UN General Assembly
2022

Our progress towards achieving the global Sustainable Development Goals (SDGs) by 2030 has been complicated by the repurposing of global development and investment finance, disruptions in production and supply chains, growing food and energy insecurity, general slowdowns in the economies of nations and the perennial adverse effects of climate change. I call on the global family to be intentional and fair about developing innovative development financing products that are free from the stringent restrictions and high transaction costs associated with concessionary loans. Multilateral financial institutions can de-risk investments that are critical to sustainable development. Aid must also be aligned with domestic development priorities.