Achieving SDGs Requires Private Sector Involvement

Foreign Policy: Make Money, End Poverty
Johan Bergenas, deputy director of the Managing Across Boundaries Initiative at the Stimson Center

“…[U]nless governments strategically leverage the private sector, the simple fact is that the world likely will not achieve the forthcoming Sustainable Development Goals (SDGs), including the goal of eradicating extreme poverty. … The designers of the goals need to bring the private sector to the table and clearly communicate the nexus between the public interest and private profit. They also need to prepare ways to maximize the potential of that nexus, so the world can hit the ground running with the new development goals. If this can all be achieved, there will be winners all around: governments, the private sector, and — most importantly — people across the globe” (6/6).