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    • Opinion
    • Sustainable Development Goals

    Opinion: Yes, we can afford $4 trillion for an inclusive future

    Among the G20 alone, there are enough resources to address hunger, maternal and child health, education, and much more.

    By Julie Garfieldt Kofoed // 08 September 2023

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    Can we afford to save the world? In the midst of national budget debates and chronic shortages, it’s a fair question.

    Global military spending hit a record high last year at $2.24 trillion, while spending on health and food each exceeded $9 trillion. Such astronomical costs may give the impression that we don’t have the funds to solve the world’s most pressing problems — but we do.

    Among the Group of 20 leading economies alone, there are enough resources to address hunger, maternal and child health, education, and much more. We even have a blueprint: the Sustainable Development Goals. What we don’t have is the political will to invest in our collective future.

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    ► Opinion: Why culture is an integral part of sustainable development

    ► Opinion: To fight for the SDGs, it’s time for this rescue plan

    ► French development chief on how Paris could be a hub for achieving SDGs (Pro)

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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the author

    • Julie Garfieldt Kofoed

      Julie Garfieldt Kofoed

      Julie Garfieldt Kofoed is the senior director for sustainable development initiatives at the U.N. Foundation. Previously, she was head of human rights at U.N. Global Compact and served in the Ministry of Foreign Affairs of Denmark, most recently with the permanent mission of Denmark to the U.N.

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