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World Bank Financializing Development

The World Bank has successfully legitimized the notion that private finance is the solution to pressing development and welfare concerns, including achieving the Sustainable Development Goals (SDGs) through Agenda 2030. The Bank's ‘Maximizing Finance for Development' (MFD) strategy marks a new stage. The MFD presumes that public money should mainly be used to leverage private finance.

Source: www.ipsnews.net

Sustainable development needs fundamental policy changes

New York, 9 July 2018: “The world is off-track in terms of achieving sustainable development and fundamental policy changes are necessary to unleash the transformative potential of the SDGs.” Global civil society report assesses obstacles and contradictions in the implementation of the 2030 Agenda. This is the main message of the Spotlight Report 2018, the most comprehensive independent assessment of the implementation of the 2030 Agenda. The report is launched on the opening day of the High Level Political Forum at the United Nations in New York by a global coalition of civil society organizations and trade unions.

Source: www.world-psi.org