More and Better Investment Now! How Unlocking Sustainable and Digital Investment Flows Can Help Achieve the SDGs

Abstract

The global community can address the collapse of investment following COVID-19, drive digital transformation, and help achieve the SDGs through five actions: (1) establish a Facility and Fund to provide resources for technical assistance and facilitate private–public collaboration, including through a new EASI Alliance, (2) endorse a Sustainable Investment Framework to advance such collaboration, through aligning and coordinating efforts, (3) adopt specific investment policies and measures to support sustainable FDI for sustainable development, prioritizing linkages, (4) adopt specific policies and measures to facilitate investment in the digital economy, accelerating productive transformation while building resilience, and (5) develop partnerships and industry-based coalitions to operationalize these efforts.

Keywords: Foreign direct investment, domestic investment, Sustainable Investment, Investment and Development, SDGs, Public-Private Collaboration, Linkages, Digital Economy, Digital FDI, Partnerships

JEL Classification: F21, F23