Opinion / #public-private partnership
The sustainable development goal financing gap has widened significantly in many developing countries in the region. Coordinated multi-stakeholder regional partnerships and cooperation are needed to mobilise new resources.
Global philanthropy is not putting its muscle behind addressing the dual climate and nature crises, but it holds the key to unlocking the pace and scale required for action on climate and nature in this decisive decade.
While some believe that economic growth is incompatible with fighting climate change, only growing economies can produce the financial resources needed to make the transition to a net-zero economy. Accelerating global growth could bring lower-income households into the middle class and build infrastructure to reduce emissions.
A stronger partnership between the private and public sectors can unlock new investment opportunities, manage risk, reduce the cost of capital, and mobilise the necessary financing at a much larger scale.
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