Marga Hoek (Greenbiz)
There is a growing need for the world to mobilize capital in the direction of achieving the SDGs. The investment landscape shows a large gap between the amount of capital it will take to achieve the SDGs by 2030 and the financial resources from government and development aid that are currently available.
Therefore, private capital is urgently needed. By using development finance and philanthropic funds strategically to mobilize and leverage private capital, we can propel business and create market opportunities for a more sustainable world.
To meet the investment needs of the SDGs, the global community must change the discussion from billions to trillions. There needs to be a trillion dollar shift in investments of all kinds: public and private, national and global. The goals need an innovative capital mobilization with a global change of mindset, approach and accountability to create the transformation needed in both developing and developed countries.