With global development finance declining due to geopolitical complexities and ODA shrinkage, triangular cooperation (TrC) is emerging as a vital solution. By pooling resources with like-minded nations, TrC, as demonstrated by India's partnerships with Germany and others, effectively bridges the North-South divide, providing assured, cost-effective development outcomes, particularly for achieving the Sustainable Development Goals.
Global development finance is undergoing a significant rephasing due to increasing geopolitical complexities.
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