Halfway to the 2030 Agenda deadline, progress on the Sustainable Development Goals (SDGs) – the world’s roadmap out of crises – is not where it needs to be. The “great finance divide” continues to proliferate, leaving the Global South more susceptible to shocks. Developing countries don’t have the resources they urgently need to invest in recovery, climate action and the SDGs, making them poised to fall even further behind when the next crisis strikes – and even less likely to benefit from future transitions, including the green transition.
The UN Secretary-General called for a significant increase to the tune of $500 billion each year in extra financing from the world’s most developed nations, to meet the crucial 2030 Agenda for Sustainable Development.
Read more at https://news.un.org/en/story/2023/02/1133637
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