Welcome to the United Nations 
| Organization | Brief |
|---|---|
ESCAP |
"Addressing Public Debt Sustainability Concerns" Summary: Public debt distress has three distinct underlying causes which should be evaluated and addressed differently. Similarly, traditional bilateral, non-traditional bilateral and commercial creditors have shared but differentiated responsibilities in sovereign debt restructuring. Proper resolution of sovereign debt distress should ideally be guided by these two principles/realities, while continuing with pragmatic second-best approaches. Debtor countries should also hold their side of the bargain by ensuring accountable and productive use of borrowed funds and effective public debt management. Action Areas: Debt and Debt Sustainability; Addressing Systemic Issues; Domestic Public Resources |
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ESCAP |
Summary: This brief focuses on the importance of strengthening financial regulations that can accelerate private financing towards the Sustainable Development Goals in the Asia-Pacific region. The brief puts forward actions to deepen banking and capital markets in Asia and the Pacific, as well as outlines a new approach that combines concessional and private finance in the least developed countries in Asia and the Pacific. Action Areas: Domestic and International Private Business and Finance; Debt and Debt Sustainability; Addressing Systemic Issues |
GCF |
"Innovative Approaches to Mobilizing Climate Finance" Summary: This policy brief explores innovative approaches to mobilizing climate finance, focusing on both public and private sector contributions. It highlights the urgent need for scalable finance solutions, given global economic volatility and rising debt levels in developing countries. Key solutions include unlocking alternative funding sources, leveraging debt restructuring, scaling blended finance, and utilizing innovative financial instruments. The Green Climate Fund (GCF) plays a critical role in catalyzing such investments and driving climate action, particularly in support of the most vulnerable. Action Areas: Domestic and International Private Business and Finance; Addressing Systemic Issues; Debt and Debt Sustainability |
ILO |
"Closing the Financing Gap for Universal Social Protection" Summary: This brief presents evidence on coverage and financing gaps for universal social protection (USP), offering actionable recommendations for FfD4. The ILO estimates that to ensure at least a social protection floor, low- and middle-income countries require an additional investment of US$ 1.4 trillion (3.3 per cent of the aggregate GDP) of these countries. To close the financing gap countries must increase investment in social protection, raising effective coverage by 2 percentage points annually (SDG indicator 1.3.1). At the international level, debt relief should move at a faster pace and access to international emergency financing must be enhanced to enable regular investment in USP in a climate-volatile world and avoid repeated rounds of austerity. Action Areas: Debt and Debt Sustainability, Domestic Public Resources, Cross-Cutting Issues |
OHCHR |
"The Human Rights Case for a Reform of the International Sovereign Debt Architecture" Summary: This policy brief argues that the international financial architecture requires a radical transformation to resume progress and advance on human rights, including the right to development, climate action and the commitments outlined in the 2030 Agenda on Sustainable Development. There is a need for a multilateral legal framework on sovereign debt, grounded in international human rights principles and standards, where all creditors, including private creditors participate on an equal footing to ensure a fair and effective resolution of debt crisis. Action Areas: Debt and Debt Sustainability, International Development Cooperation |
UNCTAD |
"Sovereign Debt Workout Mechanisms: The G20 Common Framework and Beyond" Action Areas: Debt and Debt Sustainability, International Development Cooperation |