An Integrated National Financial Framework (INFF) is a planning and monitoring instrument that helps countries to finance and implement their sustainable development strategy towards achieving the SDGs. INFFs are not specifically designed for the water sector, though they can significantly help in realising SDG 6 on “ensuring access to water and sanitation for all”. This Tool discusses what are INFFs, the methodological steps towards developing INFFs, its opportunities, challenges, and recommendations, in addition to its prospects in terms of leveraging more investments towards water.
As part of the commitments agreed upon at the Third International Conference on Financing for Development in 2015, better known as the Addis Ababa Action Agenda, the United Nations established the Interagency Task Force on Financing for Development (which comprises over 60 United Nations agencies, programmes and offices, regional economic commissions and other relevant international institutions) to recommend actions related to financing the Sustainable Development Goals Agenda 2030. One of its most important initiatives is the Integrated National Financing Frameworks (INFFs) which contributes to implement the Addis Agenda at the national level.
Formally, an INFF is a planning and monitoring framework that helps countries to finance and implement their sustainable development strategy in relation to the Sustainable Development Goals Agenda 2030. INFFs look at both financing sources and non-financial means of implementation that are available to countries and lay out a financing strategy with the goal to raise resources, manage risks, and achieve sustainable development priorities. It is used as a mechanism to identify and implement policies in line with sustainable development. (UN- IATFFD, 2019).
It is important to highlight that INFFs do not replace a country sustainable development strategy nor its national development plan, however. These instruments indicate what development goals should be achieved. The INFF indicates how we get them done with a particular focus on financing. Put simply, INFF is “a financing strategy that promotes upward coherence by aligning financing policies with the national sustainable development strategy” (UN – IATFFD, 2019, 12).