The financing gap for achieving the Sustainable Development Goals (SDGs) in emerging and developing countries has multiplied, requiring private sector involvement in addition to public funds. Developing economies face higher costs for renewable energy and sustainable projects due to macroeconomic risks and a high-risk environment. To mobilize more commercial capital, global leaders emphasize collaboration across the investment value chain, strategically deployed public funds to catalyze private investment and creating enabling environments for investments through reforms. 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…
Author: LMD International
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Sri Lanka’s new president has chosen his prime minister – selecting a woman for the third time in the country’s history. Anura Kumara Dissanayake named former university lecturer-turned-MP Harini Amarasuriya as prime minister on Tuesday – also giving her ministerial responsibility for justice, education and labour. Both are part of the left-leaning National People’s Power alliance, which has just three seats in Sri Lanka’s 225 seat parliament. BBC – September 24, 2024 The remaining interim cabinet roles were shared out between the party’s two other MPs, as speculation continued to mount over a potential parliamentary election being called in the…
Sri Lanka’s leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led