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Financing for Development

Lack of fiscal space and the risk of sovereign debt distress remain key stumbling blocks to achieving Sustainable Development Goals (SDGs) in developing countries. Because the allocation of concessional funds and debt relief is essentially reserved to Low Income countries (LICs), official financing strategies and mechanisms to support developing countries provide insufficient support to non-LICs that may need and deserve special consideration concerning official financing. This paper discusses how official financial support allocation could consider countries’ vulnerabilities in critical dimensions, with special reference to Small Island Developing States (SIDS). It explores how a…

Sustainable Development

Research suggests that achieving the Sustainable Development Goals (SDGs) can open up market opportunities worth USD 12 trillion in the four largest sectors that represent 60 per cent of real economy – food and agriculture; cities; energy and materials; and health and well-being. While the concept of the SDGs creating a win-win situation for all is growing increasingly trendy, further evidence needs to be accumulated to better chart the important discourse on the private sector’s engagement with the SDGs. To this end, this paper aims to shed light on three questions: (i) How is the private sector currently engaging with the SGDs in these sectors?; (ii) What are the key areas of…