There is a US$2.5 trillion annual funding shortfall towards meeting the Sustainable Development Goals by 2030. The OECD estimates that this financing gap could increase by an enormous 70%—to US$4.2 trillion—in the wake of the pandemic. Governments alone do not have the resources to tackle this shortfall, and neither do the private or social sectors. CAPS’ Director of Research, Mehvesh Mumtaz Ahmed discusses the role that Blended Finance can play in bridging this gap and shared examples of its application in Asia. Read the article here (page 26).
18 June 2021
Blended Finance can pave the way to achieving the SDGs: The Asian experience