Inputs to the Outcome Document

This joint Brief by IMF, OECD and WBG emphasizes the critical role of Domestic Revenue Mobilization (DRM) in addressing the financing gap for the Sustainable Development Goals (SDGs) in low-income countries. It highlights the need for comprehensive tax reforms, enhanced compliance, and international cooperation to increase tax revenues. The brief advocates for utilizing the upcoming FFD4 conference to strengthen tax capacity and align policies with sustainable development objectives.

Scaling up public and private investments in sustainable industrialization is a key to closing the SDG financing gap in developing countries. This UNIDO policy brief discusses how modern SDG-oriented industrial policies, complemented by innovative financing mechanisms and capacity-building, can play an important role in directing financing towards strategic investments and sectors, thus accelerating progress towards the SDGs.