ADB and the Sustainable Development Goal
ADB and the Sustainable
Development Goals
Olivier Serrat
2016
The views expressed in this presentation are the views of the author/s and do not necessarily reflect the views or policies of the Asian
Development Bank, or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included
in this presentation and accepts no responsibility for any consequence of their use. The countries listed in this presentation do not imply any
view on ADB's part as to sovereignty or independent status or necessarily conform to ADB's terminology.
The 17 Sustainable Development
Goals
• United Nations-led dialogues
• Eight goals; 18 targets; 48
indicators
• A focus on deprivation in poor
countries
• The goals only partially addressed
the environment and inequality
• The goal to develop a global
partnership for development
(MDG8) was weakly formulated and
partially monitored
• Financing originated largely from
overseas development assistance
• The demands on national
statistical systems were recognized
late and not matched by resources
• Country-led consultations
• Seventeen goals; 169 targets; 230
indicators
• The goals aims for sustainable
development at the level of the
planet, a veritable seismic shif
• The goals cover the three
dimensions of sustainable
development: economic growth,
social inclusion, and environmental
protection.
• Global partnerships are to be
implemented under each goal and
under SDG17
• Financing is to come from all
sources
• The challenge of improving
national statistical systems and data
availability will intensify
Sustainable Development Goals
Millennium Development Goals
From Millennium to Sustainable
Development Goals
Development Progress in Asia and
the Pacific
The Asian and Pacific
region drove global
progress toward the
Millennium
Development Goals by
the sheer size of its
population, share of
gross domestic product,
but also because of the
large number of
deprived people the
region lifed from
poverty (Source of Data:
ESCAP–ADB–UNDP.
2015. Making It Happen.
Bangkok.)
Megatrends in Asia and the Pacific
Megatrends are
transformative
forces that define
the future with
far-reaching
impacts on
business,
cultures,
economies,
societies, and
personal lives.
The Asian and
Pacific region is
characterized by:
• Demographic Change. Ageing populations
and the youth bulge pose challenges but
offer opportunities at the top and bottom
of the age pyramid.
• Rapid Urbanization. The rise of cities is
unprecedented; by 2030, the region shall
have at least 22 megacities.
• Interconnectedness. Regional cooperation
and integration are forging interlinkages in
markets and infrastructure.
• Changing Economic Structures. Countries
must define and re-define what industries
will characterize their outlook.
• Shift to Knowledge-Based Economies.
Knowledge-based economies require
different sets of skills and beckon related
investments.
Moving Asian Funds Toward
Sustainable Development
Fiscal resources from domestic savings
offer great potential. However, the bulk of
Asian funds is in private hands (and
therefore dispersed): what is available is
invested in richer countries. Unlike
overseas development assistance, private
funds are not programmable. Plugging
leaks, e.g., tax evasion, failure to pay taxes,
etc., would bring in more revenues than
official development assistance.
Investments for sustainable development are
riskier, longer-term, and less profitable.
Long-term funds remain to be unlocked.
Private flows far outstrip
public finance in Asia and the
Pacific, 2012–2014 (annual, $
billions) (Source of Data:
ESCAP–ADB–UNDP. 2015.
Making It Happen. Bangkok.)
Bottlenecks to Overcome in
Mobilizing Finance
Narrow tax base, weak tax administration
Revenue leakages, tax havens
A relatively small private sector and underdeveloped financial
markets—banking, capital markets, debt instruments
Savings seek safety, returns, and liquidity, hence the tendency to
invest in richer countries
Difficulties in accessing new sources for sustainable
development: climate funds, pension or insurance funds
Absorptive capacity constraints in institutions, capital, and skills
ADB's Overall Response to the
Sustainable Development Goals
The recent merger of ADB's Asian Development Fund and ordinary
capital resources will boost the bank's total annual lending and grant
approvals to about $20 billion—50% more than the current level;
ADB's assistance to lower-income countries will rise by up to 70% from
the current level of $6.5 billion to $7.5 billion–$11 billion by 2026.
Guided by country priorities and ADB's comparative advantage, a
rebalanced portfolio under ADB's latest rolling Work Program and
Budget Framework, 2016–2018 will
•
•
•
•
Expand operations in education and health;
Focus more intently on inclusive growth and climate actions;
Amplify private sector operations; and
Roll-out public-private partnerships to foster demand.
ADB's Overall Response to the
Sustainable Development Goals
ADB is preparing a new corporate strategy to respond to a changing Asia
and Pacific and Agenda 2030, incorporating the Addis Ababa Action
Agenda on financing for development and outcomes of the COP21 on
reducing emissions and managing the impacts of climate change. A new
corporate results framework will be developed. Global monitoring of the
progress of the SDGs will require harmonization of standards, definitions,
and methodologies, with capacity development: in ADB, a review will
explore ways to align the results indicators in the new corporate results
framework with SDG outcomes that are relevant to Asia and the Pacific
and ADB's strategic directions; the review will make the indicators more (i)
crosscutting, meaning thematic, rather than sector-based; and (ii)
outcome-based (rather than output-based).
Knowledge Sharing and the
Sustainable Development Goals
ADB collaborated with ESCAP and UNDP
on (i) the 2012–2013 regional progress
report on the MDGs, which highlighted
Asia-Pacific perspectives aspirations in
global dialogues on the SDGs; and (ii) the
2014–2015 regional progress report on
the MDGs, which identified key
challenges on data, technology, and
finance where development cooperation
will be critical to the SDGs.
In 2015, ADB joined other multilateral
development banks to identify jointfinancing support for the SDGs.
ADB's knowledge sharing pipeline includes
a 2016 SDG Outlook Report and a 2017
SDG Thematic Report.
ADB attended the Addis Ababa
Financing for Development
Conference (July 2015) and the United
Nations Summit on Sustainable
Development (September 2015)
Monitoring the Progress of the
Sustainable Development Goals
Monitoring the accomplishment of the SDGs will make significant
demands on national statistical systems: this summons requisite
investments in capacity building.
Global monitoring of the progress of the SDGs will require
harmonization of standards, definitions, and methodologies. And yet,
specific country contexts will have to be reflected. For instance,
assessment of progress toward gender equality may need to be
gauged against national laws and local customs.
Assessments of progress may also need to consider interlinkages
across SDGs and possible trade‐offs and co-benefits among economic,
social, and environmental dimensions of sustainable development.
Further Reading
• ADB. 2011. Guidelines for Knowledge Partnerships. Manila.
www.adb.org/publications/guidelines-knowledge-partnership
s
• ——. 2013. Asia-Pacific Aspirations: Perspectives for a Post2015 Development Agenda. Manila.
www.adb.org/publications/asia-pacific-aspirations-perspect
ives-post-2015-development-agenda
• ESCAP-ADB-UNDP. 2015. Making It Happen: Technology,
Finance, and Statistics for Sustainable Development in Asia
and the Pacific. Bangkok.
www.adb.org/publications/technology-finance-and-statistics-s
ustainable-development-asia-pacific
Further Reading
• ADB. 2015. Making Money Work: Financing a Sustainable
Future in Asia and the Pacific. Manila.
www.adb.org/publications/making-money-work-financing-susta
inable-future-asia-and-pacific
• UN. 2015. The Addis Ababa Action Agenda of the Third
International Conference on Financing for Development. New
York: United Nations.
www.un.org/esa/ffd/wp-content/uploads/2015/08/AAAA_Ou
tcome.pdf
• ——. 2015. Transforming Our World: the 2030 Agenda for
Sustainable Development. New York: United Nations.
sustainabledevelopment.un.org/post2015/
transformingourworld
Further Reading
• ADB. 2016. Sustainable Development Goals. Manila.
www.adb.org/site/sdg/main
Videos
• ADB. 2013. Reflections on Rio+20. Manila.
vimeo.com/92214523
• ——. 2013. The Millennium Development Goals. Manila.
vimeo.com/92214529
• ——. 2013. ADB's Contribution to the Millennium
Development Goals. Manila. vimeo.com/92214530
• ——. 2013. The Millennium Development Goals and the Post2015 Development Agenda. Manila. vimeo.com/92214538
• ——. 2013. Achievements of the Millennium Development
Goals in Asia and the Pacific. Manila. vimeo.com/92482268
Videos
• ADB. 2013. New Development Challenges in Asia and the
Pacific. Manila. vimeo.com/92482269
• ——. 2016. ADB: Reflections and Beyond. Manila.
vimeo.com/user26371068
• ——. 2016. The ADB Sustainable Development Timeline.
Manila. reflections.adb.org/
Quick Response Codes
@ADB
@ResearchGate
@ADB Sustainable
Development Timeline
@Scholar
@Academia.edu
@SlideShare
@LinkedIn
@Twitter
Development Goals
Olivier Serrat
2016
The views expressed in this presentation are the views of the author/s and do not necessarily reflect the views or policies of the Asian
Development Bank, or its Board of Governors, or the governments they represent. ADB does not guarantee the accuracy of the data included
in this presentation and accepts no responsibility for any consequence of their use. The countries listed in this presentation do not imply any
view on ADB's part as to sovereignty or independent status or necessarily conform to ADB's terminology.
The 17 Sustainable Development
Goals
• United Nations-led dialogues
• Eight goals; 18 targets; 48
indicators
• A focus on deprivation in poor
countries
• The goals only partially addressed
the environment and inequality
• The goal to develop a global
partnership for development
(MDG8) was weakly formulated and
partially monitored
• Financing originated largely from
overseas development assistance
• The demands on national
statistical systems were recognized
late and not matched by resources
• Country-led consultations
• Seventeen goals; 169 targets; 230
indicators
• The goals aims for sustainable
development at the level of the
planet, a veritable seismic shif
• The goals cover the three
dimensions of sustainable
development: economic growth,
social inclusion, and environmental
protection.
• Global partnerships are to be
implemented under each goal and
under SDG17
• Financing is to come from all
sources
• The challenge of improving
national statistical systems and data
availability will intensify
Sustainable Development Goals
Millennium Development Goals
From Millennium to Sustainable
Development Goals
Development Progress in Asia and
the Pacific
The Asian and Pacific
region drove global
progress toward the
Millennium
Development Goals by
the sheer size of its
population, share of
gross domestic product,
but also because of the
large number of
deprived people the
region lifed from
poverty (Source of Data:
ESCAP–ADB–UNDP.
2015. Making It Happen.
Bangkok.)
Megatrends in Asia and the Pacific
Megatrends are
transformative
forces that define
the future with
far-reaching
impacts on
business,
cultures,
economies,
societies, and
personal lives.
The Asian and
Pacific region is
characterized by:
• Demographic Change. Ageing populations
and the youth bulge pose challenges but
offer opportunities at the top and bottom
of the age pyramid.
• Rapid Urbanization. The rise of cities is
unprecedented; by 2030, the region shall
have at least 22 megacities.
• Interconnectedness. Regional cooperation
and integration are forging interlinkages in
markets and infrastructure.
• Changing Economic Structures. Countries
must define and re-define what industries
will characterize their outlook.
• Shift to Knowledge-Based Economies.
Knowledge-based economies require
different sets of skills and beckon related
investments.
Moving Asian Funds Toward
Sustainable Development
Fiscal resources from domestic savings
offer great potential. However, the bulk of
Asian funds is in private hands (and
therefore dispersed): what is available is
invested in richer countries. Unlike
overseas development assistance, private
funds are not programmable. Plugging
leaks, e.g., tax evasion, failure to pay taxes,
etc., would bring in more revenues than
official development assistance.
Investments for sustainable development are
riskier, longer-term, and less profitable.
Long-term funds remain to be unlocked.
Private flows far outstrip
public finance in Asia and the
Pacific, 2012–2014 (annual, $
billions) (Source of Data:
ESCAP–ADB–UNDP. 2015.
Making It Happen. Bangkok.)
Bottlenecks to Overcome in
Mobilizing Finance
Narrow tax base, weak tax administration
Revenue leakages, tax havens
A relatively small private sector and underdeveloped financial
markets—banking, capital markets, debt instruments
Savings seek safety, returns, and liquidity, hence the tendency to
invest in richer countries
Difficulties in accessing new sources for sustainable
development: climate funds, pension or insurance funds
Absorptive capacity constraints in institutions, capital, and skills
ADB's Overall Response to the
Sustainable Development Goals
The recent merger of ADB's Asian Development Fund and ordinary
capital resources will boost the bank's total annual lending and grant
approvals to about $20 billion—50% more than the current level;
ADB's assistance to lower-income countries will rise by up to 70% from
the current level of $6.5 billion to $7.5 billion–$11 billion by 2026.
Guided by country priorities and ADB's comparative advantage, a
rebalanced portfolio under ADB's latest rolling Work Program and
Budget Framework, 2016–2018 will
•
•
•
•
Expand operations in education and health;
Focus more intently on inclusive growth and climate actions;
Amplify private sector operations; and
Roll-out public-private partnerships to foster demand.
ADB's Overall Response to the
Sustainable Development Goals
ADB is preparing a new corporate strategy to respond to a changing Asia
and Pacific and Agenda 2030, incorporating the Addis Ababa Action
Agenda on financing for development and outcomes of the COP21 on
reducing emissions and managing the impacts of climate change. A new
corporate results framework will be developed. Global monitoring of the
progress of the SDGs will require harmonization of standards, definitions,
and methodologies, with capacity development: in ADB, a review will
explore ways to align the results indicators in the new corporate results
framework with SDG outcomes that are relevant to Asia and the Pacific
and ADB's strategic directions; the review will make the indicators more (i)
crosscutting, meaning thematic, rather than sector-based; and (ii)
outcome-based (rather than output-based).
Knowledge Sharing and the
Sustainable Development Goals
ADB collaborated with ESCAP and UNDP
on (i) the 2012–2013 regional progress
report on the MDGs, which highlighted
Asia-Pacific perspectives aspirations in
global dialogues on the SDGs; and (ii) the
2014–2015 regional progress report on
the MDGs, which identified key
challenges on data, technology, and
finance where development cooperation
will be critical to the SDGs.
In 2015, ADB joined other multilateral
development banks to identify jointfinancing support for the SDGs.
ADB's knowledge sharing pipeline includes
a 2016 SDG Outlook Report and a 2017
SDG Thematic Report.
ADB attended the Addis Ababa
Financing for Development
Conference (July 2015) and the United
Nations Summit on Sustainable
Development (September 2015)
Monitoring the Progress of the
Sustainable Development Goals
Monitoring the accomplishment of the SDGs will make significant
demands on national statistical systems: this summons requisite
investments in capacity building.
Global monitoring of the progress of the SDGs will require
harmonization of standards, definitions, and methodologies. And yet,
specific country contexts will have to be reflected. For instance,
assessment of progress toward gender equality may need to be
gauged against national laws and local customs.
Assessments of progress may also need to consider interlinkages
across SDGs and possible trade‐offs and co-benefits among economic,
social, and environmental dimensions of sustainable development.
Further Reading
• ADB. 2011. Guidelines for Knowledge Partnerships. Manila.
www.adb.org/publications/guidelines-knowledge-partnership
s
• ——. 2013. Asia-Pacific Aspirations: Perspectives for a Post2015 Development Agenda. Manila.
www.adb.org/publications/asia-pacific-aspirations-perspect
ives-post-2015-development-agenda
• ESCAP-ADB-UNDP. 2015. Making It Happen: Technology,
Finance, and Statistics for Sustainable Development in Asia
and the Pacific. Bangkok.
www.adb.org/publications/technology-finance-and-statistics-s
ustainable-development-asia-pacific
Further Reading
• ADB. 2015. Making Money Work: Financing a Sustainable
Future in Asia and the Pacific. Manila.
www.adb.org/publications/making-money-work-financing-susta
inable-future-asia-and-pacific
• UN. 2015. The Addis Ababa Action Agenda of the Third
International Conference on Financing for Development. New
York: United Nations.
www.un.org/esa/ffd/wp-content/uploads/2015/08/AAAA_Ou
tcome.pdf
• ——. 2015. Transforming Our World: the 2030 Agenda for
Sustainable Development. New York: United Nations.
sustainabledevelopment.un.org/post2015/
transformingourworld
Further Reading
• ADB. 2016. Sustainable Development Goals. Manila.
www.adb.org/site/sdg/main
Videos
• ADB. 2013. Reflections on Rio+20. Manila.
vimeo.com/92214523
• ——. 2013. The Millennium Development Goals. Manila.
vimeo.com/92214529
• ——. 2013. ADB's Contribution to the Millennium
Development Goals. Manila. vimeo.com/92214530
• ——. 2013. The Millennium Development Goals and the Post2015 Development Agenda. Manila. vimeo.com/92214538
• ——. 2013. Achievements of the Millennium Development
Goals in Asia and the Pacific. Manila. vimeo.com/92482268
Videos
• ADB. 2013. New Development Challenges in Asia and the
Pacific. Manila. vimeo.com/92482269
• ——. 2016. ADB: Reflections and Beyond. Manila.
vimeo.com/user26371068
• ——. 2016. The ADB Sustainable Development Timeline.
Manila. reflections.adb.org/
Quick Response Codes
@ADB
@ResearchGate
@ADB Sustainable
Development Timeline
@Scholar
@Academia.edu
@SlideShare