Giving Compass' Take:

· According to recent news from the United Nations, roughly $5 to $7 trillion in funding is needed each year to achieve the Sustainable Development Goals by 2030.

· How can donors support the UN's agenda? How will the SDGs impact the world? 

· Learn how blended financing can help achieve the UN's Sustainable Development Goals.

António Guterres was speaking at the opening of the High Level Meeting on Financing the 2030 Agenda, at which he launched his Strategy to support Financing the 2030 Agenda.

He was joined by Christine Lagarde, Managing Director of the International Monetary Fund (IMF), several Heads of State and Government, as well as senior representatives of leading companies – including the founder of Microsoft, Bill Gates – and philanthropic foundations.

The financing needs of the 2030 Agenda, said Mr. Guterres, are immense, in the order of between $5 and $7 trillion per year.

Whilst some progress has been made in mobilizing resources, he said that urgent action is needed to drive progress: “that means galvanizing political support across governments and local communities; building momentum for change in corporate boardrooms; and doing better in tapping resources that sit idle.”

Read the full article about financing the SDGs at UN News.