This briefing highlights the crucial role of reforming the international financial architecture to facilitate fairer and more accessible financing environments for these countries to pursue circular investments.
It emphasizes the need for multilateral institutions to provide equitable access to development finance for 'build and grow' countries. Additionally, it outlines actionable policy options that national governments can undertake to drive the circular transition, focusing on strategic public spending and collaboration with various stakeholders.
By strategically leveraging public spending, reorienting incentives, and fostering collaboration with multilateral development banks, industry, academia and other governments, Build and Grow countries can embrace the circular economy to achieve sustainable development objectives.