FINANCING THE RECOVERY

Page 42

TABLE 2. UNDP COVID-19 budget utilization, 2020 and 2021, as of November 2021 (In millions of United States dollars)

2020

2021

Total

%

Health systems support

361

370

731

44

Inclusive integrated crisis management

125

291

416

25

Social protection

61

115

176

11

Digital disruption

39

73

112

7

Governance

38

64

102

6

Socioeconomic impact assessments

26

53

79

5

Green economy

25

15

40

2

675

981

1,656

100

Source: UNDP COVID-19 Monitoring Dashboard

Finding 3. UNDP support to the health sector was central to the initial pandemic response in many countries and was well aligned with government-led responses. In the initial months of the pandemic, Governments of programme countries were responding to an unfolding crisis in health systems. UNDP supported this response through activities ranging from procurement support to the delivery of PPE, ventilators and other medical support. UNDP has shown itself to have robust procurement services in health, through the Global Fund to Fight AIDS, Tuberculosis and Malaria, as well as the ability to respond quickly to crisis needs.77 The country studies undertaken for the evaluation capture the scale of the crisis in which UNDP was operating. In Peru, a country severely hit by the pandemic, UNDP initially supported purchasing of PPE for indigenous communities and then collaborated with WHO and the Municipality of Lima to produce PPE for front-line workers made by a local company from recycled plastics, among other support.78 In Bangladesh, also severely hit by the pandemic, UNDP provided COVID-19 awareness materials and PPE supplies and supported the establishment of medical helplines. The Partnership for a Tolerant, Inclusive Bangladesh adjusted social media tools originally developed to fight violent extremism, to curb COVID-19 disinformation. In Armenia, existing disaster risk reduction partnerships shifted focus to COVID-19 preparedness and response and partnerships with youth groups helped to counter the spread of COVID-19 misinformation. Spending across the four tipping points outlined in Beyond Recovery – governance, social protection, the green economy and digital disruption – accounts for a small proportion of overall fund utilization. In 2020 and 2021, health system support accounted for 44 percent of fund utilization, followed by inclusive and integrated crisis management (25 percent), social protection (11 percent), digital disruption and innovation (7 percent), governance (6 percent) and the green economy (2 percent).79 A shift to a more developmental approach to recovery has yet to be seen. The green economy, governance and

77 78 79

UNDP IEO, 2020, Reflection, Lesson from Evaluations: UNDP Support to the Health Sector. https://www.pe.undp.org/content/peru/es/home/presscenter/articles/2021/nuevos-cascos-de-vida-para-la-primera-linea.html UNDP COVID-19 Monitoring Dashboard, 17 November 2021.

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7.2 Recommendations and management response

25min
pages 100-112

7.1 Conclusions

13min
pages 95-99

5.5 International public finance and private capital tools

23min
pages 86-94

Box 8. The SDG investor mapping process in Rwanda

2min
page 85

Box 7. ESG standard-setting agencies

7min
pages 82-84

Box 6. An illustration of the management approach for bond issuers

2min
page 81

Box 3. The Benin SDG bond

4min
pages 64-65

Box 4. The example of the Armenian Government’s Budget Circular for 2020

11min
pages 75-78

5.3 Domestic resource mobilization

8min
pages 72-74

Box 5. Tax Inspectors without Borders in Uganda

2min
page 79

5.4 Private capital attraction tools

2min
page 80

5.1 The SDG financing strategy and implementation architecture

10min
pages 66-69

4.7 Sustainability bonds demonstrate the potential for SDG-related financing

5min
pages 62-63

Table 2. UNDP COVID-19 budget utilization, 2020 and 2021, as of November 2021

4min
pages 42-43

Figure 10. Countries spending more on debt servicing than health in 2021

1min
page 52

4.5 International public finance – aid and multilateral institutions

8min
pages 58-60

4.3 Aligning finance with SDG purpose

6min
pages 55-56

Figure 9. The effect of the COVID-19 pandemic on fiscal and gross domestic product forecasts

2min
page 51

4.4 Domestic resource mobilization and public spending

2min
page 57

Box 2. The experience of Armenia in developing its socioeconomic impact assessment

7min
pages 46-48

Figure 4. The UNDP COVID-19 response in 2020

4min
pages 39-40
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