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Colombia

Financing the SDGs in Colombia

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Introduction

Three Views

Achieving the Sustainable Development Goals (SDGs) requires mobilizing resources from a variety of sources, including international partners, domestic budgets, foundations and philanthropy, as well as the private sector. Knowing where this money is going is key to helping policymakers make smarter choices and steer resources to priority areas. However, data on development financing rarely incorporate all of these sources.

To gain a more complete picture of SDG funding, AidData is launching a cutting-edge pilot in Colombia that will track, integrate, visualize and disseminate all-source financing for the SDGs, allowing decision makers to view progress on financing sustainable development from multiple angles. This project is a first step in total resource tracking for the SDGs and can be scaled up as more partners come on board and more sources of data are identified.

As a proof of concept, AidData has identified three key sources of data for Colombia:

View 1
Traditional and Emerging Donor Data

AidData tracks development financing from over 200 traditional and emerging donors in our core database. Between 2000 and 2013, these donors contributed $53 billion dollars to the SDGs in Colombia.

View 2
Data from Colombia’s Aid Information Management System (AIMS)

Colombia’s Aid Information Management System collects data from multiple donors, including bilateral and multilateral partners as well as foundations and NGOs. These data detail $696 million dollars for the SDGs from over 80 donors between 2003 to 2012.

View 3
Colombia’s National Budget Data

National budgets are a growing source of resources for the SDGs. In 2015, Colombia spent over $13 billion dollars on projects relevant to the SDGs.

Acknowledgements

AidData’s work on sustainable development data, including its efforts to develop a global reporting standard for total resource tracking for the SDGs, is made possible through the generous financial support of the William & Flora Hewlett Foundation. This work is also made possible by the College of William & Mary, where AidData is housed in the Institute for the Theory & Practice of International Relations.