Achieving the global Sustainable Development Goals (SDGs) will cost a lot more than $132 billion per year – the total amount of official development assistance currently on offer. To bridge the financing gap, the private sector – with the help of updated financial markets – will have to step up.
WASHINGTON, DC – Achieving the ambitious global Sustainable Development Goals (SDGs) – which include ending poverty, improving global health, ensuring universal education, and mitigating climate change by 2030 – will cost a lot of money. The total will be far more than governments can make available, and the gap cannot be closed by official development assistance, now at $132 billion per year. The private sector, as well as updated financial markets, will be essential.
WASHINGTON, DC – Achieving the ambitious global Sustainable Development Goals (SDGs) – which include ending poverty, improving global health, ensuring universal education, and mitigating climate change by 2030 – will cost a lot of money. The total will be far more than governments can make available, and the gap cannot be closed by official development assistance, now at $132 billion per year. The private sector, as well as updated financial markets, will be essential.