Author: LMD International

Almost a decade has passed since countries committed to the 2030 Agenda for Sustainable Development. In 2017, the United Nations first assessed the financing gap – the difference between the estimated financial requirements for achieving the SDGs and the available funding – and estimated that emerging and developing countries would need an additional $2.5 trillion annually to meet the goals. Unfortunately, nearly 10 years later, the global financial architecture has failed to deliver the needed investments. The financing gap has now evolved into the “great financial divide,” with the shortfall increasing to $4.2 trillion. This shortfall is exacerbated by the growing needs of…

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