SDG #17 is to “Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development”
Within SDG #17 are 19 targets, of which we here focus on Target 17.17:
Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships
Target 17.17 has one indicator:
Indicator 17.17.1: Amount in United States dollars committed to public-private partnerships for infrastructure
Much of the aims of the SDGs involve infrastructure investments, such as for the energy transition or water projects. Governments can raise some of this investment money, but often it needs a combination of public and private finance. This is extra difficult when the major credit rating agencies hold unfavourable assessments of poor countries. This makes it more expensive for these governments to raise financing for crucial infrastructure.
Brazil, China, and India each raised more than $5 billion for public-private partnerships in 2022.