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UNDP could expand sustainable partnerships
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reality where many of the wealthier nations capable of stepping in to help developing countries have seen cutbacks in development assistance," acknowledged Achim Steiner, the UNDP’s Administrator, in an exclusive interview with Mint in July. The annual financing gap for SDGs for developing countries is estimated to stand at USD 4.2 trillion.
“Further, India is the first country in the world to make corporate social responsibility (CSR) mandatory, which has opened new avenues of financing to impact the SDGs. In FY 2022, over INR 25,000 crore was spent under the CSR Act," according to the UNDP.
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