To realize the World Bank’s Twin Goals of ending extreme poverty and advancing shared prosperity, the catalytic role of private capital must be fully acknowledged. Philanthropy contributes uniquely by offering risk capital and innovative capacity that unlock new pathways toward equitable growth.
By addressing systemic barriers and de-risking transformative interventions, philanthropy accelerates progress on SDG 1 (No Poverty) and SDG 10 (Reduced Inequalities). This alignment is indispensable for the fulfillment of Vision 2030. Flexible, long-term financing is what translates ambitious strategies into tangible outcomes particularly for the bottom 40%.
What is needed now is strategic convergence: public finance, private investment, and philanthropic resources working in harmony. Their synergy forms the blueprint for a more inclusive and equitable global economy.
