The Road to the SDGs

PURPOSE X The overall objective of the SPRP is to support the efforts of MCs in preventing, containing, mitigating and recovering from the impact of the COVID-19 pandemic. X Given the massive disruptions caused by the pandemic, recovery requires diligent processes that integrate short-, medium- and long-term measures among disparate parties, leveraging the help of partners worldwide. X IsDB launched the SPRP with this premise, providing financial support aligned with short-, medium- and long-term needs and bolstered with the promise of technology, which underlies the design of all IsDB’s interventions. The programme targeted the following needs: – Partnerships in resource mobilisation and delivery – Innovation in financing structures – Fast-track processes and action. METHOD X The programme adopts a ‘Respond, Restore and Restart (3-R)’ approach, holistically addressing MCs’ emergency, short-term and medium-term needs. X Respond : This track delivers emergency support aimed at: – Strengthening health systems to provide care to the infected – Building capacity in production of testing kits and vaccines – Building pandemic preparedness capacity, in cooperation with the G20 Global Initiative. X Restore : This track delivers medium- term actions through financing for trade and SMEs: – To sustain activity in core strategic value chains – To ensure continuity of supplies for the health and food sectors, and for other essential commodities. X Restart : This track delivers long-term action to build resilient economies on solid foundations and catalyse private investment by supporting economic recovery and countercyclical spending, which aligns with the IsDB business model of leveraging US$ 10 billion that aims to unlock US$ 1 trillion worth of investments. X A Strategic Resource Allocation Model and an associated Country Needs Assessment Framework were developed to prioritise support to MCs. X To accelerate the support to MCs, IsDB has adopted innovative, accelerated COVID-19 Strategic Preparedness and Response Programme F rom the onset of the COVID-19 pandemic, IsDB has mobilised and worked synergistically to respond to the calls for support from its MCs The Strategic Preparedness and Response Programme (SPRP) was developed as part of this process Collaboration with UN Agencies involves 24 agreements amounting to US$124.45 million, of which 17 have been signed for US$112.57 million. To date, a total of US$74.30 million has been disbursed under these agreements [ 120 ] SDGs