Social protection is crucial to build resilience and empower people in tough economic times. It can also spur inclusive growth and productivity in good times if adequate public financing is provided throughout the economic cycle. This event discussed concrete experiences and options to finance fiscally sustainable social protection systems, including floors, in prosperous and adverse economic times.
The side event took place in the framework of the second ECOSOC Forum on Financing for Development follow-up convened by the President of ECOSOC from 22 to 25 May 2017 at the United Nations Headquarters in New York.
The event was organized by the Federal Ministry for Economic Cooperation and Development, Germany; the Permanent Mission of Argentina to the United Nations; Brot für die Welt and SocDevJustice on behalf of Global Coalition for Social Protection Floors (GCSPF); and the International Labour Organization (ILO).
See the flyer here.
Over 200 civil society organizations and trade unions unite to call for a Global Fund for Social Protection to protect the most vulnerable during COVID-19 and beyond.
The programme Improving Synergies Between Social Protection and Public Finance Management provides medium-term support to multiple countries aiming to strengthen their social protection systems at a national level and ensure sustainable financing. The programme aims to support countries in their efforts towards achieving universal social protection coverage.
This initiative is implemented jointly by the ILO, Unicef, and the GCSPF.