Association For Strategic Culture and Research Foundation

The financing needs to achieve the Sustainable Development Goals (SDGs) estimated at $2.5trillion for developing countries, was substantial even before the COVID-19 pandemic. The pandemic has exacerbated the financing challenges. According to the 2021 OECD Global Outlook, the annual SDG financing gap in developing countries is estimated to have increased by $1.7 trillion, or roughly 70%, in 2020