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The $1 billion SDG Investment Fund aims to attract $5 billion from private investors over the next four years to tackle the U.N.’s 2030 agenda in low- and middle-income countries.
“I hope pension funds will join in, but we’re not there yet,” the Danish minister for Development Cooperation said in an interview (paywall). Still $5 billion is a sliver of the $7 trillion needed annually to meet the goals.
The U.N. is planning a summit next year specifically focusing on how to drum up more private capital for the goals.