TY - JOUR
T1 - Social Development Funding Desiderata
T2 - Key Issues, Financing Gaps and Options
AU - Neher, Alain
AU - Wong, Alfred
AU - Adjei-Bamfo, Peter
AU - Meinhold, Roman
AU - Bawole, Justice N.
AU - Pawar, Manohar
N1 - Publisher Copyright:
© The Author(s) 2025. This article is distributed under the terms of the Creative Commons Attribution 4.0 License (https://creativecommons.org/licenses/by/4.0/) which permits any use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access page (https://us.sagepub.com/en-us/nam/open-access-at-sage).
PY - 2025/6
Y1 - 2025/6
N2 - This article examines critical issues, funding desiderata and strategic policy options for financing social development to fulfil the United Nations (UN) Sustainable Development Goals (SDGs). Despite global commitments, financing remains insufficient and continues to focus on particular SDGs, with the COVID-19 pandemic exacerbating disparities. Drawing on recent data, including the 2024 UN Financing for Sustainable Development Report, and contemporary literature, the study reveals that progress is notably diverging from targets. It explores SDG financing strategies, including socially responsible investments, and suggests reforms to fiscal policy and global financial governance. Financing, particularly in the Global South, underscores systemic weaknesses in the international social development financing architecture. The study calls for institutional capacity building and cooperative, equitable and culturally sensitive and solidaristic financing strategies at the global and national levels to expedite social development.
AB - This article examines critical issues, funding desiderata and strategic policy options for financing social development to fulfil the United Nations (UN) Sustainable Development Goals (SDGs). Despite global commitments, financing remains insufficient and continues to focus on particular SDGs, with the COVID-19 pandemic exacerbating disparities. Drawing on recent data, including the 2024 UN Financing for Sustainable Development Report, and contemporary literature, the study reveals that progress is notably diverging from targets. It explores SDG financing strategies, including socially responsible investments, and suggests reforms to fiscal policy and global financial governance. Financing, particularly in the Global South, underscores systemic weaknesses in the international social development financing architecture. The study calls for institutional capacity building and cooperative, equitable and culturally sensitive and solidaristic financing strategies at the global and national levels to expedite social development.
KW - Financing for social development
KW - Fourth International Conference on Financing for Development
KW - Sustainable Development Goals
KW - United Nations Sustainable Development Goals
KW - social sustainability
KW - socially responsible investment
KW - sustainability financing
KW - the Second Summit for Social Development
UR - https://www.scopus.com/pages/publications/105007627332
U2 - 10.1177/25166026251345296
DO - 10.1177/25166026251345296
M3 - Article
AN - SCOPUS:105007627332
SN - 2516-6026
VL - 7
SP - 263
EP - 283
JO - International Journal of Community and Social Development
JF - International Journal of Community and Social Development
IS - 2 The Second World Summit for Social Development, 2025: Addre...
ER -