Can We Finance Sustainable Development?
by The Daily Eye Team July 17 2015, 10:39 am Estimated Reading Time: 0 mins, 34 secsThe Millennium Development Goals (MDGs) have been the most comprehensive international poverty alleviation movement in history. Since 1990, extreme poverty has been cut by half; 17,000 fewer children die each day; and 2.3 billion people gained access to clean drinking water. A multi-stakeholder coalition of governments, international organizations, and civil society groups have tackled crucial issues ranging from education to improved sanitation to gender equality. And yet, the challenge of empowering hundreds of millions more to gain access to proper healthcare, sanitary facilities, and education is enormous. As more countries have attained middle-income status, inequality has soared. The wealthiest individuals have become wealthier while growth-with-equity remains a distant prospect.