Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Traditional sources of financing sustainable development in developing countries are international institutions, multilateral and bilateral funds and foreign direct investment.Currently, the Coordination Group for Financing for Development includes eight national and regional Arab development institutions, in addition to the Islamic Development Bank and OPEC Fund for International Development. These institutions have substantially contributed to the financing of the Millennium Development Goals and have made a strong commitment to providing assistance to finance the SDGs.Arab recipient countries can attract more funding for their sustainable development objectives from development financing institutions in the region by streaming their strategies toward the sustainable development goals. According to a group of economists working on a new AFED report on financing sustainable development in the Arab world, the cost of corruption in Arab countries ranges between 2 and 3 percent of the GDP.Achieving sustainable development and enhancing environmental protection in the Arab region begins with fighting corruption.
Why the Poland climate summit succeeded
Financing development based on human dignity
Why Arab banks have decided
to take a new, green direction
FOLLOW THIS ARTICLE