Amid growing food and energy crises, an uncertain global economic outlook, and the escalating impacts of climate change, the UN today said that a sustainable industrial transformation is needed to close the widening development gap between countries, meet climate targets and achieve the Sustainable Development Goals.
The 2023 Financing for Sustainable Development Report: Financing Sustainable Transformations says urgent, massive investments are needed to accelerate transformations including in electricity supply, industry, farming, transportation, and buildings.