Financing the Global Goals: Why the Global Fund replenishment matters for the SDGs
aidspan.org - "Now that member-states have adopted the 2030 Agenda for Sustainable Development, the global community is turning to how the seventeen goals can be achieved. The ambitious targets – 169 of them in total – were set through what some have called the most inclusive consultative process in the history of the United Nations. The same collective effort will no doubt be needed to translate global dialogue into local impact. (by Gemma Oberth)
(...) In total, the UN working group on financing for sustainable development estimates the SDGs will cost $17 trillion, though others calculate resources needs of up to $45 trillion ($2-3 trillion annually). While an SDG fund has been established, there are large gaps between available funding and the levels of investment required to achieve the targets.
Towards filling these funding gaps for SDG 3.3, the Global Fund’s upcoming replenishment is a crucial linchpin. Indeed, some say that the most important aspect of the health-related MDG-to-SDG transition will be the reactions of major donors. A coalition of civil society organizations is calling for a higher Global Fund replenishment aim than the $15 billion for 2014-2016."