The Sustainable Development Goals Fund (SDG Fund) is the first development cooperation mechanism created to achieve the future Sustainable Development Goals (SDGs).
UNDP, with an initial contribution from the government of Spain, created the SDG Fund in 2014 in order to support sustainable development activities through integrated and multidimensional joint programmes. The SDG Fund intends to act as a bridge in the transition from MDGs to SDGs. It will provide concrete experiences on how to achieve a sustainable and inclusive world post-2015.
For the design of its joint programmes, the SDG Fund builds on the experience, knowledge, lessons learned and best practices of the Millennium Development Goals Achievement Fund. Established in 2007 through an agreement between the Government of Spain and UNDP, on behalf of the UN system, the MDG-F operated in 50 countries. It worked through more than 27 UN agencies in collaboration with citizens, civil society organizations, and local, regional, and national governments to target vulnerable groups and tackle multidimensional development challenges.
The MDG-F was one of the largest and most comprehensive development cooperation mechanisms devised to support MDG attainment.
With a total contribution of approximately USD $900 million, the MDG-F financed 130 joint programmes in 50 countries around the world, in 8 areas: Children, Food Security and Nutrition; Gender Equality and Women’s Empowerment; Environment and Climate Change; Youth, Employment and Migration; Democratic Economic Governance; Development and the Private Sector; Conflict Prevention and Peace-Building; and Culture and Development.
The MDG-F produced valuable insights on development cooperation. All this knowledge has been compiled in our library and is now accessible online. The SDG-F will disseminate and share the knowledge generated with development aid practitioners and decision-makers. The MDG-F country and global evaluation insight provided strategic insight to improve the operation of joint programmes. The SDG Fund adapts to the new context of development aid by placing a greater focus on sustainable development.
The SDG Fund initiates several relevant changes:
The SDG Fund intends to turn development effectiveness principles into joint programmes that deliver results and advance sustainable development goals.