Financing for Development

National SDG Costing Framework
SDG Interlinkages

SDG Financing Gap
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National SDG Costing

Step-1

Scope and map national sustainable development goals based on targets and thresholds identified through national 2030 Visions, sectoral plans, strategies, and macroeconomic frameworks.

Step-2

Screen, assess and build on different methods and tools advanced by United Nations custodian agencies and international financial institutions to cost the SDGs at the national level.

Step-3

Estimate the cost associated with achieving priority goals and targets by measuring the distance between projected trajectories and ideal SDG performance scenario.

Step-4

Optimize cost by factoring the efficiency gains rendered by sequencing and maximizing policy interventions to account for SDG interlinkages.

National SDG Costing Process:

National Estimates
SDG Custodians (UNICEF, WHO, UNESCO, FAO, UNCTAD, UNODC)
ESCWA Estimates
International Financial Institutions (World Bank, IMF)
International Cooperation Agencies (G20 initiative)
Intergovernmental Regional Organizations (LAS, IRENA)
Think Tanks (Brookings, ODI etc.)
Specialized Institutions (Lancet, KPMG etc.)

Oman's sectoral plans, strategies, and frameworks:

Vision Oman 2040
The Tenth Five Year Development Plan 2021-2025
The National Innovation Strategy
The National Strategy for Education 2040
First Voluntary National Review of The Sultanate of Oman 2019
Oman National Strategy Framework for ICT Sector
"Manufacturing for Wellbeing": The Sultanate of Oman’s Manufacturing Strategy 2040
Sustainable Agriculture and Rural Development Strategy towards 2040 - SARDS 2040
The Ninth Five-Year Development Plan (2016 - 2020)
Fisheries and Aquaculture Vision 2040
National Energy Strategy Study for Oman
Oman Tourism Strategy
Oman Economic Vision 2020
Health Vision 2050
The First Nationally Determined Contribution (NDC) of the Sultanate of Oman
The Second Nationally Determined Contribution (NDC) of the Sultanate of Oman

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SDG 1

SDG 1: No Poverty

SDG 2

SDG 2: Zero Hunger

SDG 3

SDG 3: Good Health and well-being

SDG 4

SDG 4: Quality Education

SDG 5

SDG 5: Gender Equality

SDG 6

SDG 6: Clean water and sanitation

SDG 7

SDG 7: Affordable and clean energy

SDG 8

SDG 8: Decent work and economic growth

SDG 9

SDG 9: Industry, innovation and infrastructure

SDG 10

SDG 10: Reduced inequalities

SDG 11

SDG 11: Sustainable cities and communities

SDG 12

SDG 12: Responsible consumption and production

SDG 13

SDG 13: Climate Action

SDG 14

SDG 14: Life below water

SDG 15

SDG 15: life on land

SDG 16

SDG 16: Peace, justice and strong institution

SDG 17

SDG 17: Partnership for the goal

Legend

‘Financing Gap’ is expressed in absolute money-metric terms and denotes the additional expenditures that need to be incurred to meet the desired target, irrespective of source or channel of financing.

‘Optimized Financing Gap’ rendered through an econometric analysis, and denotes the adjusted expenditure resulting from efficiency gains that could be reaped by optimizing SDG interlinkages.

‘Savings’ denote the difference between the financing gap cost and the optimized financing gap. It signifies the discounted or reduced expenditures requirements after accounting for SDG interlinkages.

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