Triangular Collaboration: Strengthening Financing For Sustainable Development Goals
Abstract
The achievement of the Sustainable Development Goals (SDGs) is imperative for global sustainability, necessitating innovative financing strategies that leverage collaboration among government entities, the private sector, and philanthropic organizations. This research explores the framework of triangular collaboration as a means to enhance funding for SDGs, addressing the complex financial landscape that currently hampers effective implementation. Utilizing a qualitative approach, the study conducts in-depth analyses of existing partnerships through multiple case studies to identify best practices and challenges in mobilizing diverse funding sources. The findings reveal that multi-stakeholder engagement fosters synergies, increases resource allocation efficiency, and drives sustainable development. Furthermore, the research highlights critical policy implications, suggesting that coherent governance frameworks and incentives can optimize collaboration among stakeholders. Recommendations include developing tailored funding models that leverage the strengths of each partner. Ultimately, this research contributes to a nuanced understanding of how triangular partnerships can be effectively utilized to address the financing needs of the SDGs while recognizing inherent limitations and challenges in these collaborations.
Keywords
Full Text:
PDFReferences
Anjanappa, J. (2022). A Structured Framework to Enhance Collaboration for Scalable Adaptation Finance Solutions in Developing Countries. file:///C:/Users/USER/Downloads/ssrn-5008723.pdf
Ansell, C., & Gash, A. (2008). Collaborative governance in theory and practice. Journal of Public Administration Research and Theory, 18(4), 543–571. https://doi.org/10.1093/jopart/mum032
Clark, R., Reed, J., & Sunderland, T. (2018). Bridging funding gaps for climate and sustainable development: Pitfalls, progress and potential of private finance. Land Use Policy, 71, 335–346. https://doi.org/10.1016/j.landusepol.2017.12.013
Cui, C., Liu, Y., Hope, A., & Wang, J. (2018). Review of studies on the public–private partnerships (PPP) for infrastructure projects. International Journal of Project Management, 36(5), 773–794. https://doi.org/10.1016/j.ijproman.2018.03.004
Dai, J., & Menhas, R. (2020). Sustainable development goals, sports and physical activity: the localization of health-related sustainable development goals through sports in China: a narrative …. Risk Management and Healthcare Policy.
Dooley, T. Y. and K. (2014). Buyer-Supplier Collaboration Quality in New Product Development Projects. Procedia Manufacturing, 1(22 Jan), 1–17. file:///C:/Users/USER/Downloads/ssrn-2298219.pdf
Fallman, D. (2008). The interaction design research triangle of design practice, design studies, and design exploration. Design Issues, 24(3), 4–18. https://doi.org/10.1162/desi.2008.24.3.4
Gusmão Caiado, R. G., Leal Filho, W., Quelhas, O. L. G., Luiz de Mattos Nascimento, D., & Ávila, L. V. (2018). A literature-based review on potentials and constraints in the implementation of the sustainable development goals. Journal of Cleaner Production, 198, 1276–1288. https://doi.org/10.1016/j.jclepro.2018.07.102
Jagosh, J., Bush, P. L., Salsberg, J., Macaulay, A. C., Greenhalgh, T., Wong, G., Cargo, M., Green, L. W., Herbert, C. P., & Pluye, P. (2015). A realist evaluation of community-based participatory research: partnership synergy, trust building and related ripple effects. BMC Public Health, 15(1), 725. https://doi.org/10.1186/s12889-015-1949-1
Kirana, C. A. D., & Artisa, R. A. (2020). Pengembangan Desa Wisata Berbasis Collaborative Governance di Kota Batu. Kolaborasi : Jurnal Administrasi Publik, 6(1), 68–84. https://doi.org/10.26618/kjap.v6i1.3119
Kroll, C., Warchold, A., & Pradhan, P. (2019). Sustainable Development Goals (SDGs): Are we successful in turning trade-offs into synergies? In Palgrave Communications. nature.com.
Kusters, K., Buck, L., de Graaf, M., Minang, P., van Oosten, C., & Zagt,
R. (2018). Participatory Planning, Monitoring and Evaluation of Multi-Stakeholder Platforms in Integrated Landscape Initiatives. Environmental Management, 62(1), 170–181. https://doi.org/10.1007/s00267-017-0847-y
Lajis, S. M. (2017). Risk-Sharing Securities : Accelerating Finance for SMEs. Islamic Economic Studies, 25(2), 35–55. https://doi.org/10.12816/0038221
Mumtaz Soraya Nasution. (2023). The Synergy of the Development Planning Regulatory Framework with the National Legislation Program. The Journal of Indonesia Sustainable Development Planning, 4(1), 69–85. https://doi.org/10.46456/jisdep.v4i1.369
Rangan, S., Samii, R., & Van Wassenhove, L. N. (2006). Constructive partnerships: When alliances between private firms and public actors can enable creative strategies. Academy of Management Review, 31(3), 738–751. https://doi.org/10.5465/AMR.2006.21318928
Romdhane, R., Khefacha, I., & Haj, H. (2021). Sustainable Development Goals (SDGs) Contribution to Entrepreneurial Intention: The Need for Innovative Reflexions. In … Conference on Digital …. hal.archives-ouvertes.fr.
Rusliadi, R., Widianingsih, I., & Buchari, R. A. (2023). Public-Private Partnership in the Implementation of Non-Cash Food Assistance Programs in Addressing Poverty , Stunting , and Economic Growth in Takalar Regency , Indonesia. Preprints.Org, April, 1–20. https://doi.org/10.20944/preprints202304.0740.v1
Siqueira, M., Coube, M., Millett, C., Rocha, R., & Hone, T. (2021). The impacts of health systems financing fragmentation in low- and middle-income countries: a systematic review protocol. Systematic Reviews, 10(1), 1–8. https://doi.org/10.1186/s13643-021-01714-5
Yodha, A. (2018). Sustainable development in Indonesia : holistic assessments and pathways. 2009, 73. https://dspace.mit.edu/handle/1721.1/118620
DOI: https://doi.org/10.26618/kjgs.v4i2.16844
Refbacks
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.