Principal and managing director at Seneca Impact Advisors Jean-Marc Champagne put the $300bn in context…He signalled how the “annual SDG investment gap in developing countries has exploded to a staggering $4tn”, while “a colossal $2.2tn is urgently needed each year just for the energy transition”. At the same time, he said, “developing countries are drowning in rising debt service costs, projected to reach a crippling $40bn annually between 2023 and 2025”.
26 November 2024 | The Banker | Media
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