The future of development finance: financing the COVID-19 recovery beyond

  • Samantha Keon

The current COVID-19 pandemic has highlighted the fragility of economies across all income spectrums – from France and the United States to Bangladesh and Nigeria – the economic consequences of the virus can be felt almost everywhere. Soaring health expenses, losses in income from exports, and ripple effects from nation-wide lockdowns have not only caused markets to plummet but also raised concerns about aid budgets being cut in the years to come. The current crisis has highlighted – more than ever – that public finances alone won’t be enough if we are to achieve the Sustainable Development Goals. So how can sustainable development efforts be financed in a post COVID-19 landscape? I edited this short video to promote a half day event held online by Devex in October 2020.