TERMS OF REFERENCE FOR A CONSULTANT
It is exactly five years since the Addis Ababa Action Agenda (AAAA) set out a global framework for financing development in the era of the Sustainable Development Goals (SDGs). The AAAA outcome document of 2015 outlined a broad spectrum of financing options: domestic and international, public and private. This was a shift from the focus of the Millennium Development Goals, which, at least initially, focused on official development assistance (ODA) in financing development.
Of all the financial resource types identified, domestic public resources were identified as central. Domestic revenue mobilization (DRM) strengthens country ownership of development. By raising revenue and choosing how to spend it, governments (national or subnational) can directly shape development in their own contexts. In addition, the AAAA emphasis that, whether through economic growth or by strengthening DRM, there is potential to increase domestic public resources significantly to finance the SDGs. International assistance could support this, as could strengthened policy coherence for development (PCD).