Increasingly, donors and creditors are joining together to mobilize "billions" in public money in order to leverage "trillions" in private investment in development. This month at the G20 meeting in Indonesia, bold system-wide reforms in global financial governance are being approved; some are already being implemented. Nancy Alexander and Rick Rowden describe these system-wide reforms and conclude that, on the current course, the reforms could undermine the public interest in sustainable development and climate goals. It is crucial to ensure that proposed reforms respect democratic practices and promote sustainability.
Infrastructure is essential to the achievement of the sustainable development goals (SDGs) and to the success of the Paris Agreement on Climate Change. Our partner IISD presents why governments must invest in sustainable infrastructure and how they can integrate sustainability into infrastructure contracts.