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Evaluation of funding tools to support Tunisia’s SDGs

  • Focus Area:

    Human Development
    Social sectors financing

  • Client:

    UNDP

  • Countries:

    Tunisia

  • Date:

    2022 - 2023

  • Project name:

    Landscape Analysis of Innovative Tools for Financing Development

Genesis Analytics and the United Nations Development Programme (UNDP) have joined forces to support Tunisia in securing financing for its Sustainable Development Goals (SDGs). This collaboration aims to evaluate existing financing tools and propose actionable recommendations for new ones, drawing on international experiences.

In Tunisia, a convergence of political, economic and environmental shocks has intensified vulnerabilities, hindering the government's pursuit of sustainable development. The adverse impacts of climate change, including rising temperatures and dwindling precipitation, threaten agricultural productivity and overall economic stability. Compounded by economic slowdown, high unemployment rates, inflation and soaring public debt, Tunisia faces a formidable task in achieving its SDGs.

To meet its development goals in the challenging context, Tunisia requires substantial and sustainable funding, as highlighted by the National Determined Contribution, which estimates a need of $19.4 billion to implement mitigation and adaptation actions for climate change. Moreover, reliance solely on the public sector for financing SDGs is inadequate.

The Genesis-UNDP collaboration seeks to address Tunisia’s unique context, legislative framework and regulatory environment. The goal is to support Tunisia in financing its development goals sustainably.

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