The United Nations estimates that $4 trillion a year are needed through 2030 to achieve the SDGs, compared to around $1.5 trillion currently being invested. Public finance does not have sufficient resources to fill this gap, while for developing nations, the private sector is responsible for around 90% of jobs, 60% of investments, most exports, 80% of government revenues and a growing share of essential services, inventions and innovations (World Bank 2019). Blended finance can be used effectively in a number of situations so as to involve in the private sector.
Food and Agriculture Organization of the United Nations - Blue Growth Initiative - Blue Finance Guidance Notes
Food and Agriculture Organization of the United Nations
- 30 May 20
- Region Focus
- Global, East Asia
- Sub-Sector Focus
- Fisheries and Aquaculture