The Inter-agency Task Force on Financing for Development (IATF) is comprised of over 60 United Nations agencies, programs and offices, regional economic commissions and other relevant international institutions. It was created to follow up on the 2015 Addis Ababa Action Agenda which is also known as the 2030 Agenda for Sustainable Development, which includes the Sustainable Development Goals (SDGs). IATF seeks to align financing flows and policies with economic, social, and environmental priorities.
The Task Force:
- reports annually on progress in implementing the Addis Agenda, other financing for development outcomes and the means of implementation of the 2030 Sustainable Development Agenda, and
- advises the intergovernmental follow-up process on progress, implementation gaps and recommendations for corrective action, while taking into consideration the national and regional dimensions.
The IATF reports are targeted at member states, particularly policymakers from ministries of finance, trade, foreign affairs and development cooperation, as well as central banks, local authorities, regulators and parliaments. Its analysis and recommendations seek to inform implementing agencies that are guided by the priorities set in the 2030 Sustainable Development Agenda, and those outside the public sector that assess progress or advocate for change, including academics, think tanks, civil society and the private sector.
The IATF has initiated several work streams to carry out in-depth analysis on specific issues of interest to the finance for development process. In each of these work streams, the Task Force draws on the combined analytical expertise of its member agencies, through background research, dedicated technical meetings, and engagement with experts.
Task Force work streams:
- ESG investing and returns
- Trade finance gap
- Aligning capital markets with sustainable development
- Financing social protection floors
- Impact of new technologies on labour markets
- Illicit financial flows
- Infrastructure investments and public-private partnerships
- Measuring international public finance
Mandate:
The Task Force has two goals: to monitor progress on the Addis Agenda and advise governments on Financing for Sustainable Development.
Relies on voluntary contributions from UN Member States, multilateral organisations, private sector and other sources.
