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Carolina Sánchez-Páramo leads the World Bank Group’s Poverty and Equity Global Practice, which focuses, among other things, on SDG 1 (on poverty) and SDG 10 (on inequality). Over the phone from Washington, DC, she agrees with Espey’s views on financing for data. “The finance currently available for poverty and inequality data is not sufficient,” she says. “But it’s about pulling together the resources that already exist from countries themselves, from the World Bank Group and from other development partners. A lot of actors are trying to support initiatives. The message is not so much about the number we need to reach, but that putting together the number requires a collective approach. No single institution can cope with data’s financial agenda. But at the same time, to improve the sustainability of data systems, we’re calling for countries to invest more themselves.
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Governments really need to see data as an asset, because data-based policy-making works.” Perucci explains that the UNSD has established important links with the private sector which includes, for instance, a partnership with mapping and data analytics market leader ESRI. The partnership supports the federated system of national and global SDG data hubs, providing an innovative and efficient system to link open data sites to make SDG data accessible at the national and the global levels. Both Sánchez-Páramo and Espey recognize the important part the private sector must play in financing and providing data to governments, too. Members of Espey’s TReNDS initiative have before now brokered agreements between telecom companies – which often collect meteorological information via their mobile masts and towers, for example – and governments.
“Thankfully, we’re at the point where a lot of private sector companies see the value of sharing their data. They want to help government mitigate the impact of extreme weather, for instance, since if there is a flood and their masts are washed away, no one benefits.” Sánchez-Páramo explains that the World Bank Data Group is fostering this type of relationship across a number of data producers. “There’s still a lot of room for mapping out data from the private sector and bringing things together – a lot of learning to be done on both sides – but we already have some strong relationships in place,” she says.
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Carolina Sánchez-Páramo
PHOTO: World Bank Group
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