2015 is a landmark year that will define the global development agenda for the next 15 years. This year will see the end of the Millennium Development Goals (MDGs) and the beginning of a new set of targets—the Sustainable Development Goals (SDGs)—in a process led by the UN.
The financing resources needed to achieve the SDGs will surpass current development flows. The development community needs to move the discussion from “billions” generated from official development assistance (ODA), to “trillions” in investment of all kinds, public and private, national and global. Figuring out how ODA can catalyze and leverage private finance was a key point of discussion at the 2015 Development Finance Forum held in Rotterdam on May 21-22, 2015. Leaders from development organizations, governments, the private sector, and CSOs gathered at the forum and discussed the changing development finance landscape and financing development in a post-2015 world. Participants worked together to explore a range of areas that hold the greatest promise for scaling up resources to finance the SDGs.