The United Nations and the World Bank Group have signed a Strategic Partnership Framework (SPF), on Friday at the Washington DC, which demonstrates their joint commitment to cooperate in helping countries implement the 2030 Agenda for Sustainable Development.
The SPF signed by the UN Secretary-General, António Guterres and World Bank Group President, Jim Yong Kim, includes four key areas of cooperation: finance and implementation support to help countriesreach the Sustainable Development Goals (SDGs); decisive global action on climate change; joint work in post-crisis, humanitarian settings
and harnessing data to improve development outcomes.
Building on successful past and ongoing collaborations between the UN and the World Bank Group, the SPF commits the two institutions to work together to help countries achieve measurable results at scale to transform their economies and societies.
According to a joint statement by the UN and World Bank Group, the SPF initiatives will focus on, but will not be limited to, mobilizing increased and better finance from all sources, including through domestic resources, and helping countries attract and manage private capital.
“Improving implementation capacity to achieve the SDGs, particularly at the national and local levels; promoting joint action and investments to improve infrastructure and build human capital, including education and health; convening governments, financial institutions, private investors, and development banks to mobilize, coordinate, and deliver financing to help countries make the transition to a low-carbon, resilient future.
“Strengthening collaboration and joint action in post-crisis and humanitarian settings to build resilience for the most vulnerable people, reduce poverty and inequality, enhance food security, prevent conflict, and sustain peace,” the statement read.
The statement added that, improving national statistical systems and enhancing countries’ digital data capacities to improve implementation and maximize positive development impacts, expanding and deepening partnerships in policy development and advocacy, joint analysis, assessments, program design and delivery.
“The SPF recognises the existing mandates, strategies, programs that each institution has in place, and their distinct capabilities,expertise to deliver on their responsibilities to Member States and shareholders. “Technical teams of the United Nations and the World Bank Group will work together to ensure effective implementation of commitments
assumed under the SPF.”
Health Reporters gathered that the leadership of the United Nations system and the World Bank Group will meet annually to review the partnership and take stock of results achieved.
