The ecosystem of foundations and philanthropy is incredibly diverse, similarly to the private sector ecosystem, and this diversity has enabled a great deal of innovation in providing solutions to sustainable development challenges. However, the experience of these large and diverse ecosystems shows limitations. The world's most pressing sustainable development challenges often cut across sectors and across borders, and require holistic approaches that combine different areas of expertise.
An effective approach to promoting partnerships among different sustainable development actors is therefore key to delivering lasting comprehensive solutions at scale. This is not a new conversation, but it is one that is increasingly gaining relevance in light of the growing role of the private sector and philanthropy in sustainable development.