
Leveraging Private Philanthropy Towards Achieving the SDGs
- Initiative -
- Type Think20 (T20)
- Date 1 October 2020
There is a significant funding gap hindering the achievement of the Sustainable Development Goals (SDGs) in developing countries. Philanthropic organizations, therefore, have a unique opportunity to help meet these targets by providing the much-needed additional capital and expertise. However, according to recent data, many global philanthropic initiatives tend to concentrate on middle-income countries and a limited number of SDGs, neglecting low-income countries and other SDGs, compounded by unclear governance frameworks. The Group of Twenty (G20) countries could address these challenges by enhancing meaningful partnerships between governments, philanthropic organizations, and multilaterals to ensure that all SDGs are achieved.
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