Understanding the Cost of Achieving the Sustainable Development Goals
This paper presents a review of studies that estimate the cost of achieving the Sustainable Development Goals. Although the Sustainable Development Goals provide useful benchmarks for fiscal authorities and donors, typical cross-country costing exe...
Main Authors: | , |
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Format: | Working Paper |
Language: | English |
Published: |
World Bank, Washington, DC
2020
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/744701582827333101/Understanding-the-Cost-of-Achieving-the-Sustainable-Development-Goals http://hdl.handle.net/10986/33407 |
Summary: | This paper presents a review of studies
that estimate the cost of achieving the Sustainable
Development Goals. Although the Sustainable Development
Goals provide useful benchmarks for fiscal authorities and
donors, typical cross-country costing exercises can be
misleading, for a variety of reasons: double counting,
sensitivity to underlying assumptions, downplaying the
critical role of policy and institutions in advancing toward
the goals, failure to discount costs or consider operation
and maintenance costs in a consistent manner, and
overlooking the tendency for different types of Sustainable
Development Goal–related spending to have distinct effects.
Recent costing studies by the World Bank Group have been
developed to minimize the drawbacks of earlier studies. The
paper also briefly reviews how the World Bank Group engages
with stakeholders on the Sustainable Development Goals agenda. |
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