Unless national and international financial systems are revamped, the world's governments will fail to keep their promises toward the sustainable development goals in the 2030 Agenda says this new UN report released yesterday

A major new UN-led report, involving more than 60 international organizations, warns that a comprehensive overhaul of the world’s financial system is necessary, if governments are to honour commitments to tackle critical issues, such as combatting climate change and eradicating poverty by 2030. The 2019 Financing for Sustainable Development Report, says that achieving the financing needed to implement the 2030 Agenda for Sustainable Development – the UN’s plan of action for peace, planet and prosperity – is not just about finding additional investment, but also building supportive financial systems, and global and national policy environments, which are favourable to sustainable development.