• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • Development Finance

    Private sector shouldn't have to bail out public sector

    At Casa Devex, Sanda Ojiambo, executive director of the U.N.'s Global Digital Compact, emphasized that despite discussions on increasing private investment to offset aid reductions, governments also hold significant responsibility.

    By Colum Lynch // 08 July 2025

    For Sanda Ojiambo, executive director of the United Nations’ Global Digital Compact, it is not for the private sector to step in and replace the public sector’s development role. Governments that have made unrealized promises to fund development projects need to be held accountable.  

    “I don’t believe the private sector should step in wholeheartedly and fill a public sector gap. I think governments need to be held accountable for commitments,” Ojiambo said in an interview with Devex’s Jesse Chase-Lubitz on the sidelines of the Fourth International Conference on Financing for Development in Sevilla, Spain. “A lot of financing commitments have been made and they have not been honored, from climate mitigation to adaptation and resilience.”

    The remarks come at a time of unprecedented retreat from public overseas development assistance, with the Trump administration leading the way with draconian cuts in funding for health, anti-poverty, and climate programs. In a series of U.N. negotiations, American diplomats have even sought to expunge any references to global warming, gender equity, and the U.N.’s Sustainable Development Goals, a series of targets for ending extreme poverty and other health, environmental, and social ills by the year 2030.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in

    More reading:

    ► Accountability key to realizing Financing for Development promises

    ► UN disaster chief urges integrating risk reduction in development finance

    ► Why 'tax is the only exit strategy from aid in the long term'

    • Economic Development
    • Trade & Policy
    • Private Sector
    • Banking & Finance
    • Democracy, Human Rights & Governance
    • Sevilla , Spain
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Colum Lynch

      Colum Lynch

      Colum Lynch is an award-winning reporter and Senior Global Reporter for Devex. He covers the intersection of development, diplomacy, and humanitarian relief at the United Nations and beyond. Prior to Devex, Colum reported on foreign policy and national security for Foreign Policy Magazine and the Washington Post. Colum was awarded the 2011 National Magazine Award for digital reporting for his blog Turtle Bay. He has also won an award for groundbreaking reporting on the U.N.’s failure to protect civilians in Darfur.

    Search for articles

    Related Stories

    Devex NewswireDevex Newswire: Competition heats up for top spots at the UN

    Devex Newswire: Competition heats up for top spots at the UN

    Development FinanceWhat impact can FfD4 have without the US? Potentially a lot

    What impact can FfD4 have without the US? Potentially a lot

    Development FinanceCan DFIs be more transparent about their data?

    Can DFIs be more transparent about their data?

    Development FinanceSevilla reporter's notebook Day 2: Compromiso adopted, but what next?

    Sevilla reporter's notebook Day 2: Compromiso adopted, but what next?

    Most Read

    • 1
      How low-emissions livestock are transforming dairy farming in Africa
    • 2
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 3
      Opinion: India’s bold leadership in turning the tide for TB
    • 4
      How AI-powered citizen science can be a catalyst for the SDGs
    • 5
      WHO names new directors in ongoing restructure
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement