Sustainable Development Goals: MEPs alarmed at $4 trillion investment gap Brussels, 23 June 2026 - Global community seriously off-track on efforts to achieve the Sustainable Development Goals (SDGs) by 2030 - Next multiannual financial framework must align with 2030 Agenda - EU leadership is needed, particularly following suspension of US aid funding The committees on Development and on the Environment, Climate and Food Safety adopted a report on the implementation and delivery of the SDGs ahead of the 2026 UN High-Level Political Forum. Adopted in a joint meeting of the two committees by 66 votes in favour, 17 against, and 7 abstentions, the report – once adopted in plenary – will form the basis of the European Parliament’s position ahead of the 2026 UN High-Level Political Forum set to take place in New York from 7-15 July. In it, MEPs acknowledge that despite efforts made since the introduction of the SDGs in 2015, the global community is severely off track in its efforts to achieve their targets by the 2030 deadline. They are alarmed by the annual investment gap of approximately $4 trillion in funding needed to achieve the SDGs, a gap exacerbated by declining official development assistance (ODA) levels across the world. They want the EU and member states to honour their development aid commitments and to reinforce their leadership role to deliver the SDGs and secure adequate and sustained funding for their achievement by filling the huge financing gap, including that left by the suspension of most USAID funding under the current US administration. Additional EU funding needed MEPs argue that the EU should support its efforts to achieve the SDGs through ambitious financial commitments in the EU’s next long-term budget covering the period 2028-2034. In particular, MEPs want the EU and member states to provide additional financing