2. Financing the post-2015 Sustainable Development Goals: a Rough Road-Map Andrew Rogerson Senior Research Associate 13 th November 2014

3. Finance flows and development goals 3 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap

4. The Missing Middle: International flows fall faster than tax revenues rise 4 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap”

5. Top-line recommendations 5 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap Prioritise grant assistance to the least creditworthy, lowest fiscal capacity and most vulnerable countries. Within these countries, crowd in private actors via rule-of-law support and partnerships. Mobilise much more market-related public finance and encourage leverage of private finance in specific thematic areas. Finance international public assistance for mitigation mainly on market-related terms, to minimise allocation distortions. Target adaptation aid on LDCs/SIDS

6. ODI is the UK’s leading independent think tank on international development and humanitarian issues. We aim to inspire and inform policy and practice to reduce poverty by locking together high-quality applied research and practical policy advice. The views presented here are those of the speaker, and do not necessarily represent the views of ODI or our partners. Overseas Development Institute 203 Blackfriars Road, London, SE1 8NJ T: +44 207 9220 300 www.odi.org.uk a.rogerson@odi.org.uk

7. Market Aid Index 7 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap

9. Other Recommendations (1) 9 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap” TopicRecommendation 1.Boost market-related lending by MDBs A.Review demand for non-concessional MDB financing B.Leverage receivables of concessional windows C.Smoothen graduation to market-related funding D.Improve competitiveness of MDB delivery 2.Boost access to market-related public finance more generally A.Agree on a new international indicator for “official finance” (OF) B.Set a new international target for OF

10. Other Recommendations (2) 10 Kharas, Prizzon and Rogerson, 2014 forthcoming "Financing the post-2015 SDG: a Rough Roadmap TopicRecommendation 3.Incentivize private finance and align it with development objectives A.Establish basic metrics for private finance for development (PFFD) B.Recognise undisbursed official guarantees and other contingent finance 4.Minimize allocation distortions inherent in public climate mitigation finance A.Finance mitigation mainly on market- related loan terms, with grants reserved for demonstration programmes in less creditworthy countries B.Establish a target of 50% for the share of concessional assistance for adaptation going to LDCs and SIDS