Our overarching objective is to scale up private investment for sustainable development in developing countries. To achieve this, we have identified five action areas critical to unlocking private capital at scale and channeling it toward SDG-aligned sectors, projects and initiatives where it is needed most. To be effective, these action areas will need to be complemented by broader efforts to set in place an enabling business environment, including an effective legal and regulatory framework and a favorable macroeconomic and trade setting.
PACT FOR THE FUTURE
We, the Heads of State and Government, representing the world's people, have gathered at United Nations Headquarters to take action to safeguard the future for present and coming generations. We are at a moment of acute global peril. Across our world, people are suffering from the effects of poverty, hunger, inequality, armed conflicts, violence, displacement, terrorism, climate change, disease, and the adverse impacts of technology. Humanity faces a range of potentially catastrophic and existential risks. We are also at a moment of opportunity, where advances in knowledge and technology, properly managed, could deliver a better future for all.