Let’s start with a little bit of recent history. Innovative financing for the UN goes back to the International Conference on Financing for Development in 2002. The hope was that innovative financing would help to bridge the gap between what was available and what was needed to reach the Millennium Development Goals (MDGs) by 2015.
Over the past 20 years, the world has seen unprecedented progress of human development, as nearly 1.1 billion people have moved out of extreme poverty. But unfinished business remains. Today, roughly 800 million people still live in extreme poverty and inequalities are growing.
We at the UN in Costa Rica are designing our next UN common plan for 2018-2022 to support the Government in its efforts to achieve the Global Goals by 2030. To do that, we are following the crowdsourcing spirit of the new development agenda. We are trying to adapt our decision making so that our new UN Development Assistance Framework is developed with the full wisdom of the crowd.
Results, results, results. The age old monitoring and evaluation question: how do you [actually] draw a connection between transformational changes in the lives of people and the development projects that aim to help them?