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...

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Main Authors: Vorisek, Dana, Yu, Shu
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
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
id okr-10986-33407
recordtype oai_dc
spelling okr-10986-334072022-09-20T00:11:44Z Understanding the Cost of Achieving the Sustainable Development Goals Vorisek, Dana Yu, Shu ECONOMIC DEVELOPMENT SUSTAINABLE DEVELOPMENT GOALS DEVELOPMENT POLICY ADAPTATION TO CLIMATE CHANGE EQUITABLE GROWTH ACCESS TO ENERGY FRAGILE AND CONFLICT AFFECTED STATES CLIMATE CHANGE ACTION PLAN 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. 2020-03-04T14:20:48Z 2020-03-04T14:20:48Z 2020-02 Working Paper http://documents.worldbank.org/curated/en/744701582827333101/Understanding-the-Cost-of-Achieving-the-Sustainable-Development-Goals http://hdl.handle.net/10986/33407 English Policy Research Working Paper;No. 9164 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ECONOMIC DEVELOPMENT
SUSTAINABLE DEVELOPMENT GOALS
DEVELOPMENT POLICY
ADAPTATION TO CLIMATE CHANGE
EQUITABLE GROWTH
ACCESS TO ENERGY
FRAGILE AND CONFLICT AFFECTED STATES
CLIMATE CHANGE ACTION PLAN
spellingShingle ECONOMIC DEVELOPMENT
SUSTAINABLE DEVELOPMENT GOALS
DEVELOPMENT POLICY
ADAPTATION TO CLIMATE CHANGE
EQUITABLE GROWTH
ACCESS TO ENERGY
FRAGILE AND CONFLICT AFFECTED STATES
CLIMATE CHANGE ACTION PLAN
Vorisek, Dana
Yu, Shu
Understanding the Cost of Achieving the Sustainable Development Goals
relation Policy Research Working Paper;No. 9164
description 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.
format Working Paper
author Vorisek, Dana
Yu, Shu
author_facet Vorisek, Dana
Yu, Shu
author_sort Vorisek, Dana
title Understanding the Cost of Achieving the Sustainable Development Goals
title_short Understanding the Cost of Achieving the Sustainable Development Goals
title_full Understanding the Cost of Achieving the Sustainable Development Goals
title_fullStr Understanding the Cost of Achieving the Sustainable Development Goals
title_full_unstemmed Understanding the Cost of Achieving the Sustainable Development Goals
title_sort understanding the cost of achieving the sustainable development goals
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/744701582827333101/Understanding-the-Cost-of-Achieving-the-Sustainable-Development-Goals
http://hdl.handle.net/10986/33407
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