Leveraging South-South Cooperation to Finance the SDGs

Mar 20, 2023 | Publications

Progress towards the Sustainable Development Goals (SDGs) in the Global South is being threatened by the mounting challenges facing developing countries due to the repercussions of the COVID-19 pandemic and the prolonged Russia-Ukraine war, and receding aid from traditional donor countries. As the achievement of the SDGs remains more relevant than ever, this brief proposes the creation of a Global South Development Assistance Committee (DAC) as an institutional structure to coordinate South-South development cooperation and enhance its effectiveness in order to achieve the SDGs. SDG17, which seeks to revitalise partnerships for sustainable development, can offer a guiding framework to shape the modalities and focus of South-South cooperation for SDGs in the areas of trade, finance, and technology.

By Bineswaree Bolaky for the Observer Research Foundation. To read the original post, please click here.