United Nations Development Programme
Nigeria’s integrated Sustainable Development Goals (iSDG) model estimates that the country has a financing need of about N125 trillion (over USD 300 billion) to achieve sustainable development by 2030. Besides a requirement of N83 trillion for public sector expenditure, this also includes a N42 trillion private sector investment opportunity. The human and economic impact of COVID-19 makes spending needs larger and SDG financing even more challenging by exacerbating issues of poverty, unemployment and financial inclusion, among others. This implies that recovery efforts must be doubled, and all resources channelled towards progress. Mobilizing the scale of public and private financial resources required faces significant challenges ranging from managing complex financing instruments to designing and implementing policies that incentivise private sector participation, and effective coordination of diverse stakeholders.
In partnership with the European Union (EU), the Integrated National Financing Framework (INFF) supported by the United Nations Development Programme (UNDP) is responding to these challenges by operationalizing the Addis Ababa Action Agenda (AAAA) for financing development through the design of concrete action plans aimed at effectively mobilizing and utilizing public and private finance, as well as domestic and international finance.
On the private finance side, in order to mobilise and align capital to the SDGs, UNDP provides investors and businesses with the data and insights needed to direct capital to where it is most needed. Through the SDG Investor Map, private sector investors and businesses are equipped with market intelligence to directly contribute towards the attainment of the SDGs by scaling local solutions to create impact. For this purpose, UNDP Nigeria produced the Nigeria SDG Investor Map, which identifies SDG-aligned investment opportunities to encourage investors to proactively deploy capital towards addressing national development needs, as publicly available via the SDG Investor Platform and spotlighted through this video documentary. Additionally, through impact facilitation, UNDP Nigeria conducts policy roundtables to enhance the enabling environment for SDG investments and bridges the demand and supply gap by connecting Small and Medium Enterprises (SMEs) with capital allocators to scale high impact solutions.
If you already have a supplier profile, please login to the Supplier Portal, then search for the negotiation using the reference number UNDP-NGA-00062,1, following the instructions in the user guide.
To help us track our procurement effort, please indicate in your email where (nearmejobs.eu) you saw this tender/procurement notice.