A step change is needed in the amount of private finance available for sustainable development. The bad news is the financial sector is still headed in the wrong direction.

At the level of international agenda-setting for the rest of the century, 2015 is shaping up to be a big year. Possibly the defining one. That is why this month’s UN Conference on Trade and Development (UNCTAD) World Investment Forum was so important, because it addressed the fundamental questions “what would it cost to become sustainable?”, “do we have the money?” and “how can we mobilise it?”

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