Towards the Sustainable Development Goals Financing Ecosystem in Bosnia and Herzegovina

The joint intervention of five UN agencies aims to develop finance reviews, foster social dialogue and support the governments at national and sub-national levels to help them achieve the Sustainable Development Goals.

The ILO joined forces with other UN agencies to build a Sustainable Development Goals (SDGs) Financing Ecosystem in Bosnia and Herzegovina under the Joint SDG Fund. An SDG Financing ecosystem is a network that enables the generation of additional funding to promote and achieve the SDGs.

Bosnia and Herzegovina has a complex political governance system. The fragmentation of policy processes makes the achievement of the SDGs more challenging than in other countries in the Western Balkans. The 2-year joint programme between the five different UN agencies aims to develop financial assessments and expenditure reviews, foster social dialogue and support the national and local governments through capacity building. These interventions will help to establish SDG-informed resource planning of public spending and assess the efficiency of past spending. By doing so, an SDG financing ecosystem will strengthen and additional finances catalyze towards the achievement of the SDGs.

The ILO’s contribution to this joint programme focuses on bringing additional resources to SDG 8 “Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all”.  More specifically, the ILO will contribute to building the capacities of statistical bureaus.