Domestic and international private business and finance in numbers - FDI growth slowed significantly after the 2008 world financial and economic crisis, in

The Fourth International Conference on refinement and consolidation of voluntary standards and the enactment Financing for Development can help to enable the alignment of financ- of legislation at the national and regional levels. [...] In the context of massive changes in the global division of in the way of more sustainability – with longer-term investors more labour and rapid technological change, including the shift towards digital inclined to incorporate sustainability risks into their decision making, and business models and asset-light forms of production, increased geopoliti- to seek companies that prioritize long-term bu. [...] informal and family-based and lack economies of scale – with jobs in these tending to be highly insecure.19 In the case of the COVID-19 crisis, 3.2 Sustainability in business MSMEs, particularly in developing countries, were severely impacted and In the past 30 years, businesses have increasingly factored in faced a higher risk of permanent closure. [...] cent of firms in sub-Saharan African countries and 17 per cent in LDCs have access to financial services, well below the global average and far from the rates in Latin America and the Caribbean, and Oceania (44.2 per cent 4. [...] Industrial policies35 have been MSMEs and large companies is widening, as MSMEs face greater difficulties resurgent since the 2008 world financial and economic crisis, with the in navigating the post-COVID-19 economic landscape and adapting to the revival driven by several factors: the decline of decent jobs tied to the de- shift from a low to a high interest rate environment.