Bangladesh ensures ‘sustainable financing’, reports UNDESA

As released on November 5, the UNDESA (United Nations Department of Economic and Social Affairs) in its 132 pages report for 2020-21, highlighted Bangladesh’s progress through ‘ensuring sustainable financing.’ 

In page 37 of the report describes that, “A pilot project to introduce and implement sustainable, forward-looking infrastructure asset management in municipalities across Bangladesh, Nepal, Tanzania and Uganda yielded a still-growing body of knowledge and tools.” At the same, it also published an exclusive greeting exchanging picture of PM Sheikh Hasina and UN Secretary General António Guterres there.

Basically Bangladesh expressed its interest to participate at the Voluntary National Review (VNR) in 2020 High-Level Political Forum (HLPF) on April 17, 2019 as per the UN General Assembly resolution 70/1 where it shared the implementation aspects towards 2030 Agenda and subsequently succeeded to graduate from the Least Developed Countries (LDC).

Thus, efforts to close infrastructure investment gaps rarely factor in the financial costs, human skills and material resources needed to manage a wide portfolio of critical infrastructure assets over their entire life cycles.

To read the full report, click here: UNDESA_Report_2020-2021