Half a decade of private finance for SDGs - why are we off track?
Room: Auditorium
Description
In 2015, global leaders committed to the 2030 Agenda, sending a strong signal that reaching the SDGs was only possible with the help of private finance. Half a decade later, although private finance for sustainable development has increased, hundreds of trillions of capital continues to be allocated to unsustainable and climate-incompatible activities. This panel will take stock of the progress made towards mainstreaming sustainable finance, identify the main obstacles to alignment and discuss the incentives needed to shift public and private funds towards sustainable development in developing countries.
