Financial Crime World

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Application of Gender Marker

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The Joint Programme (JP) acknowledged and aimed to address gender to enhance the policy/programme.

Key Activities

  • Evidence, data collection and analysis (e.g., gender assessments of programmes; policy briefs, costing for scale-up of social services) were conducted.
  • Policy dialogues, advocacy (e.g., direct input to national policies, strategies, laws, including women’s and girls’ rights groups in coordination mechanisms) took place.

Focus on Least Developed Countries (LDCs)

The JP focused on LDCs. However, specific details about the focus on Human Rights, Disability, Youth, Environmental and Social Standards are not provided.

Key Highlights

  • The text does not provide information about the focus on these areas.

Strategic Partnerships, Documents, and Communications

The JP facilitated collaboration with diverse stakeholders in the SDG financing space through partnerships with various organizations.

Key Partnerships

  • The Stock Exchange (Bolsa de Valores) of Cabo Verde was partnered with to implement a sustainable finance platform (Blu-X), which raised over $26 million USD in capital markets.
  • NGOs were also partnered with to operationalize a digital marketplace (Negocia) for SDG entrepreneurship and investment, including the disbursement of guarantee funds (Fundo Lavanta) for youth- and women-led SMEs.

Intermediaries

The JP worked closely with various intermediaries to achieve its objectives.

Key Intermediaries

  • State sectors, such as the Ministry of Finance, the State Secretariat for Enterprise Development, the Ministry of the Family, Inclusion and Social Development, the National Statistics Institute (INEC), the Labour Market Observatory, the National Institute for Social Protection (INPS), the National Centre for Social Pensions (CNPS), the Institute for the Promotion of Enterprises (ProEmpresas), and municipalities actively participated in studies, provided technical guidance, positioned on issues concerning them, supplied information, including statistical data, co-organized capacity building events, and disseminated results.
  • Private sector entities, including Chambers of Commerce, the Chamber of Tourism, and trade union centres representing workers, also participated in various activities.

Donor and Strategic Events

The JP steering committee/programme board meeting was attended, as well as a strategic partners/donors event.

Key Highlights

  • The JP’s progress and achievements were discussed with stakeholders during these events.

JP Contribution to SDG Financing

The JP made significant contributions to SDG financing through various activities.

Key Contributions

  • A bill, strategy, and/or approved a law increasing the fiscal space for the policy in focus was drafted.
  • Financing, costing, diagnostic, and feasibility analyses were produced as a basis for investor increases spending on the SDGs.
  • Improved efficiency (cost savings) in the management of programmes/schemes was achieved.
  • Improved effectiveness (value for money; i.e., social impact of $1 spent) of spending was realized.
  • Drafted policies/regulatory frameworks or developed tools to incentivize private sector investment on the SDGs were created.
  • Structured new financial instruments (public, private, or blended) to leverage additional funding were established.

Main Capacity Building Activities

Unfortunately, there are no main capacity building activities mentioned in the provided text that allowed people to expand their knowledge on SDG financing and INFFs (blended finance).