Project Info

Project Code
1819M
Tranche
T11
Tranche Type
Regular
Status
Active
Title
Facilitating Investment into SDG sectors in developing countries

Entities

Implementing Entity (Lead)
UNCTAD
Collaborating DA Entities
ECA
ECLAC

Financial and Evaluation Info

Total Budget
$600,000.00
Project Selected for Evaluation
No

Countries and Regions

Countries or Areas: Angola, Antigua and Barbuda, Barbados, Belize, Botswana, Burundi, Comoros (the), Democratic Republic of the Congo (the), Dominica, Dominican Republic (the), Eswatini, Ethiopia, Grenada, Guyana, Haiti, Jamaica, Kenya, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Seychelles, South Africa, South Sudan, Trinidad and Tobago, Uganda, United Republic of Tanzania (the), Zambia, Zimbabwe
Regions: Africa, Americas
Sub-Regions:
Intermediate Regions:
Countries in Special Situations: Land Locked Developing Countries (LLDC), Least Developed Countries (LDC), Small Island Developing States (SIDS)

Areas of Work

SDG
9
10
17
5
SDG Targets
9.a
10.b
17.3
17.5
Thematic Clusters
Macroeconomics and Finance
Sustainable Development

Brief Description

Although most policy interventions for attracting investment to date have focused on investment promotion, robust investment facilitation is essential for investment attraction strategies to succeed. In many Caribbean, EAC, and SADC countries, investment facilitation services are inadequate, hampering investment promotion efforts. This project aims to strengthen the capacity of developing countries in these sub-regions to attract and benefit from investment in SDG-related sectors through enhanced investment facilitation. Building on UNCTAD Investment Policy Reviews and other technical assistance activities that have been carried out in the selected sub-regions, UNCTAD will provide tailored support in investment facilitation and inform policymakers, investment promotion officials, and other stakeholders on policy measures, practices, and tools that can address obstacles to investment for sustainable development. Through the organization of capacity-building workshops at the sub-regional level, advisory services for selected countries within these sub-regions, an inter-regional seminar and workshop, the preparation of a consulting manual on investment facilitation, and the development of a related online repository and sub-regional investment facilitation guide, this project will not only reach out to countries in the selected sub-regions, but also to other developing countries and foster the regional and international exchange of experiences, best practices, and tools.

Objective and Expected Outcomes

Objective
Harnessing investment facilitation to develop the capacity of developing countries to attract and benefit from investment in SDG-related sectors
Expected Outcome 1
Improved institutional capacity of developing countries in selected sub-regions to facilitate international investment into sustainable development sectors
Expected Outcome 2
Greater international awareness of best practices in facilitating investment in SDG priority sectors