Subregional and National Perspectives: South-East Asia Naylin Oo, Ph.D. Regional Advisor on ASEAN UN Economic and Social Commission for Asia and the Pacific 15 November 2018 1
The 2030 Agenda for Sustainable Development is our common roadmap to an inclusive, resilient and secure future for everyone, everywhere. - António Guterres The UN Secretary-General s remarks at the ASEAN Leaders Gathering Bali, Indonesia, 11 October 2018 2
Snapshot of SDG progress in South-East Asia Source: Asia and the Pacific SDG Progress Report 2017
SDG progress at target level in South-East Asia Source: Asia and the Pacific SDG Progress Report 2017
SDG acceleration in South-East Asia Source: Asia and the Pacific SDG Progress Report 2017
SDG capacity measures capacities Source: Asia-Pacific Countries with Special Needs Development Report 2016
ASEAN-UN Plan of Action 2016-2020 To support the realisation of the ASEAN Community Vision 2025 and the 2030 Agenda for Sustainable Development in a complementary manner and to strengthen collaboration in jointly addressing emerging regional and global challenges. To enhance their political-security, economic, and socio-cultural cooperation as well as cross-sectoral cooperation. Cross-Sectoral Cooperation Cooperation to Implement the 2030 Agenda for Sustainable Development Complementarities Initiative > Report > Flagships
Complementarities Report Findings Poverty Infrastructure and Connectivity Resilience Natural Resources Management Sustainable Consumption and Production Source: Complementarities between the ASEAN 2025 and the 2030 Agenda
Case: Lao PDR In securing financing for SDGs, the predictability and sustainability of funding sources remain a challenge. NSEDP will require over US$ 21.4 bil. 40-49% from private investment 40-49% from financial institutions 12-15% from Government 15-24% from ODA The next step will be to establish baselines for all indicators that have been localized Source: Voluntary National Review (July 2018), SDG Index and Dashboards Report 2017
Case: Myanmar Myanmar Sustainable Development Plan 3 Pillars, 5 Goals, 28 Strategies, 251 Action Plans Identified a number of sources of development finance to be mobilised for the implementation of the MSDP: Domestic Public Finance Domestic Private Finance International Public Finance International Private Finance Project Bank: consists of specific development projects linked to various Action Plans. Major capital projects that meet predetermined criteria will be elevated further into a Public Investment Programme. Source: Myanmar Sustainable Development Plan (August 2018)
Source: Financing the Sustainable Development Goals in ASEAN ASEAN: Finance Landscapes
Managing Flows of Development Finance Leveraging the domestic private sector to support the achievement of national development agenda. Ensuring efficient and effective spending of domestic public revenues. Using the complementarity between the different external public finance flows. A mix of strategies is required for financing the achievement of national development goals and priorities. Improving the efficiency and effectiveness of domestic public revenues by strengthening planning, budgeting, and budget monitoring systems, Examining the allocation of domestic public revenue against national priorities, and Increasing social sector allocations to address social inequalities.
Looking Beyond LDC Graduation LDC graduation marks a milestone but it is necessary to look beyond. Meeting the graduation criterial does not mean a country is necessarily on a sustainable development pathway. A country needs to continue focusing on structural transformation, including through expanding productive capacity, diversifying the economy, and building resilience to shocks. LDC graduation priorities as well as the 2030 Agenda need to be integrated into the National Development Plans while keeping in mind of the regional aspiration such as the ASEAN Community Vision 2025. Make sure these efforts contribute to a longer-term sustainable development pathway.
Thank you! 14