Partnerships for Goals
Goal 17: Partnerships for Goals
With strong global partnerships and cooperation, the SDGs can only be realized. In 2017, Official Development Assistance remained steady but below target, at US$147 billion. While humanitarian crises are brought upon by conflict or natural disasters continued to demand for more financial resources and aids. To encourage growth and trade, Official Development Assistance is required by many countries.
The world is more coordinated than ever. An important way to share ideas and foster innovation is to improve access to technology and knowledge. In order to sustain growth and development, help developing countries manage their debt, as well as promoting investment for the least developed and also coordinating policies.
To enhance North-South and South-South cooperation by supporting national plans to achieve all the targets is the goals aim. All part of achieving a universal rules-based is promoting international trade, and helping developing countries and equitable trading system that is fair and open and benefits all.
Facts and Figures:
- 1 The UN Conference on Trade and Development (UNCTAD) says achieving SDGs will require US$ 5 trillion to $7 trillion in annual investment.
- 2 Total official development assistance reached US$ 147.2 billion in 2017.
- 3 In 2017, international remittances totaled US$613 billion; 76% of it went to developing countries.
- 4 In 2016, 6 countries met the international target to keep official development assistance at or above 0.7% of gross national income.
- 5 Sustainable and responsible investments represent high-potential sources of capital for SDGs. As of 2016, US$ 18.2 trillion was invested in this asset class.
- 6 The bond market for sustainable business is growing. In 2018 global green bonds reached US$155.5billion, up 78% from previous year.