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UNCTAD calls on Investment Promotion Agencies to act on sustainable development at G20 conference in Istanbul

Published on April 29, 2015

Speaking at the 20th anniversary of the World Association of Investment Promotion Agencies (WAIPA), in Istanbul, Turkey on 27 April 2015, Dr. Kituyi said it was important for countries to prepare and promote bankable projects in sustainable development sectors.

He also focussed on the importance of facilitating business linkages and the creation of partnerships that can lead to the development of SDG incubators and special economic zones.

Later this year global leaders will meet in New York to hammer out an agreement on ending poverty, disease and environmental degradation, known as the sustainable development goals, or SDGs.

UNCTAD has already calculated a major shortfall in financing needed to meet the SDGs in developing economies, estimated to be around $2.5 trillion per year between now and 2030. Read more. Source | UNACTAD