Accelerating Investments in Decent Jobs and Social Protection for Sustainable Finance and Social Returns
Accelerating Investments in Decent Jobs and Social Protection for Sustainable Finance and Social Returns
The Technical Support Facility of the Global Accelerator is organizing a side event during the Second Preparatory Committee Session of the Fourth International Conference on Financing for Development (FfD4) to support discussions on advancing strategic investments in employment creation and social protection systems, which are essential for fostering sustainable and inclusive development.
The event, titled "Accelerating Investments in Decent Jobs and Social Protection for Sustainable Finance and Social Returns” will be a platform for an interactive dialogue, gathering representatives from Member States, public development banks, social partners, international organizations, and UN agencies to explore practical solutions for sustainable financing to create more and better jobs, expand social protection.
The side event will highlight integrated financing strategies to accelerate investments in sectors, programmes and policies which bring strong social returns to leave no one behind. These include the approach promoted by the Global Accelerator, which encourages countries to (i) assess their social protection and jobs expenditures, including benchmarking against international standards, and improve public finance management, (ii) assess public revenue streams, including expanding the tax base through formalisation of employment, (iii) promote investments with a social impact, in particular SDG-aligned public and private investments, and (iv) orienting the macroeconomic policy framework towards inclusive, job-rich growth and towards increasing fiscal space for jobs and social protection. It will therefore be an opportunity to discuss the benefits of adopting a three-pronged approach of multilateral cooperation, integrated employment and social protection policies, and increased and coordinated investments in decent jobs, social protection, and the care economy.
The side event will take place on Wednesday, 4 December, from 10:00 to 11:30 EST in a hybrid format.
To join online, please register here.
For more details please view the flyer of the event here.