Thursday
December 5
2019

Here’s How Countries Might Actually Reach the UN Sustainable Development Goals

By Nancy Lee

When most of the world adopted the 2030 UN Sustainable Development Goals (SDGs) four years ago, it was well understood that they came with an enormous price tag.

Policymakers knew that aid alone would never be able to meet the financing needs of development. But the SDGs were accompanied by the optimistic “billions to trillions” vision, in which many believed that an abundance of commercially-viable SDG-related investments were ready and waiting for trillions in profitable private investment—if only development finance institutions (DFIs) and others could clear away the obstacles that stood between those opportunities and private investors.

Photo courtesy of Isriya Paireepairit.

Source: Quartz (link opens in a new window)

Tags
development finance, foreign aid, global development, SDGs, Sustainable Development, UN, United Nations