Financing the Sustainable Development Goals: the contributions of the Multilateral Development Banks
The first joint report on the Multilateral Development Banks contributions to the SDGs. The start of a “Decade of Action” to accelerate progress on the Sustainable Development Goals (SDGs) has coincided with the COVID‑19 pandemic, raising deep questions about prospects for achieving this ambitious agenda. This joint report showcases the collective contributions of 11 multilateral development banks (MDBs) and the International Monetary Fund (IMF) to help countries achieve the 2030 Agenda for Sustainable Development. The MDBs and the IMF have been committed partners in supporting countries’ efforts to achieve the SDGs, providing finance, technical assistance, and knowledge to help their members tackle pressing development challenges. Collectively, the MDBs will have provided $230 billion to reduce the impact of the pandemic by mid-2021, of which $75 billion will be directed to the world’s poorest countries before the end of 2020. The report describes steps the 12 institutions are taking to support the SDGs, and help countries emerge stronger from this crisis.