Private business activity, investment, and innovation are major drivers of productivity, employment and economic growth. The Financing for Development outcomes call on businesses to apply their creativity and innovation to solving sustainable development challenges, and invites them to engage as partners in implementation of the sustainable development agenda. In understanding the role of the private sector in financing sustainable development, it is important to recognize that the private sector includes a wide range of diverse actors, from individual households and international migrants to multinational corporations, and from direct investors to financial intermediaries, such as banks and pension funds.
Photo by Daniel Lerman
Private business activity, investment, and innovation are major drivers of productivity, employment and economic growth. The Financing for Development outcomes call on businesses to apply their creativity and innovation to solving sustainable development challenges, and invites them to engage as partners in implementation of the sustainable development agenda. In understanding the role of the private sector in financing sustainable development, it is important to recognize that the private sector includes a wide range of diverse actors, from individual households and international migrants to multinational corporations, and from direct investors to financial intermediaries, such as banks and pension funds.
Photo by Daniel Lerman
Domestic and International Private Business and Finance
The 2024 ECOSOC Financing for Development (FfD) Forum will be held from 22 to 25 April 2024…
The 2024 Financing for Sustainable Development Report: Financing for Development at a Crossroads finds that the world is…
The global economy is facing multiple shocks that are reversing progress on the Sustainable Development Goals (SDGs). The pandemic, the fallout from the war in Ukraine, rising food and energy prices, and much tighter financial conditions leave many developing countries faced with impossible…
Despite progress since the adoption of the Addis Agenda, growing uncertainties and risks threaten development progress and sustainable finance prospects. As global challenges are more integrated, responses become increasingly fragmented. Facing this context, it is more important than ever to…
