Impact Investment has gained popularity, particularly in Switzerland, a country known for its financial system and its aspirations for sustainable finance. As impact investing is often presented as a panacea for development challenges, Alliance Sud’s study takes a critical look at its effectiveness, its limitations and the extent to which it can contribute to sustainable development.

Development cooperation is repeatedly confronted with false statements and exaggerated expectations. A field report by Maxime Zufferey, Programme Associate at UNDP North Macedonia, shows what development cooperation can achieve and what it can contribute to achieving the Sustainable Development Goals.

Eighty years ago, 43 countries met in the US resort town of Bretton Woods and laid the groundwork for the International Monetary Fund and the World Bank. The entire post-war order is often exaggeratedly ascribed to that conference. A recently published book puts things in perspective.