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The urgency of SDG financing is unquestionable, but impactful measures to bridge the finance gap have to be designed and implemented
With its G20 Presidency halfway through, India must push for increased engagement in the Indo-Pacific region to address the SDG financing gap
Financing is a critical factor in realising the targets of the United Nations Sustainable Development Goals (SDGs) by 2030. In the decade of action (2021-2030), the least developed countries (LDCs) will be the battleground where the SDGs could be either won or lost. This paper estimates the level of SDG spending required in the LDCs, measures the current levels of domestic resource mobilisation and foreign aid and capital received by these countr
This brief discusses one of the most crucial challenges to effective global governance for development: bridging the financing gap for the UN Sustainable Development Goals. It considers the role of the G20 in addressing this gap, and outlines a 10-point action plan for the grouping. The aim is to bolster the financing required to achieve the SDGs in the next six and a half years—serving as an update to the Addis Ababa Action Agenda of 2015 in l
India’s G20 Presidency has identified the mandate for the Finance Ministers and Central Bank Governors (FMCBG) as thus: “capacity building of the ecosystem for financing sustainable development.” The aim is to scale up efforts in mobilising large pools of global capital for sustainable projects, particularly in emerging and developing economies. Under the aegis of the Sustainable Finance Working Group (SFWG), the G20 proposes the developmen
