UNODC and UNCTAD will brief member States and other stakeholders on their efforts to support Member States in achieving SDG target 16.4 on Illicit Financial Flows: "By 2030, significantly reduce illicit financial and arms flows.". UNODC and UNCTAD have been tasked by the Inter-Agency and Expert Group on SDG Indicators (IAEG-SDGs) as co-custodians of SDG indicator 16.4.1: "Total value of inward and outward illicit financial flows (in current United States dollars)," which is part of the global indicator framework for the SDGs adopted by the General Assembly on 6 July 2017 (A/RES/71/313). GA Resolution A/RES/72/207 thus "notes the ongoing efforts of the United Nations Office on Drugs and Crime, in coordination with the United Nations Conference on Trade and Development and other institutions, to develop a methodology to produce estimates of the total value of inward and outward illicit financial flows."
UNODC and UNCTAD will use this briefing to update member States and other stakeholders on the work conducted so far on developing a preliminary approach towards an internationally agreed statistical framework for the measurement of illicit financial flows (IFFs) at the country level; including highlights from the Expert Consultation on the SDG indicator held last December in Vienna, with the kind support of the UNODC-INEGI Center of Excellence on Statistics on Governance, Public Safety, Victimization and Justice, Mexico City.
All are invited to attend the briefing, which will be followed by comments and questions from the
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