Financing the Sustainable Development Goals

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Government spending is falling one third short of MDG needs – and the SDGs will require at least US$1.5 trillion extra a year. Based on lessons from tracking country budgets, this report recommends how the SDGs should be financed: doubling tax revenue, by radically overhauling global tax rules; doubling concessional development cooperation, and improving its allocation and effectiveness; and raising US$500 billion in public innovative financing. In addition, all spending must be dramatically reoriented to fight inequality, and be much more transparent and accountable to the world’s citizens. If these measures are not taken, the SDGs may well be dead at birth.

Report: Financing the Sustainable Development Goals

Source: Eurodad

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