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SDG Knowledge Weekly: Policy Coherence in the EU and Beyond (IISD)
February 13, 2019
From the article:
This week’s brief summarizes several reports and analyses on policy coherence and interlinkages across the SDG framework in Europe, Asia and Latin America. We also review thought leadership on other forms of means of implementation in Europe, focusing on the EU’s financial architecture and external investment.
The Center for Global Development published a policy paper titled, ‘The EU’s Financial Architecture for External Investment: Progress, Challenges, and Options.’ The authors describe the evolution of the European financial architecture, including blending strategies, guarantees, the External Investment Plan (EIP) launched in 2017, and a proposed investment framework. Noting that the EIP aims to increase the scale, impact and coherence of EU-supported external investment, the paper documents lessons learned during its first year of implementation. The authors call for “greater policy steer to investors;” increasing competition among institutions for investment support; setting clear guidance and fee structures; and standardizing contractual terms, among other recommendations.