Closing the SDG Financing Gap : Trends and Data

How big is the financing gap to achieve the 2030 sustainable development goals (SDGs)? Can private capital fill the gap? This note provides an updated overview of estimates of SDG financing in low- and middle-income countries and gives an analytica...

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Main Authors: Doumbia, Djeneba, Lauridsen, Morten Lykke
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/738131573041414269/Closing-the-SDG-Financing-Gap-Trends-and-Data
http://hdl.handle.net/10986/32654
id okr-10986-32654
recordtype oai_dc
spelling okr-10986-326542021-05-25T10:54:36Z Closing the SDG Financing Gap : Trends and Data Doumbia, Djeneba Lauridsen, Morten Lykke SUSTAINABLE DEVELOPMENT GOALS DEVELOPMENT FINANCE ACCESS TO FINANCE EMERGING MARKET ECONOMIES INFRASTRUCTURE INVESTMENT INFRASTRUCTURE FINANCE PUBLIC INVESTMENT MANAGEMENT REVENUE MOBILIZATION PRIVATE INVESTMENT How big is the financing gap to achieve the 2030 sustainable development goals (SDGs)? Can private capital fill the gap? This note provides an updated overview of estimates of SDG financing in low- and middle-income countries and gives an analytical and data-based foundation for discussion. Based on a review of recent studies, as well as International Finance Corporation (IFC’s) own calculations of cross-border flow trends, the note documents the ongoing and significant SDG financing gap. Raising taxes to expand public spending is an option for many middle-income countries to fill the gap, but it will be insufficient for low-income countries. Private financing, especially of infrastructure, can also contribute to bridging the gap, but it will depend on the availability of investable projects. Capital market development and improved domestic financial systems can help intermediate more private capital into available investment opportunities. 2019-11-20T21:49:52Z 2019-11-20T21:49:52Z 2019-10 Brief http://documents.worldbank.org/curated/en/738131573041414269/Closing-the-SDG-Financing-Gap-Trends-and-Data http://hdl.handle.net/10986/32654 English EMCompass,no. 73; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SUSTAINABLE DEVELOPMENT GOALS
DEVELOPMENT FINANCE
ACCESS TO FINANCE
EMERGING MARKET ECONOMIES
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE FINANCE
PUBLIC INVESTMENT MANAGEMENT
REVENUE MOBILIZATION
PRIVATE INVESTMENT
spellingShingle SUSTAINABLE DEVELOPMENT GOALS
DEVELOPMENT FINANCE
ACCESS TO FINANCE
EMERGING MARKET ECONOMIES
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE FINANCE
PUBLIC INVESTMENT MANAGEMENT
REVENUE MOBILIZATION
PRIVATE INVESTMENT
Doumbia, Djeneba
Lauridsen, Morten Lykke
Closing the SDG Financing Gap : Trends and Data
relation EMCompass,no. 73;
description How big is the financing gap to achieve the 2030 sustainable development goals (SDGs)? Can private capital fill the gap? This note provides an updated overview of estimates of SDG financing in low- and middle-income countries and gives an analytical and data-based foundation for discussion. Based on a review of recent studies, as well as International Finance Corporation (IFC’s) own calculations of cross-border flow trends, the note documents the ongoing and significant SDG financing gap. Raising taxes to expand public spending is an option for many middle-income countries to fill the gap, but it will be insufficient for low-income countries. Private financing, especially of infrastructure, can also contribute to bridging the gap, but it will depend on the availability of investable projects. Capital market development and improved domestic financial systems can help intermediate more private capital into available investment opportunities.
format Brief
author Doumbia, Djeneba
Lauridsen, Morten Lykke
author_facet Doumbia, Djeneba
Lauridsen, Morten Lykke
author_sort Doumbia, Djeneba
title Closing the SDG Financing Gap : Trends and Data
title_short Closing the SDG Financing Gap : Trends and Data
title_full Closing the SDG Financing Gap : Trends and Data
title_fullStr Closing the SDG Financing Gap : Trends and Data
title_full_unstemmed Closing the SDG Financing Gap : Trends and Data
title_sort closing the sdg financing gap : trends and data
publisher International Finance Corporation, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/738131573041414269/Closing-the-SDG-Financing-Gap-Trends-and-Data
http://hdl.handle.net/10986/32654
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