April 22, 2020

The 2020 Financing for Sustainable Development Report warns COVID-19 could derail financing for SDGs

The Inter-agency Task Force calls for action to step-up finance for sustainable development and counter the social and economic impact of COVID-19 in developing countries.

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AUthor
Navid Hanif
DIRECTOR FINANCING FOR SUSTAINABLE DEVELOPMENT OFFICE, UN DESA
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The annual Financing for Sustainable Development Report (FSDR) published in April 2020 by the Inter-agency Task Force on Financing for Development, issues a stark warning that the global economic recession and financial turmoil from COVID-19 are derailing the Addis Ababa Action Agenda and achievement of the Sustainable Development Goals (SDGs).

The FSDR calls for immediate action – coordinated stimulus, debt service suspension and a large-scale liquidity injection – to address the crisis.

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