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Where We Stand
- Developing countries face a $4 trillion annual investment gap to achieve the SDGs. Foreign direct investment flows to developing countries have decreased while gains in remittances and ODA have been modest. The Secretary-General has urged countries to support an SDG Stimulus of $500 billion annually to address this shortfall.
- External debt stock levels remain unprecedentedly high for developing countries, with about 60% of low-income countries at high risk of debt distress or already experiencing it.
- In 2023, 5.4 billion people worldwide were online, mark a 69% increase in internet coverage from 2015. Investment in infrastructure and affordable internet access is crucial for inclusive development, particularly in low-income regions.
- In a landscape of declining international cooperation and rising geopolitical tensions, strengthened global partnerships and enhanced cooperation are urgently needed to address widening financing gaps, reinforce post- pandemic recovery, and promote sustainable development, particularly in Least Developed Countries (LDCs) and other vulnerable countries.
To learn more about strengthening the means of implementation and revitalizing the Global Partnership for Sustainable Development, please download this PDF here: https://hlpf.un.org/sites/
Source: UNDESA