UNSC54 side-event: new SDG indicator and framework to measure South-South cooperation with data of the South

This side-event will update heads of National statistical offices (NSOs) and other participants of the 54th session of the United Nations Statistical Commission (UNSC) on progress and challenges regarding the measurement of South-South Cooperation (SSC), as part of the new Sustainable Development Goals (SDG) indicator 17.3.1 on ‘additional financial resources mobilized for developing countries from multiple sources’ and its methodology adopted by the UNSC in March 2022.

Thanks to the joint efforts of the South, now for the first time there is a global, voluntary Conceptual Framework to Measure South-South Cooperation. The framework supports national efforts of interested countries to measure both financial and in-kind South-South cooperation flows and inform the SDG indicator with comparable data.

UNCTAD is organizing this side-event as part of its role to coordinate future testing and refinement of the framework, and global reporting and capacity building based on it. The work will be carried out under the leadership of Southern countries relying on country-owned mechanisms.