OECD Praises VEB.RF’s Contribution Towards UN SDGs of City Development

13 february 2020 года
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The Organisation for Economic Co-operation and Development (OECD) has praised VEB.RF’s contribution to the development of a new system measuring the quality of city development in pursuit of the UN Sustainable Development Goals (SDGs). Headed by VEB.RF’s Deputy Chairman Vyacheslav Shulenin, a team of VEB.RF and Russia-OECD Center RANEPA accomplished in the spring of 2019 the goal of having Moscow included as one of the nine pilot cities and regions in the OECD’s large-scale project to assess how cities and regions use the SDGs to formulate and implement their development policies. The Russian capital’s participation in the project not only will help to strengthen cooperation between Russia and the OECD, but also will provide metrics on the attainment of the SDG, enabling qualitatively new indicators to be used to benchmark Moscow against its peers in other countries.

The OECD launched an online tool with more than 60 indicators to measure the distance towards the SDGs in regions and cities of OECD counties. Moscow will also be covered by the OECD tool.

According to the OECD report A Territorial Approach to the Sustainable Development Goals (the first results of this project were published on 10 February 2020), the City Index developed jointly by the Ministry of Economic Development of the Russian Federation, the Federal Service for State Statistics of the Russian Federation and VEB.RF makes it possible to use the OECD’s international indicators to measure how Russian cities work towards a better quality of life and the SDGs.

The Organisation for Economic Co-operation and Development (OECD) is an international economic organisation of developed countries that accept the principles of representative democracy and free-market economy. The OECD works to resolve socio-economic and managerial problems arising out of globalisation and explores the opportunities offered by globalisation.

The UN Sustainable Development Goals (SDGs) are a collection of 17 goals designed for all countries that strive for economic, social and environmental prosperity. The SDGs were adopted by world leaders in 2015 to implement the principles of sustainability, zero poverty and environmental protection.


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