Post by Observer Research Foundation

#GPSeries | #ORFIndia With the retreat of traditional aid mechanisms, financing for #sustainabledevelopment is an evident obstacle, especially for developing countries. Current #investment flows to meet sustainability targets are abysmally low. For instance, between 2015 and 2022, the development financing needs of developing countries surged by about 36 percent. Further, the annual average #SDG financing gap is projected to increase from US$5.24 trillion in 2022 to US$6.4 trillion by 2030. This volume edited by Dr. Nilanjan Ghosh & Dr. Swati Prabhu explore the experiences of different stakeholders, including philanthropy, the private sector, academia, and think tanks, to present potential avenues and mechanisms to garner appropriate development finance for developing countries. With a focus on North-South and South-South partnerships across the broader #IndoPacific, this compendium offers policy recommendations for integrating quality finance into the thematic areas of #climate, #energy, and health. Read the long read here 🔗 https://or-f.org/38702