SAI Capacity/Relevance in a Post 2015 Development Agenda – Donor Perspective Jennifer Thomson Chief Financial Management Officer, The World Bank Donor.

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Presentation transcript:

SAI Capacity/Relevance in a Post 2015 Development Agenda – Donor Perspective Jennifer Thomson Chief Financial Management Officer, The World Bank Donor Chair – INTOSAI-Donor Cooperation

2030 Agenda for Sustainable Development – A Snapshot: 17 SDGs & 169 targets

Goals and Targets – An Example 9.1 develop quality, reliable, sustainable and resilient infrastructure, including regional and trans-border infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all 9.2 promote inclusive and sustainable industrialization, and by 2030 raise significantly industry’s share of employment and GDP in line with national circumstances, and double its share in LDCs 9.3 increase the access of small-scale industrial and other enterprises, particularly in developing countries, to financial services including affordable credit and their integration into value chains and markets 9.4 by 2030 upgrade infrastructure and retrofit industries to make them sustainable, with increased resource use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, all countries taking action in accordance with their respective capabilities 9.5 enhance scientific research, upgrade the technological capabilities of industrial sectors in all countries, particularly developing countries, including by 2030 encouraging innovation and increasing the number of R&D workers per one million people by x% and public and private R&D spending

Principles for Review and Monitoring of SDGs Voluntary & country-led evaluations Longer-term orientation Avoid duplication Minimize the reporting burden Evidence based evaluations and data Active support of the UN system and other multilateral institutions Enhanced capacity- building support for developing countries

World Bank Group Goals and SDGs The WBG's twin goals of ending poverty and promoting shared prosperity are fully aligned to the 2030 Agenda “I congratulate member states and the United Nations on this remarkable consensus. The SDGs are the product of years of hard work by countries and a testament to their deep commitment to promoting international cooperation and the well-being of all,” said World Bank Group President Jim Yong Kim. “The SDGs’ focus on people, planet, prosperity, peace and partnership provides a comprehensive and robust development path for the world to follow over the next fifteen years.” WBG has reiterated its commitment to partner with the UN Secretary- General, UN agencies, and supporting implementation, providing finance and sharing data Member States by

From Billions to Trillions: Transforming Development Finance – Financing the SDGs ODA, estimated at $135 billion a year, provides a fundamental source of financing, especially in the poorest and most fragile countries - But More is Needed Investment needs in infrastructure alone could reach up to $1.5 trillion a year in emerging and developing countries A Key - mobilization and effective use of domestic resources Efficient Tax Administration Efficient Public Financial Management Systems Effective Service Delivery Accountability and Good Governance

Goals and Targets – Goal 16 - SAIs  Significantly reduce all forms of violence and related death rates everywhere  End abuse, exploitation, trafficking and all forms of violence against and torture of children  By 2030, provide legal identity for all, including birth registration  Promote the rule of law at the national and international levels and ensure equal access to justice for all  By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime  Substantially reduce corruption and bribery in all their forms  Develop effective, accountable and transparent institutions at all levels of development  Ensure responsive, inclusive, participatory and representative decision-making at all levels  Broaden and strengthen the participation of developing countries in the institutions of global governance  Ensure public access to information and protect fundamental freedoms, in accordance with national legislation and international agreements  Strengthen relevant national institutions, including through international cooperation, for building capacity at all levels, in particular in developing countries, to prevent violence and combat terrorism and crime  Promote and enforce non-discriminatory laws and policies for sustainable  Significantly reduce all forms of violence and related death rates everywhere  End abuse, exploitation, trafficking and all forms of violence against and torture of children  By 2030, provide legal identity for all, including birth registration  Promote the rule of law at the national and international levels and ensure equal access to justice for all  By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime  Substantially reduce corruption and bribery in all their forms  Develop effective, accountable and transparent institutions at all levels of development  Ensure responsive, inclusive, participatory and representative decision-making at all levels  Broaden and strengthen the participation of developing countries in the institutions of global governance  Ensure public access to information and protect fundamental freedoms, in accordance with national legislation and international agreements  Strengthen relevant national institutions, including through international cooperation, for building capacity at all levels, in particular in developing countries, to prevent violence and combat terrorism and crime  Promote and enforce non-discriminatory laws and policies for sustainable

Achieving SDGs – Role of SAIs (Goal 16)  Carry out independent audits to ensure government & public sector entities are held accountability for their stewardship & use of public resources to promote effective sustainable development  Respond to financial integrity risks, fraud and corruption  Engage and communicate clearly and openly audit findings to promote improvements, transparency, and public accountability  Contribute to good governance Help ensure every $ is used efficiently & effectively to finance development & the achievement of SDGs

SDGs: SAIs – Model Accountability Institutions SDG #16 Targets Ensure public access to information Develop effective, accountable and transparent institutions at all levels Transparency and Public Access to Information Least likely document to be available in the public domain is the audit report – 37% of countries in the 2012 Open Budget Survey do not make audit reports public 15% of SAIs (27) responding to the 2014 INTOSAI Global Stocktaking Survey indicated they did not publish any audit reports in the previous year SAI GOAL and TARGETS Transparency - 95% of SAIs make their audit reports available and accessible to the public Relevance – Audit reports published within 6 months of completion

SAIs Capacity – A Major Concern Building SAI Capacity PEFA& other diagnostics consistently reveal the need for strengthening SAIs in many countries 2010 SAI Stocktaking Report (covered over 200 SAIs globally & eight INTOSAI regions) identified >1000 activities funding requirements of US$269m mainly from SAIs 2014 Global Survey showed 67% of SAIs (out of 177 SAIs) consider their capacity development needs to be high or medium priority

SDGS – Role of SAIs - Expectations Develop SAI audit capacity for effective & efficient public auditing in all countries Add value through auditing country programs and monitoring efforts for meeting the SDGs Within the context of the SAI’s mandate, skills/expertise and capacity Promoting public accountability and transparency SAIs will be models of transparency and accountability SAIs will continue to increase their independent public auditing effectiveness Help ensure public resources are properly used, with efficiency and effectiveness, for the benefit of citizens & contribute to make “Trillions from Billions” to provide financing for the SDGs

Thank You