Two weeks ago, a little-known Canadian gold mining company that has developed or operated exactly zero mines over 17 years announced to its investors that it had initiated international arbitration proceedings against the government of Romania for failing to permit what would be the largest open-pit gold and silver mine in Europe.
One of the most significant changes since the declaration of the Millennium Development Goals, set to conclude this year, is that the private sector is now seen as a key stakeholder. With governments reneging on prior commitments, and given the projected $3 trillion to $4.5 trillion price tag to achieve the SDGs, corporate participation is essential.
Many governments still do not see the need to allocate or increase resources for efforts that would strengthen health systems to reduce maternal mortality, address violence against women, ensure access to sexual and reproductive health care, and end child marriage. In fact, these areas should be priorities if we are to achieve sustainable development for generations to come.