New Paths for Development Finance

WASHINGTON, DC – When the Millennium Development Goals (MDGs) expire next year, the world will be able to count many achievements. The number of people lacking access to safe drinking water has been halved, improving the lives of over 100 million slum dwellers; gender equality in education has been strengthened; and health care has become more accessible for millions of people. But there is still much to be done; many countries are lagging behind, and there is a great deal of discrepancy within countries.

The post-2015 development agenda promises to take on the MDGs’ unfinished business, while adding objectives related to inclusion, sustainability, employment, growth, governance, and cooperation. Success will depend on world leaders’ ability to apply past experience not only to developing effective policies and programs, but also to finding innovative ways to finance them.