 4. Support for the definition of the content of the National School of Administration of Italy (SNA) training modules and for the identification of lessons learned. The contribution is consistent with SDG 17, "Strengthen the means of implementation and renew the global partnership for sustainable development" and, in particular, for targets 17.1 "Strengthen domestic resource mobilisation, including through international support to developing countries, to improve domestic capacity to collect taxes and other forms of revenue", 17.3, "Mobilize additional financial resources for developing countries from multiple sources", 17.4 "Assist developing countries in achieving long-term debt sustainability through coordinated policies to facilitate debt financing, debt relief and debt restructuring, where appropriate, and address the external debt of heavily indebted poor countries so as to reduce debt distress" and 17.9 "Strengthen international support for the implementation of an effective and targeted capacity-building system in developing countries to support national implementation plans for all the Sustainable Development Goals, including through North-South, South-South and triangular cooperation; as well as for Sustainable Development Goal SDG 16 (Peace, justice and strong institutions) and, in particular, for target 16.6. "Develop effective, accountable and transparent institutions at all levels
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| Year | Committed | Used |
|---|---|---|
| 2025 | € 350,000 | € 350,000 |
Agency
| Type | Name | Channel code |
|---|---|---|
| Government | AICS - Italian Agency for Cooperation and Development | 11000 |
Channel reported
| Type | Name | Channel code |
|---|---|---|
| Multilateral | OCSE - ORGANIZZAZIONE PER LA COOPERAZIONE E LO SVILUPPO ECONOMICO | 47081 |
Project data
Sectors
Policy markers
SDGs
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