UNDP organises validation workshop on Development Finance Assessment for Jordan

AMMAN – The United Nation Development Programme (UNDP) in Jordan organised a two-day validation workshop of the findings of the Development Finance Assessment (DFA) and other thematic studies related to financing sustainable development in Jordan. 

The DFA is a comprehensive analysis of the contribution of financing flows — public and private, domestic as well as international — to the development priorities of Jordan. Its aim is to articulate policy recommendations to enhance planning and efficient use of financial resources, and to promote dialogue and collaboration between the stakeholders involved in financing sustainable development, according to a UNDP statement.

The DFA attempts to support the government of Jordan in adopting a roadmap for the Integrated National Financing Framework (INFF), in order to navigate the financing for development landscape in service of the realisation of the national objectives stated in the Economic Modernisation Vision.

The workshop brought together technical experts from the government and public institutions, private stakeholders and representatives of the bilateral and multilateral international development community. 

In addition to the DFA preliminary findings, the participants discussed the conclusions of studies conducted by UNDP on the impact of recent global shocks on development financing flows, climate financing flows, the impact of energy price increases on tariff reforms, energy security and green energy transition, the feasibility of innovative SDG financing solutions (debt swap, bonds) and the contribution of remittances to sustainable development.

The final DFA will reflect the inputs from the thematic studies and the feedback from the experts who gathered for this two-day workshop. “It will provide a clear picture of the trends, the risks, and the opportunities in development financing in Jordan. This shared understanding of the financing landscape will ground further dialogue between key stakeholders from the public and the private sectors towards the implementation of the INFF,” read the statement.