Investing in the SDGs: strategies and actions
President of the African Development Bank, Donald Kaberuka, and the Director for Resource Mobilisation and External Finance at the institution, Desire Vencatachellum, participated in a special ministerial session organised by UNCTAD during the Third International Conference on Financing for Development.
The July 14, 2015 ministerial meeting sought to address challenge of financing Sustainable Development Goals (SDGs), including how to maximize the benefits of private investment and minimize risks. According to UNCTAD’s 2014 World Investment Report, achieving the SDGs will require a significant increase in investment to fill the $205 trillion annual investment gap for developing countries. The private sector will need to partner with the public sector to reach the scale of investment required.