Development Finance Assesment & Road Map for the preparation of Financing Framework for SDG in BiH
DFA & Road Map for SDGs FF
As part of the Joint Program of the United Nations (UN) to support SDG Framework in BiH achievement, a comprehensive development finance assessment (DFA) was carried out in Bosnia and Herzegovina (BiH) between 2021 and 2022. The results of the comprehensive DFA was utilized throughout 2023 for a setting a Road Map proposal for the preparation of the Financing Framework for SDGs in Bosnia and Herzegovina.
The DFA and the Road Map preparation was carried out in accordance with the internationally recognized UN methodology for the assessment of development finances and with the technical support of a group of international and domestic experts for financing sustainable development.
The DFA and the Road Map were prepared with the consultative support of members of the SDG Financing Working Group, which consists of representatives of the Council for Monitoring the Implementation of the Sustainable Development Goals of BiH, appointed representatives of the Ministries of Finance and other ministries from the level of BiH, the Federation of Bosnia and Herzegovina (FBiH), Republika Srpska (RS) and representatives of the Finance Directorate of Brčko District of BiH.
The DFA provides an extensive diagnostic of
(i) the macro economical and financial context and development finance landscape in BiH;
(ii) policy and macro level SDG financing overview and
(iii) propose practical financial solutions and arrangement how Bosnia and Herzegovina can foster its sustainable development and accelerate the SDGs implementation up to 2030.
The DFA was utilized for a Road Map preparation that offers an experts’ proposal of concrete solutions for the preparation of the Financing Framework for SDG in BiH, the implementation of which would significantly accelerate progress in achieving Agenda 2030, i.e. sustainable socio-economic development of the country.