Saab presenting the report at the conference.
The Daily Star/Mohammed Azakri
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Arab countries need more than $230 billion annually to finance sustainable development, and this amount may eventually increase for the reconstruction of war-torn countries in the region, according to a report by the Arab Forum for Environment and Development released Thursday.The opening ceremony was addressed by former Lebanese Prime Minister Fouad Siniora, who stressed the need for fiscal reforms and enabling policies in order to open the way to a green economy in the Arab region.When asked how the Lebanese public would concretely benefit from the government investing in sustainable development, Siniora told The Daily Star that "one of the things we [the Lebanese] are suffering from is the gap of lack of confidence between the people and the state.However, Siniora remained hopeful about the future of sustainable development in Lebanon.Representatives of various Arab and international development funds discussed ways of collaborating to mobilize additional resources to achieve the SDGs.
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