Discussion paper
What is the scale of additional investment needed by 2030 to meet both development and climate goals? This discussion paper suggests an answer to this question using estimates compiled for the financing needs of the Sustainable Development Goals (SDGs) – which ostensibly capture both goals. It argues that while meeting this depends in part on trends in private finance and domestic resource mobilisation, these needs could be roughly met if high-income countries provided an average of 1% of their gross national income (GNI) over the next seven years. However, targeting climate and development under the same input target poses risks as well as benefits.
