Social Development Funding Desiderata: Key Issues, Financing Gaps and Options
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Issued Date
2025-01-01
Resource Type
ISSN
25166026
eISSN
25166034
Scopus ID
2-s2.0-105007627332
Journal Title
International Journal of Community and Social Development
Rights Holder(s)
SCOPUS
Bibliographic Citation
International Journal of Community and Social Development (2025)
Suggested Citation
Neher A., Wong A., Adjei-Bamfo P., Meinhold R., Bawole J.N., Pawar M. Social Development Funding Desiderata: Key Issues, Financing Gaps and Options. International Journal of Community and Social Development (2025). doi:10.1177/25166026251345296 Retrieved from: https://repository.li.mahidol.ac.th/handle/123456789/110720
Title
Social Development Funding Desiderata: Key Issues, Financing Gaps and Options
Author(s)
Corresponding Author(s)
Other Contributor(s)
Abstract
This article examines critical issues, funding desiderata and strategic policy options for financing social development to fulfil the United Nations (UN) Sustainable Development Goals (SDGs). Despite global commitments, financing remains insufficient and continues to focus on particular SDGs, with the COVID-19 pandemic exacerbating disparities. Drawing on recent data, including the 2024 UN Financing for Sustainable Development Report, and contemporary literature, the study reveals that progress is notably diverging from targets. It explores SDG financing strategies, including socially responsible investments, and suggests reforms to fiscal policy and global financial governance. Financing, particularly in the Global South, underscores systemic weaknesses in the international social development financing architecture. The study calls for institutional capacity building and cooperative, equitable and culturally sensitive and solidaristic financing strategies at the global and national levels to expedite social development.