Economics & Investment

Sustained and inclusive economic growth and investment can drive sustainable development, create decent jobs for all, and improve living standards. However, roughly half the world's population still lives on the equivalent of about USD 2 a day. In too many places, having a job does not guarantee an escape from poverty. Slow and uneven progress in this area requires rethinking and retooling economic and social policies aimed at eradicating poverty.

More progress is needed to increase employment opportunities, reduce informal employment and the gender pay gap, and promote safe and secure working environments to create decent work for all. At the same time, private and public investment can be a powerful sustainable development enabler. If delivered in the right way, it can create jobs, build skills, spur innovation, provide essential infrastructure and services, and boost economic growth. More investment on its own is not enough. Tapping the sustainable development potential of investment means increasing the capacity of the local economy and the public sector, reforming framework conditions to make countries attractive investment destinations, and promoting responsible business conduct along the length of global supply chains.

Events and Articles

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Building Post-COVID Recovery around Wealth rather than GDP

This side event introduced examples of expanded wealth measures and demonstrated the ways in which they can be used to prioritize post-COVID recovery investments while promoting and contributing to SDGs 8 (decent work and economic growth), 13 (climate action), and 17 (partnerships for the Goals).
Event 12 July 2021

GEF Consultations with Civil Society

The Global Environment Facility (GEF) Council participated in a consultation with civil society organizations (CSOs) on the theme, “Enhancing Climate Resilience: The Role of Civil Society, and Indigenous Peoples and Local Communities".
Event 11 June 2021

UN Summits Week 2019

During the opening of the 74th session of the UN General Assembly, Heads of State and Government and stakeholders from around the world took part in several high-level discussions on critical issues of shared concern.
Event 23 September 2019 - 27 September 2019