New Integrated National Financing Framework (INFF) Facility to finance the SDGs
In view of the immense global house demand, financing efforts to achieve the SDGs must be stepped up. Against this background, UNDP, UN DESA, the OECD, the EU, Italy and Sweden have launched an Integrated National Financing Framework (INFF) Facility. This is designed to align and scale up support from international partners to more than 80 countries, facilitating much-needed investment in the SDGs. In this way, the difference between industrialised and developing countries in terms of the availability of financial resources to implement the SDGs should be reduced, because: "Although there is enough money in the world to finance the SDGs, it is not allocated in the right places and amounts - just 20% of global capital is held in developing countries, which are home to 84% of the world's population", says Achim Steiner, UNDP Administrator.