Implementation of Goal 17 will allow finance to:
- increase in mobilization of domestic resources, through international support to developing countries, to improve national capacity to collect taxes and other revenues;
- help developing countries achieve long-term debt repayment capacity through coordinated policies aimed at supporting debt financing, debt reduction, and debt restructuring, in line with national conditions; address the external debt of poor, highly indebted countries to reduce debt crises;
- implement investment promotion systems for least developed countries;
- strengthen North-South and South-South cooperation as well as trilateral, regional, and international cooperation in the field of access to science, technology, and innovation;
- increase international support for implementing effective and targeted capacity building to support national plans to implement all Sustainable Development Goals in developing countries.
- In relation to trade, it will allow to:
- promote a universal, rules-based, open, non-discriminatory, and fair multilateral trading system;
- enhance global macroeconomic stability, including through policy coordination and coherence;
- strengthen global partnerships for sustainable development, complemented by multilateral partnerships that mobilize, and share knowledge, competencies, technology, and financial resources;
- increase support for capacity building in developing and small island countries to significantly increase access to timely, reliable, and good quality data, disaggregated by income, gender, age, race, ethnicity, migration status, disability, geography, and other characteristics adapted to the national context.
Source: https://www.un.org.pl/cel17
