The Bern Network on Financing Data for Development has just released a new paper that outlines a new Data Financing Facility to close the data gaps needed to monitor SDG progress.
Launched at the High-Level Political Forum in New York today, the paper highlights the issue that today, almost a third of the way to 2030, data to measure and track the SDGs are largely not available. This is preventing ‘leave no one behind’ from becoming a reality. By doubling financial support to statistics to 0.7% of ODA per year, we could achieve significant progress.
A global alliance for more and better financing for development data should work to support better identification of needs, improved investment proposals, better co-ordination at the country level, and joined-up domestic and external financial support for low-capacity countries. Within it, a Data Financing Facility could provide complementary funding and convening support and reinforce incentives for better financing for data and statistical systems.
The Bern Network is currently developing the Clearinghouse on Financing Development Data, which will provide information on data supply and demand in order to build new partnerships, bring projects to scale, and access best practices.